Within days the U.S. Supreme Court is going to issue its ruling on the case Janus vs AFSCME. This case, if the ruling goes as expected, is going to overturn current law that requires public employees to pay union dues. Here in California, however, the real story is how laughable is the notion that this ruling […]
About Ed Ring
This author has yet to write their bio.Meanwhile lets just say that we are proud Ed Ring contributed a whooping 30 entries.
Entries by Ed Ring
Whenever a high-profile citizens initiative appears on the statewide California ballot, voter turnout increases. An immediate example is the gas tax repeal, likely to appear on the November 2018 ballot across California, and likely to increase voter turnout. Another impact from these initiatives is the opportunity it represents for candidates. A classic example of this […]
Local reforms can be initiated by city councils and county boards of supervisors, but they can also be initiated by citizen activists. That’s exactly what’s happened, three times, thanks to the efforts of a group based in Pasadena called “TeaPAC.” Their specialty has been to offer voters the opportunity to repeal local taxes, utility taxes […]
Stampede: a mass movement of people at a common impulse. – Merriam Webster dictionary The pension reform stampede is about to finally overrun California’s political status-quo for three reasons. (1) Pension debt is out of control. While official estimates are slightly lower, most reasonable estimates put California’s total unfunded liabilities for state and local pensions at […]
The average annual cost to house a prisoner in California is $71,000, and according to the California’s Legislative Analyst’s Office, the cost has risen 45% since just 2011. And as costs have soared, California’s policymakers have resorted to creative ways to release inmates from California’s overcrowded prisons. But what if that Californian creativity could be […]
Last month the League of California Cities released a “Retirement System Sustainability Study and Findings.” The findings were not surprising. “Key Findings” were (1) City pension costs will dramatically increase to unsustainable levels, (2) Rising pension costs will require cities to nearly double the percentage of their general fund dollars they pay to CalPERS, and […]
On January 28, 2018, the Dow Jones stock index closed at a record high of 28,610. Nine days later, on February 6, the Dow index hit an intraday low of 24,198, a drop of over 15 percent. Since then the Dow index has recovered somewhat, along with other stock indexes and the underlying stocks around […]
In most cities and counties in California, “OPEB” (other post-employment benefit) costs are a growing expense. While OPEB costs do not amount to nearly as much as costs for pensions, they are significant, and like pension costs, they are increasing every year. And unlike pensions, cities and counties usually have more flexibility to modify OPEB […]
The U.S. Census Bureau’s most recent statistics on poverty find that California has the highest rate of poverty in the nation. That study tracks with a new Truth in Accounting report that ranks California near the bottom – 43rd in the nation – for its finances. California earned a grade of F becasue of its […]
What’s the difference between “communications” and a political campaign? The difference should be obvious. When you engage in a political campaign, you are explicitly supporting a particular candidate or ballot measure. When you are “communicating,” you are compelled to limit yourself to presenting objective facts and information to the public; you cannot take a stand […]
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