Print Chriss W. Street Read Full Bio California Sales Tax Revenue Drops 33.5% The report highlighted that California Governor Jerry Brown is steam-rolling environmentalists and regulators to generate more state tax revenue by expediting approval of pro-business infrastructure. But our detractors were stunned to learn from State Controller John Chaing that California’s July sales tax revenue was down 33.5% from the Budget approved in late June. 18 Aug 2012 Moody's Warns of Mass California Municipal Bankruptcies The klaxon horn went off for California municipal bondholders when Moody’s credit rating service issued a report stating that the plummeting financial condition of many California counties, cities, school districts and other government agencies will soon result in large numbers of municipal bankruptcy filings. 18 Aug 2012 President Obama Doesn't Know His Defense Budget President Obama had good success at getting media coverage for using the term “Romney Hood” to slur Mitt Romney as an irresponsible and out-of-touch corporate elitist. The President’s strategy has been to constantly be on the attack to undermine the perceived management skills of his Republican rival and deflect criticism of his Administration’s massive deficit spending and poor economic performance. 12 Aug 2012 California Default Risk Turns Brown into Capitalist There is nothing like the threat of insolvency and a downgrade to junk bond status to motivate traditionally liberal politicians to abandon the environmentalists who heavily fund their campaigns. Last week, Governor Jerry Brown of California tossed one of his core campaign-bundling constituency under the bus at a bill-signing event in downtown Los Angeles. 4 Aug 2012 Mexico Dissolves Its FBI, Moves to Legalize Drugs Congressman James Sensenbrenner (R-Wis.) called a Congressional hearing to accuse Peña Nieto of advocating "a reversion" back to the old PRI policies of "turning a blind eye to the cartels" as long as they weren't perpetrating grisly violence. 1 Aug 2012 California Goes Off the Rails with High Speed Train The State of California was already facing a $19 billion budget deficit, shorted public schools $8 billion, and was set to release imprisoned rapists into “community probation” when the Legislature approved selling $4.6 billion in new state bonds to build 130 miles of railroad track through some of the most uninhabited farm country in Central California. 14 Jul 2012 Did Justice Roberts Invalidate Obamacare? Conservatives should praise John Roberts as a brilliant legal tactician who has revived the Original Intent of the Constitution’s Commerce Clause and vanquished Barack Obama’s quest for the forward expansion of a Living Constitution. At the still young age of 57, Chief Justice Roberts may have two more decades to honor the strict construction meaning of the Constitution of the United States. 3 Jul 2012 Obama's Green Immigration Strategy Barack Obama’s Executive Order to suspend deportations of illegal aliens for two years will act as a magnet to motivate millions of people from around the world to come to the United States and claim they have been quietly living here with relatives for the last five years. The legal term for the President’s directive is “deferred action”, which has the effect of a two-year blanket suspension of INS deportations for most “unlawful” aliens. 18 Jun 2012 Death of Globalization Will Shatter China The populist movement sweeping the world is a direct threat to China as globalization’s biggest winner. A rebellious tone has swept the world with the Arab Spring, Socialist victories in France and Greece, Argentina nationalizing oil assets, Indonesia imposing a 50% tax on mineral exports and the Occupy movement here in the U.S. This upheaval represents a new rise of nationalism and an enormous rejection of China as the world’s biggest exporter. 26 May 2012 JP Morgan Fiasco Means Higher Interest Rates Ahead As fallout from the J.P. Morgan fiasco exposes the bloated derivative activities of major banks, the Federal Reserve will be forced to terminate the zero interest rate policy and let rates rise to retard bank speculative actions. Higher interest rates will stimulate banks to make more commercial and industrial loans, resulting in higher U.S. economic growth. 16 May 2012 Previous 1 2 3 4 5 6 7 Next
California Sales Tax Revenue Drops 33.5% The report highlighted that California Governor Jerry Brown is steam-rolling environmentalists and regulators to generate more state tax revenue by expediting approval of pro-business infrastructure. But our detractors were stunned to learn from State Controller John Chaing that California’s July sales tax revenue was down 33.5% from the Budget approved in late June. 18 Aug 2012
Moody's Warns of Mass California Municipal Bankruptcies The klaxon horn went off for California municipal bondholders when Moody’s credit rating service issued a report stating that the plummeting financial condition of many California counties, cities, school districts and other government agencies will soon result in large numbers of municipal bankruptcy filings. 18 Aug 2012
President Obama Doesn't Know His Defense Budget President Obama had good success at getting media coverage for using the term “Romney Hood” to slur Mitt Romney as an irresponsible and out-of-touch corporate elitist. The President’s strategy has been to constantly be on the attack to undermine the perceived management skills of his Republican rival and deflect criticism of his Administration’s massive deficit spending and poor economic performance. 12 Aug 2012
California Default Risk Turns Brown into Capitalist There is nothing like the threat of insolvency and a downgrade to junk bond status to motivate traditionally liberal politicians to abandon the environmentalists who heavily fund their campaigns. Last week, Governor Jerry Brown of California tossed one of his core campaign-bundling constituency under the bus at a bill-signing event in downtown Los Angeles. 4 Aug 2012
Mexico Dissolves Its FBI, Moves to Legalize Drugs Congressman James Sensenbrenner (R-Wis.) called a Congressional hearing to accuse Peña Nieto of advocating "a reversion" back to the old PRI policies of "turning a blind eye to the cartels" as long as they weren't perpetrating grisly violence. 1 Aug 2012
California Goes Off the Rails with High Speed Train The State of California was already facing a $19 billion budget deficit, shorted public schools $8 billion, and was set to release imprisoned rapists into “community probation” when the Legislature approved selling $4.6 billion in new state bonds to build 130 miles of railroad track through some of the most uninhabited farm country in Central California. 14 Jul 2012
Did Justice Roberts Invalidate Obamacare? Conservatives should praise John Roberts as a brilliant legal tactician who has revived the Original Intent of the Constitution’s Commerce Clause and vanquished Barack Obama’s quest for the forward expansion of a Living Constitution. At the still young age of 57, Chief Justice Roberts may have two more decades to honor the strict construction meaning of the Constitution of the United States. 3 Jul 2012
Obama's Green Immigration Strategy Barack Obama’s Executive Order to suspend deportations of illegal aliens for two years will act as a magnet to motivate millions of people from around the world to come to the United States and claim they have been quietly living here with relatives for the last five years. The legal term for the President’s directive is “deferred action”, which has the effect of a two-year blanket suspension of INS deportations for most “unlawful” aliens. 18 Jun 2012
Death of Globalization Will Shatter China The populist movement sweeping the world is a direct threat to China as globalization’s biggest winner. A rebellious tone has swept the world with the Arab Spring, Socialist victories in France and Greece, Argentina nationalizing oil assets, Indonesia imposing a 50% tax on mineral exports and the Occupy movement here in the U.S. This upheaval represents a new rise of nationalism and an enormous rejection of China as the world’s biggest exporter. 26 May 2012
JP Morgan Fiasco Means Higher Interest Rates Ahead As fallout from the J.P. Morgan fiasco exposes the bloated derivative activities of major banks, the Federal Reserve will be forced to terminate the zero interest rate policy and let rates rise to retard bank speculative actions. Higher interest rates will stimulate banks to make more commercial and industrial loans, resulting in higher U.S. economic growth. 16 May 2012
Estimate shows wages would drop under Senate immigration bill, despite economic uptick19 Jun 2013, 5:57 AM PDT
Official, private assessments contradict president’s claim that Al Qaeda is on ‘path to defeat’19 Jun 2013, 4:28 AM PDT
Estimate shows wages would drop under Senate immigration bill, despite economic uptick19 Jun 2013, 5:57 AM PDT
Official, private assessments contradict president’s claim that Al Qaeda is on ‘path to defeat’19 Jun 2013, 4:28 AM PDT
Columbia's Cons: Ivy League social work program run by team of former prisoners19 Jun 2013, 12:31 PM PDT