Congressmen allege spying...reporter finds interns.The video makes the three lawmakers look like idiots and Ibrahim Hooper seems to a a reasonable rational man who is being victimized by ignorant rascists. I hope the book's author found more because he has just been written as rascist and the Congressmen as dunces.
California Budget Solution – Ignore It. $3 Billion Financial Gap by December. State Budget Deficit Already in the Billions. Tax Revenues Collapse and Unemployment and Underemployment at 23 Percent.Many of those calling for a housing bottom seem to ignore the state budget problems that are already showing up in California’s finances. State revenues are collapsing. This is important to focus on because it will leave the state with a few options in remedying the deficit. It can either raise taxes or cut spending further. Both are bad for the overall housing market. And housing prices have not boomed like some have claimed. 475,000 notice of defaults will be sent out in 2009, a record breaking number. California is battling gaps in revenue even though it has some of the highest taxes in the country.
California itself is a gigantic economic engine. With a GDP of $1.8 trillion, it is by far the biggest economic state in the country. In fact, if you were to take California as a country in itself it would be the8th largest economy in the world between Italy and Spain:However, California itself is at the heart of the current economic mess. A state littered with the landmines of Pay Option ARMs and Alt-A loans still lingering in the background. The market is reeling like a dazed boxer from being too dependent on the real estate and finance driven economy. The state now has the highest combined tax rate but also one of the highest unemployment rates in the country coming in at 10.5 percent.
For Rufus:Mississippi you're on my Mind (Jesse Winchester)Mississippi, You're On My MindI think I see a wagon rutted roadWith the weeds growing tall between the tracksAnd along one side runs a rusty barbed wire fenceAnd beyond that sits an old tar paper shackMississippi you're on my mindMississippi you're on my mindOh, Mississippi you're on my mindI think I hear a noisy old John DeereIn a field specked with dirty cotton lintAnd below the field runs a shady little creekAnd there you'll find the cool green leaves of mintMississippi you're on my mindMississippi you're on my mindOh, Mississippi you're on my mindI think I smell the honeysuckle vineThe heavy sweetness like to make me sickAnd the dogs, my God, they're hungry all the timeAnd the snakes are sleeping where the weeds are thickMississippi you're on my mindMississippi you're on my mindOh, Mississippi you're on my mindI think I feel an angry oven heatThe Southern Sun just blazes in the skyIn the dusty weeds a fat grasshopper jumpsI want to make it to that creek before I fryMississippi you're on my mindMississippi you're on my mindOh, Mississippi you're on my mind©1974 Jesse WinchesterFrom the LP "Learn To Love It"
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