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California Public Employee Unions New Tool

Judging from his initial efforts to trim California's historically bloated budget, the California employee union's have a useful new tool in the governor the helped elect. It's a fair bet that he'll huff and puff and try to cut everything but the one, major thing that's breaking the Golden State's bank - public employee union pensions and entitlements. After all, last time he was governor he approved their efforts to organize with the consequence that public employees no longer serve the citizens of our fair state. Today, it's the other way around.

By | January 23rd, 2011|0 Comments

Governor Brown Upends Petaluma

Word is that Governor Jerry wants to eliminate Municipal Redevelopment Agencies as part of his efforts to clean up California's fiscal disaster. I believe this is akin to shutting off the water while trying to put out a fire. Can this be anything but further evidence that most career politicians don't understand business, finance, or economics. I guess they have to learn the hard way. Though it seems that when politicians are learning, the lessons are hardest on us, and not them. Eventually, when The Great Recession is receding in our rear view mirror, I hope that we'll all be a little wiser, and just just a little older.

By | January 20th, 2011|0 Comments