Saturday, February 9, 2013

Well, That Didn't Last Long...

The lead on this WSJ ($) article pretty much sums it up:
Well, that didn't take long. The pension reforms that California Governor Jerry Brown signed in September have been in effect for all of a month, and Democrats are already seeking a partial annulment. The Kim Kardashian-Kris Humphries marriage had more staying power.

State assemblyman Luis Alejo (D., Teamsters) wants to exempt some 20,000 mass transit workers on the pretext that the new pension law violates the 1964 Urban Mass Transportation Act...
California – a shining example of how socialism (in the guise of “progressivism”) can reduce a vibrant symbol of human success to a smoldering economic ruin.  Quickly, too.

Doom...

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