Archive for January 3rd, 2012

InlandPolitics: Son of former trustee appointed to SBCERA panel

Tuesday, January 3, 2012 – 3:30 p.m.

Another blip has showed up on the San Bernardino County political radar.

Thursday’s agenda for the San Bernardino County Employees Association (SBCERA) contains an interesting little tidbit.

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Tuesday, January 3, 2012 – 03:00 p.m.

Was it a misunderstanding or a lie?

A regular question in San Bernardino County government.

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Bloomberg: World’s Biggest Economies Face $7.6T Debt

By Keith Jenkins and Anchalee Worrachate – Jan 3, 2012 2:22 AM PT

Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.

Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil, Russia, India and China is up from $7.4 trillion at this time last year, according to data compiled by Bloomberg. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show.

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San Bernardino Co. will pay $3 million to a woman injured in a ’07 motorcycle crash in the Mojave Desert


Published: 02 January 2012 06:51 PM

San Bernardino County has agreed to pay $3 million to settle a lawsuit by a woman injured in a motorcycle accident who claimed that a county road was dangerous and poorly maintained.

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By Jim Steinberg Staff Writer
Created: 01/02/2012 06:05:05 PM PST

FONTANA – School board member Leticia Garcia is flying to New York City on Wednesday for an interview with Anderson Cooper related to the stigma associated with women professionals married to convicts.

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By Canan Tasci, Staff Writer
Created: 01/02/2012 03:10:56 PM PST

Americans could have three candidates to choose from in the upcoming November general elections.

Americans Elect recently was certified to be on the ballot in California, the 12th state where the nonprofit was given permission to be on the 2012 presidential ticket.

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By Neil Nisperos, Staff Writer
Created: 01/02/2012 03:10:55 PM PST

The California Supreme Court will hear arguments on Jan. 10 about redistricting lines that will be used in 2012’s state Senate elections.

A Republican group had asked the California Supreme Court on Dec. 2 to shelve the newly drawn state Senate district map, even though the court previously declined to take up such a challenge.

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By Jim Sanders
Published: Tuesday, Jan. 3, 2012 – 12:00 am | Page 1A
Last Modified: Tuesday, Jan. 3, 2012 – 7:03 am

Happy new year, lawmakers?

Don’t bet on it.

The California Legislature will reconvene Wednesday amid a flood of red ink, a long history of partisan bickering, and a coming statewide election using newly drawn districts and a new way of choosing the top two candidates for legislative seats.

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Dan Walters

Dan Walters
Published: Tuesday, Jan. 3, 2012 – 12:00 am | Page 3A

California adopted redevelopment as a tool for improving its urban ambience just after World War II, and for more than 30 years, it was nothing more than an ancillary local government activity.

But when voters in 1978 adopted Proposition 13, the landmark limit on property taxes, redevelopment boomed because it let cities retain property taxes from their redevelopment projects, rather than share the revenues with counties, schools and special districts.

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By Ed Mendel
Tuesday, January 3, 2011

An official analysis of two public pension reform initiatives last week raised an issue quickly seized by opponents — a potential cost increase of $1 billion or more a year for state and local governments during the next two or three decades.

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Bank of America is demanding that some small-business customers pay off their credit line balances all at once instead of making monthly payments.

By E. Scott Reckard, Los Angeles Times
January 3, 2012

Bank of America Corp., under pressure to raise capital and cut risks, is severing lines of credit to some small-business owners who have used them to stay afloat.

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