Budget Standoff, Equality California Boycotts Inauguration
December 19, 2008 by Johnny California
Filed under Budget Crisis, California Legislature
Governor Schwarzenegger will veto the Democrats tax-increase plan because it does not contain enough cuts nor does it contain an economic stimulus package. The Dems say they’ll be able to work something out with the Gov. The GOP, however, are still grumbling that the whole plan to pass tax increases without the required 2/3 majority [...]
Latest California Budget Proposal Defeated. Legislature Locked In. Plug Pulled on Public Works Projects
December 17, 2008 by Johnny California
Filed under Budget Crisis, California Legislature
Last night, the California State Assembly voted on yet another budget modification with some combination of spending cuts and raising taxes. This modification was the one proposed by Governor Schwarzenegger. Once again, the so-called Republicans in the legislature weren’t on board and there weren’t enough votes to pass the measure. Here were the broad-strokes [...]
Republicans’ Budget Negotiations with Schwarzenegger are Terminated
December 11, 2008 by Johnny California
Filed under Budget Crisis, California Legislature, Gov. Schwarzenegger
Remember yesterday how we said that Gov. Schwarzenegger’s attempts at “reaching-out” to the Republicans legislators wouldn’t work, especially after he wished he had the power to lock them all in the state capitol building until they came up with a solution to the financial crisis? You don’t remember? Well go read it here and then [...]
Happy New Year? UCLA Economic Report for 2009 is a “Double Whammy” Bummer
December 11, 2008 by Johnny California
Filed under Budget Crisis
UCLA’s Anderson Forecast released a report today that shows some real bad California economic news for 2009, and we don’t mean the stupid budget crisis. Keep in mind, this is only a “forecast” and let’s face it — the smarty pants experts have not been right about anything so far. With that said, here’s [...]
Video: Gov. Schwarzenegger Warns of “Financial Armageddon”, Wants To Lock Legislature In Capitol
December 11, 2008 by Johnny California
Filed under 2010 Election, Budget Crisis, California Legislature
Gov. Schwarzenegger called a press conference today and warned of “Financial Armageddon” unless the legislature came up with a solution soon. The Governor also broke the news that the short-term deficit is no-longer $11.2 billion, it’s now $14 billion. Things are so bad that the Governor also called for a “Big Five” Meeting, which he [...]
California Budget Crisis: An Explanation of The Problem As Of December, 2008
December 9, 2008 by Johnny California
Filed under Budget Crisis
Easy to understand explanation of the current state of the California budget crisis as of December ’08.
12/8/08 News: Flat Broke, A Dirty Joke, War Crime and Election Slime
December 8, 2008 by Johnny California
Filed under Budget Crisis
The Ventura Star ran an editorial chastising voters for passing Prop. 9 without figuring out any way to pay for it. One of the many many problems with Prop. 9, which you can read about if you look to the box on the top right of this page. [Ventura Star] Ninth Circuit Judge Alex Kozinski [...]
Three Former Governors Honestly Explain California’s Government and Budget Problems
December 7, 2008 by Johnny California
Filed under 2010 Election, Ballot Proposition Reform, Ballot Propositions, Budget Crisis, California Legislature, Jerry Brown
In this morning’s email, we found this video of UCLA- sponsored 2005 panel discussion between former Governors Jerry Brown, George Dukemajian, and Gray Davis. The topic is “How Can California Meet the Challenges of the 21st Century.” If you ever want to understand California’s budget problems, why the government is so dysfunctional, and how it [...]
