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Gov. Christie: Not all pensions will be paid
Chris Cristie is the governor of New Jersey. But he has given a wake-up call to all states with public pension problems, including California. The latest: BELMAR, N.J. — Pension reform is going to involve breaking some promises, including reducing benefits
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Associated Press blows coverage of bullet-train ruling
Led by the Associated Press, the mainstream media coverage of the state appellate court ruling overturning two anti-bullet train trial court rulings is somewhat peculiar in that it depicts the ruling as monumental. Read the 49-page decision, and it seems
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Median household income crashed 1/3
Wonder why you feel so poor? Because you are. According to a new study by the Russell Sage Foundation, in the last decade median household income crashed by 1/3, from $87,992 in 2003 to $56,335 in 2013. The crash started during the
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Appellate court green-lights high-speed rail project
On Thursday, Sacramento’s 3rd Appellate District Court ruled California’s high-speed rail project can move ahead. It overturned a decision last fall by Sacramento Superior Court Judge Michael Kenny. Kenny had ruled that the current funding plan, as approved by
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Bill would mandate employee poverty data
A bill making its way through the state Legislature seeks to publicly “shame” California businesses that employ a large number of workers who also receive public assistance benefits. That’s the warning from the California Chamber of Commerce in a press
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Fresno votes against high-speed rail project
In a surprise this week, the Fresno County Supervisors’ voted, 3-2, to officially oppose California’s high-speed rail project. That reversed seven years of actively supporting the project. No one expects Fresno’s actions will stop the project. But the vote delivers
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Kings County attorney: Don’t overreact to pro-bullet train ruling
A state appellate court ruling announced Thursday overturning Sacramento Superior Court Judge Michael Kenny’s 2013 decisions saying the state rail authority didn’t have a legal financing plan or adequate environmental reviews to proceed with construction of the initial segment of
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