California’s Attempt At “Massive Resistance”
California’s decision to become a “Sanctuary State” and defy the federal government on immigration, likely to become law later this month, places California in the company of state’s rights extremists that once tried to stop public school integration by much the same means. In 1956, in response to the Supreme Court’s 1954 school integration decision, […]
California already may be paying for Trump’s hypothetical tax cuts
Tax reform may not be much more than a glimmer in the eye of Republicans in Washington D.C., but their promise of lower rates and closed loopholes appears to be already jostling state and local finances. Exhibit One comes in the form of a disappointing haul for California tax collectors this summer. In June, the […]
Reconciling the three Democratic parties
With President Donald Trump’s Dr. Demento impersonation undermining his own party, the road should be open for Democrats to sweep the next election cycle. And, for the first time since their horrific defeat of 2016, not only nationally but also in the states, the Democrats are slowly waking up to the reality that they need […]
CalPERS’ divestment goals in crosshairs as coal stocks soar
A newly released report from the California Public Employees’ Retirement System confirms that, fulfilling the Legislature’s directive to divest from coal-related investments, the pension fund has now largely exited from coal stocks. But as news reports this week suggest, this “socially responsible” investment policy has come at a price, as coal stocks soar under the Trump administration’s […]