Tag "recession"
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Video: 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.
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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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How will Brown budget proposal address pensions, taxes, debt?
California's budget battles will begin on Friday when Gov. Jerry Brown releases his proposal for fiscal year 2014-15, which begins on July 1. The media and political buzz in the Capitol building is that the state has a surplus — and
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EDD employees nap, watch TV, surf net, while claims stack up
My three-part series about the Employment Development Department computer system upgrade has some in the agency wanting to unload. Apparently EDD officials’ explanation of the newly updated $100 million computer system “glitches,” and claims of understaffing, aren’t the whole story,
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ALRB’s Shiroma Backs AB 32
As part of CalWatchdog’s ongoing series reporting about the California’s Agricultural Labor Relations Board, it is interesting to note some of the political activities of ALRB Chairwoman Genevieve A. Shiroma, who has been politically active throughout her career. My interview with
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Elizabeth Emken: ‘It’s time to un-ring the Obamacare bell’
Note: This is the second in a series of profiles of the four major candidates for the crucial 7th Congressional District in California. The first, on Republican Igor Birman, is here. Elizabeth Emken says it is a good time to
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When Obamacare fails, what's next?
In March 2010, Congress passed the Affordable Care Act by a narrow margin, and without a single Republican vote. But even with three years to set up the health exchanges and support system, HealthCare.gov has been unavailable to those trying to sign
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SB4 green lights fracking despite enviro protest
Even with a Democratic supermajority, the California Legislature was unable to pass several bills this year to ban hydraulic fracking. All fracking bills died in committees, or were killed during the legislative process — except for one. Gov. Jerry Brown signed Senate Bill
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Gov. Jerry Brown forcing electric car market in CA
Gov. Jerry Brown must be in the market for a Chevy Volt, Nissan Leaf or Tesla electric car. There could be no other explanation for why he signed six bills this week to force a market for electric cars that
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Jim Rogers: big recession coming
As regular readers of this site know, I’ve long pointed out that recessions hit every 4-6 years. The last one began in Dec. 2007. That’s almost 6 years ago, so we’re due. Here’s a YouTube of famed investor Jim Rogers.
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