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Jerry Brown (Kevork Djansezian / Getty)

Jerry Brown Welcomes Obama’s Coal Crackdown

California Gov. Jerry Brown welcomed President Barack Obama’s “Clean Power Plan,” a new set of environmental regulations to cut down what the administration calls “carbon pollution.” The goal is to cut national carbon dioxide emissions 32% from 2005 levels by 2030.

AP Photo/Charles Dharapak

Weasel: Adam Schiff Supports Iran Deal that Does Not Exist

On Monday, Rep. Adam Schiff (D-CA) announced his support for the Iran deal. In a statement, Schiff, the ranking member of the House intelligence committee admitted the deal’s flaws, but said he was supporting it because he believed there was no alternative. He also said that Congress should work with the administration to make the Iran deal stronger.

Homejoy Toilet Paper (Cindy Ord / Getty)

Dumb VC: Homejoy Charges $19 an Hour, Loses $12 an Hour

Uber is now valued at almost $51 billion, a valuation that puts the “on-demand mobile service” (ODMS) leader at the level of Facebook in 2011. The company’s fund-raising success has spurred a vast number of “Uber for X” start-ups that are building corporate empires with legions of outsourced contract workers. But the “gig economy” seems to be operating the same money-losing business model as the “Dot-com Bubble.”

Doctor Stethoscope (Joe Raedle / Getty)

Doctor Shortage Looms as Obamacare Rolls out, Says Expert

America faces a deep shortage of doctors as Obamacare is implemented. That is the view shared by 100 health care professionals who gathered at the 33rd annual meeting of Doctors for Disaster Preparedness in Ontario, California over the weekend. They forecast

Factory workers 1956 (Three Lions / Hulton Archive / Getty)

U.S. Factory Construction Hits Highest Level Since 1958

Investment in new U.S. factory plant and equipment just hit the highest level since 1958. After 100 years of economic dominance due to cheap and abundant oil, U.S. politicians turned against domestic oil production in the 1970s and the Middle East oil production took off. For the next 40 years, the budget deficit and income inequality soared as high-paying manufacturing jobs went offshore. But with fracking re-establishing America as the planet’s largest energy producer, U.S. manufacturing is back.

Reuters / Max Whittaker

Pension Crisis: Cut 30% of Payroll or Overturn Prop. 13

Each new California legislative session starts with Republicans yakking about cutting state and local public pension benefits that are over $1 trillion underfunded. But as a minority party and with many of its loudest advocates hypocritically receiving a public pension, reform has just been about yakking. But with CalPERS’ actuaries demanding a pension funding increase from $3.7 billion to $7.25 billion by 2020, the state must either cut payroll by 30 percent or find a massive new tax source, like overturning Prop. 13.

Barack Obama

Obama’s Iran Deal: Two False Choices

Critics of the Iran deal have pointed out that President Barack Obama has imposed a false choice on Congress: accept a bad deal, or go to war—as if those are the only two alternatives. In fact, Obama has imposed a second false choice: either cooperate with the international community, or go it alone.