Category Archives: California

What’s Next for California

Now that Governor Schwarzenegger has signed the bad budget bill, what’s next for the Bronze Golden State? Will taxpayers receive their tax refunds? What’s this about a special election in May? And what’s going to happen with the 2009-2010 budget? … Continue reading

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Budget Passes State Legislature; Expected to be Signed on Saturday

State Senator Abel Maldonado (R-Santa Maria) broke ranks with the rest of the California Senate Republican Caucus and voted for the bad budget bill. With his vote, the 2/3 majority was obtained and the budget was sent to the State … Continue reading

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What Califronia Should Do

Last night I attended my monthly continuing education meeting. Lynn Freer, the head of Spidell, believes that sooner or later the bad budget bill being debated in Sacramento will be approved. I’m hopeful that they’ll throw it in the trash … Continue reading

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No Budget in California (Yet)

As of this writing there’s no budget in California (doesn’t this sound familiar). That doesn’t mean that when I wake up in the morning that there won’t be a budget but it appears that the Democrats still need one more … Continue reading

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1.5 Votes Away

The California budget crisis continues. As of this writing, the Legislature is locked in at the Capitol. There are apparently the votes to pass the budget in the Assembly, but Senate Democrats need to convince either one or two Republicans … Continue reading

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A Bad Budget Deal Struck?

Various reports from Sacramento hint that a budget deal has been struck. UPI’s report states (from the Sacramento Bee) Sources close to the negotiations told the newspaper that the tax provisions include an across-the-board hike in the income tax, higher … Continue reading

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Is It Time to Leave California?

I like living in Irvine. It’s a great community, I have lots of friends, and I enjoy my home. But is the state so broken that no business can succeed here long-term? It’s not that I’m upset with the budget … Continue reading

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No Progress in Sacramento

I heard while driving last week that global warming enthusiasts predicted a severe drought this year in California. Of course, the dry weather of January promptly changed to a rainy pattern that is now predicted to last for at least … Continue reading

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The FTB Losing Streak Continues

The Franchise Tax Board’s battle against Gilbert Hyatt continues in Las Vegas. Mr. Hyatt, as you may recall, moved from California to Las Vegas in the early 1990s a few months before he received a patent settlement in the millions. … Continue reading

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And the Band Played On…

California continues to limp towards fiscal Armageddon, with no change in the positions of either the Republicans (“cut spending now”) and the Democrats (“increase taxes now”). Meanwhile, a Sacramento judge ruled that Governor Schwarzenegger’s mandatory furloughs are legal. Many state … Continue reading

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