The Pension Issue – Everywhere

Two stories yesterday thrust pension reform in the front of the political news. In Michigan, a judge declared that Detroit could consider bankruptcy to deal with its debt crisis and that public pension obligations can be treated like any other contract under bankruptcy law. In Illinois, the state legislature passed a public pension reform that […]

The Trouble with CEQA: A Case Study

We should count ourselves lucky to live in a state that has so much to offer. Not only is California known for its rich and vast environmental heritage, it also currently ranks as the 9th largest economy in the world, fostering innovation and serving as the backdrop for countless entrepreneurial success stories. Our Golden State […]

The Number of Day: 245,120

I’m intrigued by the possible gubernatorial candidacy of Neel Kashkari. He’s the sort of Republican – young, smart, diverse, experienced in government and public finance, pro-choice and same-sex marriage – that California Republicans will get behind if they ever become interested in winning statewide elections again. Kashkari is being profiled by media across California and […]

Silicon Valley is No Model for America

Its image further enhanced by the recent IPO of Twitter, Silicon Valley now stands in many minds as the cutting edge of the American future. Some, on both right and left, believe that the Valley’s geeks should reform the nation, and the government, in their image. Increasingly, the basic meme out of the Valley, and […]