Edit

Friday, July 12, 2013 – 11:00 a.m.

Here’s some news of interest flowing across the transom Friday morning.

Will past bankruptcy haunt candidate in AD-52 contest?

Yes, a candidates past financial problems is likely to emerge in the race to fill the Assembly seat vacated by now-State Senator Norma Torres.

Democratic Candidate Freddie D. Rodriguez (D-Pomona) declared Chapter 7 bankruptcy in August 2004. His debts were discharged November 2004.

Calero appointed District Director for Morrell

Nick Calero has been hired as the District Director for State Assemblyman Mike Morrell (R-Rancho Cucamonga).

Calero, a highly-talented individual, and not-to-mention a new father, was previously a field representative for Former San Bernardino County Third District Supervisor Neil Derry.

Another candidate enters San Bernardino Mayoral contest

Oh boy! Another candidate has declared their candidacy for Mayor of bankrupt San Bernardino.

Law School Graduate Jerry Arispi has announced he will run for Mayor.

Arispi will join Council Members Chas Kelley, Wendy McCammack and Rikke Van Johnson, businessman Rick Avila, consultant Concepion Powell and Draymond Crawford.

McMahon hires political consultant

San Bernardino County Sheriff-Coroner John McMahon has let it be known his political advisor is Orange County-based Political Consultant David Ellis.

Ellis, owner of Delta Partners LLC, is also an advisor to San Bernardino County District Attorney Michael Ramos.

McMahon, who is currently serving under a Board of Supervisors appointment, faces at least one candidate next June.

Los Angeles County Deputy Sheriff Paul Schrader has already announced his candidacy.

First-time jobless claims remain high

354,000 people filed firts-time claims for unemployment benefits last week.

The number was up 18,000 from the previous weeks number.

Mortgage rates climb again

The rate on a new 30-year fixed-rate mortgage is now at 4.57%.

The benchmark rate is now more than 1% above the all-time low.