Here are a few predictions for next year. It will be hot in Dallas in July, it will be cold in Stockholm in February, and Governor Jerry Brown of California will ask Uncle Sam for some sort of bailout. I’m actually not sure about the first two predictions, but I think the last one is […]
read more...There is a famous statement attributed to Pastor Martin Niemöller, who was imprisoned by Hitler’s National Socialist regime and barely survived the concentration camps. They came first for the Communists, and I didn’t speak up because I wasn’t a Communist. Then they came for the trade unionists, and I didn’t speak up because I wasn’t a […]
read more...I’ve avoided this topic in recent weeks because it’s too depressing, but this story is too outrageous to ignore. The County of Los Angeles has 199 bureaucrats who “earned” more than $250,000 last year. According to Census Bureau data for 2008, the median household income in the county was 55,000, Here’s a blurb from the […]
read more...I ran across two interesting lists showing how politicians at the state and local level are often just as bad as the ones in Washington, DC. First, Forbes has an article identifying the 10 states with the highest income tax rates. The top rate is a big deterrent to entrepreneurs and investors, but it’s also […]
read more...If you have municipal bonds issued by the city of Los Angeles, you may want to dump them while there’s still time. The LA Times reports that one-third of the city’s budget in 2015 will get consumed by pensions and benefits for retired bureaucrats. The cost of retirement benefits for Los Angeles city employees will […]
read more...Even I am shocked about how politicians and bureaucrats are bilking the poor people of Bell, California. I wish I had this example reported by Bloomberg for my video on overpaid bureaucrats, but mostly I hope that taxpayers rise up in revolt against the way the insiders are scamming the system and ripping off society’s productive […]
read more...Oakland politicans have created a fiscal crisis by spending too much money. This has caused strife with the police union according to a San Francisco paper. The details of the fight are not very remarkable, but I was stunned to read that the average compensation for a cop is $188,000 per year. I have plenty of […]
read more...This is something that could only happen in San Francisco. The city’s bureaucrats are considering a proposal to ban selling pets. Oops, I just committed a thought crime. They are called “companion animals,” not pets. Anyhow, the plan to ban them would have to be approved by the Board of Supervisors. Whether this happens will […]
read more...This has not been a good period of time for California’s moocher class. A public uproar recently forced the state to prevent welfare recipients from using government-provided ATM cards in casinos. Now there’s a similar storm brewing about handouts being obtained using ATMs in strip clubs. Here’s a report from the LA Times. California welfare recipients […]
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