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USC Poll: Voters want unneeded tax

April 13, 2012 By admin. April 13, 2012 By Wayne Lusvardi An opinion poll might tell you if a majority of the public wants higher taxes.  But it cannot tell you if higher taxes are needed.  Nevertheless, the mainstream media only want to report what opinion polls say people want, while ignore if the tax is needed at all. A case proving that the media prefers to report opinion to reality is a University of S...

Special Series: The pros and cons of municipal bankruptcy

April 12, 2012 By admin. Editor’s Note: This is the sixth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 12, 2012 By Tori Richards What’s better for a cash-strapped municipality: filing for bankruptcy or struggling to survive without any clear solution to a massive deficit? In an era of runaway pensions and multimillion-dollar -- and sometimes billion-dollar --...

‘Funding scheme’ or help for small business?

April 11, 2012 By admin. April 11, 2012 By Katy Grimes Does California need another small business loan guarantee program specifically for clean energy companies and agricultural businesses? California State Controller John Chiang and San Francisco Sen. Leland Yee think so. But some are questioning the motive behind the bill, saying it is merely a vessel for landing federal funding. Chiang and Yee, both Dem...

Special Series: California counties are more at risk of going belly up

April 11, 2012 By admin. Editor’s Note: This is the fifth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 11, 2012 By Wayne Lusvardi There are many California cities likely to be facing future stress to their operating fund budgets because of rising public pension obligations. But even more so county governments are staring down the unthinkable: bankruptcy. This i...
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