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The Terrible Public Pension Threat

August 28, 2010 1

It’s time for a class war over public union pensions… Despite defined benefit (DB) pensions, like the ones public employees get, being more economically efficient and offering better returns, private employers have mostly switched to 401(k) plans, or defined contribution (DC) plans, because they’re cheaper. Between 1979 and 2001, the portion of the workforce covered by defined benefit pensions dropped by half. By 2008, only 20 percent of private workers had such a pension.

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The Story of how the Bell Scandal broke

August 11, 2010 0

It was the day that two Los Angeles Times journalists, Jeff Gottlieb and Ruben Vives, broke the shocking story of corruption in the small city of Bell. “Bell, one of the poorest cities in Los Angeles County, pays its top officials some of the highest salaries in the nation, including nearly $800,000 annually for its city manager, according to documents reviewed by The Times.”

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Santa Ana’s El Sol Academy Beats the Odds

July 26, 2010 1

Too often we have blog posts discussing how much Santa Ana schools are failing. Well the OC Register has a terrific article in Sunday’s paper that talks about one of the bright spots in Santa Ana, which you can read HERE. El Sol Science and Arts Academy, located at 1010 N. Broadway is a shining example of success in an otherwise dismal review of Santa Ana’s public schools. Now I could do a post obsessing about people I don’t like in Santa Ana because they don’t like a buddy of mine who lives at home with their mother,

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Best Person to Head New Consumer Protection Agency Opposed by Tim Geithner

July 18, 2010 3

Elizabeth Warren presents the best defense for the middle class. It is imperative she head the new agency that will ultimately defend consumers from the the practices of the banking and credit card industries. Far from being a crony to the financial kings, she has been the most vocal advocate of an agency dedicated to the interests of consumers.