Posts Tagged ‘unions’
Thursday, March 24th, 2016
Time for another Texas vs. California update:
California’s underfunded pension debts put it $175.1 billion in the red. “More than 51 percent ($89.9 billion) of the negative $175.1 billion consists of unfunded, employee-related, long-term liabilities.” (Hat tip: Pension Tsunami.)
A initiative to hike California’s minimum wage to $15 an hour has made the ballot. Also known as the “Send as much business as possible to Texas” act.
Speaking of which, Texas’ unemployment rate fell to 4.5% in January.
Germany and Sweden have lower median incomes than Texas. Indeed, were Germany and Sweden to join the union, they would instantly be among the poorest states.
Big Government advocates in California are fighting to renew a “temporary tax” on all those millionaires earning $250,000 or more a year. “The extension measure is again supported by the California Teachers Association and Service Employees International Union.”
California traffic fines have turned into a huge tax on the poor. “California is filled with people who are one traffic ticket away from losing their means of independent transportation. They get a ticket for a busted taillight or a small-change moving violation. On paper, the fine is $100, but with surcharges, it adds up to a lot more.” Which is why they’re having an amnesty to pay a reduced rate on outstanding tickets. But there’s a catch: “The practice of throwing in extra sources of revenue is so ingrained in Sacramento that there is a $50 amnesty program fee.” (Hat tip: Instapundit.)
Fresno’s pension system “is the only public pension program in California – and one of only a few in the United States – that has a surplus instead of unfunded pension liabilities.” (Hat tip: Pension Tsunami.)
“When unfunded pension, medical and other liabilities are formally included on its balance sheet, the [Orange County] Fire Authority’s debts exceeded its assets by $169 million for the fiscal year that ended in June,” the Register’s OC Watchdog wrote. “That’s a plunge of more than 680 percent in its ‘net position,’ or more than $420 million, over a single year.” (Hat tip: Pension Tsunami.)
California has a problem cutting pensions even when they’re going to convicted felons. (Hat tip: Pension Tsunami.)
Assisted suicide becomes legal in California June 9.
How long will California continue to consider itself part of the United States? (Hat tip: Ed Driscoll at Instapundit.)
Over 200 BART employees earned over $200,000 a year in total compensation.
California’s already long-delayed and already over-budget high speed rail fantasy is planning to put much of the initial segment underground due to community and environmental concerns. Problem: Digging those tunnels will probably cost $1 billion a mile.
California short-hauler Total Transportation Services Inc. files for bankruptcy.
“The parent company of Carl’s Jr., founded in Anaheim 60 years ago, is relocating its California headquarters to Nashville, Tenn.”
Kohl’s is closing nine stores in California, out of 18 total closing nationwide (none in Texas).
On the other hand, Sports Authority is closing slightly more stores in Texas (24) than California (19). Meh. I liked the stores more when they were Oshman’s…
California’s Quantum Fuel Systems Technologies Worldwide Inc., which manufactures and sells fuel systems and storage tanks for vehicles fitted for compressed natural gas, filed for bankruptcy. The fact the company has already gone through two reverse splits suggests long-running troubles…
Of course, being in Texas won’t prevent some municipalities of spending like they’re in California: San Antonio to spend almost $100,000 on a toilet.
Likewise, Houston’s credit rating been downgraded by both Moody’s and Standard & Poor’s due to “the city’s large unfunded pension liability.” Maybe former Houston Mayor Annise Parker should have spent more time on trimming expenses and fixing crummy surface streets than suing churches and tranny bathrooms…
Tags:California, Democrats, Fresno, high speed rail, Houston, Kohl's, Orange County, pension crisis, Quantum Fuel Systems, San Antonio, Sports Authority, Texas, unions, Welfare State
Posted in Democrats, Texas, unions, Welfare State | No Comments »
Thursday, February 25th, 2016
Been too long since I did a Texas vs. California roundup, so here it is:
Dark Age California:
There are large areas of Central California that resemble life in rural Mexico. Within a radius of five miles I can go to stores and restaurants where English is rarely spoken and there is no racial or cultural diversity—a far cry from Jeb Bush’s notion of an “act of love” landscape.
With unemployment at 10% or more in the interior of the state, with the public schools near the bottom in the nation, and with generous entitlements, it is no accident that one in six in the nation who receive public assistance now live in California, where about a fifth of the population lives below the poverty line.
One in four Californians also were not born in the United States; more than one in four who enter the hospital for any cause are found upon admittance to suffer from Type II diabetes. The unspoken responsibility of California state government is to bring state-sponsored parity to new arrivals from Oaxaca, and to do so in ideological fashion that ensures open borders and more government. It is the work of a sort of secular church, and questioning its premises is career-ending blasphemy.
“California has come a long way to dig itself out of budget deficits, but the state remains on shaky ground due to nearly $400 billion in unfunded liabilities and debt from public pensions, retiree health care and bonds.” More: “It’s California’s debt and liabilities that are concerning financial analysts, particularly the state’s rapidly growing unfunded retiree health care costs, which grew more than 80 percent over the past decade. California has promised $74 billion more in health and dental benefits to current and retired state workers than the state has put aside.” (Hat tip: CalWatchdog.)
And new accounting rules make those unfunded liabilities harder to ignore.
The problem might not be quite as bad as it is did not CalPERS and CalSTARS insist on politically correct investments. (Hat tip: Pension Tsunami.)
San Francisco political officials indicted:
A retired city employee and a former city commissioner who are at the center of bribery allegations involving Mayor Ed Lee were charged with multiple felonies including bribery and money laundering, San Francisco District Attorney George Gascon announced at a news conference Friday afternoon.
Also charged Friday was political consultant and former San Francisco Unified School District Board of Education President Keith Jackson, who pleaded guilty last year to racketeering charges.
The district attorney’s office charged recently retired Human Rights Commission employee Zula Jones, ex-HRC commissioner Nazly Mohajer and former political consultant Keith Jackson.
Remember that Zula Jones and Nazly Mohajer were fingered by Leeland Yee’s attorneys as being the go-betweens for bribing Lee. This brings up the question (yet again): Why hasn’t Lee himself been indicted?
And speaking of California government officials being indicted: “Retired Los Angeles County Sheriff Lee Baca pleaded guilty Wednesday to lying to federal investigators, a stunning reversal for the longtime law enforcement leader who for years insisted he played no role in the misconduct that tarnished his agency.” (Hat tip: Dwight.)
Jerry Brown vetoes kangaroo court minimums for college sexual assault cases.
“Brown pushed for the giant pension fund CalPERS to lower its assumed investment return from 7.5% to 6.5%. Given that the world is headed towards deflation and that CalPERS earned only 2.4% for the fiscal year ended June 30, 2015, Brown’s request seemed entirely reasonable. Instead, the board approved a staff proposal to move to the 6.5% target over 10 years.” (Hat tip: Pension Tsunami.)
CalPERS board President Rob Feckner, serving his twelfth term, casts deciding vote against proposal for term limits for board members. “Feckner was president of the California School Employees Association for four years and executive vice president of the California Labor Federation for five. Such a conflict of interest wouldn’t be tolerated with the president of other boards of directors. But with CalPERS, it’s par for the course.” (Hat tip: Pension Tsunami.)
San Diego voters: We want pension reform! Union-stacked Public Employment Relations Board (PERB): Get stuffed, peasants! Result: Lawsuit. (Hat tip: Pension Tsunami.)
The middle class is fleeing California. “In 2006, 38 percent of middle-class households in California used more than 30 percent of their income to cover rent. Today, that figure is over 53 percent.”
California tech industries continue their exodus to Texas:
The tech industry in the Bay Area has become a victim of its own success – and state policies. Like many other California businesses, tech firms are relocating or expanding operations in others states – particularly Texas – at an alarming rate.
Some companies spend significant amounts of time and money finding and training the right workers, only to see them poached by a flashy startup within a number of months. The need for a more stable workforce was one of the main reasons cloud-computing company LiveOps Cloud moved from Silicon Valley to a suburb of Austin, Texas, CEO Vasili Triant told the San Francisco Chronicle.
Other reasons to move or expand out-of-state are government-created: high taxes, burdensome regulations, unaffordable housing due to excessive development fees and restrictive land-use policies. California’s highly-educated workforce is not so unique anymore, and its quality of life has been tarnished by regulatory and affordability issues. Texas, by contrast, has no personal income tax and no corporate income tax (though it does have a less-onerous gross margins tax), and is universally hailed for having one of the friendliest business climates in the nation.
Google, Facebook, Apple, Dropbox, Oracle and nearly two dozen other Bay Area tech companies have all built or expanded facilities in Texas just since 2014, the Chronicle reported. There have been more than 1,500 publicly reported California “disinvestment events” across all industries over the past seven years, according to a November report from Spectrum Location Solutions, an Irvine-based business relocation consulting firm, although it estimated the actual tally at as high as 9,000. A California business “can save 20 percent to 32 percent of labor costs by relocating a facility out of state,” Spectrum president Joe Vranich told us last year.
More on the theme:
Between 1997 and 2000, during the peak of the dot-com boom, the Bay Area was a net importer of Texans: About 1,500 more households moved into the region from Texas than vice versa, bringing an additional $191 million (2015 dollars) in taxable income into the region, according to IRS data, which tracks the movement of taxpaying residents.
The trend changed in the early 2000s, and Texas has been a net importer of Bay Area households ever since. Between 2009 and 2012, as the recession was winding down and the second tech boom was revving up, the region lost about 1,430 households to Texas, and nearly $390 million in taxable income.
Snip.
I had a guy working for me (in the Bay Area) making $200,000 a year, struggling to pay his bills,” company CEO Triant said. “In lots of places in the country you’re living high on the hog on $200,000. … As far as work life balance and employee morale, we have absolutely seen a remarkable increase since moving here; it’s night and day.”
The firm still keeps a small Bay Area office, and Triant speaks fondly of his hometown of San Diego and California in general.
But when it comes to building a company and running a business, he has found a new home in Texas. “I want my employees to be able to have a good quality of life, live in a city with low crime rates, good schools,” he said. “And that’s what we’re doing here.”
“It’s no coincidence that Texas and Florida have thrived while New York and California have not. High levels of taxes, spending, and regulations make it more difficult for entrepreneurs to be successful. When entrepreneurs cannot expand their businesses and hire new workers, everyone is hurt, not just the rich.”
In the course of verifying a Rep. Joe Straus campaign ad, Polifact confirms that Texas has grown twice as fast as the rest of the country.
The University of California, Berkeley, is running a $150 million deficit this year. (Hat tip: Pension Tsunami.)
UC Academic Senate rejects task force’s proposed retirement benefits plan that, keeping with Jerry Brown’s modest pension reforms, would pay them a measly $117,020 pension benefit. (Hat tip: Pension Tsunami.)
“What’s more important: High-speed rail or water? Proponents of a proposed ballot measure would force voters to choose just that. The measure would redirect $8 billion in unsold high-speed rail bonds and $2.7 billion from the 2014 water bond to fund new water storage projects.”
Speaking of water restrictions, looks like Californians will get to enjoy them for another year.
Sure, Covered California (California’s ObamaCare) may be incompetent. But it’s also corrupt. The state auditor “criticized the exchange for not sufficiently justifying its decision to award a number of large contracts without subjecting the contractors to competitive bidding.”
California is releasing many felons as part of a “mass forgiveness” program. Including a murderer who tied up a husband and wife and beat them to death with a pipe.
California adds Aloe Vera to list of cancer-causing substances. “The problem is that the 800+ chemicals listed in Proposition 65 are not devised to protect consumers, but rather serve as a cash cow for private trial lawyers to sue small business and reap the hefty settlement payout. Since 1986, nearly 20,000 lawsuits have been filed, adding up to over half a billion dollars in settlement payments by business owners.” (Hat tip: Ed Driscoll at Instapundit.)
San Francisco’s planning process is designed for gridlock.
Bankrupt San Bernardino has reached a settlement with its firefighters union.
Heh. “The movement to emblazon state legislators with the logos of their donors has collected tens of thousands of signatures for its would-be ballot initiative.The measure, formally called the ‘Name All Sponsors California Accountability Reform (or NASCAR. Get it?) Initiative,’ would require all state legislators to wear the emblems or names of their 10 top donors every time they attend an official function.” The ballot initiative has already collected 40,000 signatures…
Huge soda pop collection is coming to the Dr Pepper museum in Waco.
Tags:Austin, Berkeley, California, CalPERs, CalSTARS, Crime, Democrats, Ed Lee, high speed rail, Keith Jackson, Lee Baca, LiveOps, Nazly Mohajer, pension crisis, Regulation, Rob Feckner, San Bernardino, San Diego, San Francisco, Social Justice Warriors, Texas, unions, Vance Ginn, Waco, waste, water, Welfare State, Zula Jones
Posted in Austin, Budget, Crime, Democrats, Regulation, Social Justice Warriors, Texas, unions, Waste and Fraud, Welfare State | 6 Comments »
Friday, February 19th, 2016
Tomorrow (Saturday, February 20) is the South Carolina Republican primary. (Democrats don’t vote in South Carolina until next Saturday, February 27). Current polls have Ted Cruz gaining on Donald Trump. (Hat tip: Conservatives 4 Ted Cruz.)
A small LinkSwarm going into the weekend:
Remember Hillary’s big lead in Nevada? As frequently happens to items owned by the elderly, she seems to have misplaced it.
Also, the AFL-CIO has decided not to open their bank vault of compulsory union dues to Hillary.
Ted Cruz’s already has a grassroots army on the ground in Texas.
Remembering Ted Cruz’s role in DC vs. Heller. (Bonus: Here’s the brief on Heller Cruz helped author.)
The most trusted states in the union have Republican governments, while the least trusted ones are run by Democrats. (Hat tip: Instapundit.)
Venezuela’s socialist government is so desperate they’re trying a few “too little too late” reforms, like “replacing a leftist sociologist who has denied existence of inflation” with a businessman and raising the price of subsidized gasoline. Problem is, since they’re socialists, gasoline is still heavily subsidized compared to market prices.
Charles Koch agrees with Bernie Sanders. Sort of…
China stops reporting cash outflows. Hmmm….
Rio de Janeiro to Olympic athletes: Suck it up and swim in the cesspool.
How to prep for a fire. And I’ve already downloaded one of those emergency radio apps for my iPhone.
Harper Lee, RIP.
Tags:2016 Election, 2016 Presidential Race, AFL-CIO, Bernie Sanders, Brazil, China, DC vs. Heller, Democrats, Elections, Guns, Hillary Clinton, LinkSwarm, Nevada, Olympics, Rio de Janeiro, South Carolina, Ted Cruz, Texas, unions
Posted in Democrats, Economics, Elections, Guns, Texas, unions | No Comments »
Friday, February 5th, 2016
Presidential elections, Islamic terrorism, gun rights, crooked locksmiths: Something for (almost) everyone in your Friday LinkSwarm:
So why did Hillary Clinton take $675,000 for three speeches to Goldman Sachs? “That’s what they offered.” I actually like the refreshing honesty about that answer, since we already know Granny Crooked McCankles is all about the benjamins. But Hillary saying she hadn’t decided to run for President yet when she took the money? That’s just pissing on our leg and calling it rain…
Why is the Republican establishment willing to consider one heresy to their worldview (subsidizing the working poor) but not another (actually enforcing immigration law and securing the borders)?
An inside look at Boko Haram.
According to Donald Trump, Ted Cruz gave us ObamaCare. By voting to confirm John Roberts. Before Cruz was even in the senate. Hey, why should Ted Cruz even bother to run for President if he’s capable of time travel?
Remembering the genocide Muslim Turkey committed against Christian Armenians.
The gun rights movement continues to win victories around the country:
To recap: Gun-control activists declared Virginia their proving ground and poured unbelievable amounts of money into a state-senate election; then they lost that election; then they bet big on executive actions instituting new gun control; they watched as those actions were not only reversed but gun rights were expanded.
If we take Virginia as the bellwether that the gun-control activists envisioned, then gun control is dead as a 2016 issue.
And according to this legal paper by Instapundit Glenn Reynolds, lower courts are scrutinizing even modest post-Heller gun rights restrictions.
West Virginia is on the brink of becoming a right-to-work state.
Who knew New Hampshire had such a serious drug problem? Or that they were the hardest-drinking state in the union? (Hat tip: Jim Geraghty via his Morning Jolt.)
Old and Busted: “The solution to misguided speech is more speech.” The New Hotness: “Your non-liberal speech is toxic. Goodbye comments!”
Debunking the “BernieBro” myth social justice warrior types are trying to gin up.
Rick Santorum stops pretending to run for President.
Male yahoo employee claims illegal sex discrimination in Yahoo CEO Marissa Mayer’s ranking system.
Feminists freak out over people daring to point out how just how unlikable Hillary Clinton is. Then again, when are feminists ever not freaking out?
How fake locksmiths are gaming Google maps to rip you off. It’s an eye-opening piece, and another reason you should join Angie’s List…
Tags:2016 Election, 2016 Presidential Race, Boko Haram, Border Controls, Crime, DC vs. Heller, Democrats, Donald Trump, genocide, Glenn Reynolds, gun control, Guns, Hillary Clinton, Instapundit, Jihad, Jim Geraghty, LinkSwarm, Media Watch, New Hampshire, Nigeria, ObamaCare, Republicans, Social Justice Warriors, Ted Cruz, Turkey, unions, Virginia, West Virginia
Posted in Border Control, Crime, Democrats, Foreign Policy, Guns, Jihad, Media Watch, ObamaCare, Republicans, Social Justice Warriors, unions | No Comments »
Tuesday, January 26th, 2016
While the rest of the country was tuned into The Trump Show playing before the Black Gate, Friedrichs vs. California, a plucky little court case with the power to unmake the Democratic Party, has finally reached Mount Doom.
In brief, public school teachers in California seek to invalidate state law requiring that non-union members must nevertheless pay the public teachers union fees for collective bargaining and related expenses. Those related expenses are fairly broad and include public relations campaigns on issues to be collectively bargained.
Snip.
Overturning existing law altogether is much more difficult under the related principles of stare decisis and deference to precedent. But that’s what the Friedrichs Plaintiffs are looking for, and if they succeed the new rule – banning compelled contributions to any public union activity at all – would apply to every public union in the United States.
Compelled union dues are heart and muscle of the Democratic Party, since unions dominate the top Democratic political donors list. As Scott Walker demonstrated, give workers the chance to keep their own money and they flee unions in droves.
According the Legal Insurrection, oral arguments have been going extremely badly for unions. “The teachers [the anti-union side] seem to have at least five votes and likely seven. Depending how the decision is written the Court could even reach a unanimous decision holding that compelled contributions to public unions are unconstitutional.”
Without the iron group of unions, not only is the Democratic Party critically weakened, but a host of previously difficult reforms (public pension reform, school choice) suddenly become possible.
And there’s likely nothing Sauron can do about it…
(Metaphor blatantly stolen from Walter Russell Mead.)
Tags:California, Friedrichs vs. California Teachers Association, Legal Insurrection, Supreme Court, unions, Walter Russell Mead
Posted in Democrats, Supreme Court, unions | No Comments »
Tuesday, January 19th, 2016
Been a while since I did a Texas vs. California update, due to Reasons, so here’s one:
Texas ranks as the third freest state in the union, behind New Hampshire and South Dakota. California ranks second to last, just ahead of Massachusetts.
Texas added 16,300 Jobs in November.
How’s this for heavy-handed symbolism? California’s legislature plans to close one of its doors to the public, but continue to allow access to lobbyists. Because you’ve always got to see your real boss when he comes around…
California’s unfunded liabilities for CalPERS and CalSTARS spiked by $24 billion is fiscal 2014/2015. (Hat tip: Pension Tsunami.)
The much ballyhooed pension reform plan won’t make it on the ballot this year. Supporters are now aiming for 2018. Who knows how broke California will be by then… (Hat tip: Pension Tsunami.)
That’s probably because the game is rigged against pension reform. (Hat tip: Pension Tsunami.)
Jerry Brown unveils a budget in California. The budget increases are relatively modest, by California standards, but $2 billion into the rainy day fund isn’t even remotely going to cover California’s huge unfunded pension gap, and most of the structural bloat in the budget remains.
More on the same theme:
While all the numbers are constantly in flux, in 2014-15, the California Public Employees’ Retirement System saw its status fall from 76.3 percent funded to 73.3 percent, likely due to the fact that investment returns fell far below expectations. The long-neglected California State Teachers’ Retirement System, as of June 30, 2014, was 69 percent funded. Combined, the systems report unfunded pension promises of more than $160 billion.
The current budget shows steep and consistent increases in state funding to the two systems. Whereas CalPERS is set to receive $4.3 billion in state contributions in the 2015-16 fiscal year, which ends June 30, it could receive $4.8 billion the following year. CalSTRS is to receive $1.9 billion this year and about $2.47 billion next year.
In comparison, CalPERS and CalSTRS received $3.1 billion and $1.26 billion, respectively, in 2011-2012.
While it is perfectly reasonable for costs to rise over time, the rate that costs have risen for the two giant pension funds is mainly a consequence of California trying to play catch-up for years of inadequate forecasting and planning, aggravated by investment losses. But because the pension systems are run for public employees – CalPERS’ board is full of former public employee union leaders – the necessary changes and adjustments have been made far too late to avoid calamity.
(Hat tip: Pension Tsunami.)
On the actual mechanics of pension reform, and the impossibility implementing them at the state level in California. (Hat tip: Pension Tsunami.)
Part 2, examining the possibility of reform at the local level. (Ditto.)
“California government, however, serves one purpose. It always reminds America what not to do.” Also:
California has given us three new truths about government.
One, the higher that taxes rise, the worse state services become.
Two, the worse a natural disaster hits, the more the state contributes to its havoc.
And three, the more existential the problem, the more the state ignores it.
California somehow has managed to have the fourth-highest gas taxes in the nation, yet its roads are rated 44th among the 50 states. Nearly 70 percent of California roads are considered to be in poor or mediocre condition by the state senate. In response, the state legislature naturally wants to raise gas taxes, with one proposal calling for an increase of 12 cents per gallon, which would give California the highest gas taxes in the nation.
Federal judge rejects San Bernardino’s bankruptcy proposal, saying it doesn’t contain enough information.
Sacramento continues to ignore the needs of rural residents. (Hat tip: Ed Driscoll at Instapundit.)
Half of California’s driver’s licenses are issued to illegal aliens.
After years at the top of the relocation list, Texas was only the 9th biggest relocation destination in 2015.
On the other hand, Texas was still the top destination according to Allied Van Lines.
But businesses continue to flee California:
In California, costs to run a business are higher than in other states and nations largely due to the states tax and regulatory policies and the business climate shows little chance of improving. It is understandable that from 2008 through 2015, at least 1,687 California disinvestment events occurred, a count that reflects only those that became public knowledge. Experts in site selection generally agree that at least five events fail to become public knowledge for every one that does. Thus it is reasonable to conclude that a minimum of 10,000 California disinvestment events have occurred during that period….For about 40 years California has been viewed as a state in which it is difficult to do business. Gov. Jerry Brown’s Administration’s less than candid approach regarding the business climate has misled the Legislature, the news media and the public about the flight of capital, facilities and jobs to other states and nations.
The study also shows that Texas had the most new facilities opening up in the nation in 2014, with 689. California, despite being the most populous state, tied for 12th with 170.
“85% of Marin County’s special district workers collected over $100,000.” Bonus: Their pensions are underfunded too. (Hat tip: Pension Tsunami.)
“Troubled California Wine Retailer Files for Bankruptcy. Premier Cru owes customers almost $70 million for wines it never delivered.”
This county-by-county breakdown of recession recovery is full of (very slow loading) data, and I haven’t come close to digesting it yet.
Tags:bankruptcy, California, CalPERs, CalSTARS, Democrats, Elections, Jerry Brown, Marin County, pension crisis, San Bernardino, Texas, unions, waste, Welfare State
Posted in Border Control, Democrats, Elections, Texas, unions, Waste and Fraud, Welfare State | 1 Comment »
Tuesday, January 5th, 2016
I hope everyone else has had a happier New Year than I, since my father passed away after a long battle with cancer Sunday.
On the plus side, I saw the new Star Wars and the Texans made the playoffs. Doesn’t quite balance out, though…
Remember: It’s OK to rape 13-year olds as long as you’re a well-connected Democratic Party donor. Remember, this is the case that had Bill Clinton taking the Lolita Express to Pedophile Island.
“Nobody needed criminal convictions to drop Cosby – just multiple accusations of sexual assault and some out-of-court payouts. But multiple accusations of sexual assault, out-of-court payouts and the loss of his law license are apparently not enough to bar Bill Clinton from another eight years in the White House.”
Hillary Cliton’s many conflicts of interest:
At Hillary Clinton’s confirmation hearing for secretary of state, she promised she would take “extraordinary steps…to avoid even the appearance of a conflict of interest.”
Later, more than two dozen companies and groups and one foreign government paid former President Bill Clinton a total of more than $8 million to give speeches around the time they also had matters before Mrs. Clinton’s State Department, according to a Wall Street Journal analysis.
Fifteen of them also donated a total of between $5 million and $15 million to the Bill, Hillary and Chelsea Clinton Foundation, the family’s charity, according to foundation disclosures.
Six things a Washington Post reporter found out following Ted Cruz around. “The majority of the undecided voters I have spoken with have said they were very impressed after hearing Cruz speak. Many of them said they were undecided coming into a rally and supported him when it was over.”
Obama to judicial branch: “Screw you, I’m going to give work permits to illegal aliens you’ve ordered deported.” (Hat tip: Ace of Spades HQ.)
“Unfortunately, 2016, the little of it that we have so far seen, is already beginning to look like another year of Grim Slide, of a world stumbling down a slippery slope to become less secure, less stable, and less free.”
People are forgetting what an awful festering hellhole the Soviet Union was.
Iran and Saudi Arabia have severed diplomatic relations over Saudi execution of a Shiite cleric, and Kuwait has recalled their ambassador from Tehran; don’t be surprised if the other Sunni nations follow suit. Good thing we have a Nobel Peace Prize winner in the White House…
Turkey’s Prime Minister: Hey, you know who was a model of effective leadership? Adolf Hitler.
Swiss General: Europe “On The Verge Of Civil War,” Citizens Must Arm Themselves.
Oslo police: “We Have Lost the City.”
It looks like Karachi, Basra, and Mogadishu all rolled into one. People sell drugs openly just next to the Gronland subway station.
It’s not Norway or Europe anymore, except when there is welfare money to be collected. The police have largely given up. Early in 2010 Aftenposten stated that there are sharia patrols in this area, and gay couples are assaulted and chased away.
Mass sexual assaults involving up to 1,000 Arab men on New Year’s Eve in Cologne.
“IRS Employee Whose Job Was Assisting Victims Of Identity Theft Charged In $1 Million Identity Theft Tax Fraud.” (Hat tip: Instapundit)
Rahm Emanuel’s failure in Chicago is emblematic of the blue model failure in America’s cities. “The city’s bloated pension obligations have already forced Emanuel to make severe education cuts. It will continue to force cuts in city services in various cities, making it harder and harder for mayors to govern, and increasing the antagonism among various constituencies.”
“Murder rates drop as concealed carry permits soar.” Plus this: “Between 2012 and 2014 the number of black permit holders increased from 10,389 to 17,594, according to the report.”
Mississippi Democratic City Councilman urges constituents to hurl rocks and bricks at the police.
Armed mother successfully defends home and children against three armed thugs. But gun-grabbers want to disarm her…
Bahamas resort project gives in to Chinese demands to secure more construction loans. Result: Bankruptcy.
Ben Carson’s campaign staff quits. There’s a reason president of the United States isn’t an entry-level job…
Former feminist now a pro-life activist who is disillusioned with feminism. (Hat tip: John C. Wright.)
Confessions of a social justice warrior white knight. “Their communities thrive on self loathing disguised as elitism…SJWs insist their goal is to make everyone equal, and for a long time I believed it, but their communities actually enforce factionalism and division.” (Hat tip: Ace of Spades HQ.)
Wendy Davis: Still digging.
Tags:2016 Election, 2016 Presidential Race, Bahamas, Ben Carson, Bill Clinton, Chicago, China, Cologne, Communism, Crime, Democrats, Elections, Europe, feminists, Foreign Policy, Germany, Guns, Hillary Clinton, Hitler, Iran, IRS, Islam, Jihad, Mississippi, Norway, Obama Scandals, pension crisis, Recep Tayyip Erdogan, Saudi Arabia, Social Justice Warriors, Soviet Union, Ted Cruz, Texas, Turkey, unions, Wendy Davis
Posted in Border Control, Communism, Crime, Democrats, Elections, Foreign Policy, Guns, Jihad, Obama Scandals, Republicans, Social Justice Warriors, unions | No Comments »
Monday, December 7th, 2015
Finally, some news from California that doesn’t involve radical islamic jihadis killing innocent people…
California lost 9,000 business HQs and expansions, mostly to Texas, 7-year study says. “It’s typical for companies leaving California to experience operating cost savings of 20 up to 35 percent.” (Hat tip: Pension Tsunami.)
Remember those “temporary taxes” that made California’s state income taxes the highest in the country? Well, to the all-devouring maw of a broke welfare state, no tax is temporary.
Los Angeles County: center of American poverty:
The Census Bureau’s 2012 decision to begin releasing an alternative measure of poverty that included cost of living has appeared to have far-reaching effects in California as politicians, community leaders and residents react to the new measure’s depiction of the Golden State as the most impoverished place in America.
The fact that about 23 percent of state residents are barely getting by has helped fuel the push for a much higher minimum wage and prompted renewed interest in affordable housing programs. It’s also put the focus on regional economic disparities, especially the fact that Silicon Valley and San Francisco are the primary engine of state prosperity.
While the tech boom and the vast increase in housing prices it has triggered in the Bay Area are national news, prompting think pieces and thoughtful analyses, the poverty picture in the state’s largest population center isn’t covered nearly as fully. Although the fact is plain in Census Bureau data, it’s not commonly understood that Los Angeles County is the capital of U.S. poverty. A 2013 study by the Public Policy Institute of California and the Stanford Center on Poverty and Inequality based on 2011 data found 27 percent of the county’s 10 million residents were impoverished, the highest figure in the state and the highest of any large metro area in the U.S.
Why California’s cities are in trouble: “The problems here, as the bankruptcies of San Bernardino and other cities have shown, are mismanagement and high costs incurred as a result of the state’s public-employee unions.” (Hat tip: Pension Tsunami.)
How CalPERS created a ticking time bomb. (Hat tip: Pension Tsunami.)
CalPERS also paid $3.4 billion in private equity firm fees since 1990, despite returns that were not that great. (Hat tip: Pension Tsunami.)
And CalPERS also has a huge problem with self-dealing and conflicts of interest. (Hat tip: Pension Tsunami.)
Texas’ largest employer is Wal-Mart. California’s largest employer is the University of California system.
But I doubt Wal-Mart has 35,065 employees who make more than $100,000 a year…
What good is California’s open meetings law if officials still feel free to ignore it? “Six decades after Brown Act passage, elected leaders still hold illegal meetings.” (Note: The Brown Act is named after Assemblyman Ralph M. Brown, D-Modesto, not either Jerry Brown.) (Hat tip: Pension Tsunami.)
Though Texas is doing much better at fiscal restraint than California, TPPF notes that Texas’ could still use additional spending restraint:
“Though Texas legislators did an excellent job by holding the total budget below population growth plus inflation during the last session, the state’s weak spending limit remains a primary cause of excessive budget growth during the last decade,” said Heflin. “Legislators can strengthen the limit by capping the total budget, basing the growth on the lowest of three metrics, and requiring a supermajority vote to exceed it. These reforms would have helped keep more money in Texans pockets where it belongs.”
“All segments of Texas housing market show strong gains in 2015.”
Mojave solar project operator files for bankruptcy.
“Fresh off of a major expansion, iconic San Francisco craft brewery Magnolia Brewing Co. filed voluntarily for Chapter 11 bankruptcy.” So a brewery that opened in 1997 is “iconic”?
“Fuhu Holdings Inc, a maker of kid-friendly computer tablets, has filed for Chapter 11 bankruptcy protection, according to a court filing on Monday.” Eh, included for completeness. That sounds like a bad business model for a startup no matter what state it was in…
Fresno Democratic assemblyman resigns to make more money in the private sector. Evidently a year to wait until his term expires was just too long to avoid climbing aboard the revolving door gravy train…
Tags:bankruptcy, California, CalPERs, Democrats, Fresno, Los Angeles, pension crisis, San Francisco, Texas, unions, waste, Welfare State
Posted in Democrats, Texas, unions, Waste and Fraud, Welfare State | No Comments »
Wednesday, October 14th, 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.)
Tags:California, CalPERs, Democrats, Guns, Haggen, Orange County, Republicans, San Francisco, Stockton, Texas, unions, Welfare State
Posted in Democrats, Guns, Republicans, Texas, unions, Waste and Fraud, Welfare State | No Comments »
Thursday, October 1st, 2015
Ah, that October chill…is not evident yet here in Austin. It’s supposed to hit 94° today.
Time for another Texas vs. California roundup:
The joys of working in Los Angeles: a $30,000 tax bill on $500 worth of freelance income.
California nears passage of another trial lawyer full employment act.
Texas had five of the ten fastest growing metropolitan areas in 2014. Austin isn’t on this list, but Midland and San Angelo are numbers one and two. (San Jose, California’s lone entry, checks in at eight.)
72% of Californians polled thinks the state has a pension crisis. Too bad this thinking doesn’t seem to influence their voting patterns yet… (Hat tip: Pension Tsunami.)
And yet a new bill would exempt some new hires from paying their fair share of pension costs. (Hat tip: Pension Tsunami.)
New pension accounting rules are about to show that a lot more California municipalities are insolvent.
“Instead of building freeways, expanding ports, restoring bridges and aqueducts, and constructing dams, desalination plants, and power stations, California’s taxpayers are pouring tens of billions each year into public sector pension funds.” (Hat tip: Pension Tsunami.)
Stockton’s bankruptcy didn’t solve it’s pension crisis.
Texas had a net gain of 103,465 people in 2014, the largest number of which came from California.
San Francisco wants to keep housing affordable…by restricting supply. Looks like somebody failed Economics 101…
Pension reform initiative to be refiled?
Unions are trying to undo San Diego’s voter-approved pension reforms. Because of course they are.
“Texas is like Australia with the handbrake off. There is no individual income tax and no corporate income tax, which explains the state’s rapid economic and population growth. A recent downturn has sparked some concern, however. Apparently Texas will only create another 150,000 jobs during 2015 – about the same number as Australia, from a population only a few million larger. In a good year, that number of jobs is easily generated by a single Texan city.” Also: IowaHawk’s illegal human organ trafficking!
Texas ranks 13th in budget transparency. California? Dead last.
Even some California Democrats balked at increasing the state’s already high gas prices.
As part of the bankruptcy of northwest supermarket chain Haggen (which bought a bunch of Albertson’s stores just six months ago), they’ll be closing all their California stores. And if you guessed that Haggen is unionized, you would be correct.
Jerry Brown revives the state’s redevelopment agency…and its potential for eminent domain abuse.
Reminder: Texas is enormous.
A scourge spreads out upon California. Crack gangs? Illegal aliens? Try “short term rentals.”
Historical note: 105 years ago today, three union guys bombed the Los Angeles Times, killing 21 people.
Tags:Albertson's, Australia, California, Crime, Democrats, Haggen, Jerry Brown, Los Angeles, Midland, pension crisis, San Angelo, San Jose, Stockton, Texas, unions, Welfare State
Posted in Crime, Democrats, Regulation, Uncategorized, unions, Waste and Fraud, Welfare State | No Comments »