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"It's Not Sustainable" - Sacramento Lashes Out At Calpers After Raising Pension Payments

"It's Not Sustainable" - Sacramento Lashes Out At Calpers After Raising Pension Payments

In the latest sign that America’s looming pension crisis is inching closer to an all-our collapse that will inevitably end in a series of bailouts – or worse, the failure to pay out retiree’s coveted benefits - a handful of California cities are lashing out at CALPers after being forced to hike pension contributions to offset expectations for long-term returns that have been revised lower by the state pension system.

California Considering Legislation To Become First Ever Sanctuary State

California Considering Legislation To Become First Ever Sanctuary State

We've written frequently in recent weeks/months about the brewing battle between the Trump administration and so-called "sanctuary cities" where local police officers are specifically instructed to ignore federal immigration laws.  Now, the leftist state of California is considering a new senate bill that would have the entire state become America's first "sanctuary state."