Wednesday, July 22, 2015

Supes Dealing With County Pension Problems

The Times- Standard did a good job explaining the county's employee pension liabilities. It's good to see the Board of Supervisors have publicly recognized the problem and are considering action to deal with it. Establishing the trust fund to help pay the debt sounds the best to me. 

Next question: Has the City of Eureka been doing anything to deal with their pension debt?


At 9:29 AM, Anonymous Anonymous said...

Ah yes, a "trust fund". Would Humboldt Co be able to invest in, say, the Romney Boys trust fund (or replication thereof)?

Perhaps a new derivation of "derivative" funding within an even more DE-regulated Wall Street as proposed by certain political interests who have, apparently, learned nothing?

Any ideas?

Greece Future Equity Funding might be a good item to get into on the ground floor.
Shares in "too big to fail" banks might be another.
Maybe Rob Arkeley might have a few projects that need funding. A new newspaper?

The key to a good trust fund is the WHAT you actually put the county spare cash HA! (forgive me) into. Fire away.


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