Wisconsin Taxpayers Actually Contribute Nothing To Public Employee Pensions

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Defend Wisconsin reminds us of this article published in Forbes.  A year ago.

Gov. Scott Walker says he wants state workers covered by collective bargaining agreements to “contribute more” to their pension and health insurance plans. Accepting Gov. Walker’ s assertions as fact, and failing to check, creates the impression that somehow the workers are getting something extra, a gift from taxpayers. They are not. Out of every dollar that funds Wisconsin’ s pension and health insurance plans for state workers, 100 cents comes from the state workers.

How can this be possible?

Simple. The pension plan is the direct result of deferred compensation- money that employees would have been paid as cash salary but choose, instead, to have placed in the state operated pension fund where the money can be professionally invested (at a lower cost of management) for the future.

The Wisconsin Lie Exposed – Taxpayers Actually Contribute Nothing To Public Employee Pensions

Broadband vs. Internet

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The Internet is no more capable than the infrastructures that carry it. Here in the U.S. most of the infrastructures that carry the Internet are owned by telephone and cable companies. Those companies are not only in a position to limit use of the Internet for purposes other than those they favor, but to reduce the Net itself to something less, called “broadband.”

via Doc Searls Weblog · Broadband vs. Internet.

I’m kicking around the idea of building an online “course” of sorts to help people understand how the Internet works.