Two good government stories

I am–with I believe ample justification–critical of many of the actions and activities of governments. But here are two small rays of sunshine. “LA schools superintendent shakes up district“. Doing what he thinks is right has put him in some unusual positions, such as siding with plaintiffs who successfully sued the district over closely protected […]

 





“California’s Bad Bet Makes JPMorgan’s Look Minor”

Absolutely true. The one I’m referring to was: made: by California legislators on Sept. 10, 1999. They decided that investment gains would cover 100 percent of the cost of retroactive pension increases they granted that day to hundreds of thousands of state workers. The politicians made the wrong bet — and the result has been a penalty […]

 











If you don’t have enough to worry about

“Space weather expert has ominous forecast“. A stream of highly charged particles from the sun is headed straight toward Earth, threatening to plunge cities around the world into darkness and bring the global economy screeching to a halt. This isn’t the premise of the latest doomsday thriller. Massive solar storms have happened before – and […]