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How poorly run is CalPers? "But a consultant told the CalPERS board last week that the funds investment returns, when compared with other large pension funds, ranked in the bottom 7 percent during the last year and the bottom 10 percent during the last five years."
Does anybody still trust government with money? Huge deficits, huge debts, failed government schools, bad roads, greedy special interests like unions owning the process, and economic illiterates in charge.
This is no surprise--we are $36 billion in deficit, $171 billion in DEBT, our health care plan is $110 billion upside down, our CalStrs is more than $24 billion upside down.
CalPers is run by government--do you still trust government with your money?
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Does anybody still trust government with money? Huge deficits, huge debts, failed government schools, bad roads, greedy special interests like unions owning the process, and economic illiterates in charge.
This is no surprise--we are $36 billion in deficit, $171 billion in DEBT, our health care plan is $110 billion upside down, our CalStrs is more than $24 billion upside down.
CalPers is run by government--do you still trust government with your money?
More...