Marcia Fritz, Fix Pensions Now: “We Can’t Afford to Party Like it’s 1999,” Joins Gadfly Radio to talk Dollars and Sense

Tuesday, June 19, on Gadfly RadioMarcia Fritz, C.P.A., and an active voice for Fix Pensions First | FixPensionsFirst.com, joins Martha Montelongo, with CalWatchDog‘s managing editor, John Seiler, and Ben Boychuk, Associate Editor with City Journal.

Tune in LIVE at 10:00 a.m. PDT on CRNtalk.com or on USTREAM TV’s CRNStudioLive!”

Related links for the show:
Viewpoints: When it comes to pensions, we can’t afford to party like it’s 1999 | Fix Pensions First

April 16th

By Marcia Fritz

The Legislature has until June 28 to put a constitutional amendment on the November ballot that would require all state and local government employees to contribute one-half the cost of their pensions. Future employees would be eligible for a hybrid plan that includes a defined benefit (pension) component, but with limits. The balance of the governor’s plan can be enacted through legislation.

Paying half of pension costs won’t be a shock to teachers and state employees – most pay half or close to half today. But thousands of local government employees retire at 55, collect six-figure pensions and lifetime health care benefits, and contribute nothing to their retirement plans.

Voters douse most tax-increase fires | CalWatchDog
June 15, 2012

By Dave Roberts

“…Despite fire tax proponents spending $177,000 (to zero spending by opponents), the tax hike failed to gain a majority of the vote, let alone the two-thirds required to pass.

It was always going to be a tough sell asking for an additional $2,200 per home over 10 years when most people have lost 39 percent of their net worth in the last three years and many are still staggering from the aftershocks of the Great Recession. But the district board decided to go for it anyway, doing the bidding of the firefighters union as it seeks to increase salaries, benefits and jobs.

Fire tax hikes were not that popular throughout the state. In addition to the failure of the East Contra Costa tax hike, a $100 tax hike in Higgins, a $40 hike in North Auburn-Ophir, a $79 tax in Placer Hills and a $59 tax in Crest all failed.

There were two successful fire tax measures: a $150 tax in Newcastle and a four-year extension of a $65 tax in San Mateo County.

Steven Greenhut: ‘Reforms’ will raise California taxes | The Orange County Register
June 16, 2012
By Steven Greenhut

SACRAMENTO – God help California from its current crop of wealthy “moderates” who believe that the only thing that will save our state is a dose of higher taxes. They continue to embrace electoral rule changes that ultimately will undermine the Republicans’ supposedly hard line against tax hikes.June 5 saw was the first election to use the “top two” primary system, a form of open primary designed specifically to elect more candidates who resemble former state Sen. Abel Maldonado and Gov. Arnold Schwarzenegger, the two politicians most responsible for its implementation. These are two of the least-effective and least-principled Republicans to attain higher office in recent years, so let this serve as a warning about what is to come.

The emerging California Fusion Party | CalWatchDog
By Wayne Lusvardi
June 18, 2012

Political fusion is an arrangement where two parties on a ballot list the same candidate. Fusion has been outlawed in many states.

A version of fusionism emerging in California is this under the new Top Two system, which voters approved under Proposition 14 back in 2010. The majority party floods election ballots with at least two of its candidates. Then it only allows the minority party to influence election results by endorsing one of the major party’s candidates. Another name for political fusion is cross-endorsement…

Now, the Union Pushback: Following big victories for public-pension reform in California, the union empire takes to the courts.
by Steven Greenhut – City Journal
June 12, 2012

The nation’s public-sector unions have become so emboldened by years of political victories, and so insulated from voter concerns, that they apparently never considered the possibility that voters, given a clear choice, would turn against them. Last Tuesday was as close as the nation gets to a clarifying election, the result of union overreach in Wisconsin and union intransigence in California. “Election results in California and Wisconsin this week are being viewed as a turning point for organized labor—to its detriment,” reported the Los Angeles Times, echoing a story line repeated nationwide.

In Tweet if You Love Pension Reform, June 7 in Fox & Hound, Marcia Fritz pitches a Hail Mary pass, a last ditch effort to get the CA Legislature to do the right thing

Fix Pensions First Launches an Urgent Twitter Campaign, and invites everyone to participate. They’ll give you critical facts in small daily doses, so you don’t get blown away, and so you can be compelled to be a part of a last ditch effort to reform pensions at the state level, before it’s too late.

Follow @FixPensions. Take 10 seconds to consider the information on your screen and another 10 seconds to share it. Twitter will take care of the rest.


The legislature has until June 28 to place a constitutional amendment on the November ballot to require public employees to pay half the cost of their pensions, link state retirement ages with federal retirement ages and provide retirement plans to future employees that share the risk of investment losses with taxpayers.

Click here to read the full piece, and see the dramatic graphs to drive home the urgency of this reform critical reform measure.

Tonight on Gadfly Radio w/ Martha & CalWatchDog’s John Seiler, CA City Journal’s Ben Boychuk & Special Guest Marcia Friz of Fix Pensions First

Gadfly Radio Tonight, at 8 PM PT


Live Call in number: 1-818-602-4929
November 8, 2011:  Tonight live at 8 p.m. PT on Gadfly Radio, Martha Montelongo along with Ben Boychuk of CA City Journal and John Seiler of CalWatchDog.com. We welcome back Marcia Fritz of Fix Pensions First . We’ll talk with Fritz on the Hot Button role of Public-Sector Pension reform initiatives and the mayoral candidate races today, in two major cities in CA–San Diego and San Francisco. We’ll talk with Marcia about the reform measures just recently proposed by Gov Jerry Brown, and we’ll ask her about the two initiatives that California Pension Reform just filed with the CA Attorney General, reported in the OC Register on November 2, 2011 as Aggressive pension reforms closer to ballot box.   Do they go far enough?

We also want to chat with Fritz about their recently updated publication of the California-$100,000-a-Year-at a-Minimum-Pension-Club.  It’s grown 99% in the past two years ($100K pension club soars 99% in two years)!

Related Links:

San Francisco’s Pension Crisis
by Judith Miller
San Francisco’s Pension Crisis:  Will the liberal city’s residents, worried about retirement costs’ “crowding out” services, embrace reform?
November 7, 2011

$100K pension club soars 99% in two years
by John Seiler,
CalWatchDog.com, November 3rd, 2011
Municipal Bond Credit Is Imploding By CHRIS STREET at CalWatchDog.com, NOV. 7, 2011

We’ll take your calls, questions and comments on the air at 1-818-602-4929.

 

I am a stand for liberty, freedom and prosperity for all people; a stand for vibrant and innovative small businesses that create jobs, that in the process of prospering, nurture and support creative and dynamic culture, in the work place, and in our personal lives.



Thank you for supporting our program, by listening, sponsoring, and or sharing this post with others. 

It’s a pleasure to share this program with 
CalWatchDog’s team of government policy watch dogs and the great investigative work they produce! 

Tuesday nights live, on Gadfly Radio in Southern California or where ever you are. California, the land of beauty and unlimited possibility because of the abundance of our greatest capital resource, our human resources, when we get it right. Join us. 

Or you can listen to a podcast later, if you miss the live call-in show by clicking on the white player to stream or the orange player to download and or subscribe to Gadfly on iTunes:


iTunes



Tonight on Gadfly Radio w/ Martha Montelongo & CalWatchDog’s John Seiler, CA City Journal’s Ben Boychuk & Special Guest, Marcia Fritz CPA, President of Californians 4 Fiscal Responsibility.

Gadfly Radio Tonight, at 8 PM PT


Live Call in number: 1-818-602-4929 
September 13, 2011 Tonight live at 8PM PT:  Tonight on Gadfly Radio, Ben Boychuk of CA City Journal joins me as we talk with John Seiler of CalWatchDog.com, with special guest Marcia Fritz CPA, President of California Foundation for Fiscal Responsibility.

Yesterday Flashreport published an op-ed called REFORM PUBLIC PENSIONS OR PERISH, co-authored by Carl DeMaio, San Diego City Councilman and Jon Coupal, President, Howard Jarvis Taxpayers Association.

Today, John Seiler posted a follow up piece in what appears to be a back and forth rally between he and CalPERS, titled CalPERS Misleads Members on 20.7% Gain.

On Sept. 1, I wrote an article on CalWatchDog.com, “CalPERS Still Boasting of 20.7 Percent Gain,” which was what they made from July 1, 2010 to June 30, 2011. In the subsequent two months, the fund had dropped 4.4 percent. Yet, as I reported, CalPERS still was boasting of the 20.7 percent in the fall number of PERSpective, the newsletter mailed to its members in late August.


Some members must have griped to CalPERS because, on Sept. 12, it responded to me, by name, on its CalPERS Responds Web site. There’s no link to my original article, so members can’t easily check for themselves what I actually said.

We’ll talk about the issue, the spin from CalPERS, and the dire straights of California’s economy tonight on Gadfly Radio.

Today I had an exchange with a very nice man who is  offended by this ‘tirade’ by angry taxpayers to reform what the voters approved in terms of Public Employee Pensions and benefits.  We’ll definitely discuss this point with Marcia Fritz, John Seiler and Ben Boychuk tonight.

Should taxpayers bleed their jobs, assets, disposable income, city services  and more for the sake of being held to fulfill on promises we agreed to, even if we didn’t know what the formulas amounted to, or didn’t understand what they meant in terms of size of retirement incomes?    He thinks yes.  This is the battleline.  I’m for hugging our adversary and saying we’re all in this together.  What is unsustainable is unsustainable and there are consequences for not addressing destructive policy.  For the sake of a healthy economy and communities, we have to reform. 

Ben Boychuk is reporting live with Parent Revolution’s First-of-its-Kind Parent Power Express Bus Tour in Los Angeles TODAY!

We’ll take your calls, questions and comments on the air at 1-818-602-4929.

I am a stand for liberty, freedom and prosperity for all people; a stand for vibrant and innovative small businesses that create jobs, that in the process of prospering, nurture and support creative and dynamic culture, in the work place, and in our personal lives.

Thank you for supporting our program, by listening, sponsoring, and or sharing this post with others.

It’s a pleasure to share this program with
CalWatchDog’s
team of government policy watch dogs and the great investigative work they produce!

Tuesday nights live, on Gadfly Radio in Southern California or where ever you are. California, the land of beauty and unlimited possibility because of the abundance of our greatest capital resource, our human resources, when we get it right. Join us.

Or you can listen to a podcast later, if you miss the live call-in show by clicking on the white player to stream or the orange player to download and or subscribe to Gadfly on iTunes:



iTunes

Public Asked to Help Reform Pensions in CA by The CA Foundation for Fiscal Reform

By Marcia Fritz

President of the California Foundation for Fiscal Responsibility
Thu, January 6th, 2011

The California Foundation for Fiscal Responsibility posted two alternative public pension reform plans on our Web site, and we are inviting stakeholders and the public to help solve one of the most critical problems facing California.
Our lawmakers can’t fix California’s public pension crisis without the public’s help, and it’s got to be done right the first time. If it becomes necessary to put a constitutional amendment before voters, it should be drafted with input from stakeholders, experts and voters. CaliforniaPensionReform.com offers a forum to anyone with information or opinions that can contribute to a healthy debate.
Click here to read more.

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Property Rights Abuse, a Muni Stadium for City of Industy, a Model of Victory? For Whom? & Let’s talk Sat Night for a Special Round: Nov 7, 2009



Join me on the air, Saturday at 10 AM PT on CRN Digital Talk Radio, & on
CRNtalk.com CRN 1
Call in number: 1-800-336-2225

For a Quick and Easy Link to Listen Live Click Here (Thanks to Jack Dean!)

Marcia Fritz will be on the air again Saturday night on CRN Digital Talk Radio on the Nicole Bella Remini Show with guest host Martha Montelongo. The show airs from 8-11 pm Pacific, and Marcia will be on during the 10 pm hour. She’ll be talking about the two pension reform ballot initiatives just filed by CFFR with California’s Attorney General.

My special guests include Eric Singer of the “Congressional Effect Fund” on how Obama’s Pay Czar is driving talent away, and killing value for the companies which received TARP monies. We’ll also ask him about Congress’s plan to re-energize the the Community Reinvestment Act–the same act that brought us the housing market bubble, and credit market meltdown. It promises to usher in the next mortgage and credit crisis in the name of “helping to stimulate” the economy. With the Government buying up mortgages how do we really know the value of the market or how it’s doing?

Marita Noon, Executive Director of Citizens for Responsible Energy, on the U.S. House Democrats recent passing the Climate Change bill out of committee, despite a boycott of the bill by Republicans. Is there any fall out for the Dems, for this heavy handed maneuver? What’s in the bill? What’s the status, now, and how has it been affected by the recent elections where a lot of Democrats in races, up and down, lost big.

In July, Sacramento State published a study that predicted California’s version of Cap and Trade, AB32, would cost millions of jobs and billions of dollars to small businesses, the bulk of job creators and providers in the CA economy. It caused quite a debate, but it’s still in force, and its impact is just hitting hard, to businesses, their employees, and consumers, and overturning it is a daunting task.

Marcia Fritz, President of Californians for Pension Reform, will talk with us about the two new Pension Reform Ballot Initiatives for CA, to reform public employee pension policy for future hires, and how taxpayers/voters can put the brakes on this runaway train.

There are over 9000 CalPERS and CalSTRS members combined in the $100,000 Pension Club, and a large 40 to 50 percent of current public employees with these absurd defined-benefit-taxpayer-obligated pensions in CA, are slated to retire in the next five to seven years.
What do we do to change an unsustainable level of future pension obligations? Ms Fritz has got a plan.

Live from the Conference on Property Rights Abuse sponsored by MORR (Municipal Officials for Redevelopment Reform), we’ll talk with two of the featured guest speakers concerning the abuse of redevelopment that went into securing the land for the stadium to be built in the City of Industry, the costs to taxpayers for municipal stadiums and the arguments for revenues and jobs they are said to generate.

My two guests will be Dr. Victor M. Valle, Cal Poly Professor, Pulitzer Prize-winning, former Los Angeles Times Reporter and the author of City of Industry: Genealogies of Power in Southern California, and Dr. Roger Noll, Stanford Professor, nation’s foremost expert on sports economics and author of Sports, Jobs and Taxes.

We’ll have fun visiting. Remember, you’ve gotta be a happy warrior if you’re going to outlast our foes of liberty and free enterprise. Keep your cool, but be stimulated… Join us.

The lines are open. I hope you put us on your calendar, tune in, give us a call, and join us for hot talk radio, Saturday at 10AM PT, one fast hour on CRN 1
CRN Digital Talk Radio is now available in High Definition audio! Listen to CRN on your local cable or satellite provider, local radio affiliate, mobile device or at CRN! To see where CRN is available in your area click here.
To request CRN Digital Talk Radio in your home or for advertising information, email
info@CRNi.net.

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