Wednesday, August 18, 2010

Some links on Bell City ongoing civic corruption - a microcosm of CA public employee pension racket

A compilation of links on Bell City ongoing civic corruption

Bell gave employees more than $1.5 million in loans

http://www.latimes.com/news/la-bell-loans-m,0,2287711.story?track=rss

http://latimesblogs.latimes.com/lanow/2010/08/bell-robert-rizzo-compensation-million.html

http://t.co/ejkdChZ

http://bit.ly/dlk3Jb

http://bit.ly/9mg99d

I have viewed Bell scandals at some length, and i am convinced that Bell is a microcosm of the gigantic criminal syndicate racket called the CA state pension plan. What happened with bell has happened all over CA, as we have state/county/city public employee unions basically Bankrupting CA thru running/piling up outrageous pensions.

The entire state/municipal gov racket is designed to insure that CA gov employees
are financially well provided for life, even after they retire at mid age, say 50. No matter if economy tanks or revenue dries up, the state will protect and pay its employees handsomely, even if they have to bleed taxpayers to death. This is called a racket.
It is in fact a criminal racketeering syndicate, the worlds largest. A conspiracy by CA public employees to reward themselves by looting the CA taxpayers out of every dime and nickle.
No matter if CA is reeling from an economic calamity/near-depression and 20% REAL UE. No matter that state revenues have declined by 20-30% since 2008. The state workers must be protected by all means even if they must beg the Fed for a handout, which President Obama provided by injecting 26 billion into CA coffers to save public employee jobs and pensions.

What we have is the State of CA and it's state public workers ganging up against it's citizens to protect their racketeering enterprise, which is to buffer PEU's and their public pensions from economic calamities, and continue to inflate PEU pensions to the point of bankrupting the state.


All the recent news about CA going after Bell is just a politically motivated ploy just before Nov. midterms elections to gain points for Dem attorney Gen/Gov candidate Jerry Brown and states dominant Dem political classes, who are using Bell scandals and CA going after Bell to deceive the public that CA Gov really cares About public corruption. That is a lie. CA public employees only take care of their own and could care less about the public. They are only interested in power and insulating themselves from any budget cutbacks of their lavish ill-gotten financial gains. CA public employees are among the highest- paid in USA with 100% state paid health benefits and pensions. CA PEUs' have in fact become the 21st century version of a feudal ruling class.

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