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Back to homepageChart shows how weak recovery is
The DOW stock index supposedly shows we’re enjoying a strong recovery. It recently set records, although it’s off a bit today. Not really. Thanks to Chart of the Day, here’s the history of the DOW adjusted for inflation:
Read MoreInvestigating the CA Delta
Before attending an event for the Pacific Research Institute, CalWatchdog.com’s parent think tank, earlier this month I drove around two areas of California I had not been to: the Delta and Silicon Valley. California is such a vast state that
Read MoreSocial Security is healthy compared to public-sector pensions
Last week yet another missive on the lessons to be learned from Detroit’s bankruptcy was published, this time in Forbes Magazine by Jeffrey Dorfman, an economist at the University of Georgia. Dorfman’s article, “Detroit’s Bankruptcy Should Be A Warning To
Read MorePUC seems to OK ride-sharing
There’s a good chance they’ll mess it up in the end. But the Public Utilities Commission so far seems to be OK’ing the new ride-sharing systems that are based on cell phones. The Chronicle wrote: “The new wave of online-enabled
Read MoreFilner accuser heads San Diego school system
The Associated Press and the state media have done a good job on San Diego Mayor Bob Filner’s pathetic sexual-harassment scandal, including the latest coverage of public accuser No. 8, who came forward Tuesday afternoon. This is in contrast with
Read MorePhony ‘recovery’: Home ownership at 18-year low
More proof there has been no “recovery”: “The U.S. homeownership rate, which soared to a record high 69.2 percent in 2004, is back where it was two decades ago, before the housing bubble inflated, busted and ripped more than 7
Read MoreCA media still eager for higher taxes
The way that Sacramento beat reporters judge developments is so much different than the way a typical California adult would. Consider what the Los Angeles Times’ Marc Lifsher wrote about the agenda of Gov. Jerry Brown after the Legislature ended
Read More‘Progressives’ advancing California monopolies
Modern California politics was forged from the Progressive Movement’s “purification” of the political machines and bosses to bring about the reform of monopolistic railroad, insurance and banking trusts that dominated the state. The Progressives reached their apogee a century ago
Read MoreStill working on spam problem
If you wrote a Comment and it didn’t make it, please post it again. We’re still dealing with a massive Spam problem on our new Web site. Some good comments may have gotten deleted. Of course, abusive Comments still will
Read MoreFissures ripping apart CA Dem ranks
Monopoly parties appear monolithic. They seem to control everything. But underneath, they’re split by fissures. Such is the Democratic Party in California. It controls every statewide office. It enjoys supermajorities in both houses of the Legislature. Last November, it passed
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