So far this year, three California cities have filed for bankruptcy protection, and it’s likely they will be joined by at least a few others in the not-too-distant future.
That’s not merely journalistic speculation. Moody’s Investment Service, which closely monitors state and local governments for the huge municipal bond industry, issued an unusual public warning the other day that other California cities may be headed down the same path.
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By:
Phil Ting
10/21/12 8:23 PM
Nearly six months ago, the nation’s five largest loan providers — Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo — agreed to the $25 billion National Mortgage Settlement in response to the ongoing foreclosure crisis.
The terms of the settlement just went into full effect.
Thanks to California Attorney General Kamala Harris, almost half the settlement — $12 billion — was set aside for our state.
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By:
John Avalos
10/18/12 7:35 PM
In the last few days, I and other colleagues have received numerous calls and correspondence in response to the vote to reinstate Sheriff Ross Mirkarimi. I want to thank everyone who took the time to communicate with my office, whether in support, anger or disappointment. I truly appreciate the critical and thoughtful comments, as well as the passion and strong feelings expressed.
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By:
Mayor Ed Lee
10/17/12 7:03 PM
As the Innovation Capital of the World, San Francisco is home to the world’s top technology and creative talent.
To continue attracting top talent and companies such as Pinterest and Twitter, I have created an environment where we embrace and celebrate innovation.
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By:
San Mateo County political group
10/16/12 8:46 PM
San Mateo County is the only California county that elects its Board of Supervisors in countywide elections. All other counties elect supervisors within individual districts. Voters have an opportunity to replace countywide elections with district elections by approving Measure B this November.
District elections are the better choice as they lower taxpayer costs and promote more competition, accountability and citizen involvement.
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By:
Rev. Canon Sally G. Bingham
10/14/12 8:13 PM
After many years of ministry devoted to deepening the connection between ecology and faith, I have come to realize that most people have a strong sense of the divine in nature. Nature, for many, is the place where we meet God and taste the beauty of creation. San Franciscans especially thrive on the natural wonder around us and have been famously progressive and forward-thinking when it comes to sustainable living and preservation of our natural resources.
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By:
Dave Quast
10/12/12 6:11 PM
When the recent debate over hydraulic fracturing in California first got started, Gov. Jerry Brown made a statement that’s worth recalling: “California is the fourth-largest oil producing state and we want to continue that.” Fortunately, we have the resources and the technology to ensure we remain a leading energy producer.
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For decades, it’s been the California Legislature’s practice to ask voters every few years to approve a statewide education bond issue, providing funds to expand and rehab local schools, community colleges and state universities.
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By:
Ed Reiskin
10/04/12 7:24 PM
This weekend, San Francisco will see more than 1 million visitors attending a number of exciting events taking place in our city.
Major events include: the America’s Cup World Series at Marina Green; Fleet Week on the northern and eastern waterfront; Hardly Strictly Bluegrass in Golden Gate Park; the Castro Street Fair; the Italian Heritage Parade from Fisherman’s Wharf to North Beach; 49ers football at Candlestick Park; and Giants playoff baseball at AT&T Park.
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By:
Steve Falk
10/03/12 5:08 PM
San Franciscans will start weighing in on education, taxes and other critical issues next week when absentee and vote-by-mail ballots start arriving in mailboxes across The City. And with 18 state and local measures, this year’s election presents a lengthy list of complex — and significant — choices that will have a lasting impact on the economy and the quality of life for city residents.
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