February, 2010

Fleeting hope for fiscal reform

Sunday, February 28th, 2010

Feb. 28, 2010 Anyone who thinks that gubernatorial candidate Meg Whitman offers much hope for fixing the state's structural fiscal mess should now wonder whether the billionaire former eBay executive might end up being nothing more than another Arnold Schwarzenegger ---- a governor who sometimes ta...

Community colleges oversell 0.7% enrollment decline

Friday, February 26th, 2010

Feb. 26, 2010 By ELISE VIEBECK The chancellor for California's community colleges lamented a 0.7% decline in the system's enrollment yesterday, reporting that more than 200,000 students will be "unfunded" -- that is, enrolled beyond schools' funded capacities -- this term. This announcement came a...

Did schools win state lottery?

Thursday, February 25th, 2010

Feb. 25, 2010 By KATY GRIMES In an effort to shore up some of the state’s record deficit, a bill heard this week would require more money from the State Lottery be spent on schools and less on lottery administration. According to the California Lottery, 34 cents from every dollar spent on the l...

California's business exodus

Thursday, February 25th, 2010

Feb. 25, 2010 By KATY GRIMES According to Joe Vranich, a business relocation specialist located in Southern California, his business is booming helping businesses move out of California, and not into the state. For the rest of California businesses, the future doesn't look quite so rosy. Vranich ...

No Cussing Zone

Thursday, February 25th, 2010

Assembly members Anthony Portantino and Cameron Smyth will be discussing ACR 112 today, the resolution that will designate the first week in March as a "cuss-free week". The purpose according to language in the resolution is "to set a tone of harmony and connectedness in our communities, and to insp...

Capitol field trip!

Wednesday, February 24th, 2010

Feb. 24, 2010 Most people probably get the impression that I spend my days at the state Capitol, prowling the hallways for story leads. Actually I get over to the Capitol very little, but lately I’ve been visiting more often, if for no other reason than to get out of the office. My trip yesterday...

Pensions push state to insolvency

Tuesday, February 23rd, 2010

  FEB. 23, 2010 By TROY ANDERSON As the $17 billion annual taxpayer tab for government employees’ pensions and retiree health care increases at a rate of “several billion dollars” a year, Orange County Supervisor John Moorlach says California is heading for an “economic meltdown.” ...

State selling properties to raise cash

Tuesday, February 23rd, 2010

Feb. 23, 2010 By KATY GRIMES With the state of California selling off property to raise cash in the face of the $24 billion deficit, 11 office-building complexes are for sale, which will then be leased back to the state for 20 years. Higher profile properties also are for sale such as the Los An...

The eyes of Texas are upon us

Tuesday, February 23rd, 2010

Feb. 23, 2010 Californians used to sing “I Love You, California.” Now, the tune has changed and it’s “Can't Get Enough of Texas.” The bad news stories about California businesses packing up and moving out of state are so frequent, people are almost blasé to the reports. However, the dai...

Jobless victims stagger California

Sunday, February 21st, 2010

Feb. 21, 2010 By JOHN SEILER As state legislators and Gov. Arnold Schwarzenegger continue to work on the state budget for fiscal year 2010-11, which begins July 1, they will be looking at how their actions affect the entire state economy, not just that part of it that encompasses the state governm...