Comments on: Brown: State of the State is fiscal restraint https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/ Sat, 23 Jan 2016 18:37:02 +0000 hourly 1 By: Ted. Mentor to the doomed.... https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120219 Sat, 23 Jan 2016 18:37:02 +0000 http://calwatchdog.com/?p=85821#comment-120219 In reply to Rex the Wonder Dog!.

I LOVE the Poodle just as she is!!! I love her refreshing observations—- VERY Palinesque!!!!!!!!!!!

]]> By: Rex the Wonder Dog! https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120198 Sat, 23 Jan 2016 02:37:40 +0000 http://calwatchdog.com/?p=85821#comment-120198 In reply to Ron.

I wish you had a brain!

]]> By: Spurwing Plover https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120195 Sat, 23 Jan 2016 00:51:29 +0000 http://calwatchdog.com/?p=85821#comment-120195 Moonbeam must have sniffed glue one time in his life

]]> By: Rex the Wonder Dog! https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120183 Fri, 22 Jan 2016 18:29:48 +0000 http://calwatchdog.com/?p=85821#comment-120183 In reply to Truthafuss.

Nope, just some of that high quality whacky tabacky from Humboldt County 🙂

]]> By: Kris Hunt https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120177 Fri, 22 Jan 2016 12:14:20 +0000 http://calwatchdog.com/?p=85821#comment-120177 In reply to ted.

At this point in the extremely long bull market (which has now come to an end), CalPERS and CalSTRS should actually be at over 100% in anticipation of the next recession. The normal business cycle is about 5 years long. It always happens. It is only the economically uninformed who would think that a pension fund should not be in better shape.

]]> By: Truthafuss https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120176 Fri, 22 Jan 2016 10:31:11 +0000 http://calwatchdog.com/?p=85821#comment-120176 Did Brown take LSD before this speech?

]]> By: Ron https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120175 Fri, 22 Jan 2016 05:32:38 +0000 http://calwatchdog.com/?p=85821#comment-120175 In reply to Terry.

I wish you knew what you were talking about.

]]> By: Rex the Wonder Dog! https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120174 Fri, 22 Jan 2016 05:27:39 +0000 http://calwatchdog.com/?p=85821#comment-120174 In reply to ted.

“It’s about 70% funded— very little issue here despite the fanatical right yapping all the time…”
Thank you Mr. Math!
CalTURDS is 73% funded. It was 78% 2 years ago. Anything below 60 is a point of no return, the death spiral. It should be over 100% funded right now (about 125%-135%) at the END of the biggest BULL MARKET in US history. CalTURDS has a 7.5% discount rate, and half way through this fiscal year the ROI is 2.4%. Mr. Math has arrived, and is going to give out FREE pension haircuts …very soon. You’re first Teddy Trough Feeder 🙂 !

]]> By: JPR11 https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120173 Fri, 22 Jan 2016 01:03:22 +0000 http://calwatchdog.com/?p=85821#comment-120173 In reply to Dude.

Wait until you get your ballot, with 6 new taxes proposals. This state is the ultimate in tax and spend. It’s like a marry go round. This year it’s education, next year health care, then welfare, then back around again. The state’s revenue is at it’s highest ever yet the liberals find new ways to spend it. CA is no longer the Golden state but the Welfare state. How about a tax reduction??

]]> By: dc1 https://calwatchdog.com/2016/01/21/brown-state-state-fiscal-restraint/#comment-120171 Fri, 22 Jan 2016 00:16:26 +0000 http://calwatchdog.com/?p=85821#comment-120171 If he really believed in fiscal restraint, this wouldn’t be a record spending budget by far. Also, if he believed in fiscal restraint he wouldn’t be calling for yet another massive tax/fee increase.

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