George Rebane
The Fresno Bee reports that its largest public service union SEIU will lead its 4,100+ county worker members out on strike today. The walkout is scheduled to last three days and protest pay cuts that the union says were negotiated “unfairly”. RR readers are familiar with the pernicious policies of public service unions first heralded in 1937 by none other than FDR himself. No one listened. And now across the land we are harvesting the bitter fruit of yet another progressive policy – compromised and corrupt elected officials, overcompensated public employees, society debilitating unethical ‘work actions’, and trillions of dollars of unfunded pension liabilities.
In my 18jan12 ‘Log entry on the road to ruin (aka fundamental transformation)’ I outlined the utter cynicism of Moonbeam’s new proposals on taxing the “rich”. The state is in an economic death spiral and the socialists are doing nothing but piling on the misery, knowing full well that it will not raise anywhere near the projected revenues. Moonbeam’s last hike in taxes projected $4B in receipts and delivered $2.2B, the projection missed the actual by more than 80%. Now our leftwing looney is telling all his equally gifted constituents that his new taxes will pull in $5B a year. Even California’s own Department of Finance is advising everyone within earshot not to hold their breath; that the max they could expect is about $3B a year. And that doesn’t account for all the added high earners who will bail out for better financial climes. The 23jan12 WSJ finally picked up on RR’s lead on this ;-) Bottom line: much tougher sledding ahead in the gelded state.
Speaking of worldwide socialist tragedies, our own version of it will be put into overdrive if our dedicated anti-capitalist Chief Community Organizer gets re-elected. He will take that to be ‘Mandate City’ on the path to a fundamentally transformed workers’ paradise. Those who don’t believe this are invited to listen tomorrow night to Obama’s State of the Union speech, it promises to be a doozy. Oprah will again shed tears of joy as she envisions ‘social justice’ spreading across the world. But first we gotta tax all them rich guys.


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