Kersten Communications

The State of California faces an unprecedented $20 billion cash shortage between this July and October and has requested that the federal government extend its “Troubled Asset Relief Program” (TARP) assistance to the state to allow the state to draw down $20 billion in short-term borrowing from private investors.

Kersten Communications has produced a brief analysis of the situation and the state’s options, titled “California Requests Federal Bailout

Kersten Communications (KC) is please to deliver to you the April editition of our monthly E-newsletter “Fiscal Focus.”

With one month left until the May 19th special election, polling shows that the centerpiece of the deficit-reduction package, Proposition 1A, to be trailing badly and likely to fail barring an unforseen miracle in electioneering.

Kersten Communications has produced a brief analysis, “Proposition 1A Doomed From the Beginning,” which… Read More...