Thursday, February 13, 2020

Notations From the Grid (Thursday Edition): #RandomThoughts On Our World









We begin with the Democratic Primary.    Bernie Sanders won New Hampshire and the race has turned into a three-person contest going into Super Tuesday with Pete Buttegig and Amy Klobuchar very much in the running.    The team at Counterpoint released a depiction of Mike Bloomberg when he declared--and he is betting on Super Tuesday as he continues to spend heavily on political advertising   

Beyond the US National Political Scene, the business of governing continues.  The California Budget has been submitted to the California State Legislature by the Governor.   A snapshot of the budget presented by our local State Senator, Senator Pat Bates, is hereby noted with her observations--our team will continue to note this as the State Budget of 222 Billion Dollars works its way through the California Legislature: 

2020-21 State Budget pie chart of “Total State Funds” by spending category

Governor Newsom released his 2020-21 budget proposal on January 10thClick here to read my thoughts and click here to read highlights and analysis on the budget proposal.

This was also a week that President Trump presented his 2021 Budget to Congress.  An analysis presented by the National Alliance for the Homeless is hereby noted below:


President's Budget Proposal Released: What Funding Cuts Will Mean for Homelessness Systems


The President’s budget proposal for FY 2021 was released yesterday. While homelessness programs were spared the kinds of extreme budget cuts that other programs saw, there will be important work ahead to secure appropriate investments for homeless assistance. 

Some notable points from the budget proposal:

  • Homeless assistance funds for the U.S. Department of Housing and Urban Development are proposed to be cut by $4 million
  • Proposed 2.2% decrease in funding for Tenant-Based Rental Assistance (which funds Housing Choice Vouchers)
  • Changes and cuts to Medicaid that would make it more difficult for low-income people to get health care, including mental health treatment and addiction treatment

Read the Alliance's analysis of the proposed FY2021 budget >>>



We also wanted to provide updated guidance as we went to press as of Feburary 11 on the Corona Virus--as we also went to press, China had begun a purge of local officials as well as the battle or what the President Xi called "The People's War" has continued:






We conclude with Iran.   During the Tuesday Edition of Notations, we provided guidance on the latest out of Iran.    Iranian Government Officials were dealing with the aftermath of an Earthquake and a major Snowstorm in the North of the Country as it also tried to organize Parliamentary Elections.   This is as it touted the large turnout during the Anniversary of the Revolution as proof that the People had faith--The reality was otherwise as exemplified by this captured by a skydiver above Azadi Square in Tehran as Hassan Rouhani, The President, Spoke:













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