“CalPERS Is Near Insolvency; It Needs A Bailout Soon” – Former Board Member Makes Stunning Admission – Zero Hedge

With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too

Audio and summary linked here.

A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.

Everybody needs a side hustle these days, and mine is Ukraine, where I am now.