Wednesday, October 22, 2008

LA Daily Blog UPDATE -- ODDS AND ENDS

COUNCIL AUTO-RAISES: With the financial crisis the City of Los Angeles is facing, and the Villaraigosa issuing another "belt-tightening" memo that includes "urging" Council to issue a moratorium on Special Event Fee waivers -- SHOULDN'T COUNCIL REJECT THEIR AUTOMATIC PAY RAISES THAT THEY ARE ABOUT TO RECEIVE. When the dumb "auto-law" was passed, the City hadn't tripled the trash collection fee to $68 a month; added Prop S phone tax; or add all these new bonds and taxes on the ballot.

CM DENNIS ZINE PROMISES SURPRISE GUEST FOR SPECIAL ORDER 40 DISCUSSION:
Next week, October 27th is the date that Jackass Weiss' committee will hear the Zine/Smith motion regarding Special Order 40, and Zine just told Kevin James on 870 KRLA radio that there will be a very credible, special guest who will be testifying. (Sounds like Gates.) Zine also added that he believes Chief Bratton will have made his clarification on S.O. 40 by the meeting. And Zine plans on discussing everything including Jamiel's Law. Wonder if the LA Times will be showing up.

ZUMA DOGG SAYS "YES ON PROP 11": Bill for his comments on Prop 11 when they bumped into each other in the rotunda of City Hall. And here's how you REALLY know it's a "Yes on 11"...Zuma Dogg would like to thank CouncilmemberRosendahl for publicly acknowledging on TV 35, during the council meeting that ZumaDogg helped change his opinion to a "Yes" on Prop 11 (adding that, "Zuma Dogg has some good things to say!") And thank you to City Controller Laura Chick for stopping to thank Zuma DoggALARCON IS ADAMANTLY OPPOSED TO IT. And got all huffy blaming on the Republicans who are just upset that they haven't "seized" control of the State. (I didn't know it was a conquest to "seize" Richard!?!?)

KEVIN RODERICK SPEAKS WITH RICK CARUSO: Zuma Dogg says Caruso HAS already made the decision to run, a long time ago. But now it might be time to finally admit it.

From: LA Observed

I caught up with Rick Caruso tonight at The Grove — not by accident — and asked if he intends to go for it and challenge Mayor Antonio Villaraigosa's reelection next year.

Caruso hedged, of course; he said his decision should be made by the end of next week. But he cited family concerns as his lone remaining hesitation. In Matthew Fleischman's solid profile last week in LA Weekly, Caruso is quoted saying “I’m only going to run if I think I can win." So his comment to me tonight — "It's winnable...I would win" — sounds like movement.

Full Post: http://www.laobserved.com/archive/2008/10/caruso_i_can_win.php

CalPERS' portfolio value rocked by market volatility

The fund's value has fallen 20% since July 1. The loss could lead to increased contributions from state and local government and school district employers.

Volatile stock and commodities markets have slashed the portfolio value at the nation's largest public pension fund by more than 20% since July 1, the California Public Employees' Retirement System reported Wednesday.

SEE THE PUBLIC COMMENT THREAD: A LOT OF GOOD STUFF FROM ZUMA'S EMAIL INBOX. Click here for comments

Z.A.P. (Zuma's Action Plan) FINAL ELECTION RALLY AND PARKING LOT FAIR!
SATURDAY NOVEMBER 1st - 8AM
Casa Princesa Parking Lot
York Blvd & Ave 45



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