Beware the billionaires behind pension reform

[Newsjock]

Source: San Francisco Bay Guardian

SEIU Local 1021 leader Gabriel Haaland just pointed me to a Chronicle op-ed in which David Crane asks if public employees should have collective bargaining rights.

The Chron describes Crane as a Democrat, who was an adviser to Gov. Arnold Schwarzenegger, and now lectures on public policy at Stanford University and serves on the UC Board of Regents and the California High-Speed Rail Authority.

But Haaland points out that Crane is also the multi-millionaire former investment banker who donated $37,500 to Public Defender Jeff Adachi’s failed Measure B (pension "reform") last fall.

... But Crane isn’t the only billionaire behind Measure B’s curtain. As Haaland points out in a recent SEIU flyer that says, “Beware the Billionaires, Stop the Attacks on Public Workers,” one of Prop. B’s biggest donors was Howard Leach, a billionaire financier and investor who served as George W. Bush’s ambassador to France.

... SEIU's flyer suggests that folks need to wake to the fact that a bunch of extremely rich people were lurking behind the pension reform curtain, last fall, are likely waiting in the wings to finance another attempt this fall.

Read more: http://www.sfbg.com/politics/2011/03/01/beware-billionaires-behind-pension-reform

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[Omaha Steve]

2. K&R!