Although Greece’s output is just three percent of the European Union economy, its financial collapse roiled continental markets and required an international bailout package. Imagine what would happen to U.S. markets if California, which is 17 percent of the national economy, experienced a Greek-style implosion. Far-fetched? Consider the similarities.
Post Tagged with: "California"
Palin endorsement of Fiorina in CA raises Tea Party questions
Is celebrity Sarah having an impact on GOP primary races?
California At The Breaking Point
California’s public-employee retirement funds are $500 billion in the hole. It’s news that unions and their candidate, Jerry Brown, don’t want to hear. From IBD Editorials Pensions: A new Stanford study says California’s public-employee retirement funds are $500 billion in the hole. It’s news that unions and their candidate, Jerry Brown, don’t want to hear. The government union money machine has had a good run. But increasingly there are signs that it is heading for a crackup with the taxpaying […]
First ObamaCare, now ObamaEd
It will be nearly impossible for grassroots parents and community members to effect change when problems arise. This will implement the real goal which is a “national curriculum” which pushes a particular ideological and political agenda.
GOP aides cite rudeness and cursing from Obama-pushed health-care calls
Obama’s storm troopers, a.k.a. Organizing for America, try to harass and intimidate.
Pentagon Shooter Legalized Pot Scandal Grows
Bedell is fast becoming the poster child for why NOT to legalize drugs. Watch for stories soon turning him into a victim of dependency on marijuana instead of the marijuana turning him into a paranoid psychotic.
Public sector unions clamor for more borrowing to fund their extravagant pensions and benefits bankrupting cities and states in the process
Shortfalls in states’ public-sector retiree pension and benefits plans, which reached $1 trillion in 2008 according to the Pew Charitable Trusts Center on the States, could bankrupt states absent reform.
California watchdog sees climate policy job losses
California is likely to see modest job losses in the near term from its aggressive climate change policy due to higher energy costs and other factors, the state’s independent Legislative Analyst’s Office said.
Public Sector Unions Tarnish the Golden State
Making the changes necessary to save the state will necessitate resisting the destructive influence of public sector unions. And that’s fine. It’s long past time that public sector unions start working to serve Californians, rather than demanding that Californians work ever harder to serve them.