California

Source: www.cnn.com --- 3 hours ago
A sailor found dead earlier this week at California's Camp Pendleton was shot while standing sentry, and a fire was set in an attempt to cover up evidence, the U.S. Navy said. ...

Source: ac360.blogs.cnn.com --- 7 hours ago
Arnold Schwarzenegger The Los Angeles Times In San Luis Obispo County, a 20-year-old drug abuser who was the sole caretaker for his seriously disabled father provided such poor care that, according to the grand jury in that county, the father frequently had bedsores, he was not properly cleaned, adult protective services had to be called in and, ultimately, he died before he was 60 years old. Incredibly, the son was being paid by the state, through the In-Home Supportive Services Program, for this substandard care. Though this kind of abuse of taxpayer dollars is not rampant, we know it exists ...

Source: www.latimes.com --- 18 hours ago
The state's budget crisis is likely to make financing to bridge the gap between current cash needs and future tax revenue more complicated and expensive. Wall Street is looking forward to learning California's short-term borrowing plans -- once Sacramento produces a fiscal 2010 budget more or less in balance. ...

Source: www.latimes.com --- 18 hours ago
The bank warns it will halt the transactions after July 10. Some other big financial institutions follow suit. Bank of America Corp. set the tone for the banking industry's response to California's decision to issue IOUs. ...

Source: www.sacbee.com --- 6 hours ago
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Source: paul.kedrosky.com --- 7 hours ago
Nice to have a firm date for when California must have a budget and stop shopping IOUs. Here is Wells Fargo from a release yesterday: Wells Fargo & Company (NYSE:WFC) said today it will accept registered warrants issued by the State of California from its retail and business customers for a limited time. It will begin accepting the registered warrants for deposit on July 2, 2009 and stop accepting them no later than July 10, 2009 . “We’re very disappointed, as are many Californians, that California has taken the unfortunate step of issuing IOUs in lieu of its payments to some businesses and individuals,” said Lisa Stevens, head of Community Banking for Wells Fargo in California. “Wells Fargo has a long history of taking extraordinary measures to help our customers and will accept registered warrants from our customers, but only for a limited time, to allow them time to make other arrangements. We are reluctant to take this step, but are doing so to help our customers who are not at fault and with the expectation that the Legislature and Governor will complete the budget within days. We join all Californians in urging our Legislature and our Governor to take the appropriate steps as soon as possible to resolve this budget crisis.” [Emphasis mine] ...

Source: www.huliq.com --- 13 hours ago
A 6.0 earthquake struck Friday morning in the Gulf of California off the western coast of Mexico, the U.S. Geological Survey reports. ...

Source: www.oem.com.mx --- 9 hours ago
El Servicio Sismológico Nacional reportó este viernes por la mañana un sismo de 6.0 grados en escala de Richter, que sacudió al Golfo de Baja California Sur. ...

Source: www.mcclatchydc.com --- 11 hours ago
SACRAMENTO — For just the second time since the Great Depression, California began paying some of its bills with IOUs Thursday, as this year's version of the state's annual budget battle dragged on. ...

Source: www.sacbee.com --- 18 hours ago
They're gone – for now. The California Franchise Tax Board announced the end Thursday to new applications for a $10,000 state tax credit that was snapped up faster than expected by buyers of new, unoccupied houses. "We're not taking any more applications," confirmed tax board spokeswoman Brenda Voet. The move, announced after just 124 days and during the busiest time of the homebuying season, called for a midnight Thursday deadline to shut off the fax machine accepting applications. The agency said it expected earlier in the day to exceed its limit of 12,000 applications for 10,000 tax credits. The tax agency took 2,000 extra applications because many it received have been duplicates, invalid or incomplete, it said. But Thursday's action may not be the last for a credit that many say has factored into their buying decisions. California home builders are working on proposed legislation that could, if passed, extend the credit to still more buyers. The tax credit, which arose from a $100 million deal to win a vote during February's contentious budget standoff, went into effect March 1. Original expectations of California's home building industry, which pushed the credit to help it sell thousands of finished, but unsold homes, was that it would last up to a year. Builders have been in a downward spiral since 2006 as bank repos have come to account for half or more of home sales. Builders are proposing legislative changes as early as ...

Source: www.inhabitat.com --- 10 hours ago
Building a home in the desert is certainly a test of green building innovation — because in a climate where resources are limited, how do you build to ensure comfort and longevity? Architect Lloyd Russell offers a beautiful solution with his Austin Residence near Palm Springs, California. Besides its construction out of recycled materials, Russell [...] ...

Source: topnews.us --- 13 hours ago
California.jpg Dispelling fears about the seemingly difficult encashment of the "registered warrants" - IOUs - issued by California State to government vendors and taxpayers, banks and local credit unions have announced their decision to honor the warrants. read more ...

Source: www.bing.com --- 14 hours ago
SAN FRANCISCO (Reuters) – Top California lawmakers raised hope on Thursday that an elusive budget deal could be at hand, as officials began issuing billions of dollars in "IOUs" to avoid a cash crisis on the second day of a new fiscal year without an agreement to balance the state's books. "I ... ...

Source: www.bing.com --- 15 hours ago
LOS ANGELES — An ever-widening budget gap joined with intractable political paralysis to deliver California its biggest fiscal blow in decades on Thursday, when the state’s controller began printing i.o.u.’s in lieu of cash to pay taxpayers, vendors and local governments. It was only the ... ...

Source: www.bing.com --- 15 hours ago
LOS ANGELES — An ever-widening budget gap joined with intractable political paralysis to deliver California its biggest fiscal blow in decades on Thursday, when the state’s controller began printing i.o.u.’s in lieu of cash to pay taxpayers, vendors and local governments. It was only the ... ...

Source: www.bing.com --- 17 hours ago
The clogged tourist travel route between Southern California and Las Vegas has been designated a federal high-speed rail corridor, in a move that officials hope would signal increased cooperation between the regions on building speedier train travel. U.S. Transportation Secretary Ray LaHood ... ...

Source: www.bing.com --- 18 hours ago
LAS VEGAS (AP) — The clogged tourist travel route between Southern California and Las Vegas has been designated a federal high-speed rail corridor, in a move that officials hope would signal increased cooperation between the regions on building speedier train travel. U.S. Transportation Secretary ... ...

Source: www.bing.com --- 18 hours ago
LAS VEGAS (AP) — The clogged tourist travel route between Southern California and Las Vegas has been designated a federal high-speed rail corridor, in a move that officials hope would signal increased cooperation between the regions on building speedier train travel. U.S. Transportation Secretary ... ...

Source: www.starpulse.com --- 9 hours ago
Asia Society Southern California's Annual Gala Dinne ...

Source: www.mahablog.com --- 9 hours ago
Gary Kamiya has a great piece at Salon called “Californians are sinking themselves.” He makes a similar argument I have made in the recent past, that while California’s politicians are the ones directly responsible for the fiscal mess its in, the ultimate responsibility is with the citizens of California. Kamiya catalogs the causes of the [...] ...