Search Results for "calpers"

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Cooley Goes Soft On Greedy Cop

Steven Greenhut: LA County DA Steve Cooley, the attorney general candidate, made some welcome, well-publicized and politically helpful charges against the Bell officials who, as he said, used the city as a personal piggy bank. But he didn’t indict former

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Officials Hid Size Of Pension Crisis

SEPT. 22, 2010 By DAVE ROBERTS Due to “Alice in Wonderland” accounting methods, the amount that taxpayers owe to provide pensions for local and state government employees is much larger – perhaps an extra $2.5 trillion – than government officials

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Help From The Left On Pensions

Steven Greenhut: I just published a piece for the online version of City Journal regarding efforts by San Francisco progressives to rein in that city’s growing pension costs. As I explained: Fortunately, at least a few self-styled “progressive” urban Democrats

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How Severe is U.S. pension debt?

AUGUST 27, 2010 By STEVEN GREENHUT This piece was originally published on the Nieman Watchdog site. As the economy boomed, few people worried much about the debt that local and state governments were amassing to pay for increasingly generous pension

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Public Employee Immunity Challenge

JULY 16, 2010 By KATY GRIMES Stacking the deck in favor of state employees, several bills currently working through the Senate would help public employees avoid future furloughs –- assuming the governor orders more. On July 15 the Senate Appropriations

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Pension 'pain train' coming

JULY 8, 2010 By KATY GRIMES California’s private sector employees are not only paying for their own pensions and retirement funds, they are paying for the pensions of public sector employees, according to Governor Schwarzenegger. In his pension fund roundtable

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Small steps toward pension fix

Steven Greenhut: The governor’s office took issue with my last post that called his pension deal “wimpy,” but there’s no question that the past deal and new one announced today fall far short of the deep pension reductions needed to

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We’re all undocumented!

JUNE 24, 2010 By LAURA SUCHESKI California senators and assembly members gathered on the West Steps of the Capitol Wednesday to formally introduce a boycott resolution against the state of Arizona in response to its controversial immigration law. The proposed

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Skelton's "pension envy"

John Seiler: It’s a bad Freudian connotation to an fraudulent Freudian doctrine, but here’s what L.A. Times’ Columnist for Tax Raising George “Not Red” Skelton wrote today: “Pressured by politicians and a private sector with pension envy, four public employee

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The many faces of Arnold

Anthony Pignataro: Unlike his last three predecessors, Arnold Schwarzenegger will make a fascinating subject for a biography after he leaves the governor’s office next year. The former actor and body builder’s politics fall somewhere between “scattered” and “all over the

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