THE FAILED TAX INITIATIVES [WHAT IT MEANS FOR VENTURA] California voters sent a message in the last election about a state government out of control, and out of touch. By rejecting the political establishment’s $16 billion in higher taxes, spending gimmickry and more borrowing, the voters got it right. They are willing to accept […]
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THE SPECTRE OF BANKRUPTCY [T.E.A. PARTY ANYONE?] In the August 2008 edition of this newsletter, we suggested that Ventura “may” be following the missteps of the City of Vallejo right into bankruptcy court. After you read this you will realize that our unfunded pension debt and contractual obligations are staggering. We as a community owe […]
THE VENTURA BUDGET CRUNCH [SEND IN THE CLOWNS] On January 24, 2009, at 8am the City of Ventura held a special meeting at the Police/ Fire Department community room with the full City Council to discuss the city budget. This “public hearing” was on a Saturday and was not televised. The usual coterie was present. […]