In case on this blog all of this excellent article by David Sorota does not come out I post it here or below.
Okay, this is a long article by David Sorota but well worth reading. It reinforces what I have felt for months. PBS is not the same and why I do not contribute any more to it. As the great George Carlin said "they are coming for it all, they want all of it, they are coming for your money, your 401ks, your pensions, your retirement money ... everything -- they want it all so don't go looking for it, be happy with what you have because "It's a club", he said, "and you ain't in it!"
Yet more proof of how prescient George Carlin really was!
In order to make these payments each year, as you mentioned in the intro, the state is putting about 20 cents of every taxpayer dollar into the pension funds. That’s money that could be going to schools. There are social service agencies that have not been paid what the state owes them for months at a time. They’ve got a multi—I think it’s close to eight billion dollar backlog of unpaid bills sitting in Springfield waiting to be paid because there isn’t money to do it.