O, Sweet Saint Of San Andreas

Via email;

My wife is a school teacher in the Oakland School District – OUSD. Yes, she deserves combat pay … and suffers from PTSD every day after work. In today’s email inbox comes a note from the CTA (California Teachers Association – UNION) an URGENT need to Survey Teachers opinions on “sustainability” as drafted by the STRS State Teachers Retirement System.

http://www.calstrs.com/whats-new/your-input-valuable-please-complete-calstrs-sustainability-survey

Seems as though STRS wants … i-n-p-u-t … on “sustainability” issues from Teachers. More specifically, should STRS PLAY with Teachers Retirement Funds in assorted “Green” Schemes (excuse me … I meant “Green” corporations) ? Since CALSTRS is underfunded by approximately $ 40 BILLION dollars at the moment … the geniuses who are running the system (my wife’s retirement checks) into a ditch … can’t think of anything better to do than GAMBLE on … “ethical” … investments that protect gaia. Don’t ask me WHY the Investment “experts” … PAID massive salaries to MAXIMIZE (I hope) the rate of return on Teachers retirement funds … need the advice of a bunch of leftist Teachers (most of them are) on suitable investments. I suppose the survey results will provide political cover for these MORONS when their investments turn into a thousand Solyndra’s. In fact, I suggest that since the Solyndra debacle raised public awareness about Federal Funding of JUNK Green companies, that the leftists in government have found a NEW source of funding for their pet green projects … PENSION FUNDS!!
Yes … lets swindle Teachers out of their retirement pay (ultimately, the CA Taxpayers who will FUND the shortfalls) to keep lining the pockets of our crony greenist-capitalists. I think I’m going to be ILL.

Enjoy your survey, CALSTRS members!

13 Replies to “O, Sweet Saint Of San Andreas”

  1. It’s also a perverse way of imposing discipline on the rank and file. The BBC pension fund has been heavily invested in AGW companies for quite some time. (eg. this report from 3 years ago:)
    http://www.express.co.uk/news/uk/156703/8bn-BBC-eco-bias
    A reporter is not going to report anything contrary to AGW if his/her pension might suffer. A teacher is not going to teach anything contrary to AGW if his/her pension might suffer.

  2. “Gamble”? is hardly the right word. It might take a Herculean effort, but my bet is that it is a payback scheme. Why is it that so many entities whose ideas revolved around “green” ideas have lost money hand over fist? Whoever is advising this investment may be in bed with one or more companies that would benefit, short term of course, from OPM and still fail while the execs bail out with another nest egg. I find it incredulous that any adviser would even entertain that kind of get rich scheme. They would be better off buying lottery tickets for $1 and selling them on the street for $0.50; at least they would even have a return once the dust settles.

  3. The questions are, in large part, idiotic, but then one must consider the source. The main problem is that for many of the questions either end of the spectrum of answers can be interpreted as for whatever moronic policies they come up with, for example:
    Please rate your level of concern for the impact that diversity and inclusion has on CalSTRS ability to meet its mission.
    If one indicates that this is no concern, it could mean that the individual is not concerned that the policies will lead to ruin, if one answers that it is an extremely high concern, that could mean that the individual greatly wants CalSTRS to implement the policy, rather than that person is concerned that the policy will lead to ruin.
    I suppose nothing better could be expected from moonbats concerned with “carbon risk strategy.”

  4. It would only be right and just for teachers to put ALL their pension money into “green investments” like wind and solar. After all, they’ve been filling children’s heads with this B.S. for the last 30 years. Let them “be” one last lesson to the children. Not just for the zealot teachers but also for the ones that stood by and let themselves be manipulated by the propaganda of glowball warming, that they happily passed on to the children. It would be a beautiful thing to watch all their pension go down the green toilet of liberalism, every bit of it.

  5. Don’t throw all teachers into the snake pit Carl. I taught for over 30 years and never once taught or promoted the ‘B.S.’, and on my staff were a majority of teachers who were motivated more by common sense then propoganda. I do agree with you that like many public institutions education is promoting left wing agendas but when even conservative idols like Preston Manning can be bought off is anyone safe from this cancer.

  6. robw, perhaps the teachers are give a choice of boxes to check. 1) Put me into green investments. 2) Keep me out of green investments. Let the “believers” invest in propellers and panels.

  7. This is the tip of the iceberg. In Arizona the solar green sleaze are imbedded into the Education funding of facilities. The worthless scum are selling their crap to school boards, which is funded by unaware taxpayers.
    Anyplace you have taxpayer funding you will find the Cockroaches.

  8. Interesting thing, though somewhat disturbing, that Preston Manning sudden Progressive conversion to all things Suzuki/Gore.
    The timing is the story here IMO, so I guess Conservative minds will just have to break out the popcorn & beer and watch this one play out.
    Hmmm, I wonder who the Faustian persuader was who promised Preston the 72 virgins?

  9. I’m a half-Canuck resident of the Golden State. Years ago, there was an effort in the state legislature to take the state pensions funds and invest them in public housing. Can you imagine? An “investment” guaranteed to have a negative return! In California, by law the taxpayers have to make any shortages in the pension fund and guarantee full payment of pensions to public employees. This gives the moronic social engineers a giant slush fund of free (to them!) money. Somehow, cooler heads were able to beat back this proposal at the time. But the Left is relentless. They will never quit trying to steal the money.

  10. Whenever a leftist/greenie taks about “morality” or “justice” put one hand on your wallet because that’s what they’re reaching for. The e-mail nails it — this is a method whereby lefties can swindle the taxpayer via the pension funds twice over, first the pension fund “investment” (what a joke) in a smoke and mirrors scheme, backed up by the taxpayer who has to make up the inevitable shortfall when the thing goes bust, plus the subsidies, also from the taxpayer, to prop up the illusion long enough to abscond with the big fat executive salaries they pay themselves in exchange for absolutely nothing, or even worse, a big derelict tower blighting the landscape which has to be cleaned up, again, by the taxpayer.

Navigation