August 14 - August 20, 2011
Friday, Aug. 19
Here's a lovely collection of the best moments from 1921 to 2010.
July's unemployment rate was 3.3 percent, lowest in the country and light years ahead of California's 12 percent.
H-P fell 20 percent on the company's possible exit from the PC business.
Narrow aisles, merchandise stacked high, and managers on the prowl for bargains are among the must-haves.
Reminds me a little of the last scene in "Citizen Kane."
Unemployment jumped to 12.4 percent from 12 percent in June, and 30,600 payroll jobs were lost.
Jon Stewart takes on the class warfare rants from the Fox crowd.
B of A layoffs, gas prices keep dropping, grocery workers prepare to strike, and state accuses lawyers of fraud.
The state rose to 12 percent in July from 11.8 percent the month before.
The Dow opened lower and has been clawing back in the first hour of trading.
Thursday, Aug. 18
As long as they haven't committed any crimes and aren't deemed a threat to public safety.
More employers are discovering that nap times can help increase productivity.
The fear factor has been the real killer on Wall Street.
You could call them Internet godfathers - Henry Samueli and Henry Nicholas.
Dow is down about 460 points and back under 11,000.
There are only two things that elected officials really, truly care about: raising money and holding onto their district lines.
Inflation dips in L.A., Caruso gets Vegas gig, supermarkets taking applications, and AEG wants to skip lawsuit stage in stadium plan.
Could be a bad one - Dow is down 320 points in the first few minutes of trading. Bank of America if off almost 8 percent. *7:45: Dow down 488....
Wednesday, Aug. 17
This is clearly more than what the government lawyers had bargained for.
How on earth someone gets reelected with a number that low on the economy is a mystery to me.
Perhaps it's in response to the well-publicized state cutbacks in the UC system
How long has he been running? Five days?
The ratings agency downgraded the city's investment pool. But so what?
Sure sounds that way, based on a Planning Commission report.
L.A. hotels filling up, Brown to name jobs czar, union battle at Kaiser, and SpaceX rocket to dock with Space Station.
Tuesday, Aug. 16
Calls AEG's plan to break ground on a stadium in downtown L.A. by next June "really far-fetched."
They're supposedly all about the spectacle.
Right idea coming from the wrong guy.
Frankly, no one seems all that thrilled about a walkout, not with 12 percent unemployment.
What happens to these people when they get sick and can't care for themselves?
It's not only what he says about Fed Chairman Ben Bernanke, it's the clueless way in which he says it.
Fitch affirms AAA rating, more care with credit cards, settlement over port emissions, and convertible sales slip.
Monday, Aug. 15
The current system for financing the Planning Department is already compromised, so what's another $500,000?
They fell 8.2 percent last year and are now 24 percent below 2007 levels.
The world minimizes most anything that can't be summed up in a few words or readily monetized.
An average gallon of regular is 8 cents lower than just last week.
So much for panic in the streets.
The beginning of what is destined to be the incredible shrinking stadium deal.
But the sales figures aren't all that bad, considering that consumer sentiment has been a notch short of suicidal.
Google to buy Motorola cellphone business, Disney shuts down "Lone Ranger," California scrutinizing nonprofits, and Council reviews solar program.
© 2003-2015 • About LA Observed • Email the editor
The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
More From Mark Lacter:
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
