Saturday, November 18, 2006
Sunday, November 12, 2006
Wine Notes #12: Argyle 2004 Nuthouse Pinot
Thursday, November 09, 2006
Arcadia bumps up retention efforts
More zombie props?
Bill Lockyer managed the impossible?
Be wary of CA negociants?
Full story
Wednesday, November 08, 2006
Election wrap-up
Pass 1A and 1B
Defeat 90
All three were accomplished with room to spare. Thank you Cali! Life is good . . .
Tuesday, November 07, 2006
Monday, November 06, 2006
Step up, get your $23!
Hearings were held in Rosemead to determine what amount Edison should refund to its customers. Under PUC rules, Edison can collect additional profits if its customer service numbers are good (aka "Performance-Based Rate-Making"). Perhaps unsurprisingly, the 37-employee unit in charge of the surveys conducted mass fraud to boost those numbers. As a result, Edison collected $48 million more in profits than it should have. The Utility Reform Network (TURN) is asking the PUC for another $70 million in penalties. Full San Gabriel Valley Tribune story
A question for our conspiracy-minded friends
A) Manipulated by those controlling prices to their own political benefit to show that they don't actually control price or
B) Proof that such a cabal does not in fact exist?
You make the call!
Full story
Montebello scales back plans
Wine Notes #11: Anderson Valley Pinot

This Pinot received a 92 from Wine Spectator, earning it a Highly Recommended citation when combined with its $29 price tag. The first glass tended towards red fruit, although black fruits dominated after some time in the decanter. A bit of vanilla followed. The finish is nice and long, and taste and bouquet are excellent. My chief problem with this wine is that the no less than 15% ABV is not integrated well-on the whole the wine sufferes from being somewhat too hot. It's not enough to ruin the experience, but it makes the wine seem a bit unbalanced.
"As far as torture goes . . . it seems like a pretty efficient method"
Public pensions in doubt?
Because defiling Facebook wasn't enough
Sunday, November 05, 2006
Update
In place of actual news items, I'm offering my prognostications on the forthcoming election. Cherish and wait to see how they turn out . . .
At the federal level:
The overwhelming trend in the punditry is towards predicting an almost Democratic victory in the House with some chance of a Senate swing. Tradesports has the Republicans down to about a 1 in 4 chance of keeping the House. This is ridiculously low. Yes, Republicans are facing many hard races this cycle. Democrats have certainly gained from the multitude of resignations-the Foley, Ney, and DeLay districts, to mention a few, favor challengers. However, the special election to replace the Dukester in North County San Diego shows that while these replacement races are close, they can still end favorably for the Republican side. In terms of the general climate, there are many close races across the country. However, any swings in momentum will preserve numerous incumbents. My prediction? The punditry has good reasons to favor a Democrat takeover in the House, but I'd put my money on a GOP retention. Blessed are the cartographers . . . As far as the Senate, without a gripping new issue, the bar is too high for the Democrats here. It won't happen. Period. In '08, if things don't change, maybe. But not this year.
Here in Cali:
Nothing much will change in terms of federal and state legislative districts. One or two marginal districts, perhaps. But nothing of any real importance-Republicans will still have a 1/3rd or greater minority which gives them input on the budget, and that's really the only key question in this state.
As far as statewide offices, Schwarzenegger is a shoo-in for re-election. Tradesports' ask was something like 99 for a payout of 100 on the guv. Sorry Phil, this race is over. The most interesting election is for Lt. Governor, with a close race. My money is on Garamendi though. Lockyer almost certainly has Treasurer sown up. Chiang will probably take Controller, although that race will be a bit closer. Poizner will probably trounce Cruz for Insurance Commissioner. Secretary of State is a toss-up, while Attorney General almost certainly goes to Brown as well. The result? Republicans will probably move from 2 constitutional offices to 3, although as many as 5 are possible.
For the ballot measures . . .
Propositions 1A-1E: Pretty much in the bag. 1C may have some troubles, but at least three of the five here will pass. These bonds are popular and will get needed things built. Voters are sympathetic to this.
Proposition 83: Regardless of the flaws it may have, expect a 70% or more Yes vote.
Proposition 84: Running behind the 1A-1E package. Voters like parks, but it's not part of the official package and is further down the ballot. 50-50 chances.
Proposition 85: Very close-I'm thinking No, but lukewarm Democratic turnover could put it over the top.
Propositions 86, 87, and 88: After voting for bonds, voters will not be in the mood for new taxes. 86 has the best chance, but 87 and 88 are basically dead in the water.
Proposition 89: Voters have not been supportive of campaign reform in the past. Don't expect this to change in '06.
Proposition 90: Probably the most interesting question in California for 2006. If voters have enough energy at the end of the ballot to read down to the fiscal impact summary, it will fail. If they're tired of voting and want to vote No on everything at certain point (esp. following 86-89), it will fail. If they only read the part about eminent domain . . . it will pass.
Saturday, October 28, 2006
Friday, October 27, 2006
Priceless letters
"Lastly, as to candidates for office, if you believe you are better off now than you were six years ago, you need to vote Republican.
Conversely, if you are worse off than you were six years ago, you ought to vote a straight Democratic ticket."
IRS Politics
Rate your realtor
"Some people do not belong in the classroom, OK?"
New builder sales technique: auctions
Drinkers of cheap CA swill, rejoice!
Drew University at King/Drew to loose accrediting
City of LA looses 1/3 of potential ticket revenue
SF Chronicle welcomes chance to use 'Campaign' and 'Orgy' in same lede
Thursday, October 26, 2006
Wine Notes #10: Walla Walla

Owen Roe Sharecropper's 2004 Cabernet Sauvignon: So yes, the label reads Pinot Noir, but this review really is of the Cab. For some reason a Cab label could not be found . . .
Owen Roe produces the wine from Washington vineyard grapes. The company uses a co-operative growing arrangement under which the grapes are provided to the winery, which handles bottling and distribution. I imagine that this arrangement helps to keep costs down as less financing would be involved-the winery then splits the proceeds with the growers once the bottles are sold.
The result is a delicious Cabernet at a reasonable cost (a smidgeon over $20, depending upon the retailer). The wine is full, and ready to drink young. Lots of sumptuous fruit, and a good nose.
Owen Roe
AQMD sued by environmentalists over power plants
MTA Decree Lifts
Wednesday, October 25, 2006
Tribes fight back
Pelosi generates $50 million
Schrag on slate mailers
Kidnappings on the rise in Tijuana
Tuesday, October 24, 2006
Unsurprisingly, Feinstein confident of victory
TV manufacturing comes to Ontario
LA football dealt another setback
Greater weight consumes one billion gallons annually
Monday, October 23, 2006
Wine Notes #9: A bargain Pinot

At $8 or less per bottle at most California retail locations (of course, I've seen at high as $15, or what one should be paying for the same brand's Carneros district Pinot), the Robert Mondavi Coastal Selection Pinot is a great bargain. Nice flavors, very accessible, and again, a great value for the price. I have one or two bottles of this a month, and although there can be significant bottle variation, on the whole it performs quite well.
Robert Mondavi Private Selection
Amusing internal battles
Light rail to LAX
Sunday, October 22, 2006
Skelton on the November ballot
"Any Californian who doesn't vote for these bonds might as well just pack up and move to Nevada, Idaho or Mississippi. And business owners should take their jobs and employees with them.
Because soon it's going to be impossible to get to work in urban areas. Freeways will be impassable. Rails impractical. Moreover, public schools will be depressingly overcrowded. Housing unaffordable for the working stiff."
He then proceeds to recommend that voters defeat the interest-group written 84, 87, 88, and 89.
Full story
Government big enough for its own Facebook
48 vulnerable seats?
"It's one thing to be close," said Scott Lasley, a political scientist at Western Kentucky University, who is tracking the contest between Lewis and Democrat Mike Weaver. "It's another to defeat an incumbent."
Full story
Panama to expand canal
More absentee voting news
Money and politics
SF Chronicle on workers' comp
Wine Notes #8: From Chile with pride

Today's selection is the 2004 Montes Alpha Cabernet Sauvignon (yes the label is for 2003). Montes is located central Chile. The 2003 vintage received 90 pts., so the $15 being asked at Costco for the 2004 seemed quite reasonable. The finish had far too much excessive alcohol initially, courtesy of the 14% ABV, although this problem diminished quickly.
The wine succeeds in being inoffensive in almost all regards, although this leaves it without many distinguishing features. Some complexity and an unexpectedly long finish were present.
Vina Montes
Voters are not cynical enough
Pressing political updates
Saturday, October 21, 2006
That's what that smell is
"Blood-stained equipment"
"Few people are likely to feel much sympathy"
Bush: No Pull Out Until 'Mission is Complete'
"How long is it going to take before the Samaritan says, 'Hey, maybe we ought to patrol this road,' "
Friday, October 20, 2006
More records
California sets record of distinction
Radio show backfires?
"Only days after urging Gov. Arnold Schwarzenegger to renounce questionable sexual comments made to high school students by a Republican assemblywoman, Democratic challenger Phil Angelides sat through a morning radio talk show Thursday without objecting to a series of dubious gags about sex, ethnicity and an elderly female guest."
The excuse you ask? "Angelides said his performance was not inconsistent with his earlier comments about Schwarzenegger. He defended it as being within the context of a comedy-based radio show." Hasn't he lived in California long enough to know that our are politics are comedy-based to, at least at their finest?
Some of the jokes Phil let slide?
"an earlier African American guest was described as a "tall glass of chocolate milk" while Angelides was in the station"
"Angelides' appearance came after a segment in which a 20-year-old African American man named Master agreed to kiss a 72-year-old white woman named Sara to win a ticket to an upcoming promotional event at Hugh Hefner's Playboy Mansion in Holmby Hills."
"Carolla made a joke about a "May-casket" romance, playing off "May-December," and said Sara had a case of "jungle fever," a pejorative reference to white women attracted to black men."
"An anonymous voice-over also alluded to Angelides' ethnic background with a sexual innuendo."
"You get a Hacky Sack and a dime bag and a moped, you're into any community college," Carolla said, then added after Angelides said 300,000 students have dropped out over the cost: "That's because their stepdad kicked them out of the garage and they had to get a job."
"If you can't afford junior college…. ," Carolla cut in. "I'm going to ask that once you're elected, Phil Angelides, you change it to 'junior, junior college' just to bring a shame element to it because I feel like it's a graveyard that stupid people go to to die."
Full story
Security clearance revocation rising
Desert justice
"A Corona woman accused of exposing herself to a 14-year-old boy will not be tried for indecent exposure because the law against such behavior applies only to men, a visiting judge in Riverside County has ruled. " The specific statue punishes any person who "exposes his person." The District Attorney's office later realized that the penal code specifies that masculine pronouns apply to the feminine and neuter as well, and plans to appeal the ruling on these grounds. At trial, their strategy was to argue that the judge's interpretation of the statute was unconstitutional. While that might be used to invalidate a statute (for example, in the 1970s when the New Jersey Supreme Court held that the common law crime of being a common scold was not enforcable because of its gender specitivity), but it seems hard to believe that this argument could justify widening its criminal application. Full story
LA Times compilation of Angelides anecdotes
Full Los Angeles Times story
Heard of Phil?
A delightful Times romp
Full story in the Los Angeles Times
Alhambra Council transition
The art of political wagering
Parisian Mayor: This wine is too good for us
Thursday, October 19, 2006
Desperation sets in
Governing Newark is hard work . . . really
Chinese auto exports to US delayed
"It's how they express them"
"Angelides Under a Bus"
Capitol Weekly follows up on this theme by exploring whether or not Schwarzenegger has coattails
Homeowners in trouble
"Just Wednesday morning, Zhang dealt with a Lancaster resident who had taken out a $310,000 adjustable-rate mortgage with a starter interest rate of 5.4% and a monthly payment of $1,050. In July, the interest rate climbed to 8.5% and the monthly payment jumped to $2,306. A year-end adjustment will send the monthly payment to $2,744."
Favorite quotation from an agent:
"We were putting buyers in homes with loans they could not afford to sustain over the long haul," said Bob Casagrand, a San Diego real estate agent. "If you're a marginal buyer with an adjustable mortgage, you're rolling the dice on the future."
Full story
Lewis tops list
A welcome distraction from the real world
WSJ Polling not good for Congress
Wednesday, October 18, 2006
Proposition 90 vs the bonds
Tuesday, October 17, 2006
Is India running out of labor?
Things you can't have
Education a non-issue on the campaign trail
Sonoma County Chardonnay grapes in trouble
Red light cameras grow
Caltrans dispute continues to grow
Bonnie Garcia, Arnold in the press again
City of Industry building own power plant
Target adds Diamond Bar location
Financial District to get new tower
Actors get audited?
Monday, October 16, 2006
Letter to the editor, RE: page program
As a former House page (2001-02), it was disheartening to read your editorial calling for the termination of the congressional page program.
Being nominated to serve by Rep. Curt Weldon was one of the greatest honors I could imagine, and the year of working in the House remains the defining experience of my life. I encouraged my sister to following in my footsteps, and she did, receiving a nomination to serve during 2003-04 from Rep. Tom Tancredo. When the time comes in a few years, I will encourage my brother to seek an appointment as well.
As noted in your editorial, the Foley scandal follows the Crane/Studds misdeeds of 1983, making it the first charge of misconduct in 23 years. This suggests that Congress has eliminated abuses almost entirely and is still worthy of the public trust. The program's worth is further demonstrated by the fact that no pages, current or former, have stepped forward to condemn the program or to suggest its end.
If Congress abolishes pages, they will not be brought back. The program may need reform, but a centuries-old tradition of great value should not be eliminated out of hand because it is the easy solution.
Wine Notes #7

Tonight we have the 2001 Argyle Brut. The Brut posesses a long yet crisp structure. Notes include fruits and minerals. The yeast fermentation and bottle aging really pays off here. I can see why Wine Spectator bestowed a 90 here.
Argyle Winery
Napa/Sonoma wine tastings changing
More non-news
A moving story
"Democrats seem to be fielding an uncommonly high number of uncommonly good-looking candidates."
Democratic operatives do not publicly say that they went out of their way this year to recruit candidates with a high hotness quotient. Privately, however, they acknowledge that, as they focused on finding the most dynamic politicians to challenge vulnerable Republicans, it did not escape their notice that some of the most attractive prospects were indeed often quite attractive."
This follows the great LA Times stories this morning . . . good day indeed. Full story
Chivas coming to Pomona?
Chivas USA is a sister team to Mexico's Club Deportivo Guadalajera, and the region's demographics are certainly favorable to Chivas moving to the San Gabriel Valley. Pomona alone had nearly 100,000 Latino residents in the 2000 Census. The San Gabriel Valley and Inland Empire demographics are favorable as well, and this will only grow with time.
San Gabriel Valley Tribune articles:
Chivas Looks to Pomona, Pomona greets sports center with 'open arms'
Series wrap-up
Schwarzenegger pushes cooperation on emissions markets
Wine bargains!
Caltrans land issue grows
Orange County officials want to form local committees to determine whether or not Caltrans property should remain in the states possession or be sold. Full story
Meanwhile, BTH Secretary Sunne Wright McPeak, head of Caltrans' parent agency, issues a press release defending Caltrans' record. Full story
Measure 37 Lessons
Bus fare dispute
Film down, TV up in LA
Where change would come
Secrets in the line of succession
News that isn't
The article quotes Colin Hanna of conservative group Let Freedom Ring as saying that "If Rick Santorum were to lose, it would be cited as a turning point in the social conservative movement." At the article's end, Hanna is quoted as saying that the election's outcome hinges upon which group of supporters is more motivated to go to the polls. Any guesses there? As a reminder, Governor Ed Rendell is also on the ballot, which will push up Democratic turnout across the state. Of course, Santorum's prior campaigns have been tought too, which is why his 5 point deficit in the polls (he's polling 41% or so) is not quite considered lethal. Full story
Radar Online ranks your Congress
Pay to play on the ballot
Oil tax fight reaches $100 million
"Most people don't read footnotes"
"One bipartisan leader"
Sunday, October 15, 2006
RNC cutting DeWine, others to concentrate resources
Coast Guard arms the Great Lakes
Snow Blazes New Trail
Caltrans as slumlord?
More redistricting fallout
Important Political Gossip
Measure L Heats Up
To publicize their views, the campaign's Chairman, Allen Wilson, has started his own blog, No Library Tax.
Married households now in the minority
Arnold's appeal to drive downticket Republican wins?
Initiatives seek to reign in judges
CA Looses $52B/Year
Saturday, October 14, 2006
Wine Notes #6: Back to Napa

Tonight's selection: 2001 Freemark Abbey Napa Valley Cabernet Sauvignon
Possessed of a nice, dark, and very pleasing color. Looks positively gorgeous in the glass. This is a very fruity Cabernet. Medium finish that lingers on the palate nicely. Mostly cherry flavors, the oak is present but kept to a minimum. Thank you Liquorama for stocking this one.
Freemark Abbey
CA NAACP Scandal?
High Turnout=Higher Initative Costs
No on 89
Enthusiasm Vs. Machine
Yes, the Feds watch MySpace
Wiccan Rights
Religion Fights Global Warming
The Tridentine Rite is coming back?
NYT Shocked By Economics
Gay Marriage Issuing Waning in Salience?
Abstinence Education and the ACLU

New religion in the public square debates . . . how far can "secularized" versions of religious dogma (in this case, abstinence) go without crossing the line in public schools? WaPo story
Azusa Arouses Public Opposition over Redevelopment Plans
Isn't unsurprising news fun?
Full story
Air America Enters Chapter 11
Tribune writeup
A good satire revisited
Thursday, October 12, 2006
Rising Use of Trackers
Follow the Cruz
More on Proposition 90
LA Times Says No on 90
Here are the other newspapers that have also editorialized against 90:
Los Angeles Daily News, (10/10/06)
Sonoma Index-Tribune, (10/10/06)
Fresno Bee, (10/9/06)
Santa Maria Times, (10/8/06)
Modesto Bee, (10/6/06)
Palm Springs Desert Sun, (10/6/06)
Milpitas Post, (10/5/06)
San Francisco Examiner, (10/5/06)
Woodland Daily Democrat, (10/4/06)
San Francisco Bay Guardian, (10/4/06)
Paradise Post, (10/3/06)
San Jose Mercury News, (10/2/06)
Pasadena Star News, (9/27/06)
Whittier Daily News, (9/27/06)
San Gabriel Valley Tribune, (9/27/06)
Riverside Press-Enterprise, (9/25/06)
Gilroy Dispatch, (9/22/06)
Sacramento Bee, (9/16/06)
Napa Valley Register, (9/14/06) Mountain View Voice, (9/08/06)
Santa Rosa Press Democrat, (9/11/06)
Torrance Daily Breeze, (8/23/06)
San Diego Union-Tribune, (8/22/06)
Silly Ads
The first, sponsored by the California Teachers' Association (CTA) and others, propped up Proposition 1D from the bond package, describing all of the wonderful benefits it would bring (highlights: reduced class sizes, getting rid of absbestos, safer playgrounds).
Soon comes another ad, sponsored by "California's Workers" (who could that be?) slamming the Governor for lacking any strategy for improving education, amongst other things. Like, say, Proposition 1D?
Wednesday, October 11, 2006
Redistricting Protects
AQMD Moves AQMP
Tuesday, October 10, 2006
Wine Notes #5: Triple Review

2004 Archery Summit Premier Cuvee
The problem here is that the alcohol (13.9%) has a way of overpowering the balance of the cuvee. Once one sees past the alcohol and the accompanying hot finish, the wine stands in good stead. Should get a bit better with age.

This got a 90 from Wine Spectator, and I have to wonder why. It is similar to the 2003, which was excellent for the price range, but the 2004 has excessive sugar. Kind of like drinking liquid Pepsi? I'm sure this appeals to some part of the population, but it doesn't make for good Pinot. Stick to the 2003 and wait for next year. I will be sampling this again to make sure that bottle variation didn't destroy this sample.

2003 Stag's Leap Wine Cellars Artemis Cabernet Sauvignon
Although some perceive this as more of a weakeness for the SLWC brand than an asset, it is quite wonderful and comes at a very nice price break for quality Cab. Subtle and wonderful.
More problems for Airbus
More religion news
Ratkovich in the news
Math education reform
Debate Summarized
Save the Pets
Full story
State to loose $1.5B in annaul revenues
Full story
Sunday, October 08, 2006
More Religion News
Main Series Stories This Week
In the SF Chronicle: The Chronicle is running a series on sex trafficking, which seems to frequently end in California. Link is to the current installment.
Champagne Culture In LA
Full story
Religious Exemptions and Government Regulation
Full story
Related discussion in Slate
Economist Roundup
While transportation advocates and others have cited the need to raise the excise tax on gasoline for quite a while (cf: inflation, increased vehicle fuel economy pinching revenues, and the coming bankruptcy of the Highway Trust Fund), the new consensus includes national security and other arguments to justify the increase.
Full story
"How Office Politics and Real Politics Can Mix"
NY Times Story
Azusa Gun Club Forced Out
Tribune article
Debate fails to change dynamic
LA Times coverage
SGV Tribune coverage
Army Outflanks Rumsfeld
NY Times Story
Older background story from Slate's Fred Kaplan
Friday, October 06, 2006
Proposition 90 Web
Shocking News Update From WaPo
Full story
Evangelical Movement Fears Loosing Youth
Full story
Sunday, October 01, 2006
Times Focuses on Board of Supervisors
Unsurprising Poll Results: Arnold Up By 17%
Am I Reading The Onion or The NYT?
Full story
Tuesday, September 26, 2006
Most Unsurprising Business News Trend of the Day
"Doesn't seem clean or fair"
Additionally, the LA Times has a lengthy article detailing some of the specific impacts of the measure and the politics behind it.
Monday, September 25, 2006
Lawsuit Ruling Clears Way For City of Industry
Full Trib article
Wine Notes #4: Double the Fun!

So, two wines to cover today.
Tonight's wine: Joseph Drouhin Laforet Pinot Noir '05
No doubt still young to be drinking this, but eh, that's what everyday wines are for (this wine is currently going for $13 @ BevMo). Nicely complex, and expresses the region well. Huzzah for Burgundy! Makes for a nice Pinot Noir. Sorry, no image currently available.
Yesterday's wine: Louis Jadot Pommard AOC 2001
Strong minerality and earthiness, but quite pleasing overall. Makes for a most delicious drink. This wine drinks very well for its relatively young age.
Friday, September 22, 2006
New Biggest Waste of Hard Cash
SacBee coverage
NIMBY Bites Gun Club
Full story
Wine Notes #3
jwine.com
Definetely purchase this one in the store--the list online is about over $30, but the going retail seems to be $20.
Picture will be uploaded when Blogger decides to work properly.
Pulled this out of the cellar on a whim. This Pinot is a classic expression of Sonoma--more powerful and somewhat less complex than Burgundy, but not taking these to Napa levels. Excellent fruit flavors, accompanied by excellent texture.
Wednesday, September 20, 2006
Wine Notes #2


Here are some notes on a wine we served tonight, the Clos Pegase 2002 Mitsuko's Vineyard Merlot. Not usually a big fan of California Merlot, but the BevMo clearance price of $16 made it quite an attractive buy.
Although not a terribly complex wine, this Merlot is a tasty and delicious quaff that goes down nicely. As to be expected, big, rich fruit flavors dominate. Again, even sitting in the bottle uncorked for a while, and then sitting in the glass, added a great deal. Highly recommended, particularly if you can get it at a reasonable price.
Unions Throw $25 Million Down Drain
Happy News
Irwindale Economic Development manager Elaine Cullen on the project:
"Any new space that can come on the market in Irwindale for industrial uses is positive no matter what size it is," she said. "We have such a shortage. Our vacancy rate is less than 1 percent, which doesn't leave a lot of space to bring in new companies or for existing companies to expand."
Full story
Today's Big Headline . . . Rosemead Recall Fails
Most memorable quotation from this mess:
"Public service is like a bikini: it's not a right, it's a privilege," said recall proponent Caroline Kunikoa. "And no one should be wearing one for 32 years."
Full story
Tuesday, September 19, 2006
Random Interesting News
Sales Decline
Red Line advances
The Wal-Mart draw never fails
Homeless Accord
If you wondered why traffic was bad yesterday . . .
Was in a meeting including Caltrans staff when they get this call. I imagine this is about the least favorite part of their job.
SB 927 and Container Fees
1) Creating a dedicated trade infrastructure (goods movement) funding stream is imperative. Out of the $30/TEU fee (that's $60 for the box on most trucks you see), $20 will go to support trade infrastructure projects. This is a huge policy landmark, and puts California way out in front of the feds on a key issue. Hopefully this will spur action in DC, or at least help California compete for category funds by demonstrating that the impacts are bad enough to require localized fees.
2) This should be seen as part of a broader investment package including Props. 1A and 1B. Although this legislation would be terribly unfair if it occured by itself and placed all fiscal responsibility on the beneficial owner of cargo (ie: retailers), the public is also making a costly investment in similar project categories using income and sales tax revenue. In this light, this seems like a fair distribution of financial responsibility.
3) As shown by SCAG's Port and Modal Elasticity study by Rob Leachman, if investment is done right, the returns will be extremely cost efficient. Even if no improvements are made, volumes will decline slightly while trans-loading will increase a bit (trans-loading generates far more economic benefits for our region than cargo simply passing through on the freeways). Also, given capacity restraints at other ports, diversion doesn't seem to be a significant future problem. Do you think the port of Seattle will tolerate 5 million TEUs in volume say five years from now?
4) The $500 million or so in fees SB 927 represents seems to be a relatively low cost given the total value of imports. According to the USDOT, the West Coast imported about $226 billion in goods in 2003, or which nearly 70% came in through San Pedro Bay, totalling as much as $186 billion in goods. In that light, $500 million is about a quarter of a percent increase in cost.
5) This proposal has been around at least 18 months by my reckoning, during which different shippers and importers have talked about putting together a voluntary MOU. While this would be vastly preferable and would probably have eliminated the siphoning off of dollars to pay for port security and air quality mitigation, it hasn't happened. Given the length of time involved, something would need to have at least started coming together for this to be a plausible alternative.
6) About 2/3rds of the goods coming in through the goes to consumers spread across the nation who are not contributing to impact mitigation at our ports. Since retailers will pass this cost increase along, it represents a way of getting around that problem.
OK, well that's all for now.
Monday, September 18, 2006
Trib rounds up supervisorial spending
Romero Bill Before the Gov
Sunday, September 17, 2006
$4B works to keep environmentalists onboard for the bond
Rosemead Contest to be settled soon
A New Study, A New Feature
In honor of this development, we'll be adding short notes on different wines from time to time. Today's feature is:
Smoking Loon 2005 California Chardonnay
Strong reminder to a recently tasted 2005 Yellow Tail. However, the oaking was significantly reduced, allowing for a much better rounded quaff. The wine was decanted and consumed over a long enough period of time that there was a noticable strengthening and maturity after an hour or so. If you're going to drink wine like this, the $20 Riedel Vivant decanter at Target is a necessary investment, helping the wine quite a bit. Very light feel on the palate. 13.8% ABV. Von's carries Smoking Loon's lineup for under $10/btl.
Press Conference Coverage
Tribune Supports SB 927
Glendora Land Swap Fight Heats Up
Thursday, August 03, 2006
Lockyer Sues Rosemead/Wal-Mart
Friday, July 21, 2006
Free MTA rides for a week?
More of the noxious but legal from Rep. Lewis
CA Assn. of Realtors is afraid of the market
Of course, irrational exuberance still rules for those hoping to get into the market. The Department of Real Estate reports that in May the number of agents in the state broke 500,000 for the first time, leaving one agent for every 55 adults. Full LA Times story
Of course, for those of us looking to break into the market, it will take some pretty significant price declines to cancel out the comparatively higher interest rates.
In related news, a Diamond Bar man was found guilty in the November 1st shooting of a real estate agent going door to door to drum up business. The shooter claimed he confused the agent with a man he had had a previous altercation with, thinking this justified the use of his shotgun. Full SGV Tribune story