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Democrats Delay California Mortgage Overhaul Amid Business Opposition

The banking and mortgage industries strongly oppose the bills, intended to clean up lending and foreclosure industry abuses. The California Chamber of Commerce has put them on its hit list of “job killer” legislation. “We’re concerned about these bills because we believe that they’ll stall economic development in the state,” said Cal Chamber lobbyist Marti Fisher. (The Sacramento Bee 04/17/12) Read More Here

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Brown Paddles His Canoe on Left, Then Right

Brown also rejected one of the year’s highest profile measures, which would have prohibited employers from requiring arbitration agreements and thus made it easier for workers to sue their bosses….

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