Tag "Phil Angelides"

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CalPERS seeks to be new California ‘Octopus’ 15

Dec. 17, 2012 By Wayne Lusvardi In 1901, Frank Norris wrote a novel, “The Octopus: A Story of California.” The book became famous for its description of the monopolistic Southern and Pacific Railroad that dominated California a century ago. Fast-forward to

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Should San Berdoo cherry pick underwater mortgages? 18

July 13, 2012 By Wayne Lusvardi What a ripoff. San Bernardino County wants to use eminent domain to let a private mortgage lender cherry pick “underwater” mortgages without paying damages to the lenders. Doing so supposedly would stimulate the resale

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Calif. US. Senate candidates blast GOP endorsement 0

May 16, 2012 By Dave Roberts In California, there are three certainties: death, taxes and the re-election of Sen. Dianne Feinstein. In 2006, she shellacked Dick Mountjoy by 24 points. In 2000, she trounced Tom Campbell by 19 points. The

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Bonds Could Sink Split-Roll Tax Increase 0

JUNE 15, 2011 By WAYNE LUSVARDI California’s convoluted finances, ironically, could preclude a split-roll property tax increase. Such a tax increase would alter Proposition 13 to keep property taxes on homes the same (allowing increases of just 2 percent a

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