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pension obligations

3 statements across 3 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Feb 20, 2021 by David Sacks · across every show →

Everything said about pension obligations, oldest first

Feb 20, 2021 bearish
Assertion Supported
Sacks: California has accumulated $1 trillion in unpayable pension obligations
“I mean, there's a California version of this where we've accrued a trillion dollars of pension obligations that we have no ability to pay”
David Sacks Feb 20, 2021 ▶ 1:13:16 E23: Radical DAs, breaking down FB/Google vs. Australia, sustained fear post-vaccine & fan questions
Dec 31, 2025 bearish
Assertion Not checkable as stated
Friedberg: California must borrow over $500B for pension obligations
“The state of California is going to have to borrow somewhere on the order of another This is gonna sound crazy. Half a trillion dollars plus in order to pay out their current pension obligations.”
David Friedberg Dec 31, 2025 ▶ 1:02:34 Massive Somali Fraud in Minnesota with Nick Shirley, California Asset Seizure, $20B Groq-Nvidia Deal
Jan 31, 2026 negative
Assertion Open · timeframe Jan 2029
Friedberg: California faces a trillion-dollar pension fiscal cliff
“California has a trillion dollar fiscal cliff coming up because of the pension obligations.”
David Friedberg Jan 31, 2026 ▶ 1:25:37 ICE Chaos in Minneapolis, Clawdbot Takeover, Why the Dollar is Dropping
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