Business & Economics

Business & Economics

Why Washington is America’s bubble city

Like many national capitals, Washington, D.C., is often accused of being insulated from the economic realities of the rest of the country. In colloquial terms, it is frequently referred to as a bubble city. If Washington is indeed sheltered from the discipline and competition that pervades the rest of the ...
Business & Economics

Court pick echoes Jerry Brown’s worldview

Gov. Jerry Brown’s decision to nominate Berkeley Law Professor Goodwin Liu to California’s Supreme Court is a highly partisan poke in the eye at Republicans, given that GOP congressional criticisms led Liu, in May, to withdraw his name from contention for a slot on the Ninth Circuit Court of Appeal. ...
Business & Economics

Jerry Brown picks his kind of judge

Gov. Jerry Brown’s decision to nominate UC Berkeley law professor Goodwin Liu to the California Supreme Court is a highly partisan poke in the eye at Republicans, given that GOP congressional criticisms led Liu, in May, to withdraw his name from contention for a slot on the 9th U.S. Circuit ...
Business & Economics

California Dreaming: Money for Nothing in the Golden State

California, a left-coast state, shows its isolation from common sense in many ways, including the latest developments at the California Institute for Regenerative Medicine (CIRM), the state’s taxpayer-funded institute for stem cell research. Created by Proposition 71 in 2004, CIRM is spending $3 billion in bond money on the embryonic ...
Business & Economics

Give A Convict A Job

Never has it been more evident that California is in a downward spiral on the verge of economic, social and political collapse — San Francisco is now pushing to make convicted criminals a protected class so that prospective employers cannot inquire about criminal records. An already precarious business climate in ...
Business & Economics

Making public pay for budget cuts

Sacramento – Last year, one of my reporters and her adult son were walking in downtown Sacramento when a couple of young toughs tried grabbing her purse. She pulled back her purse, and the robbers lunged at the two of them, leaving the son’s face covered in blood. Despite a ...
Business & Economics

The Alameda incident: ‘First responders’ who don’t

On Memorial Day, a suicidal man waded into San Francisco Bay outside the city of Alameda and stood there for about an hour, neck deep in chilly water, as about 75 bystanders watched. Local police and firefighters were dispatched to the scene after the man’s desperate mother called 911, but ...
Business & Economics

Old Boss or New Boss, state stem cell agency still a bust

The California Institute for Regenerative Medicine (CIRM) has chosen financier Jonathan Thomas as its new boss — but it matters little who runs the state stem-cell agency. The focus should be on results, and by that standard, Californians do not get what they paid for. Thomas, an investment banker schooled ...
Business & Economics

Don’t get arrested carrying a smart phone

Thanks to a little-discussed California Supreme Court decision, the U.S. Constitution’s Fourth Amendment protections against “unreasonable searches and seizures” don’t necessarily apply in California anymore. Yet few of our fellow citizens have been upset about this sad loss of our liberties, the state’s law-enforcement officials have been happy about the ...
Business & Economics

The Truth About Energy Profits

America’s largest oil and natural gas companies recently reported quarterly earnings, and as expected, profits were up. But the caricature of fat-cat energy executives lining their pockets at the expense of the everyman doesn’t hold up to scrutiny. ExxonMobil posted quarterly earnings of $10.7 billion on Thursday, up 69 percent ...
Business & Economics

Why Washington is America’s bubble city

Like many national capitals, Washington, D.C., is often accused of being insulated from the economic realities of the rest of the country. In colloquial terms, it is frequently referred to as a bubble city. If Washington is indeed sheltered from the discipline and competition that pervades the rest of the ...
Business & Economics

Court pick echoes Jerry Brown’s worldview

Gov. Jerry Brown’s decision to nominate Berkeley Law Professor Goodwin Liu to California’s Supreme Court is a highly partisan poke in the eye at Republicans, given that GOP congressional criticisms led Liu, in May, to withdraw his name from contention for a slot on the Ninth Circuit Court of Appeal. ...
Business & Economics

Jerry Brown picks his kind of judge

Gov. Jerry Brown’s decision to nominate UC Berkeley law professor Goodwin Liu to the California Supreme Court is a highly partisan poke in the eye at Republicans, given that GOP congressional criticisms led Liu, in May, to withdraw his name from contention for a slot on the 9th U.S. Circuit ...
Business & Economics

California Dreaming: Money for Nothing in the Golden State

California, a left-coast state, shows its isolation from common sense in many ways, including the latest developments at the California Institute for Regenerative Medicine (CIRM), the state’s taxpayer-funded institute for stem cell research. Created by Proposition 71 in 2004, CIRM is spending $3 billion in bond money on the embryonic ...
Business & Economics

Give A Convict A Job

Never has it been more evident that California is in a downward spiral on the verge of economic, social and political collapse — San Francisco is now pushing to make convicted criminals a protected class so that prospective employers cannot inquire about criminal records. An already precarious business climate in ...
Business & Economics

Making public pay for budget cuts

Sacramento – Last year, one of my reporters and her adult son were walking in downtown Sacramento when a couple of young toughs tried grabbing her purse. She pulled back her purse, and the robbers lunged at the two of them, leaving the son’s face covered in blood. Despite a ...
Business & Economics

The Alameda incident: ‘First responders’ who don’t

On Memorial Day, a suicidal man waded into San Francisco Bay outside the city of Alameda and stood there for about an hour, neck deep in chilly water, as about 75 bystanders watched. Local police and firefighters were dispatched to the scene after the man’s desperate mother called 911, but ...
Business & Economics

Old Boss or New Boss, state stem cell agency still a bust

The California Institute for Regenerative Medicine (CIRM) has chosen financier Jonathan Thomas as its new boss — but it matters little who runs the state stem-cell agency. The focus should be on results, and by that standard, Californians do not get what they paid for. Thomas, an investment banker schooled ...
Business & Economics

Don’t get arrested carrying a smart phone

Thanks to a little-discussed California Supreme Court decision, the U.S. Constitution’s Fourth Amendment protections against “unreasonable searches and seizures” don’t necessarily apply in California anymore. Yet few of our fellow citizens have been upset about this sad loss of our liberties, the state’s law-enforcement officials have been happy about the ...
Business & Economics

The Truth About Energy Profits

America’s largest oil and natural gas companies recently reported quarterly earnings, and as expected, profits were up. But the caricature of fat-cat energy executives lining their pockets at the expense of the everyman doesn’t hold up to scrutiny. ExxonMobil posted quarterly earnings of $10.7 billion on Thursday, up 69 percent ...
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