Today’s front page of the Wall Street Journal offers a perfect example of the idiom "fiddling while Rome burns." At the top of the page, there’s an article about the run on IndyMac bank in Burbank, accompanied by a picture of worried customers trying to withdraw their money. Let your eyes drift down the page and you’ll see another article about California—-a front page story about Senator Jack Scott’s proposed ban on foil balloons. So let’s recap: California is experiencing a horrible fire season, and our national and state financial system is in dire straits, but our lawmakers are busy stopping teenagers from singing the national anthem in the capitol rotunda and trying to ban metallic balloons. Oh, and as Jon wrote about today, our legislators still haven’t passed a state budget. What exactly are we paying these people to do for us?… Read More

There are a few very good political treasurers in CA. I work with Dana Reed and Lysa Ray and John Ramirez with various clients. But my treasurer is Betty Presley and she sends email updates every time a major deadline is approaching or with any big updates in campaign finance law.

I thought this one was interesting enough to post since so many good people get into trouble with the nuances of campaign finance restrictions. (Full document attached in .pdf format below).

Federal law limits contributions to party organizations to just over $100,000 per contributor. This is a terribly stupid law. It not only restricts political speech, but it also forces political dollars into the shadows of 527s and other independent efforts not tracked as well as direct political contributions.

Some other fun facts courtesy of Betty Presley:

I. $2,300 to a candidate committee per election. II. $5,000 per year to a non-candidate controlled Federal PAC. III. $10,000 per year in each state to all state, district, and local political… Read More

The Party’s sails were slack. Voters saw it as "callous, bigoted, and sleazy". In ‘blind tastings’ voters who liked the Party’s ideas withdrew approval when they heard which party supported them. In short, the brand was toxic. As politicians and the Party faithful started to lose seats their first strategy was to double down on the issues and message which had done so well, for so long. It didn’t work, and things got worse, much worse, for a long time…

So, with thanks to ten years of The Economist throughout this writing, the Conservative Party in the United Kingdom since Prime Minister Margaret Thatcher was in trouble. Since the late 1990’s the Conservatives stumbled through the wilderness in British politics, snagging their coats on every briar along the way. They lost three straight general elections and there was some thought by otherwise reasonable people that the Conservative Party may have outlived itself.

Todaythe generic ballot is 45 Conservative 25 Labor.

Of course, one of thereasons for the re-animation of the Conservative Partyis that, usually, the party in power exhausts itself and… Read More

Not since the Chia Pet or the Clapper has a commercial like the medical alert program featuring a lady that had fallen and couldn’t get help caught the fancy of untold thousands of Americans.

Always looking to be on the edge, the State Senate and soon the State Assembly will pass SCR 77 that would declare the first week of fall as “Fall Prevention Awareness Week”. Get it? First week of fall!

The bill has received no negative votes to date and will pass easily unless there is some activity from the pro-falling lobby (trial lawyers?).

What does it do?

“This measure would urge the California Department of Aging and the area agencies on aging to incorporate fall prevention in their upcoming state and local area master plans and recommend the California Health and Human Services Agency develop standardized definitions and reporting methods that will improve available information on falls. This measure would also recommend that fall prevention guidelines be incorporated into state and local planning documents that affect housing, transportation, parks, recreational facilities,

Language amending abill to delay Prop 1 from the November 2008 ballot until the November 2010 ballot was accepted on the Assembly Floor today. SB 298 will contain language that will be referred to the proper committees for consideration. I was the floor manager for the amendments, which received a 54-9 vote, with only Dems voting "no" and a bunch not voting, to send the proposal to committee. Delaying a $10 Billion railbond vote during this fiscal mess makes sense to me. We’ll see what happens in the committee process as there isn’t much deadline time left to pull items off of the ballot that the legislature placed there.… Read More

The commentary below was penned exclusively for the FlashReport by State Senator Bob Dutton, the Vice Chairman of the State Senate Budget Committee…

Democrats Tax Plan Is A Tax On Job Creation And Economic Opportunity By Senator Bob Dutton I try to be optimistic. I have always believed it is better to look at the positive side of things. Better to look at the glass as half full instead of half empty. But I never thought anyone would seriously suggest $10 billion dollars in tax increases when Californians are paying record high gas prices and home prices are in free fall. California also has one of the highest unemployment rates in the country because good paying jobs are… Read More

The commentary below was penned exclusively for the FlashReport by State Senator Bob Dutton, the Vice Chairman of the State Senate Budget Committee…

Democrats Tax Plan Is A Tax On Job Creation And Economic Opportunity By Senator Bob Dutton

I try to be optimistic. I have always believed it is better to look at the positive side of things. Better to look at the glass as half full instead of half empty. But I never thought anyone would seriously suggest $10 billion dollars in tax increases when Californians are paying record high gas prices and home prices are in free fall. California also has one of the highest unemployment rates in the country because good paying jobs are leaving this state.… Read More

There has been a lot of press recently about the upcoming November ballot big-bucks bond measure to establish public financing for a high-speed train service between Northern and Southern California.

Having a train that can wisk you up and down throught the state in just a few hours may, or may not be a good idea. But saddling ALL of California’s residence with bond debt for a service that with benefit relatively few of our state’s residents is wrong, and unfair.

If there is enough of a market for rail travel, then private companies that want to make a go of it can take their future-earnings studies to investors, and get financing to build the train routes and buy the trains.

I am getting sick and tired of people trying to raise taxes or sell bonds to get things paid for that should not be paid for with public moneys. Don’t get me going on public subsidies for sporting arenas.

The High Speed Rail Bonds are Proposition 1 on the ballot this November – be sure to vote no. And be sure that if you see a commercial in support of it, you’ll be able to trace the dollars that paid for the spot directly to those who will… Read More