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Confusion: Each Calif. state agency uses different accounting numbers

Aug. 20, 2012 By Wayne Lusvardi In 15th century Italy, the Medici Bank issued two sets of currency: gold Florins for exclusive use by the wealthy and silver Piccioli only for use by the poor.  Since it was forbidden to break

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LAO: Brown Numbers Don’t Compute

JAN. 12, 2012 By JOHN SEILER Gov. Jerry Brown’s budget proposal contains more smoke than a forest fire. More mirrors than a funhouse. And more empty promises than a presidential candidate’s platform. So much for his solemn pledge, in his

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LAO Blows Up Bullet Train

MAY 11, 2011 There’s something truly exhausting — no, dispiriting — about reading the latest state Legislative Analysts Office (LAO) report on California’s immense high-speed rail undertaking. Released at noon on May 10, the document runs just 28 pages but

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