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Old 10-05-2012, 08:34   #27
CAcop
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Join Date: Jul 2002
Location: California
Posts: 21,209
Quote:
Originally Posted by certifiedfunds View Post
What do we do with the politicians who negotiated unrealistic pension obligations in the first place?
Research San Jose. They had one of the worst retirements in the state yet they somehow can't fund the pension. Orange county is another. They lot money in the 90s. Who lost money in the 90s? People committing fraud and got caught and sent to club fed. Morgan Hill is actually doing very well for employee pensions because they set up a secret account for rainy days. They actually have the best pension for non public safety in the area because of it.
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Freakin' awsome!! Kickin it old school. Hot sheet on the dash. The report was probably only two sentences. Long live Rencko and Bobbie Hill!--WhiskeyT
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