Public Employee Pension Debt Explodes
By Karen McMahan
RALEIGH — If government officials were forced to apply the same uniform accounting methods that private pension plan administrators must use to calculate liabilities, experts say the funding shortfall would be five times greater than the amount being reported by state and local governments.

John Hood’s Daily Journal

What Health Law Brings NC
Contrary to what President Obama promised during the health care debates of 2009 and 2010, the new law will “bend the cost curve” in health care upward, not downward.

Headlines

12.16.10 – Perdue asks GOP for changes

12.16.10 – NC lottery sales down, may miss goal by $40M

12.16.10 – Lumbee bill left out of Senate earmarks bill

12.16.10 – Muslims want to speak to Ellmers

12.16.10 – UNCC at the end of Lynx line

12.16.10 – Guilford County manager’s job debated

12.16.10 – Carolina Beach tourism fund might pay for taxes

Upcoming Events

Saturday, January 15, 2011 at 9:30 am- 3:00 pm
A Citizens’ Constitutional Workshop in Morehead City, NC
with presenters Dr. Troy Kickler & Dr. Michael Sanera
What the Founders and the State Ratification Conventions Can Teach Us Today

Saturday, February 26, 2011 at –
21st Anniversary Dinner
with our special guest Liz Cheney
The Future of America

Today’s Opinions

Change in Raleigh?
Jack Betts writes that ordinarily Democratic governors do not lead the smaller-government-is-better parade. But Bev Perdue has little choice.

Doing justice?
The Durham Herald-Sun says that the case of Derrick Mike Allen shows that much is wrong with how crimes are prosecuted and defended in North Carolina.

Charter-like schools
The Wilmington Star-News says that if the General Assembly lifts the cap on charter schools, then it should allow traditional public schools to apply for the type of leeway.