May, 2012Jerry Brown’s deficit teeter-totter gameWednesday, May 23rd, 2012 May 23, 2012 By Wayne Lusvardi Imagine a teeter-totter with a chubby boy on one end and a thin boy on the other. The teeter-totter can be balanced either by two chubby boys or two thin boys. It can be balanced heavy or balanced light -- either way will work. Under Proposition 58, Califo... Hollywood seeks more taxpayer subsidiesWednesday, May 23rd, 2012May 23, 2012 By Joseph Perkins The California Film Commission is holding a lottery next week for filmmakers and television producers. The lucky winners will share $100 million worth of taxpayer subsidies. It’s part of the state’s three-year-old Film and Television Tax Credit Program, th... Cap & Trade will socialize your power billTuesday, May 22nd, 2012May 22, 2012 By Wayne Lusvardi The mere mention of the words Cap and Trade in California and people just tune out because it sounds too complicated to understand. While it is complicated, it is nevertheless understandable. What we’re learning about the California’s Cap and Trade pro... Assembly catfight over gunsTuesday, May 22nd, 2012 May 22, 2012 By Katy Grimes Retribution in politics isn’t unusual. Every year we witness members of the Legislature receiving punishment from party leadership, often followed by banishment to a tiny office and committee assignments taken away. That’s the prerogative of party leaders... State may consider taxing servicesTuesday, May 22nd, 2012May 22, 2012 By Dave Roberts Hold on to your wallet -- Sacramento may be hatching yet another way to reach into your pocket: a state sales tax on services. Assemblywoman Alyson Huber, D-El Dorado Hills, has authored AB 1963, which calls for a study of the revenue impacts of a service tax. H... American Dream Goin’ SouthMonday, May 21st, 2012 May 22, 2012 By John Seiler People naturally move from depressed countries to thriving countries. That's especially true when travel between the two countries is easy, as it is between the United States and Mexico. Because so many Mexicans have come to the United States, pressures have rise... FHA subprime defaults hit 9% in CaliforniaFriday, May 18th, 2012May 18, 2012 By Chriss Street The American taxpayer is about to be saddled with another multi-billions bailout of subprime mortgage loan losses from the stealth Federal Housing Authority lending program that has been offering ultra-low 3.5 percent down payments since 2009. Delinquency rat... Legislature attacks California property rightsFriday, May 18th, 2012May 18, 2012 By Katy Grimes A bill was passed by the Assembly Thursday which would allow a newly created, protected class of individuals to legally hide ownership of property by claiming a public safety classification. By hiding their ownership information, these individuals would be ab... Assembly hearings expose Brown budget gapsThursday, May 17th, 2012May 17, 2012 By Katy Grimes Like a woman with a shopping addiction, California politicians are going to bankrupt the Golden State. California has a $16 billion deficit, a $4.6 billion budget spending increase since January, a credit rating which will probably be lowered and a big fat $10 billi... |