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1.17.2012

“Remaining Awake During a Revolution”

Martin Luther King gave a speech with that title on October 29, 1967 at Grinnell College in Iowa. 

A quote from that speech, echoing a theme that also appears in several other sermons and addresses by the civil rights leader, is the coda of a recent Time cover story on Warren Buffett.    Read more »

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1.13.2012

Happy Belated Birthday Governor Bigler!

John Bigler, California’s third governor and the only chief executive to serve two terms in the 19th Century, was born January 8, 1805 in Carlisle, Pennsylvania.

No other governor until Hiram Johnson in 1911 would win a first and second term.

At his political height, the roly-poly Bigler was popular enough that lawmakers named a lake after him.    Read more »

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1.12.2012

Money Doesn’t Make the Man

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”

                                                         — Warren Buffett    Read more »

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1.12.2012

The Legislative Analyst Offers an Initial Overview of Gov. Jerry Brown’s Budget Proposal

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1.12.2012
The Legislative Analyst Takes A First Cut at Gov. Brown’s Very Optimistic Budget Plan

The Legislative Analyst Takes A First Cut at Gov. Brown’s Very Optimistic Budget Plan

The amount of revenue Gov. Jerry Brown says California will receive over the next 18 months is $3.9 billion less than the Democratic governor says, according to an initial review of his spending plan by the Legislative Analyst.

About $3.7 billion of the difference is in estimates of state income tax collections, primarily taxes on capital gains.    Read more »

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1.11.2012

California’s First Police Force and — The Supposed — Capture of Joaquin Murrieta

California’s third governor, John Bigler, signed legislation passed May 17, 1853 authorizing the raising of a company of up to 20 State Rangers, to be led by Captain Harry Love, a bounty hunter and veteran of the Mexican American War. They were charged – for three months or less – to “capture the party or gang of robbers commanded by the five Joaquins whose names are, Joaquin Murietta, Joaquin O’Comorenia, Joaquin Valenzuela, Joaquin Betellier, and Joaquin Carrillo, and their banded associates.”     Read more »

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1.10.2012

Tax Receipts Down In December — Even Using Gov. Brown’s New Scaled-Back Revenue Estimates.

The state’s revenue collections in December were a net $165 million lower than expected, according to State Controller John Chiang in his monthly cash receipts report January 10.

Sales taxes were $17 million higher during the month than Gov. Jerry Brown predicts in his budget proposal, released January 5.  Income taxes were nearly $70 million lower than Brown hoped and corporate taxes came in $20 million below estimates.    Read more »

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1.10.2012

As Opposed to “Factually Invalid Statistical Data?”

(Editor’s Note: The hyperlinks don’t link in the body of the letter. Here is the “California Budget Fact Check.” You make the call.)

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1.09.2012

Making the Rounds in the Capitol January 9 — Those Crazy Legislative Cut-Ups, What Wackiness Will They Dream Up Next?

 

 

The bill the lemon advertises — AB 1455 by Assemblywoman Diane Harkey, a Laguna Niguel Republican — would prohibit the issuance of unencumbered debt to construct a high speed rail project. Sen. Doug LaMalfa, a Butte Republican and ardent critic of the project has already signed on as principal co-author. Up to $9.96 billion in state debt is currently authorized by the 2008 bond measure approved by voters.    Read more »

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