Archive for January, 2016

The Institutionalization of Corruption at the VA


Saturday January 30th, 2016   •   Posted by Craig Eyermann at 7:08am PST   •   0 Comments

The ongoing ethical meltdown of the leadership at the U.S. Department of Veterans Affairs took a new, nasty turn for the worse on Friday, January 29, 2016, as Kimberly Graves, who was “demoted” along with fellow VA executive Diana Rubens after having been found to have abused their power by securing cushy new jobs...
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Government Waste Terrible for Taxpayers


Friday January 29th, 2016   •   Posted by K. Lloyd Billingsley at 5:26am PST   •   0 Comments

As we noted in 2014, the State Board of Equalization (BOE) headquarters in Sacramento has been dubbed the “Terror Tower,” with good reason. It has been plagued with invasive mold, leaking windows, burst pipes, unreliable elevators, falling glass and traces of toxic substances. Someone was looking the other way when this atrocity was built,...
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The New Household Burden of National Debt


Wednesday January 27th, 2016   •   Posted by Craig Eyermann at 5:54am PST   •   0 Comments

After 7 full years in office, President Barack H. Obama has added an amount equal to $70,612.91 per U.S. household to the U.S. national debt. CNSnews‘ Terence P. Jeffrey does the math to back that figure up: The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in...
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Bridge Over Water Troubles?


Tuesday January 26th, 2016   •   Posted by K. Lloyd Billingsley at 5:00am PST   •   0 Comments

The stylish new eastern span of the San Francisco–Oakland Bay Bridge cost $6.4 billion, about $5 billion more than the original estimate, and came in ten years late. As we noted two years ago, all that time and money could not prevent hundreds of leaks during the first winter storm. A supposedly watertight steel...
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Fire the Coastal Commission, Not Just the Boss


Monday January 25th, 2016   •   Posted by K. Lloyd Billingsley at 5:24am PST   •   1 Comment

As Tony Barboza notes in the Los Angeles Times, the California Coastal Commission is “the most powerful land-use agency in the nation” and some of the 12 commissioners want to fire the boss, Charles Lester. This action should serve as a timely reminder for Californians of the abuse they face at the hands of...
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What’s Really Driving Up the Nation’s Deficits?


Friday January 22nd, 2016   •   Posted by Craig Eyermann at 6:01am PST   •   0 Comments

Earlier this week, we looked at whether tax cuts were responsible for reversing the downward trend in the U.S. government’s projected budget deficits over the next 10 years, at least as is being repeatedly suggested by the mainstream media in its reporting on just-released analysis by the Congressional Budget Office. We said no, which...
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Pension Reform Rollback Shows True “State of the State”


Friday January 22nd, 2016   •   Posted by K. Lloyd Billingsley at 5:01am PST   •   0 Comments

Long before his latest State of the State address, governor Jerry Brown has been proclaiming that California is back, and as City Journal California associate editor Ben Boychuk notes, there is some ground for optimism. The Golden State has enjoyed impressive job growth over the past three years and this year might overtake Brazil...
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Ruling Class Reactionaries Set Back Pension Reform


Wednesday January 20th, 2016   •   Posted by K. Lloyd Billingsley at 11:00am PST   •   0 Comments

A major statewide pension reform measure will not, as expected, be on the 2016 ballot. That is bad news for California’s working taxpayers. As Lawrence McQuillan notes, California accounts for $550 billion to $750 billion of the nation’s total unfunded pension liabilities. In his research for California Dreaming: Lessons on How to Resolve America’s...
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CBO: Fictional, Real Deficit Projections Converge


Tuesday January 19th, 2016   •   Posted by Craig Eyermann at 6:04pm PST   •   0 Comments

If you paid attention to the news from Washington, DC today, you might think that the cause of deficit reduction took a big hit today because of a number of tax cuts that were made permanent. Here’s how NPR reported the story: Once Upon A Time, Congress Cut Deficits; Now CBO Says That’s Over...
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Governor’s Tunnel Vision Gets Worse


Monday January 18th, 2016   •   Posted by K. Lloyd Billingsley at 10:40am PST   •   0 Comments

As we have noted, governor Jerry Brown wants to drill two massive tunnels under the Sacramento-San Joaquin River Delta. The total cost of his Delta conservation plan is $25 billion, but based on projects such as Boston’s “Big Dig,” and a highway tunnel project in Seattle, the cost would be much higher. A coalition...
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