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Pension Tsunami (overview of the multiple pension crises)
California Public Policy Center ^ | ongoing

Posted on 04/29/2012 6:32:36 PM PDT by Lorianne

The oncoming wave of pension debt is even bigger than it seems. The purpose of this website is to provide an overview of the multiple pension crises that are about to drown America's taxpayers. Our primary focus is on California, but we also track other states, corporate pensions, social security and international trends. PensionTsunami.com is a project of the California Public Policy Center.


TOPICS: Business/Economy; Government; US: California
KEYWORDS: california; pensiondebt; pensions
Daily headlines on the public pension front show trends in public pensions being in trouble (CA and other states)
1 posted on 04/29/2012 6:32:38 PM PDT by Lorianne
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To: Lorianne

If it is between Obama’s union thugs or Romney’s merger and acquisition pension pirate raiders which should one choose?

I vote none of the above. I don’t want to vote for someone who is essentially a crook using government or corporate power to steal money out of my wallet. Send me to the cattle cars if they must, but I will not kneel to evil.


2 posted on 04/29/2012 6:42:19 PM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: Lorianne

Let the sucker taxpayers roll over and fork it over to the government parasites, if that’s what they want to do.
As for me, I’m hunkered down with guns, ammo, gold, big dogs, and acres of fertile land. Try and take it.
Screw everybody.


3 posted on 04/29/2012 6:49:39 PM PDT by Lancey Howard
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To: Lorianne
Good site. Thanks for posting, Lorianne. Lots of interesting links/articles on pensions socialism.
4 posted on 04/29/2012 6:56:37 PM PDT by PGalt
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To: Lancey Howard

Well-stated, Lancey Howard. The parasites/socialists have just about killed the republic.


5 posted on 04/29/2012 6:59:49 PM PDT by PGalt
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To: Lorianne

Bump


6 posted on 04/29/2012 7:56:30 PM PDT by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: Lorianne

They told us the pension system is not a problem in California. You mean it is?


7 posted on 04/29/2012 8:47:33 PM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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To: Lorianne

Judges will order the state, counties and cities to sell off all of their buildings and public lands to Walmart, etc. The judges have their own pensions to worry about.


8 posted on 04/29/2012 9:18:12 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: Lorianne

It is criminal and extremely selfish what these unions and employees have done with our taxpayer money! How dare they.


9 posted on 04/29/2012 9:28:53 PM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo with laughter")
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To: Lancey Howard

I see you are trained and should be qualified but like all others, you have to sleep sometime.

I wish you the best of success.


10 posted on 04/29/2012 10:00:48 PM PDT by Sequoyah101
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To: Sequoyah101
you have to sleep sometime.

That's where Rottweilers come in handy.

11 posted on 04/29/2012 10:07:02 PM PDT by Lancey Howard
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To: Lancey Howard; Sequoyah101

Yep. Hardware and software motion detection with audible alarms, lights, cameras, zone board, etc., are also helpful. With enough study and tinkering, costs aren’t high at all (free software, etc.). Good fencing and other building considerations are also important. Sleep is easy.

Government employees laid off due to lack of revenues (due, in turn, to lack of manufacturing they’ve essentially outlawed) won’t go “marauding” as organized gangs beyond maybe a few short rashes of incidents near cities. They’ll simply have to learn to starve in their proper places in the third world environment they’ve created with too many regulations.


12 posted on 04/29/2012 11:22:07 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: fabian

You forgot the Politicians


13 posted on 04/30/2012 3:39:10 AM PDT by ballplayer
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To: familyop

Let’s hope it turns out that way if it all happens. I would rather it didn’t happen but think it is necessary. I don’t think the change that is necessary will take place without this.


14 posted on 04/30/2012 6:45:55 AM PDT by Sequoyah101
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To: Sequoyah101

Poor folks who can’t get fuel tend to lack mobility. IMO, there’ll be a whole lot of high powered rifles for sale real cheap before long. If I were a city dweller, I’d have stuck to plans that were more practical and realistic than what we’re seeing talked about on the Net. Whole lot of folks out there reveling in their adventure-itis and spending too much on useless things (like expensive tourists’ toys).

Third world countries aren’t so much full of daily, movie-like violence, adventure and violence in each locale. They’re more full of squalor, monotony and hopelessness for lack of our previous American ingenuity.

People need to be learning to make a few useful things. Hobby production shops would be the way to tomorrow’s wealth. Finding and making deals for garden spots on the edges of towns wouldn’t be a bad idea, either.

Break’s over here, and it’s time for me to get back out to my adventure: hard labor, boring, the way I like it, so that future winters here won’t be too adventurous (~ -35 F, 100 mph+ winds).


15 posted on 04/30/2012 1:53:43 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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