California
California
Pension Wars Will Be Fought At City Hall
Breathe a deep sigh of relief now that state legislators have headed home. As Judge Gideon Tucker (and also attributed to Mark Twain) exclaimed, “No man’s life, liberty or property is safe while the legislature is in session.” You are safer now than you were a little over a week ...
California
The Conventional Jerry Brown
Common wisdom, embraced by many on the left and on the right, holds that California governor Jerry Brown is a most unconventional politician. Brown’s otherworldly attitude, quick wit, and unpredictable utterances have served him well throughout his long political career. Political observers in Sacramento are still trying to figure him ...
California
Anti-Vaccine Activists Apparently Immune To Science
Yet another study has debunked the notion that vaccines cause autism. Late last month, a committee of 18 highly respected doctors, professors, legal experts and epidemiologists empanelled by the Institute of Medicine (IOM) reviewed more than 1,000 peer-reviewed studies and articles and found no links between immunization and . . ...
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 ...
Pension Wars Will Be Fought At City Hall
Breathe a deep sigh of relief now that state legislators have headed home. As Judge Gideon Tucker (and also attributed to Mark Twain) exclaimed, “No man’s life, liberty or property is safe while the legislature is in session.” You are safer now than you were a little over a week ...
The Conventional Jerry Brown
Common wisdom, embraced by many on the left and on the right, holds that California governor Jerry Brown is a most unconventional politician. Brown’s otherworldly attitude, quick wit, and unpredictable utterances have served him well throughout his long political career. Political observers in Sacramento are still trying to figure him ...
Anti-Vaccine Activists Apparently Immune To Science
Yet another study has debunked the notion that vaccines cause autism. Late last month, a committee of 18 highly respected doctors, professors, legal experts and epidemiologists empanelled by the Institute of Medicine (IOM) reviewed more than 1,000 peer-reviewed studies and articles and found no links between immunization and . . ...
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 ...
