Over at Chris Reed's "America's Finest Blog" (a reference to San Diego's self-proclaimed title, "America's Finest City"), there's an interesting exchange between Reed and a spokesman for California treasurer Bill Lockyer over the demise of a 2005 initiative that sought to limit future pension benefits. The title and summary prepared by the office of Lockyer, who was then attorney general, helped kill the measure, but, as someone who wrote the book about the campaign, even without the title and summary, the pension initiative would have been toast. The issue is being revisited now because Lockyer, at a legislative hearing last week, blasted lawmakers of his own party -- he's a Democrat -- and said that pension obligations would bankrupt the state.