Posts Tagged ‘California’
Here’s your first Texas vs. California update of 2015:
This is all the result of the regents’ irresponsible oversight. In 1990, UCRP had 137 percent of the assets it needed to meet its obligations, so regents suspended employer and employee contributions to the pension fund. State legislators also stopped allocating money to UCRP. This “pension contribution holiday” lasted 20 years. To top it off, during this period, university officials boosted pension benefits a half-dozen times. By 2012, more than 2,100 UC retirees were each collecting six-figure pensions for life.
(Hat tip: Pension Tsunami.)
— HeisenbergHattie (@HBergHattie) January 4, 2015
Time for another Texas vs. California update:
It’s another Texas vs. California update!
In recent years, daily examples of faithful public service inside the Newport Beach Police Department (NBPD) have been overshadowed by alarming corruption. City officials ignore or downplay the misconduct, but NBPD bosses turned the agency into a darker, stupider version of Animal House. Court records and internal documents show the city’s boys in blue have accepted gratuities in exchange for favors, gotten frat-boy drunk at work, lied under oath, passed out confidential information to pals, encouraged oral sex from female job applicants, committed wild adultery on duty, doctored official reports, hurled feces, dished out horrific domestic violence against wives and girlfriends, engaged in intoxicated bar fights, issued criminal threats, vandalized property, converted powerful agency spy equipment to personal use, and rigged promotion systems to ensure mostly see-no-evil, management-loyal employees rise–and let the hijinks continue.
Plus open war against whistle-blowers.
Finally, in case you missed it a few days ago, three Texas budget links from the Texas Public Policy Foundation:
Who knows how many people will read this in the rush of Thanksgiving travel:
— Soquel by the Creek (@SoquelCreek) October 27, 2014
— Chuck DeVore (@chuckdevore) October 27, 2014
— Jack Dean (@PensionTsunami) November 24, 2014
With all this election news popping up, this may be the last Texas cs. California roundup until after November 4:
Via Dwight comes word that alternative weekly the San Francisco Bay Guardian has ceased publication. Alternative weeklies used to have a market niche as carrier mediums of left-wing opinion, music gig listings and porn ads. The Internet has taken over the music and porn listings, and the left-wing opinion market is glutted not only online, but with MSNBC, New York Times, CNN, NBC, CBS, Washington Post, NPR, etc.
But if you can’t make money with an alternative weekly in San Francisco, where can you? (And keep in mind that this was after they received a settlement from rival SF Weekly.)
(Flashback: “I missed the Bay Guardian’s coverage of their investor’s indictment on child prostitution charges.”)
Another Texas vs. California roundup:
Pension contributions for public-safety workers now amount to 41 percent of payroll. That would put the total cost of salary, health benefits, and pensions at about $120,000 annually for a fifth-year officer…The long saga of Stockton’s decline dramatizes the inefficiency and illogic of union-dominated, monopolistic, government-labor markets.
There’s lots of interesting information to be gleaned:
The 2014 Texas Relocation Report shows that Texas continues to be a national leader in relocation activity and a sought- after location for households moving out of state.
According to the report, Texas gained more out-of-state residents than any other state in 2013, with 584,034 people moving to Texas from out of state. A majority of these residents originated from California (66,318), followed by Florida (32,619), Oklahoma (29,169), Louisiana (29,042), and Illinois (28,900).
Texas ranked third in the nation for number of residents moving out of state in 2013 (409,977), coming in behind California (581,689) and Florida (423,995) and topping New York (401,440), and Illinois (304,674). Like with incoming residents, a majority of the residents who moved out of state moved to California (32,290), followed by Oklahoma (27,391), Florida (24,226), Colorado (23,490), and Louisiana (21,747).
Overall, Texas had a net gain of out-of-state residents in 2013, with 138,057 more people moving into Texas than Texas residents moving out of state in 2013.
So roughly twice as many people moved from California to Texas as vice versa.
Other nuggets from the report:
What does this mean politically? As Ace of Spades noted in their ginormous .PNG, conservative areas of the state are gaining population, while liberal strongholds are losing ground. The two largest liberal counties (Bexar and Travis) to gain population were outpaced by population growth in conservative Denton County alone.
Conclusion: Despite Democrats talking up demographic shifts, don’t expect Texas to turn blue anytime soon…