John Bos: First ones to the lifeboats are......

From John Bos, September 16, 2009

Subject: Timmy, OEA, and STRS

Let me see if I understand this web of intelligent discussion:

Timmy wants to pay the Investment Staff, even if we do not have the money.

OEA wants to keep all benefits high, even if we do not have the money.

OEA does not want actives to pay more money into the retirement system.

The retirees don't want the COLA reduced.

The legislature tells STRS to clean up their mess.

The ORSC wants to slaughter the elephant -- even if it slaughters the retirees. (Elephant is medical coverage.)

The Senior Leadership at STRS wants to keep the STRS staff happy.

Laura still tells us that "everything is beautiful."

We, the retirees, are trying to survive by living longer than our savings and pensions.

It seems to be that the retirees are the big losers.

Perhaps when Timmy talks football, the retirees are like the 9th grade practice team: cannon fodder.

The rich are getting richer, the poor are not going to live a long and healthy life, and OEA is most interested in their survival.

And Bill (the mouth of OEA) Leibensperger wants more time to study the problem.

The Titanic (STRS) is sinking. the retirees are on the lowest spot of the deck, Timmy wants to play football, and Bill is in the bridge looking for a route around new icebergs, and Laura is directing the band playing "Happy Days are Here Again", Mike Nehf is in the communications room talking to the bridge and the band. (No speakers to the retirees on the deck). Oh, I forgot, the legislature has TOTAL CONTROL of the lifeboats and are researching if there is any fuel available for a rescue. Want to bet who will be the first in the boats -- THE CREW!!!

JB