Posted on 09/06/2010 5:51:50 AM PDT by theBuckwheat
...The wave is building and when it reaches our shores, it will hit with the force of a tsunami.
The wave is propelled by government spending and crested with unfunded pension obligations. The Pew Center on the States wrote in The Trillion Dollar Gap (February 2010), “A $1 trillion gap exists between the $3.35 trillion in pension, health care and other retirement benefits states have promised their current and retired workers as of fiscal year 2008 and the $2.35 trillion they have on hand to pay for them.”
Like any tsunami, the wave began long ago and very far out to sea. Thirty years ago the vast majority of union workers were in the private sector. Public employees in unions reached parity with private sector members by 2009. This was aided in part by campaign contributions from the unions to elect Democratic Party candidates and generous pay packages and retirement plans passed by those same politicians in return. ..
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there is a stack of now statutory laws passed in the last year taller than you standing on my shoulders that must be read and implemented. this task alone will occupy our next decade. repeal is impossible, it just does not happen that way.
the damage has been done, the patient is permanently maimed. let us just call our victim "wobbles" and move on to our diminished place and learn to fly with our broken wings.
Public employee unioms should be outlawed. They are an inherent conflict of interest at war with the public fisc. Where is a single politician brave enough to speak the truth?
Sadly, I think that you are right.
The states must band together, dismantle the federal government and then reform it.
Statutory laws, like Executive Orders, can be dealt with in the courts, on a case-by-case basis. Eventually, since the leftists have decided case law rules over the Constitution, the weight of decisions will invalidate many of the statutes, agency rulings and EOs.
Yes, it will take time. I think too many people and companies and interests are being disenfranchised by these back-door attempts to rule over us for the egregious laws to remain in force forever.
If the House denies funding and the States plead sovereignty under the 10th, as well as poverty, that will be another set of fronts against this coup.
all i am saying is it is going to take a decade to sort it all out. most likely the last decade for many who would otherwise have had few more decades of opportunity to thrive or simply survive... cry not, most of the injured voted reliably for years to get what is coming their way.
if you have any kids entering college, kick it in and get them into prelaw, weather they like it or not...
it is going to be a long next decade, they will likely starve without a law degree.
For us, as seniors, the next decade is simply going to be a long slog downward. We know it and all our friends do, as well.
Interestingly enough, in one family we know well, where Dad is an MD, 2 children are lawyers. One is actually a property manager while the other went the JAG route to pay off his college/grad school loans.
How many large firms are hiring graduates? In my rural area, the wife of one attorney works at Walmart, another wife is a CPA and a third wife has a State job. The rest are retired and maybe still do a little bit of consulting. Many of the younger ones run for public office.
Even the large tort firms that advertise locally seem over-full of young grads. One wonders just who will employ them? Corporations and NGOs is my guess, along with government, of course. Seems that will depress salaries somewhat.
humanity used to resolve these issues through protracted warfare over mud pits full of those who's parents had irreconcilable differences amongst theirselv’s.
one likes to believe that all the trillions spent educating posterity will somehow change the dynamic.
one can and must hope, though hope means nothing in such controlled circumstance.
this is why faith in a higher order is so faithlessly reemerging amongst the lost leaders of a lost people.
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