State Governments Under Massive Pressure
Source: “States Shut Down To Save Cash”, The Wall Street Journal, September 4, A1 Also see: “The Coming Reset In State Government”, Mitch Daniels, Republican Governor of Indiana, The Wall Street...
View ArticleGoing Broke: Sac Bee Feature Series On California’s Budget Crisis
A couple of interesting front page feature pieces in the Sacramento Bee on California’s budget mess: “Going Broke: State’s a wreck – can it be fixed?”, The Sacramento Bee, September 20, A1 The most...
View ArticleKudlow Interviews The Top Two Republican Candidates For Governor of California
Kudlow interviewed Meg Whitman on his show on Thursday and Steve Poizner on Friday.
View ArticleMeg Whitman’s Sparse Voting Record
It’s a dereliction of our first duty as American citizens. We’re talking about someone who has practically not voted her entire adulthood. It’s embarrassing. - Mark Petracca, Political Science...
View ArticleGeorge Will: Tom Campbell Is A Long Shot To Watch In CA Governor Race
An especially intriguing candidate in a colorful field is Tom Campbell. Colorful he is not. “Talk softly and carry a small calculator” could be his motto. What glitter, however, are his resume and...
View ArticleCA To Sell $2 Billion Worth Of Office Buildings To Raise Cash
We’re looking to get these properties sold as soon as possible. - Eric Lamoureux, CA Department of General Services Spokesmen The state wants to sell the buildings for the cash and then lease them back...
View ArticleTop Gun FP Client Note: Out Here In California
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the...
View ArticleNYT: State Debt Woes Grow Too Big to Camouflage
California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use of...
View ArticleLA Times Op-Ed: California’s $500 Billion Pension Time Bomb
The state of California’s real unfunded pension debt clocks in at more than $500 billion, nearly eight times greater than officially reported. That’s the finding from a study released Monday by...
View ArticleTop Gun FP Client Note: Inklings Of A Housing Double Dip
In the three weeks since the start of our third quarter on May 1st, which coincided with the expiration of the homebuyer tax credit, our per community deposits and traffic were up 23% and 11%,...
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