At first glance, there seems little reason for our side to find opportunity in California’s fiscal disaster. The state’s finances are in even relatively worse shape than that of the federal government and a Republican governor bears more than a little responsibility for the mess.
Californians owed tax refunds may not get themÑat least not anytime   more

President Obama generated huge headlines yesterday by announcing caps on senior executive pay at large financial institutions.
The Wall Street Journal reported this morning that
President Barack Obama laid out strict new regulations on executive compensation Wednesday, strafing Wall Street with tough talk as Washington asserts increasing control over a financial sector seeking more government funds.

This declaration   more

Fortunately, the US has experienced only a few black-outs and regional power outages in the last three decades. The biggest happened on August 14, 2003 Ñapparently the result of a tree branch falling in Ohio–and affected much of the Northeast, the Midwest, and Ontario.  Such incidents may not remain rare much longer, however.
Our capacity   more