California
Business & Economics
Fed Was `Premature’ to Cut Rates, Former Central Banker Says
Jan. 22 (Bloomberg) — The Federal Reserve was too quick to reduce interest rates today in an emergency move after global stock markets tumbled, a former Fed president said. “It strikes me as very premature,” Lee Hoskins, former president of the Cleveland Fed, said in an interview after the central ...
Kathleen Hays
January 22, 2008
California
New PRI Report Exposes True Cost of Governor Schwarzenegger’s Health Care Proposal
Proposal costs 2 ½ times more than planned, 50,000 to 100,000 jobs lost annually Introducing the California “Sick Tax” Calculator San Francisco — Governor Arnold Schwarzenegger’s proposed $14 billion dollar health care plan would likely cost $36 billion in 2010 – 2.5 times more than budgeted – according to California ...
Pacific Research Institute
January 22, 2008
Business & Economics
The Fed Painted Into a Keynesian Corner
Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Robert P. Murphy
January 22, 2008
Business & Economics
California Lights the Way: Legislature Could Become Global Internet Regulator
Last week Governor Schwarzenegger created a new state agency to help Californians protect their personal information online. With more than one million cases of identity theft reported in California last year, the Office of Information Security and Privacy Protection will serve as a valuable educational resource to help residents stem ...
Daniel R. Ballon
January 9, 2008
California
Healthy San Francisco raises costs for everyone
Two years ago, our family moved from San Francisco to Marin County, motivated partly by high prices in San Francisco restaurants. Now we mostly dine north of the Golden Gate Bridge and for 2008 we were prepared to give up on San Francisco entirely. The reason? San Francisco’s Health Access ...
John R. Graham
January 8, 2008
California
California’s Public Retiree Health Care Liabilities
Although we have no time for Governor Schwarzenegger’s California Health Deforminator Model ABX1 1, we’re sure glad he struck a commission to get a handle on the state’s public sector retiree health benefits. You know all that talk about how retiree health benefits are sinking the Big 3 Detroit automakers, ...
John R. Graham
January 8, 2008
California
California’s Affluent Schools Ooze Corruption
UGotNerve, August 14, 2008 Human Events, January 8, 2008 When middle-class parents in California opened their newspapers recently and read that the leviathan Los Angeles Unified School District had overpaid their employees by $53 million, many likely took comfort in the belief that at least the school districts in their ...
Lance T. izumi
January 8, 2008
California
Reality Check in Aisle 3: Safeway Has No Place In California’s Health Reform Debate
Perhaps the most hypocritical element of California Health Deforminator Model ABX1 1, the deal forged between Gov. Schwarzenegger and Assembly Speaker Nuñez, is the omnipresence of Safeway CEO Steve Burd at the governor’s side whenever he talks up the so-called “reform”. Mr. Burd has become the governor’s number one corporate ...
John R. Graham
January 4, 2008
California
Healthy San Francisco Access Plan: Mostly Illegal, Popularity Dwindling
At the end of last year, a federal judge ruled that the San Francisco Health Access Plan’s “pay or play” mandate (that employers provide health benefits or pay a tax of $1.17 to $1.76 per hour per worker) violated ERISA (the Employee Retirement Income Security Act) and tossed it out. ...
John R. Graham
January 3, 2008
Business & Economics
State’s economy at year’s beginning
State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...
Troy Nichols
January 5, 2001
Fed Was `Premature’ to Cut Rates, Former Central Banker Says
Jan. 22 (Bloomberg) — The Federal Reserve was too quick to reduce interest rates today in an emergency move after global stock markets tumbled, a former Fed president said. “It strikes me as very premature,” Lee Hoskins, former president of the Cleveland Fed, said in an interview after the central ...
New PRI Report Exposes True Cost of Governor Schwarzenegger’s Health Care Proposal
Proposal costs 2 ½ times more than planned, 50,000 to 100,000 jobs lost annually Introducing the California “Sick Tax” Calculator San Francisco — Governor Arnold Schwarzenegger’s proposed $14 billion dollar health care plan would likely cost $36 billion in 2010 – 2.5 times more than budgeted – according to California ...
The Fed Painted Into a Keynesian Corner
Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
California Lights the Way: Legislature Could Become Global Internet Regulator
Last week Governor Schwarzenegger created a new state agency to help Californians protect their personal information online. With more than one million cases of identity theft reported in California last year, the Office of Information Security and Privacy Protection will serve as a valuable educational resource to help residents stem ...
Healthy San Francisco raises costs for everyone
Two years ago, our family moved from San Francisco to Marin County, motivated partly by high prices in San Francisco restaurants. Now we mostly dine north of the Golden Gate Bridge and for 2008 we were prepared to give up on San Francisco entirely. The reason? San Francisco’s Health Access ...
California’s Public Retiree Health Care Liabilities
Although we have no time for Governor Schwarzenegger’s California Health Deforminator Model ABX1 1, we’re sure glad he struck a commission to get a handle on the state’s public sector retiree health benefits. You know all that talk about how retiree health benefits are sinking the Big 3 Detroit automakers, ...
California’s Affluent Schools Ooze Corruption
UGotNerve, August 14, 2008 Human Events, January 8, 2008 When middle-class parents in California opened their newspapers recently and read that the leviathan Los Angeles Unified School District had overpaid their employees by $53 million, many likely took comfort in the belief that at least the school districts in their ...
Reality Check in Aisle 3: Safeway Has No Place In California’s Health Reform Debate
Perhaps the most hypocritical element of California Health Deforminator Model ABX1 1, the deal forged between Gov. Schwarzenegger and Assembly Speaker Nuñez, is the omnipresence of Safeway CEO Steve Burd at the governor’s side whenever he talks up the so-called “reform”. Mr. Burd has become the governor’s number one corporate ...
Healthy San Francisco Access Plan: Mostly Illegal, Popularity Dwindling
At the end of last year, a federal judge ruled that the San Francisco Health Access Plan’s “pay or play” mandate (that employers provide health benefits or pay a tax of $1.17 to $1.76 per hour per worker) violated ERISA (the Employee Retirement Income Security Act) and tossed it out. ...
State’s economy at year’s beginning
State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...