The Breakfast Meeting of the Contra Costa Taxpayers Association, will be held Friday, January 29, 2010, at 7:45 a.m., Social 8:00 a.m. to 9:30 a.m., Meeting
$20.00 includes breakfast buffet
RSVP NOW
MONTHLY MEETING $20
NOTE NEW LOCATION
HYATT SUMMERFIELD SUITES 2622 Contra Costa Blvd, Pleasant Hill. Located just off 680 with plenty of parking.
CHECK BACK FOR SPEAKER
RSVP
Due to our new location, payment for all reservations made is essential. Reservations can be made by phone, e- mail or at www.cocotax.org. If you have questions, please call me at 925-228-5610 or e-mail me at krishunt@cocotax.org. Prepayment is greatly appreciated. Checks should be mailed to: P.O. Box 27, Martinez, CA 94553, payment can be made on line through Paypal on the CoCoTax website.
Former Assemblyman Joe Canciamilla will be the guest speaker October 30, as the Contra Costa Taxpayers Association gathers for Breakfast Meeting at its new location!
FRIDAY, October 30, 2009 7:45 A.M. – SOCIAL
8:00 A.M. – 9:30 A.M. MEETING
The state of California is imploding financially. Due to term limits, we lost one of the “adults” who could work with both sides of the aisle AND who understands finance. We are fortunate in having the Hon. Joe Canciamilla as our guest speaker to talk about the state of the state and possible solutions.
RSVP:
Due to our new location, payment for all reservations made is essential. Reservations can be made by phone, e- mail or at www.cocotax.org. If you have questions, please call me at 925-228-5610 or e-mail me at krishunt@cocotax.org. Prepayment is greatly appreciated. Checks should be mailed to: P.O. Box 27, Martinez, CA 94553, payment can be made on line through Paypal on the CoCoTax website.
Join the Contra Costa Taxpayers Association for breakfast on September 25 as it hosts, John R. Graham Director, Health Care Studies, Pacific Research Institute, San Francisco, CA. The festivities begin at 7:45 and takes place at The Greenery, 5151 Marchbanks, Walnut Creek. Admission is $20.
The guest speaker will address: “The Thousand-Page Prescription: Is a Federal Take-Over the Cure for America’s Health Crisis?”
Mr. Graham is a noted analyst and author in the field of health care. His work has appeared in the Wall Street Journal and elsewhere. He has read the 1000 pages of the Health care proposal and has analyzed it from the perspective of one who has specialized in this field. Come learn the good, the bad and ugly of the proposed health care changes and the other ways we could deal with this critical issue from a free market perspective.
The $100,000 Pension Club is making news. The $100,000 Club is the brainchild of the California Foundation for Fiscal Responsibility. Over 5,000 members who receive pension of $100,000 or more from government entities that use the CalPERS pension system can be found at www.CaliforniaPensions.com.
For the curious, Concord has 15 members headed by their former City Manager, Ed James, at $167,180 per year. Walnut Creek has 10 members, with former police chief Tom Soberanes at $179,399 leading the pack. Richmond has 49 members headed by Charles Bennett, the former police chief, at $172,200.
The idea behind revealing those making over $100,000 is not to “out” anyone, but to call to the attention of taxpayers that some members of government (particularly safety) are receiving some very generous pensions. Of real concern are those granted pensions that actually exceed the amount they earned before they retired.
The blame (and solutions) to the pension problems are in the hands of elected officials. No one should blame the pensioners who are legally entitled to the amounts granted. Governments cannot continue to have people retire as early as age 50 and receive generous retirement benefits. This does not include all employees, but the drain on the system is becoming enormous.
The recent BART contract negotiations have revealed how that body’s compensation packages are out of control. Of the 3200 BART employees (many are part-time), 716 earn over $100,000, are guaranteed lifetime health benefits after working 5 years, and have their pensions paid for by BART. They can retire early as well. The BART board is correct in taking a hard line on the budget negotiations. This level of compensation is simply unsustainable.