Full Explanation Required From CalSTRS’s CEO
On February 19, California State Teachers’ Retirement System (CalSTRS) CEO Jack Ehnes appeared before a committee of the California State Assembly considering CalSTRS’s request for a $240 billion bailout, starting with $4.2 billion this year. There is no question that CalSTRS needs the money. Ehnes pointed out that, without the injection, the fund would be […]
State Policies Exacerbate Transportation Finance Shortfall
Financing for California’s transportation system is suffering not only because the gasoline tax is insufficient, as I explained in a recent article, but also because of public policies that are making matters worse. California has made impressive gains in maximizing the value of its roads and highways. For a far-flung, suburban-style state, we have robust […]
The Case Of Rod Wright — The State Senate At The Crossroads
State Senator Rod Wright was convicted of eight felonies nearly a month ago. This coming Friday State Senator Rod Wright will be celebrating an anniversary of sorts — he will be celebrating the end of his first month serving in the California legislature while simultaneous being a convicted felon. On January 28th Wright was found […]
More Evidence Top Dems Want Bullet Train Gone
The California establishment fights dirty when it comes to direct challenges to its priorities and the people it wants to protect the most. The CTA blocking efforts to make it easier to remove classroom sexual predators and instead passing legislation that gave such predators new protections is one example. Another is the state Public Employment […]