This in from California Congressman Ed Royce (R-Fullerton)…

The Federal government Must Get Out Of The Business Of Picking Winners And Losers Congressman Edward R. Royce Tuesday the House Financial Services Committee held a hearing on proposed legislation that would make whole local municipalities with failed investments in Lehman Brothers, an investment bank that filed for Chapter 11 bankruptcy last fall. Orange County’s Treasurer, Chriss Street testified.

By all accounts Lehman Brothers was and is today a failed… Read More

Capitol Alert has confirmed (they have the advantage of being IN the Capitol, not in Orange County) that this morning, as anticipated, Assembly Republican Leader Mike Villines has announced he is quitting his post.

But he didn’t announce that he is leaving today — but he is departing at the end of the month. That’s in just a few weeks, so no big deal, right?

Well, MAYBE.

To be honest, I am not really too caught up in whether the actual change in position happens now or in 24 days.

What I am focused on are two things — one very significant, and the other important, but not as significant (given the limited time window up Villines’ chosen date to step down).

The significant question, given the severity of the state’s fiscal crisis as a result of overspending, is from today forward, who is the point person for Assembly Republicans in providing leadership on this issue? If a… Read More

Third term Assemblyman Van Tran, a Republican from Orange County, yesterday announced that he was forming an exploratory committee to official look at running for Congress in California’s 47th District, currently represented by Democrat Loretta Sanchez.

I had an opportunity to sit down with Tran, and ask him some questions about this major decision in his life. Here is that interview…

FLASHREPORT PUBLISHER JON FLEISCHMAN INTERVIEWS ASSEMBLYMAN VAN TRAN

**There is more – click the link**

View Full Commentary… Read More

This morning at 9am, Assembly Republicans will enter into a special caucus meeting. The purpose? Apparently Central Coast Assemblyman Sam Blakeslee has put together the votes to become elected Assembly Republican Leader. This morning the current occupant of the job will announce that he is stepping aside (which is the politically correct way of saying that he was "let go" from his duties as leader).

Having had some time to absorb this turn of events, I thought I would make the following observations…

As FR readers know, the current leader, Michael Villines of the Central Valley, was one of the key architects behind a budget deal in February that ultimately gave California’s the largest tax increase in the history of any state. In addition, he along with former State Senate Republican Leader Dave Cogdill (as well as Governor Schwarzenegger and legislative Democrat leaders) concocted the Proposition 1A "toxic cocktail" — a measure that would apply "revenue smoothing" measures into state law, but also triggers, if it passes, an addition $16 billion in higher taxes for Californians. The campaign to pass 1A is… Read More

Third term Assemblyman Van Tran, a Republican from Orange County, yesterday announced that he was forming an exploratory committee to official look at running for Congress in California’s 47th District, currently represented by Democrat Loretta Sanchez. I had an opportunity to sit down with Tran, and ask him some questions about this major decision in his life. Here is that interview… FLASHREPORT PUBLISHER JON FLEISCHMAN INTERVIEWS ASSEMBLYMAN VAN TRAN

FlashReport (FR): Van, I’m glad that you could spend some time with the Flash Report… Read More

This just in from conservative Assemblyman Martin Garrick:

“I wanted to take a moment to relay some of my experiences with Sam Blakeslee and share why I am supporting him for Leader. Sam is someone that I have come to know to be a strong social conservative and fiscal hawk. I’ve pulled up Sam’s ratings and note that he enjoys perfect A ratings from Howard Jarvis Taxpayers Association, perfect A ratings from the National Rifle Association, he consistently scores among the highest with the California Manufacturers and Technology Association and the Chamber of Commerce, and received a 100 percent in the California ProLife Council’s most recent voter guide. I saw a report that Sam had voted for AB 32, and so I pulled up the vote tally on the bill. It confirmed that, in fact, Sam not only voted against AB 32, but I recall he gave quite an impassioned speech on the floor about why AB 32 was a bad bill. I know Mr. Blakeslee will be a … Read More

This morning the Senate Education Committee passed Mark Leno’s SB 572, legislation that will require the governor to declare every May 22 Harvey Milk Day. The bill specifies that school children should participate in activities commemorating the life of Harvey Milk during their school day. Those familiar with California politics will remember Harvey Milk as the San Francisco County Supervisor who was gunned down by a fellow supervisor following a political dispute. Earlier this year a biopic on Milk won several Academy Awards, thus bringing more attention to Leno’s controversial bill.

The fact that SB 572 is sailing through the legislature isn’t shocking. In fact, the bill passed the legislature last year and was justly vetoed by Governor Schwarzenegger who explained that Milk should be honored in the community where he had the most impact: San Francisco. The problem is the behavior of Republican turncoat Abel Maldonado during the hearing this morning.

My boss, Karen England,was testifying against the bill when Maldonado decided to go after… Read More

Apparently, the Assembly Republican Caucus is on the verge of ousting leader Mike Villines — perhaps as soon as a few hours — a course of action I strongly support.

It is embarrassing for our Assembly Republican Caucus to be headed by an individual who is criss-crossing the state proudly championing the largest state tax increase in American, and eroding what’s left of Republican credibility. not the stuff of which the Republican Party will be re-built.

The bad news is Assembly Republicans are apparently poised to replace Villines with their most liberal member: SamBlakeslee.

Here’s a run-down of Blakeslee’s philosophical profile:

He is one of five Assembly GOPers who has refused to take a position on Prop. 1A — which has become the political demarcation between those favoring true government reform and those unwilling to do more than feed the beast until they are termed out. A real profile in courage. Blakeslee earned a 43% rating … Read More