The CalPERS [The mismanaged, incompetently-run State of California pension fund] financial bomb has gone off. The blast wave hasn’t arrived to knock us all down is all.
A deficit of $7.4 billion is projected for CalPERS by the end of the year. Look, I like unions and believe people deserve good pensions. But the simple financial [...]
The politics of progress; cleantech, the economy, antiwar
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