What? Everybody gets to retire right now?
I could go for that.
So the politicians can steal from it!
I want a unicorn that craps skittles too...
Grab the cash from solvent private plans.
What a great idea! Kind of like SS, what an awesome program that has turned out to be! Plus, they can start withholding taxes from everyone to pay for it and put the excess reserves in a lock box so no one from government can ever misuse the funds!
This sounds great!
schu
At this rate it won’t be a problem as there won’ t be any private employers left in California.
FDR did that and it's going bust.
How about , and I'm just spitballing here, if I take my own $$$ and put it into an account that only I can access. Here's the fun part: What if every cent I put into this account was put in before taxes, and it grew interest, tax free.
hmmmmm could something like that work??? NAAAAAH!!!!
Awesome idea. I keep hearing that Ca. has so much surplus money floating around they can’t find enough uses for it. I guess theis will help with that little problem.
This program is going to be administered by the same politicians who have bankrupted the Golden State? What could go wrong? Is the state going to confiscate 401 (k) plan monies or IRA;s to lard-up their coffers? What about the unfunded public employees? Are they going to steal the private sector money to fund the insolvent plans? Just asking.
I LOVE this plan!!!!!
Progressives all believe that they have outgrown the superstition of belief in a higher power.
But they haven’t.
They believe in the Money Faerie!
Code for; "Additional slush fund for pet democRAT projects".
Just another reason why CAlifornia has gone down the toilet.....
I am sorry that the rest of the country will be called on to bail out this pathetic dregs of humanity
sounds like another government ponzi scheme to take money from the citizens so politicians can then scam the pot
Here it comes; sniffing around private retirements to pilfer. Maybe the collapse is truly closer than I thought..
We have a public sector pension disaster in the states right now.
They just want something like this so the state can steal from it to support the public sector pensions.
the only problem is sooner or later they will stop he pension and you will either end ip a slave or dead.
retirement benefits I assume will continue to cover care for surviving pets. This benefits the whole community who won’t have to shoulder the costs of caring for homeless pets. In the long run the state will save bundles of money. A fraction of the profits from high speed rail should more than cover this program.
She’s mentally retarded and doesn’t understand the first thing about economics. It’s pathetic that people even listen to what she has to say.