Archive for September 8th, 2014

Calpensions: CalSTRS debt report drops from $167B to $59.5B


By Ed Mendel
Monday, September 8, 2014

CalSTRS was bracing to report the nation’s biggest pension debt under new government accounting rules that take effect this fiscal year — $167 billion, an amount so huge some thought it might increase the cost of issuing local school bonds.

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By Marc Lifsher
September 7, 2014

Organized labor is having a good year at the Capitol.

The Democrat-dominated Legislature passed and sent to the governor three of four union-priority bills. And Gov. Jerry Brown has already indicated he’ll sign at least one of them.

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No Money

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By Steven Dennis
Posted at 9 p.m. on Sept. 7, 2014

Roll Call’s annual list of the 10 “poorest” members of Congress contains one majority whip, one party chairman, one formerly impeached judge and one senator.

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50 Richest Members of Congress - 2014

The 50 Richest Members of Congress in 2014 hail from both parties.

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By Adriel Bettelheim and Jay Hunter
Posted at 9 p.m. on Sept. 7, 2014

They invested in an Italian soccer team, an aquaculture business, Subway sandwich franchises, the ride-share phenomenon Uber and good old blue chip stocks and bonds.

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The PE: RIVERSIDE: City could overhaul ethics code again


A 2010 review resulted in big changes to the decade-old rules of conduct, but a council committee suggests another look is necessary.

Published: Sept. 6, 2014 Updated: 5:23 p.m.

Of the 33 complaints filed and resolved under Riverside’s decade-old ethics code, none has been upheld.

To some residents, that’s a problem.

To read story by Alicia Robinson in The Press-Enterprise, click here.