Thank Goodness for Prop 25, Right?
Thanks to Proposition 25 we have an on-time, balanced budget — or so we are told. The truth is we have a budget document that any respectable college professor would grade “incomplete”– at best. Many budget related bills have yet to pass. We don’t know the extent of the cuts in some areas. We don’t […]
Evidence is In: Tax Credits Work for CA Film Biz
How many more studies do we need before decision-makers decide to take additional bold steps to ensure that California remains the film capital of the world? How many times does a message have to be sent before it resonates and rivets action? Several studies which focus on runaway film and television production and California’s response […]
On-Time Budget Full of Holes, Games, Gimmicks
Crossposted on CalWatchDog SACRAMENTO — The Legislature met its constitutional budget deadline, which means legislators will not be docked their pay this year. However, claims by legislative leadership that this budget really is a balanced, honest budget, free of gimmicks and accounting tricks were met with guffaws, anger and stiff verbal sparring on the floor […]
Is IPO Market Hot or Cold?
If you haven’t noticed, there’s been a small flurry of Los Angeles area IPO announcements lately. LegalZoom of Glendale announced last month that it plans to sell its stock in an IPO, or initial public offering. Kythera Biopharmaceutical in Calabasas and CKE, the Carpinteria company that owns the Carl’s Jr. and Hardee’s chains, in recent […]