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Study: Calif. pensions underfunded by $500 billion
AP via SFGate ^ | 4/5/10 | CATHY BUSSEWITZ, Associated Press Writer

Posted on 04/05/2010 6:25:43 PM PDT by SmithL

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To: SmithL

What I been saying? It’s not just California. The whole country is broke and we are in denial. Probably somewhere between 50-100 trillion. And getting worse.

parsy, who is unafraid to face the truth.


41 posted on 04/05/2010 8:23:55 PM PDT by parsifal (Abatis: Rubbish in front of a fort, to prevent the rubbish outside from molesting the rubbish inside)
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To: SmithL
Study: Calif. GOVERNMENT pensions underfunded by $500 billion...

Fixed the headline.

42 posted on 04/05/2010 8:54:03 PM PDT by gogeo ("Every one has a right to be an idiot. He abuses the privilege!" Groucho Marx)
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To: SmithL

I hear there is still gold in the Sierras and oil offshore.. just whispering to be found and freed.


43 posted on 04/05/2010 9:33:32 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: SmithL

Good, so let’s not fund them.


44 posted on 04/06/2010 12:28:36 AM PDT by bayareablues
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To: cherry

That’s how the Mafia started - the serfs had no where else to turn and they rebelled (killed) against whatever ‘king’ they were under.

You’re right - what’s the alternative?


45 posted on 04/06/2010 8:24:55 AM PDT by GOPsterinMA (Welcome to the wonderful world of StupaKare!)
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