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Steve Maviglio, pension sage: Why it’s a laughable spectacle

April 2nd, 2013 By admin.

April 2, 2013 By Chris Reed Steve Maviglio, a leading consigliere to top Sacramento Democrats for more than a decade, now regularly pretends to  a new role. Even though he's on Speaker John Perez's payroll, Maviglio offers himself up on Twitter in the quasi-journalistic role of reasoned, reasonab...

L.A. Times intolerant toward ‘intolerant’ conservatives over Google on Easter Sunday

April 1st, 2013 By admin.

April 1, 2013 By John Seiler The Los Angeles Times writer Robin Abcarian informs us: "There’s no intolerance like good conservative intolerance. "On Easter Sunday, Google incurred the wrath of the conservative Twittersphere when it chose to feature on its home page a portrait of California civi...

Another East Coast liberal misjudges CA

April 1st, 2013 By admin.

April 1, 2013 By John Seiler California is such a complex state that it's often amusing when East Coast liberals try to explain it to us. The latest is from New York Times columnist Paul Krugman. His article appeared in the April 1 edition of the Times, so maybe it's an April Fool's joke. He writ...

So why is Google worth so much?

April 1st, 2013 By admin.

April 1, 2013 By John Seiler I kept hoping it was an April Fool's Day joke. But the new Gmail from Google isn't. It makes me wonder how they got to be worth so many billions. The new format opens a new  screen on the right side of my monitor. Google says this is so I can keep an eye on my Inbox....

Reuters bests state media at covering San Bernardino’s collapse

April 1st, 2013 By admin.

April 1, 2013 By Chris Reed If you had to fashion a nut graph to explain why so many local California governments are in deep fiscal trouble, here's my nominee for an honest generic overview: Over the past 20 years, the city/county/district's political leaders have often acceded to union demands ...

Why CA is so screwed up, in a nutshell

March 31st, 2013 By admin.

March 31, 2013 By Chris Reed So CalPERS' actuary, in a fit of unusual honesty, says the pension giant's finances are in bad shape in the long run and need to be firmed up. But Alan Milligan realizes that asking his labor-dominated board of directors to have public employees pay more toward pension...

Why is state gov so inefficient? Duh. Job preservation.

March 30th, 2013 By admin.

March 30, 2013 By Chris Reed The Sacramento Bee's Jon Ortiz had a piece Thursday about the grotesque mess that is California state government that had lots of interesting details about the extent of the dysfunction: "Last year, Gov. Jerry Brown christened an overhaul of the state's personnel syste...

Auditor: California $127 billion in the red

March 29th, 2013 By admin.

March 29, 2013 By John Seiler It's official: California is broke. According to a new report by state Auditor Elaine Howle: "unrestricted net assets totaled a negative $127.2 billion. Restricted net assets are dedicated for specified uses and are not available to fund current activities. Almost ha...

Unionized workers reject their own UAW contract!

March 29th, 2013 By admin.

March 29, 2013 By Katy Grimes In an bizarre twist on reality, the United Auto Workers union found itself bargaining as an employer, but got a taste of their own medicine when 74 of the union's own workers at the UAW-General Motors Center for Human Resources rejected the union’s latest cont...

How will the Cyprus crisis impact the U.S.?

March 28th, 2013 By admin.

March 28, 2013 By Katy Grimes Is America headed for a Cyprus-like crash? These are the headline stories today from the Drudge Report: 'THEY HAVE STOLEN OUR MONEY'... Cyprus banks reopen, with strict restrictions... €300 daily withdrawal limit... No money allowed to leave country... Russia to b...

Bullet train: Is L.A. Times’ beat reporter ashamed of edit page?

March 28th, 2013 By admin.

March 28, 2013 By Chris Reed There's been quite a bit of good reporting done on the bullet-train fiasco. Mike Rosenberg of the San Jose Mercury-News and Lance Williams of California Watch jump to mind. But Ralph Vartabedian of the Los Angeles Times probably deserves top honors. Vartabedian's smar...

Obamacare glitch previously covered by CalWatchdog

March 27th, 2013 By admin.

March 27, 2013 By Katy Grimes There are huge news stories all across the country today about the latest discovery in the Obamacare law. I have been writing about these cost increases long before this latest hysteria. And now, well after the election, a new report was published showing just how ...

Obamacare to raise CA costs, shutter Anaheim hospital

March 27th, 2013 By admin.

March 27, 2013 By John Seiler Many people, including yours truly, have warned that Obamacare would lead to higher costs and worse medical care. That's now happening like a heart attack. A new estimate by the Society of Actuaries pegs increases in California medical claims costs by 2017 at 62 perc...

Sacramento arena: A ‘Field of Schemes’

March 27th, 2013 By admin.

March 27, 2013 By Katy Grimes Sacramento officials have lost all ability to reason, and instead are letting emotions and delusions of grandeur drive their decision over a downtown sports arena. Arenas are nothing more that fields of schemes, and the joke is on taxpayers. And Sacramento is hard...

Stockton bankruptcy judge’s pedigree, history offer hope

March 27th, 2013 By admin.

March 27, 2013 By Chris Reed The stakes are immense in the four-day trial in Sacramento's federal bankruptcy court this week. The New York Times frames the issue well: "Wall Street is taking America’s biggest pension fund to court this week, for a long-awaited battle over who takes the losses wh...

Lily-white enviro groups: Snail darters > minorities

March 26th, 2013 By admin.

March 26, 2013 By Chris Reed So the Washington Post has a 1,500-word-plus analysis of why leaders and members of environmental groups -- starting with the biggest of all, the San Francisco-based Sierra Club -- are "more like that of the Republican Party they so often criticize for its positions o...

CA is voting itself right out of income and jobs

March 26th, 2013 By admin.

March 26, 2013 By Katy Grimes Voter registration is down in California. The Secretary of State just published a report showing voters registered with a political party decreased from 78.9 percent to 77.1 percent since this time in 2010. In California, registered Democrats number 43.9 percent, to ...

Alameda County ‘secretary’ will retire wealthy

March 26th, 2013 By admin.

March 26, 2013 By Katy Grimes Is anyone still buying the idea that government workers are "public servants," and so valuable they must be paid so much more than their counterparts in the private sector? Or are some just better scammers? Alameda County Administrator Susan Muranishi is currently ...

So, why do we need Republicans?

March 25th, 2013 By admin.

March 26, 2013 By John Seiler Republicans now are searching for a new path for their party. They're realizing they can't win with their current policies. They're trying to be a new, "hip," "with it," pro-middle class party. So here's where they're doing, as reported by Laurence Vance: "This past F...

CA now suffers nation’s worst unemployment

March 25th, 2013 By admin.

March 25, 2013 By John Seiler Probably for the first time since it became a state in 1850, California now suffers the nation's worst unemployment rate, at 9.8 percent in January. It's tied with Rhode Island for that number, although R.I. has been improving faster. So next month California could wi...

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