Comments on: No, the recession is not to blame for the pension crisis https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/ Wed, 25 Mar 2015 05:27:10 +0000 hourly 1 By: SkippingDog https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13195 Wed, 10 Jul 2013 18:06:59 +0000 http://www.calwatchdog.com/?p=45305#comment-13195 Some of us are, SeeSaw….

]]> By: S Moderation Douglas https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13194 Tue, 09 Jul 2013 21:41:46 +0000 http://www.calwatchdog.com/?p=45305#comment-13194 AT

LEAST

!!!!!!!!

]]> By: S Moderation Douglas https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13193 Tue, 09 Jul 2013 21:29:20 +0000 http://www.calwatchdog.com/?p=45305#comment-13193 The glass is AT LEAST half full.

]]> By: S Moderation Douglas https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13192 Tue, 09 Jul 2013 21:28:21 +0000 http://www.calwatchdog.com/?p=45305#comment-13192 Actually, SeeSaw, I would say it is much less than 3%. I saw this mistake on the LAO website. They related the $3.8 billion in pension costs to the GENERAL FUND budget, which is around $98 billion. In reality, less than half that $3.8 billion is paid on behalf of general fund salaries.

The TOTAL state budget, inlcluding general fund, special fund, AND federal fund (many state workers are paid by federal funds) is about $233 billion, Which would make pension costs about 1.5 percent of the budget.

]]> By: SeeSaw https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13191 Tue, 09 Jul 2013 20:04:29 +0000 http://www.calwatchdog.com/?p=45305#comment-13191 I am only quoting a figure for one subject, Rex. The State of CA’s liability to CalPERS is 3% of the total state budget. We can share opinions and facts–but you need to stop calling me a liar! I am very dedicated to the truth is all facets of life!

]]> By: Rex the Wonderdog! https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13190 Tue, 09 Jul 2013 19:58:49 +0000 http://www.calwatchdog.com/?p=45305#comment-13190 SeeSaw says: July 9, 2013 at 1:05 am I don’t think that is going to happen Shelby–so are you saying that if such should happen, it was because they were greedy? Ridiculous. Some cities are in dire financial straights due to mismanagement–the rank and file are not at fault there. The biggest reason why many cities are in trouble is the abolishment of the Redevelopment Agencies by the state.

OMG….my side is hurting from laughing so hard at this idiot comment seesaw…RDA’s are the root cause of the CA meltdown!!!!! You are Koo-Koo for CoCo Puffs girlfriend!

]]> By: Rex the Wonderdog! https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13189 Tue, 09 Jul 2013 19:57:02 +0000 http://www.calwatchdog.com/?p=45305#comment-13189 Tough Love says: July 9, 2013 at 9:50 am S Moderation, With cash pay in the Public & private sectors VERY close in most occupations, please tell what justifies Public Sector pensions,

Tough Love, please show me ONE job in the real world where a dork with just a GED (like Mark Furman) can get a $200K-$350K job with OT, like cop or firewhiner.

]]> By: Rex the Wonderdog! https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13188 Tue, 09 Jul 2013 19:54:58 +0000 http://www.calwatchdog.com/?p=45305#comment-13188 S Moderation Douglas says: July 9, 2013 at 11:43 am Oh, and pensions are a small part of STATE budget. Total employee costs are about twenty percent, so pension costs are about 3%

Dougie, please learn to read ^^^^^^^^^^^^^^^^^^^^^^

KABOOM!!!!!!!!!!!!!!!!!!!!!!!! 😉

]]> By: Rex the Wonderdog! https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13187 Tue, 09 Jul 2013 19:53:49 +0000 http://www.calwatchdog.com/?p=45305#comment-13187 SeeSaw says: July 9, 2013 at 10:25 am Pensions are a minute part of any public agency’s total budget–the State’s liability for CalPERS is only 3% of the total State budget.

LOL..oh seesaw, you can lie with the BEST of them~

Pensions are at least 20% of the CA budget, what you FAIL to take into account in your little 3% lie is that over 50% of the CA budget goes to school districts and other independent districts, like water or power, and they in turn pay out a HUGE portion of their state $$$ to pensions.

BAM!!!!!!!!!!!!!!!!!!!!!!!!!

]]> By: Rex the Wonderdog! https://calwatchdog.com/2013/07/05/no-the-recession-is-not-to-blame-for-the-pension-crisis/#comment-13186 Tue, 09 Jul 2013 19:51:20 +0000 http://www.calwatchdog.com/?p=45305#comment-13186 S Moderation Douglas says: July 9, 2013 at 8:37 am Mismanagement may be in the eye of the beholder. People want cops. People want firemen. Politicians give the people what they want.

Errr..the public does NOT WANT GED educated cops and firewhiners at $200K-$300K (BART to $350K) per year DouglASS

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