HERE...I READ THE ARTICLE FOR YOU....Holdor » 01 Jul 2022, 5:56 pm » wrote: ↑ You are mistaken Calif actually has a Budget Surplus, and Pays its Loans, unlike Trump who get the work done then declares he is unable to pay and declares chapter 11 Bankruptcy.
WOW..!! You really are obsessed with him..!Holdor » 01 Jul 2022, 6:03 pm » wrote: ↑ Trump has Real Estate Holding of 2.1 Billion down from 2.3 Billion, he has to sell something every few years for Cash.
GHETTOBLASTER » 01 Jul 2022, 6:09 pm » wrote: ↑ HERE...I READ THE ARTICLE FOR YOU....
A conservative estimate of California’s total debt by the California Policy Center in a 2017 study – before new tax and bond obligations recently voted in were factored – puts California’s total local and state debt at $1.3 trillion. The Stanford University Pension Institute (www.pensiontracker.org) in 2017 calculated California’s unfunded liability at $1.4 trillion and CalPERS also with an unfunded liability of $1.4 trillion, with CalSTRS billions underwater as well to give, “real state debt of $2.8 trillion.”
GHETTOBLASTER » 01 Jul 2022, 6:19 pm » wrote: ↑ WOW..!! You really are obsessed with him..!
Which hand does he use to write with...?
His favorite brand of beer..?
Chewing gum..?
Holdor » 01 Jul 2022, 6:20 pm » wrote: ↑ Yeah I admitted local and County Debt all added together may be in the Trillion, Banks are willing to give these Municipalities loans, what is the Problem?
I have tons of Money and I use credit cards all the time, I have to send them a payment.
You are saying the loans to Municipalities is part of Califs debt, it is not. Calif is a good credit risk,
Trump is not a good credit Risk.
roadkill » 28 Jun 2022, 8:27 am » wrote: ↑ California's so called budget surplus is eclipsed by unfunded liabilities, etc.
Why are you this stupid, road?so called budget surplus
You can't hope to make Recidivist Supply Side Voting Deficit Hawks understand this.Holdor » 01 Jul 2022, 6:28 pm » wrote: ↑ Yeah explain it to me. Why are these banks willing to give loans to Municipalities?
That is what you people are counting as Califs Debt.
Blackvegetable » 01 Jul 2022, 7:31 pm » wrote: ↑ You can't hope to make Recidivist Supply Side Voting Deficit Hawks understand this.
roadkill » 28 Jun 2022, 7:22 am » wrote: ↑ Bv claims California has a budget surplus.
"CALIFORNIA DOESN’T HAVE A BUDGET SURPLUS"
"It’s become common folklore that California is booming and incoming Governor Newsom and the Democratic supermajority have more taxpayer money than they will know how to spend, save, or invest. Nothing could be farther from the truth;"
http://www.newgeography.com/content/006 ... et-surplus
Trust me, it is NOT an either/or. When it comes to lying AND being uninformed, that boy can walk and chew Bubba Gump.