January, 2013

Study finds corporate tax breaks are ‘corporate welfare’

Thursday, January 31st, 2013

Jan. 31, 2013 By Katy Grimes A new study just released by the Howard Jarvis Taxpayers Foundation and the Reason Foundation found many California tax breaks given to corporations constitute corporate welfare, shows how they actually impede economic growth, and contribute to the state’s nasty pol...

Legislation would create school marshal program to protect kids

Thursday, January 31st, 2013

Jan. 31, 2013 By Katy Grimes SACRAMENTO -- Planes have armed air marshals.  How about armed school marshals? Last week Assemblyman Tim Donnelly told me about his plan to offer legislation to create a voluntary school marshal program, modeled after the highly successful air marshals program. Do...

How CA GOP can have fun with the budget, Democrats

Thursday, January 31st, 2013

Jan. 31, 2013 By John Seiler I keep giving Republicans ideas so they can have some fun with Democrats. So far, the GOP remains about as fun-loving as teetotaler at a Sonora wine-tasting party. But here's an idea. Proposition 30 just passed and is raising $6 billion in new taxes. As you'll recall,...

What CA fracking advocates can learn from PA

Thursday, January 31st, 2013
What CA fracking advocates can learn from PA

Jan. 31, 2013 By Chris Reed As Californians begin to appreciate the immense economic potential of the state’s underground natural gas and oil reserves, the debate will sharply intensify over the safety of hydraulic fracturing -- the newly refined and improved tool used to access previously unre...

Tree ring studies confirm global COOLING, cast doubt on AB 32

Thursday, January 31st, 2013

Jan. 31, 2013 By Chriss Street Global cooling? New studies of tree rings show that it's happening. Yet California remains governed by AB 32, whose official title is the "Global Warming Solutions Act of 2006." It's seven years later. Gov. Arnold Schwarzenegger, who signed AB 32 into law, is long g...

Small biz jobs up, but not in CA

Wednesday, January 30th, 2013

Jan. 30, 2013 By Katy Grimes While small businesses across the nation created 20,000 new jobs this month, California lost small business jobs, according to Intuit Payroll's Small Business Index.  The Intuit Small Business Employment Index is a measure of employment for businesses with fewer th...

‘We are now Europe!’

Wednesday, January 30th, 2013
‘We are now Europe!’

Jan. 30, 2013 By Katy Grimes Rick Santelli, my favorite vociferous and opinionated financial news guru, today said that with the federal government's release of the latest report finally showing that the economy actually shrunk in the fourth quarter last year, "We are now Europe." "When you ac...

CA lawmakers at hearing aim at guns, not crooks

Wednesday, January 30th, 2013

Jan. 30, 2013 By Katy Grimes SACRAMENTO -- There was no shortage of drama yesterday in a Capitol hearing about California's gun laws. A show-and-tell, demonstration by the California Department of Justice, of several high-capacity rifles held the rapt attention of lawmakers. A short documentary w...

‘Violence is as American as apple pie’

Wednesday, January 30th, 2013

Jan. 30, 2013 By Katy Grimes The Senate and Assembly held a joint Public Safety committee hearing on Tuesday about guns, but the hearing room was not even two-thirds full. Several Capitol staffers told me that the hearing had not been noticed to the public properly, deliberately, in order to kee...

Why don’t pension funds divest from ALL arms companies?

Wednesday, January 30th, 2013

Jan. 30, 2013 By John Seiler After the December shootings at Newtown, Conn., California Treasurer Bill Lockyer and others took aim at some arms manufacturers. Lockyer "said he’ll propose that the state’s public pension funds, the two largest in the U.S., sell off investments in firearm manufa...