Author: Katy Grimes
Katy Grimes, the Editor in Chief of the California Globe, is a long-time Investigative Journalist covering the California State Capitol, and the co-author of California's War Against Donald Trump: Who Wins? Who Loses?
Proposed Settlements From Bondholders and Shareholders in PG&E Bankruptcy
PG&E Corporation announced late Friday a proposed agreement to resolve all claims and pay wildfire victims of the 2018 Camp Fire in Paradise, and the October 2017 wine country fires in Northern California. The deal is expected to boost the...
Gov. Newsom’s Climate Change Executive Order Looting Road Funds Short on Details, Long on ‘Social Investing’
‘There’s a growing understanding that climate change is a material risk to investors and companies just like cyber-terrorism or inflation.’ Recently California Gov. Gavin Newsom signed an Executive Order authorizing the looting of voter-approved gas tax funding for road repairs...
CA Commercial Property Owners Facing Pervasive Tax Increases if Prop. 13 Split Roll Initiative Passes
‘California’s assessable property is now worth $6.5 trillion with just last year’s increase resulting in $75 billion in revenue.’ Despite California’s record budget surplus of $7 billion in reserves, the Proposition 13 “split roll” property tax ballot initiative could...
California’s Sen. Kamala Harris Drops Out of Presidential Race
U.S. Senator and Presidential hopeful Kamala Harris announced Tuesday she was dropping out of the race after months of low polling numbers. Her announcement came on the heels of California Gov. Gavin Newsom’s Monday announcement that he was planning on...
Local Sacramento Politicians Propose 40-Year Climate Change Sales Tax
‘Only talking about roads is a bygone era and we have to evolve beyond that.’ A group of city and county politicians is working on a November 2020 ballot measure to increase the local sales tax another half cent,...
Kamala Harris’ Lackluster Presidential Campaign is Deteriorating
The New York Times is the latest to drop a brutal story on the downward trajectory of Sen. Kamala Harris’s lackluster presidential campaign. attempted to inject some new life into it with a personnel change. The story quotes from the...