California
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 ...
California
Pay cut story highlights pension absurdities
Fresno schools Superintendent Larry Powell has been getting the hero treatment in the national media for his reportedly selfless decision to give up his annual salary/benefits of $290,000 a year and instead take $31,000 in salary only. He’s doing it for the kids, he said, to save the district significant ...
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 Californias 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, ...
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 ...
Pay cut story highlights pension absurdities
Fresno schools Superintendent Larry Powell has been getting the hero treatment in the national media for his reportedly selfless decision to give up his annual salary/benefits of $290,000 a year and instead take $31,000 in salary only. He’s doing it for the kids, he said, to save the district significant ...
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 ...
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 ...
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 ...
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 Californias Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
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 ...
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, ...
