Tag "John Chiang"

Back to homepage

Much required of Democratic Legislature 33

Dec. 14, 2012 By Joseph Perkins I met Darrell Steinberg last week. The state Senate president pro tem said that he and his fellow Democrats recognize the awesome responsibility that comes with the supermajorities they now enjoy in both chambers

Read More

CA state budget goes off the cliff 52

Dec. 12, 2012 By Chriss Street California State Controller John Chiang announced that total State revenue for the month of November 2012 fell $806.8 million, or 10.8 percent, below budget.  Democrats thought they could hammer “the rich” by convincing voters

Read More

Controller Chiang pounds California municipalities 12

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 More

Calif. sales tax revenue nosedives 33.5% 0

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

Read More

CA debt much larger than reported 17

May 29, 2012 By Katy Grimes Reports of California’s debt usually just include the $17 billion budget deficit. But California also owes the federal government $14 billion, and public schools $10 billion. While California sputters under  the massive debt, legislators

Read More

Jerry Brown pulls a Nixon

May 10, 2012 By Chriss Street “Only Nixon could go to China” is a political metaphor referring to the ability of a politician with an unassailable reputation among his supporters for staunchly representing and defending their values, to take actions

Read More

The Prop. 25 bait and switch 1

April 27, 2012 By Joseph Perkins For years, Sacramento’s tax-and-spend Democrats tried to figure out a way to persuade California voters to amend the state Constitution to require a simple — rather than two-thirds — majority of the Legislature to

Read More

USC Poll: Voters want unneeded tax 0

April 13, 2012 By Wayne Lusvardi An opinion poll might tell you if a majority of the public wants higher taxes.  But it cannot tell you if higher taxes are needed.  Nevertheless, the mainstream media only want to report what

Read More

Special Series: Bond Holders Seek Governmental Transparency 2

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

Read More

Eureka! California Revenue Plunges 22% 0

MARCH 13, 2012 By CHRISS STREET State Controller John Chaing continues to uphold the California Great Seal Motto of “Eureka” — I have found it.  But what Chaing is finding as controller is that California’s economy as measured by tax

Read More