Posts Tagged: ron
An illustration of the Internet and world wide web. (Ramcreations, Shutterstock)
Californians concerned about an internet service tax can breathe easier — at least for a year. The federal law known as the Internet Tax Freedom Act, or IFTA, was extended Wednesday. It has been extended several times since it was passed in 1998.
Recent warnings about the dangers of overreliance on petroleum have come from an unlikely cast of characters, including former presidential candidate Ron Paul, business magnate T. Boone Pickensand even a Saudi prince (who warned against his nation’s over dependence on oil exports). If Californians want to disentangle our economy from oil and from the world events that can impact oil prices while cutting our greenhouse gas emissions to 1990 levels by the year 2020—a goal given the force of law by AB 32, the Global Warming Solutions Act—we need to consider the surprising connections that drive our state’s dependence on petroleum.
The question of whether pensions are “sustainable” may get an answer as a CalPERS board action last week ratchets up annual state and local pension costs during the next seven years.
A former CalPERS chief actuary, Ron Seeling, gave pension critics ammunition in 2009 when he said his personal view was that “without a