Wake Up Obama!
That billions and billions of dollars are still being spent on two unnecessary wars should make everyone feel as if they are living in a big insane asylum. All that money should be going to investment (especially public infrastructure) and jobs creation here in the USA. No wonder that a Wall Street Journal/NBC News poll this week found that nearly 6 in 10 Americans believe the country is on the wrong track, a majority disapproves of President Obama’s handling of the economy, and nearly two-thirds expect the economy to get worse, which it will.
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Filed under: Economy, Healthcare, Homelessness, Housing, Labor, Opinion, Politics, War
Social Security: If It Ain’t Broke, Don’t Fix It
If the current rate continues, the report goes on to say, the Program’s reserves will be exhausted in 2037. Of course, no one can predict the path of the US economy between now and 2037. If we have a series of boom years, the annual reports for the next several decades might show a reversal of payouts versus payroll revenues. Seizing on this Report, the Republicans are threatening to revive efforts to privatize Social Security if they gain control of Congress.
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Filed under: Economy, Labor, Opinion, Politics
Adachi Responds to Labor Law Suit
Over Pension, Healthcare Reform
“The law has very specific requirements that must be followed in order to receive the approval from the Department of Elections for a measure to qualify for the ballot,” said Adachi. “The democratic process by which The Sustainable City Employees Benefits Reform Act was approved both by the City Attorney through granting title and summary to the petition and by the Department of Elections when the signatures of 49,178 San Francisco voters were verified and accepted. We as Americans have the freedom afforded to us by the Constitution to have our choices heard at the ballot box and the taxpayers have the right to address how their tax dollars are spent in San Francisco without interference from special interest groups.”
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Filed under: Economy, Healthcare, Labor, News, Politics
Labor Unions File Suit Against Adachi Pension,
Healthcare Reform
Thomas Willis, an attorney for the plaintiffs, stated, “The proponents of this measure took short cuts in drafting and circulating the measure, and as a result the voters lost. They lost because they didn’t get enough information about the measure and who was behind it. The measure is clearly invalid and should be removed from the ballot.”
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Filed under: Economy, Healthcare, Labor, News, Politics
Adachi to Debate Pension, Healthcare Reform Measure
The debate, sponsored by San Francisco for Democracy, will be held tonight at 7 pm at Schroeder’s German Restaurant, 240 Front Street.
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Filed under: Economy, Healthcare, Labor, News, Politics
Adachi Pension, Healthcare Reform Measure
Qualifies for November Ballot
The measure aims to rein in unsustainable pension and healthcare costs projected to exceed $1 billion by 2016. If passed by a simple majority of voters, the measure will save $170 million per year through a combination of public employee pension and dependent healthcare contribution increases, according to Adachi.
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Filed under: Economy, Healthcare, Labor, News, Politics
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