Tag "Pension Reform"

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California needs adult supervision 0

April 9, 2012 By Katy Grimes More than ever, California is a state run by children. Selfish, self-absorbed state officials and lawmakers have been implementing pet policies and legislation for so many decades, they are now arguing among themselves over

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CalPERS Funding Might Be Only 40 Percent Funded 23

John Seiler: As we’ve been warning here on CalWatchDog.com for more than two years now, CalPERS’ funding is way too low. I’ve written before how CalPERS might only be funded at the 55 percent level. It turns out that even

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Prolonged Primary Good For GOP 0

Katy Grimes: There is much sermonizing and opining in newspapers over Republican politics. Most of it these days is full of mockery and disdain. “GOP inflicts its own wounds” is a common theme, as well as one headline that ran

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Capitol Protest: Joke Is On Taxpayer 4

Katy Grimes: It is amazing that a once-successful education system now churns out victims, instead of well-educated young people ready for employment. Today’s college students aren’t well-educated in the classic sense, nor do they appear to be all that excited

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Capitol Protest: Occupy vs. Teachers 0

Katy Grimes: California Teachers Association and Occupy Protestors are going to fight for relevance on Monday. Glitter-wearing Occupy protestors from Berkeley and Davis are headed to the state Capitol Monday morning. In a well-orchestrated protest planned for Monday, teachers and school

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Governance by Boondoggle 0

FEB. 29, 2012 The road to California’s financial recovery will be long and arduous. But a first good step is putting an end to taxpayer-financed boondoggles. We know from the collapse of the Soviet Union and other failed regimes around

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Broke State Budget Hits Dead End 11

FEB. 29, 2012 By KATY GRIMES In in an effort to avoid a cash-flow problem, State Treasurer Bill Lockyer appeared on Bloomberg news last week talking about the sale of $1 billion in state revenue anticipation notes to Barclay’s and

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Forget About Pension Reform 0

Steven Greenhut: Sen. Mimi Walters’ statement today speaks volumes about the chances for pension reform in California these days: “I am deeply disappointed that the Pension Conference Committee today ended public hearings without debate, discussion and a vote on the

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Dems Order Private Sector Pensions 14

Katy Grimes: Democrats announced a new pension ponzi scheme on Thursday, under the auspices of wanting “millions of Californians to have guaranteed retirement benefits.” But the plan could be the final nail in the coffin of private industry in California. Former

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Pension Reform Mirrors Brown Proposal 23

FEB. 22, 2012 By KATY GRIMES With the recent pension reform ballot initiative defeated before it ever made it onto the ballot, many in California believed that taxpayers would never get a change to vote on the escalating pension debt

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