Update on North Korea and California Predicament

The youngest son of North Korea's leader visited China last week, all done secretly. Our president said today that we will not continue the pattern with North Korea where they can renege on the agreements after receiving aid. The energy is intensifying to allow enough pressure for a direction to be shown. All of the earth's inhabitants will be affected in some way by whatever the outcome is.

For over 20 years, California has missed the constitutional budget deadline and as a result has the lowest credit rating of all the U.S. states. With a projected $24.3B budget shortfall (each estimate has been too low), the money box is empty in less than 45 days. The difference now is we don't have the tax revenue to bridge the gap. I would not ever have imagine that the governor and legislature would be working on eliminating the welfare system. It is time for this state to come to terms in learning to live within fluctuating means, determined by where the cycle of the economy stands. Too many years have been spent by going 'full throttle,' regardless of the income, and making up the difference through debt. There is enough history to come up with a plan that will put this state on firmer ground, and that plan should include the repayment of the existing debt over time.