Jerry Brown Biography on its Way
Jim Newton, former long time Los Angeles Times editor and columnist and noted biographer of Earl Warren, Dwight Eisenhower and Leon Panetta, is writing a biography of Jerry Brown. The governor is cooperating with Newton. “My hope is to tell the story of modern California — its transformation into the nation’s largest, most prosperous and […]
California Pension Follies Continue
When San Diego radio talk show host and failed Congressional candidate Carl DeMaio first unveiled his pension measure in March of this year, he boasted to Reuters news that “We have done a lot of legal work to make sure this initiative is bulletproof.” Turns out, the measure had more holes than a block of Swiss cheese. Independent […]
Private Firms Offer To Run State Retirement Plan
A board working on a proposal to enroll most small business employees in a state-run retirement savings plan, unless they opt out, was told last week that small technology-focused financial firms could do the job. The founders of three firms that offer 401(k)s and other retirement plans to small businesses did not object to competition […]
Homeless Initiative Will Drain LA’s Rainy Day Fund
Mayor Eric Garcetti and the City Council have declared a State of Emergency to address the homeless crisis that is plaguing Los Angeles. This will require our cash strapped City to devote $100 million a year from the General Fund to finance new housing and services for its 26,000 homeless residents. But Garcetti and the […]