Posts Tagged ‘Stockton’

Voters face pension-reform decisions

Tuesday, October 14th, 2014

In a series of contests playing out at the state and local levels, Golden State voters will cast votes this November that could reshape the pension landscape for years to come. Races have attracted attention for offices that exercise direct influence over the institutions that set pension pol...

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

Friday, October 3rd, 2014
job.retention

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 for capital gains taxes and any other taxes that discourage investment or rei...

Stockton ruling, like Vergara ruling, shakes CA status quo

Thursday, October 2nd, 2014
union-corruption

Californians who think the state status quo is nuts and that public employees amount to a protected class of citizens have gotten unexpected help this year from the state and federal courts. First came Los Angeles Superior Court Judge Rolf True's ruling that teacher tenure laws are unconstitution...

Pension follies: New Jersey adopts insane San Diego approach

Tuesday, April 1st, 2014
wimpy

California leads the way when it comes to government pension dysfunction. The first big city to be stricken by pension costs in the U.S. was San Diego, leading to the memorable 2004 New York Times' description of it as "Enron by the Sea." Since then, three cities in the Golden State have either e...

San Jose Mayor Reed folds on pension initiative

Wednesday, March 19th, 2014

In a disappointing indicator of the challenges facing public pension reform, outgoing San Jose Mayor Chuck Reed has shelved his statewide ballot initiative designed to address the problem. The mayor blames a time crunch and unappealing language used in Attorney General Kamala Harris' ballot summa...

CalPERS rate hike slams cities

Wednesday, February 19th, 2014
Calpers logo

Californians are finding out how Gov. Jerry Brown is going to deal with the state's pension crisis: make the taxpayers pay for it. This from CalPensions: A divided CalPERS board yesterday approved a faster rate hike for the state urged by Gov. Brown, but opposed by unions. A proposal to give strugg...

Faulconer election won’t stop ‘Los Angelization’ of San Diego politics

Monday, February 10th, 2014

On Tuesday, San Diego voters will decide between two City Council members in a special election to fill the remaining 33 months of the mayoral term of disgraced, resigned Bob Filner. The early conventional wisdom was that the clear favorite was Republican Kevin Faulconer, 47, the longest-serving ...

PRI report examines bankruptcy as tool for struggling cities

Thursday, January 16th, 2014

The Pacific Research Institute has released a report that couldn't be more timely. "Going Broke One City at a Time: Municipal Bankruptcies in America" by economist Wayne H. Winegarden. buy a paper if (1==1) {document.getElementById("link4533").style.display="none";} One of Winegarden's ...

Why Arnold owes U.S. taxpayers billions of dollars (non-bullet train edition)

Thursday, September 12th, 2013
salinas

Two interesting pieces published recently make a strong case that government can be made far more efficient if we actually tried empirically to evaluate what worked and what didn't. On the Zocalo Public Square website, Pepperdine academic Pete Peterson takes a look at how this sort of thinki...

Jay Leno on Stockton bankruptcy

Wednesday, April 10th, 2013

April 10, 2013 By John Seiler Here's Jay Leno Monday night on the Stockton bankruptcy: "Stockton is so broke, the founding father now is demanding a paternity test. "Stockton is so broke, their meth labs just give out Sudafed. They can't afford to make meth. "Stockton is so broke, their 99-Cent st...