Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $18,900
23%  
Woo hoo!! And now only $540 to reach 24%!! Thank you all for your continued support!! God bless.

Keyword: breakinglaw

Brevity: Headers | « Text »
  • CA: Breaking the law for a bad cause (protecting cushy state pensions)

    10/15/2004 9:35:55 AM PDT · by NormsRevenge · 3 replies · 272+ views
    OC Register ^ | 10/15/04 | Harold Johnson - Attorney, Pacific Legal Foundation
    Was it Freud or Jung - or maybe Professor Irwin Corey ("the world's foremost authority") - who defined "insanity" as "trying the same thing over and over again and expecting different results"? This year's state budget includes a pension-funding scheme that's a clone of one that was ruled illegal just 12 months ago. The plan is to float up to $2 billion in bonds - without giving the electorate a say in the matter. Last year's formula for $2 billion in "pension obligation bonds" also cut voters out of the equation. It was struck down by a state Superior Court...