California #1 In Total Financial Debt...

California #1 In Total Financial Debt In America

Posted in the Fairfield Forum


Vallejo, CA

#1 Oct 24, 2011
US States Are Facing Total Debt of Over $4 Trillion

Using the higher pension gap number, State Budget Solutions said California is in the biggest financial hole — with total debt of more than $612 billion.

California still owes the most under the alternative computation, but the state's total debt drops significantly, to $307 billion.

According to the analysis, California has also borrowed the most from the federal government to pay for unemployment benefits,$8.6 billion.

Vallejo, CA

#6 Oct 14, 2012
An analysis of the last three years of government salary data shows state employees are continuing to store up massive banks of vacation, instead of heading to Big Sur or hitting the slopes at Lake Tahoe. They're cashing in by retiring with whopping final paychecks worth, in some cases, more than $500,000 in unused time off.
greedy employee

Vallejo, CA

#7 Oct 14, 2012
one could argue that there is a comparable amount of lost productivity when an employee is on vacation. in a lot of cases, somebody else has to fill in, sometimes at time and a half. if not, then the position should be evaluated for abolishment in the name of efficiency.

Vallejo, CA

#8 Nov 16, 2012
Time to send a horde of people to Sacramento to Governor Brown and DEMAND that the State government get a piece of this action ASAP......

There Is A Shale Oil Field Under Santa Barbara Four-Times Bigger Than The Bakken

According to the EIA, the Monterrey Formation, which covers an enormous chunk of Southern California and terminates near Santa Barbara, has 15.4 billion barrels of recoverable crude — four times as much as the Bakken formation in North Dakota.

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