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No, the recession is not to blame for the pension crisis 73

July 5, 2013 By Chris Reed Perhaps the single smartest guy in the Schwarzenegger administration, David Crane, continues to be a wrecking ball when it comes to the arguments offered by apologists for California’s ruinous state finances. In his latest

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CalPERS’ new shtick: Ripping CalPERS = ripping retirees. Groan. 70

Dec. 17, 2012 By Chris Reed The California Public Employees’ Retirement System is a piece of work. For years, it has downplayed the pension crisis, ignored its central role in the crisis by encouraging a 50 percent retroactive giveaway to

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