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.
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Violence by the Numbers: Guns Really Do Prevent Violence
With the recent tragedy in Newtown, there is little doubt that people are scared: they’re scared that their elected officials will take away their guns in an effort to prevent further tragedies from occurring. This is evidenced by the nationwide skyrocketing of firearms sales, ammo sales, and jam-packed, filled-to-capacity weekend gun shows. And, if one believes the liberal argument that guns kill people, then they | Read More »
COME ON DOWN!
I would like to take this opportunity to invite everyone in the death spiral states of California and New York to come to Florida. We have no state income tax and we have many programs to assist all you so called “greedy” successful entrepreneurs in your relocation to the Sunshine state. We have oranges, palm trees, tennis and golf, beautiful beaches, sunshine and a Republican | 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 »
“Consider This!”, Episode 23
Back with more topics than I’ve ever squeezed into 10 minutes or less, “Consider This!” is back with a new episode. A friend of mine posted a graphic of Sen. Bernie Sanders with a quote from him extolling the results of Social Security, with the tag, “Social Security has done exactly what it was designed to do.” Well sure, in the short term, big government | Read More »
Time to just go for the Jugular
As we all sit and ponder how to flip 60,000 votes in Ohio, Colorado and Virginia and 30,000 voters in Florida I can’t help but pose a question in my first diary post here at red state: Is it possible to actually change the minds of 1.2 million Californian’s and thereby completely upend the electoral map? Before you cast me off as completely displaced from | 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.
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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.
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43 Days To Election Day: California
In terms of Presidential politics, the only thing California is good for as regards the Republican Party is fundraising. Simply, there is no way Romney is winning this state in 2012. The Senate race will feature well-funded Democratic incumbent Dianne Feinstein against Republican new-comer Elizabeth Emken. Feinstein has raised over $7 million compared to Emken’s $189,000 and she started with a $3 million head start. | 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.
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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.
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