In Governor’s Race, Left Turns Worry Business Community
In deep blue California, many Democratic gubernatorial candidates have their left turn blinker on constantly supporting policy moves in a progressive and risky direction. How does that sit with the state’s business community, which treasures certainty? While the business sector is not monolithic, there is a common concern expressed by all types of business leaders […]
Run as a Republican, Then Leave the State
I’m not a big fan of demanding certain pledges of political candidates, like the no-tax pledges that are so common. But I’d like to suggest that the California Republican Party push major statewide candidates to take a pledge – that they won’t quickly leave the state after they lose. The Republican record in recent statewide […]
Jerry Brown’s Big Skim
Governor Jerry Brown and the California Legislature have approved a scheme under which a special state fund filled with citizen-paid fees will lend money to the state General Fund, which in turn will contribute the proceeds to a state pension fund that in turn will invest in stocks in the hope of generating profits to […]
The Alameda Corridor Ponzi Scheme
Operationally, the Alameda Corridor has been a huge success. This 20 mile multitrack rail expressway that connects the Ports of Los Angeles and Long Beach to the downtown rail yards of Union Pacific and Burlington Northern has resulted in massive transportation efficiencies and savings by reducing the travel time of container laden freight trains from […]