Comment: A recipient of CalPERS can live anywhere in the world and receive his or her retirment from CalPERS — that is if it is still in existence and the State of California is now bankrupt. Check out the California Debt Clock, California is now over $424 BILLION in debt!!! Time for the 51st State of Jefferson. – Admin Liz Bowen
CalPERS says retirees will soon outnumber public employees
December 4, 2014
We know that CalPERS now has an unfunded liability of $754 billion. Also known is that CalPERS, to keep the door open and checks flowing, is in the process of raising the mandated contributions by 50%. Since most government agencies are already in deficit and beg for higher taxes and fees, the only way to pay for the government program is to cut cops, parks, libraries and other basic government services. Even higher sales tax rates will not solve the biggest problem—too many receivers of checks and not enough paying into the system.
“The ratio of employees paying into CalPERS to retirees taking money out fell 25 percent in the last decade, according to a recent report to the fund’s board. It is a trend that id expected to continue, according to CalPERS analysts.
Workers used to outnumber retirees 2-1. It is now about 1.5-1, and is expected to flip in the near future. Eventually retirees will outnumber active workers by a ratio of nearly 2 to 1 in some CalPERS retirement plans.
The report also states that “employers are exposed to a considerable amount of contribution rate volatility and a risk of further changes in funded status. Contribution rates are expected to remain high for an extended period unless there is a period of exceptional returns in the markets.”
CalPERS is collapsing and cities that could save themselves, Vallejo, San Bernardino and Stockton refuse to do so. The California Depression is about to get really bad.
READ the article:
California Political Review
Feds Loan Sacramento $9 Million to Have City be Land Speculator—Loan Repayment WAIVED
December 4, 2014 By
Crony capitalism lives in California. Corruption by government is a way of life. Years ago the City of Sacramento borrowed $9 million from the Feds—to become land speculators. They did make it work. Instead of repaying the $9 million belonging to the people of Buffalo, Detroit and Mobile—the Feds agreed to waive repayment! It became a gift to the government of Sacramento—a gift that was forced on the people of the United States.
Why was a city government allowed to become a land speculator in the first place? Why wasn’t the Army Depot sold to private interests and get it back on the property tax rolls? This is why government is not respected or trusted—wonder which unions and special interest won? We already know the nations’ taxpayers and freedom were the losers.
“Dangberg said the city acquired the property in 1994, using a federal loan to buy it from the federal government after the base realignment process shuttered the depot in the early 1990s.
After Dick Fischer and his company, U.S. National, leased the property and turned it into a new business center, the federal government eventually forgave the loan, Dangberg said. Since then, U.S. National has had a purchase option but chose to keep extending the lease instead, he said.”
Mark your calenders for Dec. 15th
If you have questions about the State of Jefferson movement, come and bring a friend!
Mark Baird will answer questions regarding the State of Jefferson and its viability.
Redding Tea Party
2570 So. Bonnyview Rd.
Message from Terry and Sally Rapoza:
A cold, dark rainy morning that begins at 2:30 am usually does not portend well for having a good day, but that is exactly what happened on Tuesday Dec. 2 at the Board of Supervisors in Lake County! Mark Baird who lives in Scott Valley (near Etna if you know where that is!) rose from his warm, secure bed and hit the road at 3 am to be in Redding by 6 am, where he became a passenger the rest of the way to the Lakeport Board meeting at 9am.
The 3 of us didn’t really hold much hope for the outcome of this presentation. In fact, Mark said he had great difficulty “stinging two thoughts together” when it was his turn to present The State of Jefferson. He knew one of the Supervisors, Rob Brown from having sold him some buffalo several years ago, but we had no idea where anyone on the Board was leaning.
After a 30 minute presentation, several questions were asked and then the Chairwoman opened it up for public comment. Wham-right out of the shoot a prior member of the Democratic committee expressed how this was the one of the stupidest ideas she had ever heard of. She listed all of the “problems that a smaller, poorer state would have, and then she went on about how good we have it in California, and about how now, it is just going to get better!
After her 3 minutes, 5 local citizens who supported Jefferson came forward, and blew all of her objections out of the water! Including a businessesman who said he was taking his business and the 500 jobs it provides and moving it to Oregon. Wham!
Then the Board had questions about the finances. Providentially, Steve Baird (our secret weapon) was in attendance! He was brought up before the board and was able to enlighten them as to how their county would look under the State of Jefferson Financial Model-holy smokes batman-there’s money left over!
Finally, each member of the Board, had their say. Rob Brown, was adamant about the onerous mandates and regulations imposed upon their county, using the example of having to get rid of perfectly good buses and garbage trucks due to the CARB regulations. He was a YES.
Then Jim Comstock echoed Mr. Brown and said the if we had the Declaration with us he would have signed it that day! Jeff Smith agreed, and asked when could we come back-the next meeting before the end of the year? Anthony Farrington, the most reserved of the 5 wanted to study the financial model a bit more, and agreed to contact Steve Baird for additional information. Chairwomen Denise Rushing said she had some concerns about the transition period and what may be unintended consequences, but she wished us luck with our endeavor.
We were blown away! We left the Chambers, kind of in a daze-what just happened? We were invited back possibley on Dec. 16th if they can get Mark on the agenda!
What started out as a dark day, suddenly had become one of the best days! We talked about it all the way home, and I wanted to share the experience with all of you who couldn’t be there. Thank you all-you’re prayers were heard!
Mark Baird will give a
State of Jefferson Presentation to the
Lake County Board of Supervisors
on Dec., 2014
at 9:15 am
55 North Forbes St.
Lakeport County Courthouse
PACK THE HOUSE!
Tell your friends, family, neighbors and co-workers!
We need volunteers to collect signatures for the State of Jefferson.
We have tables and chairs and will look for locations to set them up next week.
We need people willing to help organize and to work at the tables.
Please pass this message on. Thank you
California is second only to New York for the highest tax rate in the country. The upper third of California has virtually no Representation for that tax money. Los Angeles county alone has 22 Representatives, compared with only 8 for all of the upper third of the State.
The closer you look at Jefferson the better it looks. Come to the meeting and get the details. Jefferson will look even better
Come to the State of Jefferson meting Dec 4th.
Lincoln Christian Life Center 6:30 PM 1200 Hwy 193 Lincoln, Ca. 95648
Great explanation on LIBERTY !!!
Question Mark #9
Sacramento won’t let us go because of the water. What say you?
Comment: Remember that much of the water throughout the state is already under a state, federal, municipality or private contract. Court adjudications will not be interrupted by the creation of a new state.