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California Treasurer Spanks Legislature Over Pension Reform And Reckless Spending

Mike Shedlock | Sun, 10/25/2009 - 10:46pm |  Add a comment

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Inquiring minds are listening to California Treasurer Bill Lockyer who testified at an informational hearing on budget reform on October 22, 2009. The highlight of his rant is about pension reform. "It’s impossible for this legislature to reform the pension system, and if we don’t, we ban
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