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FlashReport Weblog on California Politics

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Katy Grimes

John Cox Takes On California’s ‘Out-of-Touch Elites’

California Gubernatorial candidate John Cox has a message for California voters: “Help is on the way.”

If you ask Cox what he’s talking about, you’ll get a very clear answer: “Once the land of promise and opportunity, California today is on the brink of financial insolvency, thanks to the failed policies of the Jerry Brown Liberal Politicians.”

“All around the world people are rising up against corruption in government. … I’m going to clean out the barn in Sacramento,”Cox told Fox News the morning after… Read More

Edward Ring

Desalination Plants vs. Bullet Trains and Pensions

Current policy solutions enacted to address California’s water crisis provide an object lesson in how corruption masquerading as virtue is impoverishing the general population to enrich a handful of elites. Instead of building freeways, expanding ports, restoring bridges and aqueducts, and constructing dams, desalination plants, and power stations, California’s taxpayers are pouring tens of billions each yearinto public sector pension funds – who invest 90% of the proceeds out-of-state, and the one big construction project on the table, the $100B+ “bullet train,” fails to justify itself under virtually any credible cost/benefit analysis. Why?

The reason is because infrastructure, genuinely conceived in the public interest,lowersthe cost of living. This in-turn causes artificially inflated asset values to fall, imperiling the solvency of pension funds – something that would force them to reducebenefits. Beneficial infrastructure is also a threat to crony capitalists who don’t want a business climate that attracts competitors. Affordable land, energy, and water encourage economic growth. Crony capitalists and public sector unions alike hide… Read More