Comments on: Officials Hid Size Of Pension Crisis https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/ Sat, 30 Mar 2013 14:32:02 +0000 hourly 1 By: eatingdogfood https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2433 Sat, 30 Mar 2013 14:32:02 +0000 http://www.calwatchdog.com/?p=9069#comment-2433 Blame The Unions And The DemoRats !!!

]]> By: eatingdogfood https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2432 Sat, 30 Mar 2013 14:30:57 +0000 http://www.calwatchdog.com/?p=9069#comment-2432 It’s Over Folks; Really Over !!!

]]> By: CA Taxpayers owe $2.5 Trillion – To Public Sector Pensions | Clarion Advisory https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2431 Sun, 26 Sep 2010 15:54:47 +0000 http://www.calwatchdog.com/?p=9069#comment-2431 […] Roberts, writing at CalWatchdog, reports on the true scope of the financial disaster awaiting California’s taxpayers. …the amount that taxpayers owe to provide pensions for local and state government employees […]

]]> By: goinggalt https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2430 Sun, 26 Sep 2010 14:10:54 +0000 http://www.calwatchdog.com/?p=9069#comment-2430 It all comes down to the math. The country is broke. The only way all these public pensions will be funded is if the taxpayer pays for it. As a taxpayer I can tell you I’m not paying for it.

]]> By: Tough Love https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2429 Sun, 26 Sep 2010 02:38:23 +0000 http://www.calwatchdog.com/?p=9069#comment-2429 SkipingDog … I believe I contribute legitimate facts (as well as my opinion) to a very important and problematic national concern.

What do you contribute except continued efforts to protect your “turf”?

]]> By: SkippingDog https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2428 Fri, 24 Sep 2010 19:21:02 +0000 http://www.calwatchdog.com/?p=9069#comment-2428 Tough Love lives in New Jersey. He’s all over the boards there with his slobbering man-crush on the Gov. He just doesn’t have anything better to do than give his 2-cents everywhere he can.

]]> By: SeeSaw https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2427 Fri, 24 Sep 2010 18:49:29 +0000 http://www.calwatchdog.com/?p=9069#comment-2427 Tl: I suppose the word should have been “comparing” rather than blending. If you go trying to compare private and public sector workers with advanced educational degrees, such as doctors, engineers, etc., you will get a shock when the results come in. The public and private sector workers do not want to keep sniping at each other. They just want to get on with it–they can choose where they want to apply for work.

]]> By: Tough Love https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2426 Fri, 24 Sep 2010 13:54:41 +0000 http://www.calwatchdog.com/?p=9069#comment-2426 Hi Seesaw …. nice to hear from you again (really). At least you’re not freaky like bobpn ….

Just to clarify, I have never called “for a blending of the public and private sector salary schedules and pension plans.” … not sure where you came to that conclusion.

What I advocate for is (in comparable jobs … and I know defining such is not always easy), to have comparable TOTAL COMPENSATION (pay + pensions + benefits) in the Public & Private Sectors. This seems a very “fair” societal goal to me, and today, due to relatively equal “cash pay” but much much much higher pensions & benefits in the Public sector, the Public sector has a big unfair advantage.

]]> By: SeeSaw https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2425 Fri, 24 Sep 2010 06:02:29 +0000 http://www.calwatchdog.com/?p=9069#comment-2425 TL is the only commenter I have seen call for a blending of the public and private sector salary schedules and pension plans. I don’t think there is any plan to even consider doing that. It would be trying to compare apples with oranges, as I have stated as many times as TL rants the opposite. The DB pension plans have been operating in CA for 97 years. The private sector pulled out of the DB business of their own accord, and they can get back in the same way.

My spouse has his blue collar DB plan frozen in 1986, because the developers and builders decided they did not need to deal with the union any longer, since they could hire the illegals for a fraction of the cost. This would not have happened, if the private sector had kept the same policy with illegals as the public sector. You will not find any illegals working in the public sector.

My CalPERS check flows into my bank account on time every month, and I have not heard anything from them, to the affect that they will have to stop paying me soon. The portfolio stands at 212 billion today, so I’m not too worried. In the meantime, I will rely on them to let me know what is happening. Their crystal ball is probably better than Fake’s.

As far as IOU’s go: The Legislature needs to get in gear soon, because it is not fair for vendors not to be paid, and they will soon have to be paid with IOU’s. The State workers will not be paid with IOU’s, because the law requires that they be paid with real money.

]]> By: boprn https://calwatchdog.com/2010/09/22/officials-hid-size-of-pension-crisis/#comment-2424 Fri, 24 Sep 2010 04:40:50 +0000 http://www.calwatchdog.com/?p=9069#comment-2424 Don’t give up so easy. I don’t want to defeat you, but to go on hurting you.

Don’t yell KAAAAHN so quickly.

On the 1 1/2 year supply – if you are ready to get prepared, check out
wisefoodstorage com

On the $$ side, but worth it. Its not ‘redneck/skinhead’ to have your family prepared in case of national emergency, war, economic breakdown. It is the smart thing to do, and most of the people I work with have done the same. Of course they are all a bunch of govt types, nowhere near as smart as them there privatized types….

KAAAAAAAAAAAAAAAAAAAHN

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