MORNING MEMOS: L.A. County Assessor John Noguez, update, corruption investigation; L.A. City budget, editorial, "years of bad choices," current situation; California's "fiscal mess," context of recent events (Dan Walters); editorial, "yes" on Prop. 28, changes to California term limits law....

***Various items this morning from across the political spectrum....

* Daily News (editorial):  "Bad choices cost -- Past budgets leave L.A. teetering on insolvency"

* Sacramento Bee (Dan Walters):  "California's fiscal mess put in focus by recent events"

* Los Angeles Times (editorial):  "Yes on Prop. 28" - "The measure isn't perfect, but it's a good antidote to the problems with term limits in Sacramento."

* LA Weekly:  "Assessor Probe: "Investigators Search Homes of John Noguez and Ramin Salari"