Archive for April 8th, 2011

Friday, April, 8, 2011 – 12:05 p.m.

The County of San Bernardino issued a statement late Friday morning addressing ongoing litigation related to the $102 million settlement with Colonies Partners L.P.

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InlandPolitics: Crude Oil continues run



Friday, April 8, 2011 – 12:30 p.m.
Last Updated: Friday, April 8, 2011 – 01:56 p.m.

Light Sweet Crude Oil closed near the $113 per barrel level Friday afternoon.

The benchmark price jumped $2.49 to settle at $112.79 per barrel on the New York Mercantile Exchange.

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Friday, April 8, 2011 – 09:07 a.m.

With gas prices moving towards the $5 per gallon range, readers are continuously looking for ways to save.

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InlandPolitics: Crude Oil driving stake in economy

Friday, April 8, 2011 – 08:35 a.m.

Energy prices continue to drive a stake in the U.S. and World economy.

The escalation in the price of Light Sweet Crude is making the spectre of another recession almost certain.

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Friday, April 8, 2011 – 07:40 a.m.
Last Modified: Friday, April 8, 2011 – 09:15 a.m.

The Board of Trustees of San Bernardino County’s pension fund voted 5-4 on Thursday to eliminate a general medical subsidy payment to its retirees.

A payment ranging from $115 to $230 per month.

Read the rest of this entry » Crude at $175? Oil traders stress test the future

By Javier Blas
Published: April 7 2011 09:39 | Last updated: April 7 2011 09:39

Oil at $175 a barrel; copper at $12,000 a tonne and corn at $10 a bushel. As commodity prices rally, the world’s largest trading houses have been busy ‘stress testing’ to be sure their finances can withstand a “super spike”.

The levels are not a forecast – indeed, executives tell me they do not expect such hefty prices – but do signal a “worse case scenario” for which oil, metals and food commodities traders need to prepare.

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10:26 PM PDT on Thursday, April 7, 2011

Washington Bureau

From its military installations to its recreation areas, Inland Southern California would feel the effect of a looming federal government shutdown and thousands of workers around the region would face indefinite furloughs amid already brutal economic times.

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By James Rufus Koren Staff Writer
Posted: 04/07/2011 05:38:12 PM PDT

Thousands of retired government workers will have to get by with less starting later this year, after the leaders of San Bernardino County’s retirement fund voted Thursday to end an account that has paid special benefits to retirees for more than a decade.

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10:00 PM PDT on Thursday, April 7, 2011

Sacramento Bureau

SACRAMENTO – Gov. Jerry Brown will join teachers and government officials at a Riverside school this morning, his first in a promised series of public appearances to drum up support for extending higher taxes to close a budget gap.

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10:00 PM PDT on Thursday, April 7, 2011

The Press-Enterprise

The Jurupa Valley City Council-elect Thursday night selected seven longtime community volunteers to work on planning the celebration that will usher in the new era of cityhood.

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By Mediha Fejzagic DiMartino, Staff Writer
Posted: 04/07/2011 09:10:19 PM PDT

If President Barack Obama and congressional leaders fail to reach a budget deal by today, the federal government will shut down at midnight.

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DailyBulletin: Upland co-conspirator still missing

By Sandra Emerson Staff Writer
Posted: 04/07/2011 06:19:17 PM PDT

UPLAND – The whereabouts are still unknown for a co-conspirator named in the indictment of former Upland Mayor John “JP” Pomierski, according to authorities.

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Early retirement, extended leave options available for teachers
April 07, 2011 5:08 PM
Natasha Lindstrom

VICTORVILLE • In hopes of saving money and bringing back laid-off teachers, the Victor Elementary School District has approved early retirement and resignation incentives and extended leaves of absence for current teachers.

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April 07, 2011 4:12 PM
From Staff Reports

SAN BERNARDINO • A Denver city and county elections chief has been named the new San Bernardino County Registrar of Voters, county officials announced Thursday.

Michael Scarpello will replace Kari Verjil, who left this county to serve as Riverside County’s Registrar.

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By Kevin Yamamura
Published: Friday, Apr. 8, 2011 – 12:00 am | Page 3A

With the budget stuck in neutral, Gov. Jerry Brown and lawmakers are leaving Sacramento to bolster their case for and against taxes.

The dueling roadshows reflect the fact that the parties remain at loggerheads after talks broke down last week. Facing a remaining $15.4 billion deficit, Brown is still seeking an election on taxes.

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LATimes: Dutton lectures Brown on the Inland Empire



On politics in the Golden State
April 7, 2011 | 6:02 pm

With talks at a standstill in Sacramento, Gov. Jerry Brown is taking the budget show on the road this weekend, beginning Friday at a meeting with education officials in Riverside.

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Politics Blog
Posted By: Joe Garofoli | April 07 2011 at 05:26 PM

Meg Whitman is back! And in a big way, as part of Double-Republican Comeback Tour. She’s one of only two keynoters at a conference Tuesday in Dallas that’s sponsored by the George W. Bush Institute on how to grow the economy.

Not only is this Meg’s first major speech since losing the California Guv race last fall, this is W’s first remarks on the economy as a former president.

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Published: Friday, Apr. 8, 2011 – 12:00 am | Page 3A

Gov. Jerry Brown turned 73 on Thursday, and in less than two weeks he will become the state’s oldest-ever sitting governor.

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The bills for enhanced pension benefits in Costa Mesa, San Bernardino and other cities and agencies are coming due. Drastic cuts and legal battles are just some of the consequences.

By Evan Halper and Catherine Saillant, Los Angeles Times
April 8, 2011

Scores of California government agencies continued to sweeten employee pension plans even after the state’s economy began collapsing into recession in 2008, a decision that is now haunting them as they struggle with deficits and deep budget cuts.

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LATimes: Cuts to Anthem’s rate hikes are not for everyone

Oversight of Anthem Blue Cross individual plans is split between two health insurance regulators. One group is getting a break on cost increases. The other is not.

By Duke Helfand, Los Angeles Times
April 8, 2011

Nearly 151,000 Anthem Blue Cross individual policyholders face rate hikes of as much as 26% on May 1, even though far more Anthem individual customers are getting a break this year.

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