Stockton voters should pay attention to the crooks running for office

‘Ponzi Scheme’
“There was no money set aside to fund those commitments,” Stockton City Manager Bob Deis told Capital Public Radio in reference to $760 million in city debt and unfunded liabilities. “While that was a legal decision they made over 20 years, it was an unsound decision and it has similarities to a Ponzi scheme.”
Blaming past councils, Deis pointed to a health-care plan that pays the entire cost of care for every city employee and spouse for life, after only one month on the job. “In my 32 years of managing finances for various local governments, I have never heard of a situation like this,” he added.
As Bloomberg News reported, the city “granted employees some of the state’s most generous benefits, and now has 94 retirees with pensions of at least $100,000 a year -- more than twice as many as some comparably sized California cities.” Bloomberg

You should be able to tell when your politician is running a scam, then speak up. California politicians are corrupt, always remember that.