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California Fiscal State of Emergency & "The Bondage Of Bonds" A Full Disclosure Network® Special Cable TV and Internet Series (Preview 3 min)

Los Angeles, CA (PRWEB) December 17, 2007 -- The Full Disclosure Network® is releasing a three minute video preview of a special series of News Videos examining the use of non-voter approved and voter approved government Bonds in California over the last decade. The Bond series is entitled "The Bondage of Bonds.....The Taxpayers Burden" featuring government officials and experts directly involved in the issuance, expenditure and oversight of billions in government indebtedness. Available for viewing at the URL: http://www.fulldisclosure.net/Blogs/commercial-bondbondage.php Also available on DVD

State of Emergency: California Fiscal Crisis

The release of this series on DVD coincides with the Friday, December 14, 2007 announcement where it was revealed by California Governor Arnold Schwarzenegger that a "fiscal state of emergency" will be declared in January 2008 due to the following :

* A dramatic escalation in the budget deficit of 40 % or $14 billion over previous projections by economists just a few weeks ago.

* Associated Press reported state spending has also increased by 40% since Schwarzenegger took office in 2004.

Also, the Reason Foundation and California Debt Advisory Board, has reported that California bonded indebtedness has dramatically increased during the first part of this decade.

The Full Disclosure Network® series "reveals how state and local government raise and spend Billions of Bond Dollars." Here is a listing of videos on Bond issues featured on cable TV and the Full Disclosure® Website as a public service. The entire collection on Bonds is available on DVD.

* Secret School Bonds Create Billions in Debt

* Mysterious School Financing Revealed

* Budget Buster Bond Defended

* Bond Brokers Bilk Taxpayers for Billions

* News Blackout On School Bond Vote

* Auditors Speak Out on Lack of Prosecution

* Voters Fooled by Bogus Bonds

* Bonds: Government's Credit Card

Officials and experts appearing in the video collection are:

* Senator Don Perata California Senate President Pro-Tem

* David Tokofsky, LAUSD Board Member

* Kathleen Connell, California State Controller (1995-2004)

* Don Mullinax, former Inspector General L.A. Unified School District

* B. Scott Minerd, CEO Guggenheim Partners, Asset Management

* Edwin Meese, III, Former U. S. Attorney General & Chief of Staff Governor Reagan

* Jon Coupal, President Howard Jarvis Taxpayers Association

* James Mc Nulty, Chairman of the Board, Parsons Corporation

* Dr. Adrian Moore, V.P. Research of the Reason Foundation

* Keith Richman, Former, Legislator & Pres. Calif. Foundation for Fiscal Responsibility

* Carl DeMaio, President Performance Institute

* Jerry Thornton, Inspector General Los Angeles Unified School District

Known as THE NEWS BEHIND THE NEWS Full Disclosure Network® cable television programs are featured on 45 cable systems and the Internet since 1992 and produced by host Leslie Dutton and Producer T. J. Johnston. In 2002 the Full Disclosure® special series L. A.'s WAR AGAINST TERRORISM was recognized by the Academy of Television Arts & Sciences with a local Emmy Award for public affairs, informational series. Channels and air times can be found on the website at http://www.fulldisclosure.net/

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