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State watchdog agency points to flaws in bond oversight

SACRAMENTO – The Oroville Dam’s near disaster has ignited a long-overdue debate about the condition of California’s infrastructure, and the need for additional investments in its creaky system of dams, levees, freeways, bridges and schools. Democrats and Republicans agree on

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Fed Debt Default Imperils CA Budget 5

JULY 14, 2011 By WAYNE LUSVARDI Purgatory is a temporary place of agony, torment and suffering between heaven and hell.  that is apparently where California’s state budget might be headed if the federal government, by failing to raise the federal

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