Archive for July 18th, 2011

InlandPolitics: Bank of America stock tanks, falls below $10

Monday, July 18, 2011 – 10:40 a.m.

Bank of America, one of California’s largest lenders, is taking another hit today.

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InlandPolitics: Economy: Gold hits new record

$1,600

Monday, July 18, 2011 – 06:25 a.m.

Uncertainty about the economy, along with U.S. budget and debt issues, has spurred the price of gold to a new record of $1,600 this morning.

InlandPolitics: S.B. County pensions – $115,000 +

Monday, July 18, 2011 – 06:00 a.m.

The following is a list of recipients of San Bernardino County retirees receiving annual pension payments in the amount of $115,000 and greater.

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10:00 PM PDT on Sunday, July 17, 2011

By DUANE W. GANG
The Press-Enterprise

San Bernardino County supervisors wanting to reduce future retirement costs may have difficulty changing the system on their own, county officials and a leading pension reform advocate said.

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10:00 PM PDT on Sunday, July 17, 2011

By DUANE W. GANG
The Press-Enterprise

Service Employees International Union Local 721 has won an injunction against Riverside County, preventing the involuntary transfer of its chief labor negotiator.

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The Sun: Felon profits from SBIA

Agency happy with results
Josh Dulaney, Staff Writer
Posted: 07/17/2011 11:04:20 PM PDT

SAN BERNARDINO – A developer who was banned from the aviation industry has received millions of dollars for projects at San Bernardino International Airport, according to a Grand Jury report.

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Joe Nelson, Staff Writer
Posted: 07/17/2011 11:03:17 PM PDT

A pretrial hearing for San Bernardino County Supervisor Neil Derry will likely be delayed because Derry’s attorney will ask that a judge from another jurisdiction preside over the hearing.

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10:00 PM PDT on Sunday, July 17, 2011

By DARRELL R. SANTSCHI
The Press-Enterprise

A developer and his consultants painted a loosely defined landscape of hiking trails, parks, open space, at least one school and as many as 4,000 houses in easternmost Highland last week to City Council and Planning Commission members.

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DailyBulletin: Election season returns

Filing period begins today for school district, council races
Canan Tasci, Staff Writer
Posted: 07/17/2011 09:08:35 PM PDT

The election season is right around the corner for several local school districts and community colleges and one city council.

The filing period for the Nov.8 election starts today and ends at 5 p.m. Aug. 12.

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DailyBulletin: Redistricting redux

Panel skips 2nd draft, puts updates online
Mediha Fejzagic DiMartino, Staff Writer
Posted: 07/17/2011 11:03:23 PM PDT

The July 14 deadline for release of the second draft of California’s redistricting maps has come and gone.

While people will not have a chance to respond to a specific set of maps before the final draft is published on July 28, the suggestions still are pouring in.

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“One thing I learned about negotiations — and I learned this from [former Assembly Speaker] Willie Brown and [former Gov.] Pete Wilson — whenever you get into a philosophical argument, [the talks] never go anywhere. When you reduce it to practical things — ‘I’ve got this guy who won’t vote for the budget unless we change something in one area’ — then you get results,” Treasurer Bill Lockyer says. (Armando Arorizo, Bloomberg)

By George Skelton Capitol Journal
July 18, 2011

From Sacramento– The sound bites booming from Washington, D.C., about spending and taxes have a familiar ring in Sacramento, especially for state Treasurer Bill Lockyer. A rather scary ring.

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Dan Walters

By Dan Walters
dwalters@sacbee.com
Published: Monday, Jul. 18, 2011 – 12:00 am | Page 3A

When Gov. Jerry Brown and Republicans failed to reach agreement on closing the state budget deficit, they also failed to resolve several budget-related issues – most prominently what, if anything, should be done to rein in public employees’ pensions.

Pension costs are not yet a huge component of the state budget because the vast majority of its funds are given to others to spend.

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