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Should San Berdoo cherry pick underwater mortgages?

CalWatchdog Staff July 13, 2012

July 13, 2012 By Wayne Lusvardi What a ripoff. San Bernardino County wants to use eminent domain to let a private mortgage lender cherry pick “underwater” mortgages without paying damages to the lenders. Doing so supposedly would stimulate the resale

Crime jumps as prisoners flood into county jails

CalWatchdog Staff July 13, 2012

July 13, 2012 By Dave Roberts California’s experiment in incarcerating tens of thousands of criminals in local jails or their homes rather than in state prisons is 10 months old, so the verdict is not yet in on whether it’s

First pensions, and now bankruptcy tsunami

CalWatchdog Staff July 12, 2012

July 12, 2012 By Steven Greenhut First Vallejo, then Stockton, then Mammoth Lakes and now San Bernardino. As Orange County Supervisor John Moorlach told Bloomberg News, the bankruptcy dominoes are starting to fall. One California city after another — following

The train that broke California’s back

CalWatchdog Staff July 12, 2012

July 12, 2012 By Chriss Street The state of California was already facing a $19 billion budget deficit, had shorted K-12 public schools $8 billion and are releasing imprisoned rapists into the “community probation” when the California Legislature’s Democratic majority

Video: Los Angeles faces bankruptcy

Video: Los Angeles faces bankruptcy

CalWatchdog Staff July 10, 2012

July 10, 2012 By Brian Calle

California employment back to 2009

CalWatchdog Staff July 9, 2012

July 9, 2012 By Wayne Lusvardi California’s current employment rate is about at the same as in 2009, a year after the bank panic and mortgage meltdown of 2008. While California’s unemployment rate has dropped from a high of 12.3

Student loan slavery

CalWatchdog Staff July 6, 2012

July 6, 2012 By John Seiler I tell youngsters all the time: Don’t go into debt for college! Not that they listen to me, any more than I listened to my elders when I was their age. At least when

Gov. Brown’s budget deficit: mandate or tax?

CalWatchdog Staff July 3, 2012

July 3, 2012 By Wayne Lusvardi The entire country has been focused on the recent Supreme Court redefinition of the Obamacare individual “mandate” to buy health insurance as a “tax.” Obamacare has been redefined to ObamaTAX. The power to define

‘ObamaTAX’ May Force School Boards to Cut Nonessentials

CalWatchdog Staff July 2, 2012

July 2, 2012 By Wayne Lusvardi Local school boards in California are going through their annual Kabuki dance ritual claiming there will be teacher layoffs unless Gov. Jerry Brown’s or Molly Munger’s state tax hike propositions are passed by the

Time to bring back Calif. Justices of the Peace

CalWatchdog Staff July 2, 2012

July 2, 2012 By Michael Warnken Upon recent news of the state’s $16 billion dollar budget deficit, the legislature began making deep cuts in numerous programs. One of the most devastating cuts of $544 million was to the state judiciary.

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