Blog
Blog
High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan
This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package. Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan. The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
Blog
CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign
The COVID-19 recession has fueled volatility in the financial markets. Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
Blog
What We’re Watching – July 24
Kerry Jackson – Don’t “Abolish the Police.” Privatize Them. Defund the police? Increase funding? Do nothing? Here’s a video that proposes something few would ever think of. Rowena Itchon – On Joe Biden’s $2 Trillion Green New Deal Check out Reason TV’s analysis of Biden’s $2 trillion Green New Deal. ...
Blog
Biden’s Climate Change Agenda Is Inspired by AOC, California
Presumptive Democratic nominee Joe Biden last week unveiled his version of the Green New Deal. The plan, which can be summed up as AOC meets CA, shows just how far Biden is willing to lunge toward the left coast’s environmental agenda. AOC’s Green New Deal, criticized for being light on ...
Blog
California is a Part-Time Legislature Due to Coronavirus
Advocates have fought to make California a part-time legislature for a while now. Strangely, the coronavirus pandemic has given these advocates what they want in the interest of public health. The California State Legislature has largely been sidelined since shelter-in-place orders and closures began in March 2020. The state legislature ...
Blog
Latest Scene of Cancel Culture: SF Museum of Modern Art
A “white supremacist” organized exhibits for the San Francisco Museum of Modern Art for nearly 20 years? How did his hateful bigotry go undetected for so long in a city whose vanity is in large part fueled by its Wokeness? Gary Garrels, the museum’s senior curator of painting and sculpture, ...
Blog
Notes from Taxifornia
Last week, as millions of Californians filed their tax returns on the delayed July 15 tax deadline, there was good and bad news on the tax increase front in Taxifornia. Split Roll Tax Increase Campaign Based on Class Warfare I wrote last month that how the 2020-21 state budget deal, ...
Blog
California Near Rock-Bottom Again on Yet Another National Ranking
Another national list, another nearly rock-bottom ranking for California. It’s become too predictable. When WalletHub, a prolific producer of lists, says that California is 48th among the states on “taxpayer return on investment” (forget for the moment that taxes are not investments but funds to operate government, and a drain ...
Blog
Ending the “Era of Shareholder Capitalism”
Last week, presumptive Democratic nominee Joe Biden unveiled his economic platform in Pennsylvania, calling for an end to the “era of shareholder capitalism.” It seems that Jack Lew, former treasury secretary and a member of the Biden brain trust, neglected to tell him that more than half of U.S. families ...
Blog
Latest Rankings Further Proof California Must Remove Barriers to Opportunity
Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan
This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package. Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan. The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign
The COVID-19 recession has fueled volatility in the financial markets. Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
What We’re Watching – July 24
Kerry Jackson – Don’t “Abolish the Police.” Privatize Them. Defund the police? Increase funding? Do nothing? Here’s a video that proposes something few would ever think of. Rowena Itchon – On Joe Biden’s $2 Trillion Green New Deal Check out Reason TV’s analysis of Biden’s $2 trillion Green New Deal. ...
Biden’s Climate Change Agenda Is Inspired by AOC, California
Presumptive Democratic nominee Joe Biden last week unveiled his version of the Green New Deal. The plan, which can be summed up as AOC meets CA, shows just how far Biden is willing to lunge toward the left coast’s environmental agenda. AOC’s Green New Deal, criticized for being light on ...
California is a Part-Time Legislature Due to Coronavirus
Advocates have fought to make California a part-time legislature for a while now. Strangely, the coronavirus pandemic has given these advocates what they want in the interest of public health. The California State Legislature has largely been sidelined since shelter-in-place orders and closures began in March 2020. The state legislature ...
Latest Scene of Cancel Culture: SF Museum of Modern Art
A “white supremacist” organized exhibits for the San Francisco Museum of Modern Art for nearly 20 years? How did his hateful bigotry go undetected for so long in a city whose vanity is in large part fueled by its Wokeness? Gary Garrels, the museum’s senior curator of painting and sculpture, ...
Notes from Taxifornia
Last week, as millions of Californians filed their tax returns on the delayed July 15 tax deadline, there was good and bad news on the tax increase front in Taxifornia. Split Roll Tax Increase Campaign Based on Class Warfare I wrote last month that how the 2020-21 state budget deal, ...
California Near Rock-Bottom Again on Yet Another National Ranking
Another national list, another nearly rock-bottom ranking for California. It’s become too predictable. When WalletHub, a prolific producer of lists, says that California is 48th among the states on “taxpayer return on investment” (forget for the moment that taxes are not investments but funds to operate government, and a drain ...
Ending the “Era of Shareholder Capitalism”
Last week, presumptive Democratic nominee Joe Biden unveiled his economic platform in Pennsylvania, calling for an end to the “era of shareholder capitalism.” It seems that Jack Lew, former treasury secretary and a member of the Biden brain trust, neglected to tell him that more than half of U.S. families ...
Latest Rankings Further Proof California Must Remove Barriers to Opportunity
Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
