LEFT-WING MEDIA ALERT "Another Davis Disaster! Calpers Turned Over to Politics"

This is about the third time I've posted this, but it's still appropriate:

Now those public employees out there should know why I call the Democrats The Slave Party. If the Party bigwigs want to raid their dependent public employees' pension funds in order to shell out political favors to wealthy donors in return for campaign money to stay in power, they just take the money. The workers won't let out a peep either and will keep right on voting Democrat because they all know who signs the checks. Besides, those eeevil Republicans would put them out on the street to get a REAL job where they'd have to work (or maybe something even worse). They know it will all go bust someday, but maybe after they get theirs. Meanwhile, they've got job security.

Pigs, all of them.

Here is a prayer from that great environmentalist piece, On the Loose

God secure me from security, now and forever, Amen.

The Clinton Legacy continues

Willie Brown is possibly the most corrupt politician in the history of the U.S. and could easily give lessons to Clinton. I think your term should be altered to "Democrat Legacy."

Brown is not only 100% corrupt but very smart. He is also the definition of "chutzpah." He knows absolutely no shame. That's why the notion of him in league with Gray Davis being in control of this huge CALPERS fund should strike sheer terror not only into the hearts of pensioners and investors but into those of anyone who understands the political uses of the power thus generated. If you want to give yourself a case of the shakes, think of the mischief those two, along with Terry McCauliffe, could cause.

Great insight on your reply and it is very appropriate.

I and a group of conservatives tried have a discussion on the raids of Calpers by Davis and other rats today after church with a guy a couple of years from retirement. His pension is locked in Calpers, and his retired mother's pension locked up in Calpers.

His eyes just glassed over and rolled upwards (my wife thought that I have driven him into seizure land). He refused to discuss it and tried to blame it all on the poor handling of the economy by you know who. I wished that I had a copy of your remarks just to have handed to him to make his day a little more miserable, er complete.

Your paragraph and words of wisdom again:

The Slave Party. If the Party bigwigs want to raid their dependent public employees' pension funds in order to shell out political favors to wealthy donors in return for campaign money to stay in power, they just take the money. The workers won't let out a peep either and will keep right on voting Democrat because they all know who signs the checks. Besides, those eeevil Republicans would put them out on the street to get a REAL job where they'd have to work (or maybe something even worse). They know it will all go bust someday, but maybe after they get theirs. Meanwhile, they've got job security.

For those of us who are in the Calpers system, this is an enormous turnaround. Calpers for years was one of the best performing pension funds. It regularly returned monies to local jurisdictions because the fund was performing well and, subsequently, the contributions (for their employees) from the local governments could be reduced.

California will be in big trouble if the pension fund becomes underfunded.

Of course the unions won't stop recommending Democrats for office....

It did great until it starting trying to implement social direction/changes with its investment policy or PC picking the companies instead of their bottom line.

Then the stuff that has happened since Davis was sworn in to start his looting, raping and granting political favors of the Cal Pers fund.

Good luck and start screaming for independent audits and getting the politics out of the investments.

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