FROM Eric Bailey
Family Feud Breaks Out in Speaker's Race The Latino caucus in Sacramento is growing fast, but it's losing its solidarity. Instead of settling their differences in private, three Latino Democrats from Los Angeles are conducting a very public fight with leadership of the State Assembly at stake. A veteran Latino politician says his colleagues are airing their "dirty laundry" in the fight. Can Republicans take advantage?
Start the Presses for the State IOU's The State of California is printing up 28,742 IOU's for $53.3 million. If the state has the money on October 2, they can be redeemed with interest at 3.75%. In the meantime, the California Bankers Association says banks “ may be hesitant ” to accept them. Eric Bailey is in Sacramento for the Los Angeles Times .
Draconian Cuts Necessary to Balance California's Budget Faced with a $21 billion deficit that appears to be rising, Governor Arnold Schwarzenegger has proposed to transform California. Instead of one of the nation's most generous states to the poor, it would be one of the stingiest. Eric Bailey reports from Sacramento for the Los Angeles Times .
Is Venezuela becoming a dictatorship? Venezuela may have the world's largest oil reserves, but it's a nation in trouble… economically and politically. Is a populist promise to rescue democracy turning out to be a prelude to dictatorship?
"Tough on crime" rhetoric sees a revival at Sessions' DOJ The pendulum swings between treatment-focused approaches to drug abuse and tough law enforcement. Now, after years of Obama-era "reforms," President Trump’s Attorney General, Jeff Sessions wants local police freed from federal restrictions to fight another "war on drugs."