Posts Tagged ‘Medway’
Monday, November 2nd, 2015
California continues to suffer from drought while central Texas just suffered through torrential rains. Time for another Texas vs. California update:
Texas Adds 26,600 Jobs in September.
Texas and Florida rank at the top of education index for biggest states, while California ranks last.
The University of Texas is ranked the number one public university in America.
Meanwhile, at the University of California system: “The number of those making at least $500,000 annually grew by 14 percent in the last year, to 445, and the system’s administrative ranks have swelled by 60 percent over the last decade – far outpacing tenure-track faculty.” (Hat tip: Pension Tsunami.)
Another example of California’s perpetual trial lawyer enrichment act: “cumulative trauma” awards for employees after termination, even if they’ve never reported symptoms before. Shouldn’t every former member of the Raiders, Chargers and 49ers file a lawsuit?
Why CalPERS contributions are soaring. (Hat tip: Pension Tsunami.)
So now the California high speed rail boondoggle is going to cost $68 billion and require 36 miles of tunnels, including some dug right through an active tectonic fault. That’s ten times the length of tunnel Boston needed to dig for the Big Dig. And the cost is equivalent to the Gross Domestic Product of Sri Lanka. For a train line. It would probably be cheaper to buy cab rides for everyone traveling between Los Angeles and San Francisco, but that wouldn’t provide enough opportunities for graft…
“The parent company of the Orange County Register and Riverside Press-Enterprise filed for federal bankruptcy protection.”
Also filing for bankruptcy, yet another West coast grocery chain, Fresh & Easy.
Another bankruptcy filing: Fresno’s One Club Casino. California casinos are different from Nevada casinos, and I believe One Club is what is called a “card room”. Still, when you can’t make a profit off gambling…
California plastics company opens plant in Pflugerville. “Medway, founded in 1974, will also relocate its research and development laboratory to the new Pflugerville facility. Though Medway Plastics will continue operations in California, the company may consider relocating its headquarters to Pflugerville within the next five to eight years, the company said.”
Plans continue apace to build a Texas Gold Depository.
California Ballot initiatives weaponize emotion to centralize power.
Tags:Austin, bankruptcy, California, CalPERs, gambling, Medway, Orange County, Orange County Register, Pflugerville, Texas, Texas Gold Depository, University of Texas, Welfare State
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