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Kim O\x27Brien
Fox Business
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Comments by "Kim O\x27Brien" (@kimobrien.) on "California on the Brink of Pension Crisis and It's About to Get Bigger" video.
Since state employees are paid out of state funds no matter how you slice it tax dollars or government bonds pay for all state services including state pension funds. Economically it makes no sense to create huge trust funds except from the capitalist point of view. Instead of paying as you go which should be the way things are done huge trust funds were created first a reason to keep benefits low and now later on they were looted so the capitalists government or non government can cry poor and say theses funds will run out of money and so benefits must be cut. A pay as you go system is much more honest because than it is clear who is paying and who isn't and what should be paid out in benefits to those to old. disabled or unable to work for a legitimate reason. Instead we have a piecemeal system that represents when this or that group was included much like the chaotic health insurance system.
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The parasites receive checks in the mail called dividend payments. If we close foreign military bases, end the endless war, release nonviolent drug abusers, close prisons, reduce the militaries size, rebuild infrastructure and use the 23% unused industrial capacity than we are on the right track. Firing public librarians will just mean less access to knowledge to those who can't afford private education.
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