Tuesday, August 9, 2016

CALIFORNIA POLITICAL NEWS & VIEWS 08/09/2016 DEM CONGRESSMAN SAYS "QUEENS ONLY"

Dem Congressman Wants Anyone But Straight White Men To Apply For Internships

By Stephen Frank on Aug 08, 2016 08:01 pm
Democrats founded the KKK.  Democrats in the south owned slaves.  More Republicans than Democrats voted for the 1964 and 1965 Civil rights Act.  Democrats believe the only way a person of color can get a government contract, a job or an education is via affirmative action (government approved racial discrimination) is demeaning and vicious.  Obama […]

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Number of LA teachers in detention on the rise, as taxpayers foot ‘prohibitively expensive’ bill

By Stephen Frank on Aug 08, 2016 07:58 pm
LAUSD just paid $15 million to give 20% of the June graduating class unearned credits so they could receive a worthless diploma—otherwise the graduation arte would be 54%.  This is a district that is segregated—only 9% white students—after spending billions to bus black students up to two hours a day, just to sit next to […]

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Feds Spend $2.6 Million on Weight Loss Program (Phone Calls) for Truckers

By Stephen Frank on Aug 08, 2016 07:53 pm
I thought the Feds studying why San Fran prostitutes use drugs was a gigantic waste of tax dollars.  Then we had the Feds use your tax dollars to study why “fat girls can’t get dates.”  Now we have one to top them all. “The National Institutes of Health (NIH) has spent more than $2.6 million […]

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HBO, Netflix to film in Florida without tax incentives

By Stephen Frank on Aug 08, 2016 07:51 pm
The taxpayers of California are giving millions to the multi-billion Disney folks, to film a $75 million movie in the State.  It if makes money, Disney gets all of the profits.  It if loses money, it won’t lose as much since YOU donated to the cause and take the risk with no benefit.  The movie […]

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The latest Bay Area housing gimmick: Having investors pay for half of the standard 20% down payment and sharing on the upside or downside.

By Stephen Frank on Aug 08, 2016 07:49 pm
Want a garbage home that would go for $150,000 in 95% of America—but $1.2 million in San Fran?  Don’t have parents to give or loan you a down payment for a shack, investors will give you the money and speculate on the value of the shack going up, and take part of the profits.  When […]

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New McDonald’s In Phoenix Run Entirely By Robots

By Stephen Frank on Aug 08, 2016 07:47 pm
The $15 minimum wage si guaranteeing unemployment, not jobs.  Companies have a choice of being extorted by government and unions—or throwing them both out by creating a computerized service sector.  This Phoenix MacDonald’s was either going to not open or it would use robots.  Yes, folks that thought they were going to get a job […]

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California: The economics of delusion

By Stephen Frank on Aug 08, 2016 07:41 pm
Jerry Brown is crowing about the California recovery—while quietly saying he is putting $2 billion extra in the reserves due to the oncoming recession.  When that recession hits, our pensions systems will collapse—even today they “earn” around 1%–when 7.5% is needed—and currently run an unfunded liability of $1 trillion, along with what the State Controller […]

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San Diego’s Housing Crisis Squeezing The Middle Class

By Stephen Frank on Aug 08, 2016 07:39 pm
San Fran has squeezed the middle class out of town and State.  Los Angeles has done the same.  Both towns have three categories of residents.  The very rich, the very poor and the illegal aliens.  The middle class has moved out.  Fresno, has one of the worst housing markets in the State for the middle […]

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Marin public pension fund’s investment earnings disappoint

By Stephen Frank on Aug 08, 2016 07:36 pm
Marin County pension system is run by geniuses, when compared to those running CalPERS and CalSTRS.  In comparison to real world pension folks, these people need a new line of work where they can’t hurt themselves or others—maybe filling taco shells?  CalPERS received a .61% return on investment, CalSTRS had 1.2%–and Marin County had a […]

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Lawsuit challenges license suspensions for LA County unpaid tickets

By Stephen Frank on Aug 08, 2016 07:34 pm
In California if you steal less than $950, nothing happens to you.  So shoplifting is OK, car break-ins are OK—stealing a wallet is OK.  There are other ways to avoid punishment for crimes—be a $15 an hour worker, be on welfare or a poor college students, get traffic tickets and if a lawsuit wins, you […]

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In Case You Missed It:

Why California is Considered a CRAZY State: San Diego Study Shows How Music Can Affect Public Perception Of Sharks
The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs
Cut Welfare by Up To 80%: Include Work Requirement
Legacy program aims to keep longtime SF businesses thriving
The Town that Privatized Everything

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