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CalWatchdog Staff
Carbon credit value of 393,000 Long Beach trees sinks to zero
Aug. 27, 2012 By Wayne Lusvardi The value of 393,000 trees in the City of Long Beach in the state’s Cap and Trade pollution credit market dropped from about $1.7 million to zero on Aug. 24. The reason: the California
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Lance Armstrong should have kept fighting
Aug. 27, 2012 By John Seiler With a name like Lance-Arm-Strong, Lance Armstrong should have kept fighting the anti-doping charges against him. The U.S. Anti-Doping Agency just supposedly “stripped” him of his seven titles, although it’s not clear if they
Read MoreStockton leads tsunami of Calif. bankruptcies
Aug. 27, 2012 By Troy Anderson During Vallejo’s bankruptcy, which began in 2008, the city cut the number of police in half rather than deal with the “pension problem.” Now, a somewhat similar scenario is playing out in Stockton, a
Read MoreNothing is what it seems in CA politics
Aug. 24, 2012 Katy Grimes: Be sure to always watch both hands of California lawmakers, because as the right hand is patting your back, the left is picking your pocket. Earlier this morning I wrote that lawmakers in the state Senate
Read MoreTaxing 60 years ahead for jobs now
Aug. 23, 2012 By Katy Grimes When the government tries to create jobs, taxpayers beware. Government-created jobs are always more expensive, paid for with special taxes and bonds, and often for projects that are unnecessary, overblown, and could have been
Read MoreLegislators pass bill to regulate BB guns
Aug. 22, 2012 By Katy Grimes “They’ll have to pry my BB gun from my cold, dead arms,” one commenter wrote on the legislative web page for AB 2333. The bill, by Assemblyman Jose Solorio, D-Anaheim, will require parents to
Read MoreAttack on corporations fails in Assembly
Aug. 22, 2012 By Katy Grimes It’s rare that a bad bill fails to pass one or the other houses in the California Legislature. However, Tuesday a bill failed which would have required private sector, publicly traded corporations to file
Read MoreWhy isn’t California a tax haven?
Aug. 22, 2012 By John Seiler The Obama campaign is running an ad attacking tax havens, including Switzerland, Luxembourg, the Cayman Islands and Ireland, for taking Mitt Romney’s money. Although I’m not a Romney fan, I don’t care where he puts
Read MoreNew Wells Fargo report bullish on state economy
Aug. 22, 2012 By Joseph Perkins A new report by Wells Fargo Securities Economics Group declares that “California’s economic recovery has gained considerable momentum over the past year.” It cites the decline in the state’s jobless rate, increase in sales
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