David Greenfield's opinion piece for FrontPageMag.com explaining how CalPERS dug itself into a deep hole with “socially responsible investing“, which cost the fund billions of dollars. Compounded by its latest decision to divest money from profitable gun manufacturers, CalPERS is now bankrupting entire California municipalities because of its own corruption and incompetence.

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In her column for the Orange County Register, Rebecca Friedrichs recalls her 25 years of experience working with public sector unions as teacher in California to rebut a prior column by Kevin O'Leary which claims that "Right to Work sets workers free to freeload."

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Chris Reed of City Journal points out the hypocrisy of California Federation of Teachers’ short cartoon, “Tax the Rich: An Animated Fairy Tale" portraying wealthy individuals urinating on the poor, when the CFT itself enforces a Sacramento status quo that holds minorities in contempt and elevates teachers’ and unions’ interests above all others.

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Bloomberg News reports union-negotiated benefits, coupled with overtime that can exceed regular pay and lax enforcement of limits on accumulating unused vacation, allow some troopers to double their annual earnings and retire as young as age 50. The payments they get are unmatched by those elsewhere, according to data compiled on 1.4 million employees of the 12 states.

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Bloomberg reports that public sector payroll data on 1.4 million public employees in the 12 most-populous states show that California has set a pattern of lax management, inefficient operations and out-of-control costs.

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