Monthly Archives: November 2011

OPERS Circles the Wagons Around Failing Defined Benefit System

On the heels of sweeping public pension reform in Rhode Island, the Ohio Public Employees Retirement System (OPERS) is circling the wagons as inevitable public pension reform approaches. OPERS has clearly drawn its line in the sand: a full-throated defense …

Posted in Pensions | 2 Comments

San Francisco Jumps on Public Pension Reform Bandwagon

As goes San Francisco, so goes the nation? Well, maybe not. Actually, almost never. But that may be changing when it comes to public pension reform. As the battles over pension reform commence in states and localities across the nation, …

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Crossing the Rubicon: Consequences of a “No Reform” Ohio

In the wake of the defeat of Issue 2 last week, it is important to raise the question, what now? After all, it’s not like the problem of what to do with strained local government budgets is simply going to …

Posted in Public Sector Reform | 4 Comments

Joining Forces Needed in New Environment

Irrespective of the position that one took on Issue 2, there can be no doubt that there is still a looming problem of, perhaps, epic proportion when it comes to how local governments are going to be able to afford …

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Watch Out for the U.S. EPA

It is easy to take pot shots at the U.S. EPA. For many, its very name has become synonymous with overzealous government regulators that want to shut down power plants and make life generally miserable for industry. While the caricature …

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Guess Who Else Thinks the Grand Bargain is Dead?

Quick quiz. Read the following quote from an interview and see if you can guess who said it. “If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn …

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Straw In The Wind

Colorado voters have just overwhelmingly rejected Proposition 103, a statewide ballot initiative that would have raised $3 billion of new money for the state K-12 public schools by increases in both the sales and income tax. The final vote was …

Posted in Regulation | 1 Comment