Tag "recession"
Back to homepageRevving Up Higher Property Taxes
MARCH 20, 2012 By KATY GRIMES Every year the Legislature attempts to rewrite Proposition 13, the 1978 ballot initiative that successfully returned property value assessments to 1975 levels, limited property taxes to 1 percent of assessed valuation and capped annual property
Read MoreObamaCare: Can You Say ‘Trillions?’
Katy Grimes: The Congressional Budget Office reported this week that the total cost of ObamaCare will be more than $1.7 trillion over a decade – double the original White House estimates of $940 billion over 10 years. Don’t look for this
Read MoreCA Politicians Gorging On Taxpayers
MAR. 13, 2012 Like a fat tick feasting on an unsuspecting dog, California government just grows and grows. While governments across the country are trimming budgets and tightening fiscal policies, California is doing exactly what Greece did and is borrowing
Read MoreCARB ‘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
Read MoreGovernance 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
Read MoreMilitary 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
Read MoreCA 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
Read MoreState Edu-Welfare Expansion Plans
FEB. 21, 2012 More than 50 percent of California college students do not pay for school at the state’s public colleges and universities. Unfortunately, the dropout rate is also about 50 percent. This is because, along with all of the free
Read MoreLegislature Advances Dental Socialism
FEB. 14, 2012 By KATY GRIMES As voters are growing increasingly wary of ObamaCare, the President’s nationalized healthcare plan, voters in California are also growing skeptical of legislators’ attempts to increase statewide healthcare. Fully implementing health care for all has drawn
Read MoreCalifornia Energy Crash Coming
FEB. 8, 2012 By KATY GRIMES Ready for more electricity blackouts? With California’s renewable energy mandates, cap and trade requirements, and implementation of AB 32, it is becoming increasingly clear that California is at a precarious energy crossroads, and one
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