Cal Berkeley to Open SEGREGATED Housing in Fall—For REAL!
By Stephen Frank on Jul 18, 2016 09:06 pmDid George Wallace become the Chancellor of UC Berkeley? Did David Duke take over the body of Janet Napolitano. Did Berkeley turn into Ole Miss, circa 1950? Why do the bigots that run Berkeley agree to allow blacks to be segregated? Oh, because they “want” to be segregated. Imagine if white students demanded a white […]
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CalPERS Proclaimed Rate of Return? 7.5% Actual? .61%
By Stephen Frank on Jul 18, 2016 09:03 pmThe unfunded liabilities of CalPERS, last year, using Federal criteria, was over $670 billion. Thanks to the 7.4% SHORTFALL in return on investment that number is growing fast. Only last week we found out that 2014-15 CalPERS lost 2% of its assets. Now we find that were short again—by 99%! This is an agency out […]
Read More and Comment: CalPERS Proclaimed Rate of Return? 7.5% Actual? .61%
Why Housing is SO Expensive in Los Angeles
By Stephen Frank on Jul 18, 2016 08:59 pmIn Los Angeles and San Fran the city charges over $100,000 in fees, permits and taxes to build a signle housing unit. That is a lot of money, here is an example of $5,000 of that in Los Angeles. “Developers are charged Quimby fees based on the zoning on the project site and the proposed […]
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Coupal: Tell Me Again Why We Need Higher Taxes?
By Stephen Frank on Jul 18, 2016 08:58 pmJerry Brown told us that if Prop. 30 passed, a few years ago—a seven year, six billion dollars a year, a total of $42 billion, he would not ask to continue it. The good news is that he has kept his word. The bad news is that his friends have done it for him—but now […]
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The debate over marijuana legalization and kids
By Stephen Frank on Jul 18, 2016 08:54 pmIf you have a twelve year old would you light up a bong and take a hit of marijuana in front of them? Do you think kids going to a strip mall for a fast food burger should note that next to the burger joint is a place you can buy a joint? Should teachers […]
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As CalPERS exits hedge funds, CalSTRS adds more
By Stephen Frank on Jul 18, 2016 08:52 pmCalPERS lost 2% of its assets in 2014-15. But claimed it would receive a 7.5% return. Yesterday CalPERS reported they did a great deal better in 2015-16—while claiming they were going to get a 7.5% return on investment, they got .061% (NOT A TYPO). The difference added to the unfunded liability of the system. So, […]
Read More and Comment: As CalPERS exits hedge funds, CalSTRS adds more
Metropolitan Water District CEO claims Delta tunnels are not a done deal
By Stephen Frank on Jul 18, 2016 08:49 pmWe are on the way to building a $200 billion water diversion from Northern California to Southern California—all of that without a single drop of new water. The Governor wants to force your water company to pay for it. How? By having them raise your water bill and they pass the money along to the […]
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Finally!! Good News About California—Nice Place to Visit
By Stephen Frank on Jul 18, 2016 08:46 pmWe have high taxes, the highest cost of housing, water and energy in the nation. Our roads are clogged and the State has a debt of $1.5 billion. Want failed schools—LAUSD is the place to be. Need to see the killing of agriculture—drive the 99 or 5 freeways from LA to Sacramento. California is a […]
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Governor Brown rewards those who steal guns
By Stephen Frank on Jul 18, 2016 08:43 pmConfused Guv Brown really thinks murders, rapists, those that attack senior citizen and embezzle millions are merely misunderstood. For his entire adulthood he has fought criminal sentences carried out, starting when his father, Gov. Pat Brown allowed the death penalty be carried out against Carryl Chessman, a convicted rapist. Jerry supported Prop. 47 which allows […]
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Raising the Minimum Wage Doesn’t Matter
By Stephen Frank on Jul 18, 2016 08:39 pmIn Seattle thanks to the increase in the minimum wage to $15 an hour, thousands of low wage people have had a wage increase—also, numerous restaurants have close and thousands more have no jobs. If your goal is to fill taco shell as a career, than the $15 wage is a help. But, it still […]
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Berkeley cop watchdog suggests ‘sensitivity training’ for officers
Affordable Housing: Coming to Grips with a Crisis
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