The Dallas police and fireman pension fund has halted withdrawals of money to stop a pension run in order to keep the system (temporarily) solvent. Texas municipal pension debt is a big story with a lot of different ramifications and angles, and I need to do some research before I post, hopefully sometime next week.
Working-class Americans have been mocked, maligned, and forgotten long enough. They are fed up and they went to the voting booth last week and said so.
This election’s “red state” vote had little to do with racism or any phobias. The message we heard last week was, rather, a clear and simple plea from the average blue-collar, small-town mother and father for Washington and other big-city elites to stop belittling, disparaging and vilifying them and their families. It was their way of telling the “know-it-alls”; the politicians and pundits, to stop flying over and driving past their gutted factories and dying towns and pretending they don’t exist and do not matter. They simply wanted the “smarter and more educated” city folks to know that they are tired of insults and that the condescension needs to stop. They voted for Trump because someone finally appeared to care and listen.
They voted for Trump because he seemed to get it. Finally, someone seemed to understand that the average guy: the plumber, the carpenter, the truck driver, the farmer — the good and decent family man from Dewey, Oklahoma, and from Hillsdale, Michigan — is the one who is now suffering from more cultural disrespect than perhaps anyone else in all the country.
They voted for Trump because they’re sick and tired of being laughed at. They voted for Trump because they have, frankly, “had it” with being labeled intolerable by those who claim to be tolerant. They voted for Trump because they think it’s deplorable that they are the ones being called “deplorables.”They voted for Trump because they can’t turn on the TV, listen to the radio or read the news without some highbrow elitist in the mainstream media calling them “low-information,” “uneducated white males” who are too dumb to know what’s best for them and too stupid to see that Washington knows best. They voted for Trump because all they want is to have a job, get some respect, pick up a paycheck, go to church, raise their kids and be left alone.
Kurt Schlichter: “The liberals are truly going nuts, and it’s beautiful.”
They recently resurrected Nancy Pelosi for another glorious term winnowing away the House Democrat caucus. Pretty soon it’s just going to be her and some guy representing Berkeley who they recruited while he was shouting “Workers of the world unite!” at bored coeds on Telegraph Avenue. You know, if you want to reach out to the kind of hard-working, salt-of-the-earth, normal Americans who voted for the black guy then allegedly refused to vote for the woman because they are racist, you totally want an ancient, rich, snooty, San Francisco leftist and Botox after-picture like the Nanster.
The only way you could further alienate these alienated voters is, I don’t know, making your DNC chairman some radical leftist, urban black Muslim who hates guns, loves Farrakhan and who parties with Middle Eastern scumbags who issue fatwas to kill those voters’ soldier sons and daughters. Now, that’s some real diversity, and the Dems should totally get right on it. But seriously, we could never dare to hope that the Democrats would be that stupid. Could we?
And I had to laugh at this, even a little guiltily:
Next up at bat is the hard-4 hedgehog that is anti-gun activist and alleged comedian Amy Schumer, another over-praised, over-hyped mediocrity who Tinseltown is trying to force down our throats like the fingers she clearly never forced down hers.
Speaking of liberals going nuts, this Washington Post piece about how Trump’s election stole one woman’s sexual desire is an exemplar of the “Middle Aged Feminist Talks About How She’s Very Upset With Politics While Narcissisticly Sharing The Tedious Minutia of Her Life” piece.
The rejection was apparent in the 2010 and subsequent House elections; Republicans have now won House majorities in ten of the last 12 elections, leaving 2006 and 2008 as temporary aberrations. You didn’t hear Hillary Clinton campaign on the glories of Obamacare or the Iran nuclear deal, and her attack on “Trumped-up, trickle-down economics” didn’t strike any chords in the modest-income Midwest.
Republican success has been even greater in governor and state legislature elections, to the point that Democrats hold governorships and legislative control only in California, Hawaii, Delaware and Rhode Island. After eight years of the Obama presidency, Democrats hold fewer elective offices than at any time since the 1920s.
Hey, maybe liberals should use persuasion rather than automatically label everyone who disagrees with them racist. (Hat tip: Will Shetterly.)
Clintonistas are still bitching about Bernie Sanders, saying his challenge to their beloved Queen fatally wounded her. You know, the way Trump having a dozen primary challengers kept him from becoming President.
Piers Morgan (I know) on how Donald Trump pwns the media. “Every time they throw their high-minded journalistic toys out of their strollers at one of his tweets, Trump wins.” (Hat Tip: Borepatch.)
Trump is blessed by having weak opponents: “How influential did the press expect to be? It ran against Trump in the election and lost. Why should anybody inclined to support the president-elect — roughly half the country, you may recall — pay attention now to a press that has said the usual rules don’t apply? Again, the more the opposition was cranked up, the less effective it became.”
Outgoing Vice President Joe Biden says he’s running for President in 2020. It’s not like he would have done worse than Hillary did this year…
With her poll ratings dropping, Angela Merkel suggests a burka ban. Such actions would be unnecessary if Merkel hadn’t brought the “refugee” crisis on in the first place.
Five Afghan “refugees” charged with raping a 15-year old boy in Sweden. Strangely enough, I don’t remember gay gang rapes of children in Sweden being in the news before the current wave of Islamic immigration…
Speaking of Afghan “refugees,” an EU official’s daughter was murdered by one.
When evaluating this unorthodox and, yes, risky move, one has to remember that it is China, not the United States, that has been rewriting the rules of engagement in the East and South China Sea. It is China that has been unilaterally asserting territorial claims against its neighbors, China asserting jurisdiction over international waters and air space, China failing to rein in the increasingly serious North Korean nuclear program. The power that is challenging the status quo in Asia is not the United States.
Italy’s PM: Hey, give me near absolute power, because that’s never backfired on Italy before! Italy: Get stuffed!
In related news, actress Paola Saulino, who promised blow jobs for those who voted against the referendum, says she’s making good on her promise. What? You want pictures of Paola Saulino? Well, if you insist:
And here are the dates for her “thank you” tour:
I get the feeling the adoring crowds will make Black Friday look tame by comparison… (Hat tip: Ace of Spades HQ.)
We all know that independent websites taking Hillary to task on her very real and very deplorable track record of being a compulsive liar is what was truly decisive. The mainstream media knows this, which is why they haven’t actually been focusing on censoring provably fake news sites, but rather have been promoting an agenda to lump any non-establishment perspectives within the umbrella of “fake news” in order to destroy their competition and regain an upper hand in the national narrative. If those of us who value independent media want to thwart this nefarious plan, we need to fully understand what these cretins are up to.
A DREAM Act 2.0 that addressed these problems — that prosecuted fraud, implemented enforcement, prevented downstream legal immigration, and focused much more narrowly on those who came very young — would possibly be something that even I, were I a congressman, might be able to vote for. But the lack of these elements is clear proof that the amnesty crowd isn’t interested in fixing the specific problem of a sympathetic but small group of people; rather, these young people are simply poster children who have been used for years to try to justify a general amnesty for all illegal aliens. And when the DREAM Act fails, as it will, Pedro Ramirez and his fellows will need to ask the pro-amnesty politicians and lobbying groups why they were sacrificed on the altar of “comprehensive immigration reform.”
Donald Trump ran for president on the slogan “Make America Great Again!” And he’s also promised to “drain the swamp” in Washington. But maybe the way to do that is to make Washington a little less great. Because as Washington has prospered over the last several decades — to the point where people are making Hunger Games comparisons — the rest of the country hasn’t done as well.
So perhaps it’s time for a role-reversal. I propose that over the next several years, we transfer a lot of federal employees out of the Washington, D.C. metropolitan area, to parts of the country that aren’t doing so well economically. This would provide a boost to places like Buffalo, New York, or Quincy, Illinois, or Fresno, California, while getting federal bureaucrats out of the D.C. bubble.
Delusional liberal in Time suggests that people not pay their taxes while Trump is president. So he wants to: A.) Starve the federal government of money, and B.) Put liberals in prison where they can’t vote. OK, but what’s the downside?
Supreme Court Justice Clarence Thomas issues a stay of execution for an Alabama inmate. “Lawyers for Smith argue that although the jury rendered a verdict of life without parole, the trial court overrode the jury’s verdict and sentenced Smith to death.” Hmmm…
There’s a new cybersecurity commission report out. Guess what? It’s crap!
“Black Workers’ Suit Accuses Job Agency of Favoring Hispanic Applicants.” Also: “He added that the staff of the MVP office in Cicero ‘was mainly Mexicans’ and that the employees were not welcoming toward African-American job seekers.” Also: “The vast majority of Hispanic job applicants served by MVP were in the United States illegally.” Note: The agency in question is not the Democratic Party, or the federal government… (Hat tip: Ann Althouse.)
Marxist vegan diner closes. “Ultimately, the restaurant’s popularity among social justice warriors proved unable to sustain its rickety business model.”
Here we are, a week after one of the biggest political upsets in American history, and the reverberations are still being felt. Democrats seem to be stuck in the anger and denial phases of the Kubler-Ross grieving cycle, and probably won’t get to bargaining until the 2017 legislative session opens with Republicans in charge of the White House, Senate, and House.
While liberals were losing their minds over Trump, India was losing its mind by banning all bills over $1.50. The idea is evidently to force Indians to accept a cashless society (in the name of “fighting corruption”), but it’s actually grinding India’s economy to a halt.
More on the Democratic Party wipeout: “Republicans are now in control of a record 67 (68 percent) of the 98 partisan state legislative chambers in the nation, more than twice the number (31) in which Democrats have a majority.”
Conservatives have a once in a lifetime opportunity at the state level. Including supermajorities in a number of states, a Democratic Party which has gerrymandered itself into oblivion, and almost enough states to call a constitutional convention.
Mark Steyn. “If you keep insisting that half your fellow citizens are haters, maybe you’re the hater.” Also this: “One third of the Democrats’ representation in the House now comes from just three states – New York, Massachusetts and California. That’s one reason why they’re calling for the abolition of the Electoral College.”
Trump to hold post-election tour rallies in swing states. 1. He’s closed the sale, and now he’s servicing the account. 2. You know Obama has to be kicking himself for not thinking of that.
More from the Democratic Party’s genius candidate selection process. “If you could choose any state in America where you might want to run a shemale candidate for the United States States, Utah probably wouldn’t be your first choice, nor anywhere in the top 40.”
Threaten to kill random white people after Trump’s election? Expect to spend some time in involuntary committal for a mental assessment. Even if you’re a university professor.
Rapper Kanye West says he would have voted for Trump…and will run for President in 2020. West is an idiot savant black nationalist car wreck married to Kim Kardashian, but after this year, would you really say he has no chance of being elected? (Hat tip: Stephen Green at Instapundit.)
I will say this for West: He knows where to steal his riffs:
How many piece of Gnostic symbolism can you spot in that video?
A Harris County jury on Tuesday awarded a Houston commercial cleaning firm $5.3 million in damages, finding that a labor union’s aggressive organizing campaign went too far when it maligned the reputation of the company. It opens the door for more employers to sue unions over hardball tactics often used in membership drives and contract disputes.
The jury, by a 10-2 vote, found for Professional Janitorial Service in a suit the company brought nine years ago against the Service Employees International Union, which targeted the company as part of its “Justice for Janitors” organizing campaign and wrongly claimed Professional Janitorial Service had violated wage, overtime and other labor laws.
The case was the first time that a jury has found against a union in a business defamation or disparagement case, according to a search of legal records by the company’s law firm, AZA of Houston.
“The jury found what PJS and its employees have known for more than a decade,” Brent Southwell, the company’s chief executive, said in a statement. “The SEIU is a corrupt organization that is rotten to its core.”
Snip.
The trial, which lasted four weeks, represented the first time the SEIU, which has nearly 2 million members nationwide, has had to defend its tactics in front to a jury. Other cases, including a federal racketeering lawsuit filed by the international food, maintenance and cleaning company Sodexo in 2011, were settled before they ever got before a jury.
One of the tactics many unions use to access potential members is “salting,” and the SEIU is no exception. Salting is the tactic of sending a union-affiliate to a targeted employer to apply for, and then accept a position working for the company. Since unions are often prohibited from contacting employees at work, salts do it for them.
Two of the salts used against PJS were Adriana Menchu and Eleanor Parada; both have been reoccurring figures during the SEIU trial.
The union used Menchu’s name in various campaigns, lawsuits, and fliers. In one flier she was quoted saying, “They don’t give us gloves or masks to clean. I know a woman who brings her own cleaning supplies from home just so she can protect her health.” Which PJS refuted with their longstanding policy prohibiting the use of any outside cleaning agents unless supplied by the company.
SEIU fliers claimed that PJS failed to pay Menchu for hours worked, but internal union emails contradicted that statement saying that PJS was trying to “buy” Menchu off by giving her a raise. More evidence that they knew the information they were releasing was false.
One press release read, “Mostly immigrant janitors were instructed to work ‘off-the-clock’ and had pay withheld by the city’s largest locally-based cleaning company, Professional Janitorial Service (PJS), according to a new lawsuit filed today.”
Never revealing that SEIU was the party behind the lawsuit, or that the union planted the “janitors” they were referring to.
Parada was another salt frequently used in lawsuits, and was quoted in an SEIU press release about the unfair labor practice suit they filed saying, “We work hard, but PJS thinks they can treat us however they want…That’s why PJS janitors are taking a stand today – so we can have some basic protections.”
It’s worth noting that until the SEIU came to Houston to unionize janitors PJS had never faced labor violation allegations, had not been investigated by the Department of Labor or National Labor Relations Board, and had not had unfair labor practice lawsuits filed against them. Also, out of the 20 ULPs the union filed against PJS, 19 were dismissed with the last being rectified by simply having the employer post safety signs in the workplace.
Then-Gov. Gray Davis and the Legislature had quietly, virtually without notice, decreed a massive, retroactive increase in state employee pension benefits, which was quickly emulated by hundreds of local governments.
At the time, CalPERS was ringing up big earnings from the 1990s’ bullish stock market — so big that it had reduced contributions from member governments to near zero. Public employee unions hankered for a share of the bounty and pressed for a benefit increase.
The CalPERS board, dominated by public employees and union-friendly politicians, sponsored the increase, Senate Bill 400, with assurances that it would cost taxpayers nothing. A state Senate analysis of the bill said CalPERS “believes they will be able to mitigate this cost increase through continued excess returns of the CalPERS trust.”
Years later, it emerged that the assurances reflected the most optimistic of several scenarios developed by the CalPERS staff. More pessimistic scenarios were kept secret — but they were the ones that came true. By the time Seeling delivered his dark appraisal in 2009, the state was being hammered by an ultra-severe recession, and the CalPERS trust fund was losing what turned out to be nearly $100 billion in value.
Seven years later, CalPERS and other pension funds still haven’t fully recovered, and they’re sharply raising mandatory “contributions” from state and local governments to cover the gaps left by meager investment earnings.
California is deluding itself if it thinks it’s “turned to corner” and is on the path for sustainable growth:
Between 2000 and 2015, Austin has increased its jobs by 50 percent, while Raleigh, Houston, San Antonio, Dallas, Nashville, Orlando, Charlotte, Phoenix and Salt Lake City – all in lower-tax, regulation-light states – have seen job growth of 24 percent or above. In contrast, since 2000, Los Angeles and San Francisco expanded jobs by barely 10 percent. San Jose, the home of Silicon Valley, has seen only a 6 percent expansion over that period.
Obviously this runs counter to the notion of California being business friendly, since the ratio of jobs to workers is lower here than in Texas and the rest of the United States, and sometimes a lot lower.
Snip.
Gov. Brown has achieved bragging rights by suggestions of a vaunted return to fiscal health. True, California’s short-term budgetary issues have been somewhat relieved, largely due to soaring capital gains from the tech and high-end real estate booms. But the state inevitably will face a soaring deficit as those booms slow down. Brown is already forecasting budget deficits as high as $4 billion by the time he leaves office in 2019. As a recent Mercatus Center study notes, California is among the states most deeply dependent on debt.
The state’s current budget surplus is entirely due to a temporary tax and booming asset markets. The top 1 percent of earners generates almost half of California’s income tax revenue, and accounts for 41 percent of the state’s general fund budget. These affluent people have incomes that are much more closely correlated to asset prices than economic activity, and asset prices are more volatile than economic activity generally. Brown’s own Department of Finance predicts that a recession of “average magnitude” would cut revenue by $55 billion.
More critically, the state continues to increase spending, particularly on pensions. Outlays have grown dramatically since the 2011-2012 fiscal year, averaging 7.8 percent growth per year through FY 2015-2016. Seeing the writing on the wall, the state’s labor leaders now want to extend the “temporary” income tax, imposed in 2012, until 2030. This might not do much to spark growth, particularly in a weaker economy.
During this recovery, California has made minimal effort to eliminate the state’s budget fragility. To use a recently popular term, this is gross negligence. It is, thus, no surprise that credit ratings agency Moody’s Investors Service ranked California second from the bottom in being able to withstand the next recession. Someday the bills will come due.
Note that across the entire decade the unemployment rate in California was consistently greater than that in the United States, averaging 1.5 percentage points greater overall and maxing out at 2.9 percentage points in January and February of 2011. Except for the first six months of 2006, the same story holds true for California and Texas, although the differences here are more pronounced: an average of 2.5 percentage points greater and a maximum difference of 4.2 percentage points at various points in 2009 and 2010. Also note how long double-digit unemployment persisted in California (43 months) during this decade compared to the United States (1 month) and Texas (0 months).
Also: “Texas outperformed California in 9 of the 10 years. And Texas had a CAGR of 3.1 percent, meaning its economy grew at more than twice the pace of California’s each year.” (Hat tip: Pension Tsunami.)
This is what Krugman and others really get wrong about the Texas miracle.
The state had its last major recession from 1986 to 1987, after oil prices collapsed and the real estate and financial sectors crashed. Back then, the mining sector, dominated by oil and gas activity, was directly related to about 21 percent of the real private economy and roughly 5 percent of the labor force. Today, mining is 15 percent of the real private economy and less than half of the labor force share. As a result, the combination of more economic diversification and pro-growth policies has produced a much more resilient economy. Texas in 2016 looks a lot different than Texas in 1987.
“A major impediment to economic growth and a factor chasing people and businesses away from California is the state’s high tax rates and poorly structured tax code. California levies the highest top marginal income tax rate in the nation at 13.3% and has the country’s 6th highest overall tax burden. Such a hostile tax climate has consequences. During the last decade, from 2000 to 2010, California had a net outmigration of over 1.2 million residents move to other states. Those former Californians took over $29 billion in income with them.”
Residents of San Diego, Newport Beach, Los Angeles, San Francisco, and many other cities and towns across California enjoy beautiful scenery and enviably pleasant weather year round; while folks in Dallas, San Antonio, Austin, and Houston ride out their hot and humid summers by staying indoors as much as possible. Yet Texas has been the number one recipient of California refugees. While the physical climates found in states that are the top recipients of California refugees don’t hold a candle to the Golden State’s, the business tax climates are far more hospitable.
California imposes the nation’s highest income tax, while Texas is one of nine states with no income tax. While Texas has the 10th best business tax climate in the nation, according to the non-partisan Tax Foundation, California has the country’s third worst. During the last decade, over 225,000 people moved from California to Texas, bringing over $4.4 billion in income with them to the Lone Star State. After Texas, Nevada is the number two recipient of ex-Californians. Like Texas, Nevada can’t compete with California’s natural beauty and climate, but the Silver State makes up for it by having no state income tax and the nation’s 5th best business tax climate.
California’s Democrat-dominated local governments are riddled with nepotism in their hiring practices. In San Diego, “Investigators uncovered an employee vetting process they allege was ‘abused’ — so that in a third of the cases reviewed, ‘friends and family members’ of city staff were hired ‘to the detriment of public job applicants.’” (Hat tip: Pension Tsunami.)
Liberal complains about how San Francisco’s progressive policies killed affordable housing. “Instead of forming a pro-growth coalition with business and labor, most of the San Francisco Left made an enduring alliance with home-owning NIMBYs. It became one of the peculiar features of San Francisco that exclusionary housing politics got labeled “progressive.” Do note this piece is from a year ago. (Hat tip: Instapundit.)
Speaking of San Francisco, three of the city’s supervisors have decided that he would like to take the goose that laid the golden egg (i.e., the city’s high tech employers), smother it with locally source rosemary, thyme and organic butter, and broil it at 450° in the form of a payroll tax for those companies that earn $1 million or more in gross receipts.
“In 2014 there were 142,417 housing starts in the city of Tokyo (population 13.3m, no empty land), more than the 83,657 housing permits issued in the state of California (population 38.7m).” (Hat tip: Instapundit.)
“Relocation of Highway 99 in Fresno, a key part of the bullet train project, is over budget, behind schedule and will cost millions of dollars more to complete.” (Hat tip: Cal Watchdog.)
“DAE Systems is relocating its headquarters to Catawba County and intends to create 46 new jobs and invest $6.8 million during the next three years, Gov. Pat McCrory’s office announced Monday. The California-based company, which is moving to Claremont, will receive a grant of up to $110,000 from the One North Carolina Fund that is dependent on the company meeting job-creation goals.”
Nothing says “adult oversight” quite like playing strip poker with teenage camp counselors. Take a bow, Stockton Mayor Anthony Silva! (Hat tip: Dwight, who also notes that Silva is a member of the criminal-ridden “Mayors Against illegal Guns.”)
Noted for the record: Mayor Silva comes up twice at the very top of Stockton real estate developer Dan Cort’s Facebook page. (Previously.)
Another day, another Democratic congresscritter indicted. “Corrine Brown, the House rep from the 5th District of Florida, was indicted (along with Ronnie Simmons, her chief of staff) on federal charges of mail and wire fraud.”
“California’s skyrocketing housing costs, taxes prompt exodus of residents.” “During the 12 months ending June 30, the number of people leaving California for another state exceeded by 61,100 the number who moved here from elsewhere in the U.S.” Plus this: “The majority of the people we are seeing are moving to states that don’t have state income taxes.” And this “My husband’s salary would be in the six figures, but six figures is not enough to cover the rent, day care (and) food prices.” (Hat tip: Pension Tsunami.)
“A survey of 45 cities in Riverside and San Bernardino counties shows the average full-time city worker received $127,730 in pay and benefits last year.” (Hat tip: Pension Tsunami.)
“Jacobs Engineering Group, one of the world’s largest engineering companies, is preparing to move employees from its Pasadena [CA] headquarters to Dallas, becoming the latest major corporation to relocate significant operations from California to Texas.”
“A California-based orthopedic goods manufacturer and distributor has decided to move its Ohio-based distribution hub to Dallas/Fort Worth International Airport, which will give the company a place to significantly expand operations and possibly relocate its West Coast headquarters. The company, Santa Paula, California-based Hely & Weber, has signed a lease totaling nearly 40,000 square feet of space at 755 Regent Blvd. in Dallas/Fort Worth International Airport.”
Marin County pension reformer launches GoFundMe campaign to sue the county over pension increases. Though his $198,000 request strikes me as excessively optimistic…
Once again, California leads the nation…in car thefts.
Which lead to this: “More than 71 percent of all recovered stolen cars in 2005 in Texas, New Mexico, Arizona, Nevada, and California were stolen by illegal aliens or by ‘transport coyotes,’ those who bring in illegals across the Mexican border.”
“Paul Tanaka, once one of the most powerful law enforcement officials in Los Angeles County, was sentenced Monday to five years in federal prison for interfering with an FBI investigation into jail abuses by sheriff’s deputies.” (Hat tip: Dwight.)
And the guy Oakland found to replace him? He lasted…five days.
Bay Area law enforcement agencies have lost 944 guns since 2010. Maybe that’s the “gun control” Democrats should be focusing on… (Hat tip: Stephen Green at Instapundit.)
You could count this Silicon Valley robot pizza technology startup as a win for California, but the subtext here as that many human California pizza workers will never work a day under that new $15 minimum wage…
“Why it’s called a ‘modern sporting rifle‘ and not an ‘assault weapon.'” (Hat tip: Instapundit, who notes “Remember, none of this is about saving lives. It’s about the cultural domination of the people in flyover country, by their coastal ‘betters’ who get a near-erotic thrill out of such domination, and who are reduced to blind rage whenever their efforts at domination fail.”)
Aside: Is the Washington Examiner paying Ashe Schow enough? She’s like some indefatigable writing machine…
“Right now the debate seems choked with people who don’t know, are proud of not knowing, and think you’re a redneck gun-nut asshole if you want them to know because they feel very strongly about this.” (Hat tip: Dwight.)
No charges for officer Brad Miller. He’s the one who shot the “unarmed teen” who had driving his Jeep through a plate glass window and was in the process of vandalizing cars.
And here’s a police shooting where the use of lethal force was clearly justified.
JFK and LSD. Meh. It’s not that I think Kennedy wouldn’t have dropped acid given a chance, but Timothy Leary was basically a con man, and we already know that Nina Burleigh is irrational.
Wow, believe it or not, still another reason to never visit Oklahoma. “I’m going to need your driver’s license and all the money on your prepaid debit cards.”
Your auditor finds huge cost discrepancies in Houston ISD construction costs. Does HISD: A.) Call in an outside auditor, B.) Launch a criminal investigation or C.) Suspend the auditor who found the problems?
As last week’s US Census Bureau population estimates indicated, the story of population growth between 2014 and 2015 was largely about Texas, as it has been for the decade starting 2010 (See: “Texas Keeps Getting Bigger” The New Metropolitan Area Estimates). The same is largely true with respect to population trends in the nation’s largest counties, with The Lone Star state dominating both in the population growth and domestic migration among 135 counties with more than 500,000 population.
Snip.
Houston, which is the fastest growing major metropolitan area (over 1 million population) in the nation includes the two fastest growing large counties. Fort Bend County added 4.29 percent to its population between 2014 and 2015 and now has 716,000 residents. Montgomery County grew 3.57 percent to 538,000. In addition to these two suburban Houston counties, Harris County, the core County ranked 16th in growth, adding 2.03 percent to its population and exceeding 4.5 million population.
Dallas-Fort Worth, the second fastest-growing major metropolitan area has two counties among the top 20. The third fastest-growing county is Denton (located north of Dallas-Fort Worth International Airport), which added 3.42 percent to its population over the past year and now has 781,000 residents. Collin County, to the north of Dallas County, grew 3.17 percent and now stands at 914,000 residents. Its current growth rate would put Collin County over 1 million population by the 2020 census.
Travis County, with its county seat of Austin, grew 2.22 percent to 1,177,000 and ranked 12th. Bexar County, centered on San Antonio grew 2.01 percent and ranks 17th.
Overall, Texas had four of the five fastest growing large counties, and seven of the top twenty. California had none. (Hat tip: Pension Tsunami.)
The California Policy Center has a devestating roundup of what’s wrong with California’s economy. To wit:
“A now has by far the nation’s highest state income tax rate. We are 34% higher than 2nd place Oregon, and a heck of a lot higher than all the rest”
“CA has the highest state sales tax rate in the nation. 7.5% (does not include local sales taxes).”
“California in 2015 ranked 14th highest in per capita property taxes (including commercial) – the only major tax where we are not in the worst ten states. But the 2014 average CA single-family residence (SFR) property tax is the 8th highest state in the nation. Indeed, the median CA homeowner property tax bill is 93% higher than the average for the other 49 states.”
“California has a nasty anti-small business $800 minimum corporate income tax, even if no profit is earned, and even for many nonprofits. Next highest state is Rhode Island at $500 (only for “C” corporations). 3rd is Delaware at $175. Most states are at zero.”
“California’s 2015 ‘business tax climate’ ranks 3rd worst in the nation – behind New York and anchor-clanker New Jersey. In addition, CA has a lock on the worst rank in the Small Business Tax Index – a whopping 8.3% worse than 2nd worst state.”
“The American Tort Reform Foundation in 2015 again ranks CA the ‘worst state judicial hellhole’ in U.S. – the most anti-business.”
“CA public school teachers the 3rd highest paid in the nation. CA students rank 48th in math achievement, 49th in reading.”
“California’s real poverty rate (the new census bureau standard adjusted for COL) is easily the worst in the nation at 23.4%. We are 57.3% higher than the average for the other 49 states.”
“Of 100 U.S. real estate markets, in 2013 CA contained by far the least affordable middle class housing market (San Francisco). PLUS the 2nd, 3rd, 5th, 6th and 7th.”
It’s like a whole bunch of Texas vs. California roundup statistics all in one big green ball of fail. Read the whole thing. (Hat tip: Pension Tsunami.)
“California’s 50% [minimum wage] increase would eliminate nearly 700,000 jobs—which means higher unemployment for the poor and least skilled in particular.”
CKE Restaurants CEO Andy Puzder told the Wall Street Journal in 2013, “California is not interested in having businesses grow.”
The article points out that many factors, including local building regulations, make one community less desirable than another for businesses.
For example, it takes 60 days in Texas, 63 in Shanghai, and 125 in Novosibirsk, Russia for one of CKE’s restaurants to get a building permit after signing a lease. But in Los Angeles, Ca. it takes a whopping 285 days.
Puzder added, “I can open up a restaurant faster on Karl Marx Prospect in Siberia than on Carl Karcher Boulevard in California.” The street in California is ironically named for the restaurant chain’s founder.
California’s labor regulations may also play a role in a company’s desire to seek alternative locations. In that same interview with WSJ, Puzder said his company had spent $20 million in the state over the past eight years on damages and attorney fees related to class-action lawsuits.
“If a Stanford Institute for Economic Policy Research’s estimate is accurate, public pension debt in California is even worse than feared. Preliminary calculations from a forthcoming SIEPR study peg the unfunded retirement tab for state and local government employees at more than $1.2 trillion.” (Hat tip: Pension Tsunami.)
But there’s one type of student California admissions isn’t keeping out: antisemites. (Hat tip: Director Blue.)
Even the supposed beneficiaries of California’s high speed rail fantasy have become disillusioned with it.
A hot relocation to Texas rumor just in: “Plano – new home of Toyota Motor’s North American headquarters – has been mentioned as a possible relocation site for a Wichita-based subsidiary of conglomerate Cargill.”
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.
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’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.
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…
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…
Steyn also went to a Trump rally, and discovered how Trump is wowing crowds as an un-politician. “He moved the meter on the ‘war on women’, too. Mrs Clinton pulled out the card, and Trump flung it right back in her face with her sleazy sociopath of a husband’s four decades of abuse against vulnerable women.”
The puzzling thing about the democrats’ push on gun control: Why gun control, and why now? “Unpopular as it is, gun control may be as good as they’ve got.”
Really, Jeb Bush’s path to victory requires Lindsay Graham’s endorsement? I’m sure in much the same way the Houston Texan’s plans involved Brian Hoyer leading them to the Superbowl…
The annual State of the Union pageant is a hideous, dispiriting, ugly, monotonous, un-American, un-republican, anti-democratic, dreary, backward, monarchical, retch-inducing, depressing, shameful, crypto-imperial display of official self-aggrandizement and piteous toadying, a black Mass during which every unholy order of teacup totalitarian and cringing courtier gathers under the towering dome of a faux-Roman temple to listen to a speech with no content given by a man with no content, to rise and to be seated as is called for by the order of worship — it is a wonder they have not started genuflecting — with one wretched representative of their number squirreled away in some well-upholstered Washington hidey-hole in order to preserve the illusion that those gathered constitute a special class of humanity without whom we could not live.
You know, if you’re a sitting Texas Supreme Court Justice running for reelection, it’s probably not going to help you win Texas Republican voters if you do robocalling demonizing Michael Quinn Sullivan. Especially when the call goes to Michael Quinn Sullivan. (Hat tip: Push Junction.)