Posted on 07/13/2004 6:27:10 PM PDT by NormsRevenge
STANFORD, Calif. (AP) - Still locked in a stalemate with legislators over a state budget, Gov. Arnold Schwarzenegger was scheduled to deliver a private speech Wednesday at the Hoover Institution, the Stanford University think tank he turned to as a candidate to help shape his economic vision and budget plans. Schwarzenegger was to be the keynote speaker at an annual meeting of Hoover's board of overseers, as well as about 1,000 Stanford community members and their guests. But despite being embroiled in a high-stakes showdown with legislators over the state budget - specifically, how to fund state and local governments - the event was to be closed to press coverage.
"It's a 'by invitation only' event, and the conversation is off the record," said Hoover spokeswoman Michele Horaney.
Founded in 1919, the Hoover Institution favors conservative free market economic principles, including tax cuts and limited government intervention. Hoover came to prominence under President Ronald Reagan, when Nobel Prize-winning economist Milton Friedman and other Hoover researchers helped craft the administration's "supply side" economic theories.
Hoover scholars also helped President George W. Bush develop his economic plans, including two major income tax cuts.
During last fall's recall campaign, Schwarzenegger tapped several Hoover scholars to be members of his Economic Recovery Team, including Michael Boskin, President George H.W. Bush's economic adviser; George Shultz, a former secretary of the treasury and state; and John Cogan, a former assistant secretary at the U.S. Department of Labor.
Two weeks after missing a state deadline to produce a budget, Schwarzenegger's advisers "just decided to keep (the Hoover speech) closed, like a fund-raiser," spokesman Rob Stutzman said.
I wonder how many FReepers voted for Prop 58?
I voted against both of them. I wanted a real spending cap, modeled after Colorado's TABOR. We badly need to place one on the ballot.
>>I wonder how many FReepers voted for Prop 58?
Too Many!
If truth in advertising applied to the California Recovery Team, they wouldn't have been able to so grossy misrepresent both Prop 57 and Prop 58. Phrases like "spending cap", "cut up the credit cards", "never again", "required to avoid bankruptcy", etc. would never have been used. Without the distortions and scare tactics, it would have failed... and the state would be better off. Now, we're right where we were, but instead of the existing debt at the time (about $7 billion), we're stuck with a $15 billion bond.... and still borrowing! Grrrrr... YOU don't mean to make me irate... the actions make me irate. /rant off
I already got chewed out for pingin one of my good FRiends to one of his articles just the other day on the same subject. One really hasta be careful or it'll be hasta la vista, baby!!! (grin)
Alla that there formul edyewkayshun ain't nessessary fur sumwun hoo nos how ta wurkout an make moovies wif Jesse "da body" Ventura! Long live da WWF an Meester Yoonivurse... Da dynamic duo of Guvernators!!!
How 'bout dat, lewislynn? Kin ya unnerstan anya dat???
What is this... a goose chase? A link to a link to a link? LOL. You were referring to the following, right?
Dan Walters: Governor finds Hollywood's ways don't work at Capitol
Actually, I followed that link earlier... no surprises in that article, except to those who want to keep their heads in the sand. I think the column hits it right on target, and the sooner folks become aware of it, the better, IMO.
Excerpt:
In Hollywood, everyone is always pitching something (Schwarzenegger calls himself a "salesman by nature"), everyone always talks in positive superlatives, and no one believes anyone. The Hollywood practice is to leave the real work to lawyers, who draft jillion-page contracts.The Capitol operates on a different model. Call it honor among thieves, but the Capitol credo is that one promises only what he is capable of delivering, and handshake deals are honored as if engraved in stone. The building simply cannot function any other way because there's not enough time to have everything lawyered to death.
Schwarzenegger is headed for even more trouble if he persists in acting like a movie star rather than the state's top political executive.
Fantastic!
Ezekiel saw dem wheels within wheels, don'tcha know. He also seen dem "Dry Bones!" (tailbone connected to da headbone...)
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