How 401-k plans can approach zero annual administrative cost
One common labor union objection to defined contribution pension plans (401-k plans) is that the administration costs are “1%-3%” annually. They assert that it’s much less expensive to let CalPERS or other “experts” manage a huge pooled account. And indeed that high 1-3% individual account annual cost would be a major impediment. IF it were true. It’s not. Not if …
Dumanis Responds to Bob Filner’s Deeply Flawed Pension “Plan”
SAN DIEGO — District Attorney and Mayoral candidate Bonnie Dumanis today issued the following statement in response to the release, 11 months after it was promised, of a pension reform “plan” from Bob Filner: “Bob Filner continues to kick his rusty pension can down our crumbling roads. Debt for future generations is not a solution to our pension problems. Voters …
San Diego Tax Fighters June Ballot Voter Recommendations
Contact: Richard Rider, Chairman Phone: 858-530-3027 LOCAL PROPOSITIONS (with “!” for extra importance or emphasis) Proposition A – City of San Diego Fair & Open Competition Ordinance. Amends Municipal Code: YES!! Proposition B – City of San Diego Comprehensive Pension Reform Initiative. Amends City Charter: YES!!! Proposition C – City of Chula Vista Charter Amendment. Limit Authority, Compensation and Establish …
Move to the Middle
http://www.youtube.com/watch?v=1ZUQdCKltmU Yesterday, a group of prominent CEOs and business leaders declared their independence from partisan politics and formally registered as independents. Check out the video above and visit http://www.movementtothemiddle.org/ for more information.
Dumanis Responds to Today’s “Movement to the Middle” Stunt
SAN DIEGO — District Attorney and Mayoral candidate Bonnie Dumanis today issued the following statement in response to this morning’s event: “In this race for mayor, no candidate has injected more partisanship than Nathan Fletcher. This is the latest scene in his contrived political soap opera after losing the Republican Party’s endorsement. “The real issues facing the city are schools …
How I kicked elitist Bank of America’s butt across the entire state of California
In the last few days a story has emerged concerning the Bank of America terminating all dealings with their existing corporate customer because the company — horrors! — manufactures firearms. http://www.rogerhedgecock.com/story/17668445/bank-of-america-drops-mcmillan Naturally gun owners are incensed, as am I. But I’ve had a longstanding dislike for B of A. We had quite a row years ago — they “done me …
Solemn, clueless writers at NY TIMES make unintentional fools of themselves on video they produced
This video of solemn, disgruntled, baffled, clueless NEW YORK TIMES writers — bitching about losing their coveted guaranteed defined benefit (DB) pension plan — looks like something the ONION would have produced — only the NY TIMES version is funnier. It’s worth a viewing. “I’ll be eating cat food”? Living in “cardboard boxes”?? CAUTION: Don’t eat less than 60 minutes …
Join Me
San Diegans have a clear choice in this election: The far right has a candidate who thrives on playing political games and re-fighting old battles; the far left’s candidate is a career politician with tired ideas, beholden to the same old interest groups. I’m offering a different approach — someone who will work with all San Diegans to solve problems …
Fletcher AWOL from Assembly sessions
SAN DIEGO — Nathan Fletcher’s press release attack on District Attorney Bonnie Dumanis’ integrity is a new low. As the County’s top prosecutor, Bonnie makes tough decisions every day and she makes those decisions based on the law and what is the right thing to do. Bonnie is doing her job as District Attorney during this campaign. Fletcher, on the …
Trouble in Paradise?
After the failed missile attack Team Carl launched at Nathan during last night’s debate we’re hearing there’s quite a bit of finger-pointing and blame game going on at Team DeMaio. We’re hearing Duane Dichiara is responsible for the debate flop and folks are not happy about it. Whether or not there’s a potential shake up remains to be seen. Luckily …
Tax Day 2012: DeMaio Touts Endorsements from Leading Taxpayer Watchdog Groups
As thousands of San Diegans rush to meet the deadline to pay their taxes, Mayoral candidate Carl DeMaio announced last night at his annual “Tax Day BBQ” that his campaign has received the endorsement of the National Tax Limitation Committee. DeMaio is also the choice for Mayor of San Diego Tax Fighters and the Howard Jarvis Taxpayers Association. “Carl DeMaio …
Meet Nathan Fletcher
Nathan spoke with KUSI this morning about his background, his boys and more. Check it out! http://www.youtube.com/watch?v=2Dwgc9tAztQ
KUSI Interviews: A Life of Overcoming Adversity
I haven’t spoken much about my childhood, but this morning I sat down with KUSI for a conversation about my upbringing. My experiences growing up shape who I am today – my drive, compassion, and tenacity in tackling every challenge. I’m grateful for the lessons I learned through those challenges. http://www.youtube.com/watch?v=sroV-cHJWm8 http://www.youtube.com/watch?v=t9aH3pp-8Fw
Fletcher for Mayor Launches Web Video, “Momentum”
Today we launched a new web video called, “Momentum!” We put this video together for you all to enjoy and relive the exciting momontum our campaign has experienced over the last 10 days.
In Case You Missed It: “Nathan Fletcher could be edging out Bob Filner”
This afternoon communications strategist Tony Manolatos and LaDonna Harvey analyzed the mayors race. Their exchange is below. LaDonna: There’s a new poll that says Nathan Fletcher could be edging out Bob Filner and could be meeting Bob Filner in the runoff election. Tony: Yeah, this week at San Diego Rostra they got ahold of a poll commissioned by Congressman Filner …
Steve Francis Endorses DeMaio
I’m grateful for the support of Steve Francis. I look forward to working with Steve and all who support real reform so that we can finally get City Hall positioned to get San Diegans back to work. We’re building a broad coalition of taxpayers, business leaders, and fiscal reformers who know that it takes more than rhetoric to effectively lead …
Word for Word
Courtesy of the San Diego Reader… “Mayoral candidate and district attorney Bonnie Dumanis, who yesterday (March 14) released a plan to improve City operations, seems to have plagiarized much of it from the County’s General Management System Manual, says Erik Bruvold, president of National University System Institute for Policy Research.” Here’s the link


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