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Towards a Grand Bargain on California Water Policy

Towards a Grand Bargain on California Water Policy

. .… By Edward Ring When it comes to water policy in California, perhaps the people are more savvy than the special interests. Because the people, or more precisely, the voters, by huge majorities, have approved nine water bonds in the past 25 years, totaling $27.1 billion. It is likely they’re going to approve another […]

Why Teachers Unions are the Worst of the Worst

Why Teachers Unions are the Worst of the Worst

    By Edward Ring When considering the influence of unions on American society, there are vast differences depending on what type of union one considers. Private sector unions, for all the criticisms they may deserve, have nonetheless played a vital role in securing rights for the American worker. Subject to appropriate regulations, private sector […]

In Search of Government Union Transparency

In Search of Government Union Transparency

. . . by Edward Ring   Anyone who thinks it’s easy to calculate the total annual revenue of California’s government unions hasn’t tried to do it. And this statistic is vital to understanding one of the most powerful forces – if not the most powerful force – in California’s state and local politics. The problem […]

Water Rationing Laws Exemplify the Malthusian Mentality of California’s Legislators

Water Rationing Laws Exemplify the Malthusian Mentality of California’s Legislators

. . . . by Edward Ring . As reported in the Sacramento Bee and elsewhere, on May 31st Gov. Jerry Brown “signed a pair of bills Thursday to set permanent overall targets for indoor and outdoor water consumption.” After pressure from the Association of California Water Agencies and others, the final form of these bills, Assembly Bill 1668 by […]

California’s Transportation Future, Part Three – Next Generation Vehicles

California’s Transportation Future, Part Three – Next Generation Vehicles

    by Edward Ring The next generation of vehicles will transform transportation in several fundamental ways. What is coming will be as revolutionary in our time as the transition from horses to horseless carriages was over a century ago. Some increments of this dawning revolution are already here in realized products. Electric drivetrains. Collision avoidance […]

California’s Transportation Future, Part Two – The Hyperloop Option

California’s Transportation Future, Part Two – The Hyperloop Option

    by Edward Ring In July 2012, Elon Musk sat down for a “fireside chat” with Sara Lacy, founder of the PandoDaily website. In between discussions of Paypal, Tesla, and SpaceX, 43 minutes in, Musk unveiled his idea for the “Hyperloop,” a new transportation technology that “incorporates reduced-pressure tubes in which pressurized capsules ride on air bearings […]

California’s Transportation Future, Part One – The Fatally Flawed Centerpiece

California’s Transportation Future, Part One – The Fatally Flawed Centerpiece

    by Edward Ring California’s transportation future is bright. In every area of transportation innovation, California-based companies are leading the way. Consortiums of major global companies have offices throughout the San Francisco Bay area, pioneering self-driving cars that consolidate technologies from not just automakers, but cell phone manufacturers, chip designers, PC makers, telecoms, and software […]

How to Assess Impact of a Market Correction on Pension Payments

How to Assess Impact of a Market Correction on Pension Payments

. by Edward Ring . On January 28, 2018, the Dow Jones stock index closed at a record high of 28,610. Nine days later, on February 6, the Dow index hit an intraday low of 24,198, a drop of over 15 percent. Since then the Dow index has recovered somewhat, along with other stock indexes and […]

California Government Pension Contributions Required to Double by 2024 – Best Case

California Government Pension Contributions Required to Double by 2024 – Best Case

by Edward Ring The employer contribution to California’s state and local government pension systems will double, from $31 billion in 2018 to $59 billion by 2024. This estimate is based on aggregating official projections of cost increases issued by CalPERS to their participating agencies, and extrapolating those projections show the overall impact on all of California’s […]

Permanent Water Rationing is Coming to California

Permanent Water Rationing is Coming to California

. by Edward Ring . Have you experienced water faucets that spray tiny jets of water onto your hands? You know, those eight tiny jets of water, each about 1.0 millimeter in diameter, that are emitted with so much pressure that the paltry quantity of water bounces off your skin before you can get it wet […]