* The SJ Mercury editorial today chides the CA Democrats budget proposal. The
Democrats would spend billions more on education and offer the poor more welfare and health care than the governor would. Most notably, in response to the governor's refrain of ``live within our means,'' the Democrats would instead turn to people of means by raising taxes on the wealthiest households.
Regarding closing the budget deficit,
The ongoing problem with the budget is that spending is often driven by formulas that adjust for inflation and population growth. Revenues are not driven by those formulas, so spending outpaces them. The Democrats, by spending most of what they want to raise, and by using one-time funds for ongoing programs, are not making headway in closing the gap.
* The stock market fairly flat today. I think we're still in the monthly-strength period, but after this we'll have to watch and see if some worry enters the market over higher energy prices, earnings warnings, etc. It'd probably be healthy to consolidate the gains and rebuild the wall of worry for the next ramp higher.
* UN goofball Kofi Annan says that "AIDS is outrunning global efforts to stop it." Yeah, hard to imagine stopping it. I don't see a big effort by folks to curb their risky behavior. It's still spreading like crazy among prostitutes, drug users, and homosexuals. The meek shall inherit the earth.
* Too much TV on DVD? Well, I did buy Buffy the Vampire Slayer. I think they're rushing the shows out now before HD DVD comes out. That way, they can sell the same shows twice.
* Adios, Phoenix Suns. Break out the golf clubs.
* Fantasy Sports Update: Jamal Lewis released from prison. Hey, I wonder if it's possible to build an "all prison team" in fantasy football? You could name your team "The Longest Yard" to be clever.
* Is the market up now? Geez, it's taking me awhile to post this.
* Lunch run. Uh, I'm thinking Mexican. Maybe a fish taco.
Thursday, June 02, 2005
Adios, Phoenix Suns
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