Archive for December 1st, 2011

InlandPolitics: Investors ignore history

Thursday, December 1, 2011 – 10:00 a.m.

All the misplaced euphoria over the recent drop in weekly first-time unemployment numbers, along with the Fed loaning the European Union (EU) some $600 billion, seems a little suspect.

The Fed is doing nothing more than manipulating markets in the short-term, with money it really doesn’t have.

Read the rest of this entry »

CNBC: Weekly Jobless Claims Jump Back Over 400,000 Mark

Published: Thursday, 1 Dec 2011 | 8:39 AM ET
By: AP

Claims for unemployment insurance unexpectedly rose last week, climbing past the psychologically important 400,000 mark as the jobs market showed signs of more weakness.

Read the rest of this entry »

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

Published: 30 November 2011 09:20 PM

Inland officials are facing lengthy consequences from the state’s new law to house nonviolent convicts in county jail instead of state prison.

The realignment law, AB109, which took effect Oct. 1, was presented as capping county jail sentences at three years. That isn’t happening.

Read the rest of this entry »

Josh Dulaney, Staff Writer
Posted: 11/30/2011 08:28:25 PM PST

Subcontractors who are owed roughly $4 million for renovation work at San Bernardino International Airport soon could be getting checks in the mail.

Read the rest of this entry »

The Sun: Courthouse construction begins

By Melissa Pinion-Whitt, The (San Bernardino County) Sun
Posted: 11/30/2011 12:29:42 PM PST

SAN BERNARDINO – Construction began Wednesday on the new San Bernardino County courthouse in downtown San Bernardino.

The estimated $339 million project, which has been in development since 2007, will be an 11-story building with 36 courtrooms.

Read the rest of this entry »

Former Secretary of State Condoleezza Rice speaks to students, faculty and staff Wednesday at the Claremont McKenna College Ducey Gym. (Jennifer Cappuccio Maher/Staff Photographer)

Jannise Johnson, Staff Writer
Created: 11/30/2011 08:57:33 PM PST

CLAREMONT – Hundreds of students braved an autumn chill Wednesday night for the chance to hear former Secretary of State Condoleezza Rice speak at Ducey Gymnasium at Claremont McKenna College.

Read the rest of this entry »

LATimes: Jerry Brown to pitch tax plan to voters

PolitiCal
On politics in the Golden State
November 30, 2011 | 10:46 pm

In the latest proposed fix for California’s fiscal crisis, Gov. Jerry Brown is expected to announce a multibillion-dollar tax initiative in the coming days, asking voters to raise levies on upper-income earners and increase the state’s sales tax by half a cent.

Read the rest of this entry »

CapitolNotes: The Crowding Field of 2012 Tax Initiatives

November 30, 2011, 2:30 pm • Posted by John Myers

California voters have long had a reputation as anti-tax, a reputation that explains why so many proposals either fizzle before ever making it to the ballot… or are roundly rejected on Election Day.

Read the rest of this entry »

LATimes: California’s capitol — the long view

Skelton

A columnist looks back on 50 years covering the ups and downs of Sacramento.

By George Skelton Capitol Journal
December 1, 2011

From Sacramento- Fifty years ago, I started covering California’s state Capitol as a twerp reporter — inspired by the grandeur and history, and a bit intimidated by the mystique of a strange world.

Read the rest of this entry »

November 30, 2011 | 4:57 pm

Gov. Jerry Brown’s proposal to overhaul public pensions in California may face legal hurdles and create some new costs, according to officials with the state’s two largest public retirement systems.

Read the rest of this entry »

Thursday, December 1, 1011
By Ed Mendel

Gov. Brown yesterday appointed two CalSTRS board members with decades of experience in law and financial firms, a first step toward an ambitious pension reform plan he issued in October to end abuses and cut costs.

Read the rest of this entry »

SacBee: California voters less inclined to re-elect Obama

By Torey Van Oot
tvanoot@sacbee.com
Published: Thursday, Dec. 1, 2011 – 12:00 am | Page 3A

Voters in deep blue California aren’t so sure they want to send President Barack Obama back to the White House in 2012, but they still prefer the Democratic incumbent over the GOP alternatives by double-digit margins.

Read the rest of this entry »