Posts Tagged ‘unions’

Blogroll Addition: Pension Tsunami

Wednesday, October 15th, 2014

Since they linked to me yesterday, I’ve finally done what I’ve meant to do for a long time, namely get up off my ass and add Pension Tsunami to the Blogroll. They offer a great daily news roundup on the looming unionized public sector pension crisis that threatens to bankrupt cities and states across the country (especially California).

I’ve also added the new “California/Pensions/Unions/Etc.” link category and moved Kausfiles there as well.

Expect more additions to that blog category Real Soon Now.

LinkSwarm for October 10, 2014

Friday, October 10th, 2014

Another Friday, another LinkSwarm. I think i may have to stop watch Houston Texans games for the sake of my health…

  • The American MSM may be reluctant to tell the truth about Obama’s many manifest failures, but UK’s Telegraph isn’t.
  • Most Americans see Obama as a failure.
  • I’m shocked, shocked to discover that the IRS is auditing the producer of an anti-ObamaCare movie.
  • One in five Americans will have medical bills in collections this year. Thanks, ObamaCare!
  • How do you know your foreign policy sucks? When even Jimmy Carter is dissing it. And he’s right!
  • Even Piers Morgan calls Obama’s governance as marked by “lethargy and complacency.”
  • Why Harry Reid is attacking Koch: Big money Democratic donors will spend more in North Carolina, Colorado and Iowa than all RNC spending across the country combined.
  • Democrats 2014 = Republicans 2006.
  • Democrats pull out all the stops to save Kay Hagen’s North Carolina senate seat. If she wins, I’m sure her family will appreciate the opportunity for more graft in the coming years…
  • Michael Barone says that trends, with so many Democratic incumbents still polling below 45%, indicate the Harry Reid-controlled Senate is still toast. “Rewind back five years: The Obama Democrats expected their major policies to be popular. They expected that most voters would be grateful for the stimulus package, for Obamacare, for raising the tax rate on high earners. They aren’t.”
  • Obama slams billionaires while attending while attending fundraiser at the home of billionaire Rich Richman. Yes, that’s his real name. If I put that in a novel, editors would reject the symbolism as too heavy-handed…
  • Kentucky Democratic Senate candidate Alison Grimes won’t even admit to voting for Obama.
  • While the New York Times has gotten around to talking abut American children dying from Enterovirus D68, they’re still refusing to talk about how Obama’s illegal alien influx might have helped bring it here. (Hat tip: Instapundit.)
  • Michael Totten reports from SE Asia: “Sweden is more socialist than Vietnam.” Except for the stupid propaganda loudspeakers…
  • Philadelphia’s deeply indebted public school system actually cancels it’s contract with the teacher’s union. “The move, in which the Philadelphia School Reform Commission invokes emergency powers, comes after the teachers’ union spent more than a year resisting concessions that the commission was seeking even though rising personnel costs have crippled the budget.” How crippling? “The schools’ budget projects spending $44,100 a year in benefits for every $68,700 in wages earned by the average teacher.”
  • NYC School therapist helps handicapped student launch successful Kickstarter. Reward? 30 day suspension.
  • John Kerry spent Wednesday consulting with allies on ISIS and Ebola. Ha, just kidding! He toured a wind turbine.
  • Islamic State supporters threaten to behead U.S. soldiers in Iraq. And by “soldiers” I mean “elementary school children” and by “Iraq” I mean “Rhode Island.”
  • Remember when Bill Clinton ginned up an “epidemic” over a dozen random church burnings? Boko Haram has torched 185.
  • Brett Easton Ellis on Generation Wuss.
  • Iranian professor jailed for associating with “known Zionists.” Like Noam Chomsky. To Islamists, not even an actual hatred of Israel is enough to remove the taint of your Jewishness…
  • “That’s 21st-century U.S. politics in miniature: a half-assed listicle penned by a half-bright celebrity and published by a gang of abortion profiteers.”
  • Top aide to Al Sharpton and boyfriend of top De Blasio adviser in trouble with the law? Inconceivable!
  • An inside view of feminist groupthink and #GamerGate from a former social justice warrior.
  • Random meme pic I made:

  • Random Twitter exchange with Michael Quinn Sullivan:

  • BattleSwarm extends best wishes for a speedy recovery to Borepatch, who wiped out on his motorcycle to the tune of “7 broken ribs, a broken collar bone, and a bruised lung.” Ouch…
  • Texas vs. California Roundup for October 9, 2014

    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:

  • Texas vs. California Update for September 17, 2014

    Wednesday, September 17th, 2014

    Time for another Texas vs. California roundup:

  • The Texas economy continues to hum along:

    During the second quarter, Texas employers added 148,200 net nonfarm jobs—an average of 49,400 per month. This amounts to an 18 percent share of all jobs created nationwide over this period in a state with only 8 percent of the country’s population and about 10 percent of total economic output. Over the last year, the addition of 382,200 net jobs in Texas was more new jobs than any other state. These employment gains increased the annual job growth rate to 3.4 percent, which is higher than those of the national average and other highly populated states.

  • The city of Los Angeles is at an impasse over police raises: the police union (naturally) wants raises, while the city says they can’t afford them. So what happens next? The issue goes before the Employee Relations Board, which just happens to be packed with union-approved appointees. In one-party Democratic cities and states, it’s always government together with unions against taxpayers. (Hat tip: Pension Tsunami.)
  • “The ugly reality is that so long as the boards of CalPERS and CalSTRS are controlled by public employee union loyalists, pension reforms enacted by state lawmakers and signed by governors will never live up to their billing.”
  • Jerry Brown lies about pension spiking.
  • Why San Antonio’s public-private partnerships are better at dealing with drought than Los Angeles.
  • A FAQ on Costa Mesa’s pension situation. Including answers to such questions as “How could the $228 million in unfunded pension liabilities affect the city budget?”
  • Watsonville, California passes a sales tax hike solely to pay for additional union pension payments.
  • A judge rules that bankrupt San Bernardino can cut firefighter pension benefits in order to exit bankruptcy.
  • A union-sponsored bill tries to increase liabilities for companies that hire contractors.
  • California is evidently cooking up a whole new batch of unconstitutional gun laws.
  • A look at phony baloney jobs numbers for California’s high speed rail boondoggle.
  • Firefly Space Systems is relocating from California to Burnet County, Texas. “King said Firefly was attracted to Texas partly because of its business and regulatory climate.” It doesn’t take a rocket scientist to figure out California offers a lousy climate for business. Or to put it another way: My days of underestimating California’s ability to improve its business climate are certainly coming to a middle…
  • Drone-maker Ashima is relocating to Reno, Nevada from California.
  • If you hadn’t heard, Tesla is building its battery factory in Nevada, not California.
  • An actual good law out of California: A law that prevents companies from suing customers for negative reviews.
  • North Carolina offered twice as much incentive money to Toyota but still lost out to Texas for relocating their HQ.
  • Your dedicated BART employee in action:

  • LinkSwarm for September 8, 2014

    Monday, September 8th, 2014

    A Monday LinKSwarm to kick off your week with:

  • Surprise, surprise, surprise: Obamacare discourages work.
  • Media: ObamaCare is fading as an issue. GOP strategists: LOL.
  • “Obama has overseen a shocking decline in America’s standing in the world. Everyone is mad at, or disappointed in, the United States.” As far as I can tell, Obama’s foreign policy is to do nothing until Americans are killed, and then to do nothing some more…
  • More on the theme:

    “Obama says what he has to say to make reporters stop asking about it.”

  • Rotherham: “The local government tolerated sexual violence on a vast scale. Why? In part, because the criminals who committed these sickening acts were Muslims from the local Pakistani community, and noticing their depravity was considered insensitive at best, racist at worst.”
  • Illegal alien “children” with gray hair enrolling in public schools since the Obama Administration won’t let school districts check their ages.
  • After more than five years of Obama, the Los Angeles Times asks “Is economic stagnation the new normal?”
  • Obama starts the latest poker round by showing Putin his hole cards.
  • Iran bans women from many university courses. Now remind me what this whole “war on women” is about again…
  • Interview with the woman who runs the only Arabic language magazine of sex and erotica. Good luck with that…
  • Thanks to The Magic Power of Socialism, Venezuela is now importing oil.
  • Hey, remember when Bush attended three fundraisers and a wedding during the middle of the invasion of Iraq? Me neither.
  • “However stupid the creation of the euro was, undoing it will not be easy.”
  • UC Berkley wants to make sure “we can only exercise our right to free speech insofar as we feel safe and respected in doing so.” “And by ‘contentious’ speech, we mean ‘non-liberal’ speech. Or, as we like to refer to them, ‘hate crimes.’”
  • Military rifles, armor, and ammo sent to numerous Texas school districts. If anyone knows why Texarkana ISD needs a SWAT team, I’m all ears…
  • In a shocking and unexpected development, I actually agree with Keith Olbermann about something. Namely the idea that it was amazingly stupid for the Huffington Post to hire Donte “9/11 Truther” Stallworth to be a “National Security Fellow.”
  • This weekend there were numerous protests to wage fast food wages. What’s behind them? $3 million in union money.
  • Huffingotn Post fooled by scam story. Clip this headline out and save it and I’m sure you’ll be able to make use of it in the years to come…
  • Mandy Nagy, AKA “Liberty Chick,” is recovering from surgery following a stroke.
  • A little fun via the #ExplainAFilmPlotBadly tag:

  • Texas vs. California Update for August 25, 2014

    Monday, August 25th, 2014

    Another look at how Texas stacks up to the no-longer-so-Golden state:

  • Problem: Those lousy taxpayers get pension reform passed. Solution: CalPERS uses “99 categories of ‘special pay’” to go on a pension spiking orgy.
  • What are some of those 99 categories? “Clerks who type well. Cops who shoot straight. Librarians who are “assigned to provide direction or resources to library patrons.” I’m too scared to check if “Teachers who don’t rape their students” is an actual category or not…
  • Governor Jerry Brown is sending mixed signals on the pension spiking issue.
  • Who actually owns the CalPERS gap between actual funding and what they’ll need to pay out? “CalPERS can be risky (and it has been) with no consequences. The taxpayers have all the responsibility, but none of the control.”
  • So how much payroll and pension did Stockton trim in their bankruptcy? Zero.
  • There is no California comeback. “Personal income-tax revenues fell by 11 percent in the first quarter of this year and more than 6 percent through June.”
  • California cities are among the slowest to recover from the recession.
  • The only way California can get pensions under control is through a constitutional amendment.
  • Los Angeles Department of Water and Power is asking for more money. They’re also asking Angelinos to overlook their high salaries and lack of accountability.

    City leaders are battling with DWP’s union, the International Brotherhood of Electrical Workers Local 18, to release financial records of a nonprofit trust, run jointly by labor- and management-appointed trustees, that has run through $40 million in ratepayer money. Brian D’Arcy, IBEW Local 18’s business manager, has refused to turn over the trust’s financial records, and DWP executives have said they don’t know how the money was spent.

  • California voters get to weigh in on a 7.5 billion water bill in November, which seems to have considerably less pork than a previously delayed $11 billion bill.
  • So how does bankrupt San Bernardino plan to climb into the black? Cutting back on outrageous pensions? Ha, you must be high! “Help us, weed, you’re our only hope!”
  • I know this is a shock, but California’s High Speed Rail Authority is behind schedule on buying land for it’s doomed boondoggle.
  • Los Angeles City Councilman Paul Koretz opposes ride share programs like Uber and Lyft. Strangely enough, he’s also received $11,000 in campaign contributions from the taxi industry. Quid pro, meet quo.
  • YTexas helps companies relocating to Texas connect with local businesses.
  • Texas vs. California Roundup for July 30, 2014

    Wednesday, July 30th, 2014

    Another Texas vs. California roundup:

  • How Los Angeles is killing itself. (Hat tip: Karl Rehn.)
  • Texas places five cities on list of top 10 growing cities: Austin, Dallas, McAllen, Houston and San Antonio.

  • California school officials are still grossly overpaid. Including 31 janitors who make more than $100,000 each. (Hat tip (for this and a few more): Pension Tsunami.)
  • And many of these munificently compensated employees are double-dipping: “More than 1,000 retired instructors who had already begun receiving their state-funded pension continued to work and receive a salary from districts in 2013.”
  • Only in California could a bill that requires 32 years to catch up and fund parts of the California State Teachers’ Retirement System’s current $74 billion in unfunded liability be hailed as a major reform.”
  • Essential school services in California are about to be cut to pay for doubled pension payments.
  • San Francisco landlords are suing the city over a law that requires them to pay as much as two years rent for evicted tenants. Of course, many landlords were evicting people because insane rent control laws make it almost impossible to sell a building that actually has tenants…
  • How the Texas model supports job creation.
  • Evidently male students simply aren’t welcome in California colleges. (Hat tip: Instapundit.)
  • Actual headline: “LA Councilman Convicted Of Voter Fraud Will Continue To Collect $116K Annual Pension.”
  • What a conservative Texas budget should look like.
  • California retail apparel chain Love Culture files for Chapter 11 bankruptcy. Evidently summer bankruptcies for retail stories are very unusual, since this is the time they start stocking up for the holiday season.
  • Another California for-profit university chain shuts down.
  • Oakland Raiders to move to San Antonio?
  • Are inherited IRA’s exempt from bankruptcy hearings in California? It depends on which precedent the judge chooses to follow.
  • Not news: Houston ISD holds job fairs looking for teachers. News: In North Carolina.
  • Wendy Davis’ Terrible, Horrible, No Good, Very Bad Week

    Friday, July 18th, 2014

    This has not been Wendy Davis’ week.

    First Greg Abbott’s campaign announces that he has more than $35 million cash on hand. Since Abbott was already the prohibitive favorite, hearing that he’s shattered Texas gubernatorial fundraising records wasn’t exactly a ray of sunshine for Team Wendy.

    Second, a Dallas Morning News headline proclaims that “Hollywood luminaries, labor and trial lawyers fuel Wendy Davis campaign.” Thus reminding everyone yet again that Davis is a liberal media darling whose fundraising occurs out of state because she’s far more popular in Hollywood than in Texas.

    Now even the Democrat-friendly Texas Tribune is debunking her fund-raising numbers:

    Instead of $13.1 million in cash on hand as claimed, the reports Davis and her allies filed show there was actually $12.8 million in the bank at the end of June, a difference of about $300,000.

    Meanwhile, the $11.2 million Davis claims she raised over the latest period — an amount she said was larger than the $11.1 million Abbott raised — contains over half a million dollars in non-cash “in-kind” donations and counts contributions that could benefit other Democratic candidates.

    One of the biggest sources of non-cash donations: a $250,000 in-kind contribution from country singing legend Willie Nelson. That’s how much the red-headed stranger told the campaign he would have charged for a free concert he gave at the senator’s Houston fundraiser, the campaign said.

    The lower-than-advertised cash figure and non-traditional accounting methods raise questions about how much money can be accurately attributed to Davis for the latest period.

    Also this:

    It was the cash-on-hand figure from Battleground Texas that came in lower than advertised. In the press release, the Davis campaign said Battleground would report $1.1 million in the bank. But Battleground told the Ethics Commission it only had $806,000 in the bank.

    That’s a double-dose of good news: The hopeless Davis campaign is sucking up money that might go to competitive races nationwide, and the well is running dry on Battleground Texas, which might conceivably be able to swing a few down-ballot races with better funding.

    And the general election is four months away…

    Texas vs. California Update for July 16, 2014

    Wednesday, July 16th, 2014

    Some other stuff bubbling up, so here’s a Texas vs. California update to tide you over for a while:

  • Former Calpers CEO Pleads Guilty to Corruption Conspiracy.
  • As part of his plea, Fred Buenrostro also agreed to testify to testify against his friend and former CalPERS board member Alfred Villalobos. Sing, canary, sing!
  • How CalPERs corrupts California politics.
  • Jobs are leaving California and coming to Texas.
  • Texas’ low-tax, low-regulation approach favors job creation.
  • How Texas compares to both California and New York.
  • Why California’s high speed rail boondoggle is still doomed.
  • Stockton’s bankruptcy judge may declare that CalPERS is just another creditor.
  • Bell City Councilman sentenced.
  • LinkSwarm for July 11, 2014

    Friday, July 11th, 2014

    More news from inside the handbasket, including the dust-up in Gaza and the illegal alien surge at the border:

  • Israel hits Gaza for a third day in retaliation for yet another round of rocket attacks. Is there really anything left to say about this that hasn’t been said before? Hamas is the elected government of Gaza, they fire rockets indiscriminately against Israeli civilians and fire them from their own civilian areas to maximize civilian damage at both ends, making them legitimate military targets under international law.
  • And speaking of rockets, Israel’s Iron Dome missile defense system racks up a 90% success rate. (Hat tip: Ace of Spades HQ, who adds “Suck It 1980s Lefties”.)
  • And Hamas might be receiving taxpayer money.
  • Also speaking of rockets, in Iraq ISIS seizes control of one of Saddam’s chemical weapons sites, filled with rockets full of nerve gas agents. You know, the ones liberals swore didn’t exist in 2004…
  • Food inflation costs overwhlem wage growth.
  • Get ready for the next round of ObamaCare rate shock.
  • Scabies outbreak at the border. Well, that’s just lovely. Thanks, Obama!
  • Even Democrats think Obama should visit the border.
  • Are veterans being turned away from appointments because treating illegal aliens takes precedence? Caveat: Twitter is not a source.
  • But the Obama Administration seems to be going to great lengths to prevent lawmakers from inspecting illegal alien holding facilities.
  • “We can medically treat non-citizens in a few days, maybe even hours, but not our own veterans.”
  • Planes full of illegal aliens landing in El Paso.
  • They’re even trying to house illegal aliens in Virginia.
  • The scale of the problem:

  • Important reminder: Not all Hispanic immigrants are in favor of unlimited illegal aliens coming to the country.
  • Greg Abbott criticizes Obama. “Whether it’s on the broken VA system, or our porous border, he is all talk and no action. He’s all hat and no cattle.”
  • Airlines reduce flights to Venezuela due to cash trapped in the country by currency controls. How’s that socialism working out for ya?
  • Hillary Clinton and Adultery. Then again, maybe Hillary is one of Ashley Madison’s fake profiles.
  • Hillary’s book drops off the Amazon 100 list. Evidently there are tens of millions of Democrats who found that not buying Hard Choices was, in fact, an easy choice…
  • Public employees union AFSCME severs ties with the United negro College Fund because they took money from the Koch brothers. So it’s more important to display their hate than to help black people go to college…
  • 50 colleges now charge more than $60,000 a year to attend, and Harvard, Yale and MIT are not among them. (Hat tip: Instapundit.)
  • Evidently former Merrill Lynch chairman Stan O’Neal wants this to disappear.