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Katy Grimes

California Blue Wave: Will it Lead to Insolvency Faster?

The midterm elections have turned out as most observers expected, nationally, statewide, and in Sacramento. By historical standards, nationally, the Democrats underperformed and lost a number of high-profile races. There was no Blue Wave – more like a blue ripple.

However, California is another story, remaining as blue as can be, and headed right into insolvency. In the contest for governor, California voters chose Democratic politician Gavin Newsom over Republican businessman John Cox, who is not a politician.

California goes ‘Full Nuthouse’ as my friendLeslie EastmanRead More

Katy Grimes

Part ll: Why CA Water Bonds on June/Nov Ballots Need To go Down In Flames

Droughts are naturally occurring; water shortages are political and caused by corrupt and incompetent government officials.

Part l:Why Voters Need to Care About More Water Bonds on June/Nov CA Ballotsis HERE

With millions of dollars of unspent water bond money from 2006 and 2014 water bonds, why is there yet another a water bond on today’s June Primary ballot, and another on the November ballot?

The answers lie in the players behind nearly all of the water bonds.

Voters need to ask why Joseph Caves, Gerald Meral and Lester Snow have had their hands in virtually every bond measure dealingRead More

Katy Grimes

Why Voters Need to Care About More Water Bonds on June/Nov CA Ballots

UPDATE: Droughts are naturally occurring; water shortages are government-created and political. Examples of this can be found in every water bond in recent history, put on the ballot by politicians, and passed by emotional voters.

California voters will be facing two more ballot initiatives claiming to be water bonds this year, totaling $13 billion. But the overall cost will be much higher for taxpayers. One water bond is on the June 5 ballot and a second one is on the November 6 ballot.

The most recent 2014 Proposition 1 water bond funding has not even been fully spent, and will not be spent by the end of 2018,… Read More

Katy Grimes

Part ll: California’s Political Water Scams Back on Ballot: Caves, Meral, DeLeon and Garcia Coordinating and Still Logrolling

Gerald Meral’s Back…With a New Ballot Initiative…and a New Associate.

In Part l, it was revealed thatGerald (Jerry) Meral, and Joseph Caves (Tom Steyer’s Proposition 65 money man) both submitted proposition language for water bond ballot initiatives a couple of weeks apart, in July 2017. The two initiatives are remarkably similar — even have the same wording in numerous places — and suggest coordination to ensure passage of one or the other. Meral’s ballot initiative would raise $8.4 billion, while Cave’s is for $8 billion, according to the state’s Office of the Legislative Analyst.The LAO offers modest fiscal analysis but did acknowledge it will take $17.3 billion to pay off principal ($8.9 billion) and interest ($8.4 billion) on bonds over a 40-year… Read More