California’s Insurgency

By: Paul Zahorecz (Diary)  |  December 16th at 05:12 PM  | 

  With California’s fiscal house in complete disarray and facing an almost $28 billion shortfall over the next 18 months, a sound and logical person might assume that California lawmakers have their hands full as they attempt to deal with the problems created by years of “smoke and mirror” budgets, debt shifting, and massive borrowing. However, as reported today by the Los Angeles Times, sound | Read More »

Taxes and Rhetoric

By: Paul Zahorecz (Diary)  |  December 5th at 11:25 PM  | 

                With the release this week of the November job’s report, it was no surprise to find the topic of this morning’s political talk shows focused mainly on the economy, and specifically, the “extension of the Bush-era tax cuts”. Senator Kyl (R-AZ), appearing on CBS’s “Face the Nation” correctly refused to call them “tax cuts” while pointing out the fact that the so called “tax | Read More »