Update on Volkswagen Diesel Fraud Case

We filed an action in Butte County on May 17, 2018 with the intent of having a jury decide punitive damages. We would be the first party to bring the defeat device case to jury trial.  Peer reviewed studies proved thousands of people with lung diseases died from the fraud.  

 

Showing Tag: "economy" (Show all posts)

California taxes: Economy is strong, but shortfall may be coming

Posted by Lacy Fletcher on Monday, June 6, 2016, In : Economy 
California's economy is on fire, but the state's finances are facing the cold reality of a revenue slowdown. And experts blame the state's unusual tax system for the problem.



"Right now, the surging tide of revenue is beginning to turn," Governor Jerry Brown said earlier this month at a press conference announcing a revised $122.2 billion state budget and potential deficits ahead due to expiring tax increases.


Brown is urging Sacramento lawmakers to refrain from any massive new spending program...

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Being an Anti-Fragile Business

Posted by Fred Fletcher on Thursday, May 5, 2016, In : Economy 
We live in a new economy.  After the financial collapse of 2008, everything was questionable. For many businesses the question became how do we survive? The survival rate for larger companies is much lower than small businesses since the financial collapse. This has led investors to question what makes a business sustainable. Is it size? cash flow? excited investors? cuddling with politicians? Reality says none of the above. 

One economist was able to predict the financial collapse Nassim Nich...
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California considering bill to support Gig Unions

Posted by Lacy Fletcher on Tuesday, April 19, 2016, In : Gig Economy 

Uber drivers may soon have the right to unionize in California. 

AB 1727, or the California 1099 Self-Organizing Act, would radically alter rules surrounding independent contractors and eliminate some of the very benefits of working for yourself. Under the bill, groups as small as 10 contractors could choose to negotiate together. In the case of Internet platforms, this could mean that some companies are required by law to meet and negotiate separately with as many as 10,000 different groups o...


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California's economy expected to outpace that of U.S. this year

Posted by Fred Fletcher on Friday, April 8, 2016, In : Economy 
California's economy will grow faster this year than the national economy, and unemployment will drop to 5% in early 2017, according to a new report by the UCLA Anderson Forecast.

Personal income in California will increase more slowly than it has in recent years, when the state's economy was bouncing back from the high unemployment of the recession.

In 2016, personal income in California will grow 3.6%, compared with 4.5% in 2015, the report said.

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Data Tracker: Despite improving economy, California millennials still 'failing to launch'

Posted by Lacy Fletcher on Sunday, November 1, 2015, In : Economy 

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Will "Last Chance Grade" and a lasting economic impact on Humboldt?

Posted by Fred Fletcher on Monday, February 23, 2015, In : Development 
Ten miles south of Crescent City lies a stretch of highway prone to landslides, over 200 since the road was constructed. Caltrans is contemplating constructing a bypass farther inland.  The costs of a bypass could be over $1.07 billion. One of our supervisors Rex Bohn stated over 50 businesses travel between Crescent City and Humboldt weekly. The real number is around 340 businesses if you include the marijuana industry. If nothing is done and this portion of road is closed the economic impac...
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McKay Tract, Property Values, Tourism, and 2016

Posted by Fred Fletcher on Friday, January 9, 2015,
It's no secret our coastal Redwoods are a big draw for tourists. The uniqueness of these specimens on our lost coast can't be denied. The McKay tract is nearly 1,000 acres which dwarfs comparable parks. Multiple trails are being constructed for naturalists of all types. Surrounding property values and home sales are experiencing a modest rise which should continue into the foreseeable future. Eureka in many respects is a city experiencing a resurgence which the McKay Tract will hasten. 

Pundit...

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Trinity Lake Water Release Long Overdue

Posted by Fred Fletcher on Saturday, January 3, 2015,

The Interior Department has finally decided to honor a contract made with Humboldt in 1955 to release 50,000 acre-feet of water from Trinity Lake for local use. For decades, the economic power of Central Valley farmers have prevented the release of water we own, water crucial for salmon survival. The water was withheld in violation of the law because Central Valley farmers hired hundreds of lobbyists to convince the Federal government to steal our water. 

For the first time in decades, the Fed...


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Forecast: Economic Prosperity Reduces Crime in 2015!

Posted by Fred Fletcher on Tuesday, December 30, 2014,
Our New Years Resolution is Economic Prosperity for Humboldt in 2015! 

If a community has a high poverty rate it will also have a high crime rate. In the modernized world, poverty and crime always correlate without exception. 

The crime rate in Humboldt is off the hook and sadly children are often the victims. A 14-year-old was murdered in Eureka just days ago, one recent violent incident of many. 

Humboldt is lucky to have many enterprising people as well as several small and large businesses. ...
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