California Governor Admits Pensions WILL BE CUT! Already $1.7 Trillion Underfunded!
I warned you this was coming and now we are standing at the precipice. We are at the edge, looking down, with no possibility of turning back. Those who are relying on a fixed income are going to be destroyed in the coming years.
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Sources Used in This Video:
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California's Brown Raises Prospect of Pension Cuts in Downturn - Bloomberg
https://www.bloomberg.com/news/articles/2018-01-10/california-s-brown-raises-prospect-of-pension-cuts-in-downturn
So much for 'happily ever after': Sears pensioners stagger under stress of cuts - Newfoundland & Labrador - CBC News
http://www.cbc.ca/news/canada/newfoundland-labrador/sears-pensioners-stagger-under-stress-cuts-1.4476794
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In your opinion, do you think that California will eventually cut pensions?
I have a feeling the politicians would take the print more route and just borrow more. I mean a lot of state government is on the road to default anyways, why not stick it more to the investors while making your own voters grateful.
For sure. They always do.
Hi David, I now watch all of your videos on Steemit so you can get more money out of them. Hope you'll get more fans so you can increase you revenues and leave that YouTube monopoly.
Thank you! Yes, that would be great. I prefer Steemit especially as this site gets better and faster. I personally think dTube is much better than YouTube. It's very clean.
Most people don't realize they're being set up!
Everyone's been paying and will continue to pay for all this (free) money!