I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
I told them to head to your mom's house and share your basement. I had an interpreter. They'll be over shortly.
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
Those poor people you speak of aren't moving anywhere. Same goes for Portland and Seattle.
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
LOL this is living in a fantasy land.
Sounds like cirro has a lot of haie for the pours
The Harv/Cirro thing where you live in a gated community is the funniest form of being a fucking idiot
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
White flag. Someone needs to tack the rim back up though.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
I don’t care about poor people or the California poverty rate. Poor people are speed bumps on the way to greater prosperity for successful people. Poor people are are free to move to Oregon, Idaho, Arizona or Nevada anytime they want.
Cuntwaffle should help poor people in California escape their plight. He cares.
You're a really shitty liar, Libtard. YBE to sound tuff; Not working.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
They got over 10% return on their investments last year. You really think 3% over time is reasonable? Besides, GASB standards dictate the rate to be used.
You don't look for facts, you look for affirmation.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
They got over 10% return on their investments last year. You really think 3% over time is reasonable? Besides, GASB standards dictate the rate to be used.
You don't look for facts, you look for affirmation.
This is like arguing with a 3 year old.
They had huge losses in the early 2000's and again gigantic losses 2008-2010. Over that decade the average return was lower than 2%. The reality is probably even worse as politicians in CA like to fake the numbers. It is bad for re-election chances if you publicize horrible losses in the CALPERS returns so the democrat leaders there lie by using fake liberal maff.
The cold hard facts are that the CALPERS system is unsustainable and is bankrupt. A ponzy scheme at this point. Even after all of this stock market rise, they CALPERS system is still so deep in unsecured debt it will never get out whole. So, you idiot, that means that when the market goes down, and it will, it always does, it is going to further kill the ponzy scheme that now is CALPERS.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
They got over 10% return on their investments last year. You really think 3% over time is reasonable? Besides, GASB standards dictate the rate to be used.
You don't look for facts, you look for affirmation.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
They got over 10% return on their investments last year. You really think 3% over time is reasonable? Besides, GASB standards dictate the rate to be used.
You don't look for facts, you look for affirmation.
This is like arguing with a 3 year old.
They had huge losses in the early 2000's and again gigantic losses 2008-2010. Over that decade the average return was lower than 2%. The reality is probably even worse as politicians in CA like to fake the numbers. It is bad for re-election chances if you publicize horrible losses in the CALPERS returns so the democrat leaders there lie by using fake liberal maff.
The cold hard facts are that the CALPERS system is unsustainable and is bankrupt. A ponzy scheme at this point. Even after all of this stock market rise, they CALPERS system is still so deep in unsecured debt it will never get out whole. So, you idiot, that means that when the market goes down, and it will, it always does, it is going to further kill the ponzy scheme that now is CALPERS.
Is Calpers only a 10 year plan now? Do you really think they only invest in US stock market equities? The financial statements are online, you can see everything and they're assumptions.
If you are only getting 3% return on your investments over time, good luck in retirement. You are barely keeping pace with inflation.
So Cirrho never addressed the poverty issue in CA and played the "I don't see them in my neighborhood so it doesn't exist" ignorance is bliss defense. Gets racist in his descriptions of other states and clearly has no idea that his state has more liabilities than it will ever be able to cover.
I think Cirrho won the argument. Who is with me? LOL
Rent seeking off the “California is essentially bankrupt” crowd is the favorite part of my work.
Did you get ahold of the OC register to bust their balls?
You are a classic liberal idiot who has trouble with their maff and their honesty. CalPERS uses the Market Basis math because it is much more accurate over time. In other words, the accountants for the state aren't going to lie to themselves like idiots like you do.
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
They got over 10% return on their investments last year. You really think 3% over time is reasonable? Besides, GASB standards dictate the rate to be used.
You don't look for facts, you look for affirmation.
Comments
Cuntwaffle should help poor people in California escape their plight. He cares.
https://www.google.com/amp/s/www.ocregister.com/2018/04/06/with-california-taxpayers-facing-a-1-trillion-unfunded-pension-liability-lawmakers-focus-on-foam-and-plastic-straws/amp/
https://www.pensiontracker.org/
I love when you post a link and don't take the time to read it you idiot.
From your link:
"The use of this discount rate here is intended, as most financial economists agree, to more closely represent market realities and system liabilities."
They are describing their use of Market Basis accounting. FFS you are a juvenile.
You don't look for facts, you look for affirmation.
They had huge losses in the early 2000's and again gigantic losses 2008-2010. Over that decade the average return was lower than 2%. The reality is probably even worse as politicians in CA like to fake the numbers. It is bad for re-election chances if you publicize horrible losses in the CALPERS returns so the democrat leaders there lie by using fake liberal maff.
The cold hard facts are that the CALPERS system is unsustainable and is bankrupt. A ponzy scheme at this point. Even after all of this stock market rise, they CALPERS system is still so deep in unsecured debt it will never get out whole. So, you idiot, that means that when the market goes down, and it will, it always does, it is going to further kill the ponzy scheme that now is CALPERS.
If you are only getting 3% return on your investments over time, good luck in retirement. You are barely keeping pace with inflation.
Go look up GASB 67/68 and get back to me.