jack kreg's Comments jack kreg's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/129771/comments The Electric Car Will Usher in Smart Grid 2.0 http://seekingalpha.com/article/175114-the-electric-car-will-usher-in-smart-grid-2-0?source=feed#comment-775566 775566 Tue, 24 Nov 2009 14:17:59 -0500 Itron, Comverge Test Plug-In Car Charging Control http://seekingalpha.com/article/174145-itron-comverge-test-plug-in-car-charging-control?source=feed#comment-767634 767634 Thu, 19 Nov 2009 13:42:45 -0500 Government Financing Slow to Drive Solar Deals http://seekingalpha.com/article/174230-government-financing-slow-to-drive-solar-deals?source=feed#comment-767555 767555
Current areas, that would increase American jobs, would include;
-conversion of Americans transportation systems, for sure cars and trucks, to compressed NG, a cheap, abundant in USA, and clean burning fuel.
Also, systems to convert our coal supply into a clean burning liquid fuel that is free of toxic metals.

These moves are sooo compelling to any technically savvy person, the term "SLAM DUNK" comes to mind.

Both of these moves will create prosperity in the USA, instead of destroy it thru senseless subsidy's, paid for with borrowed money from Asia, which will indenture our children throughout their lifetimes. ]]>
Thu, 19 Nov 2009 12:52:57 -0500
Current areas, that would increase American jobs, would include;
-conversion of Americans transportation systems, for sure cars and trucks, to compressed NG, a cheap, abundant in USA, and clean burning fuel.
Also, systems to convert our coal supply into a clean burning liquid fuel that is free of toxic metals.

These moves are sooo compelling to any technically savvy person, the term "SLAM DUNK" comes to mind.

Both of these moves will create prosperity in the USA, instead of destroy it thru senseless subsidy's, paid for with borrowed money from Asia, which will indenture our children throughout their lifetimes. ]]>
Ethanol vs. Natural Gas or Coal: Comparison Not Even Close http://seekingalpha.com/article/174220-ethanol-vs-natural-gas-or-coal-comparison-not-even-close?source=feed#comment-767532 767532 So, near term, lets get NG into more power plants replacing the oldest coal plants first, AND
Second, lets begin to rapidly convert our transportation systems to run on compressed NG, as much as possible, cars, trucks, buses can be converted, new systems are not required, simply conversion. We will also need to address the delivery of compressed NG to the consumer.

Great Article, I just sent President Obama a compelling email for him to replace the current Sec of Energy with none other than yourself.
Hope that you will hold your nose and accept.
thanks for excellent article. ]]>
Thu, 19 Nov 2009 12:41:41 -0500 So, near term, lets get NG into more power plants replacing the oldest coal plants first, AND
Second, lets begin to rapidly convert our transportation systems to run on compressed NG, as much as possible, cars, trucks, buses can be converted, new systems are not required, simply conversion. We will also need to address the delivery of compressed NG to the consumer.

Great Article, I just sent President Obama a compelling email for him to replace the current Sec of Energy with none other than yourself.
Hope that you will hold your nose and accept.
thanks for excellent article. ]]>
IEA Whistleblower: Governments Underplaying Peak Oil http://seekingalpha.com/article/172539-iea-whistleblower-governments-underplaying-peak-oil?source=feed#comment-755628 755628 NG continues to become more and more abundant, not only in the USA, where its so abundant that new drilling is being postponed, but also in South Asia, where the worlds largest energy co's are building massive production and liquefaction facilities.
Peak oil neglects NG as a very attractive alternative. ]]>
Wed, 11 Nov 2009 13:24:29 -0500 NG continues to become more and more abundant, not only in the USA, where its so abundant that new drilling is being postponed, but also in South Asia, where the worlds largest energy co's are building massive production and liquefaction facilities.
Peak oil neglects NG as a very attractive alternative. ]]>
Municipal Bonds: A Clear Case of Buyer Beware http://seekingalpha.com/article/172642-municipal-bonds-a-clear-case-of-buyer-beware?source=feed#comment-755616 755616 Meg Whitman is running on a platform of reductions in the state gov labor force, I think its only a few years off, before state pensions will go 401K, and all defined benefit obligations will be converted to 401K.

Hopefully, these measures will prevent the state gov's from holding muni lenders hostage with threats of BK, and gov re-finance of muni debts.
I'm supporting the Whitman campaign, it may be the only thing standing in-between a solvent state gov and BK under Jerry Brown.
PS, I would sell CA munis if Jerry (moonbeam) gets elected. ]]>
Wed, 11 Nov 2009 13:18:31 -0500 Meg Whitman is running on a platform of reductions in the state gov labor force, I think its only a few years off, before state pensions will go 401K, and all defined benefit obligations will be converted to 401K.

Hopefully, these measures will prevent the state gov's from holding muni lenders hostage with threats of BK, and gov re-finance of muni debts.
I'm supporting the Whitman campaign, it may be the only thing standing in-between a solvent state gov and BK under Jerry Brown.
PS, I would sell CA munis if Jerry (moonbeam) gets elected. ]]>
Toward an Economic Model for Gas-to-Liquid Fuels? http://seekingalpha.com/article/166265-toward-an-economic-model-for-gas-to-liquid-fuels?source=feed#comment-714101 714101 Overall, good news, but then what else would you expect from one of the worlds best company's. ]]> Tue, 13 Oct 2009 13:47:47 -0400 Overall, good news, but then what else would you expect from one of the worlds best company's. ]]> Why Is Congress Agnostic About Natural Gas? http://seekingalpha.com/article/160548-why-is-congress-agnostic-about-natural-gas?source=feed#comment-672634 672634 Did you see Special edition in Wall Street Journal this week, must have been Tuesday, 8 Sept 09,
All promoting Nuclear energy in USA, It was a "small", maybe 5 pages, special edition, covered the whole message of promotion;
concept is perfect for NG, transform article to NG, your agruments for NG are far more compelling than the nuclear arguments,
when I return from traveling, currently in NY, I am going to contact the author of the nuclear article and challenge to write one on NG.
Best to you Fritz, keep up your excellent work and attitude. ]]>
Fri, 11 Sep 2009 15:48:24 -0400 Did you see Special edition in Wall Street Journal this week, must have been Tuesday, 8 Sept 09,
All promoting Nuclear energy in USA, It was a "small", maybe 5 pages, special edition, covered the whole message of promotion;
concept is perfect for NG, transform article to NG, your agruments for NG are far more compelling than the nuclear arguments,
when I return from traveling, currently in NY, I am going to contact the author of the nuclear article and challenge to write one on NG.
Best to you Fritz, keep up your excellent work and attitude. ]]>
4 Dividend Stocks to Hedge Against Social Security Failure http://seekingalpha.com/article/158173-4-dividend-stocks-to-hedge-against-social-security-failure?source=feed#comment-645657 645657 What does SS negative cash flow really mean, simply that we must borrow or print the deficit.
As to the integrity of US borrowing, eg Cross, true, we have paid all debts, however after Obama increases our debt over the coming decade, our US$'s will be worth far less to the lender's. So, as to the integrity of Obama's USA?? pretty thin integrity, in my opinion!!]]>
Tue, 25 Aug 2009 13:08:57 -0400 What does SS negative cash flow really mean, simply that we must borrow or print the deficit.
As to the integrity of US borrowing, eg Cross, true, we have paid all debts, however after Obama increases our debt over the coming decade, our US$'s will be worth far less to the lender's. So, as to the integrity of Obama's USA?? pretty thin integrity, in my opinion!!]]>
California Comes to a Cowardly Compromise http://seekingalpha.com/article/150169-california-comes-to-a-cowardly-compromise?source=feed#comment-597098 597098 An amazing statement, given that CA teachers are highest paid in country, working about 9 months, or 3 months less than the rest of us,
CA education system spends over $300,000/year running each classroom, the teacher gets less than $100,000 including benefits, and the state bureacracy wastes much of the rest, funding personnel who barely support our childrens education.
The state school budget could be cut by a 1/3 and still have funds to raise the salary's of teachers, and their aids. Further, still leaving over $100,000/year to fund NON classroom expenses. ]]>
Tue, 21 Jul 2009 17:43:36 -0400 An amazing statement, given that CA teachers are highest paid in country, working about 9 months, or 3 months less than the rest of us,
CA education system spends over $300,000/year running each classroom, the teacher gets less than $100,000 including benefits, and the state bureacracy wastes much of the rest, funding personnel who barely support our childrens education.
The state school budget could be cut by a 1/3 and still have funds to raise the salary's of teachers, and their aids. Further, still leaving over $100,000/year to fund NON classroom expenses. ]]>
Six Signs Economy Is Turning the Corner http://seekingalpha.com/article/149569-six-signs-economy-is-turning-the-corner?source=feed#comment-595212 595212
BUT, new American job creation is years off, perhaps a lost decade of job creation is being legislated in Congress, with a newly socialized energy and health industry, I anticipate years of high joblessness, perhaps a lost decade,
Are we waiting for 2020 to get new American jobs?
Well I would take the 3 million that Obama promised in his campaign??
where are they, ghost jobs??]]>
Mon, 20 Jul 2009 12:20:49 -0400
BUT, new American job creation is years off, perhaps a lost decade of job creation is being legislated in Congress, with a newly socialized energy and health industry, I anticipate years of high joblessness, perhaps a lost decade,
Are we waiting for 2020 to get new American jobs?
Well I would take the 3 million that Obama promised in his campaign??
where are they, ghost jobs??]]>
Natural Gas May Be Just the Solution for This Economy http://seekingalpha.com/article/149764-natural-gas-may-be-just-the-solution-for-this-economy?source=feed#comment-595191 595191 So, what is our masterful gov doing,
-no nuclear build up,
-no NG build up,
-massive CO2 taxation machine, costing jobs and $$ to American family's
-some are even pushing for much higher taxation of gasoline,
American energy policy and the economy are tightly connected, the current administration, has no clue what makes the economy click.
We need to convert much of our transportation vehicles to run on American NG and possibly imported LNG,
We need to begin using our significant national energy labs to develop modern nuclear energy machines, these labs are way under utilized in energy production.
Hey Fitz, keep up the good work. ]]>
Mon, 20 Jul 2009 12:11:11 -0400 So, what is our masterful gov doing,
-no nuclear build up,
-no NG build up,
-massive CO2 taxation machine, costing jobs and $$ to American family's
-some are even pushing for much higher taxation of gasoline,
American energy policy and the economy are tightly connected, the current administration, has no clue what makes the economy click.
We need to convert much of our transportation vehicles to run on American NG and possibly imported LNG,
We need to begin using our significant national energy labs to develop modern nuclear energy machines, these labs are way under utilized in energy production.
Hey Fitz, keep up the good work. ]]>
Is Hydrogen the Best of the Green Fuels? http://seekingalpha.com/article/149773-is-hydrogen-the-best-of-the-green-fuels?source=feed#comment-595160 595160
NG storage is 100's times more efficiently stored, than H2, which must be supercooled to reach liquid phase.

The American transportation industry could be transformed to use much more NG than current use, what if HALF of our family cars ran on NG, we could practically eliminate importation of foreign oil.
We would be hiring our own energy workers to provide us with our transportation fuels, instead of sending our US$$ to ME, no thank you.
NG is by far a much better fuel than H2 for America, its economy and the American people.

Drill, Drill, Drill, and NOW, for American jobs and prosperity. ]]>
Mon, 20 Jul 2009 11:57:58 -0400
NG storage is 100's times more efficiently stored, than H2, which must be supercooled to reach liquid phase.

The American transportation industry could be transformed to use much more NG than current use, what if HALF of our family cars ran on NG, we could practically eliminate importation of foreign oil.
We would be hiring our own energy workers to provide us with our transportation fuels, instead of sending our US$$ to ME, no thank you.
NG is by far a much better fuel than H2 for America, its economy and the American people.

Drill, Drill, Drill, and NOW, for American jobs and prosperity. ]]>
State Budget Woes: Are We There Yet? http://seekingalpha.com/article/148859-state-budget-woes-are-we-there-yet?source=feed#comment-589362 589362 do they cut salary's, and maintain services, like a business would?? no
do they cut hours but not salary's, yes, this completely ignores the fact that States are supposed to provide services, roads, waterways, mountains, etc, but no services is not the priority, simply cut hours, saving money yes, but also reducing services and efficiency.

States need massive cuts in salarys and benefits, they are currently way overcompensating compared to private sector, where even 401K's are hard to find.
but in the public sector, 401K's are not good enough, they (public gov worker unions) demand, defined benefit retirements plus health care, essentially no where to be found in private sector.
The local school district, SoCal, just hired a director for $250,000 plus life time benefits, thats outrageous and must come to an end. ]]>
Wed, 15 Jul 2009 13:46:33 -0400 do they cut salary's, and maintain services, like a business would?? no
do they cut hours but not salary's, yes, this completely ignores the fact that States are supposed to provide services, roads, waterways, mountains, etc, but no services is not the priority, simply cut hours, saving money yes, but also reducing services and efficiency.

States need massive cuts in salarys and benefits, they are currently way overcompensating compared to private sector, where even 401K's are hard to find.
but in the public sector, 401K's are not good enough, they (public gov worker unions) demand, defined benefit retirements plus health care, essentially no where to be found in private sector.
The local school district, SoCal, just hired a director for $250,000 plus life time benefits, thats outrageous and must come to an end. ]]>
California vs. Texas: Which Model Is Best? http://seekingalpha.com/article/148488-california-vs-texas-which-model-is-best?source=feed#comment-588280 588280
heres the link;

www.ocregister.com/art...]]>
Tue, 14 Jul 2009 18:47:13 -0400
heres the link;

www.ocregister.com/art...]]>
The Stimulus Plan: Success or Failure? http://seekingalpha.com/article/148704-the-stimulus-plan-success-or-failure?source=feed#comment-587541 587541 Now, the State gov's are getting bailed out, with much of the stimulus going to pay gov workers, and not creating new jobs.

But what else would you expect from a socialist run Fed government, Pelosi/Reid/Obama all pushing socialist programs,
Hence the stimulus will surely not creat lasting jobs in the private sector. ]]>
Tue, 14 Jul 2009 11:59:20 -0400 Now, the State gov's are getting bailed out, with much of the stimulus going to pay gov workers, and not creating new jobs.

But what else would you expect from a socialist run Fed government, Pelosi/Reid/Obama all pushing socialist programs,
Hence the stimulus will surely not creat lasting jobs in the private sector. ]]>
Commodities, Cap and Trade and Natural Gas http://seekingalpha.com/article/147829-commodities-cap-and-trade-and-natural-gas?source=feed#comment-580872 580872 this is the most irrational statement that I have ever read.

Substitution of NG for American Coal equals reduction foreign use for cars and trucks??

We have the environmentalists to thank for this NON-existent reduction in imports of foreign oil.

Sure, NG power plants are inherently cleaner burning, but what does that have to do with importing foreign oil.

I dont think that you proof read your article before posting, or_____?]]>
Thu, 09 Jul 2009 13:11:19 -0400 this is the most irrational statement that I have ever read.

Substitution of NG for American Coal equals reduction foreign use for cars and trucks??

We have the environmentalists to thank for this NON-existent reduction in imports of foreign oil.

Sure, NG power plants are inherently cleaner burning, but what does that have to do with importing foreign oil.

I dont think that you proof read your article before posting, or_____?]]>
Not All Green Jobs Were Created Equal http://seekingalpha.com/article/147250-not-all-green-jobs-were-created-equal?source=feed#comment-579718 579718
Green jobs are paid for by hard working American's in the real economy, where money is made through productive work. ]]>
Wed, 08 Jul 2009 19:14:49 -0400
Green jobs are paid for by hard working American's in the real economy, where money is made through productive work. ]]>
Will the Government Assist the Union Drive to Organize BofA’s Tellers? http://seekingalpha.com/article/147424-will-the-government-assist-the-union-drive-to-organize-bofas-tellers?source=feed#comment-577350 577350
the banking sector will simply begin reducing #'s of tellers, and buying automated machines to replace them.

Obama destroys more American jobs.

What about his promise for 3-5 million new American jobs. LIAR.]]>
Tue, 07 Jul 2009 13:20:56 -0400
the banking sector will simply begin reducing #'s of tellers, and buying automated machines to replace them.

Obama destroys more American jobs.

What about his promise for 3-5 million new American jobs. LIAR.]]>
Investing in the Pickens Plan, One Year Later http://seekingalpha.com/article/147085-investing-in-the-pickens-plan-one-year-later?source=feed#comment-575615 575615 Mon, 06 Jul 2009 11:11:51 -0400 Cap-and-Trade and the Cheap Energy Illusion http://seekingalpha.com/article/146250-cap-and-trade-and-the-cheap-energy-illusion?source=feed#comment-572319 572319 Ditch it, and Congressman Waxman while your at it.

What we really need is a good old drilling opportunity. Lets start in CA where we really need the salary's/work, the long term sources of oil/gas, and royalty's for our citizens.

Yes, now thats more like it. Low cost American sources of energy, right in our own back yard, where American jobs will be had.
Yes, Ditch Cap/Trade, global warming is phony science, cooling for last decade, all the while CO2 levels on the rise, completely nullifying the global warming theory's and models. ]]>
Thu, 02 Jul 2009 19:34:45 -0400 Ditch it, and Congressman Waxman while your at it.

What we really need is a good old drilling opportunity. Lets start in CA where we really need the salary's/work, the long term sources of oil/gas, and royalty's for our citizens.

Yes, now thats more like it. Low cost American sources of energy, right in our own back yard, where American jobs will be had.
Yes, Ditch Cap/Trade, global warming is phony science, cooling for last decade, all the while CO2 levels on the rise, completely nullifying the global warming theory's and models. ]]>
No Bailout for the Governator: California's 'Fiscal Emergency' http://seekingalpha.com/article/146546-no-bailout-for-the-governator-california-s-fiscal-emergency?source=feed#comment-572299 572299 3 major big city regions, San Diego/OrangeCounty, LA and SF, they could all be reasonable size states.
3 other inland empires, Southern Deserts, Central Valley and Northern coastal/inland, again all reasonable size states.
Then, let the regions live on their own tax bases. Consider LA, where they could tax movies, $5 ticket, to pay for the bloated LAUSD, and so on.
I actually like the idea. ]]>
Thu, 02 Jul 2009 19:17:19 -0400 3 major big city regions, San Diego/OrangeCounty, LA and SF, they could all be reasonable size states.
3 other inland empires, Southern Deserts, Central Valley and Northern coastal/inland, again all reasonable size states.
Then, let the regions live on their own tax bases. Consider LA, where they could tax movies, $5 ticket, to pay for the bloated LAUSD, and so on.
I actually like the idea. ]]>
Why Are So Many U.S. States Facing Budget Deficits? http://seekingalpha.com/article/145539-why-are-so-many-u-s-states-facing-budget-deficits?source=feed#comment-563624 563624
In CA 1000's of gov workers are paid $250,000, plus lavish lifetime retirement benefits.

My solution, 4 steps;
1-cut all state salary's over $100,000 to $99,999, no salary's over $100,000,
2-cut all state salary's under $100,000 by 10%,
3-eliminate 10% of all state jobs,
4-eliminate defined benefit retirement, convert to defined contribution, 401K retirement for all gov workers in CA.
these steps would go a long way to ending the budget crisis in CA.
Maybe add one more; freeze all gov compensation for 5 years, until we pay off recent borrowing. I really like that idea.!!]]>
Fri, 26 Jun 2009 11:19:43 -0400
In CA 1000's of gov workers are paid $250,000, plus lavish lifetime retirement benefits.

My solution, 4 steps;
1-cut all state salary's over $100,000 to $99,999, no salary's over $100,000,
2-cut all state salary's under $100,000 by 10%,
3-eliminate 10% of all state jobs,
4-eliminate defined benefit retirement, convert to defined contribution, 401K retirement for all gov workers in CA.
these steps would go a long way to ending the budget crisis in CA.
Maybe add one more; freeze all gov compensation for 5 years, until we pay off recent borrowing. I really like that idea.!!]]>
Why Does Congress Ask Fannie and Freddie to Guarantee Bad Loans? http://seekingalpha.com/article/145619-why-does-congress-ask-fannie-and-freddie-to-guarantee-bad-loans?source=feed#comment-563596 563596 Who will qualify;
-anyone with 3% down payment, income verification, probably not.
-how about illegals, not even a citizen, anyone can qualify.
thats the socialist model, loved by so many Dems.

Vote out the socialist Dems in 2010, it the only hope for a recovery of our great American Capitalism. ]]>
Fri, 26 Jun 2009 11:02:34 -0400 Who will qualify;
-anyone with 3% down payment, income verification, probably not.
-how about illegals, not even a citizen, anyone can qualify.
thats the socialist model, loved by so many Dems.

Vote out the socialist Dems in 2010, it the only hope for a recovery of our great American Capitalism. ]]>
Budget Busting Pensions Must Be Reined In http://seekingalpha.com/article/144976-budget-busting-pensions-must-be-reined-in?source=feed#comment-560751 560751 Then look at their combined pensions, my guess is that NONE of us have even a clue, how massive this cash cow (salary) and debt (pensions) really is. ]]> Wed, 24 Jun 2009 14:39:10 -0400 Then look at their combined pensions, my guess is that NONE of us have even a clue, how massive this cash cow (salary) and debt (pensions) really is. ]]> Budget Busting Pensions Must Be Reined In http://seekingalpha.com/article/144976-budget-busting-pensions-must-be-reined-in?source=feed#comment-560749 560749 One possible action would be to convert all municipal pension systems into defined contribution, distribute the current assets into someform of retirement account for public employees.
The employee's can continue to contribute tax free, and tax payers should provide another point or 2, as occurs in private 401K plans.
But defined benefit plans must end today, liquidate the assets into public employee retirement plans, much like 401K's, that puts the employees incharge of their own retirements, just like the rest of us in the private sector.
nice article. ]]>
Wed, 24 Jun 2009 14:34:52 -0400 One possible action would be to convert all municipal pension systems into defined contribution, distribute the current assets into someform of retirement account for public employees.
The employee's can continue to contribute tax free, and tax payers should provide another point or 2, as occurs in private 401K plans.
But defined benefit plans must end today, liquidate the assets into public employee retirement plans, much like 401K's, that puts the employees incharge of their own retirements, just like the rest of us in the private sector.
nice article. ]]>
Pharma Announces $80B Reduction: Who Wins? http://seekingalpha.com/article/144776-pharma-announces-80b-reduction-who-wins?source=feed#comment-559203 559203 Tax payers lose, corrupt politicians win,
we need positive change for America, not more corrupt politicians. ]]>
Tue, 23 Jun 2009 13:38:02 -0400 Tax payers lose, corrupt politicians win,
we need positive change for America, not more corrupt politicians. ]]>
Obama's Sure-Fire Formula for Accelerating Inflation http://seekingalpha.com/article/143688-obama-s-sure-fire-formula-for-accelerating-inflation?source=feed#comment-550509 550509 every thing good is cause of BO
every thing bad is cause GW!!

that sounds like logic used in government not in real world. ]]>
Wed, 17 Jun 2009 12:36:41 -0400 every thing good is cause of BO
every thing bad is cause GW!!

that sounds like logic used in government not in real world. ]]>
Corporate Profits: Where Are They Going? http://seekingalpha.com/article/143522-corporate-profits-where-are-they-going?source=feed#comment-550501 550501 As to investment, of course, we have a few more years of his destruction, during which one must invest defensively, the market will rally in 2011, as it begins to predict Obama's loss of the presidential election. ]]> Wed, 17 Jun 2009 12:28:55 -0400 As to investment, of course, we have a few more years of his destruction, during which one must invest defensively, the market will rally in 2011, as it begins to predict Obama's loss of the presidential election. ]]> Bailing Out California: Tough Talk Before Capitulation http://seekingalpha.com/article/143581-bailing-out-california-tough-talk-before-capitulation?source=feed#comment-550453 550453 1- cap all state worker salary's at $99,999, no salary's over $100,000, currently 1000's make over $200,000, thats outrageous!!
2- elimiinate 10% of all state worker jobs, at all seniority levels,
3- cut all state worker salary's by 10%,
4- convert the defined benefit retirement to 401K, currently 1000's of retired state workers receive over $200,000 in annual retirement pay, many retiring in early 50's, and thats not including full healthcare for life.
CA is out of control, and needs massive cuts in spending, if spending were cut and frozen for a decade, we would still have a large standing debt, as the state has been borrowing for years just to pay lavish worker salary's. ]]>
Wed, 17 Jun 2009 12:05:13 -0400 1- cap all state worker salary's at $99,999, no salary's over $100,000, currently 1000's make over $200,000, thats outrageous!!
2- elimiinate 10% of all state worker jobs, at all seniority levels,
3- cut all state worker salary's by 10%,
4- convert the defined benefit retirement to 401K, currently 1000's of retired state workers receive over $200,000 in annual retirement pay, many retiring in early 50's, and thats not including full healthcare for life.
CA is out of control, and needs massive cuts in spending, if spending were cut and frozen for a decade, we would still have a large standing debt, as the state has been borrowing for years just to pay lavish worker salary's. ]]>