By Erendy Torres |Staff Writer| "We buy things we don't need, with money we don't have, to impress people we don't like," is a famous quote from the movie Fight Club. We live in a generation in which we spend more money than what we make. On Feb. 13, rapper Kanye West tweeted that he is $53 million in personal debt. "I write this to you my brothers while still 53 million dollars in personal debt... Please pray we overcome... This is my true heart..." tweeted West. West is facing a multi-million-dollar debt, yet he is still not humbling down his expenses. West and his wife Kim Kardashian, are installing a lake-sized pool in their $20 million mansion's backyard in Bel-Air, … [Read more...] about The cost of keeping up
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CSU limits new president salaries to 110 percent of incumbent’ss
By Melissa Benton |Staff Writer| Incoming presidents of CSU campuses will not receive a starting salary of 110 percent of that of the incumbent’s base pay, according to a CSU press release. The new policy, declared by the CSU Board of Trustees on Jan. 25, was first introduced from the Special Committee on Presidential Selection and Compensation which has been reviewing the system’s selection process and executive compensation structure. According to CSU board bhair Herbert Carter, the new policy will aid all presidential candidates, the public and others by maintaining presidential salaries at a reasonable level in the future. “Our continued goal is to recruit and compete for the best … [Read more...] about CSU limits new president salaries to 110 percent of incumbent’ss
Senate Bill seeks to limit CSU president salaries
By Melissa Benton |Staff Writer| Senate Bill 755, introduced by Senator Ted W. Lieu, would limit CSU president salaries to 150 percent of the salary of California’s Chief Justice. According to the National Center for State Courts, Chief Justice Tani Cantil-Sakauye currently earns $228,856. This means that CSU presidents could earn up to $343,269. SB 755 would require that the CSU Board of Trustees discuss tuition or salary increases in an open session. It also would stop pay increases or bonuses to campus presidents if student tuition was raised in the last three years. This change to the bill was introduced because of San Diego State University (SDSU) which received a new … [Read more...] about Senate Bill seeks to limit CSU president salaries
Occupy Riverside: the protest around the corner
By Norberto Perez |Staff Writer| While Occupation movements on the East Coast are about to test their resolve against freezing temperatures and Occupation Oakland supporters have recently tasted tear gas the newly created Occupy Riverside supporters are just getting their shoes broken in. After camping out all night on Main street in tents a group of about 40 marched up Magnolia and 14th to the front of Bank of America. Some carried protest signs; One carried a bullhorn. Lisa, who amplified her message toward the brisk Saturday morning traffic was greeted by passers-by with their car horns. While the protest group walks in an elongated path from University Ave. to 14th St. … [Read more...] about Occupy Riverside: the protest around the corner
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