The Maloofs should leave town and take Mayor Johnson and his blather about "world-class cities" with them. FEB. 28, 2011 By STEVEN GREENHUT As Sacramento Kings owners’ Joe and Gavin Maloof ponder moving their basketball team to Anaheim, Sacramento area residents and civic boosters have on...
February, 2011Kings Or Not, Sacto Can’t Be ‘World Class’Monday, February 28th, 2011Poisonous Budget Spider UncoveredMonday, February 28th, 2011 FEB. 28, 2011 BY WAYNE LUSVARDI There is a line in Sir Walter Scott’s novel Ivanhoe where a gentleman is... advised to remember that all the wealth he had acquired by sucking the blood of miserable victims had but swelled him like a bloated spider, which may be overlooked while he kept in a... Advocates Advance New Pot InitiativeMonday, February 28th, 2011 FEB. 28, 2011 By STEVE KUBBY The November 2012 presidential election affords proponents of a ballot initiative to change state law concerning the regulation of marijuana a strong opportunity for success. The most significant consideration is that the California electorate for the next pres... Is An All-Cuts Budget Ahead?Friday, February 25th, 2011 FEB. 25, 2011 By KATY GRIMES SACRAMENTO -- There is never a dull moment with California Gov. Jerry Brown. In a surprise visit to a budget committee meeting yesterday, Brown threatened to produce a budget that cuts $26.6 billion from state services if legislators do not vote to put his tax exte... “Balance” Is Missing From BudgetThursday, February 24th, 2011 FEB. 25, 2011 By KATY GRIMES SACRAMENTO -- As the Budget Conference Committee hearings began on Wednesday, Republicans challenged the frequent use of the word “balanced” for describing the tax increases and budget cuts within the governor’s budget proposal. With Republicans and Democrats... Bulldoze Williamson Act Subsidies?Thursday, February 24th, 2011 Feb. 24, 2011 By DAVE ROBERTS There is much wailing and gnashing of teeth over Gov. Jerry Brown's proposed budget cuts, but the outcry over elimination of state subsidies for millionaire landowners may be overkill. Brown has zeroed out funding for the Williamson Act, which this year is providi... Cancel Prop. 71 Stem Cell Funding?Wednesday, February 23rd, 2011 Feb. 23, 2011 By WAYNE LUSVARDI On Feb. 9, the $123 million Ray and Dagmar Dolby Regenerative Medicine Building opened on the campus of the University of California, San Francisco to house the Eli and Edy Broad Center of Regeneration Medicine and Stem Cell Research. About $25 million of thi... CA Budget Still Needs FumigationTuesday, February 22nd, 2011 Feb. 22, 2011 By JOHN SEILER As Gov. Jerry Brown and the state Legislature continue crafting a budget, skunks keep being thrown into the room. The biggest skunk is that the $146 billion California State Teachers' Retirement System, CalSTRS, is effectively insolvent. Funded at 80 percent of... Will Illinois Beat California To Default?Saturday, February 19th, 2011This article is about Illinois, but it has obvious implications for California. FEB. 19, 2011 By CHRISS STREET Illinois’ powerful Wall Street syndicate of bond underwriters led by Morgan Stanley and Goldman Sachs just postponed the state’s sale of $3.7 billion of four year pension bonds... Will Wisconsin Protests Come to California?Friday, February 18th, 2011Feb. 18, 2011 By JOHN SEILER Today Wisconsin, tomorrow California? The battle between government-employee unions and state budgets was inevitable once the unions were given collective bargaining rights over the past 50 years. The battle boiled over the past few days in Wisconsin as Repu... |