CRO

opinion from the late,

great, golden state...

CRO Main Page

Archive for December, 2008

Pension Tsunami

Wednesday, December 31st, 2008

by Jon Coupal | Sacramento

When the city of Vallejo filed for bankruptcy earlier this year, it made national news. Among the alleged reasons for this financial debacle was, as usual, Proposition 13. Same urban myth, different city. Recall that Prop 13 was also blamed when Orange County went bankrupt. In spite of the clearly documented [...]

Read the rest of this entry »

Palestinian Provocations Prevent Peace

Tuesday, December 30th, 2008

by J. F. Kelly, Jr. | Coronado

The six-month cease-fire between Gaza-based Hamas and Israel expired on Dec. 19. Israeli Foreign Minister Tzipi Livni flew to Cairo to meet with Egyptian leaders and ask them to use their influence with Hamas to keep the cease-fire in effect. Israeli Prime Minister Ehud Olmert assured Arab leaders that [...]

Read the rest of this entry »

The New And Improved Ebenezer Scrooge

Monday, December 29th, 2008

From ExileStreet.com

by Burt Prelutsky | Los Angeles

Once upon a time, Santa Claus was a very popular figure around this time of year. Edmund Gwenn even won an Oscar for portraying him in a movie. But along the way, it was Scrooge [...]

Read the rest of this entry »

Into A Year Of Hope And Change

Wednesday, December 24th, 2008

by J. F. Kelly, Jr. | Coronado
In lieu of offering the usual new year resolutions for the political classes which they seldom keep, I thought I’d try a different approach this year. Herewith are some thoughts on hope and change, prominent themes in President-elect Barrack Obama’s successful campaign to win the privilege and responsibility of [...]

Read the rest of this entry »

Surprise Attack on Proposition 13

Tuesday, December 23rd, 2008

by Jon Coupal | Sacramento

In perhaps one of the most brazen political moves in California history, Democrat leadership last week unveiled a budget proposal that would shred the California Constitution by raising billions of new taxes without the required two-thirds vote.

The tax hikes in the proposal would include a 2.5% surcharge on anyone paying personal [...]

Read the rest of this entry »

Liberals Under The Microscope

Monday, December 22nd, 2008

From ExileStreet.com

by Burt Prelutsky | Los Angeles

If I had a bigger ego, I could easily imagine that liberals say and do the things they say and do simply to perplex or annoy me. But I know I shouldn’t take it personally. [...]

Read the rest of this entry »

Will the EPA Have a Cow?

Friday, December 19th, 2008

by Amy Kaleita | San Francisco

In response to an April, 2007, Supreme Court ruling that greenhouse gases are air pollutants under the Clean Air Act, the United States Environmental Protection Agency (EPA) recently ended the public comment period on “proposed rulemaking” for regulating greenhouse gases. Buried within the proposal is a controversial measure [...]

Read the rest of this entry »

The Millionaires’ Tax — A Double Failure

Thursday, December 18th, 2008

by Jon Coupal | Sacramento

In 2004, voters narrowly approved Proposition 63, the Mental Heath Services Act (MHSA), which imposed an additional 1% tax on personal income above $1 million. The funds generated from this “millionaire’s tax” were intended to expand county mental health programs. Taxpayer and business groups opposed the measure for a couple of [...]

Read the rest of this entry »

A Year to Remember—or Perhaps Forget

Wednesday, December 17th, 2008

by J. F. Kelly, Jr. | Coronado

The year is, mercifully, drawing to a close. It has not been a banner year for the ruling classes, for the financial wizards who guide our economy or for those of us impacted by their policy-making.

The battle for the presidential nominations dominated the early part of the year. It [...]

Read the rest of this entry »

Recent Musings

Monday, December 15th, 2008

From ExileStreet.com

by Burt Prelutsky | Los Angeles

I admit I am not an economist. The truth is, I have trouble balancing my checkbook. Having said that, I can’t figure out how we can compete in a global economy. When China uses slave [...]

Read the rest of this entry »