Local Transit Increase

January 28, 2009

Despite gas price drop, transit figures soar

BY MIKE ROSENBERG

( I tried to upload this article but the PA Daily News does not copy well… ) Point is that with gas prices down ridership has increased ..


DAILY NEWS STAFF WRITER

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SacBee Daily Update

January 27, 2009

January 27, 2009
AM Alert: The budget pie

The budget negotiations continue, with yet another Big Five negotiating session scheduled for today.

Meanwhile, environmentalists will hold a teleconference today to blast legislative Republicans for what they say are closed-door budget demands over environmental rules they wanted eased in order to support tax hikes.

“It is one thing to have an honest debate about taxes and spending,” said Paul Mason of Sierra Club California in a prepared statement. “But to bargain away the lives of Californians and the legacy of the California landscape is a dishonest political game that threatens this administration’s international reputation and the lives of thousands of Californians.”

Is that all?

In non-budget news, Sen. Ellen Corbett will wade into the politics of car buying, announcing new legislation today that she’s calling the “California Car Buyers Protection Act.”

The San Leandro Democrat will unveil the legislation alongside some consumer advocates in a Capitol press conference this morning.

State Superintendent of Public Instruction Jack O’Connell will brief the media on what the impact of the federal stimulus package making its way through Congress could be on California’s public schools. Read the rest of this entry »

Feds’ stimulus plan could set stage for California budget deal

Dan WaltersThe economic stimulus plan being written by President Barack Obama and Congress could cover a third of California’s projected budget deficit and give Gov. Arnold Schwarzenegger and state legislators a way out of their political dilemma – but the governor says it would be foolish to count on it.

Not as bad as I frst reported two weeks ago from contact in Sacramento, but not good. especially if we can’t find a bottom.

Record staff writer
January 26, 2009 6:00 AM

The state Legislative Analyst’s Office on Thursday released a report – in part a response to Gov. Arnold Schwarzenegger’s plan to cut spending on social services by about $3 billion – that details alternate spending proposals for programs that help poor, disabled and other needy Californians.

According to the analyst, the proposals offer more modest savings than the governor’s but could be less detrimental to people – including thousands in San Joaquin County – who rely on a range of public services.

Statewide, their numbers could grow as the economy continues to falter.

California currently spends more than $10 billion a year on cash aid to the disabled and poor, on child care and other services related to the state welfare-to-work program, and on home care for low-income seniors and residents with disabilities.

» CalWORKs: The governor proposes reducing the amount of welfare assistance families receive each month and limiting the amount of child-care assistance available. The administration also would limit to five years the amount of time children can receive welfare payments if their parents don’t meet work requirements. Currently, children continue receiving welfare benefits even if their parents lose them as part of a “safety-net” program. The Analyst’s Office supports reduced welfare payments, suggesting that families’ lost state aid would be partially offset by the federal food stamp program. But instead of halting all children’s benefits after five years, the office suggests modifying the safety-net program so that parents who aren’t working would be required to complete at least 20 hours of community service per week in their counties in order for their children to continue getting aid. Read the rest of this entry »

Green Jobs Working

January 27, 2009

Study: California green tech investment, patents, jobs jump

Sacramento Business Journal

Despite slowing in overall venture capital investment, clean technology investment in California hit an all-time high in 2008 of $3.3 billion, increasing nearly $1.5 billion over 2007 and over seven times total clean tech investment in 2005, according to a report issued Monday.

The 2009 “California Green Innovation Index” said green tech venture capital investment nearly doubled in one year, capturing 57 percent of the national total. The Bay Area and Los Angeles together accounted for more than 20 percent of the nation’s hybrid vehicle registrations in 2007, the report added.

“As the country moves quickly to put an economic stimulus package in place, California’s experience with energy efficiency and clean technology is instructive,” said F. Noel Perry, venture capitalist and founder of the nonpartisan, nonprofit Next 10. “If California had not moved as forcefully to decrease energy consumption over the last three decades, we would be in a much more precarious economic position right now. Imagine where the country could be if it were as efficient as California.”

The 2009 California Green Innovation Index, an initiative from Next 10 and authored by Collaborative Economics, is designed to track key economic, energy and environmental indicators. Read the rest of this entry »

JOB CREATION AND ECONOMIC STIMULATION PROPOSAL:

“The New America Entrepreneur Fund”

Creating a Culture of Creativity and Innovation-Back to basics, the way America was Built

CONCEPT:

Federal Investing in American start-up companies that create technology, innovation and employment

BACKGROUND:

In the past, American entrepreneurial efforts have been funded by family, friends, Angel Investors and Venture Capitalist (VCs).  These investors have enabled the growth and expansion of new idea’s, technologies and companies that have changed the landscape of business worldwide. Examples of business that have benefited from the support of early investors are: NCR, GE, Ford, IBM, RCA, HP, Motorola, Fairchild, Intel, Oracle, and Yahoo.

With the economy in its current state, this type of investor support is nearly non-existent. This not only wipes out the entrepreneurial spirit that our country was founded upon and has thrived upon but also raises the question of how does our nation step up to the current economic crisis given the shortage of investors?  How does our nation sustain and grow an economy when cutting edge, knowledge jobs and meaningful employment are becoming extinct? How does this nation re-create the hope the entrepreneurial spirit has so steadfastly inspired in times past?

In the 1930’s Roosevelt implemented the WPA with the intention of stimulating the depressed economy, strengthening our nation’s infrastructure, and creating lasting skilled jobs.   While the WPA did not accomplish these goals alone, it was a vital part of the Roosevelt plan.  When determining how to revitalize today’s economy it is imperative that we look at our nation’s history, understand where we have missed the mark and identify how we can keep jobs, skills, knowledge creation, creativity and INNOVATION here in the US.

CURRENT ENVIRONMENT:

Currently, as mentioned above, start-up capital is no longer available through the traditional channels of family, friends, Angel Investors and VC’s because the easy path to liquidity no longer exists.  Americans have become accustomed to the easy cash and easy ROI of the past decade generated by financial speculation, real-estate and other types of financial instruments.  Our nation’s new economy causes hesitancy in making early “start up” investments.  This hesitancy may help “right” the economy, but long term it is not the path that will create the technology, the skill, the jobs or the companies that will take our nation back to economic prosperity.
Read the rest of this entry »

Forwarded to us from: Linda T. Alepin <lalepin@gmail.com>

I just wanted to make sure you check out NGC’s blog on Obama’s service website, USAservice.org. We are excited and honored by this incredible opportunity! Check out the blog at <http://usaservice.org/blog/entry/the_power_of_a_generation>


Jennifer Vollmann
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New Global Citizens
4201 North 16th Street, Suite 205
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p: 602.263.0500 x28
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www.newglobalcitizens.org