NOV. 8, 2011 By CHRISS STREET Social liberals are extremely frustrated that the “workers' paradise” that seemed so near three years ago with the election of President Obama now seems further away. With the huge borrowing and spending stimulus failing to revitalize the economy, social liberals ...

NOV. 8, 2011 By WAYNE LUSVARDI Remember the $11.1 billion water bond that was supposed to be Proposition 18 on the November 12, 2010 ballot? Polling showed it was losing badly, so then-Gov. Arnold Schwarzenegger poured it down the drain. Prop. 18 now has gurgled back up through the sewer pi...

NOV. 7, 2011 By CHRISS STREET Moody’s Credit Rating Service just announced the ominous trend that credit quality in the municipal bond market is falling at the fastest rate since the collapse of Lehman Brothers in 2008.  Data released showed that 5.3 times as many municipal bonds were credit do...

NOV. 4, 2011 By KATY GRIMES With Assembly budget officials predicting that California will face a deficit as high as $8 billion next fiscal year, it is truly a wonder that the California High-Speed Rail Authority continues to trudge forward with plans to begin building a $98.5 billion rail sys...