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Back to homepageJapan Quake Shaking CA Economy
MARCH 15, 2011 BY JOHN SEILER In the long run, California’s economy probably will not be greatly affected by the economic aftershocks of the earthquake and tsunami in Japan. In the short run, it could be shaken in various ways.
Read MoreCalifornia Takes Huge Leap Toward Default
MARCH 15, 2011 BY CHRISS STREET California taxpayers just took a huge punch in the nose from the same actuaries who provided the cover for state politicians to spike public employee retirement benefits. The latest shocker comes from California State Controller John
Read MoreAlleged CalPERS Corruption
John Seiler: How much more of this are Californians going to take? Will another tax increase be needed? The L.A. Times reports: In a scathing report, a former chief executive of the California public employee pension fund was accused of
Read MoreEarmark $$$ Railroads Taxpayers
MARCH 14, 2011 On the corner of 13th and R Streets in Sacramento sits a charming home built in the late 1800’s, surrounded by lovely garden trellises and arbors of historic old vine rose bushes. Nearby is a light rail
Read MoreBest Budget Deal is No Deal
John Seiler: State senate Republicans continue to be pressed to sell out and vote to put a tax-increase on a special June ballot. They should resist the temptation. The real problem remains profligate state spending from the Davis-Schwarzenegger years. The
Read MoreWSJ: Brown's Deed Goes Punished
Steven Greenhut: Forced to choose between funding public schools and subsidizing ritzy golf courses, many California officials prefer the latter. That’s become painfully clear in the past few weeks as Golden State politicians have fiercely opposed Gov. Jerry Brown’s plan
Read MoreBrown-GOP Negotiations Revealed
Satire alert MARCH 14, 2011 By DAVE ROBERTS Five Republican Senate mavericks have been negotiating with Gov. Jerry Brown in an attempt to get him to agree to proposals that would create jobs, rein in spending and eliminate pension abuses
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