Paul Vann

Biography

Paul Vann has been a financial planner since 1971.

Paul was born in New York in 1941. In 1961 Paul came to California for the first time and was impressed with the school system, how clean the streets were and how well California functioned.

In 1963 Paul returned to California and spent 2 years in the U. S. Navy on active duty during the Vietnam War. The first year of service was spent in San Diego at the naval air station on North Island. The 2nd year was spent on the U.S.S. General J. C. Breckenridge. The cruising area of the General Breckenridge was the south pacific. Active duty was followed by four years in the Naval reserve followed by an honorable discharge in 1967.

From 1966 to 1969 Paul attended New York University (NYU) majoring in business. To support himself Paul worked full time and finished the four year program in 3 years.

From 1969 to 1970 Paul attended UCLA and earned a Masters in Business Administration degree. This was a two year program that was completed in one year.

Beginning in 1971 Paul became a financial planner and has been in the same profession on a continuous basis till the present. Paul's clientele consists of individuals, families and and businesses. The emphasis of the practice is family protection, retirement planning, business benefit programs, estate planning and business succession planning.

Paul's desire to become Governor of California stems from his desire to put California back on sound financial footing. These last few years have been very difficult to watch.

Our beautiful state has gone from the "golden state" to the "tarnished state." It is time to put the "gold" back into the "golden state."

Personal

Paul is a widower and has 2 children. The children are ages 22 and 18. One child lives in California and the other is studying in Israel.

Professional

Paul has been active for 32 years in various professional organizations. Paul is a past president of the West Los Angeles Chapter of the National Association of Insurance and Financial Advisors, the Orange County Chapter of the Society of Financial Service Professionals and the Wilshire Estate Planning Council.




Paul's platform

We must balance the budget.

Currently California has spent over 100 million dollars per day OVER AND ABOVE our budget. That is why we are $38 billion in debt. Under the budget that was approved for this year we will add another $8 billion dollars in debt. This cannot go on.

Workers compensation must be fixed.

According to the Wall Street Journal the number of claims in the California workers compensation system has decreased 20% between 1996 and 2001. So why have the rates for employers doubled in California. The system is being abused and that results in fewer jobs for California's employees. Employers are leaving California due to the high cost of workers compensation premiums.

The budget.

We need to make the state legislators responsible for not passing the state budget by the required deadline of June 30th. The legislators should lose a days pay for each day after June 30th that the budget is not passed. We must stop playing politics with the financial lives of Californians.

Redistricting.

Currently the legislators get to draw redistricting lines. This results in the creation of "safe seats." Legislators are not fearful of losing an election because they have carved out friendly voting districts. The redistricting process has to be taken out of the hands of the legislators. The system should be automated so that all districts are drawn to include only local geographic areas.

Stop the legislators from raiding earmarked funds.

According to the Los AngelesTimes Governor Davis and the legislators are raiding bond funds to the tune of almost $2 billion. California voters approved Proposition 50 and 47 for the purpose of protecting our water supplies and parks. These bond funds have been taken away from these projects and are being used to help balance the current budget. We cannot allow the government to take monies that were approved by Californians for other projects.