POWER OF ATTORNEY
I hereby constitute and appoint each of Ilene S.
Harker, Lisa G. Mrozek and James W. Hirschmann III, signing singly, my true
and lawful attorney-in-fact to:
(1)	execute for and on my behalf, in my
capacity as a director of Pacific American Income Shares, Inc., a Delaware
corporation (the "Fund"), Forms 3, 4 and 5 in accordance with Section 16(a)
of the Securities Exchange Act of 1934, as amended, and the rules
thereunder;
(2)	do and perform any and all acts for and on my behalf that
may be necessary or desirable to complete and execute any such Form 3, 4 or
5 and timely file such form with the United States Securities and Exchange
Commission and any stock exchange or similar authority; and
(3)	take any
other action of any type whatsoever in connection with the foregoing which,
in the opinion of such attorney-in-fact, may be to my benefit, in my best
interest, or that I am legally required to do, it being understood that the
documents executed by such attorney-in-fact on my behalf pursuant to this
Power of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such attorney-in-fact's
discretion.
I hereby grant to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as I
might or could do if personally present, with full power of substitution,
resubstitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue of this power of attorney
and the rights and powers herein granted.  I acknowledge that the
attorneys-in-fact, in serving in such capacity at my request, are not
assuming, nor is the Fund assuming, any of my responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934, as amended, and the
rules thereunder.
This Power of Attorney shall remain in full force and
effect until I am no longer required to file Forms 3, 4 and 5 with respect
to my holdings of and transactions in Fund securities, unless I earlier
revoke it in a signed writing delivered to the attorneys-in-fact.
IN
WITNESS WHEREOF, I have caused this Power of Attorney to be executed as of
this ____ day of September, 2004.

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