New CA High-Speed Rail biz plan crashes into reality

By   /  April 16, 2012  /  News, State Budgets, State Government  /  1 Comment

What a train wreck. Barreling down the tracks in one direction, on April 9 a congressional committee launched a probe California’s high-speed rail project over charges of conflicts of interest and questionable spending of federal dollars.

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California’s Cadiz creates water out of thin air

By   /  April 10, 2012  /  News  /  No Comments

water

Call it “thin water.” A small private company called Cadiz Inc.in Los Angeles is in the process of creating water in California’s Mojave Desert — like a magician, literally out of thin air.

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CA pols calling for change to U.S. Constitution

By   /  March 26, 2012  /  News  /  No Comments

California Democrats are pushing for Congress to amend the United States Constitution, and impose limits on political corporate contributions. Really.

At issue is the Citizens United v. Federal Election Commission Supreme Court decision.

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CalPERS Funding Might Be Only 40 Percent Funded

By   /  March 23, 2012  /  State Government, WatchBlog  /  No Comments

By John Seiler | CalWatchdog

SACRAMENTO – As we’ve been warning here on CalWatchDog.com for more than two years now, CalPERS’ funding is way too low. I’ve written before how CalPERS might only be funded at the 55 percent level.
It turns out that even that is too optimistic. The new level might be just 40 percent, according [...]

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San Jose State Foundation Filed Fraudulent Tax Returns

By   /  March 22, 2012  /  Education, Fraud, News  /  No Comments

A California State University foundation has filed fraudulent tax returns for three consecutive years, potentially jeopardizing the organization’s tax-exempt status, with the potential of criminal penalties for several university personnel, a CalWatchDog.com investigation has found.

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