Archive for July 19th, 2011

InlandPolitics: Orange County-owned land deal poses its own set of questions

Tuesday, July 19, 2011 – 06:00 p.m.

The Lewis Group of Companies strike again and more questions come forth!

This time it’s a large parcel of land, owned by the Orange County Flood Control District, and located in the City of Highland sphere influence.

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InlandPolitics: Newspapers too quick to judge as usual

Tuesday, July 19, 2011 – 05:30 p.m.

So the rock-solid slam dunk case against San Bernardino County Third District Supervisor Neil Derry wasn’t so rock-solid after all.

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Tuesday, July 19, 2011 – 03:00 p.m.

Blame the California budget.

The long awaited start to the construction of a new State courthouse in downtown San Bernardino has been shelved for at least a year.

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Bank of America reports 2Q loss of $9.1 billion; investors worry about its financial strength

Pallavi Gogoi, AP Business Writer, On Tuesday July 19, 2011, 1:28 pm EDT

NEW YORK (AP) — Things keep getting worse for Bank of America.

On Tuesday, the nation’s largest bank reported a loss of $9.1billion during the second quarter, partly due to an $8.5 billion settlement with investors. That agreement, reached in June, settled claims that the bank had sold the investors poor-quality mortgage bonds. The bank had already announced several other settlements this year. The total so far to settle investor claims: $12.7 billion.

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The Sun: Derry pleads guilty to misdemeanor; felonies dropped

By Joe Nelson
Posted: 07/19/2011 12:12:43 PM PDT

San Bernardino County Supervisor Neil Derry today pleaded guilty to failing to report a campaign contribution in an agreement that dismisses two felony charges he was facing.

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InlandPolitics: AG case against Derry ends

Derry

Tuesday, July 19, 2011 – 11:40 a.m.

The California Attorney General dropped two felony counts against San Bernardino County Supervisor Neil Derry Tuesday morning.

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Tuesday, Julu 19, 2011 – 11:05 a.m.

The announcement of Deborah Barmack’s retirement as Executive Director for San Bernardino Associated Governments is interesting to say the least.

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Tuesday, July 19, 2011 – 10:45 a.m.

Almost a month has past since the one-year anniversary of the untimely and sad death of real estate executive David Lewis.

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This 1973 Boeing 727-227 is considered worthless by the San Bernardino County assessor. Airport officials accepted it as collateral for a $550,000 loan in a legal settlement. (Kimberly Pierceall/The Press-Enterprise)

09:07 AM PDT on Tuesday, July 19, 2011

By KIMBERLY PIERCEALL
The Press-Enterprise

A civil grand jury is urging San Bernardino International Airport officials to double-check a questionable legal settlement with the airport’s developer in order to recoup nearly $1 million in taxpayer’s money.

The report also questioned the value of the plane put up as security for most of the settlement, based on FAA title records.

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10:00 PM PDT on Monday, July 18, 2011

By BEN GOAD
Washington Bureau

WASHINGTON – Inland Southern California’s congressional incumbents are busy amassing their war chests for a 2012 election season filled with uncertainty, federal campaign finance reports show.

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The PE: Bono Mack probes U.S. phone hacking threat

Mary Bono Mack

By PE Politics
on July 19, 2011 7:33 AM

As the News Corp. phone hacking scandal unfolds in the United Kingdom, Inland Rep. Mary Bono Mack is asking industry groups if the same thing could happen in the United States.

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The PE: Morrell, Cook sign on to Caylee bills

By PE Politics
July 18, 2011 9:15 AM

A pair of Inland Southern California lawmakers are pushing separate bills prompted by the death of Florida toddler Caylee Anthony.

Casey Anthony, the girl’s mother, was acquitted of murder but convicted of lying to authorities about the girl’s whereabouts. Anthony was not reported missing for 31 days.

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By PE News
July 19, 2011 8:14 AM

San Bernardino Associated Governments Executive Director Deborah Barmack announced late Monday she is retiring, after two decades with the agency and four as its leader.

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10:31 PM PDT on Monday, July 18, 2011

By JIM MILLER
Sacramento Bureau

SACRAMENTO – California Republicans say they are ready to challenge the handiwork of the state’s independent redistricting commission, although there have been no specific objections to proposed Assembly, Senate and congressional seats in Inland Southern California.

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The Sun: A ‘Blue’ memorial

David Zamora

Staff Reports
Posted: 07/18/2011 07:34:54 PM PDT

COLTON – A “Blue Mass” at San Salvador Catholic Church, 178 W. K St., on Monday evening also was a memorial for Mayor David Zamora, who died last week after suffering a heart attack while driving.

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The Sun: Borders headed for liquidation

Bookseller failed to attract a buyer
Andrew Edwards and Neil Nisperos, Staff Writers
Posted: 07/18/2011 08:26:20 PM PDT

RANCHO CUCAMONGA – Borders stores will soon vanish from Victoria Gardens and numerous other shopping centers as the once-thriving bookstore chain appears headed for liquidation after failing to attract a buyer who could have rescued it from bankruptcy.

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The Sun: SB council targets underage drinking

Social host law get initial OK
Josh Dulaney, Staff Writer
Posted: 07/18/2011 06:48:38 PM PDT

SAN BERNARDINO – The city is set to impose stiffer penalties on those who allow minors to drink or do drugs in their homes.

Under a 6-0 vote Monday evening, the City Council gave initial approval to an ordinance that would make it a misdemeanor for persons to allow minors to drink alcohol or use marijuana or any other controlled substance in their homes.

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DailyBulletin: DEA stirs backlash

Marijuana advocates aim to show medical value
Wes Woods II, Staff Writer
Posted: 07/18/2011 06:24:06 PM PDT

Medical marijuana proponents are pushing back against a recent Drug Enforcement Agency declaration that marijuana has no accepted medical use.

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SacBee: California AG Kamala Harris OKs Amazon referendum

By Kevin Yamamura
kyamamura@sacbee.com
Published: Tuesday, Jul. 19, 2011 – 12:00 am | Page 4A

Amazon.com can begin collecting signatures to overturn California’s new online tax law after state Attorney General Kamala Harris issued ballot language Monday for the retailer’s proposed referendum.

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Dan Walters

By Dan Walters
dwalters@sacbee.com
Published: Tuesday, Jul. 19, 2011 – 12:00 am | Page 3A
Last Modified: Tuesday, Jul. 19, 2011 – 8:24 am

Gov. Jerry Brown and his fellow Democrats in the Legislature were frustrated this year in seeking a few Republican votes to close the state’s budget deficit by asking voters to approve billions of dollars in tax extensions.

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Capitol Alert
The latest on California politics and government
July 18, 2011

Redevelopment agencies filed suit Monday in California Supreme Court to prevent California from squeezing $1.7 billion out of nearly 400 local entities to help solve the state’s budget deficit.

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Bloomberg: Calif. Pension Funds Gain Most in Decade

By Michael B. Marois – Jul 18, 2011 11:18 AM PT

The nation’s two largest public pension systems reported returns topping 20 percent for the year ended June 30, their best in more than a decade as the California funds profited from stocks and private equity.

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AP: AP Exclusive: Mortgage ‘robo-signing’ goes on

AP Exclusive: ‘Robo-signing,’ at center of foreclosure probe last year, is still rampant

Michelle Conlin and Pallavi Gogoi, AP Business Writers
On Tuesday July 19, 2011, 9:05 am EDT

Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.

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