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Legislators pass bill to regulate BB guns

August 22, 2012 By admin. Aug. 22, 2012 By Katy Grimes "They'll have to pry my BB gun from my cold, dead arms," one commenter wrote on the legislative web page for AB 2333. The bill, by Assemblyman Jose Solorio, D-Anaheim, will require parents to keep BB guns under lock and key safely away from minors, or face a $200 fine and a requirement to perform community service, after receiving written warnings. I a...

Rare court victory for home builders

August 22, 2012 By Joseph Perkins. Aug. 22, 2012 By Joseph Perkins It has taken the better part of two decades, but the California Supreme Court has finally reined in so-called “construction defect” lawsuits, the threat of which has had a damping effect on development of multi-family for-sale housing. The case in question pitted the homeowners association for San Diego’s Pinnacle Museum Tower against the develope...

Attack on corporations fails in Assembly

August 22, 2012 By admin. Aug. 22, 2012 By Katy Grimes It's rare that a bad bill fails to pass one or the other houses in the California Legislature. However, Tuesday a bill failed which would have required private sector, publicly traded corporations to file annual income and benefits statements with the California Secretary of State for the top five highly compensated employees. It was another witch hunt on...

New Wells Fargo report bullish on state economy

August 22, 2012 By admin. Aug. 22, 2012 By Joseph Perkins A new report by Wells Fargo Securities Economics Group declares that “California’s economic recovery has gained considerable momentum over the past year.” It cites the decline in the state’s jobless rate, increase in sales of existing single-family homes, growth in social networking and gains fueled by international trade as evidence, in the wor...
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