SUITABLE FOR QUOTING: Expert Responses to CalPERS' Monday, July 18 Earnings Report

By Will Swaim
For Immediate Release July 18, 2016 California Policy Center Contact: Will Swaim (714) 573-2231 California Policy Center Responses to Monday, July 18, 2016 Earnings Report For reporters and commentary writers, the California Policy Center can make available two public finance experts. We also offer for publication these immediate responses to the CalPERS report:   ED...

TAGS: CalPERS, public employee pensions, Wall Street

The Unholy Trinity of Public Sector Unions, Environmentalists, and Wall Street

By Edward Ring
Taken at surface value, there ought to be minimal identity of interests between these three special interests. But if you follow the money and power instead of the rhetoric and stereotypes, you will find this unhealthy alliance is alive and thriving. For example, unions use “greenmail,” the threat of a lawsuit on environmentalist grounds, to...

TAGS: construction unions, environmentalists, high speed rail, occupy movement, public sector unions, Wall Street

Fiscal Responsibility Starts with Main Street

By David Bahnsen
Two events in the past month have caused me extreme concern that one of our greatest economic errors as a nation is being repeated. I refer to the five-year anniversary of the Lehman Brothers bankruptcy filing we just observed and to the decision of the Federal Reserve to defer the “tapering” of their gigantic quantitative...

TAGS: Wall Street