Keyword: sacramento
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The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce. The Sacramento area jobless rate fell to 7.8 percent in May, down from a revised 8.2 percent in April, according to statistics released Friday by the state Employment Development Department. The statewide jobless rate dipped to 8.6 percent last month, down from 9 percent in April, 9.4 percent in March and 10.7...
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A consortium of Seattle businessmen offered to pay $365 million for a controlling 65 percent interest in the Sacramento Kings, (snip). A competing group offered $341 million to keep the team in SAC (snip) or $35M less. At first glance this seems perverse. (snip) Well, it seems to all go back to the arena. You see, in addition to offering $365 million for the team, the Seattle bidders were offering to build a brand new arena for the Kings. By contrast, the Sacramento bidders managed to persuade the city of Sacramento to build a brand new arena for the Kings....
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Suspected tagger found dead, hanging 9 stories up on office tower A man whose body was found hanging from a downtown Sacramento building Monday, nine stories up, appears to be a tagger who was attempting the vandalize the property, authorities say. The man had used rope to tie himself in a seated position like a rappeller, authorities said. The rope was tied off with a window washing anchor, and fire officials believe that that anchor could have held his weight. But they don't think he was a window washer.
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Last weekend, Phil Mickelson threatened to move out of California over the onerous tax hikes imposed by Jerry Brown and the Democratic supermajority in Sacramento. Mickelson later apologized for his outburst, although I'm not sure why; he has just as much right to complain as anyone else. CNN Money later attempted to correct Mickelson, saying that his total tax rate was somewhere around 53%, not 62%, but I'm not sure that was much comfort, nor an effective rebuttal to Mickelson's point.As it turns out, Mickelson's not the only sports entity looking at a Golden Gate exit. Forbes noted that one...
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County board votes to rescind airport privatization approval... After close to one year of lobbying efforts and a public campaign, the American Federation of Government Employees—the union for TSA workers in Sacramento and nationwide—today applauded the Sacramento County Board of Supervisors for voting to rescind its approval for Sacramento International Airport to be allowed to privatize, or use corporate airport screeners in place of federal employees.
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SACRAMENTO (CBS13) – A Sacramento man scanning the night sky caught a sudden burst of light through his telescope. He recorded that strange sight with his smart phone. CBS13 shared the video with experts to see if they could solve the mystery. This mysterious little tale begins earlier this week when Good Day Sacramento’s Cody Stark got this message on Facebook: “I have something on video no one has ever seen. I had my telescope out, caught an explosion in space. Wanna see the video?” Cody’s response? Absolutely! The video was shot with an iPhone through the eyepiece of a...
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The New Year's Eve fireworks celebration in Old Sacramento ended tragically before it had even begun: Someone pulled a gun during a fight inside the Sports Corner Cafe around 9:40 p.m., and now two people are dead three more have been shot, according to police. The midnight display was cancelled. An eyewitness, who provided her name but asked not to be identified, was walking outside the bar when said she heard several gunshots. She said she ducked under a stairwell, turned, and saw a young man in a white hoodie run outside the door, pull out a handgun, turn it...
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SACRAMENTO (CBS13) – A poll worker is out of a job, and she says it’s all because of an email she sent her supervisor. The woman says she was concerned about poll inspectors coming to Sacramento for Tuesday’s election. Shannon Lewis has been a poll worker in Sacramento for 15 years. She said she sent that email and was fired 10 minutes later. “I just tapped out a really fast email,” said Lewis. But that quick email ended Lewis’ 15 year job as a Sacramento County pollster. “I just wanted to get my feelings known and get an answer to...
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Revenue from Consumer sales fell a whopping 33.5 percent or $475 million, further demonstrating a severe reality check for the Golden State’s recovery plan. Decades of poor leadership from the state capital have contributed to an unsustainable yearly budget which means California voters must either substantially raise taxes or cut, cut, cut. All the accounting gimmicks have failed, Obama’s stimulus dollars only postponed the inevitable, Facebook’s shares have crashed, taxpayers haven’t approved a tax hike in the past few elections as their wallets are empty, the high-speed train to nowhere will only add to the state’s budget crisis and now...
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WASHINGTON -- Federal Reserve Chairman Ben Bernanke says students need to be careful when investing in their education. Bernanke says taking on debt to pay for college can be an important way of increasing one's earning potential. But higher education can also become a financial burden if it doesn't lead to a good job, he warns.
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Jimmer Fredette was Jimmer Fredette again Monday night, burying jumpers and runners and generally looking like the scoring machine that created so much hype back in his halcyon days at BYU. But all is not well for the second-year Kings guard, even with the 30-point outing he unleashed in a summer league game against the Rockets at UNLV's Thomas & Mack Center. Just minutes before hitting the floor, he received word that the Kings had signed veteran point guard Aaron Brooks and thus moved him even further down the team's depth chart.
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by John HillStand With Arizona It's no contest. It's not even close. California is America's undisputed "Sanctuary State" for illegal aliens. And now, in their hysteria over the recent U.S. Supreme Court ruling upholding the central provision of Arizona's S.B. 1070 - that requires police officers to check the immigration status of people they stop - California legislators are setting new lows in contempt for the rule of law. The California Senate on Thursday passed a bill supporters dub the "anti-Arizona" law, which seeks to "shield illegal immigrants from status checks by local police" and which even welcomes in illegals from states such as Arizona. The...
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When guilt is demonstrable, confession is the best bet. So allow me to confess: as the California’s Director of Finance for four years, I did some stupid things. Let’s take a few examples and see if they help the casual observer to better understand how government, or at least how the Golden State’s’ budget process works – or fails to work.
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Not too many people get excited about dry budget numbers. Most people care instead about what’s behind those numbers — how much of our money will the government take, what kinds of services will it provide? Indeed, those programmatic and policy questions are far more important than the latest assessment of how bad our fiscal situation is. They’re also the subject of the remainder of this week’s conversation on these pages. As a former Director of Finance for the state, it falls to me to give an overview of the arithmetic and the budget process. Bear with me: you’ll laugh,...
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Labor unions and business interests have been quietly raising millions of dollars and testing campaign messages for months, girding for a brawl over a November ballot measure that could fundamentally shift political power in Sacramento. Now, on the heels of an election that saw unions handed a major defeat last week in Wisconsin, the opposing camps in California soon will launch a campaign battle likely to consume $50 million or more in political spending. "Unions have just two channels of influence," said Daniel J.B. Mitchell of the Anderson Graduate School of Management at UCLA, "collective bargaining and the political side,...
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SEIU Member Noujaim wins writ of mandate allowing her to get access to SEIU financial records.
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The 12th annual Civil War Experience starts Friday at Gibson Ranch Road and is expected to give families a living history day. The 12th annual Civil War Experience starts Friday at Gibson Ranch Road and is expected to give families a living history day.
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An eyewitness says: "It was pretty freakin' real when all the dogs started barking right before it hit, then EVERYTHING shook. We were in the field just outside the barn & the barn continued to shake for a couple minutes afterward. We are about 50-60 miles or so from where it hit."
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by John HillStand With ArizonaWe have become sadly accustomed to California - America's Sanctuary State - sinking lower and lower into utter lawlessness for the sake of naked racial politics. But whatever they do in Sacramento doesn't even come close to the utter madness that is Los Angeles - which makes the rest of the state look conservative by comparison. This week saw the Los Angeles Police Department announcing that it will soon start ignoring California state law, which requires police to impound the vehicles of unlicensed drivers for 30 days - because it is "unfair" to illegal aliens!That's right....
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Dale Carlsen was about 24 years old and had been merely selling mattresses, but finally Dale got frustrated and went into the biz for himself. He was coming up on having to make a payment on the loan for his new, tiny mattress company. He didn't have much money, and this loan was at over 20% interest, ok? Worse was that Dale had chosen the location of his first mattress store in gritty South Sacramento, near Sac State, alongside some train tracks, next to a flea market. He'd thought the flea market foot traffic would bring customers, but in fact...
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