Tag "pensions"
Back to homepageObscure state agency continues assault on direct democracy
Feb. 13, 2013 By Chris Reed Jerry Brown’s nonstop self-accolades for his alleged genius in bringing California back to solid ground are rather dubious. But it is with pensions that Brown’s self-congratulation is most incoherent. While he congratulates himself for
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Video: Victor Hanson on California’s white minority and why it doesn’t matter
Feb. 5, 2013 By Brian Calle This is another segment in my recent interview with scholar and prolific author Victor Davis Hanson. He talks about legislation, pensions, schools, whites as a minority and immigration.
Read MoreCalifornia pension Death Star approaching
Jan. 18, 2013 By Chriss Street When Moody’s Investors Services issued a “Request for Comment” last July about their plan to begin recalculating the effect of massive state and local unfunded pension liabilities on credit quality, I warned that this
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Prevailing wage scams steal from taxpayers
Jan. 11, 2013 By Katy Grimes In what strange world do janitors get paid $45 per hour? In California, the land of the prevailing wage. The dirty secret is that janitors often are not really getting paid $45 per hour,
Read MoreGov. Brown’s new budget seeks to equalize the unequal
Jan. 10, 2013 By Katy Grimes SACRAMENTO — Many in the state refer to the annual California governor’s January budget proposal as fantasy. Gov. Jerry Brown did not disappoint today as he presented his budget — “balanced and fair,” according
Read MorePension debt could sink River City
Jan. 9, 2013 By Katy Grimes The bad news delivered last evening to the Sacramento City Council is dire: Sacramento has nearly $2 billion in unfunded liabilities, which include pension contributions and retiree medical benefits, most of which have no
Read MoreLawmakers calling Gov. Brown’s bluff on Prop. 30 revenues
Jan. 8, 2013 By Katy Grimes On the first day of the new legislative session on Monday, two Republican lawmakers wasted no time introducing legislation to add some necessary spending restrictions to Proposition 30. Passed by California voters in November, Prop.
Read MoreSome public employees are more equal than others
Jan. 1, 2013 By Chris Reed Happy New Year’s, everybody. I am sure that 2013 is the year that California turns the corner. OK, maybe not. But I am confident there will be 12 months this year, the Mayan crisis
Read MoreSacramento ‘recovery’ reliant on government growth
Dec. 30, 2012 By Katy Grimes A front page news story in Sunday’s Sacramento Bee claimed that 2012 “is shaping up as another year of solid but not spectacular economic growth – more groundbreakings, more cars sold, more stores and restaurants
Read MoreCalifornia health exchanges – ‘Mo Money’
Dec. 28, 2012 By Katy Grimes The Obama administration has a lot riding on California’s implementation of Obamacare, also known as the Patient Protection and Affordable Care Act. How the state implements the new insurance exchanges, and whether or not
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