Tag "Californians for Retirement Security"

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Local governments in no mood for CalPERS’ happy talk

Last week’s announcement by the California Public Employees’ Retirement System that it had strong 11.2 percent returns on its investment portfolio in 2016-2017 after terrible returns the two preceding years prompted ebullience from the pension giant’s supporters. Sacramento Democratic insider

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Post-Stockton, Democrat job-retention myth certain to be exposed

Both parties have bogus canards that they trot out when convenient. The worst example of this among Republicans is the idea that tax cuts always pay for themselves — that they lead to higher revenue. It could well be true

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Steve Maviglio, pension sage: Why it’s a laughable spectacle 32

April 2, 2013 By Chris Reed Steve Maviglio, a leading consigliere to top Sacramento Democrats for more than a decade, now regularly pretends to  a new role. Even though he’s on Speaker John Perez’s payroll, Maviglio offers himself up on

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