[LA Times] Stockton residents braced for a fateful City Council meeting on Tuesday night that could result in the city declaring bankruptcy.
The Stockton City Council will discuss whether to seek protection from creditors under the U.S. Bankruptcy Code.
The working-class port city -- where much of Caliphornia's agricultural exports set sail -- lived largely on credit during economic boom times. The city borrowed millions of dollars for ambitious, eye-catching projects in the mid-2000s. Up went a sports arena, hotel and promenade. The city booked a Neil Diamond concert as a kickoff to better times. Houses in sprawling tracts sold quickly and with high mortgages.
Posted by: Fred ||
06/27/2012 00:00 ||
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calling Stockton a 'port city' is a bit of a stretch.
Yes, it does have a port and its big and it has managed to get a lot of grants for physical improvement, However, it is only a small blip when it comes to traffic. About 100 ton equivalent units ship to or from there each year as opposed to about 2 million TEUs to/from the port of Oakland.
Posted by: Lord Garth ||
06/27/2012 18:06 Comments ||
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[CBS] Now that the politically potent National Rifle Association is keeping score, some Democrats may join House Republicans if there's a vote to hold Attorney General Eric Inaction Jackson Holder in contempt of Congress in a dispute over documents related to a botched gun-tracking operation.
The chief Democratic House head counter, Rep. the mealy-mouthed Steny StinkyHoyer ... Nancy San Fran Nan Pelosi's second banana, or plaintain, or mango, or whatever he is... of Maryland, declined to tell news hounds how many defections he expected, but acknowledged that some in his party would consider heeding the NRA's call for a "yes" vote.
The gun owners association injected itself last week into the stalemate over Justice Department documents demanded by the House Oversight and Government Reform Committee. The NRA said it supports the contempt resolution and will keep a record of how members vote.
An NRA letter to House members contended that the B.O. regime "actively sought information" from Operation Fast and Furious to support its program to require dealers to report multiple rifle sales.
The program, which began last August, imposed the requirement for sales of specifically identified long guns in four border states: Texas, Caliphornia, Arizona and New Mexico. A federal judge upheld the requirement.
Republicans want Eric Inaction Jackson Holder to become the first attorney general to be cited by the House for contempt, because he has refused to give the Oversight and Government Reform Committee all the documents it wants related to Operation Fast and Furious.
Unless a last-minute deal is worked out, always a possibility in Congress, the contempt vote is scheduled for Thursday -- the same day the Supreme Court is to announce its ruling on the legality of the nation's health care law.
A vote to hold Holder in contempt of Congress wouldn't send any documents to the Oversight committee and its chairman, Republican Rep. Darrell of Caliphornia. President Barack Obama In case you missed it, this week, there was a tragedy in Kansas. Ten thousand people died -- an entire town destroyed... has claimed executive privilege, a legal step that presidents have used to maintain secrecy of internal administration documents.
Obama invoked what is known as "deliberative process privilege," a claim designed to broadly cover executive branch documents. However Issa, in a letter to the president, said Obama was misusing the narrower "presidential communications privilege," which is reserved for documents to and from the president and his most senior advisers.
Posted by: Fred ||
06/27/2012 00:00 ||
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CNN + FOX NEWS this AM > looks like "last-ditch" talks at compromise have utterly failed.
Eric's ass is now grass - unless a miracle happens, its only a question of how many contempt-n-obstruction of Justice, Congress charges will be levied on the final list???
And iff he'll spill the beans on what the Bammer + top Admin knew???
#3
I'm betting that Team Ogabe is going to brazen this out. The MSM has so far succeeded in keeping F&F out of the consciousness of all but the most obsessive political/current affairs junkies (such as those of us here at the 'Burg). Some VERY conservative friends, who I think of as intelligent and reasonably well-informed folks, had absolutely zero knowledge of F&F until I mentioned it to them. Beside the smokescreen surrounding F&F, you have the upcoming SCOTUS ruling on Obamacare, which the MSM will damn sure use to keep F&F somewhere between the sports section and the Safeway weekly-specials ads.
Posted by: Ricky bin Ricardo (Abu Babaloo) ||
06/27/2012 1:45 Comments ||
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My sensing is a number of factors have placed Team Obama desperately on the ropes. The White house leaks scandal which is in it's infancy will surely soon begin to grow legs. The actual F&F event is now a side issue with the Nixonian cover-up the main event. Holder will likely not survive, and Articles of Impeachment could even be levied against The One. Has anyone seen Joe Biden recently? While I joined yesterday's chorus of Jimmy Carter mockers, he's got a point with the Drone Zapping, which is gaining negative momentum with our "friends" overseas. Add to this the issue of presidential toxicity and the declining turn out at the Democratic Convention [soon to be held at a cabin on Lake Norman]. With the anticipated sinking of Obama Care this week, he'll likely throw out some wild-eyed EO counter punch distraction, that will grab the news and anger many. Obama's "Good War" in Afghanistan is developing a very serious case of the suck, as are our relations with Pakistan, Turkey, Syria, Egypt, and Russia. Lastly, as campaign financial backers sense a potential November loser, Team Obama's resources are rapidly being depleted. No tickie, no ride.
Aside from a rained out golf game this week end, about the only thing that could make this month worse for Team Obama would be a scandalous Rielle Hunter-Lite [white woman in the oval office] disclosure or a Condi Rice decision to run as Mitt's VP candidate.
If we must, I for one am totally on board with a Biden - Pelosi ticket.
#5
Bezo, "Holder will likely not survive, and Articles of Impeachment could even be levied against The One"
Doesn't take any notice of the time factor. It is little more than 4 months till the election and most of that will be taken up with campaigning and vacationing. Holder may quit but that's about all that could happen before Nov.
Everything else will be postponed to next year and depending on the winners and losers all bets are off.
Keep hammering this to kill off any hope of Zero winning but with the MSM proclivities that may not be enough.
#9
The significant piece not yet picked up on by the MSM or COngress appears to be the coincidence of F&F and the opening to Mexican Law Enforcement of the ATF weapon tracking database. One site was put in the US Embassy in Mexico City and Mexican LE was allowed to run guns associated with cartel violnce against the US database. So the data would make it look like the bulk of cartel violence was from weapons from US gun shows and dealers. Only one problem, the database does not reflect the serial numbers of US Military Weapons, specifically all those given to Latin American governments, both US made and foreign made, and which have been sold out the back of the armories to the Cartels. So even though the majority of major cartel violence might be with milspec weapons, only the ones run against the ATF database would be linked to the US. Gee, does it look a little clearer now?
Posted by: Water Modem ||
06/27/2012 11:12 ||
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These people should be mocked for the rest of their lives. You should not be able to say the names "Hillary Clinton" or "Barack Obama" without someone responding "smart diplomacy!" to raucous laughter.
Posted by: Andy Claique6507 ||
06/27/2012 15:15 Comments ||
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Putin is the new leader of Russia. People will have to deal with that. This writer wrings his hands in defeat. Putin seams to be a strong leader and will simply do what leaders do to benefit his home country and surrounding areas. My belief is the Russian people don't want war period. Putin must deliver a strong economy. Should he fail he will face country wide anarchy. He respects strong leadership in my opinion. I am hoping Romney will deliver that leadership and reestablish a working relationship. Our media prays upon fear much too often.
Other than her conservatism, there is little about Mia Love that doesn't stand out in Utah. She is a black Republican, a 36-year-old mother of three, a fitness instructor and mayor of a growing town.
Now, her congressional race against a popular incumbent whom Republicans have struggled to defeat has made Love a minor celebrity among GOP stalwarts. She may be the reason Rep. Matheson has decided to vote AG Holder in contempt
She recently introduced herself to a group of teachers, standing in the gilded state Capitol, which historically has been the domain of white men, by describing her Haitian American father.
"He said: 'Mia, your mother and I never took a handout. You will not be a burden to society,' " she said with a stern smile. " 'You will give back.' "
Most of the teachers already knew of Love, whose race against six-term Rep. Jim Matheson (D) has become one of the country's most closely watched congressional contests.
If she wins, not only would she help Republicans keep control of the House, but she would become the first black Republican woman to serve in Congress. Love, who is Mormon, also could go a long way toward helping presidential candidate Mitt Romney, putting a fresh face on his church and his party as both try to appeal to an increasingly diverse nation.
As a result, independent groups and both political parties are expected to pour millions of dollars into the contest. The race, in a district where Republicans have dominated, is rated a toss-up by the Cook Political Report.
Republicans are effusive about their candidate.
"Mia has a great opportunity to extend the message of liberty and economic freedom in ways that a lot of us can't, and we're excited about that," said House Budget Committee Chairman Paul Ryan (Wis.) after hosting a fundraiser for her in Park City on Friday night.
It was only two months ago that Love caught statewide attention at Utah's Republican convention, where she blew her opponents out of the race by winning support from 70 percent of the delegates. Under the state's primary rules, candidates with at least 60 percent go into the primary election unopposed.
Without an opponent in the primary Tuesday, Love has been able to spend her time raising money, preparing for the match-up against Matheson and raising her profile. She has not shied away from the provocative, saying that "government is not your salvation" and pledging to join the Congressional Black Caucus to take it apart "from the inside out."
"Mia Love is the type of candidate that Republicans have been trying to recruit," said Jessica Taylor, a senior analyst at the Rothenberg Political Report. "On paper, this is a district that they should have won awhile ago."
Love is running in a congressional district created in 2010 amid negotiations to give Washington, D.C., a vote in the House. Utah's new congressional map carved up Matheson's old district, tossing in even more Republicans. So he hopped to the newly drawn 4th district, which contains about a third of his old territory. If you care to donate
Yet another possible setback for the Democratic party. According to the Saint Louis Beacon, Missouri senator Claire McCaskill ...Now, why would I pay taxes on my airplane? Send the bill to the taxpayers!... , who is in the middle of a tough reelection fight, might skip the Democratic convention in September.
"A campaign aide said the senator's schedule for September was still in flux," the Beacon reports. "McCaskill expects to be in a tough re-election battle."
Posted by: Fred ||
06/27/2012 00:00 ||
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The Democrat charged with trying to win back the House majority is telling his candidates that it's OK to skip the party's national convention.
Rep. Steve Israel, chairman of the Democratic Congressional Campaign Committee, told a gathering hosted by Reuters his advice has nothing to do with President Obama.
That's his story and he's sticking to it. Alternate headline--Titanic goes down as passengers frantically rearrange the deck chairs while the crew yells--"Everything is O.K.
The Virginia governor indicated on Tuesday the Mitt Romney camp might be considering him for vice president.
Gov. Bob McDonnell shifted from his usual response when questioned about a potential vice presidential bid while speaking on WTOP's "Ask the Governor." He had previously indicated he was not actively seeking the position, but might consider it if asked.
On Tuesday, he told WTOP he would not comment now that Romney is openly vetting candidates, such as Sen. Marco Rubio, R-Fla., a Tea Party favorite.
"I'm not discussing the vice presidential vetting process," said McDonnell, the governor of the nation's top state for business, according to a 2011 study. "You can address those questions to the Romney campaign."
The change in tone indicates he might soon become one of the other public figures Romney is now openly vetting for the position.
Posted by: Fred ||
06/27/2012 00:00 ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
the mealy-mouthed Steny 
Yet another possible setback for the Democratic party. According to the Saint Louis Beacon, Missouri senator 
