Tag "pensions"
Back to homepageCA Gov. Workers Best Paid in USA
John Seiler: Of all the 50 states, California’s government workers make the highest pay, averaging $5,774 a month in March 2010, according to U.S. Census data. That works out to $69,288 a year. Local government workers in Washington, D.C., made
Read MoreCalSTRS Drops Fund Projections
John Seiler: Putting its investment projections slightly more in line with reality, yesterday CalSTRS downgraded its fund forecast. According to its own announcement, “The governing board of the California State Teachers’ Retirement System (CalSTRS) today adopted a new set of
Read MoreOccupy Squatters Don’t Know Squat
Katy Grimes: Four days ago, more than 300 Occupy protestors were arrested after breaking into Oakland’s City Hall. Demonstrators burned a U.S. flag, threw rocks and bottles at police, and tore down fencing at the convention center, and then tried
Read MoreInitiative Would Bring Back Part-Time Leg
JAN. 24, 2012 By KATY GRIMES A ballot initiative planned for the November ballot could result in fewer bills coming out of the Capitol, potentially saving California taxpayers and business owners “tens of millions of dollars.” Despite widespread disapproval of
Read MoreBig Savings With Part-Time Leg.
Katy Grimes: Limiting the Legislature to only 95 days each year and $18,000 per year salaries would save the state tens of millions of dollars per year, according to a new report by the state’s Legislative Analyst’s Office. Currently the
Read MoreKnow Your ‘Rich’ Economic History
Katy Grimes: In order to fully comprehend how California residents will be impacted even more by Democrats in the near future, we need to look at the economic condition of the entire country, and put our economic history into context. Under the
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Berkeley Mgr. Grabs $266K Pension
John Seiler: Say, wasn’t Berkeley the most liberal, progressive, hippest and hippiest place around? The Free Speech movement (pictured at right)? Anti-Vietnam War protests? Political Correctness that would make Mao envious? Ah, forget it. As it always does, it comes
Read MoreGov.’s Groundhog Day In California
JAN. 7, 2011 It felt like “Groundhog Day” on Thursday during Gov. Jerry Brown’s budget proposal press conference. I had a flashback to January 2011. Listening to him make the same claims about the budget that he made all year
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U.S., CA Debt Explained in 3 min.
John Seiler: The following 3 minute video explains what’s wrong with government debt. It specifically concerns the federal debt of $15.2 trillion (the number has gone up since the video). But it also applies to California’s $500 billion debt for government-worker
Read MoreA Jagged Legislative Battle Ground
Katy Grimes: During Gov. Jerry Brown’s first year in office, business interests were able to kill so many bills they came out ahead, a recent news story reported. Is that so? Just how well are California businesses doing right now?
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