Tag "budget deficit"

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Capitol Protest: Occupy vs. Teachers

Katy Grimes: California Teachers Association and Occupy Protestors are going to fight for relevance on Monday. Glitter-wearing Occupy protestors from Berkeley and Davis are headed to the state Capitol Monday morning. In a well-orchestrated protest planned for Monday, teachers and school

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CARB ‘Rogue Agency’ Snubs Legislators

MAR. 1, 2012 By KATY GRIMES A Wednesday hearing in the Legislature to discuss pending state cap-and-trade auction revenues produced very few answers. But it did prove that no one in the state has a handle on the implementation of

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Assemblyman Calls CARB Out

Katy Grimes: UPDATED: 3/1/2012 Assemblyman Brian Jones crisply expressed his frustration today at an Assembly Budget Committee hearing, when he called-out  Mary Nichols for not attending the hearing. Nichols is the California Air Resources Board Director. “CARB is a rogue agency,”

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Governance by Boondoggle

FEB. 29, 2012 The road to California’s financial recovery will be long and arduous. But a first good step is putting an end to taxpayer-financed boondoggles. We know from the collapse of the Soviet Union and other failed regimes around

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Broke State Budget Hits Dead End

FEB. 29, 2012 By KATY GRIMES In in an effort to avoid a cash-flow problem, State Treasurer Bill Lockyer appeared on Bloomberg news last week talking about the sale of $1 billion in state revenue anticipation notes to Barclay’s and

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Military Base Closures Could Hit Economy

FEB. 28, 2012 By KATY GRIMES California’s economy is in the tank. That is old news. While there doesn’t seem to be relief on the horizon, there is now talk about military base closures. And as with any large employer

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CA Is The Worst Run State!

Katy Grimes: California might have to-die-for weather, but everything else is the Pits. A recent study was done to find the best and worst run states…and the winner is… Wyoming! The loser is… California. For the second year, 24/7 Wall

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Think ‘Big Labor’ For Arena Deal

Katy Grimes: What does a city do when the chips are down, the deficit is huge, services are cut and public approval is at a record low?  Why, of course, it’s time to build a sports arena. In Sacramento, despite

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Dems Order Private Sector Pensions

Katy Grimes: Democrats announced a new pension ponzi scheme on Thursday, under the auspices of wanting “millions of Californians to have guaranteed retirement benefits.” But the plan could be the final nail in the coffin of private industry in California. Former

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Portantino Making Waves, Not Friends

FEB. 24, 2012 By KATY GRIMES Democratic Assemblyman Anthony Portantino isn’t making many friends these days in the Legislature. After a well-publicized battle with Assembly Speaker John Perez, D-Los Angeles, over the Assembly’s secretive accounting practices, Portantino has introduced a measure

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