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The Governator as a young boy in Austria. More reasons NOT to bail out California.
We covered this topic in more detail late last week. More evidence has emerged to illustrate the level of fiscal insanity that can be found in municipalities across California. The abuse of the public purse is rampant. It is absolutely vital to taxpayer fairness and integrity that bloated states be forced to pare back and cut their egregious spending during the recession. Pension corruption (what else do you call legal theft?) is commonplace and, sadly, almost the norm. The taxpayer is getting screwed left and right, and not in a good way.
Read about the City Manager from tiny Vernon (in LA County) making 600k per year after the jump. And that's just the start. Warning: unlike jr. Scharzenegger above, it's not so pretty.
Word to the wise for those who attack me for criticizing police and fire pensions. Neither occupation is even in the top 10 of most dangerous careers, so back off.
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