Posted on 02/13/2017 6:29:02 PM PST by artichokegrower
Ah, the benefits of premeditated, sustained delusion. They stand in the toilet with the consequences of their decisions surrounding them, and cheer madly as pull they the handle and spiral downwards.
The CalPERS cow has mastitis.
Fools let their politics out run their brains.
“Ah, the benefits of premeditated, sustained delusion.”
I continue to marvel at how they can keep kicking that bent, tattered can down the road. The end wall can’t be far off now. The worrisome thing for us is being retired and having most of our “wealth” in CA real estate. I would consider moving, but my wife won’t leave the good weather, and all of our extended family is here close by.
ROTFLMAO!!! Soros shorted the market and lost just about as much. Betting one’s bigotry doesn’t always work.
I do feel sorry for you. I doubt there are many people in Texas who want to do 1031 exchanges for property in California. It would be nice though to own in Texas and rent in California.
If the state of California raises taxes to try and cover this $1 Trillion unfunded liability gap, will that force more people to get up and out of the state, thus weakening its income tax and business base?
If so, then California would have shot themselves in the other foot or a little higher, which, to me, is a good thing.
Way to go, Sac of BS. The CalPERS CIO makes the wrong bet on the election and lost the opportunity to make near $1B, but the stock market didn’t clutch its pearls and crash with Trump, and YOU act like it’s all Trump’s fault.
The mafia would kill its financial wiseguy for stuff like that.
bias gets in way of wallet
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