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FROM THIS EPISODE

A worst-case budget plan could mean 8000 layoffs at the LA Unified School District.  Also, there's a new voice at City Hall, and life is going to be different in the City of Vernon.  On our rebroadcast of today's To the Point, the TARP bailout will cost $200 billion less than expected, and President Obama wants the money to help create jobs. Republicans want it to pay down the deficit. We hear about the President's plans and their prospects.  

Producers:
Gary Scott
Andrea Brody

Main Topic LA Schools Face Another Round of Cuts 10 MIN, 29 SEC

The LA Unified School District faces a $470 million deficit, and the elected board is threatening to cut some 8000 jobs by next fall.  Some 700 teachers rallied outside district headquarters this afternoon.    

Guests:
Tanya Anton, Parent, Community Magnet Charter School
David Tokofsky, Associated Administrators of Los Angeles

Reporter's Notebook The Curious Case of the City of Vernon 6 MIN, 25 SEC

You might never have heard of Leonis and Dominica Malburg — both in their 80's — but their conviction of fraud and conspiracy is big news in the City of Vernon, an industrial town of less than 100 people in southeast Los Angeles County. Malburg's grandfather founded Vernon, and Malburg was Mayor and City Councilman for more than 50 years.  But he and Dominica were convicted of an elaborate scheme to show that they actually lived there, when they really lived someplace else. Hector Becerra reported on last week's trial for the LA Times.

Guests:
Hector Becerra, Staff Writer, Los Angeles Times

Main Topic Obama's Plan for Creating Jobs 27 MIN, 49 SEC

The President is on his way to Europe to pick up his Nobel Peace Prize, but early today he met with leaders of both parties to talk about jobs. Afterward, he repeated the outline of a plan proposed yesterday in a speech in Washington.

Guests:
Krishna Guha, US Economic Editor, Financial Times
Tom Kochan, Professor of Management, MIT Sloan School of Business
Bruce Bartlett, Fiscal Times
Daniel Gross, Daily Beast (@grossdm)

Making News Krekorian Wins a Seat on the LA City Council 8 MIN, 45 SEC

In yesterday's special election to the LA City Council, State Assemblyman Paul Krekorian was outspent two to one. The City's most powerful unions endorsed his opponent, Christine Essel, as did Mayor Villaraigosa and Wendy Greuel, who left the seat vacant when she became City Controller. But yesterday, Krekorian won.

Guests:
Paul Krekorian, Los Angeles City Council (@PaulKrekorian)

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