Wisconsin Greed and MSNBC grandstanding
Feb. 18th, 2011 05:08 pmBeen watching MSNBC's cam-pain to make the greed of Wisconsin public employees appear to be a Noble Cause. The governor and most of the legislature was voted in on a platform to end public employee unions' choke hold on the state budget. The employees currently have a fully funded retirement program and pay NOTHING for health insurance. The bill they are protesting would have them pay a measly 12% of their health care and 5% of their retirement. That's basically about a 10% cut in take-home pay, because the money is all pre-tax, and the retirement part is deferred pay.
To put this in perspective, my last full time job paid nothing into my retirement, they merely set up a 401K program into which I could put my own pre-tax dollars. For health care (I found out when I went on COBRA) I paid 33% of the premiums. In other words, I would love to have the deal the folks are being offered in Madison.
One side thing, despite the Superbowl win by a Wisconsin team, I saw no Packers green being worn by protesters - but a lot of UW Badgers red. Losers.
Watching Ed Schultz last night rousing the rabble in front of the state house a la Glenn Beck, I was thoroughly disgusted. He's supposed to be covering and commenting on events, not making them.
To put this in perspective, my last full time job paid nothing into my retirement, they merely set up a 401K program into which I could put my own pre-tax dollars. For health care (I found out when I went on COBRA) I paid 33% of the premiums. In other words, I would love to have the deal the folks are being offered in Madison.
One side thing, despite the Superbowl win by a Wisconsin team, I saw no Packers green being worn by protesters - but a lot of UW Badgers red. Losers.
Watching Ed Schultz last night rousing the rabble in front of the state house a la Glenn Beck, I was thoroughly disgusted. He's supposed to be covering and commenting on events, not making them.