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CA, feds struggle with — and spar over — pot regulation

July 18, 2014 By James Poulos. As California muddles ahead with its disorganized decriminalization of marijuana, local and federal lawmakers are adopting distinctly different approaches to the prospect of pot-related crime. City councils are apt to worry about different kinds of drug crime than Congress. But the new attention from both ends of the political pecking order comes from a single source: the legal and r...

Richmond pols continue posturing on underwater mortgages

July 17, 2014 By Wayne Lusvardi. A majority of the Richmond City Council still wants to use eminent domain powers to to seize “underwater mortgages" even though the bond market refused to sell $34 million in municipal bonds for the city last year due to Richmond officials' interest in the novel proposal. Prices are soaring in the blue-collar Bay Area suburb. The home price index is up 33.7 percent this p...

Controller 2014: 7 reasons why John Perez should quit while he’s behind

Betty Yee
July 15, 2014 By John Hrabe. The "sunk cost fallacy" -- a self-destructive quirk of human behavior -- explains why we persist in losing. We hold onto loser stocks, attend concerts we'd rather skip and demand recounts of decided elections. The sunk cost fallacy is alive and well in the ongoing recount requested by Assemblyman John A. Perez. The former Democratic Speaker of the Assembly claimed a spot on the medal...

LA and SF dogfight over transport visions

great streets
July 15, 2014 By James Poulos. In San Francisco, a bus project over a decade in the making finally receives its massive environmental impact report. In Los Angeles, the mayor announces his first executive directive, launching a "Great Streets" program. It's a tale of two cities -- and two visions of the future of urban planning. In both San Francisco and L.A., the political leadership harbors a strong interest in m...
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