Sanity flies out the window
We continue to be disappointed by the State Lands Commission and its decision, announced June 1, to turn down a well-crafted compromise that would lead to abandonment of several oil platforms off our coast. The so-called Tranquillon Ridge agreement between oil companies and environmentalists would have raised a ton of money for the state in Read More →
CSLC rejects new oil drilling
The California State Lands Commission, the state agency responsible for approving new oil leases in California, voted June 1 to reject a Department of Finance proposal to permit oil drilling off the Santa Barbara County coast. The State Lands Commission has had the authority to approve oil leases in California since 1937. Are you a Read More →
Reagan to get birthday party
President Barack Obama stood alongside former first lady Nancy Reagan at the White House June 2 as he signed a bill to honor President Ronald Reagan’s 100th birthday, which occurs Feb. 6, 2011. The bill was introduced by U.S. Rep. Elton Gallegly, a Republican who serves Ventura and Santa Barbara counties. The Ronald Reagan Centennial Read More →
FBI issues seizure warrant
The FBI has issued a seizure warrant for the Templeton home of James “Jay” Hurst Miller, president of the now-shuttered Hurst Financial, based in Atascadero, according to The Tribune. The FBI is trying to track down more than $200,000 in proceeds from the sale of their house after allegations against the family’s trust that include Read More →
Countrywide's Mozilo accused of fraud
The U.S. Securities and Exchange Commission has filed civil fraud charges against former Countrywide CEO Angelo Mozilo as well as company president David Sambol and Eric Sieracki. Mozilo, who founded Countrywide in 1969, is separately charged with engaging in insider trading of Countrywide stock when he set up his highly controversial executive stock sale plans Read More →
