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Started By
Message
More bad news for California. The underfunded State Pension Fund may Bankrupt CA?
Posted on 12/25/25 at 2:55 pm
Posted on 12/25/25 at 2:55 pm
13
Posted on 12/25/25 at 2:58 pm to AncientTiger
But at least the illegals are safe
Posted on 12/25/25 at 3:02 pm to AncientTiger
Their unfunded liabilities are enormous.
Blue state bullshite
Blue state bullshite
Posted on 12/25/25 at 3:05 pm to roadGator
They were being properly funded until politicians decided to buy votes by giving away free shite.
Posted on 12/25/25 at 3:07 pm to dalefla
What year was that?
Posted on 12/25/25 at 3:10 pm to AncientTiger
maybe they can just print california dollars! as crazy as this sounds, but the ability to print money fixes a lot of california's problems. they have an economy the size of japan's assuming they accept their proportional amount of US debt,as a separate country their debt to GDP ratio would be half that of japan's.
this is how america dies and i don't mean that as a bad thing, when cali goes she takes the entire western seaboard with her. if they leave texas aint sticking around, and when texas goes she's taking the south with her.
this is how america dies and i don't mean that as a bad thing, when cali goes she takes the entire western seaboard with her. if they leave texas aint sticking around, and when texas goes she's taking the south with her.
This post was edited on 12/25/25 at 3:20 pm
Posted on 12/25/25 at 3:11 pm to roadGator
Same liberal shite, different liberal day.
I mean we've seen this before. We know how is going to play out. They have to start running the coffers like old school Republicans.
Because the new Republicans are almost at bad as democrats.
I mean we've seen this before. We know how is going to play out. They have to start running the coffers like old school Republicans.
Because the new Republicans are almost at bad as democrats.
Posted on 12/25/25 at 3:12 pm to roadGator
Posted on 12/25/25 at 3:12 pm to thetempleowl
If Gavin wins the presidency you may see a legit uprising in this country
Posted on 12/25/25 at 3:14 pm to AncientTiger
Whatever.... all those Marxist run states and cities have to be isolated and left to themselves. Not that Louisiana is a well run state, but my federal tax dollars should not go towards others that are immoral, un-American, Marxist, and stand for everything opposite of what I believe.
I understand fully that life ain't fair, but that's outside the bounds. Not California, not Chicago, not NY, not Minnesota, none of em.
frick em and feed em fish heads!
Not my problem.
I understand fully that life ain't fair, but that's outside the bounds. Not California, not Chicago, not NY, not Minnesota, none of em.
frick em and feed em fish heads!
Not my problem.
Posted on 12/25/25 at 3:16 pm to AncientTiger
quote:
If you don’t believe it, check Grok or Gemini
Posted on 12/25/25 at 3:24 pm to beaux duke
Beaux duke: you must be a Marxist bot.
If not, I rest assured that eventually, one day, you will reap what you've sown.
No doubt, without question.
I hope that I can be around to witness it.
Posted on 12/25/25 at 3:24 pm to roadGator
The state probably has half a trillion dollars in unfunded liabilities. They're never going to pay those benefits.
Posted on 12/25/25 at 3:40 pm to tigerfootball10
quote:
But at least the illegals are safe
Let’s see what they do with illegals and their free shite when it comes to record money shortages to pay pensions.
Posted on 12/25/25 at 3:42 pm to AncientTiger
quote:
$18 billion for a high-speed rail where not a single track has been laid.
Posted on 12/25/25 at 4:12 pm to Strannix
California sold their soul to the Public Employees Unions offering generous salaries and pensions in return for their votes. Same with Illinois. No way
Newsom will be on the ‘28 ticket. The other Dem nominees will gang-up on him.
Newsom will be on the ‘28 ticket. The other Dem nominees will gang-up on him.
Posted on 12/25/25 at 4:15 pm to tigeraddict
quote:
Let’s see what they do with illegals and their free shite when it comes to record money shortages to pay pensions.
I know the answer to that one.
They'll expect the Federal Government to bail them out like NYC.
Posted on 12/25/25 at 4:17 pm to AncientTiger
quote:
California will be bankrupt by 2030
Impossible. Dems will siphon from the fed gov to keep the gravy train going.
Posted on 12/25/25 at 4:34 pm to roadGator
California has a lot of unfunded state pension but it a very populated state, their numbers are just slightly worse than Texas & New York. California has the 10th most debt per capita, New Jersey owes 5x more per person. But you were dead on about blue states, look at the 9 states worse.
1st column is per capita 2nd column is total debt
1st column is per capita 2nd column is total debt
quote:
1 New Jersey $17.65K $163.93B
2 Connecticut $15.82K $57.05B
3 Illinois $14.55K $186.46B
4 Delaware $8.58K $8.5B
5 Vermont $8.17K $5.25B
6 Hawaii $8.07K $11.74B
7 Massachusetts $7.12K $50.02B
8 Kentucky $6.17K $27.8B
9 Maryland $4.34K $26.8B
10 California $3.75K $148.45B
Posted on 12/25/25 at 4:37 pm to AncientTiger
The Midwest Teamsters Pension fund has received over $40 billion in US taxpayer bailouts, don't be too surprised if CA state pensions are fully funded once the Democratic Socialists get control of Congress.
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