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Calif. default risk turns Gov. Brown into a capitalist

Aug. 2, 2012 By Chriss Street There is nothing like the threat of insolvency and a downgrade to junk bond status to motivate traditionally liberal politicians to abandon the environmentalists who heavily fund their campaigns.  Last week, Gov. Jerry Brown

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Mexico dissolves its FBI and moves to legalize drugs

July 31, 2012 By Chriss Street In a stunning development, President-elect Enrique Pena and his Institutional Revolutionary Party, who won control of Mexico’s government on July 1, moved to dissolve the Agencia Federal de Investigación.  Modeled after the United States’ FBI,

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Get prepared for this year’s fire season

July 16, 2012 By Chriss Street California is one of the worst fire zones in the nation.  As we go to press, there are at least 10 major fires and more than 55,000 acres of California burning.  Major incidents include

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The train that broke California’s back

July 12, 2012 By Chriss Street The state of California was already facing a $19 billion budget deficit, had shorted K-12 public schools $8 billion and are releasing imprisoned rapists into the “community probation” when the California Legislature’s Democratic majority

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Obama unites the extreme left and right

June 18, 2012 By Chriss Street Back in September last year in an article titled “Revolution on the Left to Overthrow President Obama Begins,” I predicted that there would be a political “coup d’état” against the president by the extremist

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President Obama’s green immigration strategy

June 18, 2012 By Chriss Street President Barack Obama’s Executive Order to suspend the deportations of 800,000 illegal aliens for two years will act as a magnet to motivate millions of people from around the world to come to the

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California voters OK 63% of tax measures

June 8, 2012 By Chriss Street Local voters approved 63 percent — or 55 of the 87 — local tax, bond or fee measures on the June 5, 2012 California primary ballot, according to Michael Coleman, the creator of CaliforniaCityFinance.com.

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Shock: Wind energy goes radioactive

June 6, 2012 By Chriss Street Al Gore opened his 2006 movie, “An Inconvenient Truth,” with an apology for not having already saved the world from global warming: “I have advocated policies to promote renewable energy and accelerate reductions in

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FHA subprime defaults hit 9% in California

May 18, 2012 By Chriss Street The American taxpayer is about to be saddled with another multi-billions bailout of subprime mortgage loan losses  from the stealth Federal Housing Authority lending program that has been offering ultra-low 3.5 percent down payments since

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JP Morgan fiasco means higher interest rates ahead

May 15, 2012 By Chriss Street If there was an Academy of Motion Picture Arts and Sciences award for the best acting performance by a CEO, Jamie Dimon of J.P. Morgan Bank would surely win the Oscar for his dismissal

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