California

Business & Economics

Grab that redevelopment cash

SACRAMENTO Few things are more ironic, and infuriatingly funny, than listening to California’s notoriously ham-fisted redevelopment agencies complain about the state’s “theft” of redevelopment funds. Last week, California cities had to comply with a Sacramento Superior Court judge’s ruling requiring them to make the first of two payments transferring a ...
Business & Economics

State IT Plan Should Help Silicon Valley and Respect Taxpayers

Historically, California officials have struggled to manage effectively the state’s massive, decentralized $3 billion IT (information technology) network. In recent years, Governor Arnold Schwarzenegger has used the state’s IT Strategic Plan as a guiding document to streamline operations, improve efficiencies and accountability across dozens of state agencies. The motive is ...
Business & Economics

Taxifornia reaps what it sows

Orange County Register, May 12, 2010 If you prefer as little tax burden as possible, you will cringe to learn that California ranks in a tie for last place with South Carolina and New York. But if you delight in the idea of government taxing people for every dime it ...
Business & Economics

Sunset In Taxifornia?

Deficits: We’ve been hard on Arnold Schwarzenegger in recent months, but we’re foursquare behind the California governor in his effort to balance the state’s budget without raising taxes. The Golden State’s $18.6 billion budget deficit, the nation’s largest, is the result of uncontrolled spending by the state’s Democrat-controlled legislature — ...
Business & Economics

Arnold, for once, is right

From fiscal failure to green destructiveness to an utter lack of courage when it would have mattered most, Gov. Arnold Schwarzenegger’s tenure in office has not been an exercise in analytic rigor. But on one proposal – the sale and leaseback of 11 state office buildings – Arnold is correct, ...
Business & Economics

Artificially low interest rates bad for economy

Ultra-low interest rates fueled the housing bubble, thanks to former Fed chairman Alan Greenspan’s direction. And Americans should brace for another crash because that practice has continued. The Federal Reserve’s Open Market Committee recently announced it would maintain a target of zero to 0.25 percent for the federal funds rate ...
Business & Economics

Bankers vs. Everyone

Libertarian Ron Paul’s “Audit the Fed” movement has gained the support of socialist Sen. Bernie Sanders (I-Vt.) and conservative Sen. Jim DeMint (R-S.C.). At the same time, anarchists in Greece riot against fiscal austerity measures, while organs of the strongest government on the planet—namely, the U.S. Justice Department and SEC—accuse ...
Business & Economics

Referendum on unions in OC

Voters in North Orange County on June 8 will fill the Fourth Supervisorial District seat vacated by Chris Norby when he was elected to the state Assembly to replace Mike Duvall, of sex-scandal fame. Most residents probably don’t think too much about the Board of Supervisors, but there is one ...
Commentary

Health reform’s war on the states

President Obama and Congress have succeeded in a massively disruptive reorganization of health insurance by the federal government. This mission, although most people don’t know it, is about to collide with state budgets, causing much collateral damage nationwide. Most people remain unaware that health insurance premiums contribute to states’ tax ...
California

Why Beverly Hills Gave Students the Boot

Students living outside the illustrious 90210 zip code have been allowed to attend Beverly Hills Unified schools through an “opportunity permits” program. That opportunity came to an abrupt end in January when the Beverly Hills school board voted to end the program—kicking out a full 10 percent of their students. ...
Business & Economics

Grab that redevelopment cash

SACRAMENTO Few things are more ironic, and infuriatingly funny, than listening to California’s notoriously ham-fisted redevelopment agencies complain about the state’s “theft” of redevelopment funds. Last week, California cities had to comply with a Sacramento Superior Court judge’s ruling requiring them to make the first of two payments transferring a ...
Business & Economics

State IT Plan Should Help Silicon Valley and Respect Taxpayers

Historically, California officials have struggled to manage effectively the state’s massive, decentralized $3 billion IT (information technology) network. In recent years, Governor Arnold Schwarzenegger has used the state’s IT Strategic Plan as a guiding document to streamline operations, improve efficiencies and accountability across dozens of state agencies. The motive is ...
Business & Economics

Taxifornia reaps what it sows

Orange County Register, May 12, 2010 If you prefer as little tax burden as possible, you will cringe to learn that California ranks in a tie for last place with South Carolina and New York. But if you delight in the idea of government taxing people for every dime it ...
Business & Economics

Sunset In Taxifornia?

Deficits: We’ve been hard on Arnold Schwarzenegger in recent months, but we’re foursquare behind the California governor in his effort to balance the state’s budget without raising taxes. The Golden State’s $18.6 billion budget deficit, the nation’s largest, is the result of uncontrolled spending by the state’s Democrat-controlled legislature — ...
Business & Economics

Arnold, for once, is right

From fiscal failure to green destructiveness to an utter lack of courage when it would have mattered most, Gov. Arnold Schwarzenegger’s tenure in office has not been an exercise in analytic rigor. But on one proposal – the sale and leaseback of 11 state office buildings – Arnold is correct, ...
Business & Economics

Artificially low interest rates bad for economy

Ultra-low interest rates fueled the housing bubble, thanks to former Fed chairman Alan Greenspan’s direction. And Americans should brace for another crash because that practice has continued. The Federal Reserve’s Open Market Committee recently announced it would maintain a target of zero to 0.25 percent for the federal funds rate ...
Business & Economics

Bankers vs. Everyone

Libertarian Ron Paul’s “Audit the Fed” movement has gained the support of socialist Sen. Bernie Sanders (I-Vt.) and conservative Sen. Jim DeMint (R-S.C.). At the same time, anarchists in Greece riot against fiscal austerity measures, while organs of the strongest government on the planet—namely, the U.S. Justice Department and SEC—accuse ...
Business & Economics

Referendum on unions in OC

Voters in North Orange County on June 8 will fill the Fourth Supervisorial District seat vacated by Chris Norby when he was elected to the state Assembly to replace Mike Duvall, of sex-scandal fame. Most residents probably don’t think too much about the Board of Supervisors, but there is one ...
Commentary

Health reform’s war on the states

President Obama and Congress have succeeded in a massively disruptive reorganization of health insurance by the federal government. This mission, although most people don’t know it, is about to collide with state budgets, causing much collateral damage nationwide. Most people remain unaware that health insurance premiums contribute to states’ tax ...
California

Why Beverly Hills Gave Students the Boot

Students living outside the illustrious 90210 zip code have been allowed to attend Beverly Hills Unified schools through an “opportunity permits” program. That opportunity came to an abrupt end in January when the Beverly Hills school board voted to end the program—kicking out a full 10 percent of their students. ...
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