The Six States of California — New Laws or Old?
The Attorney General’s office yesterday released the title and summary for Tim Draper’s initiative proposal to divide California into six states. Whether the Silicon Valley entrepreneur is serious about pursuing this idea we will soon find out. However, it’s interesting to contemplate which current California laws these new states might adopt or abandon when officials […]
“Governor Brown, Cancel the Crazy Train”
Right now, millions of Californians are struggling. 17 percent of people are unemployed or are stuck in part-time jobs. Our schools are ranked 46th in the nation. We have the highest poverty rate in the country, 24 percent. But instead of focusing on fixing these problems, Governor Brown wants to spend $67 billion on the […]
Raiders of the Carbon Ark
When pitching new programs, politicians love their “dedicated” funds: highway trust funds, housing trust funds, environmental protection funds, wildlife-protection funds, and so on. Under California’s AB 32, California politicians partly sold the state’s cap-and trade program based on how much good could be done with the Greenhouse Gas Reduction Funds that would be raised through […]
The Tectonic Plates Shifting Under the California Job Market in 2014
The tectonic plates continue to shift under the California job market in 2014. Full time employment with benefits is replaced by contingent and part time employment, the labor force participation rate continues to fall, the competition for each position increases, the job tenure rate declines. The latest to weigh in on a number of these […]
Welcome Investments for L.A.’s Future
The “grand pour” was the center of attention in downtown Los Angeles this past weekend. The continuous concrete pour of the foundation for the new Wilshire Grand hotel and office tower set a record in the Guinness Book of World Records and attracted thousands of spectators. The 1,100 foot building will be the tallest in Los Angeles […]