…and that’s why our kids test so badly, I just shake my head. How much do they want? Really?
And ask them – where are the better results for that larger amount of money? You are supposed to be providing a service – educating our children. It is obvious that the service is lacking – but costing us more.
So, why should we give you more? We should be giving you less until we see positive trending results – without the excuses. We are #2 in expenditures – certainly not #2 in results…
(H/T: Big Government)
Think I’m kidding – it is behavior like this that does NOTHING to educate – merely line the pockets of the Robber Barons of Public Education:
Three dozen of the University of California’s highest-paid executives are threatening to sue unless UC agrees to spend tens of millions of dollars to dramatically increase retirement benefits for employees earning more than $245,000.
"We believe it is the University’s legal, moral and ethical obligation" to increase the benefits, the executives wrote the Board of Regents in a Dec. 9 letter and position paper obtained by The Chronicle.
"Failure to do so will likely result in a costly and unsuccessful legal confrontation," they wrote, using capital letters to emphasize that they were writing "URGENTLY."
Their demand comes as UC is trying to eliminate a vast, $21.6 billion unfunded pension obligation by reducing benefits for future employees, raising the retirement age, requiring employees to pay more into UC’s pension fund and boosting tuition.
The fatter executive retirement benefits the employees are seeking would add $5.5 million a year to the pension liability, UC has estimated, plus $51 million more to make the changes retroactive to 2007, as the executives are demanding.
The executives fashioned their demand as a direct challenge to UC President Mark Yudof, who opposes the increase.
"Forcing resolution in the courts will put 200 of the University’s most senior, most visible current and former executives and faculty leaders in public contention with the President and the Board," they wrote.
And we in the private sector keep hearing that there must be "shared sacrifice" and "shared responsibility".
The only sacrifice I keep seeing is us on their altar…and wallets.
