Union Refusal to Protect Students Costs LAUSD Millions

By Private: Gloria Romero
03/21/2013
Los Angeles Unified School District, the state’s largest district and largest recipient of the Proposition 30 tax increases, figures to be writing a big check soon. Unfortunately, this check won’t be going to support math, reading or arts programs. Rather, the money, $30 million, would go to settle 58 legal claims filed against LAUSD related...

TAGS: California Teachers Association, Gloria Romero, Los Angeles Unified School District

Union Watch Highlights

By Jack Dean
03/19/2013
Here are links to the top stories available online over the past week reporting on union activity including legislation, financial impact, reform activism, etc., from California and across the USA. Labor agreements serve only union interests By Greg Beeman, March 19, 2013, South Coast Today Building a new marine commerce terminal to ready New Bedford’s...

GASB Loopholes Created Illusions of Solvency

By Edward Ring
03/19/2013
What if most of the public employee compensation enhancements of the past decade or more in California were based on inaccurately optimistic government financial statements? Or to be blunt, what if government decision makers thought they could afford these compensation enhancements, because the information they relied on used accounting gimmicks that would land a person...

TAGS: California Policy Center, Moody's Investor Services, Pension Obligation Bonds

CPC Study Estimates Shows New GASB Rules Will Wipe Billions in Net Assets Off Government Balance Sheets

By California Policy Center
03/19/2013
FOR IMMEDIATE RELEASE Sacramento, California, March 19, 2013 Contact:  press@calpolicycenter.org In a new study published by the California Policy Center financial analyst John Dickerson examined Bill Gates’ assertion that only pension “accounting fraud allows governments to pretend their budgets are balanced”. Although Dickerson uses the term “fatally flawed accounting” he concludes Gates is essentially correct....

Unanswered Questions

By Larry Sand
03/19/2013
Thoughts on my recent encounter with the president of the California Teachers Association. I was quite surprised when California Teachers Association president Dean Vogel agreed to join a panel that consisted of Gloria Romero, Terry Moe and me a couple of weeks ago at an event sponsored by The Conservative Forum of Silicon Valley. Gloria...

TAGS: California Teachers Association, Dean Vogel, Gloria Romero, Larry Sand, Parent Revolution, Parent Trigger, teachers union, Terry Moe, vouchers

Hard To Keep Up With Economically Illiterate Proposals

By Mike Shedlock
03/15/2013
Editor’s Note: In a provocative recent book “The Great Rebalancing,” economist Michael Pettis writes “thanks to the internet, much of the best writing and debate has taken place in the modern equivalent of the nineteenth century’s pamphlets, broadsheets, and coffeehouse discussions – economic blogs. For many years the development and understanding of economic theory was...

Leveling the Playing Field

By Dave Bego
03/14/2013
Following my recent speech at The Heritage Foundation, I had the distinct honor and pleasure to meet with members from organizations dedicated to the true spirit of preservation and protection of American freedoms. In attendance were a prominent group of labor experts and other groups including The Heritage Foundation, The Manhattan Institute, The Labor Relations...

TAGS: The Heritage Foundation

Union Watch Highlights

By Jack Dean
03/12/2013
Here are links to the top stories available online over the past week reporting on union activity including legislation, financial impact, reform activism, etc., from California and across the USA. Missouri Senate endorses union paycheck bill By Jordan Shapiro, March 12, 2013, The Kansas City Star After steadfast opposition from Democratic senators, the Missouri Senate...

Should Police and Firefighters be Exempted from Union Reforms?

By Edward Ring
03/12/2013
Advocates of public sector union reform point to fundamental differences between unions in the competitive private sector vs. those unions that organize government workers. Briefly stated, private sector unions must moderate their demands or the companies they bargain with will go out of business; private sector unions exercise little influence over who is going to...

TAGS: Hamtramck Michigan bankruptcy, police unions, public sector compensation