Tag Archives: calpers

How Public Pensions Turn Cities into Unlivable Hellholes

Nearly 20-years ago, while providing consulting services to a county sanitation district, we crossed paths with a grumpy fellow who had only a secondary interest in providing industrious work. His primary interest was deliberating on his upcoming retirement; he could bend your ear off. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 32 Comments

California’s Real Wildfire

The real fire in California is the wildfire that’s raging at CalPERS. The fire, you see, is a fire of arithmetic. It’s a fire that won’t go away. And it’s a fire that’ll burn the whole state to the ground. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 11 Comments

The Great El Monte Public Pension Swindle

There are places in Southern California where, although the sun always shines, they haven’t seen a ray of light for over 50-years.  There’s a no man’s land of urban blight along Interstate 10, from East Los Angeles through the San … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , | 1 Comment