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Business closings bring huge losses

November 28, 2012 By Katy Grimes. Nov. 28, 2012 By Katy Grimes When a business closes it's doors forever, the impacts are far-reaching. The announcement of the upcoming closure of the Campbell's Soup plant in Sacramento will have regional and statewide impact. Econ. 101 I may have been a political science student, but my husband is a longtime Sacramento manufacturer. For many years I lived and worked Econ. 101 lesso...

Will millionaires avoid Prop. 30 tax increase?

November 28, 2012 By admin. Analysis Nov. 28, 2012 By John Seiler During the recent campaign, Gov. Jerry Brown insisted that people would not try to avoid his Proposition 30 tax increase by halting investments and "hiding" their money. Prop 30 boosts the top state income tax rate on millionaires to 13.3 percent from 10.3 percent. Warren Buffett just wrote the same thing in a New York Times op-ed, insisting that...

PG&E misleads on rate increases

November 27, 2012 By admin. Editor's Note: This is Part 2 of two. Part 1 is here.  Nov. 27, 2012 By Katy Grimes PG&E has openly misled about rate increases. In February 2011, PG&E announced the utility expected its electric rate to remain steady into 2011. Then it was revealed that PG&E's 2011-2013 General Rate Case would bring more rate increases. As I wrote in February, “The game was clever: Wh...

Policy, not shortage, causing water crisis

November 26, 2012 By admin. Nov. 26, 2012 By Wayne Lusvardi There is no apparent drought of journalists with metaphors to define the so-called water crisis in the United States and California.  Every month, it seems, another new end-of-the-world water book comes out. Cynthia Barnett is the author of the book, "Blue Revolution: Unmaking America’s Water Crisis." In the Los Angeles Times, she recently wrote a...
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