Thursday, February 3, 2011

Public supports Florida governor's pension rollback plan

This week, newly elected Florida Gov. Rick Scott proposed an overhaul of the state's public employees' pension system by requiring them to contribute to their retirement accounts and by not offering the pension plan to new workers.

http://www.miamiherald.com/2011/02/01/2045971/scott-workers-must-pay-own-way.html

As expected, the public employees' unions are outraged.

But the public?
By a percentage-point margin of 64-28, voters say state workers should contribute to their pensions, just like private-sector workers.
http://www.miamiherald.com/2011/02/03/2048021/scotts-positions-draw-support.html

Wednesday, February 2, 2011

Florida state workers to pay for own pensions?

Gov. Rick Scott is proposing to overhaul the state's pension system for tens of thousands of teachers, police officers and other state and county workers by requiring them to contribute to their retirement accounts and by not offering the pension plan to new workers.

The proposal, which must be approved by the Legislature, would save the state $2.8 billion over the next two years. The state is facing a budget shortfall next year that could top $4 billion.

In announcing the plan on Tuesday, Scott said he wants current employees to pay 5 percent of their salaries into their retirement accounts. State employees currently do not pay for their retirement.

New employees would not receive a traditional defined benefit pension plan, but would be eligible for 401(k) retirement accounts typically offered in the private sector.

http://www.miamiherald.com/2011/02/01/2045971/scott-workers-must-pay-own-way.html

The public employees' unions will scream bloody murder, but the general public will be overwhelmingly in favor.

This is an idea that will sweep the nation.

Protests in Egypt turn violent

http://www.youtube.com/watch?v=fFKq95Jeteg
Several thousand supporters of President Hosni Mubarak, including some riding horses and camels and wielding whips, attacked anti-government protesters Wednesday as Egypt's upheaval took a dangerous new turn.
http://www.youtube.com/user/AssociatedPress#p/u/1/JrVYLumfcqs

The "peaceful protests" are turning violent, now that both sides are participating in protest and counter protest.

The only surprise is that anyone is surprised.

Tuesday, February 1, 2011

No, this is not good news from the Middle East

Jordan's King Abdullah II fired his government Tuesday in the wake of street protests and asked an ex-prime minister to form a new Cabinet, ordering him to launch immediate political reforms.
http://www.miamiherald.com/news/world/

This just means that another country in the Middle East now faces Islamist takeover under the guise of democratisation.

No, this does not resolve the crisis in Egypt

More than a quarter-million people flooded Cairo's main square Tuesday in a stunning and jubilant array of young and old, urban poor and middle class professionals, mounting by far the largest protest yet in a week of unrelenting demands for President Hosni Mubarak to leave after nearly 30 years in power.
http://www.miamiherald.com/2011/02/01/2044426/thousands-converge-in-cairo-to.html

This just means that America has lost another ally.

No, this does not resolve the Obamacare debate

Federal judge in Florida says healthcare law is unconstitutional.

A Florida federal judge ruled unconstitutional a controversial federal healthcare law, a blow to President Obama's signature legislation.
http://www.miamiherald.com/2011/02/01/2044290/federal-judge-in-florida-says.html

This just means that two judges say it's constitutional, two judges say it's unconstitutional, and the issue will most likely be resolved by the one swing vote on the U.S. Supreme Court.

No, this does not resolve the global warming debate

A multi-day, multi-region potentially historic and destructive winter storm will unleash its fury through Wednesday.

When everything is said and done, the storm may very well impact a third of the population of the United States; approximately 100 million people.

Its reach will be felt from the Southern Plains to the Ohio Valley to the coast of New England.

Accompanied with the winter storm will be a severe thunderstorm threat across the South capable of producing damaging winds, hail and a few tornadoes.

Our Midwest storm coverage will be categorized into the four factors: heavy snow, destructive ice, tornadoes and bitter cold. To find out more on the various factors, click on each of the images above.
http://www.weather.com/outlook/weather-news/news/articles/dangerous-destructive-winter-storm-midwest_2011-01-30

This just means that it gets cold in winter.