As predicted: California’s 1Q revenues dropping back to earth. Hard.
Which is to say: as predicted by me. I had a feeling that California’s surprisingly high tax revenues in January were due to people rushing through existing taxable transactions before that state’s new rates kicked in; and lo! …I seem to have been correct. The surge of revenue that showed up unexpectedly in state coffers last month may well be offset by a revenue dip | Read More »
Jerry Brown gets smacked by Rick Perry over California’s business climate, and reacts… poorly.
(Via Hot Air Headlines) I can’t believe that Jerry Brown led with his chin with this one: Gov. Jerry Brown publicly scoffed at Gov. Rick Perry’s attempt to draw Californians to Texas for better business, saying that the ad campaign is “barely a fart.” [snip] Brown told reporters that if Perry wanted to be taken seriously, he would have to spend at least $25 million | Read More »
Anticipating the upcoming Great California High-Speed Rail Disaster of 2013+.
“+” because this this is going to crash and burn for years. Let me summarize this LA Times article discussing the looming …singularity… of fiscal destruction. California wants a high-speed rail system which will apparently solve all of their problems (“Then why don’t they have one, already?” “Because shut up, that’s why”). This is scheduled to cost 68 Billion dollars. $68,000,000,000. It will cost more. | Read More »
California’s Budget Voodoo
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Cate Long to discuss California’s state budget, the budget tricks to used to get out of the red, and the crises facing California cities.
Read More »
I am Thankful for John Boehner, Eric Cantor, and Kevin McCarthy
Not quite two weeks removed from Thanksgiving, it is worth giving thanks to John Boehner, Eric Cantor, and Kevin McCarthy. I really am thankful for them. Yesterday the three of them purged fiscal conservatives from committees as punishment for being authentically fiscal conservatives. Mick Mulvaney of South Carolina was put on the Financial Services Committee to show fiscal conservatism had nothing to do with removing | Read More »
Ken Salazar’s war on Drakes Bay Oyster Company, Science.
Executive summary: a bunch of people in Marin County, California made a serious mistake, forty years ago. To wit, they trusted the federal government to honor an agreement by which the Drakes Bay Oyster Company transferred ownership of their land (in order to protect the wetlands from development) in exchange for 40 year leases on that land in perpetuity. Several years ago, the folks who | Read More »
Tech at Night: Reformist regulators are needed to undo the Obama damage
I don’t think it’s ever too soon for conservatives to start pressuring Mitt Romney to appoint reformist regulators, because the Obama regulators are bad news, retarding innovation and growth. Per Fred Campbell, “If the FCC had adopted the eligibility restrictions proposed by PISC in 2007, the United States would not have achieved the LTE leadership touted by current FCC Chairman Genachowski.”
Also remember, the same White House talking about a power-grab of a Cybersecurity executive order can’t even secure itself. If Barack Obama issues the EO, that’s another thing Mitt Romney must repeal DAy One.
Read More »
Tags: Barack Obama
, Jerry Brown
, Julius Genachowski
, Mitt Romney
, Tech at Night
California’s European-Style Decline
On today’s edition of Coffee and Markets, Brad Jackson and Allysen Efferson discuss the latest presidential campaign polls, liberalism’s role in the fall of California and why they look more like Europe every day.
Read More »
Sen Dianne Feinstein (D, CA) vaguely wanders off from awkward debate question.
For those without video: local California media – including that notoriously right-wing rag known as the LA Times – has noticed that Senator Feinstein refuses to debate Republican challenger Elizabeth Emken. When ABC reporter Mark Matthews called out the Senator on this, Feinstein tried to get up and walk out on the reporter* rather than answer the question. Which, of course, does not have an answer that would be favorable to Senator Feinstein: judging from the Senator’s performance in the interview, participating in a debate would quite possibly wreck her chances for re-election.
Read More »
The coming Democratic hypocrisy about their coming NON-divestment from Bain Capital.
Let me summarize this NRO article by Deroy Murdock: Democratic (specifically, Barack Obama’s) rhetoric about Bain Capital has not particularly stopped Democratic-aligned organizations from investing with it. This includes groups like government employee pension funds ($1.56 billion since 2008), universities ($at least 425 million between 1998-2008), ‘center-left foundations and cultural establishments’… and my personal favorite: the California State Teachers’ Retirement System (CSTRS), which has invested $1.25 billion with Bain Capital.
Read More »
Tech at Night: Same old, same old. Obama administration run amok.
I know, it’s terrible, but after missing Friday due to the RedState upgrade, I feel behind tonight and so am just going to have to speed through some of this tonight.
Ah, the ARRA, aka the Porkulus. Picking Internet winners and losers in Colorado, and probably nationwide in many “little” stories the national media chooses not to pick up.
Read More »
, Barack Obama
, Dish Network
, Internet Tax
, PATENT WARS
, Tech at Night
Going to California: a look at the CA House races.
Below is the general consensus of the competitive races in California’s House delegation. Said races are – to put it mildly – the result of one of the most comprehensive shakeups in state-level redistricting that we’ve seen in a while. Combined with a new jungle primary rule (basically: the top two vote getters in the primary advance to the general, regardless of party affiliation), the | Read More »
American Action Network’s targeted advertising and the redistricting wars.
It’s interesting. If you look at these two ads from American Action Network – one for California, and one for New York – solely from the perspective of a national observer, it’s a headscratcher as to why a conservative-leaning group is targeting six Democratic Members of Congress (Tim Bishop, Lois Capps, John Garamendi, Jerry McNerney, Bill Owens, & Louise Slaughter) in two Blue States; particularly | Read More »
Geithnerism In Its Fulsome Evil Glory
I don’t imagine Treasury Secretary, Timothy Geithner ever expected to end up as the philosophical poster-child of The New American Left. The Left is famous for raising taxes. Geithner may or may not even bother to pay his in any given year. Yet it happened during a light moment he experienced while testifying up on Capitol Hill. His statement to Congressman Ryan could accurately describe | Read More »
Beyond Last Night
I make few denials about being partisan. I enjoy it at times like last night. In fact, I haven’t enjoyed watching a bunch of people from Wisconsin administer a condign beatdown on a deserving opponent this much since Brett Favre was playing in The Super Bowl. All gloating aside, a lot went into last night that goes far beyond just Wisconsin State-Level politics and provides | Read More »
Tags: Ann Althouse
, Blue Social Model
, Ed Schultz
, Mein Axelrod
, Recall This!
, San Jose
, Sand Diego