Explaining Walker’s Disappearance

CNN’s post-debate poll nonplussed Jake Tapper especially in regards to Scott Walker’s new standing:
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Though it was Jake Tapper and his co-questioners who are primarily responsible for Walker’s disappearance as they have also disappeared his issues.

The Iran nuclear deal, ISIS and/or ISIL, and Planned Parenthood funding might be important.  I don’t know.  I haven’t put a lot of thought or effort into them but, from what I have heard, neither have the Republican candidates who seem to be parroting the views of potential donor(s) while the media, hungry for the coming campaign-ad revenue, provide the forum.

The collapse of the public pension system, politicians beholden to their patrons, and unrestrained debt are all critical issues that impact me (and I suspect 99% of the rest of the electorate whether they know it or not) far more but they are of secondary interest to Sheldon Adelson and the system he and his friends fuel so they get marginalized……along with Scott Walker.

48 responses to this post.

  1. Posted by Anonymous on September 20, 2015 at 12:12 pm

    Walker should go back to where he came from or deserves to be oblivion. His damage to the discourse on public pension funds is only a minor reason for his electability failure.

    Reply

    • Posted by Tough Love on September 20, 2015 at 4:25 pm

      Damage? …….

      The WISDOM of his position will become more and more apparent as Public Sector pension & Benefit Plans strart falling like dominoes over the next decade.

      Reply

      • Posted by Anonymous on September 20, 2015 at 8:18 pm

        “Americans have saved nothing for retirement. What’s worse, 26 percent of Americans ages 50 to 54 and 14 percent age 65 and older have no nest egg.”

        TLs vision of retirement coming true. The Washington Post has the solution- http://www.washingtonpost.com/business/get-there/what-to-do-if-youre-50-and-havent-saved-for-retirement/2015/09/18/d78dc196-5b19-11e5-9757-e49273f05f65_story.html

        Reply

        • Posted by PatB on September 20, 2015 at 8:52 pm

          My post above.

          Reply

        • Posted by Tough Love on September 21, 2015 at 12:47 pm

          The POINT is that the “have-nots” are paying for the “haves” retirements.

          Reply

          • Posted by Anonymous on September 21, 2015 at 12:51 pm

            For some sure but not others and certainly not you and yours, just another point!!!

          • Posted by Tough Love on September 21, 2015 at 1:07 pm

            Anon, It’s true for EVERYONE who pays taxes, an inordinate amount of which goes to fund the Pubic Sector’s grossly excessive pensions & benefits.

          • Posted by Anonymous on September 21, 2015 at 2:29 pm

            True but the economic impact varies greatly depending on your position in financial food chain. I suspect your somewhere closer to the top not acrumb feeder???

          • Posted by Tough Love on September 21, 2015 at 3:16 pm

            True …”but”?

            No “buts”, those grossly excessive pensions and benefits need to end, and for the future service of all CURRENT workers.

          • Posted by Anonymous on September 21, 2015 at 3:30 pm

            Ah nice side step, trickle down proponent!!!

          • Posted by S Moderation Douglas on September 21, 2015 at 3:33 pm

            You mean the alleged grossly excessive pensions and benefits for the janitors and secretaries, of course. Not for the lawyers, doctors, managers,….and lawyers; who are demonstrably underpaid.

          • Posted by Tough Love on September 21, 2015 at 5:08 pm

            S Moderation Douglas, As I have stated to you multiple times before ….

            ————————————-

            Good, that’s appropriate….the Taxpayers are fed-up with being the sucker in the equation.

            A lower-paid worker with a pension worth 750K upon retirement is the SAME as $750K in cash cash in the bank. If they’re overpaid, either reduced the pensions AND retiree healthcare benefits to a level no greater than the comparable lower-paid Private Sector (most certainly with little or no pension/benefits at all), and if not, then reduce the salary equivalently.

          • Posted by Tough Love on September 21, 2015 at 5:12 pm

            And P.S. S Moderation Douglas,

            The MOST over-compensated in NJ are VERY CLEARLY (NOT he janitors and low level clerks) but Police Officers and Paid Firemen, with after just 5 years of service, a compensation package (wages + pensions + benefits) TYPICALLY worth over $200K annually.

            Patently absurd.

          • Posted by S Moderation Douglas on September 21, 2015 at 6:28 pm

            In your opinion.

          • Posted by PatB on September 22, 2015 at 11:19 am

            Almost my point. The corporate “haves” destroyed pensions and pocketed the savings, leaving the “have nots” to pay for the failed plans.

          • Posted by Tough Love on September 22, 2015 at 11:49 am

            Anom, Interesting twist on reality ………..

            With growing life expectancy and far lower Bonds yields (as part of a balanced portfolio including equities and real estate) than in the past, DB Plans with formulas common in past PRIVATE Sector Plans (which even for the BEST Plans were never as rich as PUBLIC Sector DB Plans) are simply too costly. That and the shortening of the periods worked in one company made the switch to 401K Plans and Cash Balance Plans logical.

            Traditional (Final Average Salary) DB Plans in the PUBLIC Sector, being MUCH MUCH richer (typically 3x-4x greater in value at retirement) than the few remaining such Plans in the Private Sector are even MORE costly and less affordable. Public Sector workers with such Plans are the new royalty (the “haves”) and with Taxpayers responsible for funding 80-90% of the total cost of these Plans (together with NOT getting these rich Plans themselves) are the “have-nots”.

          • Posted by Anonymous on September 22, 2015 at 4:42 pm

            Pat B & TL perfect together???

          • Posted by PatB on September 22, 2015 at 8:36 pm

            Hmmm… Interesting thought. They say opposites attract, in which case she would have many suiters here. S Mod or BH could be soul mates…

    • Posted by Anonymous on September 20, 2015 at 7:52 pm

      Regardless of his record with public sector unions- or anyone- no talking head “journalist” should have the power to decide for the voters which ideas or who’s vision should be aired. Walker was permitted to speak less than a third of the time given to Bush, Trump, or Fiorina. Allowing newscasters to shape the narrative hurts everyone.

      Reply

    • More like the intercourse on public pensions, as before Walker the taxpayers were being SCREWED

      Reply

  2. Posted by Anonymous on September 20, 2015 at 7:10 pm

    WALKER for head of the Sewage Authority, lots of experience with CRAP!!!

    Reply

  3. Posted by S Moderation Douglas on September 21, 2015 at 2:51 pm

    Sounds like a cop out to me.

    If Walkers is so vulnerable, or insubstantial, that he can be nullified by a talking head (whom I have never heard of), he never should have been on the stage in the first place.

    Reply

  4. Posted by S Moderation Douglas on September 21, 2015 at 3:13 pm

    This guy would never be a wallflower, for  Jake Tapper or anyone else:

    “I wouldn’t switch my position with anybody,’’ he said. “But everyone knows that if I was American-born I would probably run for president. I could do a better job than these guys can, trust me.”

    Reply

  5. Posted by Porgie on September 21, 2015 at 6:45 pm

    Let’s be real. How can you look at Walker and not ask yourself “this weener is going to be our president.” Christie is next. These clowns compare themselves to Reagan. Looks matter. Attitude and presentation matter. Sorry for the sixty second reality check.

    Reply

  6. Posted by Anonymous on September 21, 2015 at 9:36 pm

    Awwwwww maybe next time Scott just keep on Walk(er)ing!!! Krispy Kreme jelly explosion not far behind, awwwwww!!!

    Reply

    • Posted by Tough Love on September 21, 2015 at 9:47 pm

      Yup, I expect Christie to drop out quite soon.

      Maybe he’ll re-focus on FREEZING NJ’s DB pension Plans, and materially reducing the current “Platinum+” healthcare coverage ….. as recommended by the NJ pension Commission.

      Reply

      • Posted by Anonymous on September 21, 2015 at 10:14 pm

        Oh sure the Dems will be lining up with him, only way it happens is if Big Boy turns and walks away. Not likely anything will happen before November elections. The results of which will be a voter lithmus test for P&B reform and the tax increase debate.

        Reply

        • Posted by Tough Love on September 22, 2015 at 12:14 am

          The fialure of NJ’s Plans is now irreversible.

          I suggest that you develop a Plan “B” for your retirement (INCLUDING retiree Medical Care).

          Reply

      • Posted by Anonymous on September 21, 2015 at 10:17 pm

        Forgot to mention, our Gov’s not just bruised and battered he’s ruined. Guess it’s like the old sports cliche, there’s always next time. Except next time never comes.

        Reply

      • As Gov. Scott Walker leaves this race,” American Federation of Teachers President Randi Weingarten said Monday, “this is much clear: You can’t build a campaign by tearing working people down and attacking their aspirations for a better life. Real change starts with bringing people together to find common ground and boost everyone’s American Dream, not to ‘divide and conquer’ or make a reputation by stripping workers’ rights, as Walker so often boasted.”
        But Walker was never able to gain traction with his anti-union message in the pre-primary contest for the White House — in part, possibly, because unions have been gaining greater public approval in recent years, even among Republicans. Since 2009, Gallup found, union approval has risen from 48 percent to 58 percent for all voters, and from 29 percent to 42 percent for Republican voters.

        This will be Christies fate..so enjoy it while it lasts TL!!!
        Lolololololololololoo!!!!!! Hahahahahaha

        Reply

        • Posted by Tough Love on September 22, 2015 at 11:55 am

          The odds of Christie remaining in this race much longer are about equal to NJ’s pensions/benefits surviving w/o material reductions for 3 (maybe 5) years.

          Reply

  7. Posted by Tough love for tough love on September 21, 2015 at 10:13 pm

    Hah hah hah hah hah haaaaa
    Walker for president indeed TL! Took it up the tough love on that one!
    Barren is truly indeed where TLs comments spring from. A rush to the bottom for us all where we should be honored to pay for the privledge of working for fine employers like TL. Serfs. As a private worker still reading your same tired comments…the ones where this is all a race to the bottom where self employed persons like yourself, who write off air at our expense certainly deserve a fair share of taxes, just like all of us. DRINK UP on that Cola, coming to a store near you.
    Cheers as always TL!

    Reply

    • Posted by Tough Love on September 22, 2015 at 12:12 am

      Private Sector my foot …. unless your spouse or kids are (or were) PUBLIC Sector workers riding the Public Sector pension/Benefit gravy train.

      Reply

  8. Posted by Anonymous on September 22, 2015 at 7:26 am

    Breaking news, TL announces handle name change to Tough Luck!!!

    Reply

  9. Posted by Anonymous on September 22, 2015 at 5:54 pm

    If you talk to much I’ll tax your breath, if you no g to much I’ll tax your text – cause I’m the TaxMan, yeah I’m the TaxMan. P&B reform as inevitable as a tax increase, shared pain for shared gain – it’s the American way!

    Reply

  10. Posted by Anonymous on September 24, 2015 at 7:28 am

    Retirement wasn’t meant to be a 30 year paid vacation on someone else’s dime. Bib part of the reason that pensions are NOT sustainable any more than SS is sustainable. With longer life expectancy and more expensive health care, no one should be retiring at 55 or 58 other than the hard core cops from the war torn cities like Camden and Newark. Even then they should be working a desk job for another 8-10 years. No pension payment until age 67. Maybe this pension system worked 40-50 years ago but not no longer……..and they wonder why it is going bust

    Reply

    • Posted by Tough Love on September 24, 2015 at 12:37 pm

      Well said !

      The correct actuarial reduction for EACH year of age that you start collecting a pension before your Normal Retirement age (NRA, the age at which a full/unreduced pension can fist be collected) is about 5%. Social Security uses 6% with an NRA of 66-67 depending on DOB.

      I’d be generous, and let Police Officers start collecting at age 65 without any reduction in payout. Today, many Police Officers begin collecting a full/unreduced pension BEFORE age 55. This one single element of their pension structure DOUBLES the value (and hence COST to taxpayers) of Police pensions. Add in Police pension formulas often twice as rich as those of even the BETTER Private Sector DB Pension Plans (almost all of which have already been “frozen” and replaced with FAR less generous/costly 401K Plans), and COLA increases (now suspended in NJ), and it’s easy to see my often put forth assertion that Police pension are ROUTINELY 4x-6x greater in value upon retirement than those of Private sector workers retiring at the SAME pay, with the SAME years of service, and the SAME age at retirement.

      It’s WAY past time to end (for the future service of all CURRENT workers) this decades-long financial “mugging” of Private Sector Taxpayers.

      Reply

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