California Archive

Top Gun FP Client Note: Inklings Of A Housing Double Dip

In the three weeks since the start of our third quarter on May 1st, which coincided with the expiration of the homebuyer tax credit, our per community deposits and traffic were up 23% and 11%, ...
Posted by Greg Feirman  ·  No Comments »

LA Times Op-Ed: California’s $500 Billion Pension Time Bomb

April 6, 2010  ·  Category: California, Politics
The state of California's real unfunded pension debt clocks in at more than $500 billion, nearly eight times greater than officially reported. That's the finding from a study released Monday by Stanford University's public policy program, ...
Posted by Greg Feirman  ·  No Comments »

NYT: State Debt Woes Grow Too Big to Camouflage

March 30, 2010  ·  Category: Bonds, California, Government, Macro Economics
California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: Out Here In California

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

CA To Sell $2 Billion Worth Of Office Buildings To Raise Cash

September 24, 2009  ·  Category: California, Government, Real Estate
We're looking to get these properties sold as soon as possible. - Eric Lamoureux, CA Department of General Services Spokesmen The state wants to sell the buildings for the cash and then lease them back from the ...
Posted by Greg Feirman  ·  No Comments »

George Will: Tom Campbell Is A Long Shot To Watch In CA Governor Race

September 24, 2009  ·  Category: California, Politics
An especially intriguing candidate in a colorful field is Tom Campbell.  Colorful he is not.  "Talk softly and carry a small calculator" could be his motto.  What glitter, however, are his resume and agenda. He has ...
Posted by Greg Feirman  ·  No Comments »

Meg Whitman’s Sparse Voting Record

September 24, 2009  ·  Category: California, Politics
It's a dereliction of our first duty as American citizens.  We're talking about someone who has practically not voted her entire adulthood.  It's embarrassing. - Mark Petracca, Political Science Professor, UC Irvine A real problem for Meg Whitman's ...
Posted by Greg Feirman  ·  1 Comment »

Kudlow Interviews The Top Two Republican Candidates For Governor of California

September 21, 2009  ·  Category: California, Politics
Kudlow interviewed Meg Whitman on his show on Thursday and Steve Poizner on Friday.
Posted by Greg Feirman  ·  No Comments »

Going Broke: Sac Bee Feature Series On California’s Budget Crisis

September 21, 2009  ·  Category: California, Government
A couple of interesting front page feature pieces in the Sacramento Bee on California's budget mess: "Going Broke: State's a wreck - can it be fixed?", The Sacramento Bee, September 20, A1 The most interesting piece from ...
Posted by Greg Feirman  ·  No Comments »

State Governments Under Massive Pressure

September 8, 2009  ·  Category: California, Government, Macro Economics
Source: "States Shut Down To Save Cash", The Wall Street Journal, September 4, A1 Also see: "The Coming Reset In State Government", Mitch Daniels, Republican Governor of Indiana, The Wall Street Journal, September 4, A17 "Lights Out ...
Posted by Greg Feirman  ·  No Comments »