And behind the state pensions are hundreds of billions of dollars that state employees provided over the lifetime of their careers. If there is a problem with the budget these recent days, it isn't the fault of those who spent decades helping build the state for low wages.<quoted text>
Excuse me? The home is a tangible asset which is collateral. Figures don't lie if you are not a liar.
I am not. Our State income last years was !00 Billion.
Our unfunded pensions stand at $400 Billion.
#66 Nov 9, 2010
#67 Nov 9, 2010
Most working people expected more than we will get after the Crash. We all will have to share the pain of dealing with it. You didn't work any harder or longer than many other Californians who are suffering. This is about fairness in the face of the meltdown.
We all know that California is unique. Our State is never going to prosper again. We made too many stupid political choices over the last twenty years and we must face that stark reality.
I wish every one could have a it all. But, it just isn't possible. By 2015, 91% of every bit of revenue that comes into Los Angeles City coffers will go to Pub Emp Pensions. 91%...ouch.
#68 Nov 10, 2010
Never say never.
#69 Dec 23, 2011
If California turns any more blue, it's going to suffocate and die.
#70 Dec 23, 2011
True, but the current worldwide financial disaster is the result of Government's criminal real estate industry convincing the more gullible among us that they should contract a lifetime of debt bondage because buying a home is an "investment" rather than an expensive liability.
#71 Dec 24, 2011
I'll bet that nobody gives a sh!t that Scott Peterson will spend another year having Christmas at San Quentin.
What a kick in the a-ss !
#72 Aug 9, 2012
The unions and the welfare recipients are not natural allies. They are competing for the same tax dollars. The poor in Wisconsin figured it out. California poor--not so smart.
#73 Aug 10, 2012
And the rich laugh at both. Stan-not so smart.
Add your comments below
|LMSA Soccer (Feb '10)||20 min||La Mirada||5,378|
|Jury reaches verdict in Oakland BART shooting t... (Jul '10)||51 min||OZZY||2,278|
|Students Find Teacher Hanging From Classroom Ce...||1 hr||Newt G s Next Wife||22|
|Helicopters flying over home for past hour?||1 hr||BudH||7|
|UCLA FOOTBALL NOTEBOOK: Neuheisel says Prince w... (Sep '10)||2 hr||Robert C||29,079|
|Glad to see S Herfert leaving||4 hr||so long S H||1|
|Hope Chapel parishoners sue ex-pastor, church f... (Sep '09)||11 hr||Isaiah||335|
Find what you want!
Search La Habra Forum Now
La Habra News Video
Copyright © 2015 Topix LLC