"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
In a truly epic feat of irresponsibility and cynicism, the California legislature, after months of battles, passed a budget that solves none of the underlying problems. The projected deficit for next year is already estimated to be at least $19…
The California legislature announced they have reached agreement on a budget! However, first reports indicates the budget, which is over 90 days late, relies on “optimistic financial projections,” “creative” bookkeeping, and an assumption the the feds will helicopter in more…
What would an election be in California without dueling propositions? Prop 25 would roll back the 1933 proposition which changed the budget vote threshold to two-thirds. Also on the ballot in November is Proposition 26, which would mandate a two-thirds…
CalWatchdog, an investigative journalism site that tilts rightward, weighs in on the governor’s race. [Meg Whitman] says she’s willing to stake a fortune on a candidacy in order to save the state. I just can’t figure what ideas she has…
Meredith Whitney says the appalling fiscal condition of many states is a systemic risk to the country, with California being the worst. The similarity between the states and the banks is clear; off balance sheet coverage, over-leveraging, borrowing against future…