Posts Tagged ‘California’
Monday, November 11th, 2013
Time for another roundup of Texas vs. California:
California’s high tax, high regulation government, and its resultant high cost of living, has given the state the nation’s worst poverty rate. How’s that blue State model working out for you?
Fresno is completely broke. “Now the city doesn’t even have a day’s worth of cash in its general fund.”
Given the tough economy, CalPERS cuts back on staff bonuses. Ha, just kidding! They doubled them.
Desert Hot Springs is the next California city eyeing bankruptcy.
Stockton’s Lavish pensions contributed to it’s bankruptcy. But guess who doesn’t have to take a haircut?
The message Stockton’s bankruptcy has for other California cities is obvious: Just screw taxpayers.
Bankrupt San Bernardino throws the bums out. And the new team looks like they’re willing to take on CalPERS. A case of mixed messages.
Covered California, California’s ObamaCare agency, is hair plugs and fat camp.
There’s a magazine called Time that says that Texas is the nation’s future. (There’s a longter story, but I don’t feel compelled to obtain a login to read it.) I’m sure Texas has a much brighter future than Time…
Your tears, Lakers fans! Let me taste them! (Missing from that piece: Dwight Howard will no longer give 10.3% of his income to the state of California, and Texas has no state income tax.)
Tags:bankruptcy, basketball, Bell, California, Desert Hot Springs, fraud, Fresno, San Bernardino, Stockton, Texas, unions, waste, Welfare State
Posted in Budget, Crime, Texas, unions, Waste and Fraud | No Comments »
Monday, October 14th, 2013
Enough gun news popped up this weekend to justify a roundup:
California Governor Jerry Brown vetoes an assault weapons ban. “We’re through the looking glass here, people!”
But before you celebrate this unexpected outbreak of common sense on Brown’s part, consider that he signed a bunch of other gun control bills, including a lead ammo ban.
Gun Owners 1, Groupon 0.
Police officers three times more likely to commit murder than concealed carry holders? (Hat tip (last two): Ace of Spades.)
Gun control has becomes so toxic that Colorado’s Democratic governor John Hickenlooper is asking gun control groups to stay out of the latest recall election against Democratic state Sen. Evie Hudak.
ATF tried to tries to block Fast and Furious whistle-blower’s book. (Hat tip: Shall Not Be Questioned.
Did an ATF agent get the IRS to target a Texas pastor? (Hat tip: Sipsey Street.)
As a member of the Ft. Worth City Council, Democratic gubernatorial candidate Wendy Davis tried to imposed background checks on gun shows, presumably in violation of state preemption law first passed in 1987, and even after Houston got it’s ass handed to them in court for trying something similar. (Hat tip: Cahnman’s Musings.)
Meanwhile, various gun grabber petitions slouch toward the ballot in Washington State. (Hat tip: Shall Not Be Questioned.)
Tags:BATFE, California, Colorado, Colorado Recall, Elections, Evie Hudak, Fast and Furious, gun control, Guns, IRS, Jerry Brown, John Hickenlooper, Washington, Wendy Davis
Posted in Democrats, Elections, Guns, Obama Scandals | No Comments »
Tuesday, October 8th, 2013
With budget issues occupying the nation, now’s time yet again to compare Texas’ successful Red State model with California’s failing Blue State model:
Like Detroit’s retirement fund (or Greek public servants), some retired Sacramento government employees were evidently used to receiving thirteen monthly checks a year. Now a federal judge has said enough.
People Stockton’s bankruptcy plan screws: creditors and taxpayers. And who won’t be required to take a haircut? CalPERS retirees.
Vallejo took much the same tack during their bankruptcy (higher taxes and no pension reform). Well, guess what? They’re broke again.
CalPERS isn’t the only underfunded California retirement system. There’s also CalSTRS, the teacher’s retirement system. “CalSTRS’ funding ratio falling to 67% in 2012 from 98% in 2001, well below the 80% considered fiscally sound.”
That might have something to do with the fact that 6,609 retirees receive more than $100,000 from CalSTARS annually.
CalPERS? 12,1999 receive more than $100,000 annually. Topped by Bruce Malkenhorst, of the corrupt city of Vernon, who pulled in more than a half-million annually, until the pension review board cut it back to a “mere” $115,000.
Big problems still loom for CalPERS.
“Regardless of what happens in bankruptcy court, California’s local governments, especially cities, are facing years, or even decades, of fiscal distress from rapidly rising pension costs.”
Marian County’s pension debt clocks in at a hefty $2.3 billion.
The California State Auditor’s own report can be read here:
We believe the State continues to face eight other significant high-risk issues: the state budget, funding for the California State Teachers’ Retirement System, funding retiree health benefits for state employees, funding for deteriorating infrastructure, ensuring a stable supply of electricity, workforce and succession planning, strengthening emergency preparedness, and providing effective oversight of the State’s information technology.
California’s new feudalism. “Like medieval serfs, increasing numbers of Californians are downwardly mobile, and doing worse than their parents.”
The 10 year anniversary of the Gray Davis recall. “We learned that the problem wasn’t just Davis and that simply changing who is governor wasn’t enough to make California government work. Schwarzenegger wasn’t a bad governor, but he failed to solve the state’s basic budget problems.”
With a wave of people signing up for ObamaCare, what is California to do? Why, obviously, cut Medicaid payouts!
Attention illegal aliens: Go to California if you want a driver’s license.
Al Jazeera headline: Tea party makes California inroads. Actual story: “For the first time, the tea party’s California caucus has a table at the state’s Republican fall convention.” That’s less an “inroad” than an “in-driveway”…
Rick Perry to California: “We don’t judge success on the number of people we have on public assistance.”
“Texas’ unemployment rate has now been lower than the national average, and California’s, for 80 consecutive months.”
Texas now has the best credit rating in the world.
“The Rainy Day Funds of Texas and Alaska alone are now larger than the stabilization funds of all other states combined.”
USAA is expanding in Plano.
500 Republicans moving to Texas every day?
In non-political, Halloween-related California news, it’s tarantula mating season in California. Just in case you needed another reason to leave California…
Tags:Arnold Schwarzenegger, Budget, California, CalPERs, CalSTARS, Gray Davis, ObamaCare, pension crisis, Rick Perry, Texas, unions, welfare, Welfare State
Posted in Budget, ObamaCare, Texas, unions, Welfare State | 1 Comment »
Wednesday, September 18th, 2013
Time for another Texas vs. California update:
CalPERS decides commoners are unworthy of knowing what their betters in the California state retiree system get paid.
New California law to shield pedophiles in teacher’s unions in California each year, seven to eight times as much sexual misconduct takes place in public schools as in the Catholic Church.
I’ve often thought Texas would consider doing this: Nevada gives mentally ill tickets to California.
You know all those pieces on how “California is back?” Yeah, not so much.
Because other states just aren’t getting enough businesses fleeing California, they’re moving to hike the minimum wage again.
Sacramento Convention Center loses $218 million over 14 years.
California bends over backwards to prevent jailed illegal aliens from being deported.
What it’s like living in bankrupt Stockton: “Anderson called the police recently after a boy was shot riding his bike down the alley that runs alongside her home. It took them four hours to show up.”
Judge rejects CalPERS, allows San Bernardino’s bankruptcy to proceed. Naturally CalPERS is incensed that their golden pension goose could be cooked along with everyone else.
California toll road agency misses overly optimistic projections, may have to declare bankruptcy. “The Foothill-Eastern Transportation Corridor Agency, which operates 39 miles (63 kilometers) of toll highways in Orange County, risks default on $2.4 billion in debt.”
Rick Perry goes fishing for new businesses to relocate to Texas in Maryland.
Also Missouri, where the Democratic governor just vetoed a tax cut.
Tags:California, CalPERs, Marylnd, Missouri, Rick Perry, Texas, Victor Davis Hanson
Posted in Democrats, Economics, Regulation, Texas, unions, Waste and Fraud, Welfare State | No Comments »
Wednesday, July 24th, 2013
Smart denizens of California must be eying Detroit’s bankruptcy warily. After all, 60 years ago Detroit was the wealthiest city in America. And California seems hellbent on following Detroit’s Blue State path to bankruptcy sooner rather than later…
Problem: California public employees union members getting outrageous retirement benefits on the taxpayer’s dime. Solution: Hide their pension figures from the public.
From Dwight comes this gem of a news story:
Bruce Malkenhorst took home more than $911,000 a year as city manager of the tiny city of Vernon. His reign ended shortly
before he was convicted of misappropriating public funds, and he walked away with an annual pension that eventually topped $500,000,
the largest in the California Public Employees’ Retirement System.
But CalPERS last year decided to cut his pension to $115,000, concluding he’d derived some of his hefty salary improperly.
So now the 78-year-old Malkenhorst is suing Vernon to make up the difference.
And if you’re interested in California corruption, you should be following Dwight’s regular updates on Vernon and Bell.
Resignation Media, another California company, is moving to Austin. (Hat tip: Urban Grounds. )
Meanwhile, California e-discovery firm Daegis Inc. is also moving its headquarters to Texas.
Navarre Corporation relocates from Minnesota to Texas.
Houston edges out New York City as the nation’s largest goods exporter.
More on Dwight Howard and others fleeing California’s income tax burden.
Detroit won’t be the last city to declare bankruptcy.
California Latino supermarket chain Mi Pueblo declares bankruptcy. The article says that creditor Wells Fargo wanted to “change the terms” of loans, but something doesn’t add up. Turns out that profits dived when Mi Pueblo was forced to fire illegal aliens after an audit, and that put their profitability under the level dictated by the terms of the loan.
Parallels between Detroit and San Bernardino.
Tags:bankruptcy, California, fraud, San Bernardino, Texas, unions, waste, Welfare State
Posted in Economics, Texas, unions, Waste and Fraud, Welfare State | No Comments »
Friday, July 19th, 2013
Detroit went bankrupt. One stranger was acquitted for shooting another stranger. Which do you think the media spent more time covering?
“Progressive politicians, wonks, and activists can only blame big corporations and other liberal bogeymen for so long. The truth is that corrupt machine politics in a one-party system devoted to the blue social model wrecked an entire city and thousands of lives beyond repair. The sooner blues come to terms with this reality, the greater chance other cities will have of avoiding Detroit’s fate.”
The IRS scandal now leads to the chief counsel, one of only two Obama appointees at the agency.
“The Democratic Party is a machine for inciting grievances in order to consolidate its power.”
The Wall Street Journal makes the case for dismantling ObamaCare piece by piece.
Republican Insiders are very, very upset that Jim DeMint is exposing them for the RINOs they are.
My precious snowflake is extremely gifted. He’s also 29 and unemployed because so many jobs are unworthy of his Promethean talents. Matt Walsh: SMACKDOWN.
“The Democratic Party is a machine for inciting grievances in order to consolidate its power.”
Charles Barkley on the Zimmerman trial: “Just looking at the evidence I agreed with the verdict.”
A few facts about Marissa Alexander that may not be apparent from a two panel picture comparison with George Zimmerman.
“Reason for termination: Disabled veteran.”
“Negative perceptions of young black men are rooted in hard data on who commits crimes.”
Near empty New York hospital losing $3 million a week. Naturally, unions are demanding it stay open. (Hat tip: Dwight.)
Charles Murray on American exceptionalism.
Marco Rubio was riding high. Then he became a shill for amnesty, and now his life is all sad trombones. I haven’t seen a serious national political aspirant fall so far since Gary Hart went boating.
Today’s serial Democratic Party groper who felt-up at least six women and who the state party forced their members to cover up for comes to you from California.
Tags:Blue State, California, Detroit, Gary Hart, George Zimmerman Trial, Heritage Foundation, IRS, Jim DeMint, LinkSwarm, Marco Rubio, Obama Scandals, ObamaCare, vets, Welfare State
Posted in Military, Obama Scandals, ObamaCare, unions, Waste and Fraud, Welfare State | No Comments »
Thursday, July 11th, 2013
The hot days of summer are here. Texas is now into its usual 100° summer days. However, if it’s any consolation, Death Valley hit a record 129° in June.
Texas’ business climate is a lot like our summers: hot, hot, hot! California’s business climate is a lot like Death Valley: Still and oppressive.
On to the Texas vs. California roundup:
Unemployment claims are up in California.
You know all that talk of California having a small budget surplus? That doesn’t count the $10.3 billion California owes the federal government for unemployment compensation, an amount that is not expected to be paid off until 2020.
Between 2007/8 and 2013/14, “the officially reported unfunded pension liability for state workers through the California Public Employees Retirement System (CalPERS) grew from $31.7 billion to $57.2 billion, an 80.1% increase.”
He, remember that short-lived BART strike? How horribly were the employees “underpaid?” “BART employees — including management and nonunion workers — earn an average of about $83,000 annually in gross pay, contribute nothing toward their retirement and $92 monthly to health insurance. Their pay and total compensation are both the highest in the Bay Area among transit agencies.”
BART’s highest paid employee in 2012? Someone who earned $333,000 and never worked a day that year.
California’s coming health insurance death spiral.
California writer explains why he and his family relocated to Texas.
Did taxes help Dwight Howard decide to leave the Los Angeles Lakers for the Houston Rockets?
Rick Perry retiring means the Texas is losing on of its greatest pitchmen to the business community.
California, bluest of blue states, forcibly sterilized female prisoners. Well, liberal’s love of eugenics goes back at least as far as Margaret Sanger…
Tags:California, eugeneics, Margaret Sanger, ObamaCare, Texas, unemployment, unions, waste, Welfare State
Posted in Budget, ObamaCare, Texas, unions, Waste and Fraud, Welfare State | No Comments »
Thursday, June 27th, 2013
Time for another update of just how hard Texas is kicking California’s ass:
Chuck DeVore has the skinny on California’s recent “growth:”
The BEA revised California’s real GDP growth downward from 2009 to 2011 in each of three years by a cumulative 2.6 percent, the third-largest negative revision in the nation.
In other words, California’s economy shrank an additional 2.6 percent before it grew 3.5 percent.
So, in the past five years California’s real GDP contracted 0.3 percent, one of ten states where economic activity was less in 2012 than it was in 2008.
By contrast, the BEA revised Texas’ growth upward by 0.5 percent from 2009 to 2011.
Texas’ newly revised real GDP growth from 2009 to 2012 was 13 percent.
From 2009 to 2012, California’s share of the U.S. economy shrank from 13.1 percent to 12.9 percent while Texas’ portion of the American economy increased from 8.2 percent to 9 percent.
Walter Russell Mead joins in:
What should be the Federer vs. Nadal of state-level competition has become a lopsided trouncing: Texas has humiliated its opponent in straight sets. The federal Bureau of Economic Analysis is out with its state-by-state economic growth numbers for 2012, and Texas is dancing the two-step all over California’s “recovery.”
“Texas and California provide real-world results from the so-called laboratory of democracy — the states. The results aren’t even close. Texas wins and has been winning for years. California, champion of the big government blue state model, is in a death spiral. Texas, champion of the small government red state model, continues to grow and lead the way.”
California Democrats lose their supermajority, so they have to get one last “screw you” tax hike in.
California’s legislature has the highest salary in the country. (By contrast, Texas legislators make $600 per month, plus a per diem that’s currently $139 for every day the Legislature is in session.)
The Nanny State wants to regulate nannies. “Yo dawg, I heard you liked nanny states, so I put the nanny state in charge of your nannies so the nanny state nannies can nanny nannies.”
Billionaire Texas Democrat seeks to reform California pensions. Might want to pop some popcorn for this one. (Arnold does indeed give primarily to Democrats, but recently he’s also made contributions to Ted Cruz ($2400 in 2011), Tom Coburn and the RNC, plus a relatively paltry $200 donation to John McCain in 2010.)
Remember: If you’re going to kill somebody, it’s far better to do it in California than Texas. “At the pace the state has executed inmates over the last 35 years – roughly one execution every three years – it would take the state about 2,000 years to clear its backlog.” Why is why rail-traveling serial killer Angel Maturino Resendiz was executed after 7 years in a Texas prison, but “Night Stalker” Richard Ramirez spent 23 years living at the expense of California taxpayers before dying of natural causes.
California city of Atwater avoids bankruptcy by the skin of its teeth. Naturally, public employee unions are saying that now is the time to get raises…
Speaking of unions, even they are having problems with ObamaCare.
United Farm Workers picket United Farm Workers. No, that’s not a typo.
Tags:Atwater, California, Chuck DeVore, Crime, death penalty, ObamaCare, Texas, unions, Walter Russell Mead, Welfare State
Posted in Budget, Crime, ObamaCare, Texas, unions, Welfare State | No Comments »
Monday, June 17th, 2013
Time for another Texas vs. California roundup!
California’s mullet budget: conservative in the front, but with a long greasy, tangled mane of liberal spending and debt in the back.
“Public pension costs are increasing simply because liabilities are growing faster than assets….To meet the rate at which pension liabilities were growing in 1999, Calpers needed the Dow to reach 30,000 by now.”
“California still has a mammoth long-term pension gap. If it used the same pension accounting standards as private companies must, its total debts would be a terrifying $1 trillion.”
What does the future look like in California? Well, take a look at Detroit, another one-party liberal Democrat fiefdom, where decades of chronic overspending and mismanagement are leading to a bankruptcy filing which will screw bond-holders and pensioners alike.
Speaking of bankrupt cities that can’t pay their bills, Stockton is paying out $5.1 million in settlements for retirees who are losing their health benefits due to the bankruptcy.
Some inside baseball news on maneuverings in the Stockton and San Bernardino bankruptcies.
Due the huge looming deficits, California’s public employee unions have had to accept wage cuts. Ha, just kidding! They’re getting raises.
California’s highest court rules that privacy rights don’t apply to you if public employee unions want your money.
Despite high electric rates, California is shuttering one of its nuclear power plants.
Thanks to California’s implementation of ObamaCare, Aetna is exiting the individual insurance market there.
Rick Perry travels to Connecticut to woo gun manufacturers to relocate to Texas.
Why NBA All-Star Dwight Howard might join the Houston Rockets: Texas’ lack of a state income tax.
Tags:Budget, California, Democrats, Detroit, nuclear power, San Bernardino, Stockton, Texas, unions, waste, Welfare State
Posted in Budget, Democrats, Texas, unions, Waste and Fraud, Welfare State | No Comments »