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chuck ny state teachers pension fund lost over 8 billion last year in the mkt meltdown , well who makes that up ???? the taxpayer does because the pension fund is guaranteed by ny state law .... well what in the world were they doing with 70% of the $ in the stock mkt , shouldn't it be in cash , i am not against the penisons the teachers get , but when the taxpayer has to subsidize their losses it ain't right.... a lot of people who make what teacher make in ny 50 - 100k are not getting their 401k 's made whole |
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I grew up at public schools, absolutely terrific, where 65-70% of the kids went on to college. Good tax base.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |