LACERS: L.A. City Pension Problems (Past and Present)

PAST PENSION PROBLEM: Remember when the LACERS experts were discussing the pension packing problems at the council meeting a few months ago and said the MAIN problem with the pension losses was the "Henry Cisneros Workforce Housing." That was Eric's BIG thing, AND...WENDY has a long history with Cisenros HUD workforce housing.

PRESENT PENSION PROBLEM: The other problem the LACERS pension experts said was the problem is the mayor's "packing" of the pension board with four people. The expert said this is too much power and influence on the board. And now we have heard that Villar's pal and consultant Ari Swiller bought land DWP was looking at for wind farms. PENSION MONEY WAS USED. (YOU HAVE KNOW IDEA HOW CLOSE ARI SWILLER AND THE MAYOR ACTUALLY ARE.) But the real problem with the pension money and it's bankrupting effect on the city is it was invested in shady downtown real estate projects (luxury condo towers), but developers ran a "Madoff" scheme where they simply took all the money and simply pilfered (stole) it...thinking they would always be able to cover it...but the music ended, and they were caught with their pants down. I bet it will be discovered that certain luxury condo tower developers were accepting cash payments as rent and were putting it in their pockets. So these luxury housing projects are going bankrupt in a "Madoff-like" scam -- PENSION MONEY WAS USED...AND NOW JUDGES ARE WORKING OUT SETTLEMENTS FOR PENNIES ON THE DOLLAR.

Good luck to any incumbant who thinks they will be re-elected to anything in the future. Do you think Obama wants a bunch of out of control Democrats to make him look bad? THE STUFF HASN'T HIT THE FAN...but if Zuma Dogg knows, so does the Obama administration.

And you know what makes Council REALLY nervous, from what I was told?: I've just sat here for the past three years and made a bunch of big and bold predictions that have now all come true and there is only more left: INDICTIMENTS.

REMEMBER THERE IS AN ELECTION THIS TUESDAY AND I AM ON THE BALLOT. THE REFORMERNATOR!

Zuma Dogg Sunday TWITTER Rantings (Better Than UFC Showdown: Obama vs Villaraigosa, Coming Soon To Cable News?)

# Saw Pretty-boy/Gucci wearing/needing to be bathed in luxury/punk-ass Fabian Nunez. Said he doesn't know me, so guess I can blog what I want.half a minute ago from web

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Politically dead Fabian Nunez talks like a "SacTown" tough guy in public but he's nothing but a soft-heart who needs to be bathed in luxury.40 minutes ago from web

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I wish State of California had back all the taxpayer dollars Fabian Nunez spent on Gucci purses, and over-priced wine and cheese parties.about 1 hour ago from web

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I saw jet-setting punk-ass Nunez at City Hall using a Yukon w/driver. WHY? Not like he's a politician? Needs to save money for legal bills.about 1 hour ago from web

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I know doorman who worked at building the has-been, Gucci purse wearing, punk Fabian Nunez used to live in. Lots of guys going in and out.about 1 hour ago from web

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I saw that sissy-boy punk Fabian Nunez at City Hall last week. He said he didn't know me or read my blog, so I can say what I want, I guess.about 1 hour ago from web

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I asked Garcetti (early Obama supporter) if he'd be joining Obama, after election. He said, "No, DC is too cold." I don't think that's why.about 1 hour ago from web

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ZD hears Obama would like to see clean sweep at LA City Hall with ALL NEW OUTSIDERS elected into office. OBAMA DON'T CARE ABOUT ANY OF 'EM!about 1 hour ago from web

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While we're talking about Obama being pissed over pension money pushed into shady CRA projects, Alarcon's Museum project is on radar, too.about 1 hour ago from web

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Does Villar think you can "flip" pension money on Wall St & CRA projects behind back, lose $7 BILLION - and NOT get indicted? Obama doesn't.about 1 hour ago from web

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After ZD complained LACERS pension money invested in CRA Grand Ave Project was too risky, they SAID they pulled out. Not soon enough, if so.about 2 hours ago from web

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ZD thought CRA was so shady I wrote LA Weekly article on their Grand Ave Project. I saw pension money invested and called for investigation.about 2 hours ago from web

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ZD hears Obama is also pissed that L.A. mayor was allow pension money to be "flipped" on Wall St and CRA projects. It "flopped." INDICTMENTSabout 2 hours ago from web

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L.A. Stimulus $ was for new transpo jobs like sub and rail, but Villar used for LAX, Port, DWP, etc budgets. OBAMA WANTED NEW JOBS CREATED!about 2 hours ago from web

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ZD hears if Vacation-Villaraigosa doesn't create those jobs the Stimulus Money was sent to L.A. for by Aug/Sept it will be buh-bye Antonio.about 2 hours ago from web

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I'm told Obama really HOPE & EXPECTED the FED job stimulus money to WORK in L.A. to help JUMP-START big chunk of problem. Villar went shady.about 2 hours ago from web

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Do not think Obama is not PERSONALLY on top of the L.A. jobs situation and how the stimulus money for jobs was spent. L.A. is BIG enough!about 2 hours ago from web

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The thing OBAMA is FUMING at L.A. Mayor Villaraigosa about, from what I hear, is mayor took stimulus money for jobs and blew it elsewhere.about 2 hours ago from web

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I'm not saying I think Obama would see ZD email to the White House, but my friend thinks I'm on that "radar list" that they/he would see it.about 2 hours ago from web

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@tobaccomadia The reason my homie thinks Obama would see the email I sent him is because friend thinks I'm "on the radar" for my activism.about 2 hours ago from web

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@tobaccomadia Anyone can send email to Obama at Whit House, but whether Obama sees it is another question. My friend thinks he'll see ZD's?about 2 hours ago from web

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Left turn signal at Wash/Lncl Blvd may not be timed short on purpose so cops can write tickets, but just saw 3 of them doing it. I WARNED!about 2 hours ago from web

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Cops writing left-turn sginal tickets at intersection ZD complained was timed short so cops could write tickets. CM said, "That's not why."about 2 hours ago from web

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Not happy I have prime Venice boardwalk space to sing LIVE today with band, but really can't be walking around pushing. It's ALL sliding!about 2 hours ago from web

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Supposed to be at Venice Beach to perform LIVE in front of Sidewalk Cafe with band, but you'll have to cart me to boardwalk from MDelRey.about 2 hours ago from web

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MESSAGE TO SUBWAY: Person behind counter put way less seafood in the sub than ZD will accept. Now YOU LOST MY BIZ. ZD don't play with food!about 3 hours ago from web

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Just ordered a Seafood & Crab foot long at Subway. She measured out the "meat" so much it didn't look like enough, so ZD balked and bolted.about 3 hours ago from web

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Someone says blogging TO Obama is one thing, but if I SEND EMAIL to White House, he says Obama/staff will see it cause ZD is on THAT radar?about 3 hours ago from web

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Someone says if I email White House about Villar to general address, Obama/staff will see it, cause they "monitor" ZD. DO YOU REALLY THINK?about 3 hours ago from web

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If you haven't read my blog since Friday, a lot of dense, juicy information in those Twitter posts I blogged on http://LADailyBlog.com.about 4 hours ago from web

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If you listen to my original song, promise you'll be singing it for days: http://bit.ly/HQfDTabout 4 hours ago from web

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Have you heard my original hip-hop classic that started it ALL for ZD?: http://bit.ly/HQfDTabout 4 hours ago from web

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Zuma Dogg...SO much more than just the city's TOP blogger: ORIGINAL SONG: http://bit.ly/HQfDTabout 4 hours ago from web

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Schwarzeloser & Sacramento Clowns Can't Find Any Waste To Cut?: http://bit.ly/Ekvjvabout 4 hours ago from web

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I listened to City financial experts at meeting. L.A. is poised for a total comeback: AS LONG AS WALL STREET RALLIES BACK TO PRE-RECESSION.about 4 hours ago from web

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L.A. says they fixed budget problem except unions didn't accept deal; city will take in much less than expected; and is filled with fake BS.about 4 hours ago from web

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When I said, "State won't have to lay people off. They'll just run out of money and people will stay home,"guess I WASN'T kidding after all.about 4 hours ago from web

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ZD heard Villaraigosa has until August/September to get jobs rolling the FED stimulus money was provided for or Obama will be pushing back.about 4 hours ago from web

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ZD'S CELL PHONE RUMORS: ZD waiting to see video of Councilmember outburst captured on pincam; Obama FUMING over Villar's stimulus spending.about 4 hours ago from web

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Massive post on LAWA (Los Angeles World Airports) and LAPD. http://bit.ly/Ls1Unabout 21 hours ago from web

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Someone wants Zuma Dogg to blog about LAPD at LAX: "Attached you will find a breakdown of LAWA money being spent on housing LAPD at LAX."about 21 hours ago from web

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Again, the Most Clicked Post on BNN CA Ranker is ABOUT Zuma Dogg, not actual politicians, because ZD is BIGGER! "NIGHTMARE ZD" post=#1 BNN.about 22 hours ago from web

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I just blogged the most explosive, inside-FED-info about Obama and Villaraiogsa, but who cares. I'm still homeless and hungry on July 4th.about 24 hours ago from web

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Problem w internet: In past if Alarcon, Greuel, Garcetti, Villar or politician FUCKED with someone, they couldn't have ZD expose it on blog.about 24 hours ago from web

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New post about ZD hearing rumors Obama is PISSED at Villaraigosa over spending of Federal Stimulus money for jobs. http://LADailyBlog.comabout 24 hours ago from web

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HEY GARCETTI, GREUEL, ALARCON, HUIZAR...BETTER READ THE TWITTER TWEET ZD JUST POSTED DIRECTLY BELOW THIS ONE ABOUT OBAMA AND LA CITY HALL.about 24 hours ago from web

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ZD hears Obama is REALLY pissed about L.A. Mayor's spending of FED stimulus money and he wants a clean sweep of city hall w/all new people!about 24 hours ago from web