Good news! One of California’s tech giants is expanding! The bad news? Awww, shucks — you’re way ahead of me.

Yup, the expansion is NOT in California. It’s in Austin, Texas. No surprise, as Oracle already had set up an operation down there in recent years. See the “Business Relocation Coach” article below and the link to the full Austin article.

One interesting aspect caught my eye. The 2013 move to Texas received some subsidies from both the state and local governments. Combined that windfall came to $1,067,000 — about $5,335 per employee. To get that subsidy, the company had to commit to not only hiring 200 employees (they ended up hiring FAR more), but to spending at least $5.4 million on real estate improvements. While doubtless the windfall was welcome by the corporation, it’s not nearly enough to make a company expand outside of California, where the HQ is. Other factors (most the result of policies put in place by our CA state and local governments) were much bigger costs that the company faced.

In announcing this latest expansion, Oracle said they were expanding their Austin work force… Read More

As is my custom the past several years on this eve…

And it came to pass in those days, that there went out a decree from Caesar Augustus that all the world should be taxed. And all went to be taxed, every one into his own city.

And Joseph also went up from Galilee, out of the city of Nazareth, into Judaea, unto the city of David, which is called Bethlehem; (because he was of the house and lineage of David) to be taxed with Mary his espoused wife, being great with child.

And so it was, that, while they were there, the days were accomplished that she should be delivered. And she brought forth her firstborn son, and wrapped him in swaddling clothes, and laid him in a manger; because there was no room for them in the inn.

And there were in the same country shepherds abiding in the field, keeping watch over their flock by night. And, lo, the angel of the Lord came upon them, and the glory of the Lord shone round about them: and they were sore afraid. And the angel said unto them, Fear not: for, behold, I bring you good tidings of great joy, which shall be to all people. For… Read More

After years ofintense government and union harassment by theAgricultural Labor Relations Board and the United Farm Workers labor union,Gerawan Farming Inc. notified its workers that effective February 25, 2016, the company will fully close its entire table grape operation, in the County of Fresno. Pursuant to the Federal Worker Adjustment and Retraining Notification Act, known as the WARN Act, Gerawan has been forced into a position of closing an entire arm of its farming operations because of California government assisting a labor union attempt to take over a large company.And Gov. Jerry Brown has not once intervened to stop the unlawful harassment by the union or his own state agency.

The table grape operation closure does not affect any of the employees’ employment in other Gerawan farming operations, but now thousands of farm workers will lose well-paying farm jobs because of California’s corrupt state government. Gerawan always exceeds industry average wages and are the first to increase wages. Gerawan’s website shows their hourly wage for grape packline as $16.27, and upwards of $20.00 per… Read More

Earlier this week, noted pension reformer John Moore published “The Mechanics of Pension Reform,” listing specific principles of pension reform. Moore’s article focuses on state policy; he intends to focus on local pension reform policies in a later article. The list he has produced for state legislators is quite detailed; here’s is a partial summary of highlights:

1 – Change control of public employee pension boards to politically neutral private institutions. Currently, government union operatives exert nearly absolute control over California’s 81 state and local government employee pension systems.

2 – Limit the total annual pension contribution by any government entity to a fixed percentage of pension eligible salary.

3 – Differentiate between annual salary and pension eligible salary to lower overall contributions. Stop counting annual wage increases as pension eligible.

4 – Eliminate collective bargaining for government workers.

5 – Prohibit legislative bodies from granting vested contract rights to pensions.

6 – Require agency in-house… Read More

A week after U.S. Senator Dianne Feinstein threw what some are calling a hissy fit and blowing up months of negotiations by dozens of participants on crucial Western States’ water and drought legislation, Sen. Feinstein gamely put her football back on the tee Thursday and invited the Chair and Ranking Member of a key Senate Committee and other Western senators to try to kick it again. Lucy Van Pelt of Peanuts’ fame couldn’t act more smug and confident.

In an act of political cover designed to set the table for another kick, Feinstein enlisted the aid of eight other well-intentioned but mistaken senators to sign her December 16 joint letter addressed to Senate Energy and Natural Resources chair Lisa Murkowski (R-AK) and ranking member Maria Cantwell (D-WA). The letter calls for a new try at western drought legislation in… Read More

Once again, I find insightful observations (with statistical underpinnings) on Professor Mark Perry’s “Carpe Diem” blog. Here’s a common sense explanation of at least part of the recent years’ decline in U.S. household income.

Not surprisingly, as a greater percentage of people retire and/or go on “disability” (an increasingly abused government/court perk), the average/median household income declines.

http://www.aei.org/publication/some-demographic-trends-that-might-explain-the-stagnation-and-decline-in-us-household-income

Carpe Diem

… Read More

My nasty updated fact for the day — from my “CA vs. the Other States” fact sheet: www.TinyURL.com/CA-vs-other-states

NOTE: This online version of my fact sheet is never quite up to date (hard to change with each update). If you crave the latest dreary version of this fact sheet as a 2 page Word file, I can send it as an attachment.

CAresidentialelectricity costs an average of 40.7% more per kWh than the national average. CAcommercialrates are 66.5% higher. Forindustrialuse, CA electricity is an astonishing 94.4% higher than the national average (September, 2015).

The cost spread is steadily growing between CA and the national average. Our Golden State’s radical energy policies ensure that California’s disparity with other states will continue to grow for years to… Read More

A time-tested Christmas joke describes the four stages of life: First, you believe in Santa Clause. Second, you don’t believe in Santa Clause. Third, you are Santa Claus. Fourth, you look like Santa Claus.

As they look down from their lofty perches in the State Capitol, members of the political ruling class see taxpayers as perpetually being in the third stage, supplying a never ending supply of goodies (i.e., tax revenue) to be collected by lawmakers and bureaucrats, and kept, or redistributed, as they see fit. When taxpayers look back at the politicians, they see them in the juvenile first stage, naively believing in Santa Taxpayer who can effortlessly fulfill their every desire and whim.

Of course, taxpayers can best be described as being in the cynical second stage. They don’t believe in Santa Claus, they work hard, they understand there is no free lunch and they are wary of politicians who try to buy voter support with the money they have extracted from our wallets and pocketbooks. However, if Santa Claus does exist, here is a list of requests that taxpayers might send to the North Pole.

To read the entire column click here… Read More