Breaking News

R.I. Pension Crisis Casts Shadow on CA
SEPT. 14, 2011 By JOHN SEILER In a case with great importance for California, a Rhode Island pension bankruptcy advanced yesterday in court. At this stage, Superior Court Judge Sarah Taft-Carter ruled in favor of the union. But this is just a preliminiary. The ruling is being appealed. The ...
Follow the Union Brick Road
SEPT. 14, 2011 By KATY GRIMES The trail of campaign contributions leads to all politicians' doors. However, the trail between labor unions and Democratic politicians is more like a Yellow Brick Road, making California look more like the Land of Oz every legislative session. As the state...
CalPERS Misleads Members on 20.7% Gain
SEPT. 13, 2011 By JOHN SEILER CalPERS continues to mislead its own members about how its Total CalPERS Fund Market Value has crashed since July 1. On Sept. 1, I wrote an article on CalWatchDog.com, "CalPERS Still Boasting of 20.7 Percent Gain," which was what they made from July 1, 2010 to...
AB 134 Boils State Wastewater Market
SEPT. 13, 2011 By WAYNE LUSVARDI State Treasurer Bill Lockyer just said that about two thirds of the bills that come out of the California Legislature are “junk” that wastes the time and resources of the legislators for symbolic purposes. Is AB 134 a piece of junk? A market solution to ...
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