The editorial linked below details the reasons California citizens need to get the signatures of 434,000 people by June 14, 2010 in order to qualify Initiative #1435 for the November ballot. Initiative #1435 would simply limit pensions for new state hires to $100,000. Public-employee unions have roundly rejected Initiative #1435 as they consider the public treasury their own.
From the Contra Costa Times.
Related posts:
- California city abusing public assets, funds-state
- Stock losses hit public pensions: U.S. Census
- California Republicans back Democrat governor on pensions
- Utah demands federal government return public lands to state
John Romano article archive.
