Tag Archives: Public Employees

The Pension Problem

I would seriously consider checking how your state and locality are funded. You might not want to retire to a place that is on a collision course with serious pain. Just a thought. Continue reading

Posted in Banking and Finance, Best Of The Storm, Financial News, Fresh Perspectives, Home Economics | Tagged China, City Budgets, County Budgets, FHA Short Refi, Pensions, Public Employees, State Budgets, Taxes, Unions | 1 Comment

Grand Theft Pension

Grab your pitchforks. These crooks should be thrown in jail or worse. Continue reading

Posted in Best Of The Storm, Social Mood Swings | Tagged Fraud, Pensions, Public Employees | Leave a comment

Database Shows Bay Area Public Employee Salaries

The Contra Costa Times is a fantastic newspaper with some excellent reporters. Recently, their reporting on pension spiking has gained national attention. Over the years, they have fought to share public employee salaries with the us, even taking the case to the California Supreme Court. Continue reading

Posted in Social Mood Swings | Tagged Public Employees, Public Pensions, The Contra Costa Times | Leave a comment

2010 Public Employee of the Year

This is great.

Posted in Social Mood Swings | Tagged Public Employees, Public Pensions | Leave a comment

Pension Fund Losses: To Infinity And Beyond!

Public Employee Pension Funds will need to cut benefits in the near future. They are bleeding billions of dollars and are left with few options other than doubling-down commercial real estate and other bad bets that they’ve already made. Make … Continue reading

Posted in Best Of The Storm, Commercial Real Estate, Home Economics | Tagged Bailouts, California Budget, CalPERS, Fannie Mae, FHA, Freddie Mac, Pension Funds, Public Employees, Stimulus, Taxes, The Amero, The Dollar | 6 Comments