Big banks have ended their moratoriums, and home foreclosures are on the rise— as the President’s “homeowner rescue” plan is just kicking in. Also, Californians don’t want more oil drilling off the coast. What about windmills? Whatever happened to spending limits on state campaigns? And what’s the legacy of Esa-Pekka Salonen?
FROM THIS EPISODE
Fannie Mae, Freddie Mac and a lot of big mortgage banks have quietly ended their moratoriums on home foreclosures. The foreclosure listing firm Realty Trac reports today that the number of households threatened with losing their homes jumped 24% in the first three months of this year.
California’s next election is exactly a month away, featuring six propositions on state finance. Interest groups on all sides will be doing a lot of spending. In 2000, voters passed Prop 34 to limit the influence of money, but it hasn’t worked out that way. Campaigns for candidates and ballot measures have raised more than one billion dollars in the past 8 years—344,000 dollars a day…14,000 dollars an hour…24/7…365 days a year. hat’s according to a report called “The Billion-Dollar Money Train,” issued by the state’s Fair Political Practices Commission.
Ross Johnson, Chairman, California Fair Political Practices Commission
In San Francisco today, Interior Secretary Ken Salazar has been chairing a hearing on oil drilling off the shores of California. The Bush Administration left behind a proposal to offer 44 million acres off the coasts of Mendocino and Humboldt counties up north and 89 million acres of the counties of San Diego, Ventura, Santa Barbara and San Luis Obispo.
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Then and Now: Is LA Still the Car Capital of the World? Urban planners got some bad news today. Ridership on public transit in Southern California is on the decline, despite the billions being spent in recent years to build light rail and subway lines. Why aren't more drivers leaving their cars at home, as traffic gets more congested than ever? Meantime, there's a shortage of money to repair aging roads, bridges and other parts of the infrastructure. We look at the impact on the state's economy.
Does California Have a Double Standard for the Public's Protection? Porter Ranch and Vernon are mirror images of each other. In one, schools have been closed and thousands of residents are being moved away by the polluter—just months after a natural gas leak was discovered. In the other, residents complained for years about health risks to school children from exposure to lead and arsenic from a battery recycling plant— until the federal government finally stepped in.
Is 'Warfare' a Thing of the Past at the LAPD? Video of police misconduct wasn’t as common 25 years ago as it is today. The spectacle of LAPD officers beating Rodney King was a wake-up call, but didn’t persuade a jury in Simi Valley. When the cops received not-guilty verdicts, the city exploded. We hear from veteran officers who say they’ve changed. What about their tactics? Have they gained the trust of marginalized communities and people of color?
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