News about business and the economy from a wide variety of sources. (Click on the headlines to access the entire story from the original source.) From the Los Angeles Times: Obama proposes strong new regulations on banks Obama essentially seeks to return to rules, repealed in 1999, that prevented bank holding companies from owning both [...]
Entries Tagged as 'Governor Schwarzenegger'
This week’s leading indicators
January 17th, 2010 · No Comments · News and Information, Opinion, recession, Uncategorized
Tags:business·business growth·California·California government·Governor Schwarzenegger·Pasadena Chamber·recession·stimulus·taxes·unemployment
Governor's State of the State identifies jobs as number one priority
January 10th, 2010 · No Comments · California government, economy, government reform, Uncategorized, unemployment
From the LA Times: THE WEEK Six years later, California’s priority is still jobs Schwarzenegger’s last State of the State address was a weary and more realistic echo of his first. By Cathleen Decker January 10, 2010 There was a sobering symmetry between the first State of the State speech offered by Gov. Arnold Schwarzenegger [...]
Tags:business·business growth·California·California government·economy·Governor Schwarzenegger·Pasadena business·Pasadena Chamber·recession
Of course, California's leadership has yet to face our biggest challenge
November 17th, 2009 · No Comments · California government, economy, government reform, News and Information, Opinion, recession, Uncategorized, unemployment
LA Times reports: California faces a projected deficit of $21 billion The legislative budget analyst’s projection, to be released Wednesday, threatens to send Sacramento back into gridlock and force across-the-board cuts to state programs By Shane Goldmacher November 17, 2009 | 6:45 p.m. Reporting from Sacramento - Less than four months after California leaders stitched together a patchwork [...]
Tags:budget·business·business growth·California·California government·deficit·economy·Governor Schwarzenegger·legislature·recession
There is a problem, but Californians don't think it's the Constitution
November 9th, 2009 · No Comments · California government, government reform, News and Information, policy, Uncategorized
The Los Angeles Times reports that a poll of Californians shows voters firmly opposed to Constitutional fixes. Apparently, voters see the problem as lying in those they elected, not the constraints placed upon those elected officials by initiatives, including Proposition 13. Interestingly, voters polled showed very strong opposition to the split roll plan that would [...]
Tags:business·California·California government·Governor Schwarzenegger·reform
Another call for a Constitutional Convention to address California's problems
September 20th, 2009 · No Comments · California government, Opinion
This time it’s the LA Times: Taming the California beast So many problems, so many competing interests — only rewriting the Constitution will do. It’s not always easy to identify the tentacles that are strangling California and keeping it from fulfilling its promise for 38 million residents. Who wrecked our public school system, which was [...]
Tags:business·California·California government·constitutional convention·economy·government reform·Governor Schwarzenegger·LA Times
California continues to lead
September 18th, 2009 · No Comments · California government, environment, resources, water
A terrific article in The Atlantic delineates California’s leadership in environmental stewardship. ENERGY OCTOBER 2009 ATLANTIC Busted budgets, failing schools, overcrowded prisons, gridlocked government—California no longer beckons as America’s promised land. Except, that is, in one area: creating a new energy economy. But is its path one the rest of the nation can follow? by Ronald Brownstein The [...]
Tags:business·California·energy·environment·Governor Schwarzenegger·water
Another voice seeking Constitutional Convention for California
September 7th, 2009 · No Comments · California government, economy, government reform, News and Information, Opinion, Uncategorized
The Star-News’ Larry Wilson came out in favor of examining the state constitution at a Constitutional Convention: Larry Wilson: Time to focus on reform of state’s constitution It’s hard in the midst of a murderous natural disaster to focus on other problems and opportunities. Last week, in the smoke, it was hard to focus [...]
Tags:business·business growth·California government·constitutional convention·economy·Governor Schwarzenegger·reform·taxes
Even sex is having a hard time in this economy
August 17th, 2009 · No Comments · economy, News and Information
It’s a tough market out there when even sexy (and sex related) business have to cut back or search for broader markets. From the Los Angeles Business Journal: Posted date: 8/17/2009 Sex Doesn’t Sell Frederick’s tones down to get on mass-market racks. By DAVID HALDANE Los Angeles Business Journal Staff Linda LoRe, president of Frederick’s [...]
Tags:business·business growth·California·Governor Schwarzenegger·LA Business Journal·lingerie·local·porn·recession·sex·stimulus·taxes
Some indicators
August 16th, 2009 · No Comments · economy, News and Information, recession
LA Times reports trouble at the ports: not enough coming in or going out. Reports say to expect it to take four years for port activity to completely recover. Grim forecast for L.A. and Long Beach ports The busiest U.S. seaport complex won’t fully recover from the economic downturn until 2013, a report says. Imports [...]
Tags:business·business growth·Chamber of Commerce·economy·Governor Schwarzenegger·L.A. Times·London Times·Pasadena business·Pasadena Star-News·recession·small business·stimulus·taxes
Budget deal struck for California
July 21st, 2009 · No Comments · News and Information, Opinion, policy
News reports indicate that yesterday our legislative leaders and governor came to agreement on a budget deal. Indications are it could be voted on by the Assembly on Thursday. Some high points: No big tax increases. The budget depends on deep program cuts. Local governments would lose billions, both in transportation funding and redevelopment monies. [...]
Tags:business·business growth·economy·Governor Schwarzenegger·Pasadena business·recession·stimulus·taxes