Columns

Pension Wars Will Be Fought At City Hall
SEPT. 19, 2011 Breathe a deep sigh of relief now that state legislators have headed home. As Judge Gideon Tucker (and also attributed to Mark Twain) exclaimed, “No man's life, liberty or property is safe while the legislature is in session.” You are safer now than you were a little over a wee...
9/11 Memorials in Perspective
SEPT. 11, 2011 In my years writing for newspapers, I've always hated the commemoration ritual. What new insight can we offer about Thanksgiving? What words can still capture the essence of D-Day? And this weekend, what can we really say that ameliorates the horror of 9/11? Mainly, I hate how c...
Schools Chief’s Sacrifice Not So Heroic
SEPT. 6, 2001 Fresno School Superintendent Larry Powell has been getting the hero treatment in the national media for his reportedly selfless decision to give up his annual salary and benefits of $290,000 a year and, instead, take only $31,000 in salary. He's doing it for the kids, he said, to sa...
Pensions Need Accurate Rate of Return
AUG. 29, 2011 When the taxpayer is backing up the entire liability for the pensions received by members of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly reali...
Villaraigosa Pushes Split-Roll Tax
Aug. 22, 2011 Los Angeles Mayor Antonio Villaraigosa's speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento and give a speech detailing a so-called "grand new vision" ...
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