Tax Talk Plus» Unfunded Pensions http://www.blakechristian.com/blog Just another WordPress weblog Mon, 14 Feb 2011 07:34:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Eating at the Trough – California Pension, Healthcare and Other Benefit Costs Are Strangling The Economy http://www.blakechristian.com/blog/tax-general/eating-at-the-trough-california-pension-healthcare-and-other-benefit-costs-are-strangling-the-economy/ http://www.blakechristian.com/blog/tax-general/eating-at-the-trough-california-pension-healthcare-and-other-benefit-costs-are-strangling-the-economy/#comments Sat, 06 Mar 2010 23:02:55 +0000 admin http://www.blakechristian.com/blog/?p=287 With conservative estimates of unfunded public sector pension and healthcare liabilities topping a quarter of a billion dollars, and growing at a rate of $17 billion annually, Orange County Supervisor (and one of the very few to predict the O/C bankruptcy back in 1994) discusses the extreme danger to cities, counties and the state of California – and the real possibility of a California default:

http://www.calwatchdog.com/2010/02/23/new-pensions-push-state-to-insolvency/

Katy Grimes shines a light on the chasm between public and private sector vacation and sick day payouts which are coming to light as state employees head for the exits.

http://www.calwatchdog.com/2010/03/02/public-versus-private-different-sets-of-rules/

For an excellent website covering these public pension issues, bookmark the following site:

http://www.pensiontsunami.com/

Related Twitter:

http://twitter.com/pensiontsunami

Supervisor Moorlach’s webpage:

http://egov.ocgov.com/ocgov/Government/Elected%20Officials/Supervisor%20John%20M.W.%20Moorlach%20-%20Second%20District/Biography

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