Steven Greenhut
California
Gov. Brown’s decent pension plan is a long shot
Despite some encouraging details in Gov. Jerry Brown’s recently announced pension-reform proposal, there’s virtually no chance the state will seriously reform — or even seriously attempt to reform — a system creaking under the weight of about $500 billion in unfunded liabilities. The proposal isn’t bad. It doesn’t go far ...
Steven Greenhut
November 6, 2011
Agriculture
Rural rebellion brewing
The nearly five-hour drive from the Sacramento area to Yreka, in Siskiyou County by the Oregon border, was a reminder not just of the immense size and beauty of California, but of the vast regional and cultural differences one finds within our 37-million-population state. Sacramento is Government Central, a land ...
Steven Greenhut
October 30, 2011
Business & Economics
Honesty, No More Subsidies
President Obama’s plan to change federal lending rules so people who are under water in their mortgages can refinance will make a political point about Republican intransigence on his jobs package but won’t sway many voters. The truth: the housing market will not rebound until the banks get their backlog ...
Steven Greenhut
October 25, 2011
Agriculture
California global warming law choking food processors
As California’s unemployment rate hovers above 12 percent, even the state’s Democratic leaders – notorious for regulating, taxing and complaining about California’s business community – are talking about jobs. They are championing the occasional job expansion in Silicon Valley (i.e., a new Dell research and development center) and proposing their ...
Steven Greenhut
October 22, 2011
California
All in the “Family”
To outsiders, liberal San Francisco may seem preoccupied with leftist protesters occupying prime real estate in the Financial District or with debating proper restaurant etiquette for the city’s small but flagrant nudist population, or until recently, with arguing whether male circumcision should be outlawed. But the prospect of bankruptcy focuses ...
Steven Greenhut
October 21, 2011
California
In the end, Jerry Brown is just a union guy
As the legislative session came to an end, some Capitol observers expressed a glimmer of hope that Gov. Jerry Brown would be the independent, reform-minded governor that he swore he would be when he ran for office. After the governor argued that not every problem deserves a government solution when ...
Steven Greenhut
October 16, 2011
Business & Economics
Hypocritical pension funds lecture others
The nation’s two largest pension funds, the California Public Employees’ Retirement System and the California State Teachers’ Retirement System, have been plagued by myriad fiscal problems, and even a corruption scandal in the case of CalPERS, and yet these systems continue to lecture the private sector on ethical corporate governance. ...
Steven Greenhut
October 9, 2011
Agriculture
Delta Water rules smelt of extremism
If you want to understand the fundamental things wrong with our nation and California, in particular, you ought to peruse the 140-page opinion recently issued by Judge Oliver Wanger in the “Consolidated Delta Smelt Cases.” It describes many of the most frustrating elements in our society – abuses of federal ...
Steven Greenhut
October 3, 2011
California
Heed Your Libertarian Impulse, Gov. Brown
It’s time for Gov. Jerry Brown to release his inner libertarian. I know. This sounds nuts, or born of wishful thinking. The governor has spent his first months in office advocating more government spending and protecting the ravenous public-sector unions that helped elect him to office. But deep down – ...
Steven Greenhut
September 23, 2011
California
City leaders playing unfair pension politics
San Francisco officials ought to be looking out for the best interests of The City’s taxpayers and assuring that hard-pressed public services remain well-funded, but instead, they are protecting city unions, particularly the police and fire, by engaging in some questionable political gamesmanship. At issue are competing pension-reform initiatives sponsored ...
Steven Greenhut
September 18, 2011
Gov. Brown’s decent pension plan is a long shot
Despite some encouraging details in Gov. Jerry Brown’s recently announced pension-reform proposal, there’s virtually no chance the state will seriously reform — or even seriously attempt to reform — a system creaking under the weight of about $500 billion in unfunded liabilities. The proposal isn’t bad. It doesn’t go far ...
Rural rebellion brewing
The nearly five-hour drive from the Sacramento area to Yreka, in Siskiyou County by the Oregon border, was a reminder not just of the immense size and beauty of California, but of the vast regional and cultural differences one finds within our 37-million-population state. Sacramento is Government Central, a land ...
Honesty, No More Subsidies
President Obama’s plan to change federal lending rules so people who are under water in their mortgages can refinance will make a political point about Republican intransigence on his jobs package but won’t sway many voters. The truth: the housing market will not rebound until the banks get their backlog ...
California global warming law choking food processors
As California’s unemployment rate hovers above 12 percent, even the state’s Democratic leaders – notorious for regulating, taxing and complaining about California’s business community – are talking about jobs. They are championing the occasional job expansion in Silicon Valley (i.e., a new Dell research and development center) and proposing their ...
All in the “Family”
To outsiders, liberal San Francisco may seem preoccupied with leftist protesters occupying prime real estate in the Financial District or with debating proper restaurant etiquette for the city’s small but flagrant nudist population, or until recently, with arguing whether male circumcision should be outlawed. But the prospect of bankruptcy focuses ...
In the end, Jerry Brown is just a union guy
As the legislative session came to an end, some Capitol observers expressed a glimmer of hope that Gov. Jerry Brown would be the independent, reform-minded governor that he swore he would be when he ran for office. After the governor argued that not every problem deserves a government solution when ...
Hypocritical pension funds lecture others
The nation’s two largest pension funds, the California Public Employees’ Retirement System and the California State Teachers’ Retirement System, have been plagued by myriad fiscal problems, and even a corruption scandal in the case of CalPERS, and yet these systems continue to lecture the private sector on ethical corporate governance. ...
Delta Water rules smelt of extremism
If you want to understand the fundamental things wrong with our nation and California, in particular, you ought to peruse the 140-page opinion recently issued by Judge Oliver Wanger in the “Consolidated Delta Smelt Cases.” It describes many of the most frustrating elements in our society – abuses of federal ...
Heed Your Libertarian Impulse, Gov. Brown
It’s time for Gov. Jerry Brown to release his inner libertarian. I know. This sounds nuts, or born of wishful thinking. The governor has spent his first months in office advocating more government spending and protecting the ravenous public-sector unions that helped elect him to office. But deep down – ...
City leaders playing unfair pension politics
San Francisco officials ought to be looking out for the best interests of The City’s taxpayers and assuring that hard-pressed public services remain well-funded, but instead, they are protecting city unions, particularly the police and fire, by engaging in some questionable political gamesmanship. At issue are competing pension-reform initiatives sponsored ...