Tag "Bill Lockyer"

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Special Series: Bond Holders Seek Governmental Transparency

Editor’s Note: This is the fourth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 20, 2012 By DAVE ROBERTS Once upon a time buying a municipal bond was considered a safe bet. A decent rate

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Skelton Right on Initiative Reform

John Seiler: I was so shocked this morning when I saw George Skelton’s column that I had to read it twice. I actually agreed with him. He’s calling for reform of the state’s broken initiative process. He bashes Attorney General

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CA Credit Rating Nothing to Celebrate

JAN. 17, 2012 They were slapping high fives in the offices of state Treasurer Bill Lockyer this week. Why the celebration?  Because California no longer has the nation’s worst credit rating, according to Moody’s Investors Service. “The reason we’ve improved

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Term Limits Were a Big Bust

John Seiler: Back in 1990, I wrote many editorials for the Orange County Register backing Proposition 140, which limited the terms of state legislators. Senators could serve only two four-year terms; assemblymen only three two-year terms. It was supposed to

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Fed Debt Default Imperils CA Budget

JULY 14, 2011 By WAYNE LUSVARDI Purgatory is a temporary place of agony, torment and suffering between heaven and hell.  that is apparently where California’s state budget might be headed if the federal government, by failing to raise the federal

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Brown Debt Gimmicks 'Balance' Budget

JUNE 14, 2011 By WAYNE LUSVARDI Most knowledgeable people realize that California’s debt emperor has no clothes. Even if the mainstream newspaper media continue to clothe the emperor in the robes of an all-wise Buddhist monk who has taken a

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Jim Rogers: Chainsaw Spending

John Seiler: Famed investor Jim Rogers has been warning for years that federal, state and local governments have been wasting way too much of the taxpayers’ money. The result: massive deficits at all levels of government, especially California, and pleas

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GOP Advances Sensible Budget

John Seiler: Yes, it can be done. California’s bloated, out-of-control, jobs-killing state budget can be balanced without increasing taxes. The budget proposal Republican legislators just put forward sure isn’t perfect. And maybe its assumptions — such as continued increases in

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CA Dems Hold Looters' Convention

MAY 2, 2011 By JOHN SEILER H.L. Mencken called elections “advanced auctions of stolen goods.” That certainly was true of last November’s election, in which Gov. Jerry Brown and other Democrats auctioned off California taxpayers’ money to the public-employee unions.

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Lockyer: 'We're coming after you!'

John Seiler: In person, state Treasurer Bill Lockyer is a mild-mannered fellow, whom I’ve enjoyed meeting with several times. But his class-warfare rhetoric makes him sound like a California Pol Pot. Here’s what he just said at this weekend’s California

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