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Archive for the 'Billingsley' Category

by K. Lloyd Billingsley | Sacramento
Nevada is running a rather edgy advertising campaign to lure businesses from the Golden State to the Silver State. This could serve as a wakeup call for California, but the response so far is not encouraging.
The $1 million campaign from the Nevada Development Authority puts a porcine spin on [...]

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by K. Lloyd Billingsley | Sacramento
The governance of the California Institute for Regenerative Medicine (CIRM), the state stem cell institute, is inadequate to protect the interests of taxpayers and CIRM’s own goals, according to Stem Cell Research: Strengthening Governance to Further the Voters’ Mandate, a June 25 report from the Little Hoover Commission, a [...]

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That Voodoo That You Do So Well

Thursday, March 5th, 2009

by K. Lloyd Billingsley | Sacramento
Before the Motion Picture Academy handed out its latest awards, and before the legislature passed the alleged budget fix, the reviews were already coming in on California. They are less than stellar but well worth attention.
“California makes Washington, DC, look like a model of fiscal probity,” ran the sub-head [...]

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by K. Lloyd Billingsley | Sacramento
The year certainly boasted some highlights, including the Olympics and a much anticipated national election, but as 2008 winds to a close, the mood is not exactly upbeat in California. The economy has cooled off, and the “Golden State” finds itself staring down the barrel of a two-year deficit [...]

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by K. Lloyd Billingsley | Sacramento
Last month, California’s Little Hoover Commission, a public watchdog agency, completed its first hearing on the California Institute for Regenerative Medicine (CIRM). The proceedings flagged problems of governance and responsibility with the state’s stem-cell institute. At the same time, a medical breakthrough in Europe points out the shortfall in [...]

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by K. Lloyd Billingsley | Sacramento
Today, one day after a national election, a special California legislative session, called for by Governor Schwarzenegger, begins to deal with this fiscal year’s budget deficit, as high as $10 billion by some estimates.
This session could be of some value if legislators consider a key subject they neglected through [...]

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Lessons from the $388-Million Hyatt Case

Saturday, October 4th, 2008

by K. Lloyd Billingsley | Sacramento
How current tax policy hurts California, and how the state can fix its revenue problem
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement [...]

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by K. Lloyd Billingsley | Sacramento
David Long, California’s Secretary of Education, resigned on August 10, the fourth such Secretary to resign in the past five years. California should take this opportunity to eliminate this position, which Mr. Long’s brief 18-month tenure confirms to be redundant.
“I’d be less than honest if I didn’t say there [...]

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by K. Lloyd Billingsley | Sacramento
On August 6, the California Coastal Commission approved a desalination plant at Carlsbad in San Diego County, a region with severe water needs in normal times and hard hit by the current drought. The $300-million for-profit venture by the Poseidon Resources Corporation aims to produce as much as 50 [...]

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