Posts Tagged ‘pensions’

How will Brown budget proposal address pensions, taxes, debt?

Monday, January 6th, 2014

California's budget battles will begin on Friday when Gov. Jerry Brown releases his proposal for fiscal year 2014-15, which begins on July 1. The media and political buzz in the Capitol building is that the state has a surplus -- and maybe voters even are ready for higher taxes. "We now fin...

EDD employees nap, watch TV, surf net, while claims stack up

Tuesday, December 17th, 2013
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My three-part series about the Employment Development Department computer system upgrade has some in the agency wanting to unload. Apparently EDD officials' explanation of the newly updated $100 million computer system "glitches," and claims of understaffing, aren't the whole story, according to som...

What is the CA Agricultural Labor Relations Board?

Thursday, November 21st, 2013
bio_gshiroma

Editor's note: This is Part 1 in a series on the ALRB. California government includes many boards and commissions with members appointed by the governor. Most people never get to see who these decision makers are, despite the far-reaching effects of their decisions on the people of the state. ...

Is Jerry Brown eyeing the White House again?

Thursday, October 24th, 2013
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Gov. Jerry Brown’s crack public relations team has been hard at work convincing the rest of the country that he has sparked a California turnaround. The New Republic even recommended to President Obama that, in his second term, he should “study the Moonbeam” for help cleaning up the growing li...

BART strike is a teachable moment

Wednesday, October 23rd, 2013
Bart system map

Reactions from the press and public to the BART strikes this year have been overwhelmingly negative. In one of the safest Democratic strongholds in the U.S., there is serious talk of outlawing future BART strikes. As reported in the San Francisco Chronicle on October 19: “That discussion ha...

Could 12,000 lawmakers fix what ails California?

Tuesday, October 22nd, 2013
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The one thing mhow to get your ex backost Democrats and Republicans seem to agree on is that special interests have too much influence in politics. The little guy is feeling less and less relevant -- especially at the voting booth. John Cox says the best way to fix this is by electing a larger Le...

Life imitates sci-fi: Why CA pension crisis is sure to get far worse

Monday, September 16th, 2013
LifeExpectancy

The debate in California over public employee pensions has grown familiar in recent times. Those who demand reform finally appear to have momentum. In Sacramento, Gov. Jerry Brown won passage of a pension reform measure in September 2012. While many thought it didn't go nearly far enough, its app...

LAT’s Steve Lopez finally figures out life in California

Sunday, August 25th, 2013
steve-lopez

For years, I've written about the muddled thinking of liberal California pundits when it comes to government spending. I find it amazing how little comprehension there is that every dollar that is spent for unnecessary public employee compensation and every dollar that is spent for unnecessary envir...

Social Security is healthy compared to public-sector pensions

Wednesday, July 31st, 2013
pension, cagle, Beeler, July 31, 2013

Last week yet another missive on the lessons to be learned from Detroit’s bankruptcy was published, this time in Forbes Magazine by Jeffrey Dorfman, an economist at the University of Georgia. Dorfman’s article, “Detroit’s Bankruptcy Should Be A Warning To Every Worker Expecting A Pension, Or...

CA take note: Detroit bankruptcy could slash pensions 90%

Thursday, July 18th, 2013

Detroit declared bankruptcy today. For California, here are the takeaways from the Detroit News report: "A bankruptcy judge could trump the state constitution by slashing retiree pensions, ripping up contracts and paying creditors roughly a dime on the dollar for unsecured claims worth $11.45 b...