Archive for June 17th, 2014

InlandPolitics: Is there a new investor bubble?


Tuesday, June 17, 2014 – 11:00 a.m.
Last Modified: Wednesday, June 18, 2014 – 12:30 a.m.

One has to wonder what’s coming down the road for the economy. There’s no debate that the Federal Reserve was responsible for the Internet and real estate bubbles, of the past.

The big question here is how big is the new Federal Reserve-driven stock and real estate bubble?

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InlandPolitics: This and That!


Tuesday, June 17, 2014 – 10:00 a.m.

Here’s some new flowing across the transom Tuesday morning, in case you missed it!

Inland Cities budget woes ease

Several Inland Empire cities are facing a less dicier budget picture in their upcoming fiscal years.

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San Bernardino Seal

Paul Drasil, who retired under attack by former elected officials, was asked back by new mayor.

Published: June 16, 2014 Updated: 9:40 p.m.

The return of Interim Fire Chief Paul Drasil shows just how much things have changed in San Bernardino.

To read column by Cassie MacDuff in the Press-Enterprise, click here.

DailyBulletin: Upland approves utility rate hikes

Upland seal

By Liset Marquez, Inland Valley Daily Bulletin
Posted: 06/15/14, 9:12 PM PDT |

UPLAND >> Residents will have to pay more in utility bills starting next month, with increases expected to continue over the next several years.

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Capitol Alert
The latest on California politics and government
June 16, 2014

The California Senate reversed course Monday by approving a fundraising ban it rejected last week.

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Melody Gutierrez
Updated 1:39 am, Tuesday, June 17, 2014

(06-16) 18:47 PDT Sacramento — Republican state lawmakers had a lot to say about the state budget, saying it contained “insidious” back-room deals, spent too much and saved too little. But, their opinions were all they had. Their votes weren’t needed.

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Dan Walters

By Dan Walters
Published: Monday, Jun. 16, 2014 – 9:45 pm
Last Modified: Tuesday, Jun. 17, 2014 – 7:16 am

The political infighting over the next state budget began Sunday night, just minutes after the Legislature passed one that would spend $156.4 billion – $200 billion-plus when federal funds are included – in the fiscal year that begins July 1.

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House Majority Whip Kevin McCarthy

McCarthy is confident going into Thursday’s election for House Republican majority leader. (Bill Clark/CQ Roll Call File Photo)

By Matt Fuller
Posted at 5:50 p.m. on June 16, 2014

Raúl R. Labrador is gunning to make Thursday’s House GOP majority leader contest an electoral upset on par with Eric Cantor’s primary loss last week to Dave Brat. But Majority Whip Kevin McCarthy is not just trying to win the race — he wants to make a statement.

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Politico: Kochs launch new super PAC for midterm fight

David+Charles Koch

The new super PAC is an evolution for billionaire industrialists Charles and David Koch. | AP Photos

By KENNETH P. VOGEL and DARREN GOODE | 6/16/14 8:20 PM EDT Updated: 6/16/14 11:28 PM EDT

During a closed-door gathering of major donors in Southern California on Monday, the political operation spearheaded by the Koch brothers unveiled a significant new weapon in its rapidly expanding arsenal — a super PAC called Freedom Partners Action Fund.

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