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Sequester would axe large federal spending programs in CA 13

Feb. 25, 2013 By Chriss Street Over the weekend, the White House released a report detailing some of the programs and services in California that would be impacted beginning on March 1.  The Obama Administration has threatened that the cuts

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Misery Index about to soar in CA, US 11

Feb. 22, 2013 By Chriss Street The  “Misery Index” is inflation plus the unemployment rate. For example, today the U.S. unemployment rate is 7.9 percent and inflation is 1.7 percent. So the “Misery Index” (rounding off) is 10 points. Anything above

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CA admits higher taxes kill tax collection 11

Feb. 21, 2013 By Chriss Street Gov. Jerry Brown was just forced to admit reality. His supposed $5 billion boost in January tax collection from Proposition 30, which increased sales and income taxes, was really just an early collection of

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We predicted there was no tax ‘windfall’ 16

Feb. 19, 2013 By John Seiler The office of Gov. Jerry Brown and the Los Angeles Times finally are catching up with what we reported earlier here on CalWatchDog.com. The Times reports today: “SACRAMENTO — The surge of revenue that

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New energy secretary could boost CA oil production 2

Feb. 8, 2013 By Chriss Street President Obama’s expected naming of Ernest J. Moniz as the next secretary of energy is good news for energy producers and consumers, especially those in California. It represents the recognition that oil and gas

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Tree ring studies confirm global COOLING, cast doubt on AB 32 20

Jan. 31, 2013 By Chriss Street Global cooling? New studies of tree rings show that it’s happening. Yet California remains governed by AB 32, whose official title is the “Global Warming Solutions Act of 2006.” It’s seven years later. Gov.

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California pension Death Star approaching 43

Jan. 18, 2013 By Chriss Street When Moody’s Investors Services issued a “Request for Comment” last July about their plan to begin recalculating the effect of massive state and local unfunded pension liabilities on credit quality, I warned that this

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CA should emulate MI jobs creation 11

Commentary Dec. 21, 2012 By Chriss Street With the California unemployment still well above the national average, the Golden State might look to the Auto State for how to spur job growth. Last week, Michigan Gov. Rick Snyder signed legislation to

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CA state budget goes off the cliff 52

Dec. 12, 2012 By Chriss Street California State Controller John Chiang announced that total State revenue for the month of November 2012 fell $806.8 million, or 10.8 percent, below budget.  Democrats thought they could hammer “the rich” by convincing voters

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Californians fleeing to Mexico 27

Nov. 30, 2012 By Chriss Street On Tuesday, President Obama met with the newly elected president of Mexico, Enrique Pena Nieto.  While the press focused on the Administration’s talking points for discussions on a wide range of issues from energy to

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