Texas vs. California Update for October 14, 2015

Time for another Texas vs. California update:

  • Texas is the best state for small businesses.
  • Supreme Court to hold hearing on mandatory union dues in Friedrichs v. California Teachers Association.
  • “Transparent California, a watchdog website provided by the Nevada Policy Research Institute, revealed 19,728 former government retirees across California received monthly stipends of $8,333.34 or more — adding up to at least a $100,000 a year for each person.”
  • [Orange County] government workers receive an “average full-career pension of $81,372 for miscellaneous [employees], which includes all nonsafety retirees, and $99,366 for safety [mostly police and fire] retirees of all Orange County cities enrolled in CalPERS.”
  • Republicans manage to defeat California tax hikes.
  • California politicians excel at corruption and self-dealing. (Hat tip: Pension Tsunami.)
  • “If money and household wealth follow people, then Texas is doing better than any other state in nearly every way.”
  • San Francisco drives last existing gun store out of the city with burdensome regulations.
  • Judge strikes down law requiring landlords to pay up to $50,000 in relocation fees to evicted tenants.
  • Texas continues to earn the highest possible credit ratings.
  • New law mandates that CalPERS and CalSTARS must stop investing in coal. (Hat tip: Pension Tsunami.)
  • Stockton update: “After only one full budget year, the city has already broken three fundamental promises and is destined to return to insolvency within four years.”
  • Bankrupt supermarket chain Haggen has found buyers for some of its California stores.
  • This story is so strange I suspect it could only happen in California. (Playboy link, so it may be blocked at your place of work.) Despite the large number of guns. ($5 million for 1,200 guns? I call BS. That would mean each gun was slightly more expensive than the list price for a bolt-action Barrett .50 BMG sniper rifle. The photos mostly show pretty common hunting rifles.)
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