Archive for August 18th, 2011

InlandPolitics: Thank you to our readers

Thursday, August 18, 2011 – 10:00 a.m.

InlandPolitics.com would like to thank our readers for their continued support. The site has picked up after a slow news period during the summer vacation period.

The blog is once again heading for record territory.

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Thursday, August 18, 2011 – 09:25 a.m.

What a shocker!

The U.S. Department of Labor revised it’s estimate of first time claims from last week.

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10:00 PM PDT on Wednesday, August 17, 2011

BY DUANE W. GANG
STAFF WRITER
dgang@pe.com

Riverside County supervisors narrowly voted this week to maintain their team of Sacramento lobbyists, rebuffing Supervisor Jeff Stone’s effort to slash the contracts.

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The PE: The other “no” redistricting vote

Jodie Filkins Webber

By PE Politics
August 17, 2011 12:30 Share: AddThis

State redistricting commissioner Michael Ward of Anaheim got a lot of attention this week after he accused the panel of breaking the law in how it drew new Assembly, Senate, congressional and Board of Equalization districts.

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DailyBulletin: OpEd: Flier a page from JP’s playbook

Tom Mitchell
Created: 08/17/2011 05:23:56 PM PDT

Just when we believed we are moving beyond the Pomierski influence in Upland politics, opponents to candidate Thouvenell take a page out of JP’s playbook. As a campaign committee veteran to Upland campaigns up against the-ex mayor, I witnessed firsthand how campaign fliers rife with outright lies would be distributed at the last minute so that the target of the lies could not respond in time to set the record straight before voters cast their vote. Such is the case this week, with a flier being distributed disparaging candidate Thouvenell. Lies and altered photos fill the flier. Of course what is missing is who is responsible for the flier. Anonymity makes casting lies much easier. This not the kind of leadership we want in Upland.

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Jim Steinberg, Staff Writer
Posted: 08/17/2011 02:01:00 PM PDT

RIALTO – Mike Story has lived here since 1980.

He raised two children, coaching softball and soccer in the process.

For 27 years he has worked for the city of Rialto.

This week he became city administrator and is already at work to come up with recommendations to trim the city’s budget and reorganize city departments.

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DailyBulletin: Montclair, Ontario will pay to keep RDAs

Cities agree to ‘ransom’
Liset Marquez, Staff Writer
Created: 08/17/2011 09:07:36 PM PDT

A pair of Inland Valley cities this week started the process to participate in a state program that would allow them to keep their redevelopment agencies operational.

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DailyBulletin: Hoerning accepts Upland job

Molly Davis, Staff Writer
Created: 08/17/2011 09:07:34 PM PDT

Redlands’ municipal utilities and engineering director has resigned to take over as utilities director in Upland.

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VVDailyPress: 317 layoffs coming to Barstow Marine base

Base officials will only acknowledge future ‘restructuring’
August 16, 2011 5:32 PM
KAREN JONAS
Staff Writer

BARSTOW • Another 317 workers at the Marine Corps Logistics Base in Barstow will be laid off, according to Councilman Tim Saenz.

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Daily Report: Money & Politics
August 18, 2011 | Chase Davis

Once again, it’s shaping up to be a case of tribe vs. tribe in the latest effort to encourage politicians to legalize online poker in California.

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PolitiCal
On politics in the Golden State
August 17, 2011 | 10:03 am

A group of Republicans has taken the first step toward putting a referendum on the ballot that they hope will lead to the overturning of new Senate districts drawn by a state panel.

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The rating firm recently downgraded L.A.’s $7-billion investment portfolio to AA from AAA. ‘We have really lost faith in S&P’s judgment,’ Interim Treasurer Steve Ongele said.

By Kate Linthicum, Los Angeles Times
August 18, 2011

Los Angeles, which recently saw its $7-billion investment portfolio downgraded by Standard & Poor’s, has decided to no longer hire the rating company to rate the soundness of the city’s investments.

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SacBee: Recent stock crash has cost CalPERS $9 billion

By Dale Kasler
dkasler@sacbee.com
Published: Thursday, Aug. 18, 2011 – 12:00 am | Page 6B

The recent wreck on Wall Street cost CalPERS billions of dollars, and the pension fund believes there’s more instability coming.

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Money & Company
Tracking the market and economic trends that shape your finances.
August 17, 2011 | 3:58 pm

This month’s plunging stock prices cost the state’s biggest public pension fund $9 billion, but the fallout from the “market riot” could have been much worse, said Joseph Dear, chief investment officer of the California Public Employees’ Retirement System.

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By Larry Gordon, Los Angeles Times
August 18, 2011

The University of California on Wednesday announced a merit increase plan for non-unionized employees that seeks to fend off faculty hiring raids while mollifying critics of high executive salaries during the state’s budget crisis.

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