Tag "Chriss Street"
Back to homepageBankruptcy series: The Road Ahead
Editor’s Note: This is the 11th in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 14, 2012 By Chriss Street Up through September 2011, Wall Street underwriters, bond counsels and other assorted securities industry camp followers were gloating over
Read MoreCalifornia politicians love to tax like the French
Nov. 4, 2012 By Chriss Street Support for Proposition 30, the income and sales tax increase touted by Gov. Jerry Brown, has fallen below the critical 50 percent needed for passage for the first time in the California Field Poll.
Read MoreCalifornia-bred supply-side economics is coming back
Oct. 23, 2012 By Chriss Street The Great Recession was primarily caused by the collapse in economic demand as 70 million baby boomers born between 1946 and 1964 moved out of their peak spending years in their mid-30s to mid-50s
Read MoreThe coming American energy independence
Sept. 19, 2012 By Chriss Street This is a crucial development for California, which recently slipped to fourth among the 50 states in oil production. Texas remains first, followed by North Dakota and its lucrative new Bakken formation, then Alaska in
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Video: Honey, you didn’t build that!
Sept. 16, 2012 By John Seiler Your owe your whole life and everything you have done to the government. You’re just a cog in a giant machine. Never forget that. You might as well just quit working and go on
Read MoreController Chiang pounds California municipalities
Aug. 29, 2012 By Chriss Street California State Controller John Chiang announced that the cities of Milpitas and Morgan Hill illegally tried to convert hundreds of millions of dollars of real estate, cash and investments that were required to be
Read MoreFederal Reserve warns, Calif., other municipal bonds very risky
Aug. 20, 2012 By Chriss Street Last week, we first reported first that “Permanent Link to Calif. sales tax revenue nosedives 33.5%,” then that “Moody’s warns of mass Calif. municipal bankruptcies.” During the Great Recession of the last four years,
Read MoreMoody’s warns of mass Calif. municipal bankruptcies
Aug. 18, 2012 By Chriss Street The klaxon horn went off Friday evening for California municipal bondholders when Moody’s Investors Services issued a report stating that the plummeting financial condition of many California counties, cities, school districts and other government
Read MoreCalif. sales tax revenue nosedives 33.5%
Aug. 14, 2012 By Chriss Street We were severely criticized last week by the left and the right for publishing, “Calif. default risk turns Gov. Brown into a capitalist.” The report highlighted that Gov. Jerry Brown is steamrolling environmentalists and regulators
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