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LOS ANGELES Friday, April 24th 2015 11:32

  • Issue: Bathing topless at Venice Beach

    Martha Groves

    Date: Apr 24, 2015

    Forty years ago, a cadre of Venice Beach sunbathers routinely basked in the altogether. 

    The Venice Neighborhood Council thinks the time is ripe to take a half-step back to that time of physical freedom. In a 12-2 vote Tuesday, the council said it "supports women being afforded the same rights as men to sunbathe topless." 

    There are so many more important things to be concerned about in Venice...this makes us look foolish. 

    The city and county of Los Angeles prohibit nude or topless sunbathing. But Melissa Diner, the Venice council community officer who sponsored the resolution, said the panel would draft letters to Councilman Mike Bonin, Mayor Eric Garcetti and the Los Angeles County Board of Supervisors, which has jurisdiction over the beach, calling for Venice to be exempted.  (Read the rest.)  


Thu Apr 30, 2015 @11:30AM -
Town Hall: Raising the Minimum Wage
Fri May 01, 2015 @11:00AM - 02:00PM
Women for a New Los Angeles Luncheon
Fri May 01, 2015 @12:00PM - 05:00PM
Women for a New Los Angeles
Fri May 08, 2015 @ 8:00AM - 08:00PM
Greenlining Institute 22nd Annual Economic Summit in L.A. May 8
Wed May 13, 2015 @11:30AM -
Reflections on Leadership in the Museum World from an Outsider


Dr Oz digs in. I will not be silenced!

Puppy high for the day: Puppy battles doorstopper

 

 

 

 

  

 

 


Passing the Buck

The Buck Stops Here

Most men in the early west carried a jack knife made by the Buck Knife Company.  When playing poker, it was common to place one of these Buck Knives in front of the dealer so that everyone knew who he was.  When it was time for a new dealer, the deck of cards and the knife were given to the new dealer.  If this person didn't want to deal, he would "Pass the Buck" to the next player.  If that player accepted, then "the Buck stops here".

 


 

 

Washington Misreads California … Again

CALWATCHDOG - If you’ve ever lived in Washington, DC, as I did in 1977 and from 1982 to 1987, you know the place lives under a bubble. They have no idea what’s going on in the rest of the country. But they tell us what to do. That’s sure the case with EJ Dionne, the Washington Post’s top political writer. From a San Francisco dateline,  he asks:

“If the United States were still governed under the Articles of Confederation, might California be in the position of Greece, Spain or Italy?

“After all, California has a major budget crisis and all sorts of difficulties governing itself. Its initiative system allows voters to mandate specific forms of spending and to limit tax increases and also make them harder to enact. Absent a strong federal government with the power to offset the impact of the recession and the banking crisis, how would California fare in a global financial system?”

He doesn’t seem to know that, unlike in those countries, California law mandates that bond payments are the first priority of payment in any budget. So the state’s current $73 billion in general obligation bonds (meaning they must be paid for from the general fund) are quite secure.

It’s true that California vies with Illinois for the state with the worst credit rating. But that’s because, should the national economy begin to implode, it is these state economies that would be hit the hardest, demolishing their state budgets. But so long as the national economy doesn’t implode, that won’t happen.

Bond rating

So the real problem then shifts to Dionne’s beloved federal government, which has taken out $16 trillion in debt in the name of all Americans. If the Articles of Confederation still were in effect, the federal government never could have run up that debt.

Under the Articles, Congress had no power of taxation. The federal government ran only on money given it by the several states. So the federal government never could have grown into the monstrosity it has become, wasting $3.8 trillion a year while running up trillion-dollar annual deficits.

On its own, California’s far-left politics would not be tempered by the more moderate politics of the rest of the United States. So it might resemble Cuba.

Then again, Canada is run by left-wingers — but lefties who figured out about 15 years ago that they could only manipulate society if reasonable tax and regulatory policies keep the economy growing.

Same thing for Australia.


California’s large Latino population also pushes its politics to the left. But as an independent country, California might resemble Mexico; which, as I noted in an earlier article, has less than half America’s national debt (as a percentage of its economy) and has pursued progressively more free-market policies since 1995.

So, by itself, California might develop a hybrid Canadian-Mexican system with lower taxes and less regulation, but maybe a government-run medical system that’s inefficient (as in Canada, where there are long lines and people go to the United States for many operations), but costs half as much.

Dionne’s ‘solution’


Dionne’s “solution” the ongoing economic problems of California and the United States is … the suspense is unbearable … massive new federal government spending! So the deficits and debt now weighing us down would be increased. Dionne:

“First, we are lucky to have a robust federal government, which the European Union lacks. Early in the recession, the feds were able to offset problems in the country’s most troubled regions with a stimulus program (and also with that auto bailout that so many, including Mitt Romney, opposed). The stimulus should have been bigger, and it should have extended over a longer period. But it helped.”

First, the opposite is true. There never was any recovery. Certainly not in California, where unemployment  remains at 10.8 percent.

The bailouts didn’t work. GM would have been better off if its assets had been auctioned off. By now it would be a strong, independent company. Instead, taxpayers lost about $14 billion in the bailouts of GM and Chrysler.

Worse, the GM bondholders were ripped off so that the UAW could get a piece of the action. This set a dangerous precedent and undermined every business bond in the country, disrupting capital formation — and so business and jobs formation. Now, no one’s bonds are secure.

How D.C. looks at California

On California, Dionne naturally likes Gov. Jerry Brown’s proposed $8.5 billion tax hike:

“Moreover, Gov. Jerry Brown deserves credit for trying to get a handle on the California budget crisis. He’s going to the voters this fall with a referendum to raise about $8 billion in taxes to stave off further cuts. Without the money, Brown says, education spending would have to be slashed beyond the cutbacks that have already taken effect.”

Actually, Brown deserves no credit. The tax increase would chase even more businesses and jobs from the state. He also offered only a paltry reform of the state’s underfunded pension systems. And the problem with California’s education system is not a lack of spending, which is generous, but severe structural and pedagogical defects, with the powerful California Teachers Association and the California Federation of Teachers impeding reforms.

Dionne’s view is important because it gives us Californians a glimpse into what our masters in D.C. are thinking about us — and are preparing to do to us.

Maybe the good old Articles of Confederation weren’t such a bad idea after all.

(John Seiler, an editorial writer with The Orange County Register for 19 years, is the managing editor for CalWatchDog.com where this column was first posted.)

-cw

Tags: California, Washington DC, economy, budget crisis, credit rating, EJ Dionne






CityWatch
Vol 10 Issue 51
Pub: June 26, 2012

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