For those who work in state government and have experience in the legislative process, there are few surprises. Every now and then, however, political tricks threaten necessary reforms. Late last week, just before the Memorial Day holiday, a trick was pulled that could derail legislation to help prevent foreclosures by interests who want to create
As California’s cap and trade auction moves forward, ethical people of all viewpoints should be able to agree that citizens deserve an open and transparent process. Assemblywoman Shannon Grove and Senator Ricardo Lara have introduced important accountability measures, AB 245 and SB 726 respectively, that would place the cap and trade auction back in the
Apparently 2012 wasn’t a banner year for California cemeteries, particularly the one maintained by the Kern River Valley Cemetery District.
It’s not that there isn’t a market for plots. The U.S. Census Bureau says 242,848 Californians died last year alone.
People are just dying to get in somewhere else.
A nationwide study, including CalPERS and CalSTRS, projects that huge pension fund losses during the financial crisis will be offset over three decades by a wave of recently enacted cost-cutting reforms — but only if several things happen.
–Pension fund earnings forecasts must hit their target. Critics say the forecasts, 7.5 percent a year