Local Government Fiscal Early Warning Systems: A Good Idea Whose Time Has Come

By Marc Joffe
11/26/2014
Two years ago, Treasurer Bill Lockyer called for an early warning system to detect signs of financial trouble in California local governments before they faced bankruptcy. By proactively identifying at-risk cities, the system could create an opening for local experts and external advisors to intervene before any given situation spun out of control. As the California Policy...

TAGS: fiscal early warning systems

Unions in the News – Weekly Highlights

By Editor
11/25/2014
A Landmark Retail Workers ‘Bill of Rights’ Passes Unanimously In San Francisco By Dave Jamieson, November 25, 2014, Huffington Post Amid growing concern over erratic work schedules, the San Francisco Board of Supervisors on Tuesday passed a first-of-its-kind law aimed at securing more stable hours for retail workers. Dubbed “the retail workers bill of rights,”...

More Taxes and Tuition Buy Time for the Pension Bubble

By Edward Ring
11/25/2014
“The ‘recovery’ is largely an illusion created by the effects of zero percent interest rates, quantitative easing, and deficit spending. The asset bubbles that have been created as a result of these policies have primarily benefited the owners of stocks, bonds, and real estate (the rich), while simultaneously deterring the savings and capital investment that...

TAGS: asset bubble

Union-dues case moves closer to Supreme Court

By Private: Gloria Romero
11/25/2014
Sometimes you win by losing. That’s precisely what occurred last week, when the 9th U.S. Circuit Court of Appeals granted the motion by Rebecca Friedrichs’ attorneys to decide her case (Friedrichs v. California Teachers Association) on the basis of the pleadings, without a trial or additional oral arguments. The “loss” actually means that plaintiffs –...

TAGS: Center for Individual Rights, Friedrichs v. California Teachers Association, Friedrichs vs. the CTA, Gloria Romero, Harris v. Quinn

It's The Economy, and They're Not Stupid

By Peter Schiff
11/25/2014
The sharp rebuke to the Obama administration delivered by the mid-term elections should not be construed as an endorsement of the GOP, which remains as unpopular as ever. Rather, as has been the case in the last few election cycles, voter revolts have hinged on continued dissatisfaction with the strength of the economy and the...

Affordable Tuition vs. Gargantuan Pensions for Unionized Faculty

By Jon Coupal
11/24/2014
Californians have abysmally low levels of civic engagement as evidenced by the recent election where voter turnout set an historic low.  And the widespread disengagement of California’s younger voters is even worse. True, in 2008 California’s youth turned out in large numbers to elect Barack Obama as President.  And in 2012 they turned out again...

TAGS: Governor Brown, Proposition 30, university of california

Unions in the News – Weekly Highlights

By Editor
11/18/2014
Court Agrees With Labor Unions: Giant Inflatable Rats Are Protected Speech By Elizabeth Nolan Brown, November 17, 2014, Reason In case you were wondering, displaying giant inflateable rats is protected by the First Amendment. Apparently a balloon rodent known as Scabby the Rat has been a labor union protest symbol since the ’90s. But New...

The Amazing, Obscure, Complicated and Gigantic Pension Loophole

By Edward Ring
11/18/2014
“The bottom line is that claiming the unfunded liability cost as part of an officer’s compensation is grossly and deliberately misleading.” – LAPPL Board of Directors on 08/07/2014, in their post “Misuse of statistics behind erroneous LA police officer salary claims.” This assertion, one that is widely held among representatives of public employees, lies at the...

TAGS: normal contribution, pension funds, pension reform, PEPRA, Public Employee Pension Reform Act, unfunded contribution

Parents Need a Private School Option When Public Schools Fail

By Larry Sand
11/18/2014
As the need for vouchers increases, the politics of school privatization gets interestinger and interestinger. “Some NYC teachers: ‘Don’t send your kids here!’” screamed the headline in a New York Post article last week. The damning story goes on to explain how over 80 percent of the teachers in eight public schools – including charters...

TAGS: American Federation of Teachers, D.C. Opportunity Scholarship Program, Education Next, Fordham Institute, Friedman Foundation, Gloria Romero, Hillary Clinton, Howard Fuller, Kevin Chavous, Larry Sand, National Education Association, Randi Weingarten, teachers union, voucher, Whitney Tilson