Study Shows CalPERS / CalSTRS Have Nearly $1 TRILLION in Unfunded Liabilities

As the Chief Whistle blower for KSFO San Francisco (560), I was on the Brian Sussman show at 6:45 am, as I have for six years. Today we discussed three issues:

Calpers headquarters is seen in Sacramento, California, October 21, 2009. REUTERS/Max Whittaker

1.  The Stanford University study showing that CalPERS and CalSTRS have a total of just under one trillion in unfunded liabilities. (Full story here)

2.  Why does the UC Irvine Administration allow students to protest around the campus, and in the face of Jewish students with the chant, “Long Live the Intifada”? (Full story here)

3.  Why do some cities, like Madera, population 63,000 pay the City Manager $214,000 and nearby city of Fresno with a population of over 500,000 pay its City Manager $235,000? (Full story here)

All of these stories, and more, are found at California Political News and Views.

Remember only 239 more days of “Barack the Last” in the White House.

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