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CalWatchdog Staff
Cal Chamber sues state for profiting from AB 32
Nov. 15, 2012 By Wayne Lusvardi The California Chamber of Commerce on Tuesday sued the state of California to stop it from making a profit by selling “free” air pollution emission credits as part of the new Cap and Trade
Read MoreSupermajority can’t legislate away reality
Nov. 15, 2012 By Wayne Lusvardi Since the election, several acquaintances of mine have gone out of their way to taunt me about the emergence of the Democratic supermajority in the California Legislature. I have listened respectfully but sadly. Achieving
Read MoreOccidental ready to bring Bakken phenomenon to California
Nov. 15, 2012 By Chris Reed In my research for a U-T San Diego editorial that’s running today about fracking’s immense promise in California, I was astounded to find that Occidental, one of the largest oil/gas companies in the U.S.,
Read MoreLittle Hoover: More CA city bankruptcies loom
Nov. 14, 2012 By Dave Roberts “Are your cities going to make it for five years?” asked Little Hoover Commission Chairman Daniel Hancock at the recent commission hearing on pension and infrastructure financing. “That’s a good question,” responded Dwight Stenbakken, deputy
Read MoreShocking media development: An honest take on AB 32’s costs
Nov. 14, 2012 By Chris Reed Here’s how terrible California media coverage of AB 32 has been: Lots of people reading Dan Walters’ column today about the economic toll that it will take are probably surprised. Remember back in 2010?
Read MoreBankruptcy series: The Road Ahead
Editor’s Note: This is the 11th in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 14, 2012 By Chriss Street Up through September 2011, Wall Street underwriters, bond counsels and other assorted securities industry camp followers were gloating over
Read MoreCalChamber Sues to halt Cap and Trade Auction
Nov. 13, 2012 Katy Grimes: Hear Ye! Hear Ye! The California Chamber of Commerce filed a lawsuit today to halt and “invalidate” the California Air Resources Board’s cap and trade auction scheduled for tomorrow. The Chamber is arguing that the California Air Resources Board
Read MoreLos Angeles teeters on the brink of bankruptcy
Editor’s Note: This is the Tenth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy Nov. 13, 2012 By Brian Calle Taxpayers in Los Angeles are facing a major crisis if Mayor Antonio Villaraigosa and other officials do not begin
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