Tag "pensions"
Back to homepageS.F. Bay Fire & Cops Watch Man Drown
JUNE 2, 2011 By JOHN SEILER Fire and police rescue crews stood by — for a full hour — while a man drowned in S.F. Bay. What kind of people are these? MSNBC reports (the link includes a video): Interim
Read MoreBee's Glaring Op Ed Omission
Katy Grimes: Martha Penry, “a special education teacher’s assistant in the Twin Rivers school district” wrote an op ed in today’s Sacramento Bee, defending the escalating and unsustainable spending on California’s public employee pensions, and even blamed “Wall Street greed” for the
Read MoreGovt. Pension Crisis Gets Worse
John Seiler: An excellent article in today’s Contra Costa Times by columnist Daniel Borenstein reports that the state’s government pension crisis is even worse than we thought: IF THERE’S any hope of resolving the California public-employee pension dilemma, it must
Read MoreGovt. Worker Suicide Was Cokehead
John Seiler: Remember the government worker, Huy Pham, who jumped from a government building in Costa Mesa after he was laid off? Pro-government unions and politicians still are blaming his death on the mean City Council of Costa Mesa that
Read MoreUnions Say: 'Shut Up and Pay Us'
MAY 16, 2011 Yet another report confirms the enormous liabilities that California taxpayers must endure to pay for pensions for public employees. The study, released May 5 at a Pension Boot Camp for elected officials held near Sacramento by the
Read More$594,976 Vac Pay for Gov. Worker
John Seiler: Incredible. Even after all that has been revealed about the immense government-worker pay, perks and pensions that have bankrupted California state and local governments, more shocking revelations keep coming up. This is from today’s L.A. Times: Reporting from
Read MorePublic Servants Lack Accountability
May 2, 2011 Union arguments in favor of their members’ lush pensions are falling by the wayside as the public examines the facts. For instance, union officials argue that the average public-sector pension benefit in California is “only” $30,000 a
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Greenhut-Berardino Debate on Pensions
APRIL 27, 2011 By JOHN SEILER It was the Great Pension Debate. Yesterday Steven Greenhut, editor-in-chief of CalWatchDog.com, debated Nick Berardino, general manager of the Orange County Employees Association, a government union. It was held at the Pacific Club in
Read MoreCounties Still Ignore Pension Tsunami
APRIL 22, 2011 By WAYNE LUSVARDI The desire for imaginary benefits often involves the loss of present blessings. — Aesop’s Fables. In Kern County, things evaporate. The County once had a 100-square mile seasonal body of water called Buena Vista Lake
Read MoreCA’s Bond Rating Equals F-Minus Grade
APRIL 21, 2011 By WAYNE LUSVARDI Why is there such a large discrepancy between California State Treasurer Bill Lockyer’s assurances that the state is not broke and has plenty of money to pay off its bonds and the state’s effective
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