Archive for July 23rd, 2012

Sunday, July 22, 2012 – 05:00 p.m.

Earlier this year San Bernardino County unions ganged up on the Board of Supervisors by qualifying a charter amendment designed to cut board member pay, benefits and staff budgets.

Ironically, this measure is the brain child of convicted former Assessor and County Supervisor Bill Postmus, who enlisted the financial support of a wealthy Wrightwood businessman to bankroll initial signature gathering.

Read the rest of this entry »

Sunday, July 22, 2012 – 04:30 p.m.

San Bernardino County’s largest employee union is teeing up on two county supervisors it believes are unfair towards its members.

Why?

Pension reform.

Read the rest of this entry »

CNBC: US Economy Going from Bad to Worse: Roubini

Published: Monday, 23 Jul 2012 | 4:00 AM ET
By: Patrick Allen
CNBC EMEA Head of News

A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini, the economist famed for his bearish views.

Roubini, best-known for calling the 2008 economic crisis, outlined five reasons the bulls have been wrong and argued that an American economic cold will lead the rest of the world to catch pneumonia in a post on the Project Syndicate website.

Read the rest of this entry »

The PE: FIRE FEE: First bills going out next month

The $150 fee goes into effect in communities where the state handles firefighting responsibilities

BY JIM MILLER
SACRAMENTO BUREAU
jmiller@pe.com

Published: 22 July 2012 08:52 PM

SACRAMENTO More than a year after lawmakers approved it, the state soon will begin collecting a $150 fire-prevention fee on hundreds of thousands of houses and other habitable structures in rural parts of California where the state has the main firefighting responsibility.

The Board of Equalization will start sending out bills early next month.

Read the rest of this entry »

The Sun: OpEd: Property seizure is not the answer

Point of View

David H. Stevens
Posted: 07/22/2012 07:04:38 AM PDT

California, once ground zero of the housing crisis, is and will continue working its way back to a stable real estate finance market.

However, the radical use of eminent domain to take over underwater mortgages could cause a spiraling effect of withdrawal of mortgage credit, declining home values and a threat to local economic recovery. Rather than taking actions which increase uncertainty, reduce the availability of credit and focus on the problems from the past, policymakers should look to homebuyers of the future and do what they can to efficiently get the process moving again.

Read the rest of this entry »

Canan Tasci, Staff Writer
Created: 07/22/2012 07:04:34 AM PDT

The Chino Superior Court in Chino will be closed at the end of the year. (Jennifer Cappuccio Maher/Staff Photographer)
CHINO – Furlough and hiring freezes alone couldn’t save the Chino courthouse from closure.

San Bernardino County Superior Court announced the court will shut its doors on Jan. 1 as part of a significant court budget shortfall – $13.5 million this year, growing to $21 million annually thereafter.

Read the rest of this entry »

Neil Nisperos, Staff Writer
Created: 07/22/2012 07:04:25 AM PDT

The closure of the Chino courthouse is expected to increase workload and operations at the other nearby courts in the San Bernardino County Superior Court system, but the details on how exactly have yet to be determined, officials said.

The system announced July13 that the Chino courthouse on Central Avenue would close effective Jan. 1 due to budgetary issues.

Read the rest of this entry »