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Tax cut??? Ha!

Tax cut??? Ha!

By George Miller (originally published 9-29-17- needed re-airing and still seems applicable with only minor changes)   My friends are shocked to hear that I do NOT favor a tax cut right now. You may ask why, or maybe you don’t give a #*@)!. But I’ll tell you anyway: A tax cut without spending cuts […]

The real story behind America’s new $20 trillion debt

The real story behind America’s new $20 trillion debt

By Simon Black, September 11, 2017   Sovereign Valley Farm, Chile Late yesterday afternoon the federal government of the United States announced that the national debt had finally breached the inevitable $20 trillion mark. This was a long time coming. It should have happened back in March, except that a new debt ceiling was put […]

Oxnard Council approves wastewater rate increase; Starr initiates recall of 4 council members

Oxnard Council approves wastewater rate increase; Starr initiates recall of 4 council members

By George Miller   After many months of fighting over wastewater  rates, capital budgets, infrastructure fees, debt, the rate-setting process itself and more, the Oxnard City Council approved  a sharply downscaled rate proposal, over strong objections of some residents/business owners and approval of others.   Assistant City Manager Ruth Osuna, who shepherded the the Prop 218 rate-setting […]

The First Step Toward Fiscal Discipline: Cut Up The Credit Card

The First Step Toward Fiscal Discipline: Cut Up The Credit Card

. By Thomas L. Knapp In 2015, Congress temporarily did away with the US government’s fictional “debt limit.” I call that limit fictional because it’s not really a limit. Every time the government gets close to it, Congress raises it. It’s as if signs on the highway changed to display a number five miles higher […]

California debt now running closer to Italy and Portugal, new study finds

California debt now running closer to Italy and Portugal, new study finds

A landmark study of California’s finances reveals the state’s debt burden is approaching the levels of Italy and Portugal, where debt crises in 2011 and 2012 drove the Eurozone countries to the brink of collapse. The findings come a day after Governor Jerry Brown predicted that the state would end the year with a sizable […]

California Democrats Behave Like Confederates

California Democrats Behave Like Confederates

. By Jon Coupal . For fiscal conservatives and free market advocates, the national elections in 2008 and 2012 brought no small measure of disappointment. In its eight-year run, the Obama Administration imposed a host of new taxes – including several as part of the failed “Affordable Care Act” – and, just as egregious, nearly […]

Midnight in America

Midnight in America

By: Peter Schiff, CEO of Euro Pacific Capital   Editor’s note: legendary financial and investment expert Peter Schiff comments on the underlying reasons for Donald Trump’s victory and his recently announced first hundred days plan. Employing the unyielding rules of economics, he concludes that the plan makes some unwarranted assumptions and does not allow sufficient reductions […]

FLASHBACK: In 1995 NYT Called Trump The ‘Comeback King’ For Escaping Debt

FLASHBACK: In 1995 NYT Called Trump The ‘Comeback King’ For Escaping Debt

The New York Times lashed out hard at Republican presidential nominee Donald Trump over the weekend with a report claiming his 1995 tax returns suggest he may have used a massive loss that year to avoid paying income taxes for the next 18 years. But back in 1995, viagra buy the paper was crowning Trump […]

Gov. Brown says yes to school finance reforms inspired by Think Tank Study

Gov. Brown says yes to school finance reforms inspired by Think Tank Study

Rating Agency Increases California’s Bond Rating To “High Grade”

Rating Agency Increases California’s Bond Rating To “High Grade”

The Upgrade By Fitch Is Sign of Confidence In State’s Fiscal Management California’s credit rating is heading up. Fitch Ratings Inc., one of three leading rating agencies, today announced that the Golden State’s general obligation debt now enjoys an AA- classification. The upgrade places our bonds in the coveted “high grade” category. The move by […]

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