Budget and Finance
Back to homepageCal State Chair Nabs Committee Nod
FEB. 16, 2012 By JOHN HRABE The Senate Rules Committee quietly voted Feb. 15 to reconfirm Herbert Carter to a second term as Chairman of the California State University Board of Trustees. Carter, who has served as the board’s chairman
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Cal State’s Phony Pay Cap
This article originally was posted on Flash Report. It is a follow-up to a CalWatchDog article. FEB. 16, 2012 By JOHN HRABE The Cal State University Board of Trustees has been busy. When they aren’t raising student fees or blaming
Read MoreCal State Prez Salaries Top Facebook Exec
FEB. 14, 2012 By JOHN HRABE Facebook’s Chief Operating Officer Sheryl Sandberg is one of the country’s top executives. Under her tenure, the company has increased its user base tenfold—to more than 750 million users worldwide. That’s to be expected
Read MoreLoan Bailout Rips Off Middle Class
FEB. 13, 2012 By WAYNE LUSVARDI In a modern version of one of Aesop’s classic fables, a whooping crane swoops down and gobbles up a frog. But the frog reaches an arm out of the crane’s mouth and grabs its
Read MoreStock Market Not Helping Pension Funds
FEB. 10, 2012 By JOHN SEILER California Pension Reform just suspended its attempt to put an initiative on the November ballot. It ran out of money — sort of like the pension funds themselves. Meanwhile, the stock market seems to
Read MoreOther States Bail Out CA Mortgages
FEB. 10, 2012 By CHRISS STREET Just over a week ago I published here on CalWatchDog.com “New California Budget Crisis May Torpedo November Tax Increase Initiative.” The report illuminated how state Controller John Chaing had shocked California’s spendthrift politicians by
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Our Budding Young Scholars…
John Seiler: America spends something like $400 billion a year on K-12 public-school education. That’s $400,000,000,000.00. Here’s the result: Feb. 9, 2012
Read MoreMore Taxes for Skoolz?
Commentary FEB. 7, 2012 By JOHN SEILER I’m enjoying the tiff between Gov. Jerry Brown and the other tax-increase forces in the state, in particular activist lawyer Molly Munger and the California Teachers Association. As Dan Walters notes today, Brown’s
Read MoreThink Long Comes Up Short
The following first appeared in City Journal California. FEB. 2, 2012 By STEVEN GREENHUT California’s ongoing budgetary and political dysfunction has spawned a host of reformers backed by wealthy donors. The latest scheme, released with much fanfare in late November,
Read MoreDems Vote to Slash School Funding
FEB. 1, 2012 By KATY GRIMES Anyone involved in state politics would concede that it would be a cold day in hell when Democratic legislators vote to cut school funding, especially to schools in their own districts. But that it
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