Metropolitan Water District Unfunded Liability Exceeds $600M

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A new story of mine at the North County Times gives the deets: Metropolitan Water District, Southern California’s biggest water wholesaler has accumulated more than $600 million in unfunded liability for retirees since 1999. The analysis comes from a new report issued Tuesday by a local taxpayers’ group, San Diego Taxpayers Educational Foundation. Customers of Metropolitan, or taxpayers, will ultimately …

LA Times Covers For Calif’s High-Speed Train Debacle

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On Oct. 29, the Los Angeles Times published its version of what’s wrong with plans for a high-speed rail system from Northern to Southern California. Was the story about rising cost estimates and unrealistically high ridership estimates? Of course it wasn’t! This is the Los Angeles Times, which is not devoted to facts, but rather its higher goal of indoctrinating …

Occupy Oceanside . . . Filling In The Ellipsis

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The “Occupy” movement came to Oceanside yesterday. And as with all the “Occupy” movements, the question is, what’s their purpose? A brief preview story in the San Diego Union-Tribune provided this tantalizingly elided quote from an Occupy Oceanside press release: “The big banks, multinational corporations and unscrupulous billionaires … have far more influence on the democratic process than ever intended …

Mayoral Debate Fails To Strike Sparks, DeMaio and Dumanis Stay Out, Is Fletcher’s Heart In Pension Reform?

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I really wanted to see the mayoral debate on Wednesday, but my day job kept me until it was too late to go. But from what’s been printed about it, I didn’t miss much. Only two of the top four candidates even showed up — Nathan Fletcher and Bob Filner. Kudos to them for showing up. As for Carl DeMaio …