Print Chriss W. Street Read Full Bio Lawsuit Exposes Orange County Financial Crisis The ballooning Orange County financial crisis continued its downward spiral as the State of California filed a lawsuit to force return of $73.5 million of property tax revenue the County skimmed from local schools and community colleges last November. It seemed bizarre at the time that the supposed “Most Conservative County in America” would increase spending by $145.8 million, then grab the school’s cash and cancel planned layoffs of 490 union workers. 6 Apr 2012 Crony Capitalism Keeps Blowing in the Wind A good example of the economic silliness of “wind farming” takes place along the Columbia River Gorge where there are a high number of wind turbines. The local electrical operator is Bonneville Power Authority (BPA). Last year, BPA had to shut down the wind farms for nearly 200 hours over 38 days. By law, Bonneville is required to compensate wind companies for half of their lost revenue. This year’s rebate bill could reach up to $50 million a year. 28 Mar 2012 The Old Democrat Party: FDR Expanded US Domestic Oil Production For three years the Obama Administration energy policy focused on pouring $60 billion into alternative energy, while limiting U.S. drilling off the Atlantic Coast, Florida Gulf Coast, Gulf of Mexico, Arctic National Wildlife Refuge and federal lands in the Rockies. Due to these policies, the average price per gallon of gas just hit an all-time-high for this time of year at $3.84 a gallon. 23 Mar 2012 Exodus: California Tax Revenue Plunges by 22% The more likely reason tax collections continue falling is that businesses and successful people are leaving California for the better tax rates available in more pro-business states. 13 Mar 2012 Terrorist Fears Will Force Obama to Send Troops to the Border America and Iran have been involved in a covert war for many years over Iran’s efforts to geopolitically dominate the Middle East. Fearing the political and financial costs of sustaining protracted military actions against Iran, the Obama Administration has cranked up a covert program of assassinations, cyber-attacks and support for Syrian “freedom fighters” to frustrate Iran’s ambitions. 28 Feb 2012 Big Oil Wants to Kill the Keystone XL Pipeline With America on the verge of achieving energy independence in the next five years by dramatically expanding domestic energy production, why should anyone be surprised that it’s Big Oil money that’s out to kill the Keystone XL Pipeline to prevent competition. 17 Feb 2012 Mortgage 'Settlement' Is a Bailout for California Just over a week ago in an article I published here in Big Government: “New California Budget Crisis May Torpedo November Tax Increase Initiative.” The article illuminated how State Controller John Chaing had shocked California’s spendthrift politicians by announcing the State would be out of cash beginning March 8th and would miss up to $5.4 billion in vendor payments through May 1st. The timing of the Chaing announcement was disastrous for state politicians; because it destroyed any hope that Governor Jerry Brown’s $6 billion tax increase initiative on the ballot in November would pass. 10 Feb 2012 Agenda 21 Is Repackaged Socialism, Unsustainable Development This year marks the twenty-fifth anniversary of the United Nation’s Brundtland Report, which defined Sustainable Development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs." But aristocratic socialists have corrupted the sustainable development movement into a vehicle to achieve vast administrative power for themselves. Nations that adopt Sustainable Development are doomed to fail at meeting the needs of the present generation and through debt accumulation from deficit spending will consign future generations to a life as debt slaves. 9 Feb 2012 New California Budget Crisis May Torpedo November Tax Increase Initiative 3 Feb 2012 Science Continues to Cast Doubt on Global Warming 30 Jan 2012 Previous 1 2 3 4 5 6 7 8 Next
Lawsuit Exposes Orange County Financial Crisis The ballooning Orange County financial crisis continued its downward spiral as the State of California filed a lawsuit to force return of $73.5 million of property tax revenue the County skimmed from local schools and community colleges last November. It seemed bizarre at the time that the supposed “Most Conservative County in America” would increase spending by $145.8 million, then grab the school’s cash and cancel planned layoffs of 490 union workers. 6 Apr 2012
Crony Capitalism Keeps Blowing in the Wind A good example of the economic silliness of “wind farming” takes place along the Columbia River Gorge where there are a high number of wind turbines. The local electrical operator is Bonneville Power Authority (BPA). Last year, BPA had to shut down the wind farms for nearly 200 hours over 38 days. By law, Bonneville is required to compensate wind companies for half of their lost revenue. This year’s rebate bill could reach up to $50 million a year. 28 Mar 2012
The Old Democrat Party: FDR Expanded US Domestic Oil Production For three years the Obama Administration energy policy focused on pouring $60 billion into alternative energy, while limiting U.S. drilling off the Atlantic Coast, Florida Gulf Coast, Gulf of Mexico, Arctic National Wildlife Refuge and federal lands in the Rockies. Due to these policies, the average price per gallon of gas just hit an all-time-high for this time of year at $3.84 a gallon. 23 Mar 2012
Exodus: California Tax Revenue Plunges by 22% The more likely reason tax collections continue falling is that businesses and successful people are leaving California for the better tax rates available in more pro-business states. 13 Mar 2012
Terrorist Fears Will Force Obama to Send Troops to the Border America and Iran have been involved in a covert war for many years over Iran’s efforts to geopolitically dominate the Middle East. Fearing the political and financial costs of sustaining protracted military actions against Iran, the Obama Administration has cranked up a covert program of assassinations, cyber-attacks and support for Syrian “freedom fighters” to frustrate Iran’s ambitions. 28 Feb 2012
Big Oil Wants to Kill the Keystone XL Pipeline With America on the verge of achieving energy independence in the next five years by dramatically expanding domestic energy production, why should anyone be surprised that it’s Big Oil money that’s out to kill the Keystone XL Pipeline to prevent competition. 17 Feb 2012
Mortgage 'Settlement' Is a Bailout for California Just over a week ago in an article I published here in Big Government: “New California Budget Crisis May Torpedo November Tax Increase Initiative.” The article illuminated how State Controller John Chaing had shocked California’s spendthrift politicians by announcing the State would be out of cash beginning March 8th and would miss up to $5.4 billion in vendor payments through May 1st. The timing of the Chaing announcement was disastrous for state politicians; because it destroyed any hope that Governor Jerry Brown’s $6 billion tax increase initiative on the ballot in November would pass. 10 Feb 2012
Agenda 21 Is Repackaged Socialism, Unsustainable Development This year marks the twenty-fifth anniversary of the United Nation’s Brundtland Report, which defined Sustainable Development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs." But aristocratic socialists have corrupted the sustainable development movement into a vehicle to achieve vast administrative power for themselves. Nations that adopt Sustainable Development are doomed to fail at meeting the needs of the present generation and through debt accumulation from deficit spending will consign future generations to a life as debt slaves. 9 Feb 2012
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