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CalPERS posts worst year since 2009, with slim returns
LA Times ^
| July 18, 2016
| James Koren
Posted on 07/18/2016 8:56:52 PM PDT by bkopto
click here to read article
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To: cgbg
For decades the taxpayers have been taxed into steep decline. Now you want them to pay more?
21
posted on
07/18/2016 11:14:14 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: dragnet2
Either ante up the taxes or cut the pension benefits immediately or eliminate the pension plan altogether.
Those are the three honest alternatives—and none of them will be chosen by the Moonbeam man.
22
posted on
07/18/2016 11:20:30 PM PDT
by
cgbg
(Epistemology is not a spectator sport.)
To: cgbg
I would radically cut the CA pensions and immediately start to abolish government unions at all levels.
23
posted on
07/18/2016 11:27:04 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: cgbg
By the way, the governor is mentally ill.
24
posted on
07/18/2016 11:28:00 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: cgbg
Btw, no one ever comes along and bails out the private sector. They’ve been beat like a drum for many years. They make bad choices or things go bad for them they have to deal with it and be smarter. They’ve taken hit long enough. It’s about time everyone else feel the pain.
25
posted on
07/18/2016 11:34:05 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: headstamp 2
I guess the windmill factories arent paying too well these days.
You'd think they could make it up in dead birds.
26
posted on
07/18/2016 11:52:33 PM PDT
by
867V309
(It's over. It's over now.)
To: bkopto
They know Uncle Sugar will bail them out.
27
posted on
07/19/2016 12:00:55 AM PDT
by
DesScorp
To: 2banana
“Dont worry - taxpayers will make up any shortfalls of the insane public union pensions...”
Yep, and the Courts have given Constitutional protections that the Pensions will continue unabated......suck it it up California tax payers, gulp I'm one of them.
28
posted on
07/19/2016 3:26:46 AM PDT
by
DAC21
To: Graybeard58
Indeed Low-return environment for seven years they need to look at other options stocks seem almost flat for that time.
29
posted on
07/19/2016 7:02:52 AM PDT
by
Vaduz
(women and children to be impacted the most.)
To: monkeyshine; TexasGator
OK, you two, stop with your PDS (Public Display of Sanity) - you are spoiling a perfectly good bashing party...
30
posted on
07/20/2016 1:54:20 AM PDT
by
CutePuppy
(If you don't ask the right questions you may not get the right answers)
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