Why Kashkari’s Failure to Understand Schwarzenegger Is a Problem

The problem wasn’t personality. But it’s not surprising that Neel Kashkari, pressed to explain why his plans to fix California would succeed after Arnold Schwarzenegger’s plans failed, would latch onto the ex-governor’s personality. That personally is an awfully big target, after all. Kashkari pinned Schwarzenegger’s problems on wanting too much to be loved. That’s diagnosis […]

Notes from the Weekend: Perez Out; Investors of High Speed Rail in?

John Perez has ended his recount bid that had brought out critics of both Perez for seeking the recount and California’s bizarre recount system, itself, in which a candidate can choose the county votes he or she wished to explore. Given the small margin of defeat, there has also been carping about the Perez campaign […]

One Ballot Initiative, Six Times the Fun

California is huge. I do not necessarily mean that as a compliment. California is the nation’s most populous state. More than thirty-eight million people live in the Golden State. That is roughly twelve percent of the nation’s population. Add up the populations in about twenty-one of American’s least populous states and that will still not […]

AVERAGE Orange County Pension 88% of Final Salary

Would you take a 12 percent pay cut in exchange for a 100 percent reduction in work? In Orange County, if you’ve worked 30 years – say from age 25 until age 55 – that is exactly what you can expect. And many OCERS retirees receiving pensions in excess of their highest salary. For instance, […]