The Supreme court hears oral arguments on the legality of Furloughs on September 8, 2010. As noted in many publications the ruling has most likely already been made. The oral arguments can be used to fill any wholes in the ruling. The ruling will not be immediate, but could come quickly by court standards. This [...]
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 [...]
Local government moves forward despite the terrible economy. These videos are on the new promenade along the Sacramento River in the downtown area.
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 [...]
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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