California's Davis Backs [Willie] Brown as Calpers Chief

Bloomberg Machine | 1/13/03 | Bloomberg Staff

[BunnySlippers]

California's Davis Backs [Willie] Brown as Calpers Chief

San Francisco, Jan. 15 (Bloomberg) -- California Governor Gray Davis is backing San Francisco Mayor Willie Brown's bid to become president of the board of California Public Employees' Retirement System, the San Francisco Chronicle said.

Davis called Brown his ``anchor tenant'' at the $130 billion pension fund, the paper said. Brown is already on fund's board.

Brown will run against Bob Carlson, a 31-year Calpers veteran, and Sean Harrigan, who will also seek the presidency in the election next month, the paper said.

Even if the 13-member Calpers panel elects Brown, he will only serve for a year, because he will have to give up his seat when his mayoral term ends in January 2004, the Chronicle said.

-0- (BN ) Jan/15/2003 17:14 GMT

[Roscoe]

Fox, henhouse.

[Texas_Jarhead]

pension participants can't be happy about that move

[NormsRevenge]

like an alcoholic inheriting a liquor distributorship

[Dog Gone]

Oh dear. He'd be my last choice.

[Mr. Jeeves]

Precisely. Massive amounts of cash just waiting to find its way into Democrat coffers.

[PhiKapMom]

I agree with you -- Fox in the hen house! First thought that went through my mind.

[sheik yerbouty]

Davis makes "Il Supremo", Mario Cuomo and his "Sfachime machine" look honest.

[Joe Boucher]

$130 billion? Tell me that Brown doesn't know where the money is? How much of it do you think comes up missing once he gets his hooks into it?

[Ernest_at_the_Beach]

calgov2002:

calgov2002: for old calgov2002 articles. 

calgov2002: for new calgov2002 articles. 

Other Bump Lists at: Free Republic Bump List Register

[Mad_Tom_Rackham]

Slick Willie: "Just gimme da keys and fugeddaboudit!"

I felt bad for union folks before, but now I actually pity them. They better get a grip on things fast.

[Ernest_at_the_Beach]

Davis and Brown are up to no good!

[Carry_Okie]

Oh dear. He'd be my last choice.

Now those public employees out there know why I call the Democrats the Slave Party. If the bigwigs want their dependent public employee pensions to shell out favors to stay in power, they just take it. Those workers won't let out a peep either, because they all know who signs the checks and those eeevil Republicans would put them out to get a REAL job where they'd have to work, or something even worse. They know it will all bust someday, but maybe after they get theirs.

Pigs.