May 30, 2012

Edition: U.S.

FEATURED GPS FOR THE SOUL VOCES (ESPAÑOL) ELECTION BLOG GOOD NEWS SCIENCE BLACK VOICES WORLD RELIGION CRIME GREEN SPORTS THE BREAKDOWN

California Fiscal Crisis

Page: 1

California: Where Elections Don't Matter

Joseph A. Palermo | Posted 05.25.2011

Read More: Public Employees, Wisonsin Republicans, Meg Whitman, Michael Genest, Wall Street, Scott Walker, Republicans, California Fiscal Crisis, California Budget, California, California Politics, gop5, Los Angeles News

Five members of the Republican state Senate minority once again are in the driver's seat and they're determined to run the state right over the cliff.

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The Catastrophic Debt Crisis Confronting America's States

Sheldon Filger | Posted 05.25.2011

Read More: States Debt Crisis, Newt Gingrich, State Bankruptcy Option, California Fiscal Crisis, Business News

The fiscal conundrum confronting America's states is so massive, it is virtually insoluble; an even more daunting fiscal challenge is facing the federal government.

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Is Sacramento America's Greece? California Debt Crisis is an Economic Time Bomb

Sheldon Filger | Posted 05.25.2011

Read More: California Debt Crisis, Governor Arnold Schwarzenegger, California Budget Crisis, California Fiscal Crisis, Business News

The virtually insolvent U.S. federal government may be forced, sooner rather than later, to bailout its most populous state. California is fast descending into a fiscal sinkhole, with no resolution in site.

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Cash In: Millions In California IOU's Set To Expire

AP | JESSE McKINLEY | Posted 05.25.2011

Read More: Iou's, California, Budget Crisis, California Budget Crisis, California Budget Cuts, I.o.u.'s, California IOUs, California Fiscal Crisis, Los Angeles News

SACRAMENTO, Calif. — California officials are at a loss to explain why $50 million worth of IOUs issued during last year's fiscal crisis have no...

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"Great California Garage Sale": State Holds Giant Garage Sale To Raise Funds

AP | JUDY LIN | Posted 05.25.2011

Read More: California, California Garage Sale, Arnold Schwarzenegger, California Fiscal Crisis, Politics News

SACRAMENTO, Calif. — Bargain-hunters snatched up watches confiscated from criminals, surplus prison shirts and antique pianos salvaged from park...

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Second Obama Stimulus Spending Bill Looms On the Horizon

Sheldon Filger | Posted 05.25.2011

Read More: Financial Crisis, Obama Stimulus Plan, Economic Stimulus Package, Stimulus Package, California Fiscal Crisis, Obama Administration, Economic Crisis, Paul Krugman, Business News

There is increasing talk in Washington that a second dose of deficit-driven stimulus spending will be required if the nation's severe economic contraction is to be reversed.

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California's Death Throes: A View From Sacramento

Joseph A. Palermo | Posted 05.25.2011

A grassroots movement working within Democratic Party structures might break the cycle of abuse the Republican minority has inflicted upon the state.

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California Needs a New Constitution

Joseph A. Palermo | Posted 05.25.2011

Read More: Governor Arnold Schwarzenegger, Enron, "Kenny Boy" Lay, California Constitutional Convention, Fiscal Crisis, Santa Clara County, California Assembly Speaker Karen Bass, Karen Bass, California-Constitution, Governor Edmund "Pat" Brown, California State Government, Paul Krugman, California State Leaders, California Budget Cuts, California Fiscal Crisis, Sacramento, California Budget Crisis, State Capitol, California Senate Pro Tem Darrell Steinberg, Darrell Steinberg, Silicon Valley, California, Politics News

If Arnold and the Democrats can waste state money holding failed ballot initiatives and "special elections" they can set aside a little cash for a Constitutional Convention.

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