out of uniform, sergeant hutto can be more candid about his opinions, both as a private citizen and as the vice president of stockton s police union. the real problem with the city s finances lies in right here, downtown redevelopment. according to hutto, when the city was borrowing and spending to develop the waterfront, they neglected to put money into the employee pension system. during that same time frame, you know, california public employees retirement system was doing so well that they said stockton, you don t have to make the payments. you can put that money into an investment account and earn interest or whatever. so when the stock crashed and said okay, all that money you owe us, go ahead and pay us now, take it out of your investments. well, stockton didn t have investments. they spent it. our retirements bought this. so, yeah, we re to blame because we still want our retirement. but they re the ones that spent our money. they didn t pay their bill for, you know, eigh
his opinions, both as a private citizen and as the vice president of stockton s police union. the real problem with the city s finances lies in right here, downtown redevelopment. according to hutto, when the city was borrowing and spending to develop the waterfront, they neglected to put money into the employee pension system. during that same time frame, you know, california public employees retirement system was doing so well that they said stockton, you don t have to make the payments. you can put that money into an investment account and earn money or whatever. so when the stock crashed and said okay, all that money you owe us, go ahead and pay us now, take it out of your investments. well, stockton didn t have investments. they spent it. our retirements bought this. so, yeah, we re to blame because we still want our retirement. but they re the ones that spent our money. they didn t pay their bill for, you know, eight or nine years. yeah. and it s your fault? yeah.
absolutely. we can do that. yeah, absolutely. out of uniform, sergeant hutto can be more candid about his opinions, both as a private citizen and as the vice president of stockton s police union. the real problem with the city s finances lies in right here, downtown redevelopment. according to hutto, when the city was borrowing and spending to develop the waterfront, they neglected to put money into the employee pension system. during that same time frame, you know, california public employees retirement system was doing so well that they said stockton, you don t have to make the payments. you can put that money into an investment account and earn money or whatever. so when the stock crashed and said okay, all that money you owe us, go ahead and pay us now, take it out of your investments. well, stockton didn t have investments. they spent it. our retirements bought this. so, yeah, we re to blame because we still want our retirement. but they re the ones that spent our money.
here, downtown redevelopment. according to hutto, when the city was borrowing and spending to develop the waterfront, they neglected to put money into the employee pension system. during that same time frame, you know, california public employees retirement system was doing so well that they said stockton, you don t have to make the payments. you can put that money into an investment account and earn money or whatever. so when the stock crashed and said okay, all that money you owe us, go ahead and pay us now, take it out of your investments. well, stockton didn t have investments. they spent it. our retirements bought this. so, yeah, we re to blame because we still want our retirement. but they re the ones that spent our money. they didn t pay their bill for, you know, eight or nine years. yeah. and it s your fault? yeah. so. [ gasps ] these are sandra s homemade yummy, scrumptious bars. hmm?
citizen and as the vice president of stockton s police union. the real problem with the city s finances lies in right here, downtown redevelopment. according to hutto, when the city was borrowing and spending to develop the waterfront, they neglected to put money into the employee pension system. during that same time frame, you know, california public employees retirement system was doing so well that they said stockton, you don t have to make the payments. you can put that money into an investment account and earn money or whatever. so when the stock crashed and they said okay, all that money you owe us, go ahead and pay us now. take it out of your investments. well, stockton didn t have investments. they spent it. our retirements bought this. so, yeah, we re to blame because we still want our retirement. but they re the ones that spent our money. they didn t pay their bill for, you know, eight or nine years. yeah. and it s your fault? yeah.