Drudge Retort: The Other Side of the News
Saturday, February 24, 2018

The CalPERS board voted to change the period for recouping future investment losses from 30 years to 20 years. The bottom line is that it will require the state government and thousands of local government agencies and school districts to ramp up their mandatory contributions to the huge trust fund.




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It must be nice to just TAX people without their consent .... Welcome to California


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Trump is right. Leave Cal to itself, let them live with the consequences of their decisions.

#1 | Posted by sawdust at 2018-02-25 06:23 AM | Reply

It is crazy that pensions have allegedly lost money during the second or third longest economic expansion in US history.

#2 | Posted by GOnoles92 at 2018-02-25 10:37 AM | Reply

Trump is right. Leave Cal to itself, let them live with the consequences of their decisions.


Wouldn't that be nice? We'd have 13 billion dollars a year extra that we wouldn't have to give to the feds to support you lazy red state bums. We could could spend that on ourselves.

Go ahead and withhold federal funding. We'll just withhold our federal tax payments equal to that amount. Wouldn't that be a fun Constitutional crisis to add to Trumpy's growing mountain of problems?

#3 | Posted by donnerboy at 2018-02-25 02:57 PM | Reply

Actually if we got to keep ALL our tax dollars we give to the feds that would be $369 billion extra a year.

We might have to build a wall between us and the US to keep the lazy rapist and drug dealing Americans (some are very nice people) out.

Of course, we would make Trump (i.e US taxpayers) pay for it!

#4 | Posted by donnerboy at 2018-02-25 03:05 PM | Reply

Trump is welcome to withdraw ICE from CA so long as CA is welcome to stop paying for it in other states.

#5 | Posted by Tor at 2018-02-25 03:09 PM | Reply

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