A couple weeks ago, regarding the so called “Rebuild California” propositions and their effect on outstanding state of California debt I wrote: If you are an owner of State of CA municipal bonds, as many people are because the interest is…
As I previously wrote, Proposition 90’s complexities regarding regulatory takings have led to doubt and confusion, even among some supporters. Some opponents have pointed to all the lawsuits that have resulted from Oregon’s eminent domain law that passed in 2004. However,…
Fundamentally, I think there are two main schools of investing. There are the guys who believe in doing rigorous research and finding stocks that are undervalued. These stocks could be undervalued because of their cheap price or because they will…
According to Dan Walter’s article in today’s Sacramento Bee: The latest survey on state taxes has been issued by the conservative Tax Foundation, dealing with what it calls the ‘business tax climate’. Ironically, the Tax Foundation found that California’s business…
In an article today on Latina Republican assemblywoman Bonnie Garcia the Sacramento Bee wrote: At one point in the recording [of a Schwarzenegger meeting with his inner circle], the governor and an aide debate whether Garcia is of Cuban or…
On his radio show Real Money this morning (Thursday October 26) Jim Cramer, of CNBC’s popular Mad Money, had some interesting things to say about the upcoming election and Top Gun recommendation Comcast. On the upcoming election: Election day is…
“Nor shall private property be taken for public use without just compensation” – 5th Amendment of the US Constitution On June 23, 2005 the Supreme Court of the United States ruled for New London and against Susette Kelo in what is…
On Sunday I wrote this in the context of arguing against Props 1B – E: Nobody can deny the importance of the goals that Propositions 1A – 1E aim at. California’s infrastructure, especially its transportation system, is crucial to the…
Amazon (AMZN) reported 3rd quarter results today after the close (Tue Oct 24). In fact, the conference call which you can listen to live on the internet just ended a couple minutes ago. Apparently, the Street liked what it heard…
Netflix reported an excellent quarter after the close yesterday (Monday October 23, 2006) and the shares are popping today – up $4.12 to $27.35 with 8.7 million shares trading hands, according to Money Central (1:48pm EST, quotes 15 min delayed). If…