"First, as something of a preface, let's just posit that Prop 13 has been an overall disaster for the state. After all, this is a progressive blog. If you want details of how that is the case, well, just use that google box to the left. We have plenty of information about that. You could [...]
Tag: economics
Bank Transfer Day: November 5, 2011
Bank Transfer Day and an interview podcast with the founder, Kristen Christian. She's with Los Angeles Federal Credit Union, which is open to any Los Angeles resident. They have walk-in branches or you can open an account via their website. Or there's PerkStreet.com, online banking. And if you're with Bank of America, well, here's what [...]
Declare
You know I hate deregulation but if it can lead to innovative online financial instruments like these (like deregulation SHOULD), I might have to rethink my opinion. Note: As with ANYTHING you do with your money, do lots of research before you commit it. This has been a Mayerson Service Announcement. Another note: Some of [...]
3 million jobs for 14 million unemployed is tragically absurd
"Labor Secretary Hilda Solis on Thursday announced a partnership with Facebook designed to connect the jobless with companies that are hiring. The Social Jobs Partnership will aggregate a variety of existing, but often little-known, job-search services on a new Facebook page in hopes of drawing more attention to them. "'Landing on this page can help [...]
*()$%_@#_@&
"After failing to get enough votes for passage of a last-minute, $1-billion tax package, Gov. Jerry Brown Friday night accused some legislators of bowing to special interests at the expense of California taxpayers. "Brown had proposed ending a provision that benefits companies with large workforces outside California that sell many products in the state, like [...]
Jerry Brown on the job
09/10/2011 update: In a statement, Brown said: "It's unbelievable that so many politicians in Sacramento would choose to help cigarette makers and other out-of-state companies at the expense of California jobs.". I think you mean "MORONS in Sacramento," Jerry. Nice try though, maybe it's just too soon for sanity, clarity and fiscal hygiene in California. [...]
The grocery strike
"According to officials for Ralphs, Albertsons and Vons, employees will be required to pay $9 a week for single coverage, while the cost of family coverage under the proposal would be $23. "The health-care proposal would maintain the current prescription drug co-payments and the annual deductible and out-of-pocket maximums in the PPO plan, according to [...]
Jerry Brown vs. Corporate Taxzilla
Whoo-hoo! Jerry Brown is about to rock the state! In a good way. "Gov. Jerry Brown has a new tax proposal to sell the Legislature: raise levies on some large out-of-state corporations in exchange for new sales-tax exemptions for companies who make products and hire people in California. "Under a plan to be unveiled in [...]
Tuscon AZ housing bust
Now might be the time to buy that retirement home in Tuscon. "1. Tucson, AZ > Homeowner vacancy rates: 6.8% (1st) > Rental vacancy rates: 15.9% (6th) > Total housing units: 440,909 > Unemployment: 7.8% "Tucson’s homeowner vacancy rate was 3.2% one year ago. It is now over double that. The city had a booming [...]
The internet eats the seed corn
Robert Levine interview about this book "Free Ride: How the Digital Parasites Are Destroying the Culture Business, and How the Culture Business Can Fight Back" published by giant publisher Random House. I wish I could embed this video, but that's probably a copyright issue. I think this guy has a better argument than he's presenting. [...]