CALIFORNIA POLITICAL NEWS & VIEWS 07/15/2016

Proposed SF sales tax hike would reduce consumer spending by $154M, report finds By Stephen Frank on Jul 14, 2016 08:12 pm A study shows that if a proposed sales tax hike happens in San Fran consumers will reduce spending by $154 million.  That is small compared to the real results of the Statewide tax increases and bond sales.  One statewide measure will transfer $144 billion from families and businesses to government—that will have an effect on […] Read More and Comment: Proposed SF sales tax hike would reduce consumer spending by $154M, report finds CalSTRS Tanking Teachers Pensions to be Politically Correct By Stephen Frank on Jul 14, 2016 08:08 pm We reported earlier in the week that last year CalPERS lost 2% of its assets in 2015.  Partially that is because investments were based on politically correctness instead of a financial basis.  The losers will be the retirees and the taxpayers.  CalSTRS, the teachers’ pension system does not even pretend to be investing for the […] Read More and Comment: CalSTRS Tanking Teachers Pensions to be Politically Correct Bill Clinton is a Sleazy/Greedy Crony Capitalist By Stephen Frank on Jul 14, 2016 08:06 pm In 2002 Bill Clinton charged a community college in the Bay Area $100,000 for a single speech.  He also insisted there be no questions about his scandals or corruption.  Though he attended a total of six events for the money—should we pay that much to Bernie Madoff or the Clinton pedophile friend Jeffrey Epstein? “Another […] Read More and Comment: Bill Clinton is a Sleazy/Greedy Crony Capitalist Black Teen Unemployment 40% Under Obama By Stephen Frank on Jul 14, 2016 08:04 pm Barack Obama is a racist.  If a Republican was president and black teen unemployment went from 28% to 40% in one month, hearings would be held, editorials written and CNN would have a heart attack.  They would question the policies of the Republican, demanding immediate action and billions spent.  Instead, Barack Obama has killed employment […] Read More and Comment: Black Teen Unemployment 40% Under Obama SF Arts Initiative: A Raid on Schools, Libraries, and More? By Stephen Frank on Jul 14, 2016 08:01 pm The San Fran ballot will have 39 local measures on the November ballot (not a typo).  Among them will be a measure that helps the arts and the homeless—sounds like San Fran, right?  Oh, to pay for this they are not raising taxes—that is great.  So how are they paying the millions?  By cutting government […] Read More and Comment: SF Arts Initiative: A Raid on Schools, Libraries, and More? Growers/Cops Join to Stop Legalization of Marijuana –Stop Crony Capitalist Takeover of Pot Market By Stephen Frank on Jul 14, 2016 07:58 pm Months ago I wrote that the current growers and dealers of marijuana will not want the competition from legalized marijuana.  So, they have joined with law enforcement to oppose Prop. 64—the effort to make California permanently mellow. “While endorsements are still being firmed up for and against the adult-use initiative, called Prop. 64 on the […] Read More and Comment: Growers/Cops Join to Stop Legalization of Marijuana –Stop Crony Capitalist Takeover of Pot Market Federal Chumash Expansion Bill Moves Forward By Stephen Frank on Jul 14, 2016 07:56 pm The Federal government, for generations have tried to control the Native Americans—moving them onto reservations, controlling their economies, education, health care, etc.  Then some tribes found oil on their land and freed themselves from the enslavement of Washington.  In the past generation tribes have created gambling casinos, making them richer than their surrounding neighbors—and truly […] Read More and Comment: Federal Chumash Expansion Bill Moves Forward USDA’s Plan for Lemon Imports Leaves California’s Growers Feeling Squeezed By Stephen Frank on Jul 14, 2016 07:54 pm Jerry Brown and the Democrats have destroyed over 1.5 million acres of prime farmland due to a lack of water policy.  Manufacturing has basically ended in California thanks to AB 32, high taxes and regulations that make it too expensive to have employees.  Texas is diversifying its economy while California is killing it.  Now the […] Read More and Comment: USDA’s Plan for Lemon Imports Leaves California’s Growers Feeling Squeezed Teacher Sues LAUSD for Emotional Distress/Defamation By Stephen Frank on Jul 14, 2016 07:51 pm LAUSD has made it clear—if you blow the whistle on the fraud and corruption of the system, they will destroy you.  Rafe Esquith was well liked by students and parents—so when he started talking about the problems of LAUSD, they went after him, defamed him and finally fired him.  Now a judge has ruled that […] Read More and Comment: Teacher Sues LAUSD for Emotional Distress/Defamation Brown Administration Proposes Another 10 Years Of Cap-And-Trade By Stephen Frank on Jul 14, 2016 07:47 pm A month ago, confused Jerry Brown held an auction of “credits” for tax and trade.  He expected to get $150 million in sales.  Instead he got $2.5 million—those buying the credits now understand the credits are worthless—as valuable as an LAUSD diploma given in June.  This is really a transferring of funds, has little to […] Read More and Comment: Brown Administration Proposes Another 10 Years Of Cap-And-Trade   In Case You Missed It: LA’s Billion $$ Homeless Bond: No Plan, No Outreach, No Oversight and … a ‘NO’ Vote Unless US DOT Changes Course, Building Protected Bikeways May Get Tougher California’s Legislature blazes new path in deterring dangerous activities Nanny State: OK, everybody’s foam toys, out of the pool AllState Report: Californians are BAD Drivers—L.A. at 193!