With one in every eight workers unemployed and empty state coffers, California is borrowing billions of dollars from the federal government to pay unemployment insurance. Read comments View full post on All Stories
Posts Tagged ‘California’
Unemployment payouts push California deeper into debt
November 7th, 2010
davidguide The state is borrowing $40 million a day from the federal government to provide assistance to jobless workers, but has resisted changing the formulas it uses to determine and fund those benefits. California’s fund for paying unemployment insurance is broke. View full post on All Stories
GOP’s Whitman, Fiorina lose California elections
November 3rd, 2010
davidguide Despite dizzying campaign spending, double-digit California unemployment, and an anti-incumbent sentiment, ex-CEOs Meg Whitman and Carly Fiorina couldn’t dislodge their Democratic rivals. View full post on All Stories
Actions of two top state treasurer hopefuls raise questions
October 29th, 2010
davidguide Democrat Bill Lockyer has spent campaign funds on items related loosely if at all to his reelection bid. Republican Mimi Walters has voted on numerous bills that could affect her husband’s business interests. The job of state treasurer today involves managing billions of dollars, overseeing complex borrowing and investment decisions and working to restore California’s [...]
California voters likely to keep global warming law, toss two-thirds budget passage
October 25th, 2010
davidguide Prop. 23, which would suspend new emissions standards until unemployment drops, trails 48% to 32% among likely voters. Prop. 25, allowing a legislative majority to pass a budget, has 58% support. Despite the struggling economy, most California voters oppose suspending the state’s landmark global warming law, which would place strict new environmental regulations on business, [...]
First-Time Jobless Claims Drop 23,000 For Week Ending Oct. 16
October 21st, 2010
davidguide Linda Young – AHN News Writer Washington, DC, United States (AHN) – Advance figures for seasonally adjusted initial jobless claims for the week ending Oct. 16 decreased by 23,000 to 452,000, according to the Department of Labor. The previous week’s revised first-time jobless claims averaged 462,250 and the 4-week moving average was 458,000, a decrease [...]
U.S. Taps Mexican Drug Cartel Phone Calls Deep In Mexico
October 21st, 2010
davidguide Tom Ramstack – AHN News Correspondent San Diego, California, United States (AHN) – U.S. law enforcement agencies are using satellite equipment to monitor phone calls by drug cartel leaders deep inside Mexico even as concern grows among Mexican politicians about interference in their domestic affairs. The FBI wiretaps were revealed in a recent 86-page federal [...]
Gangster Government: California Officials Retaliate Against Prop. 23 Supporters
October 19th, 2010
davidguide WASHINGTON, Oct. 19 /PRNewswire-USNewswire/ — JunkScience.com has learned that California Treasurer Bill Lockyer is retaliating against two Texas-based refiners that are supporting Proposition 23, the California ballot initiative to rollback the state’s global warming law until unemployment (now at View full post on All Stories
Posted in
Tags: