Archive for March 18th, 2015

Lou Desmond

Wednesday, March 18, 2015 – 04:30 p.m.

Tonight on the Lou Desmond & Company Show, Lou is joined by Ryan Hagen, writer for the San Bernardino Sun, to discuss San Bernardino’s financial woes.

Read the rest of this entry »

Sharon Runner

Republican candidate for state Senate Sharon Runner, center, chats with supporters in 2011. (Gina Ferazzi / Los Angeles Times)

By Patrick McGreevy
March 17, 2015

Voters on Tuesday sent Republican Sharon Runner back to the state Senate three years after she underwent a double lung transplant. She was the only candidate on the ballot for a special election in a district representing parts of Los Angeles and San Bernardino counties.

Read the rest of this entry »

waterdrop

By Bettina Boxall
March 17, 2015

With California heading into another parched year, state officials Tuesday beefed up emergency drought regulations, directing urban agencies to limit the number of days residents can water their yards.

Read the rest of this entry »

File photo of cracked tarmac is seen in the parking lot of a largely abandoned shopping mall in San Bernardino

Cracked tarmac is seen in the parking lot of a largely abandoned shopping mall in San Bernardino, California in this January 23, 2015 file photo. (Reuters/Lucy Nicholson/Files)

By Tim Reid
Tue Mar 17, 2015 – 10:52pm EDT

Los Angeles —

(Reuters) – The southern California city of San Bernardino has defaulted on nearly $10 million in payments on its privately placed pension bond debt since it declared bankruptcy in 2012, according to documents seen by Reuters.

Read the rest of this entry »

Dan Walters

Observations on California and its politics
By Dan Walters
dwalters@sacbee.com
03/17/2015 – 9:56 PM

California’s unfortunate evolution into a society of haves and have-nots has many root causes, but a highly distorted housing market looms very large.

Read the rest of this entry »

Calpers

The California Public Employees’ Retirement System’s headquarters is in Sacramento. (Carl Costas / For The Times)

By Melody Petersen
March 17, 2015

As millions of private employees lost their pension benefits in recent years, government workers rested easy, believing that their promised retirements couldn’t be touched.

Read the rest of this entry »