Oh, my gosh!!! Throw out everything that is taught in your intro to economics courses. The latest from California: Governor Schwarzenegger is now asking for a 2 billion dollar loan from CalPERS to close the state budget deficit. CalPERS is a state agency that administers the pension and health benefits of public employees. This is [...]
Politics rules in California. Sadly, it wins over telling the truth. It is amazing how hard it is for politicians and our leaders to be truthful. Lack of truth is not limited to government. Anyone who has worked in both the private and public sector can attest to this statement. Recent news stories and signs [...]
There is a race for governor going on in California. Politicians from both parties are pushing political hot buttons that get voters all worked up. This provides lots of media coverage to candidates as they declare their positions. Most recently, democrats and republicans are pushing the pension reform and state budget hot buttons. Democrats and [...]
Reading the stories in the front section of the newspaper has become extremely difficult. One story after another points to leaders at both the state and federal level not focusing on solutions to serious issues. Let me give you two examples taken from the July 10, 2010 edition of the Sacramento Bee. Wage cut hinges [...]
A new low for state workers in California. The Sacramento Bee reported this afternoon “The Schwarzenegger administration today ordered State Controller John Chiang to reduce state worker pay for July to the federal minimum allowed by law — $7.25 an hour for most state workers”. Read more at the Sacramento Bee by clicking HERE. Read [...]
As usual the California legislature is late coming up with a state budget. Get it done now so government can provide services to the citizens of California.The governor and legislature need to let go of their deal breaker mentalities. Do what is right socially and economically.This means a combination of cuts in spending and increased [...]
Update on the post below. I stand corrected!!! Honesty is in short supply, but it does exist! The point man for the Coast Guard, Admiral Thad Allen tells it like it is. Thank you Admiral Allen!!! Watch him be up front and truthful with Face the Nation. Watch CBS News Videos Online Honesty is in [...]
Election campaigns mean lots of thirty second sound bites and advertisements that leave many of of us asking ourselves, how much of what I just heard is true? Fortunately, there are non-partisan groups spending hours deciphering truth from just plain old stinky bull. Check out these sites if you are interested in the truth before [...]
Here is a estimate of the amount of oil flowing into the gulf provided by PBS.org
The June 8th, California primary election is just around the corner. The two republican candidates for governor have already spent over $100 million campaigning. The democratic candidate, Gerry Brown watches from the sidelines as Meg Whitman and Steve Poizner attempt to outspend each other. As they spend these huge sums of cash to become governor [...]
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