CALIFORNIA POLITICAL NEWS & VIEWS 08/17/2016

Actuaries: Real CalPERS Unfunded Liability is $946 Billion—When Will it Collapse? By Stephen Frank on Aug 16, 2016 09:29 pm This is a massive disaster happening in California in slow motion.  The CalPERS pension system based on REAL numbers, not those made up by the incompetents running the system, show it has to collapse.  When you claim a 7.5% return on investment based on total fantasy, then have to note the return was .61%, you […] Read More and Comment: Actuaries: Real CalPERS Unfunded Liability is $946 Billion—When Will it Collapse? Cities may be able to use police powers to get the water they need By Stephen Frank on Aug 16, 2016 09:26 pm Guv Brown has no water policy—except to fine people for using what he considers to be too much water.  And, the Guv is giving precious water to the fish and allowing it to flow into the ocean, instead of allowing people and farmers use the available water.  Now, we find, if that abuse of the […] Read More and Comment: Cities may be able to use police powers to get the water they need California agriculture company grows housing stock for employees By Stephen Frank on Aug 16, 2016 09:24 pm Over the last two years approximately 1.5 million acres of agriculture land went fallow—while the Guv gave the water to fish and allowed it to flow out to the ocean—instead of using it for people and farms.  The farmers also have problems getting enough workers—yesterday the California Political News and Views reported on a story […] Read More and Comment: California agriculture company grows housing stock for employees California for Whom? By Stephen Frank on Aug 16, 2016 09:21 pm California is in trouble.  LA and San Fran have squeezed the middle class out of town.  This is happening all over California.  With the high cost of taxes and living, firms are leaving California, taking productive folks with them.  In July the State had a significant drop in revenues for sales, income and corporate taxes—the […] Read More and Comment: California for Whom? California Housing in Good School Districts Cost Nearly 50% More: Study By Stephen Frank on Aug 16, 2016 09:18 pm Want your child to go to a “good” government school?  Be prepared to spend 50% for a house in such a district.  Between the cost of living, the cost of housing, the taxes and government regulations I am confused.  Why do really smart people, who have the opportunity to leave California, stay? “In California, the […] Read More and Comment: California Housing in Good School Districts Cost Nearly 50% More: Study Democrat Inaction on Roads Costs Californians Money, Time By Stephen Frank on Aug 16, 2016 09:15 pm Democrats in the legislature love to spend transportation money on horse trails, bike lanes and walking trails.  The Democrats put into a law a measure that automatically adds 15-20% to the cost of transportation projects, without adding actual work.  Construction works are forced to pay prevailing wages—that is really union wages.   That, instead of hiring […] Read More and Comment: Democrat Inaction on Roads Costs Californians Money, Time What Conservatives Did to Pull Off Religious Liberty Win in California By Stephen Frank on Aug 16, 2016 09:12 pm The radical Sacramento Democrats, in this case led by Sen. Richardo Lara, wanted to make Christian college’s look and feel like San Fran or West Hollywood.  SB 1146 was intended to force Christian colleges to hire Bruce Jenner, allow transvestites to live in the dorms with young ladies.  Worse if a student “felt” they were […] Read More and Comment: What Conservatives Did to Pull Off Religious Liberty Win in California Consumers Pay Because Regulators Allow Natural Gas Use at This Solar Plant By Stephen Frank on Aug 16, 2016 09:10 pm The Federal government used your tax dollars to finance a solar farm in the Mojave Desert.  This is what happened, instead of solar energy—it has to use natural gas—so the cost of the energy produced is 3-4 times regular energy and you the consumer get to pay it.  In fact, while they TOOK $1.6 billion […] Read More and Comment: Consumers Pay Because Regulators Allow Natural Gas Use at This Solar Plant UTLA Promises to Create Chaos, Demonstrations and Even Shut Downs of Government Schools By Stephen Frank on Aug 16, 2016 09:07 pm What is the difference between the United Teachers of Los Angeles, #blacklivesmatters and the Occupy movement?  All create chaos, steal from people, have no problem with destruction of lives, property or education. UTLA forces teachers to pay them money if they want to teach. “He also said union chapter meetings will be held starting the […] Read More and Comment: UTLA Promises to Create Chaos, Demonstrations and Even Shut Downs of Government Schools Congrats to Marin County: Unfunded Pensions Are Over $1,000,000,000 By Stephen Frank on Aug 16, 2016 09:04 pm One of the richest counties in California is also in one of the deepest in debt.  Marin County, home of Barbara Boxer, has one billion in unfunded pension liabilities.  All they have to do is raise the taxes on the rich and fix the problem.  Since the rich want your taxes to go up, maybe […] Read More and Comment: Congrats to Marin County: Unfunded Pensions Are Over $1,000,000,000   In Case You Missed It: LA Times Misguided Tirade Against the Sheriff’s Department Libraries Are For Societal Needs/Not Books Gang Members have “Right” to Privacy in California Calif. State Bar Funding in Trouble as Reform Bid Stalls California Legislature Votes on 500 Bills in ONE Day