Interesting Analysis of Public Pension Funds

For an interesting analysis of the hidden dangers of public pension funds, see the article by Andrew G Biggs in the WSJ of Monday, 12/16/13.  Mr. Biggs does an interesting analysis comparing funding levels and investment risks of public pension funds from approximately 1975 to present time.  He concludes that ...Read More

CONGRESS HALTS FAA’S FURLOUGH ABUSE

Congress overwhelming decided to reverse the Federal Aviation Administration’s sequester furloughs with a veto proof majority in response to the FAA’s furlough of all employees as the result of the Federal sequesters spending cuts.  The automatic spending sequester cuts resulted in a 4% reduction in the FAA’s budget.  In response, ...Read More

Paul Goyette on News 10 Discussing the Stockton Bankruptcy

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EMPLOYEE ORGANIZATIONS NEED TO CREATE VALUE

EMPLOYEE ORGANIZATIONS NEED TO CREATE VALUE Anyone involved with their union or employee organization would be well advised to read the recent article by Holman W. Jenkins, Jr. in the Wall Street journal entitled “What Labor Could Learn Form NFL Refs”. Jenkins, Jr. accurately concludes that the reason the NFL ...Read More

Media Coverage on Gregory Dean Criminal Trial

Gregory Dean Criminal Trial http://www.porac.org/ldf/articles/november%202%202005.html       DEPUTY ACQUITTED OF HOMICIDE CHARGES  By Paul Q. Goyette Goyette & Associates Shasta County Sheriff’s Deputy Gregory Dean was found not guilty of the homicide of Khamhane Philapandeth by a Shasta County jury on Thursday, October 13, 2005.  That same jury convicted Dean ...Read More

HEALTH OF PUBLIC PENSION SYSTEMS TIED TO CALIFORNIA’S MOUNTAIN OF DEBT

How does it feel knowing that your pension is tied to the success or failure of the high-speed rail project?  Both the short and long term health and viability of California’s State and Local Pension Funds are tied directly to how California deals with its other massive debt obligations. It ...Read More