Posts Tagged: mentioned

in California’s elections, progressives try to elbow in

Emanuel Gonzales, a progressive candidate, campaigns in the 32nd Congressional District. (Photo: Gonzales campaign)

by JOAQUIN ROMERO posted 03.02.2020

There are a growing number of candidates who describe themselves as progressives. They have varied backgrounds but have one thing in common — their chances of actually winning are very, very small. Across California, more and more people are opting to run for higher office, seizing onto the theories of change spearheaded by progressives like Vermont Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez of New York.

Pensions remain a puzzle in Stockton bankruptcy

A view of downtown Stockton. (Photo: Wikimedia Commons)

by ED MENDEL posted 10.07.2014

Calpensions: A federal judge ruled last week that Stockton’s CalPERS pensions can be cut in bankruptcy. But Stockton does not want to cut pensions, and the lone holdout creditor says it can be paid without cutting pensions. U.S. Bankruptcy Judge Christopher Klein may have clarified the legal issue of whether CalPERS pensions, widely regarded as untouchable, can be cut if any of the 1,581 local governments in the giant system take the drastic step of bankruptcy.