Steven Greenhut

Business & Economics

More ‘fixes’ won’t fix California

It’s easy to conclude that California may become, as former state librarian Kevin Starr put it, a “failed state.” It’s just too big, unruly and diverse to be effectively governed, commentators frequently say. SACRAMENTO – It’s easy to conclude that California may become, as former state librarian Kevin Starr put ...
Business & Economics

Where Are the Angry California Voters?

The G.O.P. in California has had to rely on candidates who can finance themselves. NO MONEY, NO MOVEMENT California is home to a large and energetic Tea Party movement but the state’s activists have not had much effect on the current election cycle. Timing, the size of California and the ...
Business & Economics

More on the right up for a fight

SACRAMENTO – For years, Republican establishmentarians have taken their grass-roots supporters for granted, knowing that, come Election Day, activists will vote for the lesser of two evils – i.e., that even a bad Republican is better than a Democrat. In the primaries, Republican leaders often back unprincipled candidates who are ...
Business & Economics

Some fight the good fight for freedom

I, as a nattering nabob, see negativism everywhere. The Legislature manages to do just about everything wrong. The Obama administration – like the Bush administration – is an embarrassment bordering on a disaster. Debt is rising, freedom is receding, and our governments keep getting bigger and more wasteful. I, as ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

Pension escape routes being cut

I’ve frequently argued that, as the state faces an unfunded pension liability that’s as high as $500 billion, legislators are not doing anything about a problem that is depleting public services and imposing additional debt and tax burdens on Californians. In fact, the state’s legislators are doing something: They are ...
Business & Economics

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Business & Economics

Corruption in America

ANNONCER: Welcome to a special edition of “Money Rocks: Corruption in America, the Bolling Files with Eric Bolling.” Jerry Brown’s investigating the corrupt town of Bell, California, but a law firm connected with that city’s attorney forked over thousands to Brown’s election campaign. This bell is cracked. When are the ...
Business & Economics

Democrats picking on oil companies

SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
Business & Economics

More ‘fixes’ won’t fix California

It’s easy to conclude that California may become, as former state librarian Kevin Starr put it, a “failed state.” It’s just too big, unruly and diverse to be effectively governed, commentators frequently say. SACRAMENTO – It’s easy to conclude that California may become, as former state librarian Kevin Starr put ...
Business & Economics

Where Are the Angry California Voters?

The G.O.P. in California has had to rely on candidates who can finance themselves. NO MONEY, NO MOVEMENT California is home to a large and energetic Tea Party movement but the state’s activists have not had much effect on the current election cycle. Timing, the size of California and the ...
Business & Economics

More on the right up for a fight

SACRAMENTO – For years, Republican establishmentarians have taken their grass-roots supporters for granted, knowing that, come Election Day, activists will vote for the lesser of two evils – i.e., that even a bad Republican is better than a Democrat. In the primaries, Republican leaders often back unprincipled candidates who are ...
Business & Economics

Some fight the good fight for freedom

I, as a nattering nabob, see negativism everywhere. The Legislature manages to do just about everything wrong. The Obama administration – like the Bush administration – is an embarrassment bordering on a disaster. Debt is rising, freedom is receding, and our governments keep getting bigger and more wasteful. I, as ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

Pension escape routes being cut

I’ve frequently argued that, as the state faces an unfunded pension liability that’s as high as $500 billion, legislators are not doing anything about a problem that is depleting public services and imposing additional debt and tax burdens on Californians. In fact, the state’s legislators are doing something: They are ...
Business & Economics

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Business & Economics

Corruption in America

ANNONCER: Welcome to a special edition of “Money Rocks: Corruption in America, the Bolling Files with Eric Bolling.” Jerry Brown’s investigating the corrupt town of Bell, California, but a law firm connected with that city’s attorney forked over thousands to Brown’s election campaign. This bell is cracked. When are the ...
Business & Economics

Democrats picking on oil companies

SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
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