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Did the Robert Rizzo actually do California a favor? LA Times columnist Steve Lopez believes by exposing the bloated pensions of state employees at tax payer expense, the scandal in Bell has helped fuel the case for pension reform.
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While green jobs remain scarce in the private sector, The Sacramento Bee reports that AB 32 is expect to boost payrolls in various State Agencies.
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Based on data analyzed by The Sacramento Bee, California state employees have access of up to 11 weeks of paid time off, which is equal to an average of $15,655 per employee.
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Wall Street Journal opinion piece by David Crane, Special Advisor to Governor Schwarzenegger, on the undisclosed pension costs of SB 400, passed in 1999. Based on unrealistic projections of economic performance, the bill once touted to "not cost taxpayers a dime" has already cost them $15 billion and potentially billions more in the years to come.
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Local governments across the state are facing financial shortfalls, and unions are seeking ways to get veto power over local government bankruptcies. The Democratic majority in the Legislature is now maneuvering to bring a union backed bill to the Governor's desk that would give a union dominated commission the ability to extract concessions from local agencies as a condition of filing for bankruptcy.
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The Reason Institute argues government employees are damaging the overall economy as government employees themselves reap generous salaries and benefits paid for at taxpayer expense. Reason points out public sector employees earn $30,000 more than their private sector counterparts when factoring in benefits, are difficult to fire, and plow their union dues into political action targeted toward obtaining a yet larger share of taxpayer dollars.
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Hundreds of government employees have received payouts of over $100,000 for unused vacation time when they retire. One even received in excess of $800,000. This is yet another example of lavish benefits received by bureaucrats while taxpayers foot the bill.
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This featured story on BigJournalism.com tracks the unfortunate government policies, which have have ravaged California's economy and caused businesses to leave the state in droves. Some of these policies, such as tightly regulated business and lavish spending on the public sector, are now being seen on the national level through the Obama administration. Using California as an example, the U.S. economy could be in serious trouble in the coming years. Read more >>
Op-ed writer George Will offers a compelling commentary on the recent protests at UC Berkeley by students and university employees. The policies of "compassionate liberalism" that have driven California to the brink of bankruptcy, and forced it to raise tuition at state schools, are largely the product of such left-wing institutions as Berkeley.
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As KCRA.com reports, Judge Frank Roesch has ruled that Governor Schwarzenegger is illegally enforcing furloughs on some state organizations. Though the state intends to appeal this decision, the ruling, as it stands, could drop the state budget by $2 billion.
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