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Rail project begins grabbing CA farmers’ land

Rail project begins grabbing CA farmers’ land
January 18, 2013 By admin. Jan. 18, 2013 By Katy Grimes Before high-speed rail planners can do anything with the Central Valley route, they are looking at an estimated $360 million to buy out 356 privately-owned land parcels along the route. According to a recent legal decision, holdouts will be bought out through courts, “whether they like it or not,” to use Lt. Gov. Gavin Newsom’s infamous 2008 state...

California pension Death Star approaching

January 18, 2013 By admin. Jan. 18, 2013 By Chriss Street When Moody’s Investors Services issued a “Request for Comment” last July about their plan to begin recalculating the effect of massive state and local unfunded pension liabilities on credit quality, I warned that this would eventually result in the across-the-board slashing of municipal bond credit ratings and numerous municipal bankruptcies in Cal...

State Senate Democrats Crack Down on Fracking

January 18, 2013 By admin. Jan. 18, 2013 By Dave Roberts Despite the more than three-decade safety record of hydraulic fracturing in California, Democrats served notice last week that they will be cracking down on the energy-production method in the coming year. The frack fight was led by Senate President Pro Tem Darrell Steinberg, D-Sacramento, at the Jan. 9 Senate Rules Committee hearing. The committee was co...

Two Critical Budget Dates Approaching

January 17, 2013 By admin. Jan. 17, 2013 By John Seiler On PBS NewsHour yesterday evening, Gov. Jerry Brown enthused about his new budget: "The budget is fixed. I inherited a $27 billion deficit. That's what it was two years ago. "And that's gone. This budget will be balanced. Now, is the world absolutely safe from any contingency? No. 1, the world is changing and turbulent. So, if the economy gets worse, then w...
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