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It's Always Brightest Before the Puke

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<h2 class="post-title">Setting A Trap- Professional Edition</h2>

by Lee Adler, Tuesday, July 21, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit The market took another stutter step toward short term and intermediate price projections just above current levels. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

 

If the bulls keep this winning streak for a little longer and close above 956/958 there's a good chance Bears will have to go back to working the pole to earn some coin.

 

 

[flash=425,345]http://www.youtube.com/watch?v=6UeCRY1wciA.swf

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obviously you haven't used an iphone for any amount of time.

 

Those other phones are nice, but the iPhone has a number of features that aren't replicated anywhere else. and the iphone is marketed in several countries. A Chinese iphone is next.

 

It's evident that Swordfish isn't acquainted with the Beer add on for this appliance.

 

[flash=425,345]http://www.youtube.com/watch?v=8b9PH55EtJI.swf

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the new CA budget agreement might already be in trouble. Counties and cities are talking lawsuits to restore the money that Sacramento is going to steal from them.

 

Hoo boy this is going to get ugly, especially when the budget gap widens again and real cuts are required.

 

The beast isn't going to go down without a massive fight.

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The Los Angeles County Board of Supervisors voted to sue state lawmakers if they pursue plans to seize local redevelopment and highway taxes to cover the state budget deficit. Other local governments are expected to take similar actions to prevent major cuts proposed in the budget deal reached last night.

 

This morning, Supervisors Don Knabe and Zev Yaroslavsky proposed that county counsel sue to block any effort by the state to illegally withhold gas taxes or extend redevelopment projects, effectively redirecting taxes from the county to the state.

 

All of the supervisors approved the proposal except Supervisor Mark Ridley-Thomas, who was absent. “You’d think they’d be making better decisions than this,” Supervisor Gloria Molina said.

 

If the county sues to block the state from extending redevelopment projects, it will likely trigger a provision in the proposed legislation that allows the state to take $301 million in county Proposition 1A funds.

 

LA Times Source

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LOS ANGELES, July 21 (Reuters) - The day-old pact among California leaders to close the state's $26.3 billion budget gap came under fire on Tuesday as county and city governments threatened to sue to block a plan to seize local tax revenues as part of the deal.

 

City and council officials vowed to seek a court order barring the proposed diversion of $2 billion from local redevelopment agencies and $1.7 billion in highway tax collections into state coffers to help close the budget deficit.

 

Opponents argue that such moves are illegal because the state is prohibited under its constitution from grabbing revenues raised at the local level or earmarked specifically for county and municipal purposes.

 

They cited a recent state appeals court ruling that a similar diversion of $740 million in local public transit funds last year was unconstitutional.

 

Rooters Story

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