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Editorial

Original post made on Apr 18, 2010

In what likely was School Superintendent John Casey's last report to a Pleasanton Chamber of Commerce group last Tuesday, the veteran teacher, principal and superintendent, who is retiring June 30, said financial uncertainties facing school districts throughout California are so dire and chaotic that most, including Pleasanton's, can no longer develop long-range plans that educators need to do -- and have always done in the past. Although the district has made reductions of $11 million to its once-proposed $120 million budget in the current school year and made $2 million in cuts last year, given the current state budget crisis the district has to make additional reductions of up to $8 million for the 2010-11 fiscal year, which starts July 1. This is roughly equivalent to spending $1,400 less per pupil on programs and personnel.

Read the full story here Web Link posted Friday, April 16, 2010, 12:00 AM

Comments (42)

Posted by Dark Corners of Town, a resident of Country Fair
on Apr 18, 2010 at 7:43 pm

Nothing ruins a good story quite like the facts.
One year ago the Pleasanton Chamber of Commerce in a qualified endorsement of Measure G said "With this endorsement, we also call upon the PUSD Board of Trustees to work with City leaders and chamber of commerce leaders to engage both public and private sector resources, expertise and creativity to help address issues of long-term stability." With the June 2010 expiration of a three-year teachers union contract, PUSD had the opportunity to structure employee expenses to provide long-term stability. Instead, PUSD and the teachers union re-signed the same three-year contract, complete with automatic salary increases and no changes in benefits. This blatant disregard for the economic situation PUSD finds itself in is a fiduciary abomination. Instead, PUSD and the teachers union are using layoffs, reductions in high school class periods, increased middle school and high school staffing ratios and temporary state-authorized unpaid furlough/vacation days (while still keeping ADA revenue) to cuts costs. To claim that these are all 'salary cuts' is misleading at best. At least Dr. Casey was honest when he said that they were 'cobbling together the best it can.' How true, using one-time gimmicks while keeping the underlying fundamental issues unsolved. Let's be clear. The furlough day 'salary cut' is applied AFTER the annual salary increases. Approximately half the teachers will experience a salary increase this current year and next year. And the total salary expense line (not counting the layoffs) will increase given the accretive nature of the salary increase structure.
Which leads to the new 'Drop and Donate' campaign. While admirable in its intent, this fundraising campaign attempts to move responsibility for non-teacher funding to the community while keeping the teacher salary increases and benefits intact. As now seen with the elementary music program which relied on community and PSEE funding to exist in 09-10, the community and PSEE is now on the hook to provide the same level of funding for 10-11. And the same will be with the PPIE CORE programs. Guilt, shame and threats of child–hating will be used to goad the community into not letting those programs and services go away. And whatever PPIE manages to raise will only be used to further hook dependency on fundraising next year. If it weren't for the union expense structure in place, and the refusal to implement a permanent across the board salary cut, the fundraisers and parcel taxes would not be needed.
At the same time, the California PTA and Pleasanton PTA want to reduce taxpayer protections with a state constitutional initiative this fall to lower the voter threshold for local education parcel taxes to 55%. Then in 2011, the plan is to bring an education parcel tax before the Pleasanton voters. This is the strategy to extract the maximum amount out of the community while protecting and increasing teacher salaries and benefits.
Superintendent Casey should not be whining about not being able to budget well. He and the PUSD Board had a full year to implement long-term fiscal stability. They missed the opportunity and the community should not have to pay for their incompetence.
The unions have chosen to use economic pressure against privately held Castlewood Country Club. It is time to hold them accountable and to apply economic pressure against the unions. Since PUSD and the unions believe it is OK to cut student learning by three days a year, then we as parents can choose to keep our kids out of school whenever we choose and cause a reduction in ADA to the district. The 'Don't Drop Off' campaign has started. Along with the 'Don't Donate' campaign, we will continue to send the message to PUSD and the unions to implement long-term fiscal solutions.
How unfortunate that this year went by without meaningful progress towards fiscal stability. The PUSD Board, administration and unions have conspired to screw the families and kids to inflict as much pain as possible in order to drive fundraising and parcel tax campaigns. It is time now to tighten the screws that we control.


Posted by Kathleen Ruegsegger, a resident of Vintage Hills Elementary School
on Apr 18, 2010 at 10:05 pm

Let's hope the choice of a new superintendent, which should be all but done, will be the first step in a district that is open and accountable to all Pleasanton taxpayers. November elections are the next step. I hope we have many good candidates from which to choose.


Posted by Parent, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 7:24 am

DCOT,
You might be interested in recent events in Oakland. Parents picketed outside the Lazaer Elementary School and the Oakland School District offices to protest the slow response of district administrators to parents' complaints about a teacher. They also kept students home from school with about 60 of a 300 student population attending on the day of protest.
Parents said the teacher, who is a 20 year veteran
-left students alone in the classroom while the teacher took a smoking break
-locked a student in a classroom
-grabbed a student by the collar

Parents interviewed as they picketed stated that the school and district administration responded too slowly to parents' concerns because union rules make it difficult to fire a tenured teacher.


Posted by Diana, a resident of Hart Middle School
on Apr 19, 2010 at 8:02 am

Dark Corners,
That is a very good summary of facts. I wish it could get published in the PW hard copy for more to see.
This forum allows us to see there are others that get it and that is reassuring.


Posted by Diana, a resident of Hart Middle School
on Apr 19, 2010 at 8:02 am

Dark Corners,
That is a very good summary of facts. I wish it could get published in the PW hard copy for more to see.
This forum allows us to see there are others that get it and that is reassuring.


Posted by letsgo, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 8:42 am

"The PUSD Board, administration and unions have conspired to screw the families and kids to inflict as much pain as possible"

How have the families and kids been "screwed"? What pain have the families and kids suffered?

The only thing I have felt is that the kids are out of school a few more days. No big deal, I know many many families that have no problem taking their kids out of school for a week vacation or a long weekend. Also look at the number of parents that call in and excuse their student on things like senior skip day.


Posted by Rat Turd, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 8:55 am

Dark,

Very good summary and probably the first I have seen which explains in order of what happened. Our school board, administrators, and teachers union have really messed this up. We should get someone with some business experience on the board who has a background with dealing with unions. We are far to cozy with ours.


Posted by Dark Corners of Town, a resident of Country Fair
on Apr 19, 2010 at 10:54 am

To 'letsgo' - As an example of being 'screwed', go have a discussion with Dr. Casey about how the teachers union 'negotiated' the high school elimination of seventh period.


Posted by Dish, a resident of Country Fair
on Apr 19, 2010 at 11:49 am

Dark Corners,
Don't make us guess, dish!
I have heard from several sources that the teachers repeatedly said that they wanted any concessions to "hurt the parents". For example days off that would cause childcare problems.


Posted by letsgo, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 1:36 pm

The union did not negotiate the elimination of a 7 period day. That would cost teachers jobs and the union money - if the teachers union did negotiate that, you should thank for taking the hit in membership and reducing the number of teachers needed.


Posted by letsgo, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 1:40 pm

"I have heard from several sources that the teachers repeatedly said that they wanted any concessions to "hurt the parents". For example days off that would cause childcare problems."

That may be true and the voice a a few teachers (probably just venting also). As you see these teachers did not get their way as the furlough days this year were put up against other vacations (spring break & Memorial day) when a number of parents take their kids out of school for even longer breaks. This helps the district save a few dollars avoiding the students abscences.

So where is the "hurt"?


Posted by Anonymous, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 2:04 pm

DCOT,

You and your TEA Party cronies like Rat Turd have done and will do far more harm to the education system than teachers ever will. Social Security, Medicare, and Pensions are going to bankrupt California and the nation. How much will the children and the rest of society have to suffer to support selfish baby boomers like yourself? Why don't you do the right thing, and relinquish your claim to any government money. Oh sure, you're going to say that you've paid into the system and deserve to get it back. Well, I've paid into the system, too--do you think I'm going to get any of it back???

Statements such as "Teachers wanted to 'hurt the parents'" and ""The PUSD Board, administration and unions have conspired to screw the families and kids to inflict as much pain as possible" are irresponsible, ignorant, and inflammatory.

You claim you are in favor of schools, but from reading your postings, all you are concerned about is cutting costs--NO MATTER THE IMPACT ON THE CHILDREN.

I am going to use your statement and replace teachers with "DCOT and the TEA Party, because if you can try to pass your outrageous statements as the truth, so can I.

DCOT, Rat Turd, and the TEA Party want to hurt the parents.

DCOT, Rat Turd, and the TEA Party have conspired to screw the families and kids and inflict as much pain as possible.




Posted by Crazy, a resident of Del Prado
on Apr 19, 2010 at 4:12 pm

Anonymous/Teacher,

Sooooooooooo does the school district offer some type of EAP program? If so, I suggest that you take advantage of it. Pretty hard with a straight face to even respond to your rants.


Posted by Anonymous 2, a resident of Del Prado
on Apr 19, 2010 at 4:15 pm

Anonymous, you need to slow down a little bit.

"Social Security, Medicare, and Pensions are going to bankrupt California and the nation." You're right; these government Ponzi schemes and outrageous pension plans are among the targets of the TEA party movement. Maybe you should listen to their message; not the race-baiting and inflammatory comments from their opposition.

"Statements such as "Teachers wanted to 'hurt the parents'" and..." Do you have proof that these aren't true?

"...all you are concerned about is cutting costs--NO MATTER THE IMPACT ON THE CHILDREN." You're just plain wrong. DCOT and many others been calling for cuts in the district that don't impact the children. The district is offering and enacting cuts that DO HURT THE CHILDREN AND FAMILIES."

I'm looking forward to a turnover in the administration of PUSD.


Posted by Anonymous, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 7:09 pm

Anonymous 2, I could ask you the same thing: how do you know the statements from DCOT and the like are true? How on earth can they claim to know what teachers and PUSD are thinking? How can ANYONE claim to know what someone else is THINKING?

What a bunch of malarky!

And, by the way, I don't see any TEA Partiers refusing handouts from the goverment. Your movement is a farce.


Posted by 45th in the nation, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 7:59 pm

Here are some sobering facts for you DCOT. Take a glance at this, the NEA's Rankings and Estimates report for 2009 and 2010:

Web Link

According to p95, for 08-09, California spent $8,605 per pupil. This ranks us at 44th in the nation in terms of expenditures per pupil. I don't believe that these numbers reflect costs of living adjustments. To put that in perspective, Arkansas spent $12,512 per pupil in 08-09. Arkansas outspent California by nearly $4,000 per pupil last year to educate their kids.

According to p96, 09-10 estimates are $8,825 expenditures per pupil which will place California in 45th place of the 50 states and D.C.. Arkansas will spend $13,765 per pupil, outpacing us by nearly $5,000 per pupil.

Pleasanton Unified, according to ed-data.com is at $8.453 expenditures per pupil for 08-09. This number will certainly drop for 09-10 after the next round of state budget cuts.

My point is that we've seen this hostile rhetoric from DCOT and the usual players many times before. We get it. As a parent and citizen of Pleasanton, this has run its course for me. I don't see how this kind of thread serves the children in this city who are trying to get educated in a state that's spared no effort in dismantling their schools over the last few years. Blaming teachers, administrators, unions, janitors, the Grinch, whomever, goes so far in the face of these kinds of numbers.

I'm planning on happily donating to the CORE effort and wish there was more I could do. I encourage others to do so as well. It's a great investment in our kids and our community.


Posted by Rat Turd, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 8:06 pm

Anonymous,

so tell me there fella how have I ever hurt a teacher and how have I ever tried to hurt families or anyone else? Please read my statements above again. In addition, I pay my taxes and pay a ton I might add and have never taken a handout from the government even though at times I was entitled to. I have never been arrested, I have served my country, I have donated to schools, fundraisers etc.

I am a big supporter of the tea party movement and you should be also if you care about this country. You should attend one of the rallies and I believe you would change your tune a little bit. I suspect very few of the people there have taken much from the government. Go out and meet some of the people and I believe your hatred with disappear.


Posted by Rat Turd, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 8:08 pm

45th,

Please give and give deeply as many of us have over the years for education not teachers salaries at a time when the state is bankrupt because of out of control spenders.


Posted by Dark Corners of Town, a resident of Country Fair
on Apr 19, 2010 at 9:30 pm

I stand by all my claims above and over the past year.

My point is that we've seen this dismissive head-in-the-sands i'm-not-responsible rhetoric from the usual players many times before. We get it. As a parent and citizen of Pleasanton, this has run its course for me. I don't see how one-time budget gimmicks serve the children in this city who are trying to get educated in a state that's spared no effort in dismantling their schools over the last few years. Layoffs and raising salaries for teachers, administrators, unions, and janitors goes so far in the face of these kinds of numbers. There are alternatives and PUSD and the unions chose not to use them.

I'm happily NOT donating to the CORE effort and wish there was more I could do to spread the word. I encourage others to NOT donate as well. It's a great long-term investment in our kids and our community to force PUSD and the unions into better fiscal management and responsible behavior.

We can disagree and let the court of public opinion determine how much fundraising will occur, whether taxpayer protections will be eroded, and whether a special education parcel tax has a chance.


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 9:39 pm

The Tea Party movement does get a lot of issues wrong, and tends to suffer from the same kind of group think that inflicts many of left wing and union rallies. One glaring example is the sort of hero worship that Sarah Palin gets at these things. People just don't want to remember that she was in favor of government bailouts for AIG, Goldman Sachs, and others.

Web Link

You also see people saying at these things saying that government spending is out of control, but Medicare, Social Security, and Defense aren't problems and shouldn't be cut. Of course, you can't close the budget deficit without cutting these programs or increasing taxes.

Then you get posts like DCOT above who sees everything as black and white, and that every issue two sided issue has only one side -- his side. He seems to think that the only way to deal with a shortfall is to cut spending. Of course that is one way. But another way is to increase funding. To promote cuts but oppose fundraising is just wrong. People who like their schools and want to donate should not be discouraged, just because DCOT wants them to. He wants to lay all the blame for the funding shortfall on PUSD and none on the "great recession" and the global economic downturn. His posts sounds like one of those angry tea party rants I heard last Friday. He needs to get over this anger.


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 9:43 pm

"...angry tea party rants I heard last Friday."

Correction -- Make that last Thursday.


Posted by Upset, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 9:48 pm

"Which leads to the new 'Drop and Donate' campaign. While admirable in its intent, this fundraising campaign attempts to move responsibility for non-teacher funding to the community while keeping the teacher salary increases and benefits intact."

This is so true. I got an email informing me that the volunteers will be outside of school to collect my donation when I bring my child to school, and not to worry, that if I forget my checkbook, the volunteers will be there at dismissal time to collect the money! Are they kidding?

Who do they think they are trying to make people feel like they have to donate?

I am NOT planning to donate, and it has nothing to do with my ability to do so or with my forgetting my checkbook. I simply do NOT feel like subsidizing someone else's perks and raises (yes, as far as I know, step and column has NOT been frozen) during times when all of us have to be more conservative and careful with our money - we are in for a long recession, why should we give our money to someone else instead of saving it?

Schools: don't you get it? If people wanted to give you, they would mail the check (we all received the letter about the CORE campaign) or they would bring it to school themselves. For you to put volunteers to try to force people to donate should be illegal. I hope no one approaches my car. In fact, I may just keep my kids out that day, to avoid the harassment.


Posted by Upset, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 9:53 pm

"People who like their schools and want to donate should not be discouraged,"

Agree, but also, people who do NOT want to donate should not be forced to. This thing about approaching people in their cars as they drive their kids to school, asking where is your donation? and then telling them not to worry, we will be waiting for you here when you pick up your child, don't forget your checkbook again - that is nonsense and it is WRONG!

You want people not to be discouraged to donate. How about leaving those of us who do NOT want to donate alone, and not harassing us when we pick up or drop off our kids at school?


Posted by How much has been raised so far, a resident of Another Pleasanton neighborhood
on Apr 19, 2010 at 9:59 pm

Here is how much has been raised so far:

Web Link


Posted by Dark Corners of Town, a resident of Country Fair
on Apr 19, 2010 at 10:08 pm

Patriot - You obviously have not read my proposal, a way to increase the number of teachers and position the community for huge support for fundraising and even *gasp* a parcel tax.
I find great humor when posters like you bring in words like 'Palin' or 'Tea' or 'Goldman Sachs'. I prefer to 'Keep Calm and Carry On'.


Posted by Really?, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 12:42 am

The more you post DCOT, the more clear your motive becomes. You hope to see the schools fail as you claim " wish there was more I could do to spread the word. I encourage others to NOT donate as well." Your character shines clearly when you campaign against optional school fund raisers.

Your rant no longer makes sense in the face of the hundreds of school districts in this State facing the exact same issues. Your attempt to blame our administration is simply not true. You may not agree with the decisions that have been made to balance the current budget, but that does not make these decisions wrong. You report only a portion of the cuts that have been made, and ones that further your point and mislead members of the community.

Your blatent disregard for the concessions the teachers in PUSD made in order to save the district over half of the current budget deficit ($4.5 million) is absurd. You dont agree with the standardized national method of how teachers are paid, and claim it is the fault of district administration for not changing it this year? Your comments show the lack of knowledge you really have on the topic, yet again like to mislead the members of the community.

Keep burying your head in the sand to avoid what really is the issue with funding education in California. Your opinion is not fact, and not a true representation of what is really going on in our schools. This is a top performing district- in the top 10% in the state, nationally recognized schools, award winning sports, music, and student government organizations. This is not a failing school district, thanks to the professionals working daily to overcome the millions in cuts to programs, staff, administration, and materials.

Your continuous efforts to mislead the members of this community dont even make sense anymore.


Posted by 45th in the nation, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 7:07 am

45th in the nation in per pupil spending and we'll go down even further.

The teachers (union) have given 4.5 million in concessions this and next year.

California has cut 13-17 billion in funding to schools the last three years. More to come.

PUSD has cut 11 million so far with more to come.

PUSD has fired over 1/3 of their evil "administrators"

PUSD has fired hundreds of their teachers. Thirteen from my kids' school last year

Class sizes have increased to 25:1 from 20:1.

Programs and people have disappeared. Tens of thousands of teachers and support staff, gone. More will be gone very soon.

Per pupil spending in California has dropped by over $1500 the last two years. It will drop further. PUSD is in line with this amazing drop.

This is happening in almost every district in California, including ours.

Now, whose head in buried in the sand DCOT? And now, you're railing against people and parents who may give to an local optional fundraiser? Warning them against the folly of their donations in light of these "facts" of yours?


Posted by Anonymous 2, a resident of Del Prado
on Apr 20, 2010 at 8:35 am

Anonymous; I don't know that the statements attributed to the teachers and union are true. That's why I asked if you knew otherwise. Apparently you don't; just say so.

It surprises me (no, actually it doesn't) that you seem to recognize that various bankrupt government programs are causing ongoing financial problems for us. As you've stated, we have paid into these systems for years and we aren't likely to get anything out of them. That's a crime as far as I'm concerned. So why aren't you standing up and demanding something be done? It seems that you are in favor of allowing government entities (PUSD for example) to just continue on their paths of financial mismanagement. You seem to undertand this problem. Why don't you add your voice to the call for fiscal responsibility?


Posted by parent of two, a resident of Val Vista
on Apr 20, 2010 at 9:02 am

45th in the Nation wrote:

"45th in the nation in per pupil spending and we'll go down even further."

And yet, we pay the highest taxes in the country: Web Link

What's happening to our money between here and Sacramento? Quit the assault on our wallets (parcel taxes, collecting yet more money from us at the schools every few months, etc.) and focus on the sources of our problems. Spend happy politicians/leaders, unions and ludicrous pensions should be in the cross-hairs. I'm tired of bailing out the folks responsible for getting us to this point- no more!


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 6:43 pm

" I'm tired of bailing out the folks responsible for getting us to this point- no more!"

A recession got us to this point.


Posted by Tim, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 8:14 pm

Wrong Patriot, irresponsible raises, reckless spending and poor planning caused the problem. The recession made it so they could no longer cover it up.


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 8:19 pm

And how were they covering it up Tim? Some kind of conspiracy? Looks like every school district in the country must have been in on the game.


Posted by Rat Turd, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 8:38 pm

Patriot,

Question for you? So not dwelling one past nor on what is currently going on. What do you suggest be done about school funding in light of the fact that the state is bankrupct, business revenue is way down, unemployment at 12.5%, and none of these are projected to improve dramatically in the near future?


Posted by Need to hit bottom first, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 9:06 pm

Dark Corners' opening comment really must be printed in PW...seems to be the wisest adult in town.
HOW could a new Super 'fix' anything with the renewed 'auto-increase' union contracts. They're like alcoholics that can't or won't cure themselves....I guess we'll have to go ahead and 'hit bottom'....no other solution...cannot just continue feeding the excesses.
Unions and the 'lousy legislature' refused to fix the "auto-pilots' in the state, which continued our plunge well BEFORE any economic crisis. Auto-pilots will destroy CA, our city, and our schools. It's inevitable...so WE cannot continue 'feeding' the auto-pilots..that was a SERIOUS mistake!!! Sorry, we're broke! And, what's with dummie attempts at dragging petty politics into this discussion...this is ECONOMIC REALITY ! Wishes, wants, needs, are irrelevant !!! (taking an extra 3 days vacation, won't solve THESE problem) ! Get a grip on what is happening OUT HERE in the real (non-union) world.


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 9:12 pm

"which continued our plunge well BEFORE any economic crisis"

What "plunge before any crisis"? What are you ranting about?


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 9:16 pm

" and none of these are projected to improve dramatically in the near future?"

Let's see, where have I heard that one before? It was about 1991. Everyone was saying don't buy a house, business are leaving California and not coming back! Spending is out of control! Jobs are leaving the state. You'll be bankrupt. OK. Now that house is worth about four times as much as it was in 1991. My salary more than tripled in the next ten years. I've heard it all before. It ebbs and flows. This too will pass.


Posted by Need to hit bottom first, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 9:53 pm

Patriot, phony diversion. The CA plunge,(caused by greedy public unions and stupid, lousy,bought off legislature) was well under way long before the current economic plunge. Their are some who attempt to con the gullible that the current situation was ALL caused by the housing foreclosure/finance collapse....which is NOT the case ! CA UNsustainable, union auto-pilot contracts and retirements were already collapsing CA. SOME union 'front' spokesmen try to blame the national situation. Long-time, INFORMED Califorians KNOW the state was well in the process of collapse. You KNOW that. But thanks for playing dumb, and having me explain we some who might have bought into blaming it ALL on the current situation. The UNsustainable CA union destruction was well under way. It is tragic, and upsetting, that we have officials who STILL CRUMBLE to the unions and SELL OUT OUR KIDS and US. That is WRONG, and cannot be tolerated or rewarded.


Posted by Tim, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 10:13 pm

Patriot,

Like a Ponzi scheme they needed to keep the money flowing.

Yes, it became acceptable for most government agencies to spend irresponsibly and not plan for lean times.

Knowingly entering a Ponzi scheme, even at the last round of the scheme, can be rational economically if there is a reasonable expectation that government or other deep pockets will bail out those participating in the Ponzi scheme.


Posted by Tim, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 10:13 pm

Patriot,

Like a Ponzi scheme they needed to keep the money flowing.

Yes, it became acceptable for most government agencies to spend irresponsibly and not plan for lean times.

Knowingly entering a Ponzi scheme, even at the last round of the scheme, can be rational economically if there is a reasonable expectation that government or other deep pockets will bail out those participating in the Ponzi scheme.


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 10:17 pm

Need,

I can't see that you've explained anything. What are you talking about? CA plunge? Is there something wrong with your keyboard? What is with all the capital letters?

"But thanks for playing dumb, and having me explain we some who might have bought into blaming it ALL on the current situation."

Is that even a sentence?


Posted by old person, a resident of Another Pleasanton neighborhood
on Apr 20, 2010 at 10:58 pm

Tea party supporters, anti-tea party supporters. Cut spending on teacher salaries supporters, and increase taxes to spend on teacher salaries supporters. Both of you pick on old people, who you are soon to become, for receiving medicare and social security, as if they are the problem. Let's take this money, you suggest, paid in over decades by the very old people and their employers, and that you seem to blame for the shortfalls to your foolish overspending on public employee pension plans and excessive public salaries, and somehow re-direct it to the "children". Code words for more spending on teacher's salaries and benefits.

If both sides are so against medicare and social security, you can right now and forever solve this financial problem that you are so set against by simply signing a legally binding pledge to not ever claim social security or medicare benefits when you and if ever you reach the age to claim them. After all, you are ideologically against them. Start a movement whereby these legal disclaimers are to become law whereby you forego forever your right to claim benefits. Put your tea party or liberal mouth up, or shut up. The solution to the problem you hate is entirely in your hands!!!!


Posted by Patriot, a resident of Another Pleasanton neighborhood
on Apr 21, 2010 at 8:03 am

"for receiving medicare and social security, as if they are the problem."

Yes they are the problem. Medicare and social security are 40% of the federal budget and paying out way more than they ever took in. We don't have to cancel the programs. We do need to either cut benefits, raise taxes, or keep borrowing. Do the math. Simple stuff.


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