Jon Fleischman of the Flash Report explains how the new water bond package will allow for billions of dollars to be spent on the states water crisis. While the state's water issue needs to be addressed, placing such a costly piece of legislature in front of voters, in the middle of this recession, is probably the worst way to go about it.

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This article from the urban policy magazine, City Journal examines the failure of California’s burgeoning and costly public sector to deliver on its promise of a better society. The author, William Voegeli is a visiting scholar at Claremont McKenna College’s Salvatori Center.

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As this article describes, the make-shift budget plan, devised by the legislature just a few months ago, now has a $1 billion hole in it. Trying to avoid drawing from giant pension funds for as long as possible, the state government is drawing funds from local city budgets – cutting programs right and left. The article compares this tax situation to that which preceded Howard Jarvis' formation of Proposition 13, and says that another such tax revolt would do California a world of good.  Read more >>

As the state economy continues to plunge, Legislators retain some of the "cushiest" employee benefits imaginable. These include, lifetime health coverage after five years, $50,000 life insurance funds, paid vacations of up to six weeks a year and, of course, six-figure salaries. This article in the Sacramento Bee reports.
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This article in the Santa Maria Times describes how California’s mounding debt is threatening to tip over into state bankruptcy. Even with the recall of Governor Gray Davis, state spending has continued to grow and the economy has continued to shrink. This is due in large part to the state's stranglehold on business activities through extensive environmental regulations.

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