Yeah, and it’s got that possessive apostrophe after an “S” which is always difficult to remember. Could be a good album title though.
If you’ve ever read John Sandford, then you know what the perfect band name is: “That F*ckin’ Flowers.”
Editor
Paddy O'Furnijur
5 years ago
Happy Independence Day, Gerbil Nation!
Or Brexit 1776, if you prefer.
Good morning, Fatwa, and Sven!
Unfunded liability -- a nice way of saying your balance sheet doesn’t.
BTW, the CalSTRS unfunded liability is $97 billion. When you add in CalPERS, the unfunded liability of just those two retirement systems is over $210 billion, or about 10% of the state GDP. The budget for the State of California is only $125 billion.
Happy Independence Day, GN!
The way Brother Ray sings this song gets me nearly every time.
Happy 4th, America!
“Unfunded Liability” -- another good band name.
Hai, Sven!
While it’s a bit long, I prefer Ninety-Seven Percent of Congress’ Heads on Pikes. 👿
Yeah, and it’s got that possessive apostrophe after an “S” which is always difficult to remember. Could be a good album title though.
If you’ve ever read John Sandford, then you know what the perfect band name is: “That F*ckin’ Flowers.”
Happy Independence Day, Gerbil Nation!
Or Brexit 1776, if you prefer.
Good morning, Fatwa, and Sven!
Unfunded liability -- a nice way of saying your balance sheet doesn’t.
BTW, the CalSTRS unfunded liability is $97 billion. When you add in CalPERS, the unfunded liability of just those two retirement systems is over $210 billion, or about 10% of the state GDP. The budget for the State of California is only $125 billion.
So when I overcharge my credit card, I wasn’t like being stupid, I was just engaging in “unfunded liabilitieness.”
Every time I type that word, it comes out “liabilitities” -- I don’t know why.
Hai, Paddy!
We here at CasaK are gonna be vexed if we have to bail out teh public employee goonyuns in CA.
Meh…I’ll just add some umlauts.
Analysis -- True:
From 2013:
It’s like BBQ pron. Cool.
…and a reminder of how far we’ve fallen as a nation.