How 401-k plans can approach zero annual administrative cost

Richard Rider, Chairman, San Diego Tax FightersUndesignated 4 Comments

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”

D.A. Bonnie DumanisUndesignated 1 Comment

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 …

Filner Pension Plan: Skip Reform, Protect the Government Employee Unions

Carl DeMaioCarl DeMaio 1 Comment

Earlier I issued the following statement in response  to the release of Congressman Bob Filner’s proposal to borrow more money to keep unsustainable city employee pensions in place without reform:  Paying One Credit Card With Another Bob Filner’s plan involves debt to pay debt.  Filner’s use of Pension Obligation Bonds is not reform and simply kicks the can down the …

San Diego Tax Fighters June Ballot Voter Recommendations

Richard Rider, Chairman, San Diego Tax FightersUndesignated 2 Comments

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 …

San Diego County Taxpayers Association issues June Ballot Recommendations

The Libertarian Lass, Gayle FalkenthalThe Libertarian Lass, Gayle Falkenthal Leave a Comment

As it does every election, the San Diego County Taxpayers Association has analyzed local propositions and selected state ballot measures with an economic impact on taxpayers, and issued its recommendations based on its mission statement, which is “promoting accountable, cost-effective and efficient government and opposing unnecessary taxes and fees.” SDCTA’s voting recommendations are: LOCAL PROPOSITIONS Proposition A – City of …

Mark Powell’s “No Hollow Promises, just Common-Sense Results!” Platform — for San Diego City Schools

Jim SillsJim Sills 3 Comments

Here is S.D. city school board Candidate Mark Powell’s  inspiring program for achievable reform, which he shared with SD Rostra. Since, I am basing my campaign on “No Hollow Promises,  just Common-Sense Results!” I needed to make sure my first year goals as a board member would not over promise and under deliver. I have set realistic goals and strive to …

UT San Diego: Nathan Fletcher in his own words

Nathan FletcherNathan Fletcher 5 Comments

From this morning’s UT San Diego: “Does this mean compromise is an end in itself? No. There is no compromise when it comes to the public interest or protecting taxpayers. Will we always agree? Of course not. Bold ideas will have opposition. Will everyone get what they want? Not a chance. But that doesn’t mean you can’t work for solutions …

Here’s the new San Diego Republican Voter Guide for the June 2012 Primary election

Jim SillsJim Sills Leave a Comment

Here’s a major reason people run for Republican Central Committee… to vote on Who gets a Place on this Influential Voter Guide.      In June 2010, roughly 105,000 registered Republicans elected the 55 Men and Women who made these Key endorsements.   The Power of this slate is well known in political circles.     In releasing it overnight, Chairman Tony Krvaric wrote, ” I just …

Gonzalez punishes Gloria and Lightner

Tony ManolatosTony Manolatos 11 Comments

[captionpix imgsrc=”http://sdrostra.com/wp-content/uploads/2012/04/lorena.jpg” captiontext=”Lorena Gonzalez”] Politics & Media Mashup There was a short but very telling story in Friday’s U-T San Diego. On the surface, “Labor gives ‘F’ grade to five on S.D. council” does not look like much more than a few inches on B2, but the story highlights how cutthroat politics can be at City Hall. The piece, written …

How Danon and Roberts COULD capitalize on Carl Hilliard’s $100K donation — first instance for this County election Law

Jim SillsJim Sills Leave a Comment

Here is a little-known County election law, “activated” now for the  first time by Carl Hilliard’s $100,000 donation to his own race for 3rd District County Supervisor.  The law imposes a limit of $500-per-donation on County candidates… but that  “Lid” comes off  if a candidate spends $100K + of their own funds.  NOW, my sources say, candidates Steve Danon and David Roberts could …

Judge candidate Miller endorsed by state party

Guest ColumnGuest Column Leave a Comment

from the Jim Miller for Judge campaign… The California Republican Party endorsed Jim Miller for Superior Court Judge yesterday.  This follows the endorsement of Miller by the San Diego County Republican Party in March, the Lincoln Club of San Diego County and ICaucus not to mention dozens of elected officials, attorneys and community leaders. In case you didn’t know Jim’s deputy DA opponent …

More Politics as Usual: Legislative Accomplishments

Nathan FletcherNathan Fletcher 4 Comments

“The latest attack from our opponents is more politics as usual. This one will backfire too, because we welcome a discussion of Nathan’s remarkable legislative record passing landmark legislation like Chelsea’s Law, tax reform, and regulatory relief. In just three years in office, Nathan Fletcher has been author of more pieces of legislation than Bob Filner has in his twenty …

Fletcher Missing on “Prop A” Attack

Carl DeMaioCarl DeMaio 15 Comments

Brown signs bill to punish San Diego for Proposition A. Fletcher skipped vote. UT San Diego reports that Governor Brown has signed Senate Bill 829, which would “deny state construction funds to cities that have bans on labor-friendly development contracts, potentially affecting three local municipalities.” Source: http://www.utsandiego.com/news/2012/apr/26/brown-moves-to-protect-labor-friendly-contract/ “I’ve defined my career on solving problems” – Nathan Fletcher, 4/23/12 When SB 829 was …

Congressman Bob Filner: Hypocrite

Nathan FletcherNathan Fletcher 12 Comments

Bob Filner is a hypocrite. He calls out special interests as an issue in this campaign – including Bridgepoint Education – but his Congressional campaign committee has collected over $4 million in special interest contributions from political action committees, including Bridgepoint Education. San Diegans deserve a mayor who is honest and consistent. Bob Filner received contributions from Bridgepoint Education. (The Center …

DeMaio wins state GOP endorsement

Thor's AssistantRostra Administrator (Thor's Assistant) 9 Comments

The California Republican Party board of directors voted just minutes ago to endorse Councilmember Carl DeMaio for mayor of San Diego. Following the local Republican Party’s endorsement, the state party’s support of DeMaio may come as little surprise, especially considering Assemblyman and mayoral hopeful Nathan Fletcher’s subsequent switch to a decline-to-state voter. However, the California GOP’s official position provides an …

UPDATE: Prop A Supporters Denounce Governor Brown for signing union protection measure

The Libertarian Lass, Gayle FalkenthalThe Libertarian Lass, Gayle Falkenthal 10 Comments

Once again, Sacramento has taken away a little more local control from cities over their own business, thanks to approval today by Governor Jerry Brown. Last week, the state Senate approved SB829, a labor union backed bill. The Senate’s approval of SB829 is an attempt to undercut Proposition A, the Fair and Open Competition Initiative, which is on the June …

Move to the Middle

Nathan FletcherUndesignated 2 Comments

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.

BREAKING: Sources say Tom Blair out at U-T

Tony ManolatosTony Manolatos 4 Comments

[captionpix imgsrc=”http://sdrostra.com/wp-content/uploads/2012/04/tom-blair.jpg” captiontext=”Tom Blair”] Tom Blair, a veteran Metro columnist at U-T San Diego, is no longer with the paper, sources said today. Two people who wish to remain anonymous because the U-T has not announced the move confirmed Blair and the paper parted ways. They said Blair was asked to scale his column back to a day or two …