https://pjmedia.com/richardfernandez/2010/11/19/gold-is-where-you-find-it/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 06:19:20 -0400<![CDATA[Joe Nation at Stanford&#8217;s Institute for Economic Policy Research says that California&#8217;s public employee pension funds may be underfunded by $200 billion. The Orange County Register says the taxpayer is ultimately on the hook for whatever the pension fund shortfall turns out to be. The estimates vary. &#8220;An analysis by the Foundation for Education Choice estimated California public retirement systems&#8217; unfunded liabilities at $326 billion, more than three times the state&#8217;s own estimate.&#8221;]]>Fri, 19 Nov 2010 13:39:09 -0500<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2010/11/19/gold-is-where-you-find-it-n190121