Texas vs. California: Dog Days of August Edition

It’s late August, and California’s slide toward insolvency continues apace.

  • How badly underwater is CalPERS? Try $884 billion.
  • Speaking of California unions, here’s how they’re trying to block reform.
  • California’s recovery is much slower than the already slow pace of the rest of the nation.
  • Things have gotten so bad that Moody’s is rexamining the outlook on all California cities.
  • What California should learn from Wisconsin.
  • CalTrans spends $22.5 million on unneeded home repairs, with a hefty side-helping of graft. (Hat tip: Dwight)
  • So what happened to all those Solyndra glass tubes? Can you say modern art?
  • Texas snags it’s lowest bond interest rate ever at 0.225%. That makes sense. Broke ass California getting a 0.43% rating doesn’t.
  • Texas has five of the ten fastest growing counties (including Williamson).
  • California’s “urban forest” offset scam.
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