California Election Measures Fail to Address State's Problem

Californians already pay some of the highest taxes in the nation. Imposing ever more taxes--like the $16 billion in additional taxes that Proposition 1A would authorize--to support the state's spending binge won't solve the structural deficit, and will only erode California's already poor business climate...

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The Credit Bubble Explained

Please take a moment for this brilliant video:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
A clear, straightforward look at wtf happened without the political "blamemanship" or Procrustean cant of the Demopublican/Republicrat Party.
Except for the portrayal of the "credit risk" family. I think that was a little elitist. :)