California puts 90-day hold on foreclosures

California is imposing a 90-day moratorium on housing foreclosures under a new law that took effect Monday. The California Foreclosure Prevention Act, or Assembly Bill X2 7, which Governor Arnold Schwarzenegger signed in February, is meant to push banks and loan servicers into lowering mortgage payments of homeowners in financial trouble.  Lenders must prove they … Continue reading California puts 90-day hold on foreclosures

California Budget: The slashing of state agencies begins

A legislative budget committee voted unanimously Wednesday to eliminate state agencies altogether, taking dead aim at an administrative layer of gubernatorial bureaucracy that oversees most of the state's departments. The 10-member panel -- six Democrats and four Republicans -- also voted to eliminate the Office of the Secretary of Education, which lawmakers said is unnecessary … Continue reading California Budget: The slashing of state agencies begins

Senate Rejects Pet Sterilization Bill

In the midst of a $24.3 BILLION river of red, yesterday the California State Senate took a few moments to reject one of the legislative session's most controversial bills, aimed at encouraging -- or perhaps compelling -- dog and cat owners to have their animals neutered. Proponents argue that each year nearly one million unwanted … Continue reading Senate Rejects Pet Sterilization Bill

California Budget: Governor Proposes Eliminating CalWORKS

The governor's aides will give lawmakers a briefing today on details of cuts aimed at closing a budget gap that is $24 billion wide, by some forecasts. 'The voters sent a very clear message to Sacramento: Live within your means, cut spending, slash the size of government, get rid of the waste and the inefficiency … Continue reading California Budget: Governor Proposes Eliminating CalWORKS

California High Court Upholds Gay Marriage Ban

BREAKING: The California Supreme Court on Tuesday upheld same sex marriages that were already performed but upheld voters' rights to uphold the state constitution banning gay marriage At issue in the court decision were two questions about Proposition 8, which 52 percent of voters approved in November — just six months after a divided court issued … Continue reading California High Court Upholds Gay Marriage Ban

California Voters Resoundingly Reject Ballot Measures

California voters have crushed efforts by elected leaders to patch a gaping hole in the state budget with a package of ballot measures that included borrowing, extending $16 billion worth of taxes and promising to reform future budgets with a reserve fund and a spending cap. Just how bad was it?  You can check out … Continue reading California Voters Resoundingly Reject Ballot Measures

Will California Voters Answer the Special Election Call?

An unending run of grim economic news has seemingly put California voters in a foul mood before Tuesday's special election.  Today's special election arrives in the midst of a bad national economy and arrives three months after a 15 week squabble to close an earlier $42 billion shortfall. Add in a complex set of ballot propositions and … Continue reading Will California Voters Answer the Special Election Call?

Cal Chamber Releases Annual Job Killer List

The California Chamber of Commerce has released their annual “Job Killer” list.  The 2009 list highlights 29 legislative measures that represent what the Chamber calls a ”threat” to California’s recovering economy. Senate Republican Leader Dennis Hollingsworth commented, “the Cal Chamber is exposing bills that are most harmful to California’s economy.  We must stop any legislation that causes job … Continue reading Cal Chamber Releases Annual Job Killer List

California’s Growing State Government

On the heels of last month’s “tea party” protests against higher government spending and the threat of higher taxes, Rasmussen recently released a new poll which shows 60% of Americans believe the government has too much power and too much money. The oft repeated claim of conservatives is that at every level, government is too … Continue reading California’s Growing State Government