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The Orange County Register reports that the pace of companies moving partly or completely out of California has accelerated in 2011, with 60 more California companies moving jobs, work and/or headquarters out of state in the last two months.
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The Los Angeles Times reports that Democratic lawmakers passed a rare on-time state budget Wednesday over Republican objections, but the plan — balanced with a blend of taxes, cuts and clever accounting — faces an uncertain fate at the hands of Governor Jerry Brown.
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Chris Reed of San Diego Union-Tribune blasts the "Pension Truth Squad" over claims that California's pension crisis is over exaggerated and their current push to pass AB 506, which would block local governments from filing for bankruptcy protection, without the approval of the state Debt and Investment Advisory Commission.
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Mercury News reports that legislative Democrats sent revised budget plans to both houses Wednesday night that would restore nearly $1 billion in spending and that seek a yearlong extension on taxes that could jeopardize any opportunity for an on-time deal.
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Robert Emery of the Energy Tribune explains the inefficiencies of renewable energy and the lack of significant impact technologies like wind and solar will have on our country's dependence on oil.
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November 22, 2010 California is circling the drain and the news keeps getting worse. Read more >> 1306 |

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