CALPERS – Angrywoodchuck's Blog

CALPERS

Dow Jones Hits 25,000?

By AWC on May 22, 2010 • ( 0 )

California government workers asked the politicians in Sacramento to approve billions of dollars in retroactive pay increases, a retirement age of 50 and lifetime pensions of up to 90% of their final salary. CalPers, the union representing the state workers… Read More ›

You And I Owe California Government Workers $500 Billion (half a trillion!)

By AWC on April 9, 2010 • ( 0 )

More proof that only suckers work in the private sector. Let’s discuss why politicians love to write blank checks from your not-yet-born grandchildren’s bank accounts. Antonio Villaraigosa (formerly Antonio Villar), a former labor union organizer gets elected as the Mayor of… Read More ›

CA Union Employee Pension Costs Up 2,000%

By AWC on March 2, 2010 • ( 0 )

Let me start with some shocking statistics from the Wall Street Journal… “Approximately 85% of the state’s 235,000 employees (not including higher education employees) are unionized. As the governor noted during his $83 billion budget roll-out, over the past decade… Read More ›

Government Employees: The Elite Citizen Class

By AWC on January 30, 2010 • ( 0 )

Did you know that in California, 1 in 22 people can drive in violation of the toll roads without a transponder and never pay the fine? Or park illegally in handicap spots? Or be alone and take the carpool lane?… Read More ›