Sunday, June 21, 2015

Gubernatorial Tolerance for Contradiction: Rail But Not Pension

The Committee of Two deal requires major and adverse changes to the UC pension plan because its features differ from those of other state plans. Apparently, the contradiction cannot be tolerated by Gov. Brown. But when it comes to high-speed rail, a major funding source of which is the state's cap-and-trade program, complete contradiction is possible. See above. 

"A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines." [Emerson]

Apparently, it's OK to have a little mind and be a little statesman in the pension category but not for rail.

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