Tuesday, June 30, 2015

CALIFORNIA POLITICAL NEWS & VIEWS 06/30/2015

City Says Tax Haters Have Run Amok

By Stephen Frank on Jun 29, 2015 05:37 pm
What is the crime committed by these people, “A “renegade band” of tax-haters could cost a California city millions by refusing to pay “a single cent” to clean up carcinogenic groundwater despite a state order, the city says in court. The City of Dixon sued the Solano County Taxpayers’ Association and its president Gary Riddle […]


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Leftist Bay Area: Worst Offender of Income Inequality in Nation!

By Stephen Frank on Jun 29, 2015 05:33 pm
Hypocrite Hillary complains about “income inequality” while she and Bill earn $25 million in a year. The far Left Bay Area, home of Feinstein, Boxer, San Fran Nan , Fidels best friend Barbara Lee and other income distribution Democrats, has twice the income inequality as the national average. “There is now more than a quarter-million-dollar […]


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SoCal schools may see more interns, substitutes in classrooms as teacher shortage grows

By Stephen Frank on Jun 29, 2015 05:31 pm
Common Core is dumbing down government education. In the past five years 26% FEWER students wanted to become teachers, be controlled by unions and pay bribes to hold a job. Our students will come back to uncredentialled, interns as their “teachers”. Need any more reason to go to Charter schools, private schools, home schooling or […]


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Runner: Attempts to change Proposition 13 are misguided

By Stephen Frank on Jun 29, 2015 05:29 pm
Were it not for Prop. 13, most Californians would have lost their homes in 1978-80. At that time property taxes were going up 25-50% a year—in Los Angeles County it was 50%. Thanks to Prop. 13 California commercial property holds value—the higher the property taxes, the lower the value of the property. Prop. 13 allows […]


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Will Obama Trade Agreement Finish Off the Los Angeles Apparel Manufacturers?

By Stephen Frank on Jun 29, 2015 05:24 pm
Thanks to the Republican leadership in Congress and President Obama, the apparel makers in Los Angeles are about to go out of business—with the jobs being shipped overseas. The good news is that many illegal aliens will lose their jobs, the bad news is that they will take the jobs of honest Americans, in another […]


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Cost of 3-D Printer Cut in Half—Technology Doing Better Than Minimum Wage Advocates

By Stephen Frank on Jun 29, 2015 05:21 pm
My first cell phone was bigger than a shoe box, cost a fortune and I paid forty-five cents a minute to use it. My base cost was $65 a month, that gave me 200 minutes—then the per minute charge. Today My wife and I pay under $160 a month, unlimited minutes –I use about 4,000 […]


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Why Do California Public Pension Systems Get Special Treatment?

By Stephen Frank on Jun 29, 2015 05:18 pm
Using the State accounting procedures CalPERS has an unfunded liability of $57 billion, CalSTRS has an unfunded liability of $73 billion and the government health system has an unfunded liability of $64 billion. None of those numbers are true—just the State of California underestimating the real liability. Using Federal pension accounting criteria, CalPERS is at […]


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The increasing workplace worry on offering wellness perks? Breaking the law

By Stephen Frank on Jun 29, 2015 05:16 pm
Thanks to ObamaCare the new trend in businesses providing healthy “perks” to employees may have to stop. The good news is that employment lawyers will be able to keep up their payments on the Mercedes they just bought. The better news is that lobbyists and politicians will continue to be able to pull in big […]


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The Great Recession Still has Adverse Consequences

By Stephen Frank on Jun 29, 2015 05:14 pm
Lack of confidence in the economy shows every day. Some days the Dow goes up by 150 points—other days, like yesterday, it goes day by over 350 points. Folks do not feel comfortable buying homes, home sales have been down, employers hire workers for under 30 hours—so they can stay open by not paying for […]


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New rules try to spotlight hidden retirement debt–$500 Billion?

By Stephen Frank on Jun 29, 2015 05:11 pm
Using a modified Federal accounting system and criteria—CalPERS, CalSTRS and the State health system have a combined $500 BILLION unfunded liabilities—more than triple what the systems report, though less than half the full accounting system numbers. Regardless, these programs are not sustainable and in fact the liabilities are growing every day—making it more unsustainable. “Using […]


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In Case You Missed It:

Silicon Valley: $900 a Month to Live in TENT (Not a Joke)
Dry Farming? Horses Instead of Tractors/Smaller Crops/ HIGHER COSTS
Water and Pension Crisis? Add Housing Crisis to California’s Problems
Worst bill of the week: AB 278—Forces Cities to Balkanize
Illegal Immigrants Released by Obama’s ICE Have Committed 121 Murders So Far This Year

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