A scream of outrage In the era of Republican take-backs

| | Comments (0) |

From Sunday's letters to the editor

Re "Pension initiative planned" (June 26):

From his closeness to Arnold, it is all too evident that Keith Richman is the governor's puppet, carrying on a failed campaign to punish teachers, nurses, police officers, firefighters, Caltrans workers, etc. There is nothing wrong with the Public Employees Retirement System. In fact it is 93 percent funded, and earned $29.4 billion last year (or about 15.4 percent return on investments). We only wish Social Security had such "problems."
The problem is the politicos who use Chicken Little claims: "The sky is falling" in professing "new taxes are needed to fund public retirement systems." If they would just leave them alone and pay into PERS regularly as they have agreed, the funds will do fine. Remember the millions wasted on the special election, and Keith and Arnold's four failed measures?

— Steven H. Brackett
Lake Balboa


Leave a comment

About this Entry

This page contains a single entry by Mike Tetreault published on July 2, 2007 9:51 AM.

Ahmadinejad rebuffs Oliver Stone's offer! was the previous entry in this blog.

The Strongest Argument Against a Border Fence ... is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Recent Comments

Powered by Movable Type 4.25

Search this blog

Loading

Advertisement

Other blogs