Newsletter

If You Think the Bull Market Rescued Pensions, Think Again

If You Think the Bull Market Rescued Pensions, Think Again

One year ago the Dow Jones stock index was 19,756. Today it closed at 24,211, an increase of 23%. Pretty good for one year! When the stock market does well, pension funds do well, since that’s where these funds place most of their portfolio investments. But CalPERS, the largest public employee pension system in the...

By Edward Ring

Big Education’s bad month

Big Education’s bad month

November saw a rash of stories about the troubled public school monolith. As I wrote last week, the public education brand is in trouble and as 2017 fades away, a wave of stories is sending the year out with not a bang or a whimper, but rather with an unceremonious thud. A Public Policy of...

By Larry Sand

Rhetoric to Challenge California’s Statist Elites

Rhetoric to Challenge California’s Statist Elites

California’s ruling elites have enacted policies that make it impossible for middle class citizens to live here. They have artificially elevated the cost of living, nearly destroyed public education, decimated public services, neglected public infrastructure, and declared war on small business. To deflect criticism, they’ve convinced a critical mass of voters that any attempts to...

By Edward Ring

How Can Local Officials Prepare for the Upcoming Janus vs AFSCME Ruling?

How Can Local Officials Prepare for the Upcoming Janus vs AFSCME Ruling?

“A public employer shall provide all public employees an orientation and shall permit the exclusive representative, if applicable, to participate.” – Excerpt from California State Assembly Bill AB 52, December 2016 In plain English, AB 52 requires every local government agency in California to bring union representatives into contact with every new hire, to “allow...

By Edward Ring

Marin County Discloses Debt Balances on Property Tax Bills

Marin County Discloses Debt Balances on Property Tax Bills

How would you like it if every time you received a property tax bill from your county assessor, you also received a notice that disclosed the amount of the county’s total debt, annual operating expenses, total unfunded liability for pensions, and total unfunded liability for retirement healthcare? You might not like it, but you’d have...

By Edward Ring

San Francisco Unified Driving Parents Away from Traditional Public Schools

San Francisco Unified Driving Parents Away from Traditional Public Schools

As we approach Tax Day, when millions of taxpayers deal with our convoluted tax laws, many San Francisco parents have more than taxes on their minds.  This is the time of year when the San Francisco Unified School District (SFUSD) mails out the school assignment letters to anxious parents awaiting the results of the government...

By Aubrey Freedman