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Thread: Wisconsin governor gives Democrats ultimatum

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    Wisconsin governor gives Democrats ultimatum

    Excerpted from “Wisconsin governor gives Democrats ultimatum” By David Bailey, MADISON, Wisc., Reuters, Mon Feb 28, 2011 10:54pm EST
    Republican Governor Scott Walker on Monday gave absent Democratic lawmakers an ultimatum to return to Wisconsin within 24 hours and vote on a proposal to reduce the power of public sector unions or have the state would miss out on a huge debt restructuring. …
    The whole world is watching.
    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Wisconsin governor gives Democrats ultimatum

    Where do people like Scott Walker come from? I look at all the things in America that shaped who I am, and I just can't imagine someone like that having been raised in the same country.

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    Re: Wisconsin governor gives Democrats ultimatum

    union should prevail in its filed Unfair Labor Practice charge, establishing that the party to the contract, the state of wisconsin, has not lived up to its obligation to negotiate in good faith
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Wisconsin governor gives Democrats ultimatum

    This is as good an explanation of what is happening in Wisconsin as any I've seen.

    Excerpted from “In Wisconsin, the real struggle is over power” By Ezra Klein, Washington Post Staff Writer, The Washington Post, Monday, February 21, 2011; 8:08 PM
    The deal Wisconsin made with its state employees was simple: Accept lower wages than you could get in the private sector now in return for better pensions and health-care benefits when you retire. Now Walker wants to renege on that deal.

    Rather than stiff the banks, in other words, he wants to stiff the teachers - but the crucial twist he's added, the one that's sent tens of thousands of workers into the streets, is that he wants to make sure they can't fight back once he does it.
    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Wisconsin governor gives Democrats ultimatum

    Quote Originally Posted by Chappy View Post
    This is as good an explanation of what is happening in Wisconsin as any I've seen.
    that so sums up the situation
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Wisconsin governor gives Democrats ultimatum

    There was nothing noteworthy about Friday (the date previously floated regarding the debt restructuring) and there's nothing notable about Tuesday. Debt restructuring involves issuing new debt at a lower interest rate and using the proceeds to pay off a portion of the previously issued debt with a higher interest rate. An interest rate hike or notable increase in rates from the current levels is not imminent. Hence, if the debt were restructured even next month, odds are that Wisconsin would not be materially adversely affected.

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    Re: Wisconsin governor gives Democrats ultimatum

    The deal Wisconsin made with its state employees was simple: Accept lower wages than you could get in the private sector now in return for better pensions and health-care benefits when you retire. Now Walker wants to renege on that deal.

    Rather than stiff the banks, in other words, he wants to stiff the teachers - but the crucial twist he's added, the one that's sent tens of thousands of workers into the streets, is that he wants to make sure they can't fight back once he does it.
    The teachers could always quit and go find another job.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Wisconsin governor gives Democrats ultimatum

    Quote Originally Posted by apdst View Post
    The teachers could always quit and go find another job.
    why should they need to?
    their union has entered into a contract, one with which the state agreed, to pay them a defined compensation for their efforts


    it is this contractural arrangement that the governor is trying to eliminate while insisting he is not

    he is a liar and a republican ... but then i repeat myself
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Wisconsin governor gives Democrats ultimatum

    Quote Originally Posted by Chappy View Post
    This is as good an explanation of what is happening in Wisconsin as any I've seen.
    "The real struggle is about power." Yes, it probably is. And what is wrong with that? If I have to choose who gets the power, well, I'm sure you've heard this before, Power To The People!

    To postulate that negotiations went forward with teachers on the basis of "accept less in compensation in return for better pensions and healthcare benefits" is dishonest on its face. Negotiations went forward on the basis of "We'll scratch your back, if you scratch ours." And everybody scratched -- with taxpayer funds.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Wisconsin governor gives Democrats ultimatum

    Quote Originally Posted by Chappy View Post
    This is as good an explanation of what is happening in Wisconsin as any I've seen.
    The political theatrics concerning the collective bargaining issue notwithstanding, the structural imbalances in the pension and health systems are real. Both programs have to be restructured. Otherwise they are not financially viable.

    On the federal front, the same applies with regard to the major mandatory spending programs. Social Security is a relatively straightforward actuarial exercise. Medicare and Medicaid will also require fundamental health care reform that addresses the excessive cost growth problem. That will be far more complex.

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