Desmond has been driven insane working crazy hours to support himself and pay your pension. You should be ashamed, Sawhorse.

It makes it all the more sweet when all you RAGWUS crooks are swinging from the lamp posts. 🙂

Still paying that Pension Tax huh Donk!! And yet all the Bitching and Complaining by you, still nothing goes in your favor,lol.

Rex, what we have is a bunch of retired fire people and cops on this Calturd board looking to steal all they can at the state level, just like they did at the local level!! 🙂

It was FRAUDULENT state legislation, the fraud from CalTURDS, and trust me, all those con men and women at CalTURDS could BE prosecuted for fraud.

Again, SB400 was state legislatio–not fraud–it was too expensive, and nobody knew that we were going to have a global wide depression caused by wall street.

The CalPERS board members who were involved in corruption, were taking bribes; they are no longer on the Board, and the briber himself is dead by his own hand–satisfied?

http://californiapolicycenter.org/calpers-created-ticking-time-bomb/

Fraud has to be in the mind of the perpetrator. The only thing in the mind of CalPERS is to serve its members. The wall street bankers involved in the 2007 recession were the ones who committed the fraud.
SB400 was straight up, classic fraud. And ALL of the CalTURDS board members who were involved with SB400 should be in prison with Bernie Madoff…they should be Bernie Madoff’s cellmates.

Quoting …”The only thing in the mind of CalPERS is to serve its members. ”

Baloney, CalPERS (Board-controlled by Union-connected workers/retirees) misleads, distorts, and lies to UNJUSTLY enrich Public Sector workers at the expense of Private Sector Taxpayers ….. witness the OUTRAGEOUS “retroactively applied” pension increases that resulted from SB400.

CalPERS and Bernie Madoff have nothing in common. Madoff ran a ponzi scheme whereby the premiums were used to pay interest to current investors in his “plan”. He did not invest his client’s funds. He stole them.

CalPERS invests the contributions of its members in order to earn interest. Fraud has to be in the mind of the perpetrator. The only thing in the mind of CalPERS is to serve its members. The wall street bankers involved in the 2007 recession were the ones who committed the fraud.