Dan Walters: California GOP continues its plunge into irrelevance
By Stephen Frank on Apr 03, 2017 08:35 pmRepublicans in California need to face reality. On March 7, 2017 I wrote the editorial, “Munger’s Well-Intentioned But Stupid Plan That Handed Over California to the Democrats. Over the past four years I have written about the policies of the California Republican Party that was pushing us into irrelevance. For instance in 2016 we spent […]
Read More and Comment: Dan Walters: California GOP continues its plunge into irrelevance
Why Law Enforcement Arrests Are Declining as Crime Rises
By Stephen Frank on Apr 03, 2017 08:32 pmLet’s get real. For eight years, if a cop arrested someone of color, the cop was in trouble, had to hire an attorney, maybe have a trial. Thanks to Prop. 47, many felonies are now tickets or minor misdemeanors. Steal under $950 worth of goods from a car and you get a ticket. In 2016 […]
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PETA Says Milk is a ‘Symbol of White Supremacy’–Seriously!
By Stephen Frank on Apr 03, 2017 08:29 pmThe crazies are at it again. Now PETA (People Eating Tasty Animals) is claiming that milk is really a symbol of racism and white supremacy. Are they nuts or just looking for publicity? Are cows members of the KKK? Are farmers lynching kids that do not drink milk? “PETA’s shenanigans vary from the absurd to […]
Read More and Comment: PETA Says Milk is a ‘Symbol of White Supremacy’–Seriously!
AB 1578–Democrats to Make California a “Sanctuary State” for Marijuana—Not a Joke
By Stephen Frank on Apr 03, 2017 08:26 pmHas California leaders smoked too much pot or drank too much fermented grapes? You would think they have some common sense and an IQ above room temperature. We passed Prop. 47 and crime is spiking—while cops are afraid of making arrests. In 2016 Californians bought over one million guns, since few expect government to protect […]
Read More and Comment: AB 1578–Democrats to Make California a “Sanctuary State” for Marijuana—Not a Joke
Pension Crisis Too Big for Markets to Ignore
By Stephen Frank on Apr 03, 2017 08:24 pmPension liabilities, nationwide are between $3-4 trillion—With CalPERS unfunded liability at $1.4 trillion—to go up $280 billion this year. CalSTRS, the teachers’ pension system is losing another $21 billion this year and the State taxpayers will have to bail out the system,. Today California government schools pay around 4% for the pension==in 2020 it could […]
Read More and Comment: Pension Crisis Too Big for Markets to Ignore
CalSTRS Collapsing—Needs More State Tax $$ to Stay Open
By Stephen Frank on Apr 03, 2017 08:21 pmCalSTRS claimed in 2015-16 to receive a 7.5% return on investment. (ROI). In fact the ROI was 1.2%–with billions added to the unfunded liability. This coming year it is expected to get 7%–but no one believes that. They are increasing on July 1, 2017 an average of 13%–and that will only harm the children. Now […]
Read More and Comment: CalSTRS Collapsing—Needs More State Tax $$ to Stay Open
California Desert Towns Become Haven for a New Crop: Marijuana
By Stephen Frank on Apr 03, 2017 08:19 pmThe Central Valley became the home of the almond crop. A great money crop. Ventura County is known as the center for growing strawberries. The Silicon Valley is known for growing technology and jobs. The desert, land of sand, casinos and retirement homes now has a new industry—marijuana. “Leading the pack is Desert Hot Springs, […]
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Newest Victim of Prop. 47: The People of Napa County
By Stephen Frank on Apr 03, 2017 08:16 pmWhen you make felonies into misdemeanors, you need to expect more crime. Prop. 47 allows you to steal up to $950 worth of goods from a car and only get a ticket, if caught. In San Luis Obispo, 2016 saw a 52% increase in thefts from cars. The only surprise is that it was not […]
Read More and Comment: Newest Victim of Prop. 47: The People of Napa County
Next Victim of CalPERS: Pasadena
By Stephen Frank on Apr 03, 2017 08:13 pmOver the next four months, we will see, each day, another victim of the CalPERS collapse—the forced increased by an average of 13% for mandatory contributions. Without new taxes and/or cuts in basic services, city after city will either go bankrupt or allow weeds to grow and criminals to roam the streets. “The problem and […]
Read More and Comment: Next Victim of CalPERS: Pasadena
California Supreme Court Rules Bank Robbing is Really Shoplifting—NOT a Joke
By Stephen Frank on Apr 03, 2017 08:11 pmThis story is not a late April Fools Joke. But, it is a j0oke on the people of California, their safety and common sense. “A man who entered a bank to cash stolen checks is eligible, under Proposition 47, to have his conviction for second degree burglary reduced to misdemeanor shoplifting, the California Supreme Court […]
Read More and Comment: California Supreme Court Rules Bank Robbing is Really Shoplifting—NOT a Joke
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