Posts Tagged: stability

Opinion

Divestiture politics roils pensions, investments

Digitally tracking the performance of investment products in the bond market. (Illustration: Vintage Tone, via Shutterstock)

OPINION: Thanks to Assembly Bill 33, introduced by State Assemblyman Rob Bonta, the California State Legislature will spend time and resources to codify an issue that California pensioners have spoken on before: divesting from high-performing funds for political purposes.AB 33, as written, would require that state retirement systems, namely California Public Employees Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), divest of all investments in private corrections companies and disallow investing in those same companies in the future.

Opinion

DACA is the Dreamers’ lifeline

Demonstrators protest the elimination of DACA at a September 2017 gathering at UC Berkeley. (Photo: Sheila Fitzgerald)

OPINION: Adriana and her six-year old daughter are like two peas in a pod, taking walks on the beach together, baking brownies, cuddling at home with a book, and occasionally splurging on a trip to Orange County’s Disneyland Resort. Arriving from Guatemala when she was five years old, Adriana has always lived here in Orange County.

News

Amnesty for traffic fines, court fees in Brown’s budget

As rush hour approaches, traffic on the Golden Gate Bridge. (Photo: Frontpage)

Gov. Jerry Brown, who got nailed for parking in a yellow zone, is pushing an amnesty program for millions of California drivers caught in what he called a “hellhole of desperation” from spiraling legal fines and fees. Some 4.2 million California motorists – one in six drivers across the state – have suspended licenses because they can’t afford the fines, according to a recent study. Hardest hit are low-income drivers.

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