Texas vs. California: January 24, 2013 Roundup

January 24th, 2013

Meant to put some of these up with Tuesday’s roundup and just misplaced them:

  • Orange County pension members find out that it’s not about politics, it’s about math.
  • Jerry Brown’s ostensibly balanced budget does nothing to pay down huge pension liabilities.
  • In the quest to shake ever-more-money out of the pockets of taxpayers, California just ignores that pesky “no ex post factor laws” section of the Constitution, eliminating a tax credit retroactively back to 2008.
  • More on that Moody’s recalculation of liabilities:

    Six California counties with their own pensions (instead of paying into the Golden State’s Public Employees’ Retirement System) would actually have to pay down $10 billion in pension deficits, versus the $4 billion they currently report bad on inflated rates of return. As a result, these counties would be expected by bondholders to pay out $1.4 billion a year just to pay down their pension deficits, more than double the $640 million they currently pay. For Contra Costa County near San Francisco, the percentage of property tax dollars devoted to pension deficit pay down would increase from 33 percent to 54 percent, crowding out funding for basic municipal activities. In short, these governments would be considered technically insolvent under Moody’s model.

  • That recalculation and other reforms should make California’s pension debt crises even more apparent.
  • CalPERS has a lot of ‘splain’ to do. Their rate of return and assets under management simply don’t add up.
  • It certainly can’t help that CalPERS managers are double-dipping for their own benefits.
  • High California taxes are one of the reasons the Sacramento Kings are about to become the Seattle Supersonics 2.0. Which seems fitting: the tax-and-spend kings in Sacramento don’t deserve a basketball team.
  • John Stossel: “It’s good that we have places like Texas and New Hampshire to which fed-up citizens can escape. In Europe, you’d have to leave your country to escape its worst laws.” And one of the states they’re escaping is California, “the Greece of America.”
  • Meanwhile, Texas notched its 72nd consecutive month with unemployment rates below the national average.
  • I Guess He Wasn’t Faking

    January 23rd, 2013

    From Dwight comes word that Amado Pardo, Austin Restaurateur, convicted murderer, Democratic fundraiser, and accused heroin dealer has died. Last week I reported that he was in a coma and released to hospice care.

    Obviously he won’t stand trial February 11 on the heroin distribution ring charges he was facing (though his wife has already plead guilty to one count of conspiracy to possess with intent to distribute a controlled substance).

    David Cameron Suddenly Remembers He’s a Tory

    January 23rd, 2013

    Well well well, maybe David Cameron has some cobbles after all.

    Cameron has generally presided over the “wettest” Tory administration the UK has seen since Neville Chamberlain, but today he delivered a veritable pipe bomb of a speech on the future of the European Union.

    First, the problems in the Eurozone are driving fundamental change in Europe. Second, there is a crisis of European competitiveness, as other nations across the world soar ahead. And third, there is a gap between the EU and its citizens which has grown dramatically in recent years. And which represents a lack of democratic accountability and consent that is – yes – felt particularly acutely in Britain.

    Also this:

    If Europe today accounts for just over 7 per cent of the world’s population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it’s obvious that it will have to work very hard to maintain its prosperity and way of life.

    While Obama is certainly doing his best to make sure America’s portion of that last figure increases (driving down Europe’s share as a side effect), what Cameron is saying here is both obviously true and absolutely unacceptable to the Euroelite: The European cradle-to-grave welfare state is unsustainable.

    And this:

    People are increasingly frustrated that decisions taken further and further away from them mean their living standards are slashed through enforced austerity or their taxes are used to bail out governments on the other side of the continent.

    Cameron basically stood up and pointed out that the Emperor has no clothes.

    Still more:

    More of the same will not secure a long-term future for the Eurozone. More of the same will not see the European Union keeping pace with the new powerhouse economies. More of the same will not bring the European Union any closer to its citizens. More of the same will just produce more of the same – less competitiveness, less growth, fewer jobs.

    “Hey dumbasses: stop digging!!”

    And still more:

    I want us to be at the forefront of transformative trade deals with the US, Japan and India as part of the drive towards global free trade. And I want us to be pushing to exempt Europe’s smallest entrepreneurial companies from more EU Directives.

    These should be the tasks that get European officials up in the morning – and keep them working late into the night. And so we urgently need to address the sclerotic, ineffective decision making that is holding us back.

    That means creating a leaner, less bureaucratic Union, relentlessly focused on helping its member countries to compete.

    In a global race, can we really justify the huge number of expensive peripheral European institutions?

    Can we justify a Commission that gets ever larger?

    Can we carry on with an organisation that has a multi-billion pound budget but not enough focus on controlling spending and shutting down programmes that haven’t worked?

    And I would ask: when the competitiveness of the Single Market is so important, why is there an environment council, a transport council, an education council but not a single market council?

    And here we have a Tory Prime Minister actually sounding like…a Tory! Who would have thunk it?

    Thatcher or Reagan he’s not, but this is bold stuff given the Eurocentric tenor of post-Thatcher UK governments.

    Oh: He also wants a referendum on EU membership by 2017.

    Reactions from the Eurocratic elite has been predictable: How dare Cameron slander our magnificently robed Emperor? And naturally all of them focus on the referendum than his substantive critique of the increasing collectivist, bureaucratic and unsustainable EU.

    Good show, Cameron old boy, good show. (Golf clap)

    Texas vs. California: January 22, 2013

    January 22nd, 2013

    Another quick roundup of Texas’ economic strength, and California’s blue state decline:

  • California isn’t just running out of money, it’s running out of children.
  • Thanks to more honest accounting rules, six more California counties are now officially bankrupt.
  • Despite which, pension funds are still in denial.
  • If Jerry Brown is skeptical about making government bigger he has a funny way of showing it.
  • Namely, he continues to kick the can down the road.
  • And he’s still handing out outsized benefits to public employee unions.
  • Texas is adding jobs across all income groups, and has more jobs than when The Great recession began. California hasn’t broken even.
  • The Texas economy is outpacing other U.S. states because “it has the financial strength of Germany and the cost competitiveness of China.”
  • Do Liberals Believe in Any Limiting Power on Government Action?

    January 18th, 2013

    Here’s a great description of natural rights from Judge Andrew P. Napolitano:

    As we have been created in the image and likeness of God the Father, we are perfectly free just as He is. Thus, the natural law teaches that our freedoms are pre-political and come from our humanity and not from the government, and as our humanity is ultimately divine in origin, the government, even by majority vote, cannot morally take natural rights away from us. A natural right is an area of individual human behavior — like thought, speech, worship, travel, self-defense, privacy, ownership and use of property, consensual personal intimacy — immune from government interference and for the exercise of which we don’t need the government’s permission.

    Read the whole thing, the main thrust of which is the role of the Second Amendment and the natural right of self-defense.

    However, with so many of the Democratic Party’s urban elites embracing atheism, is it is even possible for them to comprehend, much less agree with, a natural rights framework for limiting the power of government? Why should humans have any rights at all if they are, in Charles Murray describing the viewpoint of European elites, “a collection of chemicals that activate and, after a period of time, deactivate”? (And if you haven’t read Murray’s entire piece before, I urge you to do so.)

    There was a time when a good many patriotic liberal atheists believed in the Constitution as a sort of civil religion, even if they tended to ignore or downplay sections (such as the Second and Tenth Amendments) they weren’t wild about. But now a prominent liberal professor of constitutional law has just come out and said we should get rid of the Constitution because it doesn’t let liberals spend as much as they want, which is rather like a librarian endorsing burning books because they get dusty.

    So too, many liberals wanted to believe in a framework very similar to natural rights in order to ensure their children lived in a strong, free and fair America. But, as Murray points out, our elite are increasingly childless, because children are a hassle. So why should liberals worry if they’re bankrupting their children and grandchildren when they have none?

    Do modern American liberals believe in anything but their own smug sense of moral superiority? Or their own will to power? They seem distinctly uninterested in “a nation of the people, by the people, and for the people,” unless the people in question are their kind of people. Many see themselves as “citizens of the world,” with more in common with Eurocratic elites than with the working class lumpenproletariat shopping at Walmart. They seem uninterested in the baleful effects of welfare policy and unlimited illegal immigration on the poor as long as such policies continue to swell a permanent underclass of Democratic-voting dependents.

    Conservatives believe that America is a nation of free citizens first, not a political entity embodied in an all-powerful federal government. By contrast, liberals did not seem to have any limiting power to their conception of the size and power of the federal government (at least beyond sex). Is there any limiting factor they are willing to accept as a bedrock principle rather than a temporary expedient?

    Well, Who Hasn’t Misplaced $600,000?

    January 17th, 2013

    Top David Dewhurst campaign aide Kenneth “Buddy” Barfield has been accused of embezzling at least $600,000 from the Dewhurst campaign, starting all the way back in 2008. (This news evidently first came to light December 28, but I was distracted by tidings of comfort and joy.)

    I’ll just wait a moment while that sinks in. $600,000 is pretty freaking big chunk of change. It’s only a little bit less than Democratic Senate nominee Paul Sadler raised during his entire campaign. I can’t imagine how Barfield thought such a sum wouldn’t be noticed, even in such a cash-flush environment as Team Dewhurst. The news reports don’t entirely make clear whether the funds were embezzled from Dewhurst’s 2010 Lt. Governor re-election campaign, his losing 2012 Senate run, or both, since Barfield worked on both.

    Some articles suggest that Barfield embezzled the funds to make up for losses on business deals.

    There was also this:

    There also were reports of friction between Barfield and others on Dewhurst’s campaign team over what strategy to use against rival Ted Cruz before the GOP Senate primary.

    While some thought it best to ignore Cruz as much as possible, Barfield pushed for the campaign to sharpen its attacks on Cruz, efforts that many analysts now believe were too exaggerated and turned voters against Dewhurst.

    So the guy stealing money from the campaign was also the guy who managed to lose the campaign.

    How convenient.

    I think the embezzlement is a symptom of the disorder within the Dewhurst campaign, not the cause. Having a flush campaign papers over many flaws, but if a guy steals $600,000 from you over four years, you have some serious oversight problems. I think that if someone stole $600,000 from me, I would notice, even if I were a quarter-billionaire.

    Of course, as of this moment Barfield does not appear to have been indicted, much less convicted. But if true, the story should really give hope to Jerry Patterson and anyone else gunning for Dewhurst’s current job, as it suggests that Dewhurst’s attention to detail is somewhat less than total…

    A Dollop of Gun News

    January 16th, 2013

    Lots of news in the world of guns and the Second Amendment today, so here’s a quick lunchtime roundup:

  • So Obama has issued his executive orders on guns. The good news is that the Executive Orders themselves are not nearly as bad as many feared, at least on the surface. But remember that if you give Obama a constitutional inch, he’ll take an unconstitutional mile. His requested legislation, with restoration of the cosmetic Clinton-era “assault weapons” ban and other such mischief, are a different kettle of fish, but I’m cautiously optimistic that none of them will pass muster in the Republican House.
  • Hell even Harry Reid says that the “Assault Weapons” ban is doomed.
  • The title pretty much says it all: Joe Manchin: Lying Sack of Shit on Guns.
  • All Obama’s proposed legislation is just the latest in a long line of passing
    gun laws that in no way would have prevented the crimes they were passed in reaction to
    . (Hat tip: Say Uncle.)

  • “The D.C. gun control laws irrationally prevent only law abiding citizens from owning handguns.”
  • Cracked, of all places, offers up a dose of perspective. “Gun violence has, generally speaking, been working out pretty spiffy for us.” The writer’s suggestions are as useless as the “Assault Weapon” ban, but are at least less harmful.
  • An average of 22 children a year are killed on school buses or in bus loading zones. Where’s the outcry for bus safety?
  • Mark Steyn notes that for MSM elites, laws are for the little people.
  • Ruger’s automatic letter generator for your congresscritters.
  • Jeff Soyer at Alphecca could use your help.
  • Travis County Gun Show Ban Shot Down, Stuffed, and Mounted on the Wall

    January 15th, 2013

    Today law-abiding gun owners declared total victory over the gun-grabbing plans of the Travis County Commissioner’s Court:

    Travis County Commissioners unanimously voted Tuesday to reverse course on a proposal that would have banned gun shows from county facilities.

    Commissioners also agreed to honor an existing contract for nine more gun shows at the Exposition Center.

    “I take very seriously the idea of abiding by the law. State law prevents this court from doing much of anything on this issue,” Commissioner Sarah Eckhardt said.

    I think it’s great that Travis County Commissioners are actually concerned about obeying the law. Maybe the could spread that attitude to certain other officeholders.

    Texas Attorney General Greg Abbott and the NRA-ILA a large share of credit for derailing this very bad idea, as do Dwight and all the other gun owners who stood up and made their voices heard,

    Hopefully the gun-grabbers on the Austin City Council will take the hint.

    Murderer in a Coma. I Know It’s Serious.

    January 15th, 2013

    Hey, remember Convicted murderer, Democratic fundraiser, and accused heroin dealer Amado Pardo?

    He’s been released to hospice care, According to his attorney, he’s “not been mentally responsive since December. ” Hmmmm. Maybe. I’m remembering all those sick gangsters suddenly coming down with an amazing array of ailments in Casino.

    Also: “On Thursday, Pardo’s wife Amanda Pardo pleaded guilty to one count of conspiracy to possess with intent to distribute a controlled substance. She has not yet been sentenced.

    Interestingly, a “Tish Pardo” commented on the previous post:

    Have you ever heard the saying “don’t judge a person unless you’ve walked a mile in their shoes”? You are very quick to judge Mayo apparently you have all of the “facts”. Yes he’s a convicted murderer, do you know the circumstances? Do you care to hear them? He may not have made the best choices, but he was a good man. He did his time for the murder convictions, you know what the problem is with society? They don’t let people change their lives for the better. If you’ve been convicted of a crime you might as well be a leper. Mayo employed people no one else would, he expected them to work to earn their pay, he helped people. Im not saying he’s a saint, but he used his abilities to help others and give back to the community. A convicted felon turned pillar of the community and here you are degrading him and his accomplishments because of his past.Well, his future is on the rocks because of what people think they know, law enforcement has the word of one man/woman and a lot of circumstantial evidence. But go ahead

    It’s a very special type of pleading indeed that includes the phrase “Yes, he’s a convicted murderer.” Perhaps Ms. Pardo could comment below on how Amado Pardo is innocent of the heroin distribution charges, despite his wife having plead guilty to the same crime…

    (Subject line hattip.)

    Brief Impressions of the Texas Public Policy Foundation’s 2013 Policy Orientation

    January 14th, 2013

    I enjoyed attending what little I could of the Texas Public Policy Foundation 2013 policy orientation held January 9-11. Here are a few quick and largely random impressions:

    Because I just started a new day job, I wasn’t able to attend until Thursday evening, which meant I got to enjoy Austin’s lovely rush-hour traffic on Mopac and only got to hear about half of Ted Cruz’s pre-recorded message. (Cruz was originally scheduled to appear with Sen. John Cornyn, but had to fly off to Afghanistan and Israel on a Senate Foreign Relations trip. Cruz also appeared at lunch that day, a session I was unable to attend.) Then it was time for Texas’ senior U.S. Senator, John Cornyn, to be interviewed.

    He defended the Fiscal Cliff deal as necessary to avoid a huge tax increase. He talked about the Senate’s inability to pass a budget. “Shame doesn’t work on Harry Reid.”

    On foreign and defense policy, he noted (correctly) that keeping the American people safe is the number one responsibility of government. Cornyn says he’s opposing the nomination of Chuck Hagel and dinged Obama over Benghazi. “If the President and his Administration had been honest about Benghazi, they’re wouldn’t have been a scandal.” (Paraphrased.)

    Cornyn also displayed a certain tone-deafness in regard to his audience. When asked to mention possible 2016 GOP Presidential candidates, the first name Cornyn mentioned was NJ Governor Chris Christie, which drew audible groans and hisses from the audience, for good reason.

    After the Cornyn speech there was a blogger met-and-great at Rivals Steakhouse. I met a bevy of state Reps whose names quickly blurred together, as well as Ashley Sewell, AKA @TXTrendyChick, who I had already been following on Twitter, and a bunch of other bloggers. Most interesting bit of off-the-record gossip: Confirmation of my Rick Perry hopped-up on goofballs theory. “When I saw him running around Iowa in flats I knew he was in a lot of pain. The man practically sleeps in boots.”

    On Friday, I took a long lunch to attend the Newt Gingrich luncheon and signing. I sat one seat down from the indefatigable Holly Hansen (who has her own, far more extensive coverage), and @TXTrendyChick promptly plopped down between us. Obviously our table was the place to be.

    I get to hang out with all the cool chicks!

    Lt. Governor David Dewhurst was Gingrich’s warm-up speaker. Dewhurst has improved somewhat since his losing Senate race against Ted Cruz last year, but he’s still not a natural speaker. He tries to cram too many policy points into a speech, and isn’t skilled enough to distinguish between major and minor points. When it comes to conservative policy, he seems to know the words, but doesn’t hear the music.

    Dewhurst’s four points as to why Texas is doing better than any other state (1. We keep our spending low, 2. Keep our taxes low, 3. A light regulatory hand, and 4. Keep state government out of the way) were all very solid. He also promised additional budget cutting; let’s hope he follows through.

    Most interesting parts of Dewhurst’s speech: A clumsily-phrased plea for welfare reform (“I’m not going to pay people to sit on the couch and do drugs,” a proclamation that will no doubt disappoint many members of Occupy Wall Street), and a proposal to arm teachers in the classroom.

    Gingrich came on stage to a standing ovation. He said it was unfair for other states to compete with Texas, since we weren’t raising taxes and spending like California. (This is what people call “sarcasm.”)

    This was definitely Gingrich 2.0 (or maybe 8.6), an idea-a-minute futurist (I’d like to see him and Bruce Sterling bounce off each other for a couple of hours someday). He was saying things about America 2.0, ubiquitous diagnostic cell phones as a health care initiative, having the programmers behind World of Warcraft come up with ways to teach our kids, and puters mkn kdz wrt btr (I iz skptical). It was even more scatter-shot than Dewhurst, but seemed a lot more organic. And he had one truly fascinating factoid: Students taking Stanford’s online classes did better on tests than the ones taking classes in person.

    Gingrich seems genuinely optimistic about America’s future, which is a nice contrast with many of us after the 2012 election.

    After the speech I managed to get him to sign two books for me, To Renew America, and Jim Wright’s Reflections of a Public Man, which he was quite amused by.

    A few more luminaries:

    State Senator Larry Taylor

    State Rep Marsha Farney

    A very dapper Chuck DeVore. He wasn’t born in Texas, but he got here as quickly as he could.

    Hey girl, it’s Josh Trevino!

    Apologies to anyone I didn’t mention, didn’t run into, or didn’t get a picture of (some just didn’t come out well). It was a busy two days!

    And congratulations to TPPF honcho David Guenthner and his many minions, for all the hard work in carrying this off:

    In addition to the copy of Texas Got it Right handed out to everyone, David thrust a copy of DeVore’s The Texas Model: Prosperity in the Lone Star State into my hands. Hopefully I’ll have a chance to say more about both in the not-so-distant future.