Archive for September 2nd, 2011

LATimes: No August job growth as unemployment rate holds at 9.1%

‘ZERO’ GROWTH!

Money & Company
Tracking the market and economic trends that shape your finances.
September 2, 2011 | 6:11 am

The U.S. added no new jobs in August as employers cut back hiring and trimmed work hours of existing employees, the government said Friday.

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InlandPolitics: The ‘New’ math

Friday, September 2, 2011 – 09:30 a.m.

I purchased a burger at Burger King for $1.58. The counter girl took my $2 and I was digging for my change when I pulled 8 cents from my pocket and gave it to her. She stood there, holding the nickel and 3 pennies, while looking at the screen on her register. I sensed her discomfort and tried to tell her to just give me two quarters, but she hailed the manager for help. While he tried to explain the transaction to her, she stood there and cried..

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Derry

Friday, September 2, 2011 – 09:20 a.m.

San Bernardino County Supervisor Neil Derry today announced that his campaign has received the endorsement of four respected local elected officials.

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By PE Politics
September 1, 2011 7:52 AM

Inland Rep. Jerry Lewis is staying mum on a decision that holds major implications for congressional incumbents and hopefuls around Southern California: if, and where, he’ll seek an 18th term in Washington.

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By Neil Nisperos Staff Writer
Posted: 09/01/2011 07:24:52 PM PDT

A Latino advocacy group proposed its own set of maps for the districts of San Bernardino County supervisors on Thursday, challenging maps the county has created.

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DailyBulletin: End Colonies prosecutions now

By John Charles
Created: 09/01/2011 05:44:55 PM PDT

The San Bernardino County district attorney appears to be hell-bent on continuing the persecution of a developer and three former county officials even though every time they get in front of a judge, the county loses! Here is my take on how this has all unfolded:

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By Wes Woods II Staff Writer
Created: 09/01/2011 06:12:22 PM PDT

A bill just signed by Gov. Jerry Brown already has both sides arguing over whether it bans medical marijuana dispensaries and collectives.

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TRANSPORTATION: Congress eyes bill vital to Inland area

10:00 PM PDT on Thursday, September 1, 2011

BY BEN GOAD and DUG BEGLEY
STAFF WRITERS
bgoad@pe.com | dbegley@PE.com

California would lose more than $4.6 billion and as many as 164,000 jobs if Congress fails this month to extend federal transportation legislation that funds road, bridge and rail projects around the country, Sen. Barbara Boxer said Thursday.

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The PE: SAN JACINTO: Five guilty pleas in corruption case

10:00 PM PDT on Thursday, September 1, 2011

BY RICHARD K. DE ATLEY
STAFF WRITER
rdeatley@pe.com

Five relatives of defendants in the San Jacinto corruption case pleaded guilty to misdemeanor charges Thursday for receiving illegal repayments for campaign contributions made in 2007, then lying about it to a grand jury two years later.

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The PE: Bill restores higher vehicle tax to help cities

10:16 PM PDT on Thursday, September 1, 2011

BY JIM MILLER and SANDRA STOKLEY
STAFF WRITERS
jmiller@pe.com|sstokley@pe.com

SACRAMENTO – New state legislation would reverse deep state budget cuts to four Riverside County cities by partially restoring a higher tax on people’s vehicles.

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‘Devil’s Professor’

Officials: Highland man also runs biker gang
By Melissa Pinion-Whitt, Staff Writer
Posted: 09/01/2011 12:07:55 PM PDT

An associate professor at Cal State San Bernardino led a methamphetamine distribution ring that put multiple pounds of the drug on the street every week, sheriff’s investigators said Thursday.

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Rep. Joe Baca

By Jim Steinberg Staff Writer
Posted: 09/01/2011 06:12:22 PM PDT

SAN BERNARDINO – “Wall Street got bailed out. We got sold out,” they chanted.

Some 200 people gathered Thursday in front of the district office of Rep. Joe Baca, D-San Bernardino, seeking endorsement of a plan to tax Wall Street transactions, such as the purchase or sale of stocks, bonds and derivatives.

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By Wes Woods II Staff Writer
Created: 09/01/2011 04:50:54 PM PDT

CLAREMONT – City officials said they are at an impasse in their negotiations with the Claremont Police Officers Association and the Claremont Police Management Association.

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By Kevin Yamamura
kyamamura@sacbee.com
Published: Friday, Sep. 2, 2011 – 12:00 am | Page 1A

Senate President Pro Tem Darrell Steinberg has made the California Chamber of Commerce’s “job killer” bill list five years running.

So it was little surprise that the Sacramento Democrat couldn’t recall Thursday ever having stood next to chamber President and CEO Allan Zaremberg at a Capitol news conference before.

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SacBee: Jerry Brown signals thumbs down on Amazon proposal

Capitol Alert
The latest on California politics and government
September 1, 2011

Gov. Jerry Brown said this morning that he’s leaning against Internet retailer Amazon.com’s proposal to put off enforcing a new law that taxes online purchases in exchange for the company launching several California distribution centers that would create several thousand new jobs.

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LATimes: California gets top ratings on planned debt sale

Money & Company
Tracking the market and economic trends that shape your finances.
September 1, 2011 | 7:06 pm

California on Thursday got the highest possible credit ratings on the short-term debt it plans to issue the week of Sept. 12. That’s should be good for taxpayers, at the expense of the investors who are expected to buy the securities.

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By Don Lee, Los Angeles Times
September 1, 2011, 5:48 p.m.

Reporting from Washington— In a move underscoring the urgency of the nation’s economic problems, the White House issued a new assessment that predicted continued high unemployment through 2012.

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By NELSON D. SCHWARTZ
Published: September 1, 2011

The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation.

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