Blame Monopolistic Unionism For Port Authority’s Outrageous Fees

The Port Authority of New York and New Jersey. a joint venture between the Empire and Garden States, controls a substantial share of the transportation infrastructure in the New York City region, including bridges, tunnels, airports and seaports. As Steven Malanga of the Manhattan Institute reports in a new article for the MI-publishedCity Journal, today…

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Californian proclaims: Welcome Texans

California appears open for business.  That is, open for Right to Work states to come in and court businesses to relocate in their states.  Steve Malanga has the story publicsectorinc.com. We’ve written before about the efforts of Texas Gov. Rick Perry to lure California businesses to his state, which elicited a scatological response from Gov.…

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The Pension Fund That Ate California

Steve Malanga tells the story of the largest government union pension fund – CalPERS, in the City Journal.   After spending years dogged by unpaid debts, California labor leader Charles Valdes filed for bankruptcy in the 1990s–twice. At the same time, he held one of the most influential positions in the American financial system: chair of the investment committee for…

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