Texas vs. California Roundup for November 11, 2013

Time for another roundup of Texas vs. California:

  • California’s high tax, high regulation government, and its resultant high cost of living, has given the state the nation’s worst poverty rate. How’s that blue State model working out for you?
  • Fresno is completely broke. “Now the city doesn’t even have a day’s worth of cash in its general fund.”
  • Given the tough economy, CalPERS cuts back on staff bonuses. Ha, just kidding! They doubled them.
  • Desert Hot Springs is the next California city eyeing bankruptcy.
  • Stockton’s Lavish pensions contributed to it’s bankruptcy. But guess who doesn’t have to take a haircut?
  • The message Stockton’s bankruptcy has for other California cities is obvious: Just screw taxpayers.
  • Bankrupt San Bernardino throws the bums out. And the new team looks like they’re willing to take on CalPERS. A case of mixed messages.
  • Covered California, California’s ObamaCare agency, is hair plugs and fat camp.
  • There’s a magazine called Time that says that Texas is the nation’s future. (There’s a longter story, but I don’t feel compelled to obtain a login to read it.) I’m sure Texas has a much brighter future than Time
  • Your tears, Lakers fans! Let me taste them! (Missing from that piece: Dwight Howard will no longer give 10.3% of his income to the state of California, and Texas has no state income tax.)
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