MEMORIAL DAY MOMENT--We just had another epic effort by an army of Boy Scouts, Girl Scouts, Sea Scouts, Cub Scouts, Brownies, Daisies, and a host of other youth groups () to commemorate and honor those who served and even gave their lives so that we could debate, argue, work for and give it our all for Freedom and the American Dream. 

GELFAND’S WORLD--Los Angeles has a new, 97th neighborhood council by the name of Hermon. Hermon is the name of a small area (one-half square mile according to my trusted source Wikipedia) in northeast Los Angeles. The new council asked to secede from the Arroyo Seco Neighborhood Council, and has now been granted full certification by the City of Los Angeles. This creates one problem which ought ultimately to provoke a crisis within the city's neighborhood council system. 

NATIONAL PARK POLITICS--I’m writing this from Yellowstone National Park (photo above). Established in 1872, this was our first National Park. The world’s first, in fact.

In an interesting window into how politics worked then (and now, arguably), Congress agreed to preserve this land only after being assured that it was entirely “worthless.” 

EDUCATION POLITICS--Supporters of charter schools, homeschooling and other forms of school “choice” are so used to fighting in the trenches against the state’s muscular teachers’ unions that they often forget how much progress they’ve made in the last decade or so. Recent events have shown the degree of progress, even if they still face an uphill – and increasingly costly – battle. 

PERSPECTIVE--If your financial adviser suggested that you invest in an arbitrage arrangement but offered no information concerning the risks, would you?

EASTSIDER-Ever since Anne Stausboll suddenly announced her retirement effective August 2016, I have wondered what’s going on with CalPERS. She was seemingly at the peak of her powers running the pension giant, and there was no particular event that precipitated her leaving. Now we have a new CEO, Marcie Frost, as of October 2016, fresh from Washington State’s Department of Retirement Systems (DRS.)