We lost a great one on Monday – Ray Manzarek of the Doors, at age 74. Thankfully the latimes.com pointed the spotlight today on Ray’s relationship with the members of X:
The music that keyboardist Ray Manzarek made as part of the Doors helped define the 1960s, and also was a crucial part of the Southern California music scene in the latter half of that decade.
Two generations of L.A. music met in the late 1970s when Manzarek connected with punk band X to produce the group’s first four studio albums. The band’s songwriters and lead singers, Exene Cervenka and bassist John Doe, reflect on the music of the Doors and their relationship with Manzarek, who died Monday at 74 of cancer.
James D., winner of the last contest, sent this photo in from the game last night where he got to enjoy a 4-2 Padres victory while sitting among the usual throng of Cardinal fans – though not as many as he expected!
Another fishy can-kicking device being employed here – hat tip to SD Squatter for sending this in from thelatimes.com:
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes.
The banks said they paused the sales on May 6 to make sure that their late-stage foreclosure procedures were in accordance with the guidelines. The banks wouldn’t say exactly which issues had been under scrutiny.
Bank of America Corp., by contrast, continued foreclosure sales at a normal pace, apparently confident its procedures met the revised restrictions.
“We manage our mortgage servicing operations in compliance with all laws, regulations and standards for sound business practices,” BofA said Friday in a statement.
The halted foreclosures are the latest complication stemming from a settlement between 13 large mortgage servicers and their federal overseers. Banks and regulators also have struggled to distribute billions of dollars in aid to borrowers equitably as required under the settlement.
Chase resumed a normal volume of foreclosure sales last week, saying its practices complied with the latest bulletin from the Treasury Department agency that regulates national banks, the Office of the Comptroller of the Currency, or OCC.
From Richard Rider, a local pot-stirrer – HT to DOB:
When it comes to gathering sufficient property taxes, Prop 13 is no problem at all – except for profligate spenders.
Look at the history of my San Diego County – a history which pretty much reflects the history of property taxes in the urban/suburban counties that hold over 85% of California’s population.
According to the SD County Tax Assessor, in 1977 – the year BEFORE Prop 13 took effect (when everything was working great, according to Prop 13 critics) – our countywide property tax revenue was about $639 million.
In the 2011-2012 fiscal year, our county assessor reported real estate property tax revenues of $4.550 BILLION.
For every property tax dollar collected in 1977, the county in 2011-12 collected $7.12.
And BTW, according to the County Assessor, since Prop 13 passed, 97% of the pre-Prop 13 county owner-occupied homes has changed hands (and been reassessed) at least once.
During that time frame, our county population has grown about 85%, and inflation has gone up about 253%. Hence property tax revenues today are substantially higher than the bloated PRE-Prop 13 year, even after adjusting for inflation and population growth.
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