politics

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Anti-Pension Cabal? Smells that way

We have noted in past posting on the filing of a public pension initiative that there appeared to be a good deal of “coordination” in the effort, including a Stanford-Hoover MOOC (online course) on personal investments that somehow ends with a session on public pensions.  There appeared to be more involved than a few California mayors who are the official face. The fact that UC is swept into the initiative – although it is not a city and has its own set of pension modifications adopted by the Regents in 2010 – seems to be evidence of a larger agenda….

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More Let Me Outta Here Re: Pension Initiative

I want out! Yours truly has been posting about the recently filed public pension (and retiree health care) initiative which covers UC.  UC needs a strategy including first attempting to see if the sponsors will amend it or file a revised version that omits UC.  This is a political battle it would be best to avoid if possible. The initiative has the potential to become a “symbol” of intergenerational conflict as a recent article in calpensions.com points out.  Once things become symbols of something that goes beyond the issue at end – think “ObamaCare” – the pros and cons get…

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Let’s Start With This Idea on the Pension Initiative: One Size Doesn’t Fit All

Don’t buy it. Editorial: The pension (and retiree health) initiative on which we have been reporting on this blog sweeps in UC for no particular reason.  Yet all the propaganda concerning it so far deals with mayors and cities.  UC has no mayor and isn’t a city. Were the Regents consulted by initiative proponents?  Was anyone at UCOP consulted?  Anyone at UC at all?  Yours truly sincerely doubts it.  Did anyone in the group pushing the initiative look at such issues as faculty recruitment, compensation, or any other UC issue?  Did they look at the issue of the constitutional autonomy…

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Affirmative Action Case at Supreme Court

Blog readers will undoubtedly know that the U.S. Supreme Court is looking at the constitutionality of  Michigan ballot proposition that bans affirmative action in, among other things, public university admissions.  The Michigan proposition was a copy of California’s Prop 209.  Were the Michigan proposition voided, the same would likely happen to Prop 209.  Most observers seem to expect the court to uphold the Michigan proposition.  Prop 209 followed the UC Regents’ action banning affirmative action in admissions.  (The Regents later repealed their ban after 209 was enacted on the grounds that it was redundant.) Inside Higher Ed has an article…

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Curtain Lifted on Pension Initiative

Prior posts have alerted readers of this blog to a forthcoming public pension initiative.  The group that has been working on the initiative seems to have money for a campaign.  It takes $1-$2 million for signature gathering firms to get an initiative on the ballot.  If an initiative is controversial, it may take loads more money for TV advertising to mount a campaign. The initiative explicitly covers UC.  It has some ambiguous elements which we hope to unscramble.  Government employers are given the power to modify pensions and retiree health plans going forward for incumbent employees.  Note that the 2010…

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Public Pension Drumbeat Continues. UC Needs to Begin Planning for Staying Out of Planned Initiative

On Saturday, we alerted blog readers to the coordinated campaign to get some kind of public pension “reform” initiative on the California ballot.  At issue on Saturday was a Stanford-Hoover MOOC, ostensibly about retirement investing, but which culminates in a program on public pensions. The pension drumbeat continues, at this point by articles on the issue. For example, a recent op-ed in the San Diego Union-Tribune goes on about various municipal bankruptcies but contains a suggestion for a constitutional amendment in California.  The legislature is not about to put such an amendment on the ballot so it could only by…

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More Pension Tension (from a Stanford-Hoover MOOC)

Closed? Maybe it moved to Palo Alto. We have noted on this blog that there seems to be a move to get a public pension initiative on the ballot in California.  Although there have been previous efforts, there are signs that there may be money behind the current attempt.  “Coincidentally” – as they say – it appears that the Stanford Business School and the Hoover Institute are setting up a MOOC which on its face seems to be about general retirement issues such as how to invest your money.  But it somehow ends in a what-to-do-about-public-pensions program. From a media…

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DC Makes Lab Operations Dicey

From the San Francisco Chronicle we learn that Lawrence Livermore National Laboratory with 6,500 employees is due to shut down due to the federal government shutdown if a DC deal isn’t reached by October 21.  It is one of the labs administered in part by UC under a contract with the Dept. of Energy.  However, no shutdown plan is reported for the Lawrence Berkeley National Laboratory. Story at http://www.sfgate.com/default/article/Lawrence-Livermore-lab-faces-closure-under-4888789.php

Things to Come?

From the Chronicle of Higher Ed: The government shutdown that began last week is already taking a toll on higher education, despite assurances from policy makers that colleges and students would be largely spared in the short term. Research projects have been interrupted, academic meetings have been postponed or canceled, and some students are being urged to put off their educations until the federal-budget impasse ends. Such disruptions will only multiply as the shutdown drags on… So far, the shutdown has not affected Pell Grants or student loans, the cornerstones of the federal student-aid system. That’s because the programs are…

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More recall reflections

Same result Yesterday, we posted some video reflections on the California 2003 gubernatorial recall election.  In the end, the condition of the state budget seemed to determine voter opinion.  But, of course, the UC budget went for a ride on the state budget.  Below is a link to more video clips from this episode in state politics.[youtube http://www.youtube.com/watch?v=CkE11Egb_7Q?feature=player_detailpage]