Experts Expound
Experts Expound: Halloween Edition
Halloween is upon us, so with that in mind we reached out to our esteemed panel of Capitol insiders with the following question: What is the scariest thing for you in the political world right now?
Halloween is upon us, so with that in mind we reached out to our esteemed panel of Capitol insiders with the following question: What is the scariest thing for you in the political world right now?
More than two years after California imposed the nation’s first lockdown to stop the spread of COVID-19, the deadly disease persists, fueled now by the highly infectious subvariants and clouded by fears that the malady will stick around awhile — a long while.
Odds are, in coming months you’ll become keenly aware that sportsbook operators and gaming tribes are waging a high-stakes ballot battle for control of sport gambling in California, and you may well get sick of it. That’s because both sides have $100 million war chests, ready to deliver their messages on every imaginable platform.
Compensating the families of Black Californians who were scarred by slavery is a delicate, complex and controversial task — as the unprecedented state panel pondering the issue is finding out. The “fact that California is taking the first steps toward reparations for slavery is a major milestone,” Justine Leroy an assistant professor at UC Davis whose research specializes in the history of slavery and emancipation, said of the March 29 vote.
OPINION: Right now, families and communities are paying the price of having a president who refuses to believe in science and the advice of experts and has managed to prioritize the well-being of polluters and corporations over public health. This is all completely unprecedented.
Once CalPERS could shrug off low funding and rising employer costs as just another downturn, staying the course in the long-term strategy of getting most of its money from market investments that go up and down. This time is different.
In parched, drought-stricken California, where water is considered liquid gold, the politics of power and wealth are playing out in real-time. The California Public Utilities Commission’s (CPUC) recent decision to allow the California American Water Company (Cal-Am) to proceed with its Monterey Peninsula Water Supply Project desalination plant is great news – that is, if you live in Carmel, Pacific Grove or Monterey.
California has long sponsored the most progressive, socially responsible policies and regulations in the country – including regulations about harassment prevention education for managers. In fact, California regulations have detailed requirements of which topics to include in AB1825 training, how to prevent harassment and retaliation, how to report and respond to harassment complaints if they do occur and how to publish a complaint and investigation procedure.
OPINION: Squinting into the smog, our state’s utilities have seen the future — and it’s not fossil fuels. Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric revealed plans to invest $1 billion to build a comprehensive electric transportation infrastructure.
Calpensions: The state’s two largest public pension systems never recovered from huge investment losses during the deep recession and stock market crash in 2008. CalPERS lost about $100 billion and CalSTRS about $68 billion. Now after a lengthy bull market, most experts are predicting a decade of weak investment returns, well below the annual average.