Thursday, November 08, 2012

Life in "Progress" State - California edition

They called it Paradise.
The place to be
They watched the hazy sun
Sinking in the sea

Democrats gained a two-thirds majority in the California Senate following Tuesday’s election, bringing them close to the ability to pass tax increases without the need for Republican votes.

However, Democratic Gov. Jerry Brown quickly cautioned that he already has pledged to take any further tax hikes to voters, as he did with the temporary tax increases that voters approved on Tuesday. And Democrat leaders in both the Senate and Assembly downplayed the idea that they would seek to further ratchet up tax rates.

It is the first time since 1965 that Democrats controlled a Senate supermajority, and the only time since California voters passed Proposition 13 in 1978, raising the legislative vote threshold to pass tax increases to two-thirds.

Another wager? How about what the unemployment rate in California will be duiring the next presidential election.

I'll take higher.

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