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Why Pension Reform is Inevitable, and How Reforms Can Benefit the Economy
“The six-year bull market is admittedly long in the tooth.” CalSTRS Chief Investment Officer Chris Ailman, Sacramento Bee, July 17, 2015 If what Mr. Ailman really means is equity investments may not be...
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Why Aren't Unions Fighting California's Bullet Train Boondoggle?
Back in 2008, voters in California approved Prop. 1, a statewide initiative to spend, “$9 billion for building a new high-speed railroad between San Francisco and Los Angeles.” Total cost, $9.5...
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