Category Archives: Even the Terminator Can’t Help California
Sic transit America?
Flagging: a US sailor stands on the flight deck of the aircraft carrier USS George Washington If a week is a long time in politics, a decade is starting to look like an age in geopolitics. Comparing the America that … Continue reading
I guess the government can say anything…and most people believe it!
Washington Post Crashed-and-Burned-and-Smoking Watch: …[The Washington Posts's] Fred Hiatt this morning: Re-Stimulating. Unemployment is bad. More fiscal debt might be worse: At 9.8 percent, the unemployment rate is higher than it has been since it hit 10.1 percent in June … Continue reading
Rushing to the Exits?
Bottom Line. The Fed is moving toward the exit as they look toward the conclusion of their securities purchases programs. But it is not clear that such a move is justified by their own forecasts or the inflation/wage/employment data. There … Continue reading
It’s Unemployment, Stupid!
Pittsburgh protesters demand G20 do more for jobs Forbes “We’re not going to accept a jobless recovery,” said Larry Adams, a postal worker who came from Jersey City, New Jersey, for the protest. …
Sic Transit Gloria America
As U.S. deficits increased, global investors edged away from the dollar into the German mark, the Japanese yen, the Swiss franc, the Euro, and more recently baskets of Asian currencies. Which brings us to today. Only goodwill (defined both as … Continue reading
“Let’s not remember California as a bloated, rotting freakshow corpse hanging above a filthy public pension toilet”
Under the management of the flamboyant Austrian body builder / therapist, California began a rapid descent that ultimately ended in death. Some faulted Schwarzenegger’s unconventional therapeutic methods and prescription spending pills, including state pension steroids that some say were powerful … Continue reading
Who Killed California’s Economy?
There are five suspects, from the governor to the constituents themselves. Who Killed California’s Economy? Five Suspects – Joel Kotkin, Forbes
If misery really does love company, Californians can for the moment feel a little better
or at least a little less worse — about the budget crisis in Sacramento. From the Wall Street Journal tonight: Ten states were scrambling Monday to pass budgets before a Tuesday deadline, with a handful — including Arizona, Indiana and … Continue reading
“Huh?”…asked the terminator
June 2 (Bloomberg) — Imagine a novel of more than a thousand pages, published half a century ago. The author doesn’t have a talk-radio show and has been dead for 27 years. As for the storyline, it is beyond dated: … Continue reading
Mean Street: The Sorry State of Our Sorriest State, California
You live, you learn. Right? Well, not in America. Here we live, screw up and then go back to doing the same stupid things we did before. Apparently, it is just too hard for us to make the tough, necessary … Continue reading
The Committee to Defraud the World
To say now that ‘No one knew’ or ‘I was mistaken’ or ‘I was just doing as I was told’ is another in a series of lies and deceptions that have supported one of the greatest frauds in the history … Continue reading →