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CalWatchdog Morning Read – October 3

Redevelopment nearing return? San Diego Union-Tribune endorses a Democrat for president for the first time ever “SoCal officials skeptical over smog fix” Mixed reviews for actor-age database law Why tobacco tax opponents aren’t talking about tobacco CalPERS close to cutting

CalWatchdog Morning Read – September 21

CalWatchdog Staff September 21, 2016

Open-government groups fighting with political ethics watchdog Most state lawmakers draw per diem even when not at work Senate candidate Kamala Harris wants free college for the working poor CalPERS forecaster wants larger contributions from state, local governments LGBT group

CalWatchdog Morning Read – September 20

CalWatchdog Staff September 20, 2016

Union battles Caltrans over costly move Gov. Brown mulls bills overseeing psych meds for foster kids Energy company won big giveaway from Legislature More on CalPERS and the state’s rising pension debt Good morning! But alas, it’s only Tuesday. CalPERS and the

CalPERS pension fund defended by its most ferocious critic

Chris Reed September 19, 2016

The Los Angeles Times wasn’t the only big American newspaper with a big spread on the California Public Employees’ Retirement System this weekend. The New York Times had one as well. The West Coast Times focused on the misleading campaign

CalWatchdog Morning Read – September 19

CalWatchdog Staff September 19, 2016

Pensions cost taxpayers billions, but weren’t supposed to Group sues five coastal commissioners over hundreds of alleged transparency violations Sausage making on last night of legislative session Airbnb challenges laws it doesn’t like Senate odd couple actually work together to

CalWatchdog Morning Read – August 2

CalWatchdog Staff August 2, 2016

Assemblyman under domestic violence restraining order goes reclusive Largest state employees union close to going on strike? Coal divestment raises concerns “CalPERS grapples with low earnings” Supporters spend big on gun control and tax on rich ballot measures Good morning! After

CalWatchdog Morning Read – July 12

CalWatchdog Staff July 12, 2016

State’s largest pension fund down since last year San Diego congressman swapping donations State controller dinged for late contribution reporting Oakland firm fined over $100,000 for laundering campaign contributions Big spending by pharmaceutical Good morning! Lots of ethics and campaign

CalWatchdog Morning Read – April 21, 2016

CalWatchdog Staff April 21, 2016

Economic outlook grim, reality not as bad. Plus minimum wage, pensions and taxes. Good morning. A new report on the economic forecasts and past performances of the states casts a grim view of California’s outlook, but shows past performance has

CA sues Morgan Stanley over public pension funds

James Poulos April 12, 2016

The State of California has sued investment bank Morgan Stanley, filing a complaint in San Francisco Superior Court, seeking redress for what officials said was massive harm to its public-sector workers. “Public employees in California, including peace officers, firefighters,

CalPERS has faith in imperiled energy status quo

Chris Reed March 28, 2016

Is the California Public Employees’ Retirement System about to make another big mistake with a mistimed investment strategy, this time in the industrial solar sector? Beginning 13 years ago, CalPERS invested heavily in real estate at the height of the