Time for another roundup of Texas vs. California:<\/p>\n
The California city of Vallejo emerged from bankruptcy just over two years ago, but it is still struggling to pay its bills.<\/p>\n
The main culprit: Ballooning pension costs, which will hit more than $14 million this year, a nearly 40% increase from two years ago.
\nAmid threats of legal action from the state’s pension giant, CalPERS, Vallejo did little during its nearly three-year stint in bankruptcy to stem the growth in its pension bills.<\/p><\/blockquote>\nRising CalPERS pension costs are also threatening Long Beach’s financial stability<\/a>.\n Berkeley is looking a little better for the short term<\/a>, but after that they too will be feeling the CalPERS squeeze.\n Pacific Grove is having a referendum<\/a> to roll back pension increases.\n California is getting ready to hike gas taxes again<\/a>, adding another 12\u00a2 a gallon to gas prices.\n Is there a Democrat-on-Democrat battle over unions<\/a> brewing in California?\n California nursing home chain files for bankruptcy<\/a>. “The dagger in the heart is that we have been overwhelmed by a wave of class-action lawsuits.”\n A list of former Los Angeles city employees earning six figure pensions<\/a>. (Hat tip: Pension Tsunami<\/a>.)\n California rancher’s are selling their cattle to Texas<\/a> ranchers due to drought.\n Cagney Global Logistics relocates from Denver to Irving, Texas<\/a>.\n San Jose-based sheet metal manufacturer Cortec is expanding in Pflugerville<\/a>.\n Even punk rock queen Exene Cervenka is getting out of California while the getting is good<\/a>:
\nNow when I think about California, I think of a liberal oppressive police state and regulations and taxes and fees. I’d rather go someplace and have my own little place out on the edge of town. I’m a country girl at heart. It makes me happy when I see people in Texas open-carrying. It makes me feel safe. I’m not even a gun owner, but I’d like to see a gun rack in every pickup truck, like my boyfriend had when I was fifteen years old in Florida. An armed society is a polite society.<\/p><\/blockquote>\n
No End In Sight for Texas Oil Boom.<\/a>\n<\/li>\n","protected":false},"excerpt":{"rendered":" Time for another roundup of Texas vs. California: Texas surpasses California as the top tech exporter. Victor Davis Hanson wants to “save” California by making liberals eat their own dogfood. Texas is creating jobs at all income levels. Vallejo still can’t afford its pensions: The California city of Vallejo emerged from bankruptcy just over two […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":13,"footnotes":""},"categories":[422,17,12,319],"tags":[66,2247,2879,406,1734,2246,2245,1745,2164,1838,2861,2877,1355,2244,1029],"class_list":["post-19424","post","type-post","status-publish","format-standard","hentry","category-budget","category-democrats","category-texas","category-unions","tag-bankruptcy","tag-berkeley","tag-budget","tag-california","tag-calpers","tag-exene-cervenka","tag-long-beach","tag-oil-industry","tag-pacific-grove","tag-pension-crisis","tag-texas","tag-unions","tag-vallejo","tag-vict","tag-victor-davis-hanson"],"_links":{"self":[{"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/posts\/19424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19424"}],"version-history":[{"count":8,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/posts\/19424\/revisions"}],"predecessor-version":[{"id":19716,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=\/wp\/v2\/posts\/19424\/revisions\/19716"}],"wp:attachment":[{"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.battleswarmblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}