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California voting results = devastating budget cuts

Every state is experiencing revenue shortage to cover all the spending programs in place.  Just like regular people in a recession deciding whether to keep cable or downgrade their cell phone plans, the state government has to balance its budget and make cuts.  Watching the TV news about union protests, city mayors preparing for the [...]

Nouriel Roubini aka Dr Doom latest video on the economy

I like listening to Nouriel Roubini aka Dr Doom who for some reason reminds me of Dracula.  I respect his financial opinions as he was one of the early forecasters of the housing bubble and bust.  He never comes across as just being a cheerleader like most salespeople (real estate agents and stock brokers) or [...]

2 good mma matches I am looking forward to watching

There are a couple of good MMA matches coming up. One fight in the UFC is Rashad Evans vs Lyoto Machida.  My pick for this fight is Machida.  They are both undefeated but this fight may end up being boring if they just wait to counter-punch each other.  Kind of like that Tim Sylvia [...]

California will now have to figure out how to balance the budget

All the measures failed except the one that rewards our miserable state lawmakers who can’t figure out how to balance the budget.  We should have reduced all their pay.  They have no business of being paid 6 figures for the poor job they have done.
LOS ANGELES (AP) —
California’s voters on Tuesday rejected a complex [...]