Coupal: Pension bomb fuse just got shorter
By Stephen Frank on Apr 10, 2020 09:27 pmThe Stanford Institute on Pensions, run by former Democrat Assemblyman Joe Nation says that CalPERS has over one trillion in unfunded liabilities. That was before CalPERS lost $69 billion in equity assets in the stock market due to the Virus. Riverside is looking at a $700 million Pension Obligation Bond—and implementing it without a vote […]
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Chris Wallace: If Trump is seen as handling health, economic crisis well, ‘I don’t see how he gets beat’
By Stephen Frank on Apr 10, 2020 09:24 pmThis is the time to double our efforts on behalf of the re-election of President Trump. We must also elect good folks to the State legislature and Congress. While State GOP leaders are telling candidates to ignore the President, those that do could force Trump supporters not to vote for them. How many will lose […]
Read More and Comment: Chris Wallace: If Trump is seen as handling health, economic crisis well, ‘I don’t see how he gets beat’
Gorian: Let’s get Through This Crisis/Faith Helps
By Stephen Frank on Apr 10, 2020 09:20 pmThis is a letter to the editor, written by a local businessman and Christian. He attends the church in Newbury Park where they held Palm Sunday communion. Tomorrow, Easter Sunday, California Christians, for the most part, will not be allowed to attend church services, at a church. Imagine is a nation formed on the basis […]
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City Manager Projects Millions in City Revenue Losses
By Stephen Frank on Apr 10, 2020 09:16 pmWatch out for Clovis. This is as well run a town in California. Yet, they will find themselves in deep economic poop due to the Wuhan Virus and the closing down of the economy. ““We had staff put together an estimate for this current quarter that we are in, April through June, and as to […]
Read More and Comment: City Manager Projects Millions in City Revenue Losses
L.A. County Promotes Corrupt Vote Counts
By Stephen Frank on Apr 10, 2020 09:09 pmHere is how corrupt L.A. County elections have become. They create a system of fraud, then when you want an honest count, the County wants to bankrupt you—just to get an honest count. “When the new Voting Solutions for All People (VSAP) system was rolled out, Logan reassured voters repeatedly that the electronic equipment was […]
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BART’s coronavirus fear: Even after pandemic, not all riders may come back
By Stephen Frank on Apr 10, 2020 09:04 pmBefore the virus, BART was losing riders. The more they spent to expand the system, the fewer the riders. BART trains are known to be physically dangerous and unhealthy, dirty cars on the rails. The virus reminds people, shoving them elbow to elbow for 45 minutes with sick people, disease laden people is dumb. Expect […]
Read More and Comment: BART’s coronavirus fear: Even after pandemic, not all riders may come back
Frank: California Government Makes Recovery More Difficult
By Stephen Frank on Apr 10, 2020 08:59 pmLets get real. California has a $1.5 trillion unfunded series of liabilities and only $21 billion in “reserves”. In fact the State pension systems, CalPRS and CalSTRS, plus the health care system, alone are over one trillion in unfunded liabilities. They are collapsing—and that was before the current crisis. In a two week period CalPRS […]
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California regulators should pause Privacy Act rules
By Stephen Frank on Apr 10, 2020 08:52 pmThink your private information is safe? Based on a new California law it is. Of course the law does not stop hackers from getting the information, from government sharing the information, government agencies misusing the information. “While the attorney general has yet to release final regulations governing the implementation of the law, the claims adjusting […]
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Central state newspapers being bought up
By Stephen Frank on Apr 10, 2020 08:42 pmThe dead tree industry continues its slow death. By merger, small newspapers are being run by large corporations having little to do with the community they “serve”. Due to the virus many `alternative newspapers have closed. That is because with small businesses closed, they had no revenues. “Canadian-based Santa Maria News Media Inc continues to […]
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Sen. John Kennedy: ‘Coronavirus Can Kill You – But, So Can Poverty;’ ‘We’ve Got to Get This Economy Open’
By Stephen Frank on Apr 10, 2020 08:37 pmHow long can Americans stand an unemployment rate that will reach 30% if we do not open business SOON. Some have suggested 50% of small businesses will not be re-opened if this goes on till Jun 1. Worse you have Democrats wanting to make sure we did not have a re occurrence of the virus, […]
Read More and Comment: Sen. John Kennedy: ‘Coronavirus Can Kill You – But, So Can Poverty;’ ‘We’ve Got to Get This Economy Open’
The California Political News and Views would like tips, suggestions and advance information of local and state government action and legislation. Send the information to Steve Frank at stephenfrank@sbcglobal.net
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