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NEW: CA jobless down, but state faces competition

California took pride this week in the staggering news of Apple Inc.'s record quarterly earnings. And the state unemployment rate dropped in December to 7 percent, down from 7.2 percent in November -- a vas...

NEW: Californians distrust state government

  Nine out of 10 Californians believe state government wastes their tax dollars. Two-thirds believe state government is run for the benefit of a few special interests and state officials cannot be trus...
 

NEW: CA lawmakers deal pair of online poker bills

State lawmakers have dealt out a pair of bills to legalize Internet poker in California. Assemblymen Mike Gatto, D-Glendale, and Reggies Jones-Sawyer, D-Los Angeles, have introduced separate proposals to all...

McClintock pushes water storage, public lands access

"I think there’s going to be a concerted effort in the next few weeks to move both short-term and long-term water relief bills for California," Rep. Tom McClintock, R-Calif., told CalWatchdog.com. As this si...
 

Featured Investigation

 

Fresno beats SF, San Jose in economic growth

The gleaming high-tech companies of San Francisco and Silicon Valley now are California's face to the world -- even more than Hollywood. But -- surprise! -- an updated Brookings Institution study found the inland metropolitan areas of California beat out the upscale coastal cities in the Bay Area and Silicon Valley for overall economic growth in 2013-14. What most Californians hear and read in the media is the...

Comparing CalPERS and CalSTRS with AT&T retirement

Following yesterday’s CalWatchdog.com story, “State pensions improve, but members living longer,” it would be useful to compare California’s two large state retirement funds with a roughly equivalent private one, AT&T. Most private companies have switched to “defined contribution” pension plans, in which the employer pays a defined sum in to a fund, such as a 401(k), controlled by the employee/ret...

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Municipal Bankrupcy

 

What are the alternatives to bankruptcy?

Editor’s Note: This is the Ninth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. It was 1975 and New York City was running out of cash. Its excessive spending and lack of financial oversight created a $14 billion debt, with more than half of it short-term. A request for a bailout from the federal government, headed by President Gerald Ford, didn’t happen and was memorialized...


CalWatchdog Blog
Brown, Newsom ace Napolitano

This now is Gov. Jerry Brown's ninth decade in California politics. He was born in 1938 into his fa...

Fracking with no freshwater — or water — increasingly common

The next great environmental fight in California is likely to be over hydraulic fracturing, the ener...

CA road use tax could morph into social engineering experiment

The prospect that Californians will face a new state levy is certain to cause grousing and considera...

CA Dem vs. CA Dem on taxes

One-party systems are inherently unstable. People inevitably choose sides. And budget realities alwa...

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