Steven Greenhut

Business & Economics

Democrats dreamin’ — a public demanding tax hikes

California’s Assembly Democrats want you to be part of the state’s budget solution, which is how they are touting a series of live budget forums across the state. One took place Saturday in San Diego and the next one is scheduled May 13 in the Bay Area city of Albany. ...
Business & Economics

Referendum on unions in OC

Voters in North Orange County on June 8 will fill the Fourth Supervisorial District seat vacated by Chris Norby when he was elected to the state Assembly to replace Mike Duvall, of sex-scandal fame. Most residents probably don’t think too much about the Board of Supervisors, but there is one ...
Business & Economics

Even ‘SNL’ is on to government unions

SACRAMENTO – As government employee unions were negotiating their lucrative retirement deals during the rising economic tide of the past decade, they promised cities and counties that the deals would pay for themselves, citing fanciful rates of return on investment income. Now that the economic tide is no longer rising, ...
Business & Economics

Get in line, and take a number

SACRAMENTO – I’ve experienced several months where, for one reason or another, I’ve been stuck wrestling with various bureaucracies, of the governmental and corporate variety. It’s a frustrating, time-consuming and, ultimately, dehumanizing process. You’re always a number. Most everyone at the other end of those darned customer “service” lines is ...
Business & Economics

Pension crater much deeper

SACRAMENTO – A new report from Stanford University’s well-respected economic policy institute has revealed that those of us who have been warning about California’s severely underfunded public employee retirement systems have, quite frankly, been wrong. We have been understating the scope of the problem. Pension critics, myself included, have been ...
Business & Economics

Jerry Brown: older, not wiser

Now that California Attorney General Jerry Brown is an official candidate for governor, we’re getting to relive some California political history as pundits and reporters think back to Brown’s first stint as governor (1975-83) along with some of the entertaining facets of his long and bizarre political career. The basic ...
Business & Economics

Vallejo Goes for Broke

Can bankruptcy save California’s cities from staggering pension obligations? As California cities and counties struggle to fulfill the generous pay and pension commitments that they made to public employees during flush economic times, some politicians have taken comfort in a usually forbidding word: bankruptcy. Top officials in Los Angeles and ...
Agriculture

Enviros trade in human misery

SACRAMENTO – One of the most unusual vote-buying scams the Obama administration may have used to pass its health care socialization plan was an alleged promise to two Democratic congressmen to increase federal water supplies to the San Joaquin Valley. It’s the nation’s most fertile farm region, but a region ...
Business & Economics

Vallejo’s Painful Lessons in Municipal Bankruptcy

Two years after going broke, the California city still isn’t free of its crushing pension obligations. In 2008, Vallejo, Calif., was nearly broke. Faced with falling tax revenues, rising pension costs, and unmovable public-employee unions, the city was unable to pay its bills and declared bankruptcy. Now, as it prepares ...
Business & Economics

Legends in their own minds

SACRAMENTO – When people ask why I moved to Sacramento to write about California’s notoriously dysfunctional government, I say that, in the next two or three years, the government here is likely to (figuratively) crash and burn and that, as a journalist, I want a front-row seat for the action. ...
Business & Economics

Democrats dreamin’ — a public demanding tax hikes

California’s Assembly Democrats want you to be part of the state’s budget solution, which is how they are touting a series of live budget forums across the state. One took place Saturday in San Diego and the next one is scheduled May 13 in the Bay Area city of Albany. ...
Business & Economics

Referendum on unions in OC

Voters in North Orange County on June 8 will fill the Fourth Supervisorial District seat vacated by Chris Norby when he was elected to the state Assembly to replace Mike Duvall, of sex-scandal fame. Most residents probably don’t think too much about the Board of Supervisors, but there is one ...
Business & Economics

Even ‘SNL’ is on to government unions

SACRAMENTO – As government employee unions were negotiating their lucrative retirement deals during the rising economic tide of the past decade, they promised cities and counties that the deals would pay for themselves, citing fanciful rates of return on investment income. Now that the economic tide is no longer rising, ...
Business & Economics

Get in line, and take a number

SACRAMENTO – I’ve experienced several months where, for one reason or another, I’ve been stuck wrestling with various bureaucracies, of the governmental and corporate variety. It’s a frustrating, time-consuming and, ultimately, dehumanizing process. You’re always a number. Most everyone at the other end of those darned customer “service” lines is ...
Business & Economics

Pension crater much deeper

SACRAMENTO – A new report from Stanford University’s well-respected economic policy institute has revealed that those of us who have been warning about California’s severely underfunded public employee retirement systems have, quite frankly, been wrong. We have been understating the scope of the problem. Pension critics, myself included, have been ...
Business & Economics

Jerry Brown: older, not wiser

Now that California Attorney General Jerry Brown is an official candidate for governor, we’re getting to relive some California political history as pundits and reporters think back to Brown’s first stint as governor (1975-83) along with some of the entertaining facets of his long and bizarre political career. The basic ...
Business & Economics

Vallejo Goes for Broke

Can bankruptcy save California’s cities from staggering pension obligations? As California cities and counties struggle to fulfill the generous pay and pension commitments that they made to public employees during flush economic times, some politicians have taken comfort in a usually forbidding word: bankruptcy. Top officials in Los Angeles and ...
Agriculture

Enviros trade in human misery

SACRAMENTO – One of the most unusual vote-buying scams the Obama administration may have used to pass its health care socialization plan was an alleged promise to two Democratic congressmen to increase federal water supplies to the San Joaquin Valley. It’s the nation’s most fertile farm region, but a region ...
Business & Economics

Vallejo’s Painful Lessons in Municipal Bankruptcy

Two years after going broke, the California city still isn’t free of its crushing pension obligations. In 2008, Vallejo, Calif., was nearly broke. Faced with falling tax revenues, rising pension costs, and unmovable public-employee unions, the city was unable to pay its bills and declared bankruptcy. Now, as it prepares ...
Business & Economics

Legends in their own minds

SACRAMENTO – When people ask why I moved to Sacramento to write about California’s notoriously dysfunctional government, I say that, in the next two or three years, the government here is likely to (figuratively) crash and burn and that, as a journalist, I want a front-row seat for the action. ...
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