NOTE: An earlier version of this posting misidentified conservative pension activist Marcia Fritz as one of the members of the group behind the new initiative campaign.There's a temptation to dust off the quote attributed to an infamous bank robber when assessing two new and explosive initiative proposals to rework the pensions of public employees in California.
Why do the proposed ballot measures go after the pension system for current workers? Because that's where the money is.
"We were unable to collect enough signatures," said the initiative's author, Gabriella Holt, in an email this afternoon. Holt and the political group behind the measure needed to gather 694,354 valid voter signatures in order to qualify for the November ballot.