bankruptcy Archive


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  • . . . In a victory for democracy and Westminster itself, a victory against the fear-mongering and mendacious propaganda put out by the OC Tax Association, the Council voted 4-1 […]

    Victory in Westminster – so far!

    . . . In a victory for democracy and Westminster itself, a victory against the fear-mongering and mendacious propaganda put out by the OC Tax Association, the Council voted 4-1 […]

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  • . . . I have been assured that California’s Board of Equalization does SOMETHING or other, even though some of the smartest political observers of the state seem at a […]

    The Harkey Files: South County’s Rabid Wolverine encounters some setbacks.

    . . . I have been assured that California’s Board of Equalization does SOMETHING or other, even though some of the smartest political observers of the state seem at a […]

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  • Damn, this county has been run badly these last few years.  I mean, hell’s bells.  Who’s been in charge?  Are they asleep at the switch?  That would be our County […]

    A complete MAUK-ery: The Misrule of Orange County’s CEO.

    Damn, this county has been run badly these last few years.  I mean, hell’s bells.  Who’s been in charge?  Are they asleep at the switch?  That would be our County […]

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  • , , , Imagine that you are sitting on the Board of Directors of a large corporation, making policy decisions for the CEO and staff to carry out. Your organization […]

    Moorlach Should be Embarrassed, Censured

    , , , Imagine that you are sitting on the Board of Directors of a large corporation, making policy decisions for the CEO and staff to carry out. Your organization […]

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  • . . . . Given the shitstorm coming down the pike for the various insiders implicated in the attempted Great Swindle of the Orange County Fairgrounds, we figure it’s time […]

    Who is Dave Ellis? A Portrait of our Fair Board Chairman.

    . . . . Given the shitstorm coming down the pike for the various insiders implicated in the attempted Great Swindle of the Orange County Fairgrounds, we figure it’s time […]

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  • . As you may remember, last we left our heroine Costa Mesa Councilwoman Wendy Leece, she was still undecided on how she would vote Tuesday night – whether to accept […]

    Wendy Leece defies OC GOP Stalinism. Also, Atlas PAC? Hypocritical douchebags. Oh, the layers of irony.

    . As you may remember, last we left our heroine Costa Mesa Councilwoman Wendy Leece, she was still undecided on how she would vote Tuesday night – whether to accept […]

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  • Two current examples come to mind that may telegraph corporate liability so massive that questions are being asked about whether the corporations in question can survive. First there is BP. […]

    Can Corporations Survive Their Own Malfeasance?

    Two current examples come to mind that may telegraph corporate liability so massive that questions are being asked about whether the corporations in question can survive. First there is BP. […]

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  • Posts on this blog have previously reported that Freedom Communications, the parent company of the Orange County Register and numerous newspapers and television stations around the country, had filed for […]

    Register owner reaches deal with creditors in bankruptcy

    Posts on this blog have previously reported that Freedom Communications, the parent company of the Orange County Register and numerous newspapers and television stations around the country, had filed for […]

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  • Willie Brown is calling for an "honest dialogue" on California's public employee unions.  Brown, the former San Francisco mayor and longtime Speaker of the California Assembly, has pointed out the obvious - that our civil servants now "[run] the show" in California.  They have "job security for life" and "pushed by our friends in labor, gradually expanded pay and benefits to private-sector levels while keeping the job protections and layering on incredibly generous retirement packages that pay ex-workers almost as much as current workers".  Standing against them, says Brown, is "politically unpopular and potentially even career suicide for most officeholders".

    Willie Brown: State of the Unions

    Willie Brown is calling for an "honest dialogue" on California's public employee unions. Brown, the former San Francisco mayor and longtime Speaker of the California Assembly, has pointed out the obvious - that our civil servants now "[run] the show" in California. They have "job security for life" and "pushed by our friends in labor, gradually expanded pay and benefits to private-sector levels while keeping the job protections and layering on incredibly generous retirement packages that pay ex-workers almost as much as current workers". Standing against them, says Brown, is "politically unpopular and potentially even career suicide for most officeholders".

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  • California, in the (appropriate) person of Governor Schwarzenegger, has gone crawling to Washington to beg for handouts.  This is a bad idea because it is no long-term solution and federal money comes with strings attached.  Washington, like Mr. Potter, the avaricious banker in Frank Capra’s It’s a Wonderful Life, cares only for its ambition to own and control everything and everyone.  There is another solution - debt  restructuring (“bankruptcy”).

    California’s Nuclear Option

    California, in the (appropriate) person of Governor Schwarzenegger, has gone crawling to Washington to beg for handouts. This is a bad idea because it is no long-term solution and federal money comes with strings attached. Washington, like Mr. Potter, the avaricious banker in Frank Capra’s It’s a Wonderful Life, cares only for its ambition to own and control everything and everyone. There is another solution - debt restructuring (“bankruptcy”).

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  • So now, the Leftists propose to ADD 3 million 55 and older to Medicare, 3 million being the rough number of uninsured in that age group. Gone are the dogmatic […]

    Lipstick on the Bankrupt Pig

    So now, the Leftists propose to ADD 3 million 55 and older to Medicare, 3 million being the rough number of uninsured in that age group. Gone are the dogmatic […]

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  • . . . And it’s true, a million bankruptcies a year with a side order of death and malaise, that’s the wonderful system that our Terrys and Larrys cling to […]

    Senator Franken schools corporate lackey dilettante

    . . . And it’s true, a million bankruptcies a year with a side order of death and malaise, that’s the wonderful system that our Terrys and Larrys cling to […]

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  • There is considerable hype coming from Washington and Wall Street that the worst of the so-called recession is over, and recovery has begun. However, others dispute such views as a […]

    CIT Group files the latest big bankruptcy

    There is considerable hype coming from Washington and Wall Street that the worst of the so-called recession is over, and recovery has begun. However, others dispute such views as a […]

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  • In my post of October 3 (“Is the OC Register trying to shift its retirement costs to taxpayers?”) I wrote about the irony of The Register’s parent company, Freedom Communications, […]

    O.C. Register’s parent won’t share its porno

    In my post of October 3 (“Is the OC Register trying to shift its retirement costs to taxpayers?”) I wrote about the irony of The Register’s parent company, Freedom Communications, […]

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