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Relevance: 100% Posted on: July 18, 2014
Though the Democrats who run the failed state of California insist that Governor Jerry Brown is leading them to a new era of prosperity, the results are mixed at best. The state is riddled with public employee pension problems, environmental over-regulation, and high taxes, to list just a few. The…
Relevance: 100% Posted on: April 5, 1999
Ten years ago the partisan bickering in the California Legislature got so out of control that the legislators couldn't even pass a state budget. The gridlock closed the government down forcing the state to give IOUs to its workers and companies it did business with. Today, it's a new ball…
Relevance: 97% Posted on: August 30, 2010
Keeping loans and investments distinct is important not merely for business people, but for governments. Case in point? Mahmoud “Mike” Karkehabadi’s 89 felony counts of securities fraud and grand theft. The Laguna Niguel, California, movie maker is accused of turning his business into a Ponzi scheme. When his film Hotel California…
Relevance: 92% Posted on: November 27, 2003
Many readers have said to me, it's great that California voters kicked Governor Gray Davis out of office. But unless the policies change, California will still end up falling into the sea. Much as I agree with my own argument that it was virtually impossible for Californians to do worse…
Relevance: 90% Posted on: December 8, 2003
Truth is the first casualty of war. In the war against initiative and referendum, we've heard an awful lot that, well, just ain't so. Leon Panetta tells us that California is, quote, "increasingly paralyzed by initiatives." David Broder writes that politicians "have little room to maneuver." Laura Tyson says California…
Relevance: 90% Posted on: July 22, 2009
California is going bankrupt. Behind its economic trouble lies serious political dysfunction. What to do? To hear some Golden State legislators and experts talk, the problem can be blamed squarely on the people and their lawmaking power through the state’s initiative process. While initiatives like Prop 13 and term limits…
Relevance: 88% Posted on: September 23, 2003
The media talks about the California recall as if voters there are the victims of a natural disaster or suffering in some war-torn province. Words like "chaos" and mayhem" are thrown around so regularly that I have to keep reminding myself I'm not watching a retrospective on the LA riots…
Relevance: 87% Posted on: September 2, 2003
We've all been told that the attempt to recall California Governor Gray Davis is wild and crazy. Not so many realize that the state's voters have probably already benefited just from having the recall measure on the ballot. But Michael New of the Cato Institute has noticed. New notes that…
Relevance: 86% Posted on: May 11, 2023
The injustices pile up so thick and fast that one can’t really keep track. Some state governments are especially prolific in producing them. Governments like the Deadbeat State, formerly known as the Golden State. Now businesses in California must pay the price for the state government’s profligacy during the pandemic,…
Relevance: 82% Posted on: December 17, 2008
The California Coastal Commission sought to tear down a fence on private property. The fence, on the property of Martin and Janis Burke in Torrance, California, marks the boundary between public land and private land. This seems like a benign enough purpose. The “private” part of “private property” means you…