Kerry Jackson
Business & Economics
CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation
Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
Blog
An Assembly Bill 5 Update
Humorist Will Rogers regularly uttered world-class comments, but few of his eminently quotable remarks can compete with his observation that a deadlocked Congress which can’t act “is the greatest blessing that could befall this country.” It’s tempting to say the same about California’s Legislature. But it’s back, having reconvened on ...
California
CalPERS, Corruption And Cronyism
The California Public Employees’ Retirement System, which has a history of making poor choices, plans to become a lending institution. A healthy pension fund wouldn’t be making such a risky decision. Still hurting from $100 billion in losses from the Great Recession, CalPERS was bruised again by the coronavirus pandemic. ...
Blog
California Nightmarin’
It would be neither profound nor unique to note that the California dream, immortalized by John and Michelle Phillips’ famed lyrics, ain’t what it used to be. It would be nothing more than a mere statement of a fact which is well-known but nevertheless denied by those who have taken ...
Blog
Latest Scene of Cancel Culture: SF Museum of Modern Art
A “white supremacist” organized exhibits for the San Francisco Museum of Modern Art for nearly 20 years? How did his hateful bigotry go undetected for so long in a city whose vanity is in large part fueled by its Wokeness? Gary Garrels, the museum’s senior curator of painting and sculpture, ...
Blackouts
State Move Toward All-Electric Buildings Would Be Another Hit to California’s Working Class
At roughly the same time the state Air Resources Board issued a rule forcing trucks and vans to transition from diesel to electric motors, the state moved closer to a policy framework in which new buildings must be all-electric. The smiling environmental lobby feels no mercy toward the poor, who ...
Blog
California Near Rock-Bottom Again on Yet Another National Ranking
Another national list, another nearly rock-bottom ranking for California. It’s become too predictable. When WalletHub, a prolific producer of lists, says that California is 48th among the states on “taxpayer return on investment” (forget for the moment that taxes are not investments but funds to operate government, and a drain ...
Blackouts
State Move Toward All-Electric Buildings Would Be Another Hit to California’s Working Class
At roughly the same time the state Air Resources Board issued a rule forcing trucks and vans to transition from diesel to electric motors, the state moved closer to a policy framework in which new buildings must be all-electric. The smiling environmental lobby feels no mercy toward the poor, who ...
California
Would Sacramento raise taxes when economic growth is needed the most?
The pandemic lockdown not only was a lethal financial contagion for many Californians, it deprived the state government of so much revenue that Sacramento now has a $54 billion budget deficit. How will lawmakers bridge the gap? By coincidence, they were already thinking about nearly $66 billion in new taxes ...
Blog
California’s Plastic Bag Ban Returns After Two-Month Vacation
California’s coronavirus pandemic lockdown isn’t over. There was even a partial reversal of the state’s reopening on the first day of July when Gov. Gavin Newsom hit the “dimmer switch.” But not much can come between California and its plastic bag ban. After a two-month vacation, it’s back. In late ...
CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation
Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
An Assembly Bill 5 Update
Humorist Will Rogers regularly uttered world-class comments, but few of his eminently quotable remarks can compete with his observation that a deadlocked Congress which can’t act “is the greatest blessing that could befall this country.” It’s tempting to say the same about California’s Legislature. But it’s back, having reconvened on ...
CalPERS, Corruption And Cronyism
The California Public Employees’ Retirement System, which has a history of making poor choices, plans to become a lending institution. A healthy pension fund wouldn’t be making such a risky decision. Still hurting from $100 billion in losses from the Great Recession, CalPERS was bruised again by the coronavirus pandemic. ...
California Nightmarin’
It would be neither profound nor unique to note that the California dream, immortalized by John and Michelle Phillips’ famed lyrics, ain’t what it used to be. It would be nothing more than a mere statement of a fact which is well-known but nevertheless denied by those who have taken ...
Latest Scene of Cancel Culture: SF Museum of Modern Art
A “white supremacist” organized exhibits for the San Francisco Museum of Modern Art for nearly 20 years? How did his hateful bigotry go undetected for so long in a city whose vanity is in large part fueled by its Wokeness? Gary Garrels, the museum’s senior curator of painting and sculpture, ...
State Move Toward All-Electric Buildings Would Be Another Hit to California’s Working Class
At roughly the same time the state Air Resources Board issued a rule forcing trucks and vans to transition from diesel to electric motors, the state moved closer to a policy framework in which new buildings must be all-electric. The smiling environmental lobby feels no mercy toward the poor, who ...
California Near Rock-Bottom Again on Yet Another National Ranking
Another national list, another nearly rock-bottom ranking for California. It’s become too predictable. When WalletHub, a prolific producer of lists, says that California is 48th among the states on “taxpayer return on investment” (forget for the moment that taxes are not investments but funds to operate government, and a drain ...
State Move Toward All-Electric Buildings Would Be Another Hit to California’s Working Class
At roughly the same time the state Air Resources Board issued a rule forcing trucks and vans to transition from diesel to electric motors, the state moved closer to a policy framework in which new buildings must be all-electric. The smiling environmental lobby feels no mercy toward the poor, who ...
Would Sacramento raise taxes when economic growth is needed the most?
The pandemic lockdown not only was a lethal financial contagion for many Californians, it deprived the state government of so much revenue that Sacramento now has a $54 billion budget deficit. How will lawmakers bridge the gap? By coincidence, they were already thinking about nearly $66 billion in new taxes ...
California’s Plastic Bag Ban Returns After Two-Month Vacation
California’s coronavirus pandemic lockdown isn’t over. There was even a partial reversal of the state’s reopening on the first day of July when Gov. Gavin Newsom hit the “dimmer switch.” But not much can come between California and its plastic bag ban. After a two-month vacation, it’s back. In late ...
