Archive for October 22nd, 2012

The Sun: San Bernardino not paying CalPERS, pointing to future fight over pensions

Ryan Hagen, Staff Writer
Posted: 10/21/2012 12:38:03 PM PDT

Special Section: San Bernardino

SAN BERNARDINO – City officials were somewhat puzzled by national media attention after CalPERS’ announcement last week that the city hadn’t made any of its required payments to the state pension system since filing for bankruptcy in August.

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Republican Rep. Mary Bono Mack is trying to fend off a challenge from Democrat Raul Ruiz in California’s 36th Congressional District. 2012

Published: 21 October 2012 – 07:28 PM

The two main proponents of a measure to reduce the salaries of San Bernardino County supervisors spent $100,000 to qualify the initiative earlier this year, but now that it’s on the Nov. 6 ballot, they’re saving their cash.

To read column by Imran Ghori, Ben Goad and Jim Miller in The Press Enterprise, click here.

Sandra Emerson, Staff Writer
Posted: 10/21/2012 07:07:05 AM PDT
Updated: 10/21/2012 10:23:42 PM PDT

UPLAND – The city’s non-safety employees are willing to discuss potential concessions as long as upper level management is willing to take a hit as well, according to a representative for the employees.

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Election 2012

Liset Marquez, Staff Writer
Posted: 10/21/2012 07:07:04 AM PDT
Updated: 10/21/2012 05:37:38 PM PDT

MONTCLAIR – If there is any question how contentious the City Council race has become, just look to the campaign being run by the city’s police and fire unions in an effort to unseat the incumbents.

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Liset Marquez, Staff Writer
Posted: 10/21/2012 12:48:03 PM PDT
Updated: 10/21/2012 05:36:37 PM PDT

MONTCLAIR – The committee for City council candidate Richard Beltran and the city’s two public safety associations have been accused by a resident of running a coordinated campaign.

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California Governor Jerry Brown (Photo by Justin Sullivan/Getty Images)

Capitol Alert
The latest on California politics and government
October 21, 2012

OAKLAND – For the second time in as many days, Gov. Jerry Brown on Sunday said his ballot measure to raise taxes is about jobs, seeking just more than two weeks before Election Day to broaden its appeal.

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Calpensions: Pension debt: ticking time bomb or myth?

By Ed Mendel
Monday, October 22, 2012

A new study of the 100 largest U.S. public pension funds shows CalSTRS reports a below-average funding level and the CalPERS funding level is a wobbler — higher than average if its assets are radically “smoothed,” much lower if assets are at market value.

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Dan Walters

By Dan Walters
Published: Monday, Oct. 22, 2012 – 12:00 am | Page 3A

So far this year, three California cities have filed for bankruptcy protection, and it’s likely they will be joined by at least a few others in the not-too-distant future.

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SFChronicle: Business outspending labor on campaigns

Phillip Matier and Andrew Ross, Chronicle Columnists
Published 8:55 p.m., Sunday, October 21, 2012

Thanks to Proposition 32 – the measure that would bar unions from automatically deducting members’ dues for political purposes – the role of special-interest money is a front-and-center issue in the current campaign.

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Posted by Aaron Blake on October 19, 2012 at 3:03 pm

The presidential race appears to be getting closer just two and a half weeks before voters will cast the deciding ballots.

And more and more, political analysts are suggesting that it’s a very real possibility that nobody will win on Election Day — i.e. the Electoral College vote will wind up knotted at 269.

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