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NEW: After gamble backfires, L.A. demands refund from banks

Tuesday, September 2nd, 2014
interest-rate-swaps-7

  In the San Francisco Bay area, public transit riders are paying $104 million in higher rider fees to cover the cost of exotic financial insurance known as an interest rate swap. In Detroit, the inability of the city to make interest rate swap payments signaled eventual bankruptcy. So the r...

VIDEO: The Economics of Immigration: Peter Schiff on Workers and Welfare Magnets

Monday, September 1st, 2014
NEW: VIDEO: The Economics of Immigration: Peter Schiff on Workers and Welfare Magnets

There's a difference between somebody coming to America to work and people coming to America for a hand out. Businessman Peter Schiff explains to CalWatchdog.com's James Poulos.   ...

VIDEO: How Sen. Obama and Big Labor Killed Immigration Reform

Monday, September 1st, 2014
NEW: VIDEO: How Sen. Obama and Big Labor Killed Immigration Reform

Illegal immigration is once again a top issue for California. But in D.C., is there anybody working to reform the system? Grover Norquist, president of Americans for Tax Reform, provides his insights to CalWatchdog.com's Brian Calle.   ...

100,000 lacking ID could lose Covered CA coverage

Friday, August 29th, 2014

Covered California could lose up to 100,000 enrollees who haven't proven their eligibility under the state's version of the Affordable Care Act, or Obamacare. According to the ACA, unlawful U.S. residents aren't permitted to receive coverage. Yet, although California is home to many immigrants ...

Gerawan workers protest UFW as court date looms

Friday, August 29th, 2014

A fresh twist has arisen in the drama surrounding Gerawan Farms' dispute with United Farm Workers. The long-running controversy, which pitted Gerawan and its workers against the UFW and California's Agricultural Labor Relations Board, has been developing fast. The primary action was that a le...

Update: Plastic bag ban passes Assembly

Thursday, August 28th, 2014
Alex Padilla

Update, 2:26 pm, Aug. 28: On a second vote, SB 270 just passed the Assembly. Despite strong momentum and an air of inevitability, California state legislators hit a major snag on Aug. 27 in their plans for a statewide ban on single-use plastic shopping bags. It was a  rebuke for SB270, intro...

Uber, Lyft compromise on ridesharing regulations

Thursday, August 28th, 2014

Uber and Lyft, two of the country's leading ridesharing companies, reached a compromise with state lawmakers on Wednesday over new regulations of the industry that is changing how people get around town. Assembly Bill 2293, which had been strongly opposed by the ridesharing companies, requires ...

Brown hits CalPERS on pension spiking

Wednesday, August 27th, 2014

A bad month for CalPERS has gotten worse. On the heels of unfavorable news surrounding its investment strategy and leadership, the California Public Employee Retirement System provoked the wrath of Gov. Jerry Brown, who heaped scorn on its latest "pension spiking" plan. "Today CalPERS got it w...

Dems stop bills to ease gas price hike

Tuesday, August 26th, 2014

  Perhaps the last chance to head off a California gasoline price hike that could exceed 50 cents per gallon by 2020 just was defeated on the state Senate floor. Sen. Andy Vidak, R-Hanford, offered amendments to a bill, AB2492, that had nothing to do with the bill’s focus on drug senten...

Bill would push unionizing franchise workers

Tuesday, August 26th, 2014
7-Eleven

  The franchise market in California, a keystone of small business in the state, soon could change radically. The California Legislature last Thursday sent a bill to Gov. Jerry Brown’s desk that would effectively supersede the contractual agreements between California-based franchises a...