Friday, October 19, 2012

About City Municipal Liabilities

Cities throughout the state of California are burdened by unfunded or underfunded pension obligations.

 Vallejo, then Stockton, Mammoth Lakes, and now San Bernardino have gone bankrupt-- When will this insanity stop?

Now Berkeley and Oakland are facing billions of dollars in liabilities. When will the public sector unions in the Bay area put the needs of the public ahead of the union and free up negotiations for health plans and pension funding?

When will the leaders in Sacramento demand not just pension reform but also limits on the collective bargaining rights of Big Labor? How about curbing the cowardice of our city  councils? So what if police, fire, and public workers go on strike? Call in the national guard to the work if necessary, just like Massachusetts Governor Calvin Coolidge in 1919!

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