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Last updateTue, 24 Mar 2015 11am
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Louie Gohmert: Boehner ‘Sold Out’ & ‘Betrayed’ Republicans

Louie Gohmert: Boehner ‘Sold Out’ & ‘Betrayed’ Republicans

Truth be told...

Rep. Louie Gohmert (R-TX) is challengin...

Sledding a liability which must be outlawed; Some cities are just out to kill fun

Sledding a liability which must be outlawed; Some cities are just out to kill fun

DES MOINES, Iowa (AP)  – As anyone who has grown up arou...

Diversions: Recycling a phone book into a work of gourmet paper mache art

Diversions: Recycling a phone book into a work of gourmet paper mache art

Absolutely nothing to do with politics, just a three mi...

Government Pummels Farmers Into Oblivion - Then Subsidizes the Wreckage

Government Pummels Farmers Into Oblivion - Then Subsidizes the Wreckage

The late, inordinately great Ronald Reagan provided exp...

MrBeer Home Brewing Kits - Make a great gift!  Free shipping on select kits throught Christmas.

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What Freedom of Speech?

What Freedom of Speech?

The photos of 40 of the world's government leaders marching arm-in-arm along a P...

Greedy Unions Raid Pensions, Then Blame Wall Street

IBD Editorial:

Reports from a variety of media reveal California state employees are spiking their pensions to stratospheric levels, leaving nothing for their brother employees. Sorry, can't blame Wall Street for this one.

In a laudable instance of the mainstream media doing its job, the Los Angeles Times, the Sacramento Bee, Bloomberg News and City Journal have all exposed "pension spiking" by California public employees. Basically, they manipulate rigid unionized pay and promotion systems to raise their pensions well above what they earned during their working years.

The Los Angeles Times on Saturday pieced together tough-to-get data from Kern and Ventura counties and found a fiscal horror story: In Kern, 77% of public employees with pensions greater than $100,000 actually get more than they did during their working lives.

In Ventura, the figure is 84%. Kern has a $761 million pension shortfall, in part due to the practice.

Both the practice and the lack of transparency are signs of a rotten system. Bigger counties like San Diego and Los Angeles also permit pension spiking.

But L.A. asked the Times to fork over $63,000 for "research" or they won't reveal a thing. Seems it doesn't bother these bureaucrats to pay out the spiked cash, but knowing how much it is is too much of a bother.

That "not my job, mac" mentality brings to mind that California, according to City Journal, is ruled by a triumvirate of public employee unions — the California Teachers' Association, the public safety unions and the Service Employees International Unions — all of whom pay politicians off to let them spike their salaries. ... continues...

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