Monthly Archives: August 2011

Rep. Ron Paul Rips FEMA as Flawed Bureaucracy

As Hurricane Irene, now a tropical storm, ravaged the Eastern Seaboard, Republican presidential candidate Ron Paul railed at the Federal Emergency Management Agency (FEMA) in charge of crisis management associated with natural disasters, according to Politico. Read more… Advertisements

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Californians Angry at Local Gov’t: Recalls Starting

Government is mismanaged, incompetent or corrupt.  In Lindsay, California–home of the best olives grown in America–the city council takes the cake.

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The Unemployment Empty Promise

Sometime next week—we don’t quite know when—President Barack Obama is due to announce his latest jobs plan designed to lift America out of its unemployment doldrums. And though we also don’t know the exact details of the plan, there’s a … Continue reading

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What CalPERS REALLY Thinks They’ll Earn – 3.8%

When the taxpayer is backing up the entire liability for the pensions  received by members of the California Public Employees Retirement  System, then CalPERS officials are exuberant about the stock market.  They insist that a predicted rate of return of … Continue reading

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California plunges to bottom in new business creation

Thought you should know:   “From 2001 to 2009, California ranked either first or second in the nation in creating businesses. But last year, the state plummeted to 50th as it lost 4,600 businesses,”

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‘Tea party’ group fires back at Maxine Waters over ‘hell’ comment

A “tea party” group has fired back at Rep. Maxine Waters (D-Los Angeles), who during a Saturday forum for unemployed people in Inglewood said “the ‘tea party’ can go straight to hell.” Read more…

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CA Unfunded Pensions Triple to $884 Bil

The three largest California public retiree plans — CalPERS, CalSTRS and UCRS, which administer the pensions of approximately 2.6 million California state and local public current and retired employees — have been under tremendous scrutiny since last year’s release of … Continue reading

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