By now you likely know that Elon Musk has said he’s packing up every last desk, rivet gun, engineering table and family picture and moving every one of his jobs out of California. The reason: Governor Gavin Newsom’s signature Monday on Assembly Bill 1955, the bill by Assemblyman Chris Ward (D-San Diego) written to invalidate parental...
There’s been much speculation about the financial damage to California following Elon Musk’s high-profile exit from the Golden State announced Tuesday. But there’s more — and more deeply — unsettling news about California: A state auditor tells National Review that California’s economic fundamentals are so unstable that he’s unable to predict repayment of a key federal loan. “Our earlier...
While California continues to enact draconian climate laws and regulations that hinder the state’s economy, Texas has taken the lead in driving clean energy production. New data from energy think tank Ember reveals that after trailing the Golden State for years, Texas is now outpacing California as the nation’s leading producer of power generated from...
Published July 18, 2024.
If water strategy in California had to be distilled down to just three projects with the greatest impact, the answers might vary a great deal depending on who was asked. But in terms of quality of life impact, the ongoing implementation of State Water Resources Control Board to “Make Conservation a Way of Life” is...
SACRAMENTO – Gov. Gavin Newsom has signed into law Assembly Bill 1955, a bill that takes the unprecedented and outrageous step of instructing school districts to lie to and keep secrets from parents about their own children. Introduced by Assemblyman Chris Ward (D-San Diego), AB 1955 was pushed through the legislature as a “gut and...
Though he’s still banging the drum for Joe Biden, California governor Gavin Newsom is fading from White House consideration in 2024. But 2028 is still in sight. And because four years is an eternity — in politics, for dogs’ lives, and to your average five-year-old kid — it’s good to mark now the governor’s problems...
The state will continue to operate as an island in the land. The Supreme Court’s 6–2 decision in Loper Bright Enterprises v. Raimondo, which ended the Chevron precedent, sparked something like hysterical vomiting among California reporters and columnists and progressive legal scholars. “An earthquake in U.S. law,” attorney Michael Wara, director of Stanford University’s Climate and Energy Policy Program, called it....
“When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean.” What’s happening in California isn’t politics in any conventional sense. No debate is underway, and no policy choices are being hashed out. We’re in the land beyond. In Our Democracy™, declarations are made, and...
Last month, Rubio’s Coastal Grill announced the permanent shutdown of 48 of their California locations. Ralph Rubio opened his first restaurant in 1983 in San Diego with a loan from his dad. After years of effort, Rubio’s expanded to approximately 200 locations throughout several states. Traditionally, this anecdote would serve as an example of the...
If energy powers civilization, water gives it life. One of the biggest challenges of our time is to develop the means to deliver both of these essentials in abundance, while also keeping them affordable and ecologically sustainable. We believe this is possible with common sense solutions that balance the needs of people with the needs...
Of Orange County’s 34 cities in Southern California, the six with the strongest balance sheets maintained their positions in the annual fiscal rankings for the year ending June 30, 2023. However, the other 28 cities were a little more interesting. Overall, it was still a good year, with only one out of five seeing their...
Gavin Newsom promised Californians there’d be no new taxes to fix the state’s historic deficit. One new tax is already squeezing the state’s businesses. Confronting the nation’s largest-ever state budget deficit, California’s Democratic governor, Gavin Newsom, has been throwing overboard almost every government program not tied to a legal mandate. Despite progressive demands, he’s sounding for once...
As a Certified Public Accountant and Certified Financial Planner, one consistent piece of advice I would give to my clients was never to cosign on a loan. When doing so, you agree to be responsible for the debt should the original borrower miss a payment or stop paying altogether. It’s awkward. And I’ve seen sincere...