Politicians who accept Government Union money betray the public
Politicians who accept Government Union money betray the public
Public sector unions should be illegal. They have very little in common with private sector unions, which, properly regulated, play a vital role in society. The differences between public sector and private sector unions are significant. For example: 1 – Private sector unions cannot be unreasonable in the demands they bring to negotiations with management,...
By Edward Ring
The Enemies of American Infrastructure
The Enemies of American Infrastructure
Between 2008 and 2019, China opened up 33 high speed rail routes, connecting 39 major cities along four north-south and four east-west main lines. The 18,000 mile network runs trains at an average speed of around 200 miles per hour. By 2030, the Chinese expect to double the mileage of their high speed rail network by expanding...
By Edward Ring
The Real Reason Behind the Drive to Unionize Charter Schools
The Real Reason Behind the Drive to Unionize Charter Schools
Want to know another reason California’s teachers unions are desperate to unionize charter schools? They want the leverage to force these schools to participate in CalSTRS, because CalSTRS charges all its participants the same pension contribution rates. This is a truly amazing, grotesquely unfair, astonishing scam. It means that new schools have to pay for...
By Edward Ring
California’s Mandatory Ethnic Indoctrination
California’s Mandatory Ethnic Indoctrination
California’s state legislature is on the verge of mandating an “ethnic studies” course in order for a student to graduate from high school. Why not? Today in California, K-12 public school student enrollment is only 23 percent “White not Hispanic.” Based on current immigration and fertility statistics, California’s demographics will eventually become America’s demographics. If America were the melting pot it...
By Edward Ring
The Density Delusion
The Density Delusion
For decades, American workers have watched as their ability to enjoy middle class lifestyles erodes away. Conventional explanations abound. American industry in the immediate aftermath of World War II was uniquely unscathed, and with a near monopoly on global manufacturing, it was able to pass much of the ample profits on to workers. It wasn’t...
By Edward Ring
City of Richmond faces pension stress
City of Richmond faces pension stress
here Pick a city in California. Pick a county in California. Odds are, they could be the topic of this analysis instead of Richmond. But Richmond is the focus of a recent analysis published in Reason entitled “Richmond, California’s Finances Remain Shaky,” and that work provides solid data from which to take a deeper look at what’s truly driving...
By Edward Ring
Were Pensions Benefits Retroactively Enhanced Without Notifying the Public?
Were Pensions Benefits Retroactively Enhanced Without Notifying the Public?
In 1999, at the height of the stock market runup fueled by the internet bubble, California’s state legislature passed SB 400, which increased pension benefits for officers with the California Highway Patrol. Over the next several years, pension benefits were similarly increased for government employees working in nearly every one of California’s cities, counties, state agencies,...
By Edward Ring
The Opportunity Cost of Shutting Down Diablo Canyon
The Opportunity Cost of Shutting Down Diablo Canyon
For nearly 35 years, Diablo Canyon Nuclear Power Plant has pumped just over 2.0 gigawatts of electricity onto California’s power grid. Unlike hydroelectric power, which has good years and bad depending on rainfall, or solar and wind power which depends on sunshine and wind, Diablo Canyon’s nuclear reactors generate this electricity 24 hours per day,...
By Edward Ring
Will Unions Promote Defined Contribution Plans the Way They Promote Pensions?
Will Unions Promote Defined Contribution Plans the Way They Promote Pensions?
The virtue of a defined contribution plan is that once the employer has made their contribution, the employer’s obligation is fulfilled. The employee’s retirement benefit is based on a “defined” contribution – typically some fixed percentage of their base pay – that money is invested, and the retiree lives on the accumulated savings and interest....
By Edward Ring
America’s Homeless Industrial Complex – Causes & Solutions
America’s Homeless Industrial Complex – Causes & Solutions
In his final speech from the White House in January 1961, President Dwight Eisenhower warned the nation that the military had joined with the arms industry and had acquired unwarranted influence over American politics. His term for this alliance was the “military industrial complex.” Since that time, Eisenhower’s term has been co-opted by other critics of special...
By Edward Ring
How “Release Time” causes Taxpayers to fund Government Unions
How “Release Time” causes Taxpayers to fund Government Unions
Based on an estimated total membership of 1.1 million and average dues per member of around $700, California’s public sector unions collect and spend approximately $800 million per year. The impact of the June 2018 decision by the U.S. Supreme Court in the case Janus vs AFSCME may have chopped around $50 million off that annual total, by eliminating the union’s...
By Edward Ring
New legislation will mandate Cal State students take Ethnic Studies class
New legislation will mandate Cal State students take Ethnic Studies class
The axis of public sector unions and the identity politics industry has come up with a new way to increase their power and profits – force college students to take a class in “ethnic studies” if they want to graduate. To do this, AB 1460 was introduced earlier this year by California State Assembly Member Dr. Shirley Weber,...
By Edward Ring
California’s Regulatory Hostility Prevents More New Homes
California’s Regulatory Hostility Prevents More New Homes
The median home price in Los Angeles County is $618,000. In Santa Clara County it’s $1.2 million. In the entire state of California, including the somewhat more “affordable” inland counties, the median home price is $548,000. The national median home price? $227,000. There’s a reason for this. For decades, California’s state and local governments have made it harder and more expensive for any...
By Edward Ring
How Does a California Family Survive?
How Does a California Family Survive?
It’s common enough to discuss the high cost-of-living in California. It’s become a serious topic, at last. But for Californians who are used to paying ridiculous prices for everything, it may be helpful to present a comparison in the form of an annual family budget. How much does it cost to take care of a...
By Edward Ring