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Calif. throws subsidy at Tesla Motors

October 12, 2012 By Joseph Perkins. Oct. 12, 2012 By Joseph Perkins Memo to Occupy San Jose: I’ve got a ripe target for you on Santana Row, playpen for the Silicon Valley wealthy. Not Gucci, Burberry, Ferragamo or the other upscale stores along the Row. But Tesla Motors, the electric carmaker, whose co-founder and CEO, Elon Musk, boasts a $2.4 billion net worth. Musk is not merely a member of America’s 1 percent, f...

Economy, DOW have stagnated for 15 years

October 12, 2012 By admin. Oct. 12, 2012 By John Seiler The evidence keeps rushing in that the U.S. and California economies have stagnated for about 15 years. Obviusly, there are bright spots, such Apple, Google and the other Silicon Valley nerd factories. But for anyone with IQ < 180, there has been no "growth," only fake booms and real busts. Some numbers appear to be up, such as the stock market or housi...

Supreme Court’s affirmative-action debate puts focus on UC’s shabby history

October 11, 2012 By admin. Oct. 11, 2012 By Chris Reed The U.S. Supreme Court heard oral arguments Wednesday in Fisher v. the University of Texas, the latest big affirmative-action case to reach SCOTUS. Conservative justices used their questions to establish how intentionally slippery and vague UT officials are in explaining how race is included as a factor in deciding admissions to their first-rate public uni...

Guide to California tax and budget propositions

October 11, 2012 By admin. Oct. 11, 2012 By Wayne Lusvardi On Nov. 6, voters face a number of  initiatives on the ballot targeted at California's endemic budget and tax problems. All promise reforms embraced by both liberals and conservatives.  Some even are being marketed as libertarian reforms.  Here’s a rundown. Props. 30 and 38 tax increases Proposition 30 is called, grandly, the Schools and Local Publ...
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