Archive for December 21st, 2010

SeekingAlpha: The Coming Municipal Bond Crisis

Meredith Whitney

By: Cullen Roche
December 20, 2010

The following segment on 60 Minutes yesterday evening is a must see. The segment covered the state and local funding crisis in the USA. Meredith Whitney was a special guest and predicted that the crisis would unfold in the “next 12 months”. Whitney says the states are susceptible to hundreds of billions in losses and local insolvencies could be widespread.

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InlandPolitics: Census2010: California no longer golden

Tuesday, December 21, 2010 – 09:45 p.m.

Well the official 2010 U.S. Census numbers are in.

For the first time in decades California’s representation in the U.S. House of Representatives and the Electoral College will remain unchanged.

Yes, apparently California really has become less attractive than in times past.

The big winner this time? The Lone Star State of Texas.

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(Click image to enlarge)

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11:21 PM PST on Monday, December 20, 2010

By ALICIA ROBINSON
The Press-Enterprise

A Riverside medical marijuana collective will be open to serve customers today, after an appeals court on Monday ruled the facility can operate while the city’s lawsuit to close it proceeds.

A lower court judge had granted an injunction to close the Inland Empire Patients Health and Wellness Center but stayed the order so the facility’s attorney could appeal.

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The Sun: Cinema plan under fire

Morris defends Regal negotiations
Josh Dulaney, Staff Writer
Posted: 12/20/2010 09:56:00 PM PST

SAN BERNARDINO – Officials are clashing with a business owner who is gathering opposition to what the city says is a key piece to downtown revitalization.

Ronald Rezek, who runs a logistics company, has written an open letter to the City Council calling the city’s efforts to lease a vacant cinema near Fourth and E streets to Regal Entertainment Group a “highly speculative and flawed downtown development plan” that will cost taxpayers millions.

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The Sun: Navarro claims officials broke law

Complaint filed against Colton school board
Ryan Hagen, Staff Writer
Posted: 12/20/2010 09:13:57 PM PST

An unannounced appearance by four Colton school board members at a Grand Terrace City Council meeting broke state law, alleges a complaint filed Monday with the county District Attorney’s Public Integrity Unit.

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DailyBulletin: Fighting cantina’s closure

Officials, officers in complaint
Sandra Emerson, Staff Writer
Created: 12/20/2010 10:08:45 PM PST

UPLAND – The property owners of the former Chronic Cantina building are preparing to re-file a federal complaint against the mayor, City Council and two members of the Upland Police Department.

The owners filed a complaint in U.S. District Court in April, but pulled the complaint in November to add allegations of racketeering, according to Robert Mills and his attorney, Jeffrey Willis.

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DailyBulletin: Claremont voters to fill 3 seats

A look ahead

Wes Woods II, Staff Writer
Created: 12/20/2010 10:08:45 PM PST

CLAREMONT- Eight candidates seeking three seats on the City Council will keep the attention of Claremont voters early in 2011.

The large number of candidates is the result of two of three incumbents – Peter Yao and Linda Elderkin -failing to file for re-election in the vote on March 8.

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DailyBulletin: LAWA eyeing private sector

New operator for ONT sought
Liset Marquez, Staff Writer
Created: 12/20/2010 10:08:50 PM PST

LOS ANGELES – Los Angeles World Airports officials said Monday they will look for private interests to possibly contract out the operation of LA/Ontario International Airport.

LAWA, which operates ONT, will solicit ideas from the private sector and other interested parties about managing the airport, said Stephen Martin, LAWA’s chief operating officer.

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DailyBulletin: Claremont defeated bond, won housing

Wes Woods II, Staff Writer
Created: 12/20/2010 10:08:48 PM PST

CLAREMONT – This city dealt with some contentious issues in 2010 including an affordable housing complex and a bond measure that provided for a David vs. Goliath matchup.

Among the top stories in 2010 in Claremont:

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