California

California

Lessons for Arnold from Milton Friedman

Sacramento Union, February 15, 2008 SACRAMENTO – Jan. 29 was Milton Friedman Day, which may have escaped Californians’ notice. I wonder: Could Gov. Arnold Schwarzenegger gain inspiration from the ideas of the late Nobel laureate and lauded economist? One in three California public school students is now in a public ...
California

What Now for California Health Care?

Last month the Senate health committee dumped the Schwarzenegger/Núñez Model ABX1 1, California’s trend-setting gadget for health-care repair. Senator Sheila Kuehl, who chairs that committee, tossed it for more personal reasons, other than the obvious $14-billion price tag and state budget deficit of similar size. Senator Kuehl wants to bring ...
Business & Economics

California’s Broadband Bridge to Nowhere

The California Broadband Task Force, convened by Governor Schwarzenegger, concluded last month that high-speed Internet access should be a public investment, much like roads and power lines. The CBTF proposes “state-issued broadband bonds” to bring ultra-fast connections to the state’s most desolate reaches. Without public subsidies, however, California already ranks ...
California

California Health Care Deforminator: Model ABX1 1

Californians entered 2007 hopeful that Governor Arnold Schwarzenegger and legislative leaders would collaborate to find real solutions to overcome the “root causes” of rapidly increasing health costs, the growing number of uninsured, and the rise in small businesses increasingly unable to provide health benefits. Instead, they got a proposed tax ...
California

California Health “Reform” Plan Would Break the Bank

Flash Report, January 28, 2008 California Governor Arnold Schwarzenegger, Assembly Speaker Fabian Nuñez, and their allies in Big Business and Big Labor are in desperate need of a reality check about the states’ finances. A small group of these elites is pushing a massive healthcare spending package that would exacerbate ...
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 ...
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 ...
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 ...
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 ...
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 ...
California

Lessons for Arnold from Milton Friedman

Sacramento Union, February 15, 2008 SACRAMENTO – Jan. 29 was Milton Friedman Day, which may have escaped Californians’ notice. I wonder: Could Gov. Arnold Schwarzenegger gain inspiration from the ideas of the late Nobel laureate and lauded economist? One in three California public school students is now in a public ...
California

What Now for California Health Care?

Last month the Senate health committee dumped the Schwarzenegger/Núñez Model ABX1 1, California’s trend-setting gadget for health-care repair. Senator Sheila Kuehl, who chairs that committee, tossed it for more personal reasons, other than the obvious $14-billion price tag and state budget deficit of similar size. Senator Kuehl wants to bring ...
Business & Economics

California’s Broadband Bridge to Nowhere

The California Broadband Task Force, convened by Governor Schwarzenegger, concluded last month that high-speed Internet access should be a public investment, much like roads and power lines. The CBTF proposes “state-issued broadband bonds” to bring ultra-fast connections to the state’s most desolate reaches. Without public subsidies, however, California already ranks ...
California

California Health Care Deforminator: Model ABX1 1

Californians entered 2007 hopeful that Governor Arnold Schwarzenegger and legislative leaders would collaborate to find real solutions to overcome the “root causes” of rapidly increasing health costs, the growing number of uninsured, and the rise in small businesses increasingly unable to provide health benefits. Instead, they got a proposed tax ...
California

California Health “Reform” Plan Would Break the Bank

Flash Report, January 28, 2008 California Governor Arnold Schwarzenegger, Assembly Speaker Fabian Nuñez, and their allies in Big Business and Big Labor are in desperate need of a reality check about the states’ finances. A small group of these elites is pushing a massive healthcare spending package that would exacerbate ...
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 ...
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 ...
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 ...
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 ...
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 ...
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