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Bankruptcy Series: Cities on a future spending spree

November 9, 2012 By admin. Editor’s Note: This is the eighth in a Special Series of in-depth articles on municipal bankruptcy. Nov. 9, 2012 By Wayne Lusvardi Are the staggering forecasted public pension obligations facing state and local governments in California the result of overspending or under-taxation? The technical answer to this politically contentious question is: neither.  This i...

In San Diego, is libertarian dream alive, stalled — or dead?

November 8, 2012 By admin. Nov. 8, 2012 By Chris Reed San Diegans had an extremely unusual choice for mayor Tuesday, picking between a gay libertarian who'd already turned the city into a hotbed of government experimentation and a 20-year congressman who is a '60s-ethos liberal with serious anger-management issues. The contrast between City Councilman Carl DeMaio and Rep. Bob Filner was so unusual that it even g...

Supermajority supercharges power of unions, Dems

November 8, 2012 By admin. Nov. 8, 2012 By Katy Grimes Now that the Democratic Party in California has won a supermajority in both houses of the Legislature, what does it mean for the state of the state's politics? Democrat view Steve Maviglio, a seasoned Democtatic stratigist who has worked for former Gov. Gray Davis and former Assembly Speaker Fabian Núñez, said to expect not much will change. But he was v...

Brown could learn from Augustus about tax flight

November 8, 2012 By admin. Nov. 8, 2012 By Wayne Lusvardi California Gov. Jerry Brown often portrays himself as the modern version of an ancient Greek or Roman philosopher king.  A majority of the voters on Nov. 6 approved Brown’s  “millionaire’s tax” on people making more than $250,000 a year, Proposition 30.  But Brown could learn something from Roman Emperor Augustus about how to sustain a tax on t...
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