Sheep Alert! Bankrupt Pension Needs Money From Bankrupt State
Maybe it can be borrowed from a bankrupt bank who gets the money from a bankrupt Fed.....whille citizens lose their homes because they are bankrupt and being foreclosed by a bankrupt lender.
And you sheep Fools who think you are not bankrupt....think again.
SAN FRANCISCO, May 18 (Reuters) - Officials at the California Public Employees' Retirement System voted on Tuesday to request $600 million more in funding from the state government, fresh on the heels of Governor Arnold Schwarzenegger's press to have lawmakers cut the state's pension costs.
The increase would be for California's next fiscal year, beginning in July, and would raise to about $3.9 billion the state's annual contribution to the pension fund, known as Calpers, the biggest U.S. public pension fund.
Schwarzenegger in unveiling on Friday his budget plan for the next fiscal year, said that overhauling the state's pension systems to reduce their cost to the state's general fund is a top priority, an idea backed by fellow Republicans in the legislature's minority.
Democrats, who control the legislature, are reluctant to take up the issue.
hmmmmm....SPOILED SHEEP...YOU THINK YOU SHOULD GET A PENSION AT 50 WHEN THE PENSION IS BANKRUPT? AT LEAST THE GREEKS EAT SHEEP.
HOW WILL THE SHEEP REACT WHEN THEY LEARNED THEY HAVE BEEN FLEECED.....SILLY SHEEP...STOP WATCHING THE TICKER....
EARTHQUAKES ARE ON THE RISE....
VOLCANOS AER ERRUPTING AND DISRUPTING....
OIL IS SEEPING INTO THE GULF STREAM SHUTTING DOWN FISHING
GOVERNMENTS ARE GOING BANKRUPT
RIOTS ARE BECOMING MORE INTENSE FORCING LIVE FIRE ZONES
BANKRUPTCIES ARE RISING
BUSINESSES ARE SHUTTING DOWN
WARS ARE BREAKING OUT WITHIN AND BETWEEN NATIONS.....
AND THAT IS JUST THE BEGINNING AS THE INDUSTRIAL AGE COMES TO AN END......
Welcome to the Digital Age.....I told you it will be exciting.