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California (again)


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1 hour ago, /dev/null said:

They need “your” money so they can provide free Obama phones for all the new Demi-Citizens they’re welcoming into their formerly beautiful state. 

Theyre just saying that the regular citizens owe it to the poor and have to pay their “fair share.”

 

The pan handlers on the street are more honest than the politicians. 

Edited by Nanker
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1 hour ago, Chef Jim said:

I heard the lead in to this story and thought “awesome!”  Not everyone wants to deal with your dog sniffing our crotch or using the beach as it’s toilet. Then they mentioned the reason for the proposed ban.  ?

 

https://losangeles.cbslocal.com/2018/12/12/environmental-groups-seek-ban-dogs-stretch-newport-beach/amp/

 

We should just have a snowy plover vs. delta smelt steel-cage death match.

 

If the delta smelt wins, the dogs get their beach back. If the snowy plover wins, the central valley can have water for farming.

 

 

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21 minutes ago, B-Man said:

 

Ahhhh the Browndoggle. And this is pretty damning:

 

new PPIC statewide survey shows that nearly three-fourths of Californians oppose making high-speed rail a major fiscal priority for the state. And that sour opinion is held pretty consistently across party and regional lines.

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14 minutes ago, Deranged Rhino said:

 

It's going to be retroactive if it passes. 

 

:lol: It'll make half the state go broke overnight.

 

Retroactive?  And just how the ***** are they going to do that?  People who moved in to the state this year are on the hook for five years of taxes?  People who moved out of the state this year are going to be chased down in other states and forced to pay?

 

The State of California is not living in reality.

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1 hour ago, B-Man said:

Death? They have a booming economy and growing population. Why all the lies about California? 

Lowest in the west and northeast. 

 

 

Quote

 

By U.S. Census Region2

Current cigarette smoking was highest in the Midwest and lowest in the West.

  • Nearly 19 of every 100 adults who live in the Midwest (18.5%)
  • Nearly 17 of every 100 adults who live in the South (16.9%)
  • About 13 of every 100 adults who live in the Northeast (13.3%)
  • About 12 of every 100 adults who live in the West (12.3%)

 

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Californians say goodbye to Gov. Jerry Brown (D), who did a solid job the second time around. “When he took office for the second time eight years ago, the state had a $27 billion deficit; now it has a dedicated rainy-day fund more than half that size, and a like amount in another one-time discretionary surplus for the coming budget year. In the past eight years, the state has added roughly 3 million jobs, refuting the canard that its tough environmental and labor regulations are impediments to growth.”

 

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https://calmatters.org/articles/commentary/commentary-the-dimensions-of-californias-pension-crisis/

 

California’s public employee pension systems have immense gaps – called “unfunded liabilities” – between what they have in assets and what they will need to meet their obligations to retirees.

The California Public Employees Retirement System (CalPERS), the nation’s largest pension trust fund, and other state and local systems are desperately trying to close those shortfalls, or at least reduce them, mostly by ramping up mandatory “contributions” from public agencies.

Everyone is getting hit by those rapidly escalating demands and it’s no secret that they are pushing some school districts and cities to the brink of insolvency, forcing them to slash other spending, even vital police and fire services, and/or seek higher taxes from their voters to keep their heads above water.

 

Moreover, the squeeze is destined to get even tighter. For instance, cities that are now paying 50 cents into CalPERS for every dollar of police officers’ salaries are projecting that it could go to 75 or 80 cents within a few years.

School districts are feeling a double whammy – a more than doubling of their mandatory payments to the California State Teachers Retirement System (CalSTRS) for their professional staffs, plus increasing demands from CalPERS for their support staffs.

The state government itself is not immune. Last week, CalPERS told Gov. Jerry Brown and legislators that they must include $6.3 billion in the 2018-19 state budget to cover state employee pensions, making it one of the budget’s largest single items.

 

 

Edited by 3rdnlng
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53 minutes ago, 3rdnlng said:

https://calmatters.org/articles/commentary/commentary-the-dimensions-of-californias-pension-crisis/

 

California’s public employee pension systems have immense gaps – called “unfunded liabilities” – between what they have in assets and what they will need to meet their obligations to retirees.

The California Public Employees Retirement System (CalPERS), the nation’s largest pension trust fund, and other state and local systems are desperately trying to close those shortfalls, or at least reduce them, mostly by ramping up mandatory “contributions” from public agencies.

Everyone is getting hit by those rapidly escalating demands and it’s no secret that they are pushing some school districts and cities to the brink of insolvency, forcing them to slash other spending, even vital police and fire services, and/or seek higher taxes from their voters to keep their heads above water.

 

Moreover, the squeeze is destined to get even tighter. For instance, cities that are now paying 50 cents into CalPERS for every dollar of police officers’ salaries are projecting that it could go to 75 or 80 cents within a few years.

School districts are feeling a double whammy – a more than doubling of their mandatory payments to the California State Teachers Retirement System (CalSTRS) for their professional staffs, plus increasing demands from CalPERS for their support staffs.

The state government itself is not immune. Last week, CalPERS told Gov. Jerry Brown and legislators that they must include $6.3 billion in the 2018-19 state budget to cover state employee pensions, making it one of the budget’s largest single items.

 

 

 

About four months and counting before the state is officially in my rear-view mirror. This is one of the many reasons why.

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