Author: David Crane

In 2005 Stephen Colbert coined the word “truthiness” to describe “truths we want to exist.” His invention was timely because at that moment I was

Last week Governor Jerry Brown continued his steady stewardship of state finances by proposing a budget for the 2016–17 fiscal year that restrains spending despite hefty projected

Annual reports just issued by California’s two largest public pension funds indicate that the state added roughly $24 billion of unfunded public pension liability in

CHECK YOUR DONOR BEHAVIOR–Last month I attended the Philanthropy Innovation Summit hosted by the Stanford Center on Philanthropy and Civil Society (PACS). The event kicked off with

Everyone knows about the pharmaceutical companies, defense contractors and other financial interests that dominate political spending in Washington, D.C. Because federal spending provides a big

The way our government accounts for public employee pension promises is nothing short of fraud, yet no public official has gone to jail or paid

A recent post at The Volcker Alliance examines a subject of great importance to the California Legislature this week as it searches for an extra