California

Business & Economics

Will California’s ‘Top Two’ Primary Work?

California voters on Tuesday approved Proposition 14, which replaces traditional partisan primaries in state and Congressional races. Starting in 2011, candidates for an office would be on a single ballot, regardless of political affiliation, and the top two vote-getters (even if from the same party) would advance to the general ...
Business & Economics

Seriously folks, these folks aren’t

Sacramento – The Australian radio announcer interviewing me last week about the dreadful state of California’s budget and economy wanted to know what she would find if she landed at LAX and drove around the state. It’s not like “Blade Runner,” director Ridley Scott’s 1982 film depicting a dystopian future ...
California

Cops Bust Hamburglar!

By John R. Graham, director of Health Care Studies Santa Clara County, California: Sheriff’s deputies raid a fast-food restaurant, line up a dozen workers against the wall, and block the doors. The manager nervously tries to assure that everything is in order, but one of the deputies catches a glimpse ...
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

Will California’s ‘Top Two’ Primary Work?

California voters on Tuesday approved Proposition 14, which replaces traditional partisan primaries in state and Congressional races. Starting in 2011, candidates for an office would be on a single ballot, regardless of political affiliation, and the top two vote-getters (even if from the same party) would advance to the general ...
Business & Economics

Seriously folks, these folks aren’t

Sacramento – The Australian radio announcer interviewing me last week about the dreadful state of California’s budget and economy wanted to know what she would find if she landed at LAX and drove around the state. It’s not like “Blade Runner,” director Ridley Scott’s 1982 film depicting a dystopian future ...
California

Cops Bust Hamburglar!

By John R. Graham, director of Health Care Studies Santa Clara County, California: Sheriff’s deputies raid a fast-food restaurant, line up a dozen workers against the wall, and block the doors. The manager nervously tries to assure that everything is in order, but one of the deputies catches a glimpse ...
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 ...
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