Posts Tagged: Equity
An oil pump at work in Kern County. (Photo: Ronnie Chua, via Shutterstock)
OPINION: Gov. Newsom promised accelerated action on climate change. We’re still waiting.
Standing in the ashes of a forest ravaged by California’s worst-ever fire season, Gov. Newsom proclaimed last fall that our state was experiencing a “climate damn emergency,” and promised to accelerate climate efforts “across the entire spectrum.”
A man receives a COVID-19 vaccination from a nurse at a clinic set up in the parking lot of the Los Angeles Mission. (Photo: Ringo Chiu, via Shutterstock)
OPINION: Many of the 55 elderly patients arrived for their second COVID-19 vaccines, leaning on their children’s arms or walkers. Most were Latinx or Black. All were age 75 or older, and they were eager to get vaccinated against the deadly virus.
A teacher with her elementary school class in the Sacramento City Unified School District. (SCUSD photo)
As the Sacramento City Unified School District faces a $35 million budget shortfall and a possible takeover by the state, the teachers’ union is pointing fingers of blame at district administration. The Sacramento City Teachers Association asked newly elected state Superintendent Tony Thurmond for an investigation into potential misuse of public dollars and a conflict of interest involving the district superintendent.
A rush-hour traffic jam on the approach to the Oakland-San Francisco Bay Bridge. (Photo: Aaron Kohr)
OPINION: If you’ve ever sat in traffic crawling at 5 miles per hour or been late to an appointment because of inadequate public transportation, I don’t need to tell you that transportation represents a constant challenge in California. Too many of those problems stem from a planning process that has consistently failed to put people first. California can do better. And let’s not kid ourselves about which people are most likely to get left out of transportation planning decisions: Low-income communities of color.
CalPERS' governing board during a 2013 meeting. (Photo: CalPERS board)
Calpensions: A key committee yesterday approved a drop in the often-criticized CalPERS investment earnings forecast, gradually raising record rates already being paid by state and local governments, if approved as expected by the full board today.
Downtown Los Angeles seen through the smog. (Photo: Justin Dennis, via Shutterstock)
OPINION: There are a lot of questions surrounding California climate policy right now. For me, growing up in Watts, Los Angeles, the most important question is: how will state climate policies help low-income communities and communities of color?
CalPERS' headquarters in Sacramento. (Photo: Coolcaesar/en.wikipedia)
Calpensions: After the CalPERS staff gave the board a correction last week for providing misinformation about private equity fees, the board member who has been grilling staff on the issue walked out of a private staff meeting because he was not allowed to record it.
The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)
Calpensions: After the board was told last April that CalPERS could not track the incentive payments, known as “carried interest,” a wave of media criticism grew with stories in the New York Times late last month and Fortune magazine last week. A pension fraud investigator, Edward Siedle of Benchmark Financial Services, launched an Internet fund-raising campaign on Kickstarter to raise $750,000 for a “forensic investigation” of the California Public Employees Retirement System.
An illustration of the modern workforce. (Photo: Shutterstock)
When I was a member of the electrical engineering faculty at the University of Michigan in the early 1990’s, I will never forget what the head of our department would invariably say to me whenever I stayed in the lab to work late. “Why are you still here,” he wanted to know. “Don’t you have a family to go home to?” From equal pay for equal work to access to health care and a host of other issues, it should be obvious to any thinking person that we don’t have the level playing field valued by so many Americans.
The apparent suicide last week of Alfred Villalobos, who faced a bribery trial next month, is a sad end for a former CalPERS board member paid more than $50 million by firms seeking money from the big pension fund. Most of his fees came from private equity firms during the years leading up to the financial crisis in 2008. Some call the period private equity’s “golden years,” when leveraged buyouts of corporations yielded huge profits.