The U-T has a great article on changes in the portfolio mix of the San Diego County employee pension fund. In 2009, the county fired the fund manager after losses totaling $2 billion in 2008. Assuming that the fund had about $9 billion at the time, that is a loss of 22%, compared withan an S&P loss of 37% for …
Lesa Heebner’s City-Wide Plastic Bag Ban Threatens Solana Beach Residents’ Health
What started as a ceremonial gesture to appease the radicals who influence the Solana Beach City Council, has now turned into a possible health epidemic. Lesa Heebner’s radicals scared the rest of the City Council into passing a ban, using religious groups, anti-progress non-profits, and animal-rights groups, to produce on-line videos. The thrust of Heebner’s message is that plastic bags …
American Enterprise Institute Speech
If you missed my speech last week, you can view it by clicking the link below. http://www.aei.org/events/2013/01/15/san-diego-public-pension-reforms-a-road-map-for-the-nation/
CA vs. the Other States — Revised 1/18/13
Breaking Bad: California vs. the Other States by Richard Rider – Chairman, San Diego Tax Fighters Revised: 18 January, 2013 Updated version online at: http://www.tinyurl.com/CA-vs-other-states Email: RRider92131@GMail.com Phone: 858-530-3027 Rider Blog: www.RiderRants.BlogSpot.com Facebook “blog” page: http://www.facebook.com/Richard.Rider Here’s a depressing but documented comparison of California taxes and economic climate with the rest of the states. The news is breaking bad, and …
Filner’s Start in Office
. . . is not that great. I was happy he is stopping medical marijuana outlet harassment by the city, but is that really a burning issue? Beyond that Filner’s start in office has not made me optimistic. He cancelled new managed competition actions, claiming that more study is needed and that service levels have suffered. The Miramar landfill competition …
Rethinking Lance Armstrong
I’ve laughed in the past at those so willing to defend the late Michael Jackson based solely in their seemingly blind belief that he was too talented to have any “issues” … or at least any poor judgment. They would put him on a pedestal, perhaps not wanting the worst to be true. It’s clear that I, admittedly, have done …
Press Release: Website dedicated to exposing wasteful and fraudulent nature of San Diego Convention Center expansion
SD Rostra is sharing this press release because it’s of interest…even with the dangling preposition in the long subhead… From Rigged Bidding Process Intended to Give Unions Monopoly Building “Agreement” to Unanswered Environmental and Funding Questions Website Covers What Others Have Failed To San Diego, CA– Today the website San Diego Convention Center Scam was unveiled. This website is dedicated to …
It’s time to start talking about the Constitution
Guest Commentary by Michael Schwartz What has to be understood about guns is it doesn’t matter what polls say or what crime statistics show. If it did matter and it was up to the public, we wouldn’t need an amendment in place to protect gun rights. The Second Amendment guarantees civilians their right to own and carry guns used by …
Brulte Kicks Off CRP Bid At San Diego GOP Meeting
Also posted earlier to FlashReport… Last night I was pleased to be on hand as, in front of an enthusiastic crowd of over 300 GOP leaders and activists at the monthly meeting of the San Diego County Republican Party Central Committee, former State Senator Jim Brulte officially kicked off his campaign for Chairman of the California Republican Party. Popular San …
SDNR: Filner’s Follies
“More disturbing, however, was the mayor’s shocking lack of basic knowledge about how his office functions alongside other civic organizations.” From Michael Rosen at San Diego News Room… Filner’s Follies: Ignorance, More Than Disrespect Written by Michael M. Rosen Friday, 11 January 2013 Well that was interesting. Newly-installed San Diego Mayor Bob Filner capped off an exciting week with a …
Brown Planning Pay Raises for State Workers
At least that’s my take on these comments, as quoted in the U-T article headlined “NOT ALL PROP. 30 TAX HIKE MONEY GOING TO SCHOOLS.” Brown’s proposed $97.7 billion general fund budget assumes no state employee raises beyond those already required in union contracts. But contracts for all but two of the state’s 21 bargaining units are set to expire …
Menage a Tony
Tony Krvaric doesn’t have the easiest look on his face. Is this post-partisanship? Naaaah, just some fun at the SD Association of Realtors dinner, before he puts the gloves on tomorrow at central committee.
Faulconer: Pension Losses Underscore Need for Reform
Faulconer Statement on Pension Fund Investment Losses Underscores importance of fully implementing voter approved pension reform measure that will save taxpayers nearly $1 billion SAN DIEGO — Councilmember Kevin L. Faulconer released the following statement today regarding the San Diego City Employees Retirement System (SDCERS) actuarial valuation for fiscal year 2012. “San Diego voters overwhelmingly approved Proposition B to …
ASSEMBLYMAN JONES REACTS TO THE GOVERNOR’S 2013-14 STATE BUDGET PROPOSAL
SACRAMENTO – Assemblyman Brian Jones, R-Santee, today reacts to the Governor’s 2013-14 budget proposal, calling on legislative Democrats to uphold voter’s intent and be transparent through the budget process. “Republicans have been talking about the need for fiscal restraint in California for years, and I am very encouraged that Governor Brown is focusing on this now, but Californian’s should watch …
Golden State Can Be Reinvigorated
If you are worried about California’s future, there’s no shortage of disturbing statistics to keep you up at night. California’s unemployment rate was 9.8 percent in November – and, with a host of new regulatory mandates added when the New Year began, our state is becoming even more unattractive for businesses. California’s three largest pension funds have promised $500 billion …
California poverty rate now highest in the nation — by FAR
RIDER COMMENT: The story below has prompted me to add an unpleasant fact to my “California vs. the Other 49 States” fact sheet. As is my policy, I had to drop another telling fact, trying to keep the piece to two printed pages. The new fact is based on a more sophisticated measure of poverty, now used by the U.S. …
Carl DeMaio to Chair Reform Groups Focusing on California and San Diego
San Diego – Former Mayoral Candidate Carl DeMaio announced today that he will continue his work as a government watchdog by heading up two reform groups – one focused on the State of California, and one focused on the City of San Diego. “I’m excited to take on these two new roles that allow me to continue to shine a …
Could Gun Control or Mental Health Care Have Prevented Sandy Hook?
Originally published by Communities @ Washington Times SAN DIEGO, December 20, 2012 — Nothing can adequately explain the horror of 20 children and six adults killed by Adam Lanza at Sandy Hook Elementary School. It was every parent’s worst nightmare, and it left a shocked country seeking answers and guarantees against future violence. It must be possible to prevent this …
San Diego Republicans Announce Francis Barraza as Executive Director
Party promotes former Finance Director and young up-and-coming leader Francis Barraza to post of Executive Director, embracing aggressive vision SAN DIEGO, California (January 08, 2013) — Embracing an aggressive vision of taking the Republican Party’s proud message of personal freedom and free enterprise to every corner of San Diego County, the Party’s executive committee last night elevated former Finance Director …
State legislature to consider giving government workers yet ANOTHER paid holiday
Allow me to summarize the article below. It exemplifies all too well the three stages of CA government thrift: 1. In the 2009 recession, CA state workers lost two holidays that no one honors in the private sector. 2. Shortly thereafter the state gave them back the two paid holidays, with the added benefit that they could use them anytime …
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