Business & Economics
Business & Economics
Solyndra crash shows shakiness of market subsidies
Solyndra, the Fremont solar-panel manufacturer that went belly up last week, was the subject of a hearing Wednesday all the way in the nation’s capital. Lawmakers on the House Energy and Commerce Subcommittee Committee on Oversight and Investigations wanted to get to the bottom of how the much-hyped “green” company ...
Business & Economics
Your Government Still the Main Threat to Your Freedoms
In my years writing for newspapers, I’ve always hated the commemoration ritual. What new insight can we offer about Thanksgiving? What words can still capture the essence of D-Day? And, this weekend, what can we really say that ameliorates the horror of 9/11? Mainly, I hate how commemorations, and national ...
Business & Economics
Union ‘Gut and Amend’ Bills Slice Open CA
Its gut and amend season in the California Legislature. More like shuck and jive and obfuscate. Last week, I received information that another bill had been gutted of its original intent, and new language added to greatly benefit labor unions. By the end of the day, two additional bills were ...
Business & Economics
Defensive Medicine
The article “Study: Only 1 in 5 medical malpractice cases pay” (Tribune, Aug. 17) reported that “most physicians and virtually every surgeon will face at least one malpractice lawsuit in their careers.” This alarming statistic is an important driver of rising U.S. health care costs. Even though most sued doctors ...
Business & Economics
California ‘Jobs Gap’ Jumps to Record High
California’s “Jobs Gap” with the rest of America jumped to a record high, according to new calculations. In 2010, I devised the “Jobs Gap” to measure how much worse unemployment is in California than the rest of America. The Jobs Gap is calculated by subtracting the national unemployment level from ...
Business & Economics
Pension plan embraces absurd double standard
When the taxpayer is backing up the entire liability for the massive pensions received by public employees who are part of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. ...
Business & Economics
Pension funds should get real on rate of returns
When the taxpayer is backing up the entire liability for the pensions received by members of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. When their own funds are ...
Business & Economics
Taxpayers Pick Up NYC’s $6B Lawsuits Bill
New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
Agriculture
Villaraigosa wants more of what doesn’t work
Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
Business & Economics
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Solyndra crash shows shakiness of market subsidies
Solyndra, the Fremont solar-panel manufacturer that went belly up last week, was the subject of a hearing Wednesday all the way in the nation’s capital. Lawmakers on the House Energy and Commerce Subcommittee Committee on Oversight and Investigations wanted to get to the bottom of how the much-hyped “green” company ...
Your Government Still the Main Threat to Your Freedoms
In my years writing for newspapers, I’ve always hated the commemoration ritual. What new insight can we offer about Thanksgiving? What words can still capture the essence of D-Day? And, this weekend, what can we really say that ameliorates the horror of 9/11? Mainly, I hate how commemorations, and national ...
Union ‘Gut and Amend’ Bills Slice Open CA
Its gut and amend season in the California Legislature. More like shuck and jive and obfuscate. Last week, I received information that another bill had been gutted of its original intent, and new language added to greatly benefit labor unions. By the end of the day, two additional bills were ...
Defensive Medicine
The article “Study: Only 1 in 5 medical malpractice cases pay” (Tribune, Aug. 17) reported that “most physicians and virtually every surgeon will face at least one malpractice lawsuit in their careers.” This alarming statistic is an important driver of rising U.S. health care costs. Even though most sued doctors ...
California ‘Jobs Gap’ Jumps to Record High
California’s “Jobs Gap” with the rest of America jumped to a record high, according to new calculations. In 2010, I devised the “Jobs Gap” to measure how much worse unemployment is in California than the rest of America. The Jobs Gap is calculated by subtracting the national unemployment level from ...
Pension plan embraces absurd double standard
When the taxpayer is backing up the entire liability for the massive pensions received by public employees who are part of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. ...
Pension funds should get real on rate of returns
When the taxpayer is backing up the entire liability for the pensions received by members of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. When their own funds are ...
Taxpayers Pick Up NYC’s $6B Lawsuits Bill
New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
Villaraigosa wants more of what doesn’t work
Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
