Federal Bailouts, CA Budget Crisis, SD Budget Deficit

Treasury Secretary Henry Paulson now wants to use a large portion of the $700 billion financial rescue plan to help consumers, and to stimulate the nation’s credit markets. Plus, California Legislative Analyst Mac Taylor says the state is facing a $27.8 billion budget deficit. And, the City of San Diego is facing a $43 million deficit of its own.

 Obama's Historic Win, SD City Results, CA Propositions

Barack Obama makes history and inspires the nation with his victory in the 2008 presidential election. Plus, the City of San Diego has a new city attorney, and three new city councilmembers. And, California voters approved proposition 8, the controversial ballot measure to ban same-sex marriage.

 Presidential Election, Props. 4 and 8, SD City Races

The presidential race is finally coming to an end, with the general election taking place next Tuesday. Plus, the two hot-button social initiatives on the statewide ballot are propositions 4 and 8. And, the San Diego City Council will look very different after Tuesday's election.

 Local Propositions, Race for City Attorney, Presidential Campaign

The 2008 general election is less than two weeks away, and two of the most intriguing local ballot measures are propositions A and B. Plus, the campaign for San Diego City Attorney has garnered interest throughout the election season. And, the race for president is coming to an end.

 Presidential Race, SD Budget Deficit, Prop. B

The 2008 presidential debates are now history. Barack Obama and John McCain are heading into the final leg of their race for the White House. Plus, Mayor Jerry Sanders revealed that the City of San Diego is facing a $43 million budget deficit this fiscal year. And, a port redevelopment proposition on the local ballot could dramatically change the look of the San Diego waterfront if it is passed.

 Global Financial Crisis, Regional Economy, City Council Races

The nation's financial crisis is having an impact all over the globe this week. Plus, rising unemployment and decreasing consumer confidence are the main causes of a lower economic outlook for San Diego County. And, the races for San Diego City Council are starting to heat up.

 Financial Rescue Plan, VP Debate, Changes at the U-T

The Senate passed a $700 billion financial bailout proposal late Wednesday night, and now the financial rescue plan moves on to the House for a Friday vote. Plus, the first and only vice presidential debate was held this week. And, changes are afoot at the San Diego Union-Tribune. Copely Press recently announced that it would like to sell the newspaper, and there has been considerable downsizing in the U-T newsroom over the last couple years.

 Wall Street Bailout, Presidential Debate, Convention Center Expansion

Leaders in Congress can't reach an agreement on how to fix the nation's financial crisis. Plus, John McCain says he's suspending his campaign so he can help the government fix Wall Street, and he is asking to delay the presidential debate scheduled for Friday night. And, the San Diego Convention Center will soon announce plans for expansion.

 CA Budget Veto, Wall Street Struggles, SD Real Estate

The California Legislature finally reached a compromise on the state budget this week, but Governor Schwarzenegger quickly threatened to veto the $146 billion budget proposal. Plus, the Dow Jones industrial average dropped by more than 800 points earlier this week, following a string of government bailouts to struggling financial institutions. And, the median home price in San Diego has reached a 5 1/2 year low.

 Sarah Palin, Water Supply, City Government

John McCain's selection of Sarah Palin as his vice presidential nominee was first met with skepticism and criticism, but now many political experts are praising the pick as a smart move. Plus, the City Council agreed to send out notices to San Diego ratepayers about two more pending water rate increases. And, the CCDC and SEDC scandals came to a head this week, with significant news happening in both stories.

 RNC, CCDC and SEDC Update, 760 Area Code

Alaska Governor Sarah Palin received high marks for her prime-time speech at the Republican National Convention. Plus, the CCDC re-appointed three board members, while the SEDC added four new faces to its board of directors. And, residents in the Imperial Valley and the North County are battling it out over the rights to the 760 area code.

 Presidential Election, DNC Highlights

The Democratic National Convention took place this week. What were the highlights from the convention? What kind of impact will Senator Joe Biden make as Barack Obama's running mate? What can we expect to see at next week's Republican National Convention? We bring you a special DNC broadcast of the Editors Roundtable, with Gloria Penner hosting live from Denver.

 Presidential Race, SEDC and CCDC Latest, State Budget

The race for president is amping up again with the Democratic National Convention in Denver next week. Plus, San Diego two's redevelopment agencies, SEDC and CCDC, are both in the midst of controversy following revelations of improper behavior by their leaders. And, the state budget battle is really starting to take a toll on lawmakers in Sacramento.

 Congressional Recess, New City Hall, Local Ballot Measures

Congress begins its five-week recess without a compromise on energy legislation, or gas prices. Plus, the costs of two different proposals for a new San Diego Civic Center were released this week. And, there are several interesting local propositions that have qualified for the November ballot.

Governor Schwarzenegger says he will veto all bills that come across his desk until the state budget is passed. Plus, a proposal to build a double-decker mixed use development at the 10th Avenue Marine Terminal has qualified for the November ballot. And, the 2008 Summer Olympics are set to begin this weekend in Beijing.

 Problems at Sharp, Mount Soledad Cross, Politics of Oil

Charges of serious problems with patient-care and mismanagement at Sharp Grossmont Hospital could jeopardize the federal funds the East County medical facility receives each year.Plus, a federal judge has ruled that the giant cross can stay atop Mount Soledad. And, high gas prices have helped to re-ignite the debate over off-shore oil drilling.

 Housing Bill, SEDC Latest, Border Violence

Legislation aimed at rescuing the nation's struggling housing industry easily passed the House yesterday, and appears headed for approval by the Senate and President Bush within the next few days. Plus, the head of the Southeastern Economic Development Corp., Carolyn Y. Smith, was forced out of her job after it was revealed that she and other SEDC staffers were giving themselves hidden bonuses. And, reports of murders and kidnappings south of the border are hurting the tourism business in Baja California.

 Bank Problems, Presidential Race, UCAN Funding

Customers waited for hours at IndyMac bank branches across Southern California to withdraw their funds from the failing bank. Plus, a satirical New Yorker magazine cover inspired outrage from the Obama campaign. Later in the week, both presidential candidates traded jabs over foreign policy differences. And, a Union-Tribune editorial focusing on the funding sources for the Utility Consumers' Action Network, or UCAN, drew sharp criticism from the organization's executive director, Michael Shames.

 NCLR Conference, SD Economy, CA Budget Stalemate

Presidential candidates Barack Obama and John McCain will be in San Diego this weekend to speak at the National Council of La Raza conference. Plus, consumer spending in San Diego is down for the third year in a row. And, the budget stalemate drags on in Sacramento.

 SD Real Estate, Border Fence, Congressional Actions

Mortgage defaults and foreclosures remain at record high levels in San Diego, and there are signs the region's real estate woes are hitting the coastal communities. Plus, the Homeland Security Department will waive environmental laws in order to complete a fence along the U.S.-Mexico border, following the U.S. Supreme Court's decision not to hear a case challenging the fence project. And, the House agrees to an overhaul of the nation's Foreign Intelligence Surveillance Act (FISA), while the Bush administration refuses to comply with a set of congressional subpoenas.