| Placer to sue former planner
Placer County supervisors voted Tuesday to sue former county Planning Commissioner Michelle Ollar-Burris and a group of her clients, alleging violations of state planning law. County Counsel Tony LaBouff said the lawsuit, which may be filed as soon as today, will include allegations that Ollar-Burris committed fraud, violated her fiduciary obligations as a planning commissioner and engaged in unfair business practices. Ollar-Burris, an Auburn real estate broker, was removed from the Placer County Planning Commission in June after a Sacramento Bee story detailed real estate transactions that appeared designed to subvert California's Subdivision Map Act. .
Fannie in Her Own Words
Real Estate loans grew $4.1bn. Consumer loans slipped $2.9bn. Securities loans dropped $13.1bn, while Other loans jumped $22.9bn. On the liability side, (previous M3) Large Time Deposits jumped $48.4bn (4-wk gain of $138bn). M2 (narrow) "money" surged $44.5bn to a record $7.427 TN (week of 10/29). Narrow "money" has expanded $384bn y-t-d, or 6.4% annualized, and $478bn, or 6.9%, over the past year. For the week, Currency increased $1.2bn, while Demand & Checkable Deposits gained $5.0bn. Savings Deposits jumped $34.8bn (2-wk gain of $56.3bn), and Small Denominated Deposits added $1.7bn. Retail Money Fund assets increased $1.9bn. Total Money Market Fund Assets (from Invest. Co Inst) jumped $54.6bn last week, surpassing $3.0 TN for the first time. Money Fund Assets have now posted an unprecedented 15-week gain of $417bn (56% annualized) and a y-t-d increase of $619bn (30% annualized).
East Valley party crews spawn gang violence
Their proceeds often fund more parties, announced over cell phone text messages or in some cases, on MySpace.com, an Internet social site popular with teens. But it isnt just the underage drinking that worries police its the violence that often comes with it. Its not about having a party anymore, said Phoenix Lt. Jacqui MacConnell Its about (them) shooting each other and killing each other. As police prepared to raid a Mesa party crew event at a house on Jan. 18, their planning was cut short. Shots fired, said a police radio dispatcher. Officers responded [*CORRECTION: to a drive-by shooting near Alma School Road and University Drive] that sent bullets into the air. Police already on alert in the area quickly arrested an 18-year-old man. This time, no one was hurt. But last year, similar shootings led to bloodshed in East Valley cities.
As loonie surges, Canadians snap up US homes
CHANDLER, Ariz. - Two hours after his flight landed in Phoenix, Calgary resident Doug Farley already was cruising the city's vast stuccoed suburbs in search of the one attraction Canadians cannot seem to get enough of these days: cheap homes. There are thousands of them here: almost new, unoccupied and dropping in value. The mortgage meltdown, combined with a surging Canadian currency, has Farley — and many of his countrymen — dreaming of winter golf on grass that's always green. "My dollar's the same as your dollar, finally," Farley said, grinning as he peered through a pool fence at a sparsely populated condominium complex in Chandler, a Phoenix suburb. .
Your Daily Horoscope - January 29
Unleash the Leo charm and, without too much effort, you will be the most popular person at work. It's more than just being popular. You'll be indispensable. Keep up the good work! Virgo AUG. 23-SEPT. 22 Things at work may seem like they have been put on the back burner, with all your brilliant ideas forgotten, but this is far from the truth. Make good use of this time to get your thoughts in order because it's just the calm before the storm. Before you know it, you'll be in the fast lane again. .
Past and future perfect
Likewise, the Grand Hyatt's spiralling 88-storey Jin Mao tower has become a challenge to other architects building a dozen other skyscrapers in the Pudong district to literally "top this." Even parks and public spaces seem to be in on the futuristic dare, using modern fibre optics to make open areas glow at night. And stalls that once sold handicrafts have been transformed into bleeding-edge gadget booths where clerks haggle in dozens of languages with the help of hand-held calculators and hands-free cellphones. All of which draws an ever-increasing number of deal-makers, artists and architects to Shanghai. Although even with a population between 14 million and 20 million (depending on whether you believe the official numbers), this city is so big you can still stroll almost anywhere without feeling crowded.
Women's Top 25 Fared
No. 1 Connecticut (19-0) did not play. Next: vs. South Florida, Wednesday. No. 2 Tennessee (18-1) did not play. Next: at Mississippi, Thursday. No. 3 North Carolina (18-2) did not play. Next: at Wake Forest, Thursday. No. 4 Rutgers (17-3) lost to No. 12 West Virginia 63-54. Next: at No. 14 Pittsburgh, Saturday. No. 5 Maryland (22-2) did not play. Next: vs. Miami, Thursday. .
|
