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August 11, 2017



Obviously, the CalPers issues are not the "Wildfire" that Joe says it is.
There are very few comments regarding Friends with Benefits. (By the way, "Friends with Benefits") is a reference to casual sex.

Police, Fire, the City of Burlingame Sewage Dep't/Water Dept. Park Dept. chose to be employed by the City of Burlingame because of the CalPers Retirement benefits.
The COB Sewage, and Water Dept. work "Hand & Glove."
Would anyone feel comfortable with "The Lowest Bidder Inc?"
Running the basic infrastructure?
Stop taking everything for Granted People!
We get what we pay for.
That is why we live here.


Would anyone feel comfortable with "The Lowest Bidder Inc?"
Umm, that's pretty much every gov't office building, aircraft carrier, subway car, etc.

And when the market tanks, as it inevitably will, CalPers will do what?


Hopefully live up to their Words and Contract.
CalPers is the largest retirement system in The World.
Most negative comments are based on the people who now live on SS.
CalPers is the model used when comparing SS to Calpers.
Private or Federal.
CalPers makes MONEY
The Federal Government takes Monies from SS whenever, whatever reason, deemed
CalPers will always take care of their members.
How do I know this.
Read CalPers Prospectus.
Read US SS Prospectus.
What say ye Hillsider?


Arithmetic is simple for most.

This massive pension under funding is very clear and will not end well.

Our civil savants are not the cause.

Our less than honest self motivated politicians are to blame.


Taking monies from Peter, to pay Paul is Political SOP.
Unfortunately, pet projects continue only to keep the "City Elder of the Day" employed.
Anyone running for a Political position these days have only a few reasons to do so...
-Sociopathic Personality Disorder.
It sure is not for the money.
A politician could do more for the City of Burlingame as a Crossing Guard.
I am sure there are those who get into the Political Profession for good reasons. However, once in position they find out in order to provide a service, they have to compromise.
Not Good.

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