Posts From John Seiler
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John Seiler has been writing about California for 25 years. That includes 22 years as an editorial writer for the Orange County Register and two years for CalWatchDog.com, where he is managing editor. He attended the University of Michigan and graduated from Hillsdale College. He was a Russian linguist in U.S. Army military intelligence from 1978 to 1982. He was an editor and writer for Phillips Publishing Company from 1983 to 1986. He has written for Policy Review, Chronicles, LewRockwell.com, Flash Report and numerous other publications. His email: [email protected]
LA, CA still avoiding pension reality
The ultimate pension reform is Detroit-style bankruptcy, with retirees getting less than what they are owed by contract. As the NY Times reported on July 22: “DETROIT — Coming to terms with what came to be seen as inevitable, this
Read MoreVideo: Peter Schiff on economic collapse
Can American economic policies continue failing? Will California’s real estate always go up? Interviewed by CalWatchDog.com’s James Poulos, Peter Schiff says we have to admit we have a problem … and we all need a lot of economic rehab.
Read MoreSan Onofre decommissioning: $4.4 billion wasted
According to the U-T, the decommissioning of the San Onofre nuclear powerplant will cost $4.4 billion. The money, of course, will be paid by ratepayers. It is owned mainly by Southern California Edison and SGD&E. Even if stockholders are hit
Read MoreGov. 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
Read MoreMedian 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
Read MoreIn L.A., Obama attacks corporations
During his recent trip to Los Angeles, in which his motorcade blocked a pregnant woman’s path to the maternity ward, President Obama attacked U.S. corporations that flee the massively high taxes he imposes. The corporations merge with foreign corporations, thus paying the
Read MoreDavid Cay Johnston replies to my tax blog
Due to some technical problems, David Cay Johnston’s reply to my blog, “Tax increases boost jobs?,” was delayed two days till this morning. So I’m calling special attention to it here. Check it out and add replies if you wish.
Read MoreCA taxes have DROPPED $6 billion
Let me elaborate on something I mentioned in a blog yesterday: California taxes have dropped $6 billion in the last two years. That’s because Gov. Arnold Schwarzenegger’s record, $13 billion tax increase of 2009 expired and was replaced in 2012 by
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