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Weakest stock market rally ever
Despite stubbornly high unemployment, one supposed highlight of the Obama recovery is the booming stock market. Actually, it’s one of the weakest bull markets on record. Here’s a graph from Chart of the Day showing what has happened. As you
Read MoreTX oil production soars as CA drops
July 11, 2013 By John Seiler Energy production jobs are good, middle-class manufacturing jobs. Texas is reveling in the creation of such jobs. California is against them, favoring instead two kinds of jobs: high-tech jobs for those with IQs higher
Read MoreCA Sierra Club rips energy source that’s cut emissions: natural gas
July 8, 2013 By Chris Reed A visit to the California Sierra Club’s priorities page illustrates one of the funniest and most ironic public-policy developments of our time. The club’s top three priorities are getting California “Beyond Coal,” “Beyond Oil”
Read More1,000 cans of soda a day? Cancer may be least of your woes
July 6, 2013 By Chris Reed Greens’ conviction that human beings are the worst thing to ever happen to Gaia manifests itself in water-runoff rules that seek a return to water purity seen last in the days before European explorers
Read MoreCA journo fracking dissembler No. 1: Timm Herdt
June 27, 2013 By Chris Reed As I have noted many times in recent months, the Obama administration dismisses claims that hydraulic fracturing — the use of underground water cannons to free up oil and natural gas reserves — is
Read MoreAnother company splits anti-biz CA for TX
June 26, 2013 By John Seiler Despite the so-called California recovery, companies keep leaving: Daegis Inc., the Roseville-based electronic discovery and information-management firm, said today in its quarterly financial report that it will relocate its headquarters to Dallas. Tim Bacci,
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Californians: Take note of China’s rise
June 25, 2013 By John Seiler Back in 1978, California was surging on the new wave of brilliant capitalist computer companies, led by Apple Computer. China remained a poor communist backwater, just two years after the death of Chairman Mao
Read MoreCA jobless rate drops to 8.6 percent
June 24, 2013 By John Seiler The good news: California’s unemployment rate dropped to 8.6 percent in May. That’s the lowest since the 2008 Great Recession struck. The bad news: It’s still twice as high as it was in 2006,
Read MorePeter Schiff: economy about to collapse
June 20, 2013 By John Seiler Gov. Jerry Brown and the California Legislature have been congratulating themselves for passing a budget on time and with a surplus. It’ll likely be the last time they do so for a long time.
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