Posts Tagged ‘Phil Angelides’CalPERS seeks to be new California ‘Octopus’Monday, December 17th, 2012 Dec. 17, 2012 By Wayne Lusvardi In 1901, Frank Norris wrote a novel, “The Octopus: A Story of California.” The book became famous for its description of the monopolistic Southern and Pacific Railroad that dominated California a century ago. Fast-forward to 2012 and the bankrupt city of... Should San Berdoo cherry pick underwater mortgages?Friday, July 13th, 2012July 13, 2012 By Wayne Lusvardi What a ripoff. San Bernardino County wants to use eminent domain to let a private mortgage lender cherry pick “underwater” mortgages without paying damages to the lenders. Doing so supposedly would stimulate the resale market for homes. The county’s pol... Calif. US. Senate candidates blast GOP endorsementWednesday, May 16th, 2012May 16, 2012 By Dave Roberts In California, there are three certainties: death, taxes and the re-election of Sen. Dianne Feinstein. In 2006, she shellacked Dick Mountjoy by 24 points. In 2000, she trounced Tom Campbell by 19 points. The grande doyenne of California Democrats has been in the... Bonds Could Sink Split-Roll Tax IncreaseWednesday, June 15th, 2011 JUNE 15, 2011 By WAYNE LUSVARDI California's convoluted finances, ironically, could preclude a split-roll property tax increase. Such a tax increase would alter Proposition 13 to keep property taxes on homes the same (allowing increases of just 2 percent a year), but permit unlimited tax incre... |