amnesty

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News/Politics 5-11-15

What’s interesting in the news today?

Open Thread

1. The Obama admin continues it’s amnesty program, despite a court order not to. Laws are for the commoners. 

From TheWashingtonTimes  “President Obama’s lawyers admitted to a federal judge late Thursday that they had broken the court’s injunction halting the administration’s new deportation amnesty, issuing thousands of work permits even after Judge Andrew S. Hanen had ordered the program stopped.

The stunning admission, filed just before midnight in Texas, where the case is being heard, is the latest misstep for the administration’s lawyers, who are facing possible sanctions by Judge Hanen for their continued problems in arguing the case.

The Justice Department lawyers said Homeland Security, which is the defendant in the case, told them Wednesday that an immigration agency had approved about 2,000 applications for three-year work permits, which was part of Mr. Obama’s new amnesty, even after Judge Hanen issued his Feb. 16 injunction halting the entire program.

Top Obama officials, including Homeland Security Secretary Jeh Johnson, had repeatedly assured Congress they had fully halted the program and were complying with the order.”

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2. Shockingly, the Obama admin continues to stonewall on the Benghazi probe. 

From RollCall  “The Republican chairman of the House Select Committee on Benghazi on Friday defended the pace of his panel’s year-old investigation into the 2012 terror attack and announced plans to interview three top aides to former Secretary of State Hillary Rodham Clinton.

Rep. Trey Gowdy, R-S.C., in a 15-page “Interim Progress Update” released on the one-year-anniversary of the committee’s creation, blamed the Obama administration for delays in the panel’s probe.

“It is difficult to conduct a fact-centric congressional investigation when the Administration impedes the Committee’s progress by repeatedly failing to answer the Committee’s requests or to provide information in a timely manner,” wrote the South Carolina Republican.

“The largest impediment to being able to write the final, definitive accounting of what happened before, during and after the terrorist attacks in Benghazi is the Executive Branch itself.”

But Gowdy, who also has asked Clinton to appear before his panel, credits his committee with uncovering thousands of new emails and documents related to the administration’s handling of the attack that left four Americans dead.

Gowdy also said the panel wants to interview at least 60 more current and former officials, including Clinton, Susan Rice, Patrick Kennedy and three of Clinton’s top aides during her tenure as secretary of State: Cheryl Mills, Jake Sullivan and Huma Abedin.”

Good. Subpoena them and put ’em under oath. 

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3. The Clinton Foundation – the more we know, the worse it gets. 

From Breitbart  “Shocking revelations show that at least four Clinton Foundation board of directors have either been charged or convicted of financial crimes, including bribery and fraud.

This newest, startling revelation is just one more of many in Peter Schweizer’s bombshell book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich, the book that has sent the Hillary Clinton campaign and the media scrambling.

The book shows that there are many problems with the Clinton charity. In fact, the Clinton Foundation is so unlike a real charity that even charity watchdog group Charity Navigatorrefuses to rate the Clinton Foundation because of its “atypical business model.”

One of those problems is the fact that the Clintons put big donors and close pals on the board for reasons that are hard to fathom. In fact, at least four of these “board members” have either been charged or convicted of serious financial irregularities, crimes including bribery and fraud.”

Hey, if you’re gonna run a scam foundation of this magnitude, you need experienced people who can hide the fraud best, right?

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News/Politics 11-20-14

What’s interesting in the news today?

I’m a little behind on the news today, so mostly this is an Open Thread, but here’s a few that caught my eye.

1. Tonight the President will announce his amnesty plan for illegals. Funny thing though, other than the news channels, none of the networks are broadcasting it. That seems odd. One network that will air it is Univision, the Spanish language network.

Gee, I wonder why? 🙄

I guess they want to make sure their target audience hears the news, the folks against it…. not so much.

From TheWashingtonPost  “President Obama’s announcement Thursday night of his plans to overhaul the nation’s immigration system is scheduled to happen at an opportune time — at least if the White House is hoping to reach a captive audience of Hispanic television viewers.”

“Univision says it will postpone part of the awards show to air Obama’s speech, while the big four TV networks, ABC, CBS, Fox and NBC, currently have no plans to air the address.

Told about the scheduling coincidence by a pack of reporters, Sen. John Cornyn (R-Tex.) the second-ranking GOP senator, said, “Talk about a major pander.””

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2. In a not at all shocking development, DHS thinks there may be another surge of illegals at the border. I’d pretty much guarantee it after Obama announces more amnesty.

From TheWashingtonTimes  “Homeland Security Secretary Jeh Johnson warned Wednesday that the country could face another spike in illegal immigration as the U.S. economy picks up and as seasonal patterns change, though he said they have made major progress in combatting the surge of illegal immigrant children that wrong-footed his department earlier this year.

“We’re determined that we need to do more ourselves for border security,” Mr. Johnson said in a speech at the National Press Club sponsored by Democratic group NDN. “I’m concerned about the possibility of another rise in illegal migration.”

“This summer’s surge of illegal immigrant children and families from Central America exposed flaws in the current immigration enforcement system — particularly U.S. agencies’ inability to quickly deport many of them.”

Sure, it’ll be the booming economy causing it and not the promise of amnesty. Riiiight….. 🙄

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3. And here I thought liberals were all about the separation of church and state. Apparently that only applies when you won’t shill for their causes. Sadly it seems many churches are fine with being shills for the govt.

From TheDailyCaller  “Maryland Gov. Martin O’Malley made national news last year when he fought to pass and signed a tax bill that levied a tax on Marylanders, businesses and churches for the amount of “impervious surface” they have on their property.

Roofs, driveways, sidewalks, and parking lots qualify for the “rainwater remediation fee” to “protect the Chesapeake Bay.”

Though the O’Malley administration calls it a “fee,” it is commonly called the “rain tax” throughout the state. It is wildly unpopular and the promise to fight to repeal the tax was a large factor in Maryland electing Republican Larry Hogan governor this month.

Now Prince George’s Country is offering a way for churches to avoid paying the tax, which is estimated to be an average of $744 per year for them — preach “green” to their parishioners.

So far 30 pastors have agreed to begin “‘green’ ministries to maintain the improvements at their churches, and to preach environmentally focused sermons to educate their congregations” to avoid being hit with the tax, The Washington Post reports.”

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News/Politics 11-13-14

What’s interesting in the news today?

1. Looks like the President is once again going to ignore the will of the American people.

From FoxNews  “President Obama is planning to unveil a 10-part plan for overhauling U.S. immigration policy via executive action — including suspending deportations for millions — as early as next Friday, a source close to the White House told Fox News. 

The president’s plans were contained in a draft proposal from a U.S. government agency. The source said the plan could be announced as early as Nov. 21, though the date might slip a few days pending final White House approval. 

Obama was briefed at the White House by Homeland Security officials before leaving on his Asia-Pacific trip last week, Fox News has learned.”

“The plan calls for expanding deferred action for illegal immigrants who came to the U.S. as children — but also for the parents of U.S. citizens and legal permanent residents. The latter could allow upwards of 4.5 million illegal immigrant adults with U.S.-born children to stay, according to estimates.”

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2. Add another to the list of Democrat losses.

From TheWashingtonExaminer  “Dan Sullivan has defeated Democratic incumbent Mark Begich in the Alaska Senate race, the Associated Press reported late Tuesday evening.

The Republican challenger led by more than 8,000 votes with 100 percent of precincts reporting the day after last week’s midterm elections. The AP had been waiting on Alaska to begin counting more than 53,000 absentee, early-voting and questioned ballots.”

“But Alaska officials counted roughly 20,000 votes on Tuesday, and Sullivan’s lead remained at about 7,900 votes.”

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3. Oh look, ACORN is back (again) and instigating in Ferguson.

From AmericanThinker  “Ferguson’s Don’t Shoot Coalition members are supplemented by professional social activists, from in, and outside, Missouri.

Two such groups are profiled below – one that is a member of the coalition, and one from outside Missouri that saw the crisis in Ferguson as an opportunity to “accelerated the quest for social justice.”

“But Hands Up United has a vision that “means an end to state sponsored violence, including the excessive use of force by law enforcement. We are committed to an America that comes to terms with the trauma of its painful history and finds true reconciliation for it.  Mass incarceration and the criminalization of black and brown people must forever end, leaving in its place a culture that embraces our histories and stories.  This means an end to racial bias and white supremacy in all its forms.”

“MORE’s Form 990’s for 2010-2012 list annual gross revenues for those three years as $90,943, $127,308 and $333,896. On the 2012 Form 990, Jeffery Ordower is listed as the unpaid Executive Director and Secretary. A phone call to MORE confirms Ordower is still the group’s Executive Director.

On September 28, 2009, a 24thstate.com article, entitled “‘Show Me’ The ACORN CEO’s Rolodex,” identified Ordower as the Midwest Regional Director for ACORN, based in St Louis.”

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4. Why college isn’t for everyone.

“The funny thing is: Every time the federal government increases the amount of money that college students can borrow, college tuition goes up. But teaching isn’t a commodity like oil or wheat or steel whose actual value goes up and down due to market forces.

Standing in front of kids and twice a week and teaching them that America is responsible for everything bad that’s ever happened in the world—and anyone who has the audacity to disagree with a college professor is completely evil—pretty much costs the same year in and year out.”

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News/Politics 9-16-14

What’s interesting in the news today?

1. Again, not a revenue problem, but a spending problem.

From CNSNews  “Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the fiscal year this August, but the federal government still ran a $589,185,000,000 deficit during that time, according to the latest Monthly Treasury Statement.

Each month, the Treasury publishes the government’s “total receipts,” including all revenue from individual income taxes, corporate income taxes, social insurance and retirement taxes (including Social Security and Medicare taxes), unemployment insurance taxes, excise taxes, estate and gift taxes, customs duties, and “miscellaneous receipts.”

The largest share of the tax revenue so far this year has come from individual income taxes, which totaled $1,233,274,000,000 in the first 11 months of fiscal 2014.

The rest of the receipts came from corporation income taxes totaling $247,200,000,000, employment and general retirement (off-budget) totaling $674,338,000,000, employment and general retirement (on-budget) totaling $209,281,000,000, unemployment insurance totaling $54,591,000,000, other retirement receipts totaling $3,155,000,000, excise taxes totaling $73,051,000,000, estate and gift taxes totaling $17,702,000,000, customs duties totaling $30,902,000,000 and miscellaneous receipts totaling $119,933,000,000.”

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2. Of course they did.

From TheDailySignal  “As the House Select Committee on Benghazi prepares for its first hearing this week, a former State Department diplomat is coming forward with a startling allegation: Hillary Clinton confidants were part of an operation to “separate” damaging documents before they were turned over to the Accountability Review Board investigating security lapses surrounding the Sept. 11, 2012, terrorist attacks on the U.S. mission in Benghazi, Libya.”

“According to former Deputy Assistant Secretary Raymond Maxwell, the after-hours session took place over a weekend in a basement operations-type center at State Department headquarters in Washington, D.C. This is the first time Maxwell has publicly come forward with the story.

At the time, Maxwell was a leader in the State Department’s Bureau of Near Eastern Affairs, which was charged with collecting emails and documents relevant to the Benghazi probe.

“I was not invited to that after-hours endeavor, but I heard about it and decided to check it out on a Sunday afternoon,” Maxwell says.

He didn’t know it then, but Maxwell would ultimately become one of four State Department officials singled out for discipline—he says scapegoated—then later cleared for devastating security lapses leading up to the attacks. Four Americans, including U.S. Ambassador Christopher Stevens, were murdered during the Benghazi attacks.”

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3. And it begins…..

From MSNNews  “U.S. officials said Monday the United States has taken the first step in its planned expanded fight against Islamic State militants, going to the aid of Iraqi security forces near Baghdad who were being attacked by enemy fighters.

The U.S. Central Command said it conducted a strike Monday in support of the Iraqi forces southwest of Baghdad. There was also an airstrike Sunday near Sinjar in northern Iraq.

The strike southwest of Baghdad represents the newly broadened mission authorized by President Barack Obama to go on the offensive against the Islamic State group wherever it is. Previous U.S. airstrikes in Iraq were conducted to protect U.S. interests and personnel, assist Iraqi refugees and secure critical infrastructure. Monday’s strike was in direct support of Iraqi forces fighting the militants, hitting fighters who were firing on them.”

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4. There’s no shortage and yet they use the lie to push for amnesty.

From USNews  “All credible research finds the same evidence about the STEM workforce: ample supply, stagnant wages and, by industry accounts, thousands of applicants for any advertised job. The real concern should be about the dim employment prospects for our best STEM graduates: The National Institutes of Health, for example, has developed a program to help new biomedical Ph.D.s find alternative careers in the face of “unattractive” job prospects in the field. Opportunities for engineers vary by the field and economic cycle – as oil exploration has increased, so has demand (and salaries) for petroleum engineers, resulting in a near tripling of petroleum engineering graduates. In contrast, average wages in the IT industry are the same as those that prevailed when Bill Clinton was president despite industry cries of a “shortage.” Overall, U.S. colleges produce twice the number of STEM graduates annually as find jobs in those fields.

In the face of these stark facts, we now see several studies that seem to be desperate Hail Mary passes, using rather unconventional means to find “shortages.” Some analysts do this by expanding the definition of STEM jobs – traditionally those involved in innovation, discovery and development – to include air conditioning technicians and even some retail jobs to make the case that this workforce is large and growing. Without any coherent meaning, such analyses now serve only rhetorical purposes to advance particular legislation.

Cries that “the STEM sky is falling” are just the latest in a cyclical pattern of shortage predictions over the past half-century, none of which were even remotely accurate. In a desert of evidence, the growth of STEM shortage claims is driven by heavy industry funding for lobbyists and think tanks. Their goal is government intervention in the market under the guise of solving national economic problems. The highly profitable IT industry, for example, is devoting millions to convince Congress and the White House to provide its employers with more low-cost, foreign guestworkers instead of trying to attract and retain employees from an ample domestic labor pool of native and immigrant citizens and permanent residents. Guestworkers currently make up two-thirds of all new IT hires, but employers are demanding further increases. If such lobbying efforts succeed, firms will have enough guestworkers for at least 100 percent of their new hiring and can continue to legally substitute these younger workers for current employees, holding down wages for both them and new hires.

 Claiming there is a skills shortage by denying the strength of the U.S. STEM workforce and student supply is possible only by ignoring the most obvious and direct evidence and obscuring the issue with statistical smokescreens – especially when the Census Bureau reports that only about one in four STEM bachelor’s degree holders has a STEM job, and Microsoft plans to downsize by 18,000 workers over the next year.”

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5. That’s what us global warming deniers have been saying for years. It’s not science driven, it’s agenda driven.

From TheDailyCaller  “Emails between top Environmental Protection Agency officials reveal they saw their fight against global warming as putting them at “forefront of progressive national policy.”

“You are at the forefront of progressive national policy on one of the critical issues of our time. Do you realize that?” former EPA chief Lisa Jackson asked former EPA policy office head Lisa Heinzerling in a Feb. 27, 2009 email.

“You’re a good boss. I do realize that. I pinch myself all the time,” Heinzerling replied that same day to Jackson, who was using an alias email account under the fake name “Richard Windsor.”

These emails, which were part of a batch obtained by the Competitive Enterprise Institute, show what top EPA officials were thinking as the agency prepared to release its greenhouse gas endangerment finding. which would give the agency the power to regulate carbon dioxide emissions from tailpipes and, eventually, from power plants.

“This is not about climate,” CEI senior fellow Chris Horner told The Daily Caller News Foundation. “This is the progressive agenda.””

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News/Politics 4-22-13

What’s interesting in the news today?

The big story continues to be the Boston Bombings.

The surviving bomber is awake and responding to questions from authorities. From ABCNews

” Law enforcement sources tell ABC News that the Boston Marathon bombings suspect is awake and has been responding sporadically in writing to questions. Officials say they have been asking about other cell members and other potential unexploded bombs. Details on any answers given have not been released.”

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It’s a story of dueling press accounts as well. As you’d expect, MSNBC and like minded sources refuse to admit the obvious motivations of the bombers. They’re in denial about any religious motivations. Some foreign sources aren’t having that problem.

From TheDailyMail

“The Mail on Sunday has learned that the FBI  put Tamerlan Tsarnaev, 26, under surveillance after receiving an explicit  warning from the Russian intelligence services.”

“Despite all this, the FBI found no  substantive evidence that he was engaged in terror-related activities though  they continued to ‘monitor his internet use and contacts’.

According to an intelligence source, Russia  remained convinced that Tamerlan, an ethnic Chechen, was in ‘direct contact’ with Islamist militants, most likely based in the strife-torn southern Russian  region of Dagestan, where he lived for two years with his family prior to moving  to the US.”

The FBI has a lot of explaining to do. More from TheTelegraphUK

And here as well, also from TheTelegraphUK

MSNBC says don’t be too hard on the FBI, from Newsbusters

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Meanwhile NBC Nightly News ignores the Islamic ties.

MSNBC insists it’s not related to Islam at all.

And Salon’s Clown Prince says we conservatives want them to be Muslims so we can have a bigoted, violent, civil-liberties-trampling reaction.

And the Atlantic insists it too soon to tell if Islam played a roll.

The NYTIMES publishes then revises a story seemingly sympathetic to the bombers.

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The Mayor of Boston says the 2 suspects acted alone. From TheAP

“Boston Mayor Tom Menino says information he has indicates that the suspects in the Boston Marathon bombing acted alone.”

“He tells ABC’s `This Week” that a pipe bomb was found at another location and that another person was taken into custody. The mayor did not elaborate.”

Well which is it? Or is this another totally unrelated bomber?

This publication disagrees with the Mayor. From TheMirrorUK

“The FBI was last night hunting a 12-strong terrorist “sleeper cell” linked to  the Boston  marathon bomb brothers.”

“A source close to the investigation said: “We have no doubt the brothers were  not acting alone. The devices used to detonate the two bombs were highly  sophisticated and not the kind of thing people learn from Google.

“They were too advanced. Someone gave the brothers the skills and it is now  our job to find out just who they were. Agents think the sleeper cell has up to  a dozen members and has been waiting several years for their day to come.”

I hope they’re wrong and the Mayor is correct.

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This is a good piece on how the brothers came to be the extremists they were in the end. From TheBostonGlobe

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Military tribunal or criminal trial? Go with A.  From ABCNews

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Boston’s Police Comm. calls releasing the photos a turning point. From Boston.com

“Boston Police Commissioner Edward Davis said releasing the photos of the two suspects in the Boston Marathon bombing “may have led to the further attack” against MIT police officer Sean Collier, which he called an assassination. But he stressed there is no way to know for sure.

Releasing the pictures after many hours of behind-the-scenes deliberation, “was a turning point in the investigation, no doubt about it,” said Davis in an interview with the Globe.

“It forced them out of their hideout and they decided to commit further violent acts. But it’s my belief that they were already manufacturing explosive devices. Further violent acts were inevitable.” The suspects “were not making those explosives for nothing,” said Davis. “There was a plan there, and I believe that tragically [Collier] lost his life, but he was truly protecting the citizens of the city.””

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In other news…….

An update from the Texas plant explosion story. Press has been allowed in, and the story is one of devastation. From CBSNews

“At least 14 people are dead and 200 injured after the blast in the tiny Texas town. Officials now say 12 of the 14 killed were first responders, CBS News’ Steve Futterman reports.”

“Meanwhile, on the first Sunday after the explosion, pastor John Crowder stood atop a long flatbed truck overlooking a hayfield and spoke to his congregation.

Crowder’s First Baptist Church in West remains blocked off as investigators work on the scene of Wednesday’s blast. So about 100 people sat in white folding chairs Sunday morning, while others carried their own.

“We have lost our friends and neighbors,” Crowder told the audience. We have lost the safety and comfort of our homes. But as scary as this is, we don’t have to be afraid.”

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A bizarre report of shots fired at a nuke plant. Great, just what we need, more crazy. From WBIR.com

“A TVA spokesperson confirmed that a security officer patrolling TVA Watts Bar Nuclear Plant in Spring City was involved in a shootout with a suspect Sunday at about 2:00 a.m.
The security incident happened on the Tennessee River side of the plant property, more than a quarter mile from the plant’s protected area, which houses its reactor and power production facilities.

TVA spokesperson Jim Hopson said the subject traveled up to the plant on a boat and walked onto the property.  When the officer questioned the suspect, the individual fired multiple shots at the officer.  The officer shot back, and when he called for backup, the suspect sped away on his boat. ”

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Schumer and Graham are claiming this adds a need for urgency to the amnesty bill they want passed. 🙄 Shocking right? From TheHill

“The Boston Marathon tragedy is a reason for Congress to move faster – not  slower – to overhaul the nation’s immigration system, according to two  co-authors of a Senate reform package.

Some conservatives on Capitol Hill have suggested Monday’s deadly bombings – allegedly orchestrated by a pair of young immigrants from Russia’s volatile  Caucasus region – should cause lawmakers to move more deliberately in their  approach to immigration reform this year.”

“But Sens. Charles Schumer (D-N.Y.) and Lindsey Graham (R-S.C.) – chief  architects of a sweeping bipartisan immigration proposal unveiled last week – argued Sunday that their bill will help prevent future terrorist attacks at home  and should be taken up as soon as possible.”

Funny thing though, Chuck doesn’t like to be questioned on the specifics. From TheDailyCaller

“Chris Crane, head of the immigration officers union, was pulled out of a  Senate press conference today when he tried to question Sen. Chuck Schumer  during the televised roll-out of the 844-page immigration rewrite.

While reporters asked questions, Schumer ignored three requests from Crane,  who sought to question him about aspects of the far-reaching law, which promises  to tighten enforcement of immigration laws at borders, airports and  seaports.

“Will you take a question from law enforcement?” Crane asked, repeating the  question twice before being removed.

Schumer ignored the question, and repeated his advocacy for the bill. Crane’s  union represents agents of the Immigration and Customs Enforcement (ICE)  service.”

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by

News/Politics 4-1-13

What’s interesting in the news today?

Open thread, as always.

Here’s a few to start off.

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Ready or not, here comes amnesty, and with the borders left open.

From TheHill

“Sen. Lindsey Graham (R-S.C.), one of the bipartisan “Gang of Eight” senators  working on an immigration-reform bill, said Sunday the group had agreed on a  deal to be unveiled soon and that he was confident the bill would eventually be  signed into law by President Obama.

“We’ve got a deal,” said Graham on CNN’s “State of the Union.” “2013 I hope  will be the year we pass bipartisan immigration reform, signed into law.””

“Sen. Charles Schumer, another member of the immigration group gave a similar  timeline. He said the final draft will be done this week, Senate Judiciary  Committee hearings would be in April, and the bill could hit the floor for a  vote as early as May.”

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What is it with this guy and Pastors who make radical statements?

From TheBlaze

“The pastor at the Washington, D.C. church where the Obama family celebrated Easter on Sunday said members of the religious right want blacks “in the back of the bus,” women “back in the kitchen” and immigrants “back on their side of the border.”

“It drives me crazy when the captains of the religious right are always calling us back…for blacks to be back in the back of the bus…for women to be back in the kitchen…for immigrants to be back on their side of the border,” Rev. Dr. Luis Leon said in his sermon, according to the White House press pool report.”

More on the Pastor’s comments here, from TheWeeklyStandard

And a Hat Tip to Donna J 🙂

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We have an interesting read here from FreedomWorks

“As a 15 year old, I never imagined my activism in politics would translate into controversy for me at school.

My name is Benji Backer and I attend a public high school in Appleton, Wisconsin. I have always supported the public school system and plan to do so for the rest of my life. Many Americans who stand up for the public school system and the unions believe there is no attempt to sway opinion or that students with opposing beliefs are singled out. Unfortunately, experiences I have had with harassment and bullying prove that wrong. This is a timeline of the most extreme cases of harassment and indoctrination I have had in the three different public schools I have attended over the last three years.

I am currently in my freshman year of high school and the incidents are happening more frequently and I believe are more severe.  As you can imagine, the ongoing pressure and bullying has been disturbing to me, my friends and my family.”

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And as long as we’re on the subject of public schools….

From TheWashingtonPost

“The former superintendent of Atlanta Public Schools and nearly three dozen other administrators, teachers, principals and other educators were indicted Friday in one of the nation’s largest cheating scandals.

Former Superintendent Beverly Hall faces charges including racketeering, false statements and theft. She retired just days before a state probe was released in 2011 and has previously denied the allegations. The indictment represents the first criminal charges in the investigation.

The previous state investigation in 2011 found cheating by nearly 180 educators in 44 Atlanta schools. Educators gave answers to students or changed answers on tests after they were turned in, investigators said. Teachers who tried to report it faced retaliation, creating a culture of “fear and intimidation” in the district.”

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And we’ll end with this story on the fiscal nightmare years of Democrat rule will get you. Detroit has nothin’ on Cali.

From TheSacrementoBee

“Were California’s state government a business, it would be a candidate for insolvency with a negative net worth of $127.2 billion, according to an annual financial report issued by State Auditor Elaine Howle and the Bureau of State Audits.

The report, which covers the fiscal year ending June 30, 2012, says that the state’s negative status — all of its assets minus all of its liabilities — increased that year, largely because it spent more than it received in revenue.”

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