Time for another Texas vs. California roundup:
CalPERS believes that it has police powers to seize property to sell to support public employee pensions. “It is hard to imagine a bigger or more blatant example of collusion between business interests and government employees at the expense of ordinary private citizens.” Plus the impossibility of maintaining the 7.5% returns necessary for the pension fund to remain solvent. (Hat tip: Pension Tsunami.)
CalPERS and CalSTARS want direct proxy access for candidates for corporate boards.
Speaking of CalSTARS, the cost of funding it going forward looms large on California’s horizon.
Stockton exits bankruptcy.
Daughters of Charity Health Systems sues the SEIU over interference in a merger deal.
Part of the demands from California’s liberal Democratic Attorney General Kamala Harris to approve the merger include forcing currently Catholic hospitals to perform abortions.
It’s all but impossible for the Middle Class to live in Silicon Valley.
West coast port strike ends. Yet another reason to ship through Houston instead…
Texas Lt. Governor Dan Patrick files a bill for $4.6 billion in tax relief.
Texas Right to Work laws help keep the state prosperous, but more can be done.
Tags: abortion, California, CalPERs, CalSTARS, Dan Patrick, Democrats, Kamala Harris, Regulation, SEIU, Silicon Valley, Stockton, Taxes, Texas, unions, Welfare State
This entry was posted on Thursday, February 26th, 2015 at 7:13 PM and is filed under Democrats, Regulation, Texas, unions, Welfare State. You can follow any responses to this entry through the RSS 2.0 feed.
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