Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: LindyBill	3/17/2005 7:02:26 PM
	of 793757

If Arnold could take down the Teacher's Union in California, it would start a nationwide revolution. Jingle All The Way? Eduwonk Quite a fight brewing in CA...reports that the CTA plans to raise dues and take a mortgage out on their headquarters to build a $54 million war chest to take on the Governator. California Teachers Association's Proposed Dues Increase Would Raise More Than $54 Million to Fight Governor Schwarzenegger eiaonline.com Delegates to the California Teachers Association (CTA) State Council will vote next month on a proposal to increase dues by $180 per member over three years to fund the union's opposition to Gov. Arnold Schwarzenegger's education initiatives. At current membership levels, the increase would put more than $54 million in the union's campaign war chest, in addition to the approximately $11 million already available. Full-time teachers currently pay $533 per year to CTA, of which $36 goes into the union’s ballot initiative fund. CTA will also be seeking cash from the National Education Association, its parent affiliate, which has its own initiative fund for just such a purpose. Though the money will be extracted from teachers’ paychecks over the next three years, the union plans to use the dues increase from the second and third years, plus a mortgage on its Burlingame headquarters building, as collateral for a loan, so that the full $54 million will be available for this year's initiative campaign season. The dues increase from the next two years will then be used to pay down the debt. CTA officials are visiting local affiliates throughout the state to generate support for the unprecedented measure, warning teachers that the governor’s plan puts their careers and retirements at stake. The union also plans to postpone all projects that are not "absolutely necessary" and to cut its regular budget to free up even more staff and resources for the campaign. The 800 members of the CTA State Council will meet in Los Angeles the weekend of April 8-10 to vote on the proposal.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next