So let me get all of this lined up, because I am having some issues with my logic. Wisconsin was not in a budget crisis at all until Governor Walker passed a sweeping tax cut bill that eliminated $140 million dollars from corporations. He wishes to make up the newly created deficit by eliminating the bargaining rights of government workers (which was just passed by a loop hole the other day). The governor wishes to make up the gap that he created by eliminating a non-monetary part of the rights of workers so that he can then eliminate jobs, pensions, and reduce pay. Am I getting all of this right.
The starting salary for a teacher in Wisconsin is $25,222.
The average salary for a school teacher in Wisconsin is $46,390.
(from The Teacher Portal)
While the governor pursues these terrible miscreants of total monetary debauchery, does everyone know that not a single Wall Street big wig responsible for the melt down of the global economy has spent one second in any type of incarceration. Maydoff was not part of any of the big institutions, and was, in fact running the same scheme that all the big firms were, just on his own instead of with Meryl Lynch, JP Morgan, or Goldman Sachs. So, Maydoff only counts as the one bone thrown to us and fed to a moronic media institution.
Wisconsin is in the hole $140 million because the governor gave tax breaks to wealthy corporation at the expense of the tax payers. Wall Street lost $4 trillion as of September 16th, 2008. Tax payer money. President Bush then gave them TARP money (troubled asset relief program) to make up the losses of our money. The system was deregulated so that they could invest and gamble with our money that was put away for saving and retirement. You will never see that money. You will never see your retirement. Entire families lost their homes, jobs, and even their lives. All of this because a bunch of greedy, worthless, no good, worms stole our money and lost it on their own decadence.
Now, can someone please tell me again how it is the the collective bargaining rights of people making $25,000 a year is effecting the overall shit storm that is happening in Wisconsin? Because what I see is a complete break down of our political and financial system on a completely universal scale. It may be the one true partisan thing happening in politics.