The Business of the Sec. of State’s Office is (also) Business
To start a business in California – register the business in Nevada. That doesn’t make sense but that is what some business people did because it took time to start a small business in the Golden State. They registered their business in Nevada or some other state just so they can open a bank account and get […]
Reforming Proposition 13
In the current legislative session there has been a movement toward making changes in the Proposition 13 tax limits that voters approved in 1978. Democratic legislators have been emboldened to take on some key elements of the so-called “third rail of California politics” after the surprisingly easy passage of the Proposition 30 tax initiative in […]
State Must Act to Fund CalSTRS
The California State Teachers’ Retirement System (CalSTRS) liability is growing by $22 million per day, and California must act now before the shortfall becomes even more catastrophic. In response to this systemic deficit, I have introduced SB 984, new legislation that could appropriate up to $2 billion in emergency funding over the next two years […]
Retirement Security in America – A Tale of Two Contracts
Two people walked into a bank, somewhere in California. Both individuals needed to prepare financially for their retirement. Both of them earned about $80,000 per year. The first individual, Mr. Jones, was presented by the banker with a contract called “Social Security.” The contract read as follows: For as long as you work, you will give […]
To Watch or Not to Watch
I hope DirecTV and Charter and all the other non-Time Warner pay-TV carriers don’t buckle. They should hold out. They should not be bludgeoned into paying a huge extra amount just to broadcast the new Dodgers channel. I mean, the whole situation is kind of outrageous. Wait. What am I saying? I’m a customer of […]