Saturday, August 20, 2016

CALIFORNIA POLITICAL NEWS & VIEWS 08/20/2016

Runner: Let’s Pump the Brakes on Cap-and-Trade

By Stephen Frank on Aug 19, 2016 09:57 pm
The Governor and the Democrats wants to continue to tax your gasoline and other oil industry products to save the planet at the expense of the California families and business.  As part of the new proposal, they want to buy off Assembly members and Senators—with $100 million worth of cars for low income residents.  This […]

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San Jose OKs Temporary Fix for Growing Homeless Woes

By Stephen Frank on Aug 19, 2016 09:53 pm
The city of San Jose has decided they have a way to help the homeless.  They are going to build a six acre ghetto for the homeless, only the fences will be missing.  Keep the homeless in one place instead of helping them get the training they need, jobs and the necessities of life—build a […]

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OSHA to increase fines to keep up with inflation

By Stephen Frank on Aug 19, 2016 09:50 pm
In Wyoming, thanks to a law passed by Congress, OSHA fines are being raised, significantly.  Infractions worth yesterday in Wyoming for only $7,000 is over $12,000 on February 1, 2017..  This is a punishment to assure businesses do not grow, expand or succeed.  The government has found that the fines have been passed on the […]

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San Fran housing bubble buckles under its own lopsidedness

By Stephen Frank on Aug 19, 2016 09:47 pm
Teachers on average get paid $65,000 in San Fran—the median rent in San Fran is $42,000.  So after taxes, a teacher in San Fran either has a second job, lives in a slum, has a spouse to help pay the rent or lives miles away a bit cheaper—but fighting a major traffic jam. “San Francisco […]

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LA’s Bad Road Conditions Cost You More than You Think

By Stephen Frank on Aug 19, 2016 09:44 pm
The city of Los Angeles is spending hundreds of millions for bike lanes, creating traffic gridlock, dangerous streets for driving.  But they have billions in road repairs to make, have signed court ordered consent agreements to fill the potholes—but have no money for the agreement.  Los Angeles is like driving in a war zone, stop […]

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Robert Fellner: Don’t wait for next bankruptcy wave

By Stephen Frank on Aug 19, 2016 09:42 pm
The pension crisis is costing the cities of LA and San Fran 20% of their budget.  Any wonder basic services, like police are in short supply.  The cities can not pay for the pensions and the cops. “Making the problem worse, the weakening market comes at a time when many agencies are already paying record-high […]

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How an Obscure, Crime-Ridden Bay Area City Became America’s Hottest Market

By Stephen Frank on Aug 19, 2016 09:40 pm
Want to live in a crime ridden city?  Need to live in a city that went bankrupt due to bad management and excessive pension costs—then REFUSED to fix that problem, putting it again on the course of bankruptcy.  Yes, it is cheaper than San Fran—if you can afford the protection (I am not talking about […]

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Nearly 40 school bond measures headed for voters in LA and OC

By Stephen Frank on Aug 19, 2016 09:38 pm
For those in Orange and Los Angeles County, you will be facing over 40 schools bonds—you will be told the total is approximately $10 billion.  That is a lie.  The school districts and bond proponents REFUSE to tell you there is interest on the bonds and on average double the face value of the bond.  […]

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California’s Temporarily Temporary Tax

By Stephen Frank on Aug 19, 2016 09:36 pm
In California a temporary tax lasts thirty years or forever.  Only Gov. Pete Wilson passed a temporary tax and when the time came to end it, he did.  For that he is a hero of the taxpayer.  In 2012 Jerry Brown said he would not try to extend Prop. 30, which was a $42 billion […]

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Guv Brown says yes to school finance reforms inspired by California Policy Center

By Stephen Frank on Aug 19, 2016 09:28 pm
Every once in a while the good guys make a point and the Democrats in Sacramento approve.  In this case the financing of government education shows that charter schools and private schools get better results, with less money.  A think tank, the California Policy Center came up with ideas to make the financing easier and […]

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Northern California Towns Are Running Out of Water

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