When it comes to the California public pension system, one thing is crystal clear: it absolutely must and will change. The question is when and how. Practically every expert who has analyzed the state’s pension figures uses the word “unsustainable” to describe the system.
Faucets on. Streets clear. Trash gone. Most city dwellers take for granted the infrastructure of daily life. And, except for monthly reminders supplied by bills, utility providers generally remain far from consumers’ minds.
Big banks have been drawing heat this year. Some is focused, such as the clamor over monthly debit card fees being proposed or tested by several national banks. Some is diffused, such as that from the apparently leaderless Occupy Wall Street movement and its nationwide imitators.
From the moment President Barack Obama signed the Affordable Care Act in March of 2010, observers predicted the law’s fate would ultimately be determined by the Supreme Court. Now, almost two years later, the court is indeed preparing final arbitration of the most sweeping and controversial health law in a generation.
In the past few months, Sacramento County’s burgeoning medical marijuana industry has been slashed by two-thirds. Federal and local officials are slapping landlords with fines and criminal charges if they lease or rent to such establishments. In August, Sacramento County was home to 99 medical marijuana dispensaries. By November, more than 63 had closed.
Peter Lindert is one of the preeminent voices in the “deep history” field of economics, which looks at the world economy over the scope of all human history. We recently talked with the UC Davis professor about the U.S. and global economies and the penchant for both to experience exhilarating highs and devastating lows.
Bradley J. Hudson, 53, was hired as the Sacramento County executive in mid-August. With more than 25 years of administrative experience in civic government, he most recently served as the city manager of Riverside.
In the past 10 years, Alzada Knickerbocker of independent bookseller The Avid Reader has seen her revenue cut in half. To help businesses like hers that suffered during the e-commerce boom, earlier this year lawmakers introduced the Assembly Bill X1 28, the so-called Amazon tax law.
For most business people, a market-based solution to providing health care coverage to uninsured Americans is a no-brainer.
Carissa Carpenter had her eye on Mare Island for the location of a state-of-the-art movie and television studio plus production company. Headed by Carpenter and studio president Howard Kazanjian, renowned producer of blockbuster films such as “Raiders of the Lost Ark” and “Star Wars: Episode VI – Return of the Jedi,” the studio aimed to be an alternative to Hollywood’s heavily booked and expensive movie sound stages.