Entries by Ed Ring

Election Integrity and the Power of Unions

During the 2004 Presidential election there were allegations of voter fraud; the 2000 Presidential election was alleged to have been “stolen” by the Republicans. If you go further back in history, you can point to evidence the Democratic machine in Chicago manipulated election results to throw the 1960 Presidential election victory to Kennedy. A close […]

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Put Public Employees on Secure Choice and Social Security

“The state shall not have any liability for the payment of the retirement savings benefit earned by program participants pursuant to this title.” – California State Senator Kevin De Leon, August 7, 2016, Sacramento Bee This quote from Senator De Leon, one of the main proponents of California’s new “Secure Choice” retirement program […] Continue […]

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How Unionized Government Enables the Iron Law of Oligarchy

“Political Parties,” published by the German political theorist Roberto Michels in 1911, is a relatively obscure book. But in this book, Michels offers a concept that has increasing relevance today, the “Iron Law of Oligarchy.” This law is summed up reasonably well in its Wikipedia entry: “According to Michels all organizations eventually come […] Continue […]

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The Government Union Political Class: Today California, Tomorrow America

Government unions in California collect and spend over $1.0 billion per year. That’s just government unions. That’s just California. They use a small fraction of this money to engage in collective bargaining. They use about a third of it to engage in politics – that’s nearly $700 million per election cycle. The rest, well over […]

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For Nov. 8th: $32B in Local Borrowing, $2.9B in Local Tax Increases

New local taxes and new local borrowing are a regular phenomenon in California elections, but this year our government union controlled politicians have outdone themselves. Let’s compare: November 2014 – $11 billion in new borrowing proposed via 118 local bond measures, 81% passed. Of the 117 local proposals for new taxes, 68% passed. Continue reading […]

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If Police Unions Were Abolished and Police Associations Were Restored

Earlier this month the New York Times ran an editorial entitled “When Police Unions Impede Justice.” They make the point that collective bargaining agreements for police employees often make it very difficult to hold police officers accountable for misconduct. When you have nearly 1.0 million sworn police officers in the United States, you’re bound […] […]

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California Needs Infrastructure, and Unions Should be Helping

“Infrastructure” is a perennial topic that enters and leaves California’s public consciousness in the following manner: A politician says “we must rebuild our crumbling infrastructure,” journalists report it, almost nothing is done, and the infrastructure continues to crumble. The talking point is made. Check the box. Repeat. Decades pass. If you’ve driven west on Interstate […]

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California’s Misguided Water Conservation Priorities

If you’ve recently driven on most any California freeway, you’ve seen the default message on the government-owned electronic billboards, “Severe Drought Conditions – Reduce Outdoor Water Use.” The message seems reasonable enough. Several years of lower-than-average rainfall have left the state’s reservoirs depleted, so why should households be wasting water, indoor or outdoor? And if […]

Average “Full Career” CalPERS Retirement Package Worth $70,000 Per Year

“‘What makes the ‘$100,000 Club’ some magic number denoting abuse other than the claims of anti-pension zealots?’ said Dave Low, chairman of Californians for Retirement Security, a coalition of 1.6 million public workers and retirees.” This quote from a government union spokesperson, and others, were dutifully collected as part of Orange County Register reporter Teri […]

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ACLU Joins Unions to Attack California Charter Schools

About 6.2 million students attend California’s K-12 public schools. Of those, over 570,000 are enrolled in public charter schools. Most of these charter schools operate with a degree of management autonomy and teacher accountability that goes well beyond what is permitted by the union work rules that govern traditional public schools. These charter schools themselves […] […]

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Quality Education Remains Thwarted by Teachers Unions

An article in today’s American Prospect, of all places, offers an in-depth look at just how little progress has actually been made towards restoring quality education to California’s public school students. Because the article appears in a publication that is “dedicated to American liberalism,” and because “American liberalism” depends more than anything else on […] […]

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Government Unions Benefit from the Asset Bubble that Harms Workers

Earlier this month the California Policy Center released a study that provided additional evidence that the U.S. stock indexes are overvalued by approximately 50%, along with calculations showing the impact of a major downward correction on the solvency of California’s state and local government pension systems. Stocks are now at unsustainable bubble valuations. Not […] […]

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Populist Unity Can Overcome the Establishment’s Supermajority

Back in 2012 we published an article entitled “The Forgotten 33%,” which included a graphic entitled “American Voter Breakdown 2012.” It depicted the U.S. electorate as comprised of 46% who pay zero net taxes, 20% who work for the government and are net tax consumers, the 1% “super rich,” and the “forgotten 33%,” who work […] […]

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How a Major Market Correction Will Affect Pension Systems, and How to Cope

Summary:  Based on historical trends, three key aggregated stock market ratios – price/earnings, price/sales, and price as a percent of GDP – all show that publicly traded U.S. stock are overvalued by approximately 50%. This article explains the significance of these ratios, then, using a financial model developed specifically for this purpose, evaluates the impact […]

How Gov’t Unions and Crony Capitalists Exploit Global Warming Concerns

If anyone is looking for evidence that government unions use their immense influence to support the growth of an authoritarian state, look no further than their unequivocal support for global warming “mitigation,” and all attendant agencies and laws to support that goal. In 2006 California’s union-controlled legislature passed AB32, the “ Continue reading at UnionWatch.org

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The Alternative to Crony Capitalism and Phony Shortages

The modern history of the Silicon Valley arguably began in 1957, when eight young PhD graduates left Shockley Semiconductor Laboratories to launch the first high-volume chip manufacturer, Fairchild Semiconductor. Fairchild and its spinoffs, including Intel and Advanced Micro Devices (AMD), were the early participants in what became the most fervid ecosystem of fiercely competitive innovators the […]

Californians Overwhelmingly Support New Local Bonds and Taxes

Two weeks ago, using information supplied by the California Taxpayers Association, we called attention to “$6.2 Billion in New Borrowing on June 7th Primary Ballot.” As noted, “Next week voters will be asked to approve 46 local bond measures totaling $6.18 billion in new debt, along with 52 local tax proposals. If history […] Continue […]

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$6.2 Billion in New Borrowing on June 7th Primary Ballot

They are overshadowed by one of the most tumultuous Presidential primary campaigns in decades, but California’s June 7th primary ballot has local tax and bond proposals in numbers that, in aggregate, ought to be generating vigorous public debate. Next week voters will be asked to approve 46 local bond measures totaling $6.18 billion in new debt, along […]

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Government Unions and the Financialization of America

Financialization – “a pattern of accumulation in which profit making occurs increasingly through financial channels rather than through trade and commodity production.” –  Greta Krippner, University of Michigan (source Wikipedia) If you want one word to describe the biggest threat to the American economy, “financialization” would be the prime candidate. This is a […] Continue […]

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