February, 2013U.S., CA could be hit by Federal Reserve potential massive lossThursday, February 28th, 2013 Feb. 28, 2013 By Chriss Street Last week in my article here, "Misery Index about to soar in CA, US," I warned that a rise in a combination of inflation and unemployment, known as the Misery Index, could “distort financial markets.” And it could result in “significant capital losses" on ... Both sides in water war need smelt to provoke compromiseWednesday, February 27th, 2013Feb. 27, 2013 By Wayne Lusvardi You probably read the news headlines this past month on the Delta smelt fish with curiosity about what was really going on: * “Delta water diversions reduced to protect smelt” -- Feb. 11; * “Once again, water supply cutbacks show need for new approach... Lessons for CA from my Middle East tripWednesday, February 27th, 2013 Feb. 27, 2013 By Katy Grimes I just returned from a trip to the Middle East, and managed to pack several thousand years of history into three weeks. Against the warnings and concerns of many friends, my husband and I, and another couple, traveled to Istanbul, Turkey, then to Israel, where ... Pelosi leads charge on minimum wage hikeTuesday, February 26th, 2013Feb. 26, 2013 By Josephine Djuhana Raising the minimum wage helps the little guy -- doesn’t it? President Obama’s State of the Union address earlier this month was more than a brightly optimistic speech on the current state of affairs in the United States and abroad. It essentially was ... Sequester would axe large federal spending programs in CAMonday, February 25th, 2013Feb. 25, 2013 By Chriss Street Over the weekend, the White House released a report detailing some of the programs and services in California that would be impacted beginning on March 1. The Obama Administration has threatened that the cuts will result in a massive contraction of the national... Democrats addicted to tax increasesMonday, February 25th, 2013 Feb. 25, 2013 By Joseph Perkins You’ve heard the familiar fable about the scorpion and the frog? They meet on the bank of a stream and the scorpion asks the frog to carry him across on his back. The frog asks: “How do I know you won’t sting me?” The scorpion replies: “Because if I... S. Court splits on defending civil libertiesSunday, February 24th, 2013Feb. 24, 2013 By Steven Greenhut SACRAMENTO -- The U.S. Supreme Court's recent decisions regarding police powers were mixed, thus offering a reminder to civil libertarians that they cannot depend upon the high court to protect the public from unwarranted government intrusions. "The U.S. Sup... New San Diego Mayor Bob Filner displays anger management problemFriday, February 22nd, 2013 Feb. 22, 2013 By Chris Reed What happens when a veteran congressman with a history of anger management issues and an apparent disinterest in understanding how city government works becomes mayor of California's second-largest city? San Diegans are finding out as they deal with their cit... Misery Index about to soar in CA, USFriday, February 22nd, 2013 Feb. 22, 2013 By Chriss Street The “Misery Index” is inflation plus the unemployment rate. For example, today the U.S. unemployment rate is 7.9 percent and inflation is 1.7 percent. So the "Misery Index" (rounding off) is 10 points. Anything above 10 points is considered a tough time... |