Thursday, December 18, 2008

Is the Guvernator reading my blog?!

I'm pretty sure the answer is "no," Governor Schwarzenegger is not reading my blog...but check out the recent headline - Building Back: How investment in infrastructure will boost the economy.

My last post included this tidbit: "investment in infrastructure...reduces costs down the road..." Shucks, I even typed it in bold.

Wednesday, December 10, 2008

California running out of money - are you kidding me?

I saw headlines like this one this morning, and I can't help but wonder how this possibly makes sense.

There are poor states in the United States. There are poorer countries in the world. I can't believe that Louisiana has had to absorb Hurricane Katrina, and New York has had to absorb the collapse of the World Trade Center, yet California - with its tourist revenues; California, with the busiest ports in the country; California, with its film and entertainment industries; California, with its property values and property taxes; California, with its high vehicle registration fees and poor public transit to offer reasonable alternatives; California, with so many rich constituents in film, music, the tech sector, shipping,...California, "the state that's untouchable like Elliot Ness" (RIP Tupac), is now threatening insolvency.

If such is the case, the entire administration must be called to account for the squandering of the billions in state revenues (almost $100 billion). There are too many poorer states struggling to and figuring out how to get by to stand by and watch the state of California cry poor.