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CalPERS likes to think that all that matters is if it can control perceptions in Sacramento. If Dan Walters’ latest column is any indication, CalPERS is losing that battle.
For those of you outside California, Walters has been the most influential commentator in Sacramento for decades. His view skew somewhat conservative, but he regularly calls out politicians on both sides of the aisle.
His latest object of disfavor is the CalPERS-sponsored bill AB 386, which he lambasted forcefully in his latest column, Pending Bill Opens Door to CalPERS Corruption. Walters criticizes the Assembly Judiciary Committee, which just passed the bill with no discussion at all.