[courtesy of The California Majority Report]

Governor Schwarzenegger now faces a test on how serious he is about global warming, according to the Sacramento Bee. If Arnold does not find a reliablerevenue source for the state's new emissions standards, it essentiallybecomes an unfunded mandate. And all of the magazine covers andspeeches and carbon-offsets will not make the Governor anenvironmentalist unless he gets real about the cost.

The fight over gay marriage in California has reached the state Supreme Court, a good sign for advocates,  the San Francisco Chronicle reports. Butwith rapid shifts in public opinion toward greater gay rights, thecourt of public opinion may be the best approach to this delicate issue.

Democratic colleagues and friends—and even some Republicans—are singing the praises of Speaker-elect Karen Bass, who has devoted her political life to often-ignored causes such asfoster care, the Los Angeles Times reports. Bass is ready to lead—andit's a shame she only has two years to do the job before being termedout.

There's more...

Photo courtesy of commondreams

by Be_Devine [courtesy of Calitics - Front Page]

The lead story on the SF Chronicle's website is an article singing the praises of California Real Estate blogger Patrick Killelea who runs the site Reality Parser.

The gist of the article is how smart Killelea is because he saw the burst of the California housing bubble coming.  Nevermind the fact that his prediction was eight years too early.  In fact, he was so smart that he didn't buy a house in Berkeley in 1999 because the market was just too overpriced.

How smart was Chicken Little's decision?  Read the flip

The article describes how smart Killelea was by not buying a house at the height of the dot-com bubble:

In 1999, he and his wife tried to buy a house in Berkeley at the height of both the dot-com bubble and housing mania.

"It all felt rigged," he said. "Everything was set up to get me to overbid and not do an inspection; basically throw caution to the wind. It just felt really wrong. I felt like a sheep among wolves."

read more »