Better Late than Never
From 1994 to 2002, I was the Vice Chair of the Senate Committee on Public Employee and Retirement Systems (we called it the PERS committee). If that committee is not hell for Republicans, it certainly is purgatory. Every single committee hearing was filled with Government Employee Union Lobbyists coming in and asking for higher pensions. I used to refer to this gang of lobbyists as the Red Brigade.
For eight years, I sat on that committee voting NO on every single request for increased pensions, and talking about how these requests were going to bankrupt the State. In the Dot Com boom of the late 90’s, CalPers and these lobbyists talked about how wrong I was, and about how the increase in the value of CalPers investments would more than cover the increased pension benefits, and that "taxpayers would never have to pay for the pensions again." I endured harangue after harangue from these lobbyists and from my Democrat colleagues, both in committee and on the floor, for speaking up against this massive giveaway.
One of the Democrats who dished up those criticisms was Bill Lockyer, then President Pro Tem of the Senate. He had sentenced me… Read More