California

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 ...
California

California: The anti-education-reform state

Across America, state after state has enacted bold, far-reaching systemic education reforms. In contrast, California has not only failed to enact such fundamental reforms, but has actually gone backwards and passed laws that reduce accountability, protect special interests and preserve the status quo. In Indiana, Gov. Mitch Daniels signed legislation ...
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 ...
California

Villaraigosa’s Whistle Stop

Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after California’s Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
California

State Legislature fights evil unfitted sheets

The Legislative Goofball of The Session Award goes to Sen. Kevin de León, D-Los Angeles, for Senate Bill 432, which mandates that hotels use fitted sheets rather than unfitted sheets on mattresses. Other legislators have promoted more damaging and far-reaching bills, but de León’s ban on unfitted sheets and mandates ...
Business & Economics

Removing Politics from Politics

An investigation last month by CalWatchDog.com, which I edit, revealed that at least one of the 14 commissioners in charge of drawing new district lines for California’s elected representatives had made multiple political campaign contributions to Democratic candidates—contributions that were previously undisclosed to the California Citizens Redistricting Commission. The commissioner, ...
Business & Economics

California’s sprawling welfare system carded, but not reformed

Last year, a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Californians will be interested to know what the state did to counter this ...
Business & Economics

Left Wins Redistricting

As someone who chronicles the political goings-on in California, I rarely offer encouraging news for those who believe in the principles of limited government, fiscal responsibility and individual freedom. Nevertheless, readers frequently implore me to offer some good news. The truth isn’t enough. These folks want to read something positive. ...
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 ...
California

California: The anti-education-reform state

Across America, state after state has enacted bold, far-reaching systemic education reforms. In contrast, California has not only failed to enact such fundamental reforms, but has actually gone backwards and passed laws that reduce accountability, protect special interests and preserve the status quo. In Indiana, Gov. Mitch Daniels signed legislation ...
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 ...
California

Villaraigosa’s Whistle Stop

Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after California’s Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
California

State Legislature fights evil unfitted sheets

The Legislative Goofball of The Session Award goes to Sen. Kevin de León, D-Los Angeles, for Senate Bill 432, which mandates that hotels use fitted sheets rather than unfitted sheets on mattresses. Other legislators have promoted more damaging and far-reaching bills, but de León’s ban on unfitted sheets and mandates ...
Business & Economics

Removing Politics from Politics

An investigation last month by CalWatchDog.com, which I edit, revealed that at least one of the 14 commissioners in charge of drawing new district lines for California’s elected representatives had made multiple political campaign contributions to Democratic candidates—contributions that were previously undisclosed to the California Citizens Redistricting Commission. The commissioner, ...
Business & Economics

California’s sprawling welfare system carded, but not reformed

Last year, a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Californians will be interested to know what the state did to counter this ...
Business & Economics

Left Wins Redistricting

As someone who chronicles the political goings-on in California, I rarely offer encouraging news for those who believe in the principles of limited government, fiscal responsibility and individual freedom. Nevertheless, readers frequently implore me to offer some good news. The truth isn’t enough. These folks want to read something positive. ...
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