Saturday, September 30, 2017

CALIFORNIA POLITICAL NEWS & VIEWS 09/30/2017 CALIFORNIA BANKRUPT AND REFUSES TO ADMIT IT!

Former Staffer to Receive $150,000 Settlement Over Labor Law Violation by Todd Spitzer

By Stephen Frank on Sep 29, 2017 08:49 pm
Many years ago when a Deputy District Attorney Todd Spitzer had to try murder cases, in two instances he had to leave the trial due to “emotional exhaustion”.  This is a Supervisor than has had FIVE chiefs of Staff in 5.5 years he has been in office.  One lasted just a few months.  He is […]

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California State DEBT: $1.5 TRILLION

By Stephen Frank on Sep 29, 2017 08:46 pm
“Even this may be understated. Using more conservative discount rates for the state’s pension systems, which many financial experts feel are more realistic than the systems’ own assumptions (even though these have been lowered somewhat in recent years), the unfunded pension liabilities alone have been estimated in the high hundreds of billions of dollars, and […]

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Another Unnecessary Sports Expense

By Stephen Frank on Sep 29, 2017 08:43 pm
Oakland, which is about to lose the Raiders in 2020, has hired an Executive Director, to in affect, close down the Oakland Coliseum—at a cost of one million dollars for the liquidator. “But less than three years later, McKibben, a former publisher of the Oakland Tribune and ex-chief of the Rose Bowl, has largely failed […]

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How sky-high housing costs make California the poorest state

By Stephen Frank on Sep 29, 2017 08:41 pm
Just a reminder.  California has 12 million in poverty and another 8 million in near poverty.  We are a State with the highest gas, income and corporate taxes and among the highest in sales taxes.  That is just for starters.  We have the highest cost housing and rentals in the nation, and this year alone […]

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Political ‘Chaos’ Could Hamper CA Job Growth: UCLA Study

By Stephen Frank on Sep 29, 2017 08:38 pm
Riots on campus.  Environmentalists killing jobs and housing.  Sacramento, in total. Raised our gas taxes by 82 cents a gallon—and diesel even more—meaning the cost of food and other items will go up, forcing more Californians in poverty or hitting the 10 freeway for Texas.  The chaos UCLA is talking about is the special interest […]

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Debt race: Sacramento police get pay raises as state’s retirement fund is projected to reach an unprecedented deficit

By Stephen Frank on Sep 29, 2017 08:35 pm
When your city raises pay for its employees, there is also an increase in the benefits and payments to Social Security, Medicare, workers Comp, health care and CalPERS.  In fact, the city of Oroville had to cut the pay of cops 10%, because of CalPERS.  My hometown of Simi Valley was forced to give the […]

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Next CalPERS victim: Oroville—10-% pay cut for cops

By Stephen Frank on Sep 29, 2017 08:31 pm
Oroville is facing bankruptcy, cut back in basic services, tax increases—all to finance the collapsing CalPERS—and it will not, and never, be enough.  How much longer will the cops stay working for the people of Oroville?  Not much longer.  He is why. “The city cut down its $1 million deficit to achieve a balanced budget […]

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CSU-Long Beach seeking prof to teach ‘Trans Studies’

By Stephen Frank on Sep 29, 2017 08:28 pm
Would you hire an employee with a degree in “Trans Studies”—whatever that is?  What qualifications in the real world do you have with classes in these subjects?  Is this the best way to spend limited tax dollars and high tuition fees to finance a propaganda class? “California State University, Long Beach is looking for a […]

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Oakland Middle School Teacher/Antifa Leader Arrested in “Scuffle”

By Stephen Frank on Sep 29, 2017 08:26 pm
Do you send your children to government schools?  Do you know who is teaching them and what they do in their spare time?  Oakland has a middle school teacher that promotes riots, violence, bigotry and hatred.  She has been arrested a few times and considers it is badge of honor to have a mug shot.  […]

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City of L.A. to Cut Investment Projections—Add $175 Million to $10 billion Unfunded Liability

By Stephen Frank on Sep 29, 2017 08:22 pm
The bad news is that the City of Los Angeles has a $10 billion unfunded pension system.  The worse news is that due to its management, that goes up by at least $175 million this year—could be worse. “Expected yearly earnings were cut from 7.5% to 7.25% following a unanimous vote by the City Employees’ […]

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In Case You Missed It:

A Word to CA Political Philanthropists: Watch What Politicians Do not What They Say
Eber: Free Speech Dying at UC Berkley
San Fran Unified Scams Voters on Bonds
More LAUSD seniors are on track to graduate–43% With “D” Average!
Cyber Security Experts Say California Vote Audit Has Exploitable Problems

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