Texas vs. California Update for February 11, 2014

Meant to put this up at lunch, but Stuff. And Things.

  • How California overprotects public employee union contracts. If the paper from Volokh the Younger is too heavy-sledding for non-lawyers, here’s a nice summary.
  • CalPERS is demographically doomed.
  • The people of San Bernardino vote all the bums out. “After Tuesday night, six of seven council members are now on record as saying they want to explore reducing San Bernardino’s pensions, along with [Carey] Davis, the new mayor, and a new city attorney, Gary Saenz.”
  • Another California city, Placentia, drifts toward bakruptcy. “Placentia has been papering over a structural $1.5 million deficit in its $30 million budget for at least five years, plugging the hole with lucky money (more soberly called ‘one-time revenues’).”
  • Stockton: Hey, we’re in bankruptcy! I guess that means we can just kill our shelter animals willy nilly. Federal judge: Not so fast.
  • Los Angeles firefighter compensation averages $218,000 an employee. (Hat tip: Pension Tsunami.).
  • Are even California’s Democratic legislators waking up to the problem?
  • California university workers plan a strike. See, no matter how broke you are, unions still want wage hikes…
  • Unions want to ensure that Bob Filner’s closest ally is elected Mayor of San Diego to keep their gravy train coming…
  • Union membership in California is down to 16.4% of the workforce.
  • Jerry Brown: Hey, Supreme Court, reverse that high speed rail decision! High Speed Rail Contractor: Thanks, Jer! Here’s $27,000.
  • Websense is relocating from San Diego to Austin. Dropbox is also moving additional jobs to Austin.
  • Charles Schuab is relocating jobs from San Francisco to Texas.
  • California industrial brush company relocates to Utah.
  • The Texas labor force keeps growing.
  • Tags: , , , , , , , , , , , , ,

    Leave a Reply