Public Banks Driven by Political Agendas; A Test of Public Banks in LA
Gov. Gavin Newsom signed AB 857 to allow California cities and counties to establish public banks. A political agenda was behind the move to public banking and in the end it could be extremely costly and unmanageable for taxpayers. Los Angeles city, in particular, may be a test case for the validity of public banks […]
Split Roll Vig
Proponents of the split roll property tax increase surfaced a third version of their measure last month, tweaking it in hope of assuaging assessors and others responsible for making sense of the behemoth. At the time I complained that the new version “would siphon off tens of millions of dollars to support the crushing implementation […]
Sen. Hertzberg Responds; CA Taxes; FBI Comes Calling in LA
California State Senator Bob Hertzberg comments on my column. My recent RantZ regarding Senator Bob Hertzberg ELIMINATING the Posse Comitatus law in California drew a quick and defensive response from the Senator. The legal requirement compelling a person to assist a police officer during an arrest when ordered by the officer, prompted the Senator to […]
Harris Campaign in Trouble
Let’s not sugar-coat it. At 8% among likely Democratic primary voters in both the recent PPIC and IGS polls, junior U.S. Senator Kamala Harris’s presidential campaign is in deep trouble. It’s not that number itself, but rather that 66% of California likely voters have settled on Joe Biden, Bernie Sanders, or Elizabeth Warren. Only 9% […]
Update on Governor’s Bill Signing Activity
Through Friday, October 4, the Governor has acted on 549 bills. He has signed 526 bills and vetoed 23 bills. That is a current veto rate of 4.2%. Governor Newsom has seven days remaining until the Sunday, October 13 at midnight deadline for final bill actions. The Governor has 488 bills remaining on his desk. […]