About the Author

Richard Cochrane is trained in chemistry and metallurgy but is far more interested and practiced as a political and fund raising consultant, writer and amateur historian. He grew up in a Navy family and with his two younger brothers carried on its 500+ year tradition of naval service to Great Britain and the USA then enjoyed a career with one of the largest advertising and public relations agencies working with numerous Fortune 500 companies and many of America's premier educational institutions. He maintains friendships and acquaintanceships around the world. He lives in Santa Barbara, California.

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Golden State Turns To Tin.

February 12th, 2008 • Richard Cochrane

Days of wine and rosesCalifornia tax revenues are continuing to run below budget projections, Controller
John Chiang reported Friday, thus underscoring the state’s twin deficit and cash flow crises. Many project the deficit is far above the $14.5 billion announced and some believe it will exceed $20 billion and maybe much more. This is a fiscal crisis of record proportions.

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