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The fatuous anxiety of the banks

Several of the state's leading banks, meanwhile, said they would accept the IOUs, formally known as registered warrants, but only until July 10. Others had not decided yet.
"Given the poor credit rating of California – the worst in the nation – banks may be hesitant to extend credit to the state," Rod Brown, president and CEO of the California Bankers Association, said in a prepared release. -- Sacramento Bee, July 3, 2009

7-6-09

 
7-6-09
Merced Sun-Star
Water officials fear Calif. Aqueduct could sink...TRACIE CONE, Associated Press Writer
http://www.mercedsunstar.com/280/v-print/story/935376.html
FRESNO, Calif. - Fearing the main canal carrying drinking water to millions of Southern Californians is sinking again, water officials are monitoring the effects of incessant agricultural pumping from the aquifer that runs under the aqueduct.

7-4-09

 
7-4-09
Merced Sun-Star
Calif. bullet train hits criticism on SF Peninsula...STEVE LAWRENCE, Associated Press Writer
http://www.mercedsunstar.com/280/v-print/story/933361.html
MENLO PARK, Calif. Last November, more than 60 percent of voters on the San Francisco Peninsula supported a $9.9 billion bond measure to help pay for a high-speed rail line between San Francisco and the Los Angeles area.

7-3-09

 
7-3-09
Merced Sun-Star
HUD secretary announces possible help for homeowners in trouble...SCOTT JASON
http://www.mercedsunstar.com/167/v-print/story/932553.html
U.S. Housing and Urban Development Secretary Shaun Donovan stood Thursday in front of two foreclosed houses on Saddleback Court to reiterate his plan to offer more help to the nation's distressed homeowners.

7-2-09

 
7-2-09
Badlands Journal
And once again we approach the topic of leadership...Badlands Journal editorial board
http://www.badlandsjournal.com/2009-07-01/007301
In May, Merced County official unemployment rate fell to 17.3 percent. -- Badlands
Dated
Merced County Economic Development Corporation
The New California      

Salazar Announces Aid to Valley Agribusiness, But Doesn’t Endorse Canal...

6-29-09
San Francisco Bay Area Indymedia

Salazar Announces Aid to Valley Agribusiness, But Doesn’t Endorse Canal

Before a crowd of over 800 people, Interior Secretary Ken Salazar on June 28 announced steps the Obama Administration is taking in response to agribusiness claims of drought impacts on the San Joaquin Valley...Dan Bacher 
http://www.indybay.org/newsitems/2009/06/29/18604617.php

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