No federal bailouts. The libs in Cal. brought this upon themselves, and they need to figure a way out. They can do it!
The CalPERS cow has mastitis.
I used to work for a PEU in CA and attended some meetings with CALPERS. They bragged that they don’t have to worry about business profits, because they can always force taxpayers to fund them, and if nothing else, the Federal government would bail them out. Disgusting!