Ringside at the Berman vs. Sherman Heavyweight Bout
One could imagine a capacity crowd at the old Olympic Auditorium venue for many an LA boxing match, with the turnout at Temple Judea in Tarzana last night to see Democratic Congressmen Howard Berman and Brad Sherman slug it out in a debate. Republican Mark Reed was on the scene, too, and he got in […]
What Really Went Wrong with GOP’s Pension “Reform”
There’s been plenty of hand-wringing during the last week about the decision by California Pension Reform to suspend their effort to put a measure on the November ballot that would have slashed retirement security for millions of Californians. The Sacramento Bee’s “State Worker” columnist Jon Ortiz had a post-mortem in the paper last week that […]
No On 28: The Term Limits Scam Is Back!
Crossposted on FlashReport Once again the Sacramento politicians and powerful special interests are attempting to subvert the will of the people and sabotage the public’s support for strong term limits for state legislators. They tried it before with the slimy Proposition 93 in 2008, which would have kept the ethically-flawed Senate President Pro Tem Don […]
Local Pension Systems Over $130 Billion in Debt
California Common Sense (www.cacs.org) and the Stanford Institute for Economics and Poilcy Research (SIEPR) published a new report on local pension systems February 21, showing that the largest independent systems are over $130 billion in debt. This is more than three times their annual budgets! Much attention, in both policy research and broader political circles, […]