[Coronita]

http://www.ocregister.com/articles/sca5-607087-education-senate.html

Janet Nguyen: SCA5 is a warning for state

Senate Constitutional Amendment 5, a divisive piece of legislation that sought to repeal portions of Proposition 209, has been tabled. For the time being, California voters will not be forced to decide whether they want to grant preferential treatment in public education to individuals on the basis of race, sex, color, ethnicity or national origin. However, the battle over SCA5 is not over.

In the past, SCA5’s author Sen. Ed Hernandez made similar attempts to reintroduce preferential treatment into public education, first in 2010, with Assembly Bill 2047, and in 2011, with Senate Bill 185. Democratic Gov. Jerry Brown and Republican Gov. Arnold Schwarzenegger vetoed both bills. Consequently, while SCA5 is temporarily dormant, there is no guarantee that it will not return.

Before it was halted, SCA5 was passed in the California Senate without a single Republican vote because Democrats hold a two-thirds majority of seats. Having this two-thirds majority unintentionally creates a setting where legislation of critical importance to all California residents could be passed without any input from the minority party who may have another point of view. Regardless of your party affiliation, an environment where one party’s opinions are disregarded is not conducive to sound policymaking.

In addition to my concerns over the manner in which SCA5 was passed in the Senate, I was most concerned about the content of the legislation. The amendment aimed to fix a symptom of a larger problem by tampering with admissions criteria. Consequently, if I had been presented with the opportunity to vote on it, I would have firmly voted against it. However, I would have recognized the need for a solution to the problems highlighted by SCA5.

In the case of SCA5, we don’t need legislation; we need a solution for the deficiencies in the K-12 education system that are creating an environment where fewer minorities are applying to college.
Data from the UC Office of the President and the CSU Analytic Studies division show that minority students are being accepted into our UC and CSU systems in higher proportions but the amount of college applications submitted by minorities is still limited.

Finding out the reasons why we have limited minority applications should be the focus, not changing the criteria used in college admissions.

As an immigrant whose family came to the United States in search of freedom, my parents reminded my siblings and me that our life would be better if we took advantage of the educational system in this country. In Vietnam, only children with finanical means or connections have the opportunity to have an education. Because of this, I have always placed a great value on education. I knew that obtaining a higher education would be the key for me to advance and I want all children to have that opportunity, regardless of their race, sex, color, ethnicity or national origin.

We need to talk about how we can proactively enhance the K-12 education system to make sure that we increase the chances for all children who wish to pursue their dreams of attending higher education.

What we don’t need to do is advocate in favor of legislation, like SCA5, that seeks to divide rather than unite. Unfortunately, the two-thirds majority in the state Senate has made it possible for legislation like SCA5 to be passed without debate.

(Orange County Supervisor Janet Nguyen is a candidate in the 34th state Senate District.)

[Coronita]

Aint gonna happen…

[Coronita]

Somewhere buried in this news is the fact that he killed 3 asian kids because they “were too nerdy”…with a knife….

Kid was messed up….Was gonna find a way for maximum destruction…..knife, gun, car, or whatever else was available…..

Mental illness isn’t exactly the easiest thing to identify….Some people can I guess just “snap”….

[Coronita]

Ok, as an added bonus question.. What is everyone’s current 401k allocation (and 401k, assuming subjected to the limits of your company’s/employer’s constraints)….

I’m doing about

20% large cap,
15% mid cap,
15% small cap,
10% bonds,
20% international emerging markets,
20% cash/loan to myself…

And as an second bonus question. Do you plan on rebalancing in the near future, and if so, what do you think will be doing and when? And also, are you really going to rebalance equally, or are you going to nudge things slightly one way or the other toward an class of investments?

[Coronita]

Thanks folks for the feedback..Yeah, I was just curious…

The other accounts (529, rollover IRAs, individual self directed accounts) seemed to perform better this year. For whatever reason, my fidelity 401k seemed like it was just sucking wind.

Looks like everyone’s 401k is approximately equally sucking wind, so I feel better more or less, though my seem to be sucking slightly more than others.lol….

[Coronita]

War of have versus have not’s continues…..

[Coronita]

I love the CNN headlines.

[img_assist|nid=18093|title=CNN…Con news network…|desc=|link=node|align=left|width=400]

Aside from the fact that today is memorial day, and we should be honoring our fallen soldiers as page 1 on news IMHO. I love how CNN decides to say

“Roommates and a ‘really great kid'”….

I guess the roommates weren’t “really great kids” too….

CNN is a cesspool these days….. Grabbie grabbie headliners for ratings…. That’s about it…

BBC/NPR both are way better….

[Coronita]

Happy Memorial Day everyone, in honor of our veterans that served and sacrificed for our country, past , present ,and the future….

(If I didn’t remember, I wouldn’t know about it from CNN’s top story….I don’t expect anything more though, from CNN…. 🙁 )

[Coronita]

Fidelity stinks… That is all 🙁

[Coronita]

Update….

So Costco never got back to me on the damage claim…The onsite manager told me that if I wanted to go get a detailer and see if it polishes out and send him the bill….

I figured it wasn’t worth the hassle…

Meanwhile, I did find a good installer in Clairemont…

C2 Motorsports. Got new rims and tires for the auto-x car and C2 Motorsports does great job.. Awesome guys…

https://www.theracersstore.com/

Costco automotive.. I’m done…

[Coronita]

I’ve decided to boycott costco for anything automotive related….. After them doing a number on my last set of wheels at the tire center.

[Coronita]

How much is he… err scratch that….. How much are you willing to pay for rent?

🙂

[Coronita]

[quote=The-Shoveler]flu most of that has to do with scale, but yea I remember paying 3K for a Slow POS PC with one 40Meg hard drive back in the day (but is was made in America LOL).

The lower end of the wage scale has really lagged behind and suffered the last 20 or so years, so there needs to be some leveling IMO.

They are not going to manufacture I-Pads here anytime soon regardless.

You give a low wage earner a little more money he will spend it, you give the CEO a few million more bucks he will put it in a tax shelter somewhere.
(or maybe buy a NY condo).[/quote]

I think some things have to be done for wages on the low end.. But just pointing out that eventually, everything will most likely shift to fewer people working, even when wages do go up….

Looks what is happening right now in grocery stores. You have 1 cashier managing 4-5 self-service checkouts….

Keep moving up or get outdated by technology….

[Coronita]

I think I must be insane to work in the tech industry…

I think the tech industry is probably the only industry in which a computer or mobile phone is 50x more powerful than something that existed 10 years ago, but costs 1/3 the price of that item 10 years ago, even in non-inflation adjusted dollars…

That cost squeeze gotta come from somewhere…. I guess it usually comes out of axing jobs in high cost areas….

I guess I’m pretty lucky so far (knock on wood) because I’m considered a high performer to justify my cost….

HP just announced 10k-16k layoffs btw…

I do not envy folks who are trying to start a small biz right now….It must be a tough environment out there…

[Coronita]

Looks like the Bernardo fire was started by construction…

http://fox5sandiego.com/2014/05/16/bernardo-fire-caused-by-construction-investigators-say/#axzz31dy3eCvx

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