New CA High-Speed Rail biz plan crashes into reality
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.
Read More →California’s Cadiz creates water out of thin air
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.
Read More →CA pols calling for change to U.S. Constitution
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.
Read More →CalPERS Funding Might Be Only 40 Percent Funded
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 [...]
San Jose State Foundation Filed Fraudulent Tax Returns
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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