Posts Tagged ‘Trip Hawkins’
Thursday, October 9th, 2014
Another Texas vs. California roundup:
If Stockton bankruptcy judge’s ruling is upheld, a lot of California cities could actually start working for citizens again, rather than public employee unions.
There are plenty of lessons to be learned from Stockton’s bankruptcy. Too bad Stockton’s officials seem unwilling to learn them:
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.
But letting cities escape their crushing public sector union pension burdens doesn’t sit well with California’s looter class. Solution: propose eliminating Chapter 9 bankruptcy. (Hat tip: Pension Tsunami.)
According to the September labor report, California did manage to add 313,900 jobs between August 2013 and August 2014. But Texas added 395,200. (Hat tip: WILLisms Twitter feed.)
California legislature decides that students don’t need any of that stinking due process.
Hey, remember those “temporary” tax hikes Jerry Brown got voters to approve? Guess what?
California’s roads are among the worst in the country.
Someone should tell that to the city of Stanton, California, which reached for tax hikes rather than cutting the pay of unionized workers.
How San Jose reformed their finances using transparency. (Hat tip: Pension Tsunami.)
How California browbeat Toyota over closing a money-losing plant.
The California-based manufacturing facility of Colorado-based Boulder Electric Vehicle shuts down after receiving a $3 million grant from the California Energy Commission.
How California’s for-profit Thomas Jefferson Law School got itself into serious financial trouble through excessive dependence on loans (both the student type and the tax-exempt bond type).
Americans don’t want their state to secede so much as they want to kick California out of the union. (Hat tip: Karl Rehn of KRTraining.)
A look at PSAT participation rates in Texas. (Also via WILLisms.)
Californian Trip Hawkins, of EA, Apple and 3DO fame, filed for bankruptcy in 2011. This year, the 9th circuit ruled that a profligate life style (for certain values of “profligate”), does not, in fact, constitute a “willful” attempt to avoid bankruptcy. Mr. Hawkins seemed to be living well, but not necessarily living large…
California owner of Akron, Ohio mall abandoned since 2008 declares bankruptcy. And since it’s the Halloween season, and abandoned malls are wonderfully creepy places, here’s a pic:
Tags:Adandoned Malls, California, Democrats, San Jose, Stanton, Stockton, Texas, Thomas Jefferson Law School, Toyota, Trip Hawkins, unions, Welfare State
Posted in Democrats, Texas, unions, Waste and Fraud, Welfare State | 1 Comment »