Tuesday, October 18, 2011

It Just Keeps Getting Worse for California

Doug over at Director Blue has another reason to NOT move to California. Actually, if you read his post, he has highlighted several reason why moving to Cali is not in your best interest.

Seems the teacher’s pension gap is huge (as in: HHHUUUUGGEEEE!!!!!).

Combined, all pension obligations are nearly $500 billion, as in one half a trillion.

Cities cannot file bankruptcy; instead have to go to mediation.

But hey, the state will always have Hollywood. Wait, maybe that isn’t such a good thing since that comes with Matt Damon and Michael Moore.

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