Articles & Op-Eds

“CALSTRS BITES APPLE!” Medium, 2/8/18.

“California’s OPEB Crisis” Medium, 2/6/18.

“Jerry Brown’s Timid Education Agenda” Medium, 1/28/18.

“California Should Address Licensing Reform – And Stop Adding Violins To The String Section” Hoover Institution, 1/25/18.

“California’s Own Shutdown” Medium, 1/20/18.

“Governor Brown Is 100 Percent Correct” Medium, 1/18/18.

“CA Legislators Must Walk MLK Day Talk” Medium, 1/15/18.

“Shades of Political Deception” Medium, 1/7/18.

“A Pro-Citizen 2018 Agenda For California” Medium, 1/2/18.

“Tithing To California’s Democracy” Medium, 12/30/17.

“Immorality in California Politics” Medium, 12/26/17.

“CA’s Next Budget Will Not Tell The Truth” Medium, 12/22/17.

“More Pension Math” Medium, 12/19/17.

“Misunderstanding Citizens United in CA” Medium, 12/19/17.

“Courage: The Most Overused Word In Politics” Medium, 12/13/17.

“Jerry Brown Steps Up For Citizens” Medium, 11/27/17.

“Future Firefighters Beware!” Medium, 11/10/17.

“Hickenlooper Channels Raimondo” Medium, 11/8/17.

“You Have More Power Than Facebook” Medium, 11/5/17.

“A Tale Of Two Public Pension Plans” Medium, 11/2/17.

“Dark Money Didn’t Cause This CA Problem” Medium, 10/31/17.

“Ugly Political Hypocrisy In California” Medium, 10/28/17.

“California Gubernatorial Debate Left Big Stone Unturned” Medium, 10/27/17.

“While LA Sleeps” Medium, 10/22/17.

“CA Can’t Blame Trump For This Problem” Medium, 10/15/17.

“Now That Drug Cost Increases Must Be Explained in California . . .” Medium, 10/11/17.

“A Message To California Republicans” Medium, 10/5/17.

“Next Steps On Healthcare In California” Medium, 10/2/17.

“For Whom CalPERS’s Funded Status Tolls” Medium, 9/23/17.

“CA Should Raise Teacher Pay By Reducing Unfunded Retirement Liabilities” Medium, 9/16/17.

“Political Dissonance in California” Medium, 9/14/17.

“Pension and Other Retirement Costs Are Crowding Out SF School Teachers” Medium, 8/21/17.

“Meet The New Boss. Same As The Old Boss.” Medium, 8/13/17.

“CA Continues To Abandon UC and CSU” Medium, 8/7/17.

“These California Republicans Should Stop Whining” Medium, 7/30/17.

“A Teachable Pension Math Moment” Medium, 7/15/17.

“The Great California Classroom Robbery” Medium, 7/8/17.

“Pension Deficits Are Not Like Droughts” Medium, 7/3/17.

“A Sad Day For Truth-Telling In Sacramento” Medium, 6/23/17.

“Jerry Brown’s Big Skim” Medium, 6/19/17.

“California Elects Not to Pay Down Pension Debt” Medium, 6/17/17.

“Shallow Waters” Medium, 6/9/17.

“Proposed state health care plan is a faux single-payer system” San Francisco Chronicle, 6/6/17.

“Unhealthy Legislation in Sacramento” Medium, 5/31/17.

“The Real Reason Behind The CA Single Payer Proposal” Medium, 5/23/17.

“California Cover Up” Medium, 5/19/17.

“Boosting Pension Contributions Is Fine” Medium, 5/15/17.

“Plus Ça Change in California” Medium, 5/13/17.


“CA Legislature Must Stop Bullying UC” Medium, 5/2/17.

“Don’t Blame UC for Establishing a Reserve” Medium, 4/28/17.

“Healthcare Providers Aren’t Greedier than Uber” Medium, 4/24/17.

“Dissecting San Jose Unified” Medium, 4/9/17.

“California’s K-12 Pension Cost Crisis” Medium, 4/3/17.

“California Needs A Truman Committee” Medium, 3/31/17.

“California Dodges One Bullet” Medium, 3/26/17.

“Clearing Up Public Pension Accounting” Medium, 3/23/17.

“San Francisco Officials Are Chasing Rabbits” Medium, 3/21/17.

“Clearing Up More Pension Math” Medium, 3/17/17.

“Political Courage, California Style” Medium, 3/9/17.

“It’s The Lie That Gets You” Medium, 3/4/17.

“An Alternative To Alternative News” Medium, 2/20/17.

“California Starvin’ [Its Universities]” Medium, 2/3/17.

“UC and CSU Need Help From Legislature” Medium, 2/3/17.

“How To Differentiate California’s Gubernatorial Candidates” Medium, 2/1/17.

“California’s Hidden Expenses: Part IV” Medium, 1/27/17.

“More Alternative Facts From CalSTRS” Medium, 1/25/17.

“Big Changes In California’s Spending” Medium, 1/24/17.

“California’s Hidden Expenses: Part III” Medium, 1/22/17.

“California’s Hidden Expenses: Part II” Medium, 1/20/17.

“Hidden Expenses In California’s Budget” Medium, 1/18/17.

“Dissecting California’s Corrections Budget” Medium, 1/16/17.

“The good, the bad and the ugly of Obamacare” San Francisco Chronicle, 1/13/17.

“Exxon, CalPERS and CalSTRS: Partners In Deception” Medium, 1/10/17.

“For Whom the California Budget Tolls” Medium, 1/6/17.

“Fix Medi-Cal Or Lose UC and CSU” Medium, 1/4/17.

“CalPERS Must Stop Spinning, Part II” Medium, 12/23/16.

“CalPERS Refuses To Bite Bullet” Medium, 12/17/16.

“Next Generation Is On CalPERS’s Menu” Medium, 12/15/16.

“Clearing Up Some Pension Math” Medium, 12/4/16.

“Public Pension Costs: Potential Good News for Californians” Medium, 11/25/16.

“Time For CalPERS To Lead” Medium, 11/21/16.

“MCERA: Will CA Supreme Court Justices Be Courageous?” Medium, 11/15/16.

“Guidelines for Contributors to California Gubernatorial Candidates” Medium, 11/10/16.

“Defined Benefit Plans Per Se Are Not The Problem” Medium, 11/4/16.

“Ontario Is A Model For California’s Pension Plans” Medium, 10/29/16.

“California’s Governors Should Send Their Kids To Public Schools” Medium, 10/24/16.

“The Ultimate Recipients of California’s State Spending” Medium, 10/19/16.

“Big Changes in California’s Spending” Medium, 09/24/16.

“Big Profits From California’s Public Spending” Medium, 09/07/16.

“Rahm Emanuel Rescues The Truth” Medium, 08/17/16.

“How Coiled Springs Turned 96% Into 69%” Medium, 08/17/16.

“Clinton and Trump Have This One Thing In Common” Medium, 08/11/16.

“California Legislature Picks on UC Again” Medium, 08/11/16.

“The Crux of the Pension Matter” Medium, 08/06/16.

“A Most Consequential State Election” Medium, 08/01/16.

“CalSTRS’s Too-Great Expectations” Medium, 07/26/16.

“Truth or Consequences” Medium, 07/21/16.

“The Consequences of Weak Pension Earnings” Medium, 07/18/16.

“A Summer Action Plan For America’s Elites” Medium, 07/07/16.

“A Tale of Two Pension Funds” Medium, 06/30/16.

“Protecting CA Students From Pension Costs” Medium, 06/20/16.

“California: High Taxes, Low Services” Medium, 05/24/16.

“How To Save California’s Public Schools” Medium, 05/17/16.

“Pension Costs and K-12 Budgets in California” Medium, 05/15/16.

“How To Save the University of California” Medium, 05/10/16.

“Prison Guards 3, Parks and Kids 0” Medium, 04/29/16.

“Better Disclosure Needed From CalSTRS” Medium, 04/27/16.

“A Day in the (Financial) Life of the California Democratic Party” Medium, 04/22/16.

“California Cocktail Party Blues” Medium, 04/20/16.

“What Accrual Accounting Would Have Exposed, Part II'” Medium, 02/29/16.

“Further to ‘More Truthiness From CalSTR’s CEO'” Medium, 02/29/16.

“What Accrual Accounting Would’ve Exposed” Medium, 02/26/16.

“More Truthiness From CalSTRS’s CEO” Medium, 02/08/16.

“Jerry Brown’s Excellent Budget — At Least On a Cash Basis” Medium, 01/11/16.

“Steep Drop in CalPERS Funded Ratio, 1995–2015” Medium, 01/06/16.

“Update: CA’s FY2015 Pension Liability” Medium, 01/04/16.

“Donors Should Ask Candidates About Vergara and Pensions” Medium, 12/21/15.

“Flash: California Issues $9 Billion in Debt” Medium, 12/21/15.

“CalPERS Must Stop Spinning” Medium, 11/30/15.

“CalPERS’s Anemic Private Equity Returns” Medium, 11/25/15.

“Jerry Brown v. Rob Feckner on Pension Funding: Why It Matters” Medium, 11/23/15.

“Know Your Candidate, Part II” Medium, 11/22/15.

“Know Your Candidate!” Medium, 10/20/15.

“Why Public Services in California Decline Even As Revenues Rise” Contra Costa Times, 8/22/15.

“A perfect time for the governor to fix California’s accounting” The San Francisco Chronicle, 7/15/15.

“Big money talks in California politics” The San Diego Union-Tribune, 6/17/15.

“Stock market soars — and so do public pension costs” Capitol Weekly, 5/26/15.

“Brown must beware the bull market” The Sacramento Bee, 5/11/15.

“Governor must get real about $72 billion debt for retirees’ health care costs” San Jose Mercury News, 2/11/15.

“Four shadows fall across California’s budget” San Francisco Chronicle, 1/2/15.

“Three fiscal issues the Legislature should address” The Sacramento Bee, 11/29/14.

“How The Past Can Devour The Future” Fox & Hounds, 7/22/14.

“Tenure reform should be part of education-code revamp” San Francisco Chronicle, 7/4/14.

“Governors shouldn’t hide costs even when they can” Contra Costa Times, 6/6/14.

“Tithe to democracy – donate to well-meaning candidates” San Francisco Chronicle, 5/16/14.

“How Jerry Brown Hoodwinks Reporters” Bloomberg View, 4/13/14.

“Finding $240 Billion for CalSTRS” Fox & Hounds, 3/17/14.

“Teachers’ pension crisis: How it happened” U-T San Diego, 3/8/14.

“California’s $600 Billion Sinkhole” Bloomberg View, 3/3/14.

“Full Explanation Required From CalSTRS’s CEO” Fox & Hounds, 2/26/14.

“Pensioners living longer isn’t the only cost crisis cities face” San Jose Mercury News, 2/20/14.

“Memo to Legislature: No time for half measures on CalSTRS” The Sacramento Bee, 2/19/14.

“Playing accounting games puts red-ink budgets in the black” SF Chronicle, 2/7/14.

“As Days Go By: Why Jerry Brown Must Act THIS Year On CalSTRS” Fox & Hounds, 1/15/14.

“Defuse the Bomb That Threatens State Budgets” Bloomberg Opinion, 12/20/13.

“CalSTRS must be the Legislature’s top priority in 2014” The Sacramento Bee, 12/18/13.

“Another Smokescreen from CalSTRS’s CEO” Fox & Hounds, 12/4/13.

“Deciphering Public Pension Fund Investment Fee Reports” Fox & Hounds, 11/25/13.

“The Health-Care Spoiler in California’s Rosy Budget” Bloomberg View, 11/22/13.

“What’s Really the Principal Cause of CalSTRS’s Shortfall?” Fox & Hounds, 10/29/13.

“1,200 Days to Change America’s Trajectory” Ozy, 10/24/13.

“Pension Funds Love Wall Street” Bloomberg View, 10/23/13.

“Climate and Pension Activists Should Unite” Huffington Post, 10/11/13.

“Politicians Need Your Charity” Ozy, 10/2/13.

“Why Jon Stewart is Wrong About California” Ozy, 9/12/13.

“BART labor talks have many stakeholders” San Francisco Chronicle, 9/15/13.

“Traditional Pension Plans Can Still Work. Really.” Bloomberg View, 6/24/13.

“California’s Misleading Pension ‘Losses’” Bloomberg View, 6/17/13.

“Viewpoints: Unexpected state revenue should go to teacher pensions” The Sacramento Bee, 5/30/13.

“Jerry Brown’s Last Chance to Save California” Bloomberg View, 5/19/13.

“California’s New Taxes Are Paying for Pensions” Bloomberg View, 3/28/13.

“California, A High-Revenue, Low-Services State” Bloomberg View, 2/21/13.

“With Retirement Costs Consuming One-Fifth of Discretionary Spending, California Must Reduce Un-Accrued Pension Benefits” Hoover Institution, 8/20/12

“Report of the State Budget Crisis Task Force” SIEPR Policy Brief, 8/1/12.

“Rein in benefits now and tax Californians later” Bloomberg View, 7/9/12.

“California’s bad bet makes JPMorgan’s look minor” Bloomberg View, 6/17/12.

“New California taxes pay for pensions, not schools” Bloomberg View, 4/23/12.

“California must address leaks in budget before raising taxes” Sacramento Bee, 3/24/12.

“Why the stock market recovery won’t solve the pension problem” PolicyMic, 3/19/12.

“State finance officials should face the truth on pension promises” Sacramento Bee, 1/8/12.

“Occupy protesters’ timing is right, focus wrong” San Francisco Chronicle, 10/30/11.

“How about a race to reform state pensions?” Washington Post, 10/26/11.

An open letter from David Crane on the formation of Govern For California, 9/25/11.

“A grand bargain: tax hike, pension fix” Sacramento Bee, 9/4/11.

“Catching up hard when pensions are underfunded” San Francisco Chronicle, 7/29/11.

“Key to pension costs is realistic assumptions” Sacramento Bee, 6/28/11.

“Setting aside money upfront is the key to preventing pension disaster” San Jose Mercury News, 6/4/11.

“Should public employees have collective bargaining?” San Francisco Chronicle, 2/27/11.

“The real issue for public pensions is disclosure of liability” San Jose Mercury News, 2/20/11.

“Voters should get a say on state’s biggest expense” San Francisco Chronicle, 2/4/11.

“(Not) Accounting for state governments” San Francisco Chronicle, 1/19/11.

“CalPERS can’t have it both ways with taxpayers’ money” Sacramento Bee, 8/16/10.

“Don’t raise taxes, cut employee compensation” San Diego Union Tribune, 7/3/10.

“Dow 28,000,000: the unbelievable expectations of California’s pension system” Wall Street Journal, 5/18/10.

“California’s $500-billion pension time bomb” Los Angeles Times, 4/6/10.

“Legislators’ priorities are the ones that deserve questioning” San Jose Mercury News, 1/21/10.

“Pensions and partying like it’s 1999” San Diego Union Tribune, 12/15/09

“Public-Private Partnership nets seafood and ‘blue’ jobs” Sacramento Bee, 4/6/09.

“California: A state growing beyond its infrastructure means” THINK Magazine, 2/2008.

“Stabilizing California’s budget” Orange County Business Journal, 1/21/08.

“Renewing downtowns through alternative methods of financing” Downtown Idea Exchange, 1/15/08.

“California’s infrastructure deficit” Public Works Management Policy, 1/2008.

“Gov. favors environmental, economic sustainability” Silicon Valley/San Jose Business Journal, 12/21/07.

“California’s sustainability agenda” World Energy Monthly Review, 12/2007.