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North Oakland Now: Wednesday, February 25

on February 25, 2009

oaknorthtree4Good morning, North Oakland!  Lots of news this morning.  The Chron is reporting that, after our prolonged state budget debacle, some opinion leaders are hoping to scrap the rule that requires a two-thirds vote to pass state budget and taxes.  Keep an eye out for new initiatives on the 2010 ballot that would lower the required votes from two-thirds to 55 percent.   PG&E announced yesterday a plan to finance five solar plants throughout their territory.  The Chron has a nice explanation of how this deviates from their standard business practices, a clear result of the credit crisis.  Another result of the economic downturn at home: the brand new Toyota dealership in Oakland is closing, after being officially open for only a week.  And it’s not looking good for journalists at the Chronicle, either.  Hearst Corp. announced yesterday it is looking for “significant cuts” to both union and non-union staff.  Finally, with Fremont out of the running, San Jose has emerged the frontrunner as the new home to the A’s.

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