Thursday, October 1, 2015

CALIFORNIA POLITICAL NEWS & VIEWS 10/01/2015

California Assembly Democrats Allow Continued Theft of Private Property by Government

By Stephen Frank on Sep 30, 2015 07:31 pm
A cop, with the authority of a District Attorney can seize your home, car, bank accounts—all without charging you with a crime. Then the police department and the DA’s office can SPEND your money, without permission—and never charge you with a crime. This is called asset forfeiture—legalized theft by government to augment their budgets. You […]

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USDA Spent Housing Funds on Christmas Parties, Trips to Six Flags

By Stephen Frank on Sep 30, 2015 07:28 pm
Government in mismanaged, incompetent and corrupt. The United States Department of Agriculture is just greedy. “The inspector general found misuse of taxpayer funding in all 11 projects in its sample. The $27,718.66 unallowable expenses identified included $3,912.37 for a staff summer picnic at Six Flags America in 2013; $11,411.74 for a staff Christmas party in […]

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The Underbelly Of The California Drought

By Stephen Frank on Sep 30, 2015 07:25 pm
Though the Central Valley is a major victim of the lack of water policy by the confused Guv Brown, the Central Coast is the location with the biggest problem. Both need water from the State and Federal water projects. But the Central Valley has an aquifer—the Coast does not. “In the meantime, few talk about […]

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Study on California’s debt reveals state’s hidden nightmare

By Stephen Frank on Sep 30, 2015 07:23 pm
The total of the unfunded liabilities of the government pension plans in California, using Federal accounting criteria is about one trillion dollars. Now we have an accountant that found hidden debt, money allocated but not spent, of about $111 billion. So when the really confused Guv Brown claims we have a balanced budget, he is […]

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Some L.A. Times Staffers Eager to Exit

By Stephen Frank on Sep 30, 2015 07:21 pm
The value of the stock in the company that owns the L.A. Times has dropped by half since it was purchased. Ten years ago the circulation of the Times was one million—today they claim 376,000—including the freebies. Have you seen the physical size of the Times? They cut the size of the paper and cut […]

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Calif. Agency Receives Grant To Study Paid Family Leave Policies

By Stephen Frank on Sep 30, 2015 07:19 pm
Isn’t this a bit backwards. The State of California created a program mandating family leave. Now a few years later the Feds are providing money to study the affects of this policy. Wonder if they will check to see how many young women did not get hired because of this policy? How many men and […]

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Middle Class Squeezed Out of California Housing: Homeless Explosion is Result

By Stephen Frank on Sep 30, 2015 07:17 pm
In San Fran you can buy a shack, 765 sq. ft, that needs to be demolished, for $350,000. The cost of homes and rentals in San Fran and LA are the highest in the nation. Even Oakland now rents apartments for over $2,000 on average. The bottom-line is that California is for the very rich, […]

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Is Housing Bubble Hitting San Fran Bay Area? Yup

By Stephen Frank on Sep 30, 2015 07:15 pm
Is it really about to happen again? In San Fran you can get 1323 sq. tf. Two bedroom, one bath home for one million dollars. In Oakland the only market priced project built in 2015 has apartment going for $4100 a month. The cost of housing in California is running 30-50% of peoples income. The […]

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Federal Reserve LOW Interest Rates Saves Californians $121.7 Million in Interest Costs on Bonds

By Stephen Frank on Sep 30, 2015 07:13 pm
While watching the Federal Reserve dither on raising interests rates—even by half a point—it is difficult to understand how this affects us. Yesterday the California State Treasurer announced he had sold bonds and saved $121.7 million on interest charges over the life of the bonds. That is real money. “This is a great result,” Chiang […]

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Los Angeles Trying to Rid Itself of Third World Image

By Stephen Frank on Sep 30, 2015 07:11 pm
Go to Mexico, Thailand or any Third World country and you will note that street vendors are everywhere. No health department checks on the food sold, you know the items sold or either third rate or knock-offs—never the real thing. Go to downtown areas and East Los Angeles, into Hollywood, you will find street vendors—and […]

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In Case You Missed It:

Anybody Going to San Fran? SF Nudists Win Naked Protest March Permit
California Air Resources Board: Another “Rule” and Another Gas Tax Increase
Kid who KO’d attacker of disabled classmate gets big online support
California: Anti-Gun Bills Still with Governor Brown
Boston Mayor: Raise Parking Meter Fees to Force Drivers Out of Cars

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