Tag "Jerry Brown"

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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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Brown Gang Can’t Tax Straight

John Seiler: The Three Stooges have taken over California government. Gov. Jerry Brown’s regime couldn’t even type up its tax-increase initiative scheme without botching it. Correcting the error, Brown sent a letter to the attorney general: (ii) For that portion

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Brown: Botch Housing Even More

John Seiler: The housing crisis of recent years was caused by the government itself. The Federal Reserve Board — a quasi-private bank whose directors are appointed by the president — has debased the dollar while keeping interest rates artificially low.

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Market, Not Govt., Builds Cheaper Housing

JAN. 17, 2012 By WAYNE LUSVARDI Is the demise of redevelopment hurting the poor? El Monte Mayor Andre Quintero says it is. He’s bemoaning that, when Gov. Jerry Brown  and the Legislature killed redevelopment, the source of funds for affordable

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CA GOP Going to Elephant Graveyard?

JAN. 17, 2012 Many in the media say that Republicans are rapidly becoming irrelevant in California, and will become nothing more than an afterthought after the next election. Even a Capitol press club, made up of declining “old media” newspaper,

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High-Speed Platinum Contracts

JAN. 13, 2012 By KATY GRIMES It’s like a runaway train pushing a side a cow on the tracks. Controversy over the $98.5 billion-dollar-and-growing price tag? Move aside! The California High-Speed Rail Authority held a seemingly “regular” monthly meeting in Los

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CA Running Massive Cash Deficit

JAN. 12, 2012 By CHRISS STREET The California state government’s general fund is running a staggering cash deficit of $21 billion on an $88.5 billion budget. The number comes from Controller John Chaing just-released financial statement for December 2011. The

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LAO: Brown Numbers Don’t Compute

JAN. 12, 2012 By JOHN SEILER Gov. Jerry Brown’s budget proposal contains more smoke than a forest fire. More mirrors than a funhouse. And more empty promises than a presidential candidate’s platform. So much for his solemn pledge, in his

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Brown Wants New Anti-Business Agency

JAN. 11, 2012 By LAER PEARCE California lost about five and a half companies a week to other states in 2011, as the mass migration to avoid California’s hostile business environment grew.  You would think a governor who is hungry

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Brown Pushes Cap & Trade Pension Grab

JAN. 11, 2012 By WAYNE LUSVARDI Call it pension “entrap and raid” —  instead of environmental “cap and trade.” Gov. Jerry Brown is floating an idea to divert $1 billion from the auction of pollution credits under California’s Cap and

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