If anybody still has any confidence in the manner in which our nation’s largest state has been run, this is a MUST READ. Steven Malanga of City Journal writes of how California has methodically gone about screwing its future generations.
CalPERS’s corruption, insider dealing, and politicized investments have overwhelmed taxpayers with debt.
After spending years dogged by unpaid debts, California labor leader Charles Valdes filed for bankruptcy in the 1990s—twice. At the same time, he … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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