Larry Sand of City Journal disputes the fallacy that more money is what's needed to improve California's education system, as touted by supporters of Proposition 30, and what is needed instead is real reform of our public schools.

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Katherine Timpf of Investor's Business Daily talks about the dozens of bills that have been introduced since the Democratic supermajority gained power in November which take aim at residents' cash, despite repeated promises of frugality from party leaders.

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California Budget Fact Check points out that despite the promises made last year that Proposition 30 would help California public schools avoid painful cuts, very little of the money is going towards students and education, while the majority is being used to cover pension short falls and faculty raises.

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Steven Greenhut writing for WatchDog.org explains the ramifications of the potential outcome of the upcoming ruling regarding the City of Stockton's bankruptcy and whether other cities will pursue a similar course to get out of their debt obligations at the expense of the bondholders, instead of reforming their massive pensions.

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The New York Times reports a federal bankruptcy judge ruled on Monday that the city of Stockton is eligible for court protection from its creditors, clearing the way for a battle over whether public workers’ pensions can be cut when the city they work for goes bankrupt.

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