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It’s Your Backyard Ventura County By Stephen Frank For years CalPERS has been lying about the return on investment. For many years they claimed it was 7.75%–regardless of how low the returns were. Then, when the outrage got too much, they claimed it was 7.5%. Now, once again caught lying, it is officially, 6.5%–regardless of the facts. Actually, […]
Tags: California Polical News and Views, CalPERS, Public Sector, Stephen Frank, Unions