public employee unions should be banned from campaigning for or contributing to politicians with whom they negotiate their pay and benefits and who vote for the expenditures on those contracts. Clear conflict of interest and institutionalizes bribery.
I heard a woman call in to an investment talk show, with questions about her upcoming retirement. Should she roll over her 401k, put her money here or there,etc . All the while she very reluctant to give any specific information of where she worked, what she did for a living. Finally the host got her to fess up. She was retiring at age 60, after working for the California government for 30 years, with a lifetime guaranteed pension of $75,000 a year. No wonder the California taxpayer is getting hosed.
I heard a woman call in to an investment talk show, with questions about her upcoming retirement. Should she roll over her 401k, put her money here or there,etc . All the while she very reluctant to give any specific information of where she worked, what she did for a living. Finally the host got her to fess up. She was retiring at age 60, after working for the California government for 30 years, with a lifetime guaranteed pension of $75,000 a year. No wonder the California taxpayer is getting hosed.