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To: Angelique
Davis and Connell have a prickly relationship, and she sticks a knife in him from time to time. Which isn't to say that that's what she's doing here. Her office has a duty to apprise the state of its fiscal condition. The Davis budget is smoke and mirrors. It defers the state's contribution to the public employee retirement fund, borrows from various places with the promise to repay over decades, and on and on. Even with all of the chicanery, the only way he got it to balance was by an optimistic forecast for future tax revenues that no one else in state government is buying into. By the time it becomes obvious that there's going to be a shortfall, he hopes to be safely reelected.
30 posted on 01/24/2002 8:25:32 AM PST by John Jorsett
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To: John Jorsett
Thanks for the info on the Connell/Davis relationship. I still can't get over the fact that he once our Controller. Since I will be returning to CA, I would like to know, is there any hope for Simon at all?
33 posted on 01/24/2002 9:38:28 AM PST by Angelique
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