TheHill.com - Republican report puts blame for housing on Fannie, Freddie: "“The housing bubble that burst in 2007 and led to a financial crisis can be traced back to the federal government intervention in the U.S. housing market intended to help provide home ownership opportunities for more Americans,” declares the first sentence of the GOP Oversight and Government Reform report.
The report tries to center debate on government involvement, rather than Wall Street."
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It seems to me that it is hard to separate the respective roles of public policy and private profit-taking in creating the collapse of the housing market. However, there is nothing wrong with the GOP trying to remind people that bad policies played a major role, because since the election all we have been hearing from DC is that corporate greed is the root of all our problems. We have a political economy, not a free market economy.
Evan McKenzie on the rise of private urban governance and the law of homeowner and condominium associations. Contact me at ecmlaw@gmail.com
Wednesday, July 08, 2009
Althouse: Look how silly the Russians made Obama look...
Althouse: Look how silly the Russians made Obama look...
Obama needs to invite the Rooskies to DC so he can get even. Challenge Medvedev to a game of one-on-one basketball, for example.
Obama needs to invite the Rooskies to DC so he can get even. Challenge Medvedev to a game of one-on-one basketball, for example.
Tuesday, July 07, 2009
U.S. mortgage fraud 'rampant' and growing-FBI | Markets | Bonds News | Reuters
U.S. mortgage fraud 'rampant' and growing-FBI | Markets | Bonds News | Reuters: "SAN FRANCISCO, July 7 (Reuters) - U.S. mortgage fraud reports jumped 36 percent last year as desperate homeowners and industry professionals tried to maintain their standard of living from the boom years, the FBI said on Tuesday.
Suspicious activity reports rose to 63,713 in fiscal year 2008, which ended last September, from 46,717 the year before. California and Florida, centers of the housing bust, had the highest numbers of suspicious reports as foreclosures jumped, the stock market dropped and credit dried up."
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If middle class home owners are ever going to organize themselves to influence public policy, this should be the time. If not, there will not be enough meat on their bones to bait a fish hook.
Suspicious activity reports rose to 63,713 in fiscal year 2008, which ended last September, from 46,717 the year before. California and Florida, centers of the housing bust, had the highest numbers of suspicious reports as foreclosures jumped, the stock market dropped and credit dried up."
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If middle class home owners are ever going to organize themselves to influence public policy, this should be the time. If not, there will not be enough meat on their bones to bait a fish hook.
Don't make light of this situation
Strike a light! Do religious zealots get any barmier than this?: "AN Orthodox Jewish couple are suing their neighbours in a block of Bournemouth flats over motion sensors which automatically turn on the lights in the communal hallway."
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Thanks to Mystery Reader for this fascinating link. You see, they aren't supposed to use electricity from Friday night to Saturday night, but the lights are triggered automatically by sensors when they step out their door. Thus, they have to choose between violating their religious tenets and staying indoors.
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Thanks to Mystery Reader for this fascinating link. You see, they aren't supposed to use electricity from Friday night to Saturday night, but the lights are triggered automatically by sensors when they step out their door. Thus, they have to choose between violating their religious tenets and staying indoors.
Private communities present problems for Pa. | PoconoRecord.com
Private communities present problems for Pa. | PoconoRecord.com: "Some Pennsylvania legislators believe some new rules for private communities are needed. Local representatives receive frequent calls from homeowners in private communities, often complaining about association fees and limited services.
While private community homeowners pay state taxes, state grants are not available to residents. Private associations are not eligible to apply for most state grants.
Although Monroe County state Rep. Mario Scavello, R-176, introduced House Bill 1068 this year, which would provide grants and funding for dams that are privately owned. 'These private lakes, God forbid there is a breach, the communities around them are going to have problems,' Scavello said.)
Homeowners in private associations pay municipal property taxes, but no municipal dollars are spent within the gates of a private community.
Another bill introduced by Scavello would allow homeowners in communities to deduct 75 percent of their annual association fees from their state income tax return. This would help offset the 'double taxation' community homeowners say they face."
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Thanks to Cynthia Stephens for this link about some pretty dramatic proposals in PA.
While private community homeowners pay state taxes, state grants are not available to residents. Private associations are not eligible to apply for most state grants.
Although Monroe County state Rep. Mario Scavello, R-176, introduced House Bill 1068 this year, which would provide grants and funding for dams that are privately owned. 'These private lakes, God forbid there is a breach, the communities around them are going to have problems,' Scavello said.)
Homeowners in private associations pay municipal property taxes, but no municipal dollars are spent within the gates of a private community.
Another bill introduced by Scavello would allow homeowners in communities to deduct 75 percent of their annual association fees from their state income tax return. This would help offset the 'double taxation' community homeowners say they face."
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Thanks to Cynthia Stephens for this link about some pretty dramatic proposals in PA.
Property associations struggle as owners miss payments | Jacksonville.com
Property associations struggle as owners miss payments | Jacksonville.com: "With the economy in an extended slump and real estate along with it, there's myriad reasons why a Jacksonville homeowner or condominium owner might not be able to pay his or her property owner's association fees.
People who have always kept up with their bills suddenly find themselves choosing which bills to pay and which to let slip. Homeowners and condominium associations are under the gun, too. They are bound by a residential community's covenants to fulfill their obligations for amenities, maintenance and services in common areas and various other things, and their budgets are designed to raise only what they need."
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We are still on the upswing of this problem.
People who have always kept up with their bills suddenly find themselves choosing which bills to pay and which to let slip. Homeowners and condominium associations are under the gun, too. They are bound by a residential community's covenants to fulfill their obligations for amenities, maintenance and services in common areas and various other things, and their budgets are designed to raise only what they need."
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We are still on the upswing of this problem.
Florida law protects homeowners who put in less-thirsty yards - OrlandoSentinel.com
Florida law protects homeowners who put in less-thirsty yards - OrlandoSentinel.com: "When state Sen. Carey Baker proposed a law encouraging Florida homeowners to get rid of thirsty grass, he had Dorothy Bombera in mind. The Venice retiree has steadily ripped out her lawn, making room for daisies, perennial peanuts, palms and other drought-resistant plants.
But not all of her neighbors found the new scenery attractive, and her homeowners association threatened to fine Bombera if she didn't re-create the old, conventional yard.
Last week, Baker's legislation was signed into law by Gov. Charlie Crist, and Bombera is now off the hook.'They were up to a $480 fine,' Bombera said of the homeowners association. 'I think that passing this was the most wonderful thing.'"
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So common sense prevailed.
But not all of her neighbors found the new scenery attractive, and her homeowners association threatened to fine Bombera if she didn't re-create the old, conventional yard.
Last week, Baker's legislation was signed into law by Gov. Charlie Crist, and Bombera is now off the hook.'They were up to a $480 fine,' Bombera said of the homeowners association. 'I think that passing this was the most wonderful thing.'"
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So common sense prevailed.
Skid row murder-for-hire plot leaves two dead, LAPD says | L.A. Now | Los Angeles Times
Skid row murder-for-hire plot leaves two dead, LAPD says | L.A. Now | Los Angeles Times: "Chow said Lamont Ward, 40, of Inglewood used Flores to hire another man, Richard Luna, to carry out the murder....Ward was arrested July 1 in Inglewood. Police said he was arrested while working as a security guard in an upscale gated community."
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Perhaps somewhat more intensive screening of potential employees is in order.
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Perhaps somewhat more intensive screening of potential employees is in order.
islandpacket.com | Commission OKs plan to get emergency workers into gated communities quickly
islandpacket.com | Commission OKs plan to get emergency workers into gated communities quickly: "New development standards requiring gated communities to install devices that would give ambulances and other emergency vehicles a quick way to open their gates received unanimous approval Monday at a meeting of the Beaufort County Planning Commission.
Gated communities lacking the emergency openers would have to install one within 18 months at their own expense."
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Gated communities lacking the emergency openers would have to install one within 18 months at their own expense."
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Woman Attacked While Emptying Trash in Gated Community - KTLA
Woman Attacked While Emptying Trash in Gated Community - KTLA: "LADERA RANCH - Police are looking for 2 men who attacked and robbed a woman in broad daylight in a gated community in Orange County.
It happened around 10:30 Saturday morning in Covenant Hills."
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Well. That's not the way these places are supposed to operate.
It happened around 10:30 Saturday morning in Covenant Hills."
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Well. That's not the way these places are supposed to operate.
HOA Legi-Slate: New Action Without Meeting Requirements in Effect
HOA Legi-Slate: New Action Without Meeting Requirements in Effect: "On May 14, 2009, Governor Ritter signed into law House Bill 09-1248 (HB 1248) which amends the Revised Colorado Nonprofit Corporation Act (Nonprofit Corporation Act) and addresses in Section 20 the ability and procedures that boards of associations must follow when taking action outside of a board meeting."
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From a blog post by Molly Foley-Healy.
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From a blog post by Molly Foley-Healy.
Florida Land Use Law: 1stDCA Totally Screws Up the Analysis in a Bert Harris Case – [but Probably Reaches the Right Result]
Florida Land Use Law: 1stDCA Totally Screws Up the Analysis in a Bert Harris Case – [but Probably Reaches the Right Result]: "The case involves the City of Jacksonville abandoning a public street to a private homeowner’s association- a process that is not the same as vacating the street. When the street was abandoned, the private HOA refused to allow and adjoining landowner access to it. The result of the HOA’s refusal to permit access was that the landowner was unable to proceed with an 8 lot subdivision of the adjoining land."
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Blog post on an interesting situation.
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Blog post on an interesting situation.
The Hook News Blog » Blog Archive » Comer canned: Homeowners oust missing treasurer
The Hook News Blog » Blog Archive » Comer canned: Homeowners oust missing treasurer: "“The behind-the-scenes view of this is that he staged this thing and ran off,” says Tommy Stafford of Nelson County Life, the first local publication to notice the identity of the missing man. “They can’t be 100 percent sure,” says Stafford, who has conferred with several top law enforcement officers, “but things are certainly looking that way.”
Comer, whose day job is the presidency of Glenmore Country Club and who also represents the developer of the neighborhood of over 700 homes, reportedly went missing shortly after 9:30am Wednesday, July 1. That, according to a press release from the homeowners association, was less than an hour before a meeting with two association board members to discuss “incomplete data made available to the auditor.”"
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Hmmmmm. Let's not jump to any conclusions, but the circumstantial evidence is...interesting.
Comer, whose day job is the presidency of Glenmore Country Club and who also represents the developer of the neighborhood of over 700 homes, reportedly went missing shortly after 9:30am Wednesday, July 1. That, according to a press release from the homeowners association, was less than an hour before a meeting with two association board members to discuss “incomplete data made available to the auditor.”"
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Hmmmmm. Let's not jump to any conclusions, but the circumstantial evidence is...interesting.
Fight for HOA reform continues after bill fails | News 8 | WFAA.com
Fight for HOA reform continues after bill fails | News 8 | WFAA.com: "'The issue isn’t going away,” said Rep. Burt Solomons.
The Carrollton Republican introduced legislation in the last session aimed at reining in HOAs. The bill failed to come up for a vote in the Senate.
“We intend to continue fighting,” he said. “It’s gotten out of control and it’s very hard to rein them in.”... Lawmakers say there are 30,000 homeowners associations in Texas, which has only 5,000 towns.
“You have entities that have more power than any city council,” Scott said. “More power than any city government with no checks, no balances, no accountability, no transparency, no openness.” "
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This is mainly about foreclosure reform, as I understand it, and that is probably going to remain a huge issue in TX and elsewhere for the foreseeable future.
The Carrollton Republican introduced legislation in the last session aimed at reining in HOAs. The bill failed to come up for a vote in the Senate.
“We intend to continue fighting,” he said. “It’s gotten out of control and it’s very hard to rein them in.”... Lawmakers say there are 30,000 homeowners associations in Texas, which has only 5,000 towns.
“You have entities that have more power than any city council,” Scott said. “More power than any city government with no checks, no balances, no accountability, no transparency, no openness.” "
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This is mainly about foreclosure reform, as I understand it, and that is probably going to remain a huge issue in TX and elsewhere for the foreseeable future.
Delinquencies on home-equity loans hit record - Los Angeles Times
Delinquencies on home-equity loans hit record - Los Angeles Times: "Late payments on home-equity loans rose to a record in the first quarter as 18 straight months of job losses and a slumping economy left more borrowers unable to pay their debts, the American Bankers Association reported.
Delinquencies on home-equity loans climbed to 3.52 percent of all accounts from 3.03 percent in the fourth quarter, and late payments on home-equity lines of credit climbed to a record 1.89 percent, the group reported today. An index of eight types of loans rose for a fourth straight quarter, to 3.23 percent from 3.22 percent in October through December, the group said."
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If the employment situation doesn't reverse itself pretty soon, this recession will set all-time records.
Delinquencies on home-equity loans climbed to 3.52 percent of all accounts from 3.03 percent in the fourth quarter, and late payments on home-equity lines of credit climbed to a record 1.89 percent, the group reported today. An index of eight types of loans rose for a fourth straight quarter, to 3.23 percent from 3.22 percent in October through December, the group said."
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If the employment situation doesn't reverse itself pretty soon, this recession will set all-time records.
U.S. Home Prices to Fall Through 2011’s First Quarter, PMI Says - Bloomberg.com
U.S. Home Prices to Fall Through 2011’s First Quarter, PMI Says - Bloomberg.com: "Thirty of the 50 biggest metropolitan areas have at least a 75 percent chance of lower prices through March 31, 2011, Walnut Creek, California-based PMI said in a report today. The decline is likely to spread to “all regions of the nation” from California, Florida, Nevada and Arizona, the states most affected by the housing slump, PMI said.
“The housing market has been hit by a demand shock of high unemployment and a supply shock of distressed foreclosure sales,” LaVaughn Henry, senior economist at PMI, the fourth- largest U.S. mortgage insurer, said in an interview."
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Can anybody say with a straight face that things are getting better?
“The housing market has been hit by a demand shock of high unemployment and a supply shock of distressed foreclosure sales,” LaVaughn Henry, senior economist at PMI, the fourth- largest U.S. mortgage insurer, said in an interview."
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Can anybody say with a straight face that things are getting better?
Big Banks Don't Want California's IOUs - WSJ.com
Big Banks Don't Want California's IOUs - WSJ.com: "A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion annual budget gap."
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California funny money becomes basically useless in three days. Apparently some credit unions will keep accepting it, but that won't last.
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California funny money becomes basically useless in three days. Apparently some credit unions will keep accepting it, but that won't last.
Monday, July 06, 2009
Legal Bills Swayed Palin, Official Says - NYTimes.com
Legal Bills Swayed Palin, Official Says - NYTimes.com: "Lt. Gov. Sean Parnell of Alaska said Sunday that Gov. Sarah Palin’s decision to resign was largely prompted by the personal legal costs of the ethics investigations against her."
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Think about that. Palin may have given up her political career, at least for the foreseeable future, because of the costs of legal defense. Now imagine that you are a homeowner in a CID. You have to pay your own lawyer. The association draws on the resources of all the owners. This imbalance in legal representation is one of the main sources of association power.
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Think about that. Palin may have given up her political career, at least for the foreseeable future, because of the costs of legal defense. Now imagine that you are a homeowner in a CID. You have to pay your own lawyer. The association draws on the resources of all the owners. This imbalance in legal representation is one of the main sources of association power.
California’s Nightmare Will Kill Obamanomics: Kevin Hassett - Bloomberg.com
California’s Nightmare Will Kill Obamanomics: Kevin Hassett - Bloomberg.com: "The California morass has Democrats in Washington trembling. The reason is simple. If Obama’s health-care plan passes, then we may well end up paying for it with federal slips of paper worth less than California’s. Obama has bet everything on passing health care this year. The publicity surrounding the California debt fiasco almost assures his resounding defeat."
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California is running on $3 billion worth of IOUs for the month of July alone.
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California is running on $3 billion worth of IOUs for the month of July alone.
Saturday, July 04, 2009
Illinois gets manager licensing
New rule impacts property managers -- chicagotribune.com: "'It is illegal to give somebody a haircut or sell a hot dog without a license, but it is perfectly legal in Illinois to be a community association manager with nothing but a business card,' said industry watcher Evan McKenzie, associate professor of political science at the University of Illinois at Chicago. 'Incompetence is a huge problem, and so is criminal misconduct.'"
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It's about time.
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It's about time.
Thursday, July 02, 2009
Cracked Houses: What the Boom Built - Yahoo! Finance
Cracked Houses: What the Boom Built - Yahoo! Finance: "Because of tumbling real-estate values, those stuck with faulty houses say repairs often cost more than the homes are now worth. Many say they cant refinance their mortgages or sell, and they have no equity to leverage for repairs."
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And so they think their only recourse is to sue the builder. Thanks to Fred Pilot for this link.
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And so they think their only recourse is to sue the builder. Thanks to Fred Pilot for this link.
City of Casselberry backs down
Consumer health: Orlando Sentinel.com: "Populist outrage and plain fairness caused the Casselberry City Commission to ditch a new code requiring trucks with racks for ladders, pipe and other tools of serious work to be parked in garages or carports, which many truck owners did not have. The code had no provision for appeal or grandfathering current residents — stupid.
'Had a packed house at the commissioners' meeting,' reported plumber Mark Long. 'They canceled all enforcement on this code and decided to write a new one letting us park in the driveway if we take everything off the racks. No way this is perfect, but I don't know if we can get any more. I will keep on top of them and rally the troops if needed.' Power to the plumbers!"
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Thanks to Beth Young for the update on this ridiculous idea. Cities need to stop emulating HOAs.
'Had a packed house at the commissioners' meeting,' reported plumber Mark Long. 'They canceled all enforcement on this code and decided to write a new one letting us park in the driveway if we take everything off the racks. No way this is perfect, but I don't know if we can get any more. I will keep on top of them and rally the troops if needed.' Power to the plumbers!"
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Thanks to Beth Young for the update on this ridiculous idea. Cities need to stop emulating HOAs.
BBC - Earth News - Ant mega-colony takes over world
BBC - Earth News - Ant mega-colony takes over world: "A single mega-colony of ants has colonised much of the world, scientists have discovered.
Argentine ants living in vast numbers across Europe, the US and Japan belong to the same inter-related colony, and will refuse to fight one another."
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Not only that, but they all live in condominiums.
Argentine ants living in vast numbers across Europe, the US and Japan belong to the same inter-related colony, and will refuse to fight one another."
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Not only that, but they all live in condominiums.
Population numbers bounce back in cities - USATODAY.com
Population numbers bounce back in cities - USATODAY.com: "The housing crisis and economic downturn that have forced many Americans to stay put are boosting older cities where population had been shrinking or was stagnant, according to Census estimates out Wednesday.
Last year, Los Angeles recorded its biggest annual increase since 2002 and New York its second largest this decade. Chicago, where population had declined for five years this decade, grew by 0.73%.
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The article offers two explanations. The lefty urban planners who think we should all abandon the suburbs and our SUVs for tiny urban condos and walking to work are convinced that this is The Sign that their apocalyptic warnings have been heeded. But the other explanation is :"Cities' rebound may be a result of people not being able to sell their homes or condos or not having jobs to allow them to leave cities."
Can't get out is quite a bit different than can't wait to get in.
Last year, Los Angeles recorded its biggest annual increase since 2002 and New York its second largest this decade. Chicago, where population had declined for five years this decade, grew by 0.73%.
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The article offers two explanations. The lefty urban planners who think we should all abandon the suburbs and our SUVs for tiny urban condos and walking to work are convinced that this is The Sign that their apocalyptic warnings have been heeded. But the other explanation is :"Cities' rebound may be a result of people not being able to sell their homes or condos or not having jobs to allow them to leave cities."
Can't get out is quite a bit different than can't wait to get in.
Stimulus or Not, States Are Cutting Summer School - NYTimes.com
Stimulus or Not, States Are Cutting Summer School - NYTimes.com: "Nearly every school system in Florida has eviscerated or eliminated summer school this year, and officials are reporting sweeping cuts in states from North Carolina and Delaware to California and Washington. The cuts have come as states across the country are struggling to approve budgets, and California’s governor, Arnold Schwarzenegger, declared a fiscal state of emergency on Wednesday...The federal stimulus law is channeling $100 billion to public education, and Education Secretary Arne Duncan has repeatedly urged states and districts to spend part of the money to keep schools open this summer.
But thousands of districts have ignored Mr. Duncan’s urgings."
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That stimulus bill is turning out to be a great deal, isn't it?
But thousands of districts have ignored Mr. Duncan’s urgings."
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That stimulus bill is turning out to be a great deal, isn't it?
Wednesday, July 01, 2009
Commentary: Franken victory is not funny - CNN.com
Commentary: Franken victory is not funny - CNN.com: "The metric system is the kind of thing that you can expect from the 60-vote filibuster-proof majority Democrats now have in the United States Senate."
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Well, I've never thought Franken was funny anyway. But how anybody can think that converting to the metric system is a crazy idea is beyond me. The US, Liberia, and Burma, are the only three nations in the world that don't use the metric system. Does that put us in distinguished company, or something?
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Well, I've never thought Franken was funny anyway. But how anybody can think that converting to the metric system is a crazy idea is beyond me. The US, Liberia, and Burma, are the only three nations in the world that don't use the metric system. Does that put us in distinguished company, or something?
Tuesday, June 30, 2009
GM Seeks Court's OK to Become 'New' Company - Auto - FOXNews.com
GM Seeks Court's OK to Become 'New' Company - Auto - FOXNews.com: "NEW YORK — General Motors Corp., hoping for a quick exit from Chapter 11, on Tuesday will ask a bankruptcy judge to approve its plan to refashion itself as a leaner automaker owned mostly by the government."
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Isn't "leaner" and "owned mostly by the government" an oxymoron?
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Isn't "leaner" and "owned mostly by the government" an oxymoron?
Gloomy U.S. consumers clip housing recovery hopes - Yahoo! Finance
Gloomy U.S. consumers clip housing recovery hopes - Yahoo! Finance: "WASHINGTON (Reuters) - U.S. consumer confidence took an unexpectedly steep slide in June, figures released on Tuesday showed, suggesting the 18-month-long recession had yet to loosen its grip on the economy.
A separate report on April house prices in major cities offered some encouraging signs that the worst of the housing slump may be over, but that was not enough to lift investors' spirits, while another crop of economic data showed business activity in New York City and the Midwest remained weak and retail chains slogged through a rough June.
Billionaire investor George Soros added to the cautionary tone, saying fears of inflation would drive up borrowing costs and choke off growth once financial markets recover."
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The local paper says retailers are writing off any hopes for a good summer season and are dumping recreational gear, with half-off sales and big off-loading to internet overstock sites.
A separate report on April house prices in major cities offered some encouraging signs that the worst of the housing slump may be over, but that was not enough to lift investors' spirits, while another crop of economic data showed business activity in New York City and the Midwest remained weak and retail chains slogged through a rough June.
Billionaire investor George Soros added to the cautionary tone, saying fears of inflation would drive up borrowing costs and choke off growth once financial markets recover."
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The local paper says retailers are writing off any hopes for a good summer season and are dumping recreational gear, with half-off sales and big off-loading to internet overstock sites.
Home price decline flattens out in April - Jun. 30, 2009
Home price decline flattens out in April - Jun. 30, 2009: "Home prices continued to tumble in April, falling 18.1% from a year earlier -- but the change from March narrowed sharply, indicating that housing markets may be starting to turn.
The 20-city slice of the S&P/Case-Shiller Home Price index recorded a drop of 0.6% from March to April, compared with a 2.2% drop in the prior month. The index has declined every month since July 2006."
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It's about time.
The 20-city slice of the S&P/Case-Shiller Home Price index recorded a drop of 0.6% from March to April, compared with a 2.2% drop in the prior month. The index has declined every month since July 2006."
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It's about time.
Queen Michelle the First? - Jeremy D. Mayer - POLITICO.com
Queen Michelle the First? - Jeremy D. Mayer - POLITICO.com: "Michelle Obama wants a bigger role in her husband’s administration, according to The Washington Post. Unlike Laura Bush, who focused on a few peripheral issues, Obama wants a seat at the table when key policies are made.
Obama’s new chief of staff, Susan Sher, is part of the crucial 8:15 a.m. White House staff meeting. The first lady’s team of more than 20 has been told to think “strategically” about how to make her a player on policies she cares about.
This could be a very bad idea."
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I think I saw this movie. It was in all the theaters between January 1993 and January 2001.
Obama’s new chief of staff, Susan Sher, is part of the crucial 8:15 a.m. White House staff meeting. The first lady’s team of more than 20 has been told to think “strategically” about how to make her a player on policies she cares about.
This could be a very bad idea."
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I think I saw this movie. It was in all the theaters between January 1993 and January 2001.
CHA mixed-income building has class clash -- chicagotribune.com
CHA mixed-income building has class clash -- chicagotribune.com: "Low-income apartment dwellers and middle-class condo owners have shared Westhaven Park Tower since the building opened in 2006 -- an innovative setup that the city hoped would unite residents and exemplify Chicago's $1.6 billion overhaul of public housing.
Proximity, however, has not led to harmony.
The most recent skirmish inside the 113-unit midrise on Hermitage Avenue on the West Side concerned building security. Another flare-up centered on the proper use of the lobby: Public housing residents -- who make up a third of the building -- saw it as a place to hang out; condo owners did not.
Kathy Quickery, president of the building's condominium association, put it bluntly in a letter to the CHA last month: 'After living in the building for three years, I consider the project a failure for homeowners.'"
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This is one of the outcomes of the Clinton Administration's housing policy. These mixed-income developments were the result of the HOPE VI program that replaced public housing projects with places like this. Another part of the Clinton-Cisneros housing policy was expanding home ownership to the poor by forcing banks to lend to them. That worked out just about as well as the mixed-income housing concept.
Proximity, however, has not led to harmony.
The most recent skirmish inside the 113-unit midrise on Hermitage Avenue on the West Side concerned building security. Another flare-up centered on the proper use of the lobby: Public housing residents -- who make up a third of the building -- saw it as a place to hang out; condo owners did not.
Kathy Quickery, president of the building's condominium association, put it bluntly in a letter to the CHA last month: 'After living in the building for three years, I consider the project a failure for homeowners.'"
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This is one of the outcomes of the Clinton Administration's housing policy. These mixed-income developments were the result of the HOPE VI program that replaced public housing projects with places like this. Another part of the Clinton-Cisneros housing policy was expanding home ownership to the poor by forcing banks to lend to them. That worked out just about as well as the mixed-income housing concept.
Sen. Inhofe Calls for Inquiry Into 'Suppressed' Climate Change Report - Political News - FOXNews.com
Sen. Inhofe Calls for Inquiry Into 'Suppressed' Climate Change Report - Political News - FOXNews.com: "The 98-page report, co-authored by EPA analyst Alan Carlin, pushed back on the prospect of regulating gases like carbon dioxide as a way to reduce global warming. Carlin's report argued that the information the EPA was using was out of date, and that even as atmospheric carbon dioxide levels have increased, global temperatures have declined."
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The Obama Administration can't have that report floating around just as they are getting the cap and trade bill passed.
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The Obama Administration can't have that report floating around just as they are getting the cap and trade bill passed.
States brace for shutdowns - Los Angeles Times
States brace for shutdowns - Los Angeles Times: "Indiana is one of five states -- along with Arizona, California, Mississippi and Pennsylvania -- bracing for possible shutdowns this week as time runs out for lawmakers to close billion-dollar gaps in their fiscal 2010 budgets.
Of the 46 states whose fiscal year ends today, 32 did not have budgets passed and approved by their governors as of Monday afternoon, according to the National Conference of State Legislatures.
Although the majority of those are expected to pass eleventh-hour budgets, the fiscal futures of a handful remain uncertain, said Todd Haggerty, an NCSL research analyst."
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Just heard that the Illinois House has come up with a great solution: borrow $2.3 billion. Way to cut that Gordian Knot, guys.
Of the 46 states whose fiscal year ends today, 32 did not have budgets passed and approved by their governors as of Monday afternoon, according to the National Conference of State Legislatures.
Although the majority of those are expected to pass eleventh-hour budgets, the fiscal futures of a handful remain uncertain, said Todd Haggerty, an NCSL research analyst."
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Just heard that the Illinois House has come up with a great solution: borrow $2.3 billion. Way to cut that Gordian Knot, guys.
Monday, June 29, 2009
Indiana Governor Warns Government Shutdown Possible
Indiana Governor Warns Government Shutdown Possible: "Gov. Mitch Daniels has said he was prepared to keep essential services such as public safety running if lawmakers do not pass a budget by midnight June 30, but warned that most of state government would shut down.
Daniels said he would use emergency powers to keep state police and prisons operating, and public assistance - including unemployment insurance - would keep being distributed to those already eligible. The Indiana National Guard, state Department of Homeland Security and health officials would be available on standby.
But he said state parks would not be open and Bureau of Motor Vehicle branches and other state offices would close, as would casinos and the lottery because they are regulated by the state. Most of the state's 30,900 employees would be furloughed."
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Thanks to Fred Pilot for this barely pre-apocalyptic announcement.
Daniels said he would use emergency powers to keep state police and prisons operating, and public assistance - including unemployment insurance - would keep being distributed to those already eligible. The Indiana National Guard, state Department of Homeland Security and health officials would be available on standby.
But he said state parks would not be open and Bureau of Motor Vehicle branches and other state offices would close, as would casinos and the lottery because they are regulated by the state. Most of the state's 30,900 employees would be furloughed."
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Thanks to Fred Pilot for this barely pre-apocalyptic announcement.
Congressional Budget Office: Debt Tsunami
The Debt Tsunami - washingtonpost.com: "To put it bluntly, the fiscal policy of the United States is unsustainable. Debt is growing faster than gross domestic product. Under the CBO's most realistic scenario, the publicly held debt of the U.S. government will reach 82 percent of GDP by 2019 -- roughly double what it was in 2008. By 2026, spiraling interest payments would push the debt above its all-time peak (set just after World War II) of 113 percent of GDP. It would reach 200 percent of GDP in 2038.
This huge mass of debt, which would stifle economic growth and reduce the American standard of living, can be avoided only through spending cuts, tax increases or some combination of the two. And the longer government waits to get its financial house in order, the more it will cost to do so, the CBO says."
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There is no way the national government will reach those debt levels, which are not only unsustainable but impossible, because at that point nobody will buy our bonds. Long before the federal government hits that level, our creditors--including the Chinese--will have forced the US government into virtual receivership and will be dictating our policies, on pain of no more lending.
And a government that out of control will cripple the economy. If we get this cap and trade policy, along with national health insurance, energy prices and tax rates will go so high that this recession will never end. The state and local governments are raising taxes already, and soon the higher federal taxes will suck up even more private revenues.
This huge mass of debt, which would stifle economic growth and reduce the American standard of living, can be avoided only through spending cuts, tax increases or some combination of the two. And the longer government waits to get its financial house in order, the more it will cost to do so, the CBO says."
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There is no way the national government will reach those debt levels, which are not only unsustainable but impossible, because at that point nobody will buy our bonds. Long before the federal government hits that level, our creditors--including the Chinese--will have forced the US government into virtual receivership and will be dictating our policies, on pain of no more lending.
And a government that out of control will cripple the economy. If we get this cap and trade policy, along with national health insurance, energy prices and tax rates will go so high that this recession will never end. The state and local governments are raising taxes already, and soon the higher federal taxes will suck up even more private revenues.
Condo association president gets 2 years for embezzling $530,000 | prosecutors, kontos, association, laser, condominium - News - OCRegister.com
Condo association president gets 2 years for embezzling $530,000 | prosecutors, kontos, association, laser, condominium - News - OCRegister.com: "SANTA ANA – The former head of a Newport Beach condominium association was sentenced to two years in prison Friday in a case involving embezzling more than $530,000 and shining laser beams into cockpits of police helicopters, county prosecutors said."
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Thanks to Shu Bartholomew for this insight into the life of a busy guy.
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Thanks to Shu Bartholomew for this insight into the life of a busy guy.
Clotheslines blow through culture again | Richmond Times-Dispatch
Clotheslines blow through culture again | Richmond Times-Dispatch: "Planned communities and condos frequently have covenants that ban or restrict the use of clotheslines. In the Richmond area, restrictions vary -- from all-out prohibition, as in Charles Glen in Henrico County, to restricted use, as in Chesterfield County's venerable Woodlake and Brandermill subdivisions.
'We do allow portable devices [drying racks], just not permanent ones,' said Brian Hoyle, community-standards manager for Woodlake, where racks must be brought inside once the laundry is dry.
With more than 300,000 community associations across the country, promoting clothesline use has been an uphill task for Alexander Lee, founder of the nonprofit Project Laundry List, which he started 11 years ago as a Middlebury College student."
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Using coercion to enforce bonehead stereotypes about what is bad for property values--your HOA in action.
'We do allow portable devices [drying racks], just not permanent ones,' said Brian Hoyle, community-standards manager for Woodlake, where racks must be brought inside once the laundry is dry.
With more than 300,000 community associations across the country, promoting clothesline use has been an uphill task for Alexander Lee, founder of the nonprofit Project Laundry List, which he started 11 years ago as a Middlebury College student."
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Using coercion to enforce bonehead stereotypes about what is bad for property values--your HOA in action.
Friday, June 26, 2009
U. of I. jobs-for-entry scheme -- chicagotribune.com
U. of I. jobs-for-entry scheme -- chicagotribune.com: "What does it cost to get an unqualified student into the University of Illinois law school?
Five jobs for graduating law students, suggest internal e-mails released Thursday.
The documents show for the first time efforts to seek favors -- in this case, jobs -- for admissions, the most troubling evidence yet of how Illinois' entrenched system of patronage crept into the state's most prestigious public university."
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This is just disgraceful.
Five jobs for graduating law students, suggest internal e-mails released Thursday.
The documents show for the first time efforts to seek favors -- in this case, jobs -- for admissions, the most troubling evidence yet of how Illinois' entrenched system of patronage crept into the state's most prestigious public university."
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This is just disgraceful.
Britain’s Secret Underground City

Britain’s Secret Underground City: "Code named Burlington, the immense city was set to be the seat of the emergency Government during the war; should nukes be involved. Created to house the Prime Minister of the time, Harold McMillan, the entire Cabinet Office, civil servants and any support staff, the hidden city could accommodate up to 4,000 personnel, but, unfortunately, not their families."
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There is nothing more interesting than planned communities. The things people come up with will just never cease to amaze you.
Thursday, June 25, 2009
Unprecedented number of states lack budgets with week left - Jun. 24, 2009
Unprecedented number of states lack budgets with week left - Jun. 24, 2009: "At least 19 states still have to approve their fiscal 2010 budgets before next Tuesday. If they don't, staffers might not be paid and services might shut down."
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I see a trailer park in my future.
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I see a trailer park in my future.
Welcome to your new condo--complete with shock treatment
The Cemetary of the Danvers Hospital for the Criminally Insane | Atlas Obscura
Danvers State Hospital for the Criminally Insane opened in 1878 to serve some 600 mental patients under its imposing gothic spires. While it was built with a surprisingly caring and modern attitude toward the mentally ill, by the 1930's the site was crowded, falling into disrepair, and was using shock therapies and lobotomies on a regular basis. The addition of criminals, alcoholics, and the mentally retarded to the overcrowded hospital made it very difficult for the hospital to help cure any of its mental patients. The hospital was shut down in 1992.
The building, with its gothic style and series of underground tunnels, inspired H. P. Lovecraft's Arkham Sanitarium, in turn inspiring Batman's Arkham Asylum. Besides the horror of H.P. Lovecraft there is yet another more modern horror story here. As of 2007 the beautiful, if decaying, building was mostly torn down and turned into a bright and shiny condominium. "Avalon Communities" is complete with swimming pool and nary a reference to the sites fascinating past. While, thankfully, some of the facade remains the rest of the beautiful building has been replaced with chinsey condos, elliptical machines and ikea furniture. That would have scared even H.P. Lovecraft. However there is one piece of the former insane asylum that still exists; it's cemetery.
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Reminds me of Poltergeist.
Danvers State Hospital for the Criminally Insane opened in 1878 to serve some 600 mental patients under its imposing gothic spires. While it was built with a surprisingly caring and modern attitude toward the mentally ill, by the 1930's the site was crowded, falling into disrepair, and was using shock therapies and lobotomies on a regular basis. The addition of criminals, alcoholics, and the mentally retarded to the overcrowded hospital made it very difficult for the hospital to help cure any of its mental patients. The hospital was shut down in 1992.
The building, with its gothic style and series of underground tunnels, inspired H. P. Lovecraft's Arkham Sanitarium, in turn inspiring Batman's Arkham Asylum. Besides the horror of H.P. Lovecraft there is yet another more modern horror story here. As of 2007 the beautiful, if decaying, building was mostly torn down and turned into a bright and shiny condominium. "Avalon Communities" is complete with swimming pool and nary a reference to the sites fascinating past. While, thankfully, some of the facade remains the rest of the beautiful building has been replaced with chinsey condos, elliptical machines and ikea furniture. That would have scared even H.P. Lovecraft. However there is one piece of the former insane asylum that still exists; it's cemetery.
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Reminds me of Poltergeist.
Holyfield's estate faces foreclosure again | ajc.com
Holyfield's estate faces foreclosure again | ajc.com: "For the second time in a year, Evander Holyfield’s palatial Fayette County estate is under foreclosure.
A notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps."
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Mike Tyson wants to make an offer on it, but he can't get Holyfield's ear.
A notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps."
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Mike Tyson wants to make an offer on it, but he can't get Holyfield's ear.
Investor Daily: Analyst says California will default on debt - Jun. 25, 2009
Investor Daily: Analyst says California will default on debt - Jun. 25, 2009: "Asked to put odds on California defaulting on its $59 billion in outstanding general obligation bonds, Weiss doesn't hedge. 'It's unavoidable,' he tells Fortune.
If he's right, the impact on investors would be far broader and deeper than Bernie Madoff, General Motors (GMGMQ) or any of the other investment implosions that have occurred over the past year."
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I keep hearing people on TV saying that the economy has turned the corner and they see the light at the end of the tunnel and so forth--and I think they are just saying whatever will induce people to buy stuff. From where I sit, it looks as though there is a whole lot more bad economic news coming down the pike.
If he's right, the impact on investors would be far broader and deeper than Bernie Madoff, General Motors (GMGMQ) or any of the other investment implosions that have occurred over the past year."
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I keep hearing people on TV saying that the economy has turned the corner and they see the light at the end of the tunnel and so forth--and I think they are just saying whatever will induce people to buy stuff. From where I sit, it looks as though there is a whole lot more bad economic news coming down the pike.
'Most Dangerous' Neighborhoods In US Ranked - Family News Story - WTAE Pittsburgh
'Most Dangerous' Neighborhoods In US Ranked - Family News Story - WTAE Pittsburgh: "Chicago has the dubious distinction of holding four places on a list of the 25 most dangerous neighborhoods in the nation."
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They even give you the exact intersection that is marked as ground zero for each neighborhood.
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They even give you the exact intersection that is marked as ground zero for each neighborhood.
Cop justice, Chicago style
Cop in bar fight video gets 2 years probation - WREX.com – Rockford’s News Leader: "CHICAGO (AP) - The judge who sentenced an off-duty Chicago police officer to probation for beating a female bartender says the officer has been through rehabilitation and didn't cause serious harm.
Cook County Circuit Judge John Fleming also says Anthony Abbate (ah-BAHT'-ee) has no prior history of crimes and wasn't working the night he beat the bartender.
Fleming today sentenced Abbate to two years probation and anger management classes. He also imposed a home curfew from 8 p.m. to 6 a.m. and ordered Abbate to perform 130 hours of community service."
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Abbate is a hulking 300 pound drunken brute. The bartender weighs about 125. The whole thing is on video and has been all over the world since it was first broadcast. She refused to serve him, he refused to leave, she tried to get him out, he beat the crap out of her.
But this is Chicago, where in the absence of videotape the victim often gets the blame in these cop-civilian confrontations, even if the cops are off-duty. The formula for a lawyer defending a cop charged with brutality in Chicago is simple. Waive jury and try to get the case assigned to a friendly judge for a bench trial. Make a ludicrous argument in which you blame the whole thing on the victim. Try for a not guilty verdict. Failing that, claim your client has been punished enough, he would be at risk in prison because he's a copy, and hope for a minimal sentence.
In years past that formula worked out fine even for organized crime figures, even for mafia hit men who shot people to death in public, in front of witnesses. But that involved bribing the judges. In these cop cases, there is no indication of bribes. There is a political side to these cases, because the police officers' union is a powerful force and the judges have to be concerned about missing the 60% threshold needed to keep their jobs in retention elections. The only way to lose a retention election is to generate organized opposition. But maybe the judges don't want to send cops to jail or prison because of the risk to their safety from other inmates.
Cook County Circuit Judge John Fleming also says Anthony Abbate (ah-BAHT'-ee) has no prior history of crimes and wasn't working the night he beat the bartender.
Fleming today sentenced Abbate to two years probation and anger management classes. He also imposed a home curfew from 8 p.m. to 6 a.m. and ordered Abbate to perform 130 hours of community service."
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Abbate is a hulking 300 pound drunken brute. The bartender weighs about 125. The whole thing is on video and has been all over the world since it was first broadcast. She refused to serve him, he refused to leave, she tried to get him out, he beat the crap out of her.
But this is Chicago, where in the absence of videotape the victim often gets the blame in these cop-civilian confrontations, even if the cops are off-duty. The formula for a lawyer defending a cop charged with brutality in Chicago is simple. Waive jury and try to get the case assigned to a friendly judge for a bench trial. Make a ludicrous argument in which you blame the whole thing on the victim. Try for a not guilty verdict. Failing that, claim your client has been punished enough, he would be at risk in prison because he's a copy, and hope for a minimal sentence.
In years past that formula worked out fine even for organized crime figures, even for mafia hit men who shot people to death in public, in front of witnesses. But that involved bribing the judges. In these cop cases, there is no indication of bribes. There is a political side to these cases, because the police officers' union is a powerful force and the judges have to be concerned about missing the 60% threshold needed to keep their jobs in retention elections. The only way to lose a retention election is to generate organized opposition. But maybe the judges don't want to send cops to jail or prison because of the risk to their safety from other inmates.
Wednesday, June 24, 2009
Ventura County considers letting public decide on pension increases - Los Angeles Times
Ventura County considers letting public decide on pension increases - Los Angeles Times: "Alarmed by spiraling pension debt, Ventura County could join a growing number of local governments requiring that future increases in retirement benefits for public employees be put on the ballot.
Voters in Orange County and the city of San Diego in recent years have stripped benefit-granting authority from their elected officials, reserving that power for the electorate. San Francisco has required voter approval of pension benefit hikes since its founding charter over a century ago."
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That might reduce the role of unions in jacking up pension benefits.
Voters in Orange County and the city of San Diego in recent years have stripped benefit-granting authority from their elected officials, reserving that power for the electorate. San Francisco has required voter approval of pension benefit hikes since its founding charter over a century ago."
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That might reduce the role of unions in jacking up pension benefits.
Shriver: Budget choices confound Californians
Shriver: Budget choices confound Californians: "Californians seem to want it all, says first lady Maria Shriver. They oppose billions of dollars in cuts to address the state's massive budget deficit but are not willing to pay more for the services they enjoy."
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True. And well known. The definitive book on the Proposition 13 property tax revolt that set the state on the road to catastrophe back in 1978 is titled, Tax Revolt: Something for Nothing in California. Jack Citrin and David Sears had it exactly right. Californians want the goodies from government but they don't want to pay for them. And in my opinion, the Obama administration, backed by a majority of the public, is presently embarked on one great big attempt to do the same thing nationwide. The inevitable failure will be much more dramatic.
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True. And well known. The definitive book on the Proposition 13 property tax revolt that set the state on the road to catastrophe back in 1978 is titled, Tax Revolt: Something for Nothing in California. Jack Citrin and David Sears had it exactly right. Californians want the goodies from government but they don't want to pay for them. And in my opinion, the Obama administration, backed by a majority of the public, is presently embarked on one great big attempt to do the same thing nationwide. The inevitable failure will be much more dramatic.
Second verse, same as the first
Fannie, Freddie asked to relax condo loan rules: report | Reuters: "In March, Fannie Mae (FNM.N)(FNM.P) said it would no longer guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold, up from 51 percent, the paper said. Freddie Mac (FRE.P)(FRE.N) is due to implement similar policies next month, the paper said.
In a letter to the CEO's of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold 'may be too onerous' and could lead condo buyers to shun new developments, according to the paper.
The legislators asked the companies to 'make appropriate adjustments' to their underwriting standards for condos, the paper added."
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What this country needs now is more federal office holders tinkering with the economy. Yes sir. Autos, banking, medical insurance, and of course the housing industry. Why, they have done such a fine job so far, especially Barney Frank.
In a letter to the CEO's of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold 'may be too onerous' and could lead condo buyers to shun new developments, according to the paper.
The legislators asked the companies to 'make appropriate adjustments' to their underwriting standards for condos, the paper added."
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What this country needs now is more federal office holders tinkering with the economy. Yes sir. Autos, banking, medical insurance, and of course the housing industry. Why, they have done such a fine job so far, especially Barney Frank.
ABC-7.com News - Homeowner's insurance dropped over cracked window
ABC-7.com News - Homeowner's insurance dropped over cracked window: "CAPE CORAL: A Cape Coral woman received a letter abruptly cancelling her homeowner's insurance because of improper maintenance. The letter referenced a tiny boarded up window that was broken for not even a week. Something similar could just as easily happen to you."
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The owner says a neighbor kid hit the window with a golf ball.
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The owner says a neighbor kid hit the window with a golf ball.
Tuesday, June 23, 2009
North Chicago's 'Top cop' accused of beating up chief :: CHICAGO SUN-TIMES :: Chicago Crime
North Chicago's 'Top cop' accused of beating up chief :: CHICAGO SUN-TIMES :: Chicago Crime: "North Chicago's 'Officer of the Year' allegedly pummeled and seriously injured Waukegan's police chief after finding him in his estranged wife's home.
North Chicago Officer Carl Sain was charged with felony aggravated battery following the Wednesday altercation in Waukegan, which left Police Chief Artis Yancey with several broken bones in his face, Lake County State's Attorney Michael Waller said."
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I guess that puts Illinois back on top in the "Most Dysfunctional State and Local Governments Sweepstakes."
North Chicago Officer Carl Sain was charged with felony aggravated battery following the Wednesday altercation in Waukegan, which left Police Chief Artis Yancey with several broken bones in his face, Lake County State's Attorney Michael Waller said."
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I guess that puts Illinois back on top in the "Most Dysfunctional State and Local Governments Sweepstakes."
U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise - Bloomberg.com
U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise - Bloomberg.com: "The housing slump has reduced the median price of an existing home 26 percent from the July 2006 peak, pushing affordability to near record levels. Prospective buyers are now being constrained by rising mortgage rates, the highest unemployment since 1983 and concern the housing rebound will be anemic.
While U.S. builders increased housing starts by 17 percent in May to an annual rate of 532,000, a May 26 report from S&P/Case-Shiller showed home prices in 20 U.S. metropolitan areas fell 18.7 percent in March from the same month last year.
All signs point to further declines. Yale University Professor Robert Shiller, co-founder of the S&P/Case-Shiller index, said earlier this month that prices will continue to fall, contributing to a prolonged recession."
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That's the way it looks to me.
While U.S. builders increased housing starts by 17 percent in May to an annual rate of 532,000, a May 26 report from S&P/Case-Shiller showed home prices in 20 U.S. metropolitan areas fell 18.7 percent in March from the same month last year.
All signs point to further declines. Yale University Professor Robert Shiller, co-founder of the S&P/Case-Shiller index, said earlier this month that prices will continue to fall, contributing to a prolonged recession."
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That's the way it looks to me.
Pennsylvania competing with Illinois for worst government
Plainfield Township supervisor allegedly drunk at meeting -- themorningcall.com: "Shortly after meeting with fire and police officials Thursday night, Plainfield Township's supervisor chairman was found unconscious on the floor of the municipal building with a half-empty bottle of Jack Daniel's nearby, police say.
Timothy Frankenfield, who is also the township fire marshal, faces a public drunkenness charge. Police say a portable breath test showed his blood-alcohol level was more than twice the legal limit to drive."
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This is from the Lehigh Valley in PA. I am now going to be hard put to top this with anything from Illinois, but I won't give up.
Timothy Frankenfield, who is also the township fire marshal, faces a public drunkenness charge. Police say a portable breath test showed his blood-alcohol level was more than twice the legal limit to drive."
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This is from the Lehigh Valley in PA. I am now going to be hard put to top this with anything from Illinois, but I won't give up.
Housing market still deteriorating
More bad news - WSJ.com: "'Despite unprecedented federal efforts to jumpstart the economy and help homeowners keep up with their mortgage payments, home prices continued to fall and foreclosures continued to mount in most areas through the first quarter of 2009,' according to the executive summary of the State of the Nation's Housing annual report released by Harvard University's Joint Center for Housing Studies."
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Stimulus or no, I can't see any economic recovery taking place until the housing market gets back on its feet.
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Stimulus or no, I can't see any economic recovery taking place until the housing market gets back on its feet.
Monday, June 22, 2009
Reports: State income levels plunge
Reports: State income levels plunge: "Personal income taxes paid to the states plummeted 26 percent, or $28.8 billion, in the first four months of 2009, compared with the same time period last year, the Nelson A. Rockefeller Institute of Government said in its June 18 report."
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That is a huge loss of revenue for most states.
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That is a huge loss of revenue for most states.
Michigan cities scramble to recycle auto plants | detnews.com | The Detroit News
Michigan cities scramble to recycle auto plants | detnews.com | The Detroit News: "Plans by General Motors Corp. and Chrysler Group LLC to shutter Michigan auto plants will dump 25 million square feet of industrial land onto a struggling commercial real estate market and have sparked a race against time in communities unsure what to do with vast, vacant sites.
In addition to the loss of an estimated 10,000 factory jobs in the next two years, the host communities will lose millions in property taxes they can sorely afford to forfeit: GM already has taken steps to slash as much as 80 percent of its tax liability in some municipalities."
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Michigan will soon have plenty of vacant land. Flint and Detroit are going to have entire neighborhoods razed, and add to that the enormous auto plants.
In addition to the loss of an estimated 10,000 factory jobs in the next two years, the host communities will lose millions in property taxes they can sorely afford to forfeit: GM already has taken steps to slash as much as 80 percent of its tax liability in some municipalities."
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Michigan will soon have plenty of vacant land. Flint and Detroit are going to have entire neighborhoods razed, and add to that the enormous auto plants.
OUR OPINION: Pension costs can ruin cities and states | Grand Forks Herald | Grand Forks, North Dakota
OUR OPINION: Pension costs can ruin cities and states | Grand Forks Herald | Grand Forks, North Dakota: "California faces unfunded public employee retirement benefits of somewhere between $300 billion and $1 trillion, a panel discussion at the Milken Institute’s State of the State Conference concluded in May."
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This op-ed says that the main problem with the State of California budget is public employee pensions, and the same is true of many local governments. The scale of this problem is terrifying, and not just in California.
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This op-ed says that the main problem with the State of California budget is public employee pensions, and the same is true of many local governments. The scale of this problem is terrifying, and not just in California.
States Turning to Last Resorts in Budget Crisis - NYTimes.com
States Turning to Last Resorts in Budget Crisis - NYTimes.com: "With state revenues in a free fall and the economy choked by the worst recession in 60 years, governors and legislatures are approving program cuts, layoffs and, to a smaller degree, tax increases that were previously unthinkable.
All but four states must have new budgets in place less than two weeks from now — by July 1, the start of their fiscal year. But most are already predicting shortfalls as tax collections shrink, unemployment rises and the stock market remains in turmoil."
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I wonder how support for President Obama's expensive federal policies will fare as people get hit with these cuts and tax increases by their state and local governments.
All but four states must have new budgets in place less than two weeks from now — by July 1, the start of their fiscal year. But most are already predicting shortfalls as tax collections shrink, unemployment rises and the stock market remains in turmoil."
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I wonder how support for President Obama's expensive federal policies will fare as people get hit with these cuts and tax increases by their state and local governments.
Sunday, June 21, 2009
Lancaster, Pa., keeps a close eye on itself - Los Angeles Times
Lancaster, Pa., keeps a close eye on itself - Los Angeles Times: "Some 165 closed-circuit TV cameras soon will provide live, round-the-clock scrutiny of nearly every street, park and other public space used by the 55,000 residents and the town's many tourists. That's more outdoor cameras than are used by many major cities, including San Francisco and Boston.
Unlike anywhere else, cash-strapped Lancaster outsourced its surveillance to a private nonprofit group that hires civilians to tilt, pan and zoom the cameras -- and to call police if they spot suspicious activity. No government agency is directly involved.
Perhaps most surprising, the near-saturation surveillance of a community that saw four murders last year has sparked little public debate about whether the benefits for law enforcement outweigh the loss of privacy."
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How surprising. A city grants huge power to a private corporation with no public debate about the implications for civil liberties. That has never happened before! Oh, wait.
Unlike anywhere else, cash-strapped Lancaster outsourced its surveillance to a private nonprofit group that hires civilians to tilt, pan and zoom the cameras -- and to call police if they spot suspicious activity. No government agency is directly involved.
Perhaps most surprising, the near-saturation surveillance of a community that saw four murders last year has sparked little public debate about whether the benefits for law enforcement outweigh the loss of privacy."
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How surprising. A city grants huge power to a private corporation with no public debate about the implications for civil liberties. That has never happened before! Oh, wait.
Homeowner Associations Investigated - Houston News Story - KPRC Houston
Homeowner Associations Investigated - Houston News Story - KPRC Houston: "HOUSTON -- They charge many of us hundreds of dollars a year, using the money to pay for parks, pools and landscaping. But some say homeowners associations are abusing their power, taking more money and property from homeowners every year."
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Part One of a three-part series done by local tv in Houston. Thanks to Bill Davis for the links. It seems that CAI was not happy with this series for some reason.
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Part One of a three-part series done by local tv in Houston. Thanks to Bill Davis for the links. It seems that CAI was not happy with this series for some reason.
HOAs Take Members To Court - Houston News Story - KPRC Houston
HOAs Take Members To Court - Houston News Story - KPRC Houston
Part Two of the three links Bill Davis sent.
Part Two of the three links Bill Davis sent.
Wrapup on HOA issues
Ask Amy Blog: "As a wrap to our series on Homeowners Associations this week, we held a phone bank where you could call in and ask questions relating to your rights as a homeowner when it comes to HOA’s."
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Part three of the set Bill Davis sent.
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Part three of the set Bill Davis sent.
On home defect legislation, lobbyists went to the wire - Las Vegas Sun
On home defect legislation, lobbyists went to the wire - Las Vegas Sun: "The construction industry had just captured a huge victory, pushing legislation through the state Senate that would limit the ability of homeowners to win settlements against developers for construction defects.
Builders needed only a victory in the Assembly to save themselves millions in settlements and legal fees."
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...and then the lobbyists for both sides went to the mattresses. Thanks to Fred Pilot for this very detailed story of how state politics works.
Builders needed only a victory in the Assembly to save themselves millions in settlements and legal fees."
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...and then the lobbyists for both sides went to the mattresses. Thanks to Fred Pilot for this very detailed story of how state politics works.
Report: New light shed on lawmakers' secretive grants | PoconoRecord.com
Report: New light shed on lawmakers' secretive grants | PoconoRecord.com: "Never-before-released records obtained by the AP through a request filed under the new state Right-to-Know Law revealed some counties that are home to top legislators were targeted to receive disproportionately more legislative grant money during the last half of 2008.
The records, released by the governor's office, show legislators lodged special grant requests totaling more than $110 million from July 1 through December — more than $430,000 on average for each of Pennsylvania's 253 lawmakers."
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Thanks to Cynthia Stephens for this link--sounds like Pennsylvania is a lot like Illinois.
The records, released by the governor's office, show legislators lodged special grant requests totaling more than $110 million from July 1 through December — more than $430,000 on average for each of Pennsylvania's 253 lawmakers."
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Thanks to Cynthia Stephens for this link--sounds like Pennsylvania is a lot like Illinois.
The Captain - Duplin man hangs judge, DA in effigy | StarNewsOnline.com | Star News | Wilmington, NC
The Captain - Duplin man hangs judge, DA in effigy | StarNewsOnline.com | Star News | Wilmington, NC: "A Faison man is getting everything he asked for, and maybe a little more. According to articles in the Sampson Independent and Jacksonville Daily News, Lacy Phipps has hung effigies of robed judges, attorneys, a sheriff and even Mike Easley in his yard."
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This sounds like quite a saga of justice and injustice. Thanks to Cynthia Stephens for the link, and for the Father's Day wishes!
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This sounds like quite a saga of justice and injustice. Thanks to Cynthia Stephens for the link, and for the Father's Day wishes!
Must have been some party
19 FORMER AND CURRENT NHL PLAYERS SUE KEN JOWDY FOR INVESTMENTS IN DIAMANTE SAN LUCAS - New York Post: "A golf-resort developer put nearly two dozen NHL stars on ice -- taking millions they had invested with him and blowing it on parties packed with porn stars, hookers and his baseball buddies, including ex-Yankees Roger Clemens and Reggie Jackson, according to two explosive lawsuits filed yesterday."
New Yorkers put on best face for the world
Tiger Woods taunted at 10th hole; Fred Funk's name becomes obscenity -- Newsday.com: "Beer-sodden fans and rain combined for an ugly finish to a long day of golf yesterday, with Tiger Woods and other golfers subjected to drunken heckling as the action at Bethpage Black came to a close."
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Charming people. Maybe the state troopers should lob some tear gas canisters into the gallery.
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Charming people. Maybe the state troopers should lob some tear gas canisters into the gallery.
Saturday, June 20, 2009
Residents Upset Over Reality TV Show Taping In Neighborhood - News Story - WSB Atlanta
Residents Upset Over Reality TV Show Taping In Neighborhood - News Story - WSB Atlanta: "Just like the walls themselves, the show is dividing neighborhood residents.
“I’m very upset about it. It generates a lot of noise … it’s a safety and security hazard,” Altman said. We're being told what we can and can't do. It's almost like we are in a prison camp here.'
Altman also complains about the constant traffic backups, crew workers going in and out, the cranes and other heavy equipment.
Altman and other homeowners also criticize the homeowner’s association for violating its own covenants by allowing the community to be turned into a giant Hollywood set.
'There's been people fined for having a little 1-foot statue of the Georgia Bulldog on their porch … and they let this happen,' said Altman."
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So...the covenants are becoming an issue in this bizarre "reality" show.
“I’m very upset about it. It generates a lot of noise … it’s a safety and security hazard,” Altman said. We're being told what we can and can't do. It's almost like we are in a prison camp here.'
Altman also complains about the constant traffic backups, crew workers going in and out, the cranes and other heavy equipment.
Altman and other homeowners also criticize the homeowner’s association for violating its own covenants by allowing the community to be turned into a giant Hollywood set.
'There's been people fined for having a little 1-foot statue of the Georgia Bulldog on their porch … and they let this happen,' said Altman."
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So...the covenants are becoming an issue in this bizarre "reality" show.
Is a college degree worthless? - MSN Money
Is a college degree worthless? - MSN Money: "The four-year college degree has come to cost too much and prove too little. It's now a bad deal for the average student, family, employer, professor and taxpayer."
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So what's the alternative if you are 18? Jump into that great job market? Start your own business doing...what, precisely?
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So what's the alternative if you are 18? Jump into that great job market? Start your own business doing...what, precisely?
The License Plate Loyalty Card - CBS News
The License Plate Loyalty Card - CBS News
Want to get scared? Read this. Remember that old, 20th century thing we used to call "privacy"? Well, it's gone.
Want to get scared? Read this. Remember that old, 20th century thing we used to call "privacy"? Well, it's gone.
Friday, June 19, 2009
Lawyer Passes Out In Neighbor's Trash Can - Sacramento News Story - KCRA Sacramento
Lawyer Passes Out In Neighbor's Trash Can - Sacramento News Story - KCRA Sacramento: "JEFFERSONVILLE, Ind. -- A southern Indiana lawyer said he's embarrassed and has apologized for being found asleep headfirst in a neighbor's trash can after a night of drinking."
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He says he had "about four drinks and his memory ends there." I would say that stretches the meaning of "about" to the breaking point.
Thanks to Fred Pilot for this slice of lawyer life.
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He says he had "about four drinks and his memory ends there." I would say that stretches the meaning of "about" to the breaking point.
Thanks to Fred Pilot for this slice of lawyer life.
The Limbo White House: How Low Can You go?
Pro skateboarder takes a glide through White House - Yahoo! News: "Professional skateboarder Tony Hawk on Friday took a brief ride at the White House as part of a Father's Day celebration.
Hawk, 41, skated in the grand foyer and the nearby Old Executive Office Building, with the permission of White House officials."
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I know. Let's have the town hall meeting on health care moderated by Jerry Springer. We could have a transsexual arguing with a Ron Paul supporter and they could throw chairs at each other, and The One would be the moderator. He would stand there with a mike smirking at the audience. And Arnold Schwarzenegger could be the bouncer. What do you think? It would be cool.
Hawk, 41, skated in the grand foyer and the nearby Old Executive Office Building, with the permission of White House officials."
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I know. Let's have the town hall meeting on health care moderated by Jerry Springer. We could have a transsexual arguing with a Ron Paul supporter and they could throw chairs at each other, and The One would be the moderator. He would stand there with a mike smirking at the audience. And Arnold Schwarzenegger could be the bouncer. What do you think? It would be cool.
Prickly senator throws tantrum over "Ma'am"
Sen. Boxer Offers No Apology for Rebuking Brigadier General Who Called Her 'Ma'am' - Political News - FOXNews.com: "'You know, do me a favor,' a clearly agitated Boxer said. 'Could you say 'senator' instead of 'ma'am?'
'Yes, ma'am,' Walsh replied.
'It's just a thing, I worked so hard to get that title, so I'd appreciate it, yes, thank you,' she said.
'Yes, senator,' he answered.
But Walsh was following military protocol, which advises officers to use 'sir' or 'ma'am' when addressing anyone higher than them on the chain of command.."
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We have become an apology culture recently. This is some sort of weird ritual that people go through. The media hound people until they issue the formal apology, then the apology police wait for the next offender. Why should she apologize? She has no respect for the military or their rules in the first place, and unlike David Letterman, Boxer doesn't have to worry about sponsors and can't get fired. She's a senator-for-life.
'Yes, ma'am,' Walsh replied.
'It's just a thing, I worked so hard to get that title, so I'd appreciate it, yes, thank you,' she said.
'Yes, senator,' he answered.
But Walsh was following military protocol, which advises officers to use 'sir' or 'ma'am' when addressing anyone higher than them on the chain of command.."
----------------
We have become an apology culture recently. This is some sort of weird ritual that people go through. The media hound people until they issue the formal apology, then the apology police wait for the next offender. Why should she apologize? She has no respect for the military or their rules in the first place, and unlike David Letterman, Boxer doesn't have to worry about sponsors and can't get fired. She's a senator-for-life.
43% of all taxpayers pay zero federal income tax
Tax Units with Zero or Negative Tax Liability, 2009-2019
Which proves that Obama's appointees "look just like America," or at least the 43% of it that doesn't pay income tax. Except that his appointees made plenty of money and should have paid.
Which proves that Obama's appointees "look just like America," or at least the 43% of it that doesn't pay income tax. Except that his appointees made plenty of money and should have paid.
Imagine Breaking Up The United States - WSJ.com
Imagine Breaking Up The United States - WSJ.com: "Picture an America that is run not, as now, by a top-heavy Washington autocracy but, in freewheeling style, by an assemblage of largely autonomous regional republics reflecting the eclectic economic and cultural character of the society."
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This is an op-ed by Paul Starobin, author of After America.
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This is an op-ed by Paul Starobin, author of After America.
Got $100? Welcome to your new Detroit home - CNN.com
Got $100? Welcome to your new Detroit home - CNN.com: "But this depressed housing market dream is real. And Detroit, Michigan, artist Jon Brumit and his wife, Sarah, are living it.
The couple never counted on owning a home.
'It's not that we have a little money,' Jon Brumit said, laughing. 'I'm saying we have no money.'"
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Average price of a house in Detroit: $11,533. Some you can buy for a dollar. So "artists" are buying them. I envision Detroit becoming a haven for artists and English majors.
The couple never counted on owning a home.
'It's not that we have a little money,' Jon Brumit said, laughing. 'I'm saying we have no money.'"
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Average price of a house in Detroit: $11,533. Some you can buy for a dollar. So "artists" are buying them. I envision Detroit becoming a haven for artists and English majors.
Foreclosures grind on as lenders fail to modify loans - USATODAY.com
Foreclosures grind on as lenders fail to modify loans - USATODAY.com: "The Obama administration's $75 billion program to reduce foreclosures has been beset by backlogs and delays, leading many overstretched homeowners to complain about unreturned phone calls and inaccurate information from lenders, while others say they were denied help for reasons that weren't clear."
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I believe there are at least a million loans that have not reset at higher interest rates, so I expect the foreclosure tsunami to continue for at least another year.
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I believe there are at least a million loans that have not reset at higher interest rates, so I expect the foreclosure tsunami to continue for at least another year.
Yet another Obama appointee who is a tax cheat
Pick for Protocol Post Corrects Failure to File Taxes in 2 Years - NYTimes.com
And of course yet another tortured explanation.
And of course yet another tortured explanation.
Wednesday, June 17, 2009
Pentagon Exam Calls Protests 'Low-Level Terrorism,' Angering Activists - Local News | News Articles | National News | US News - FOXNews.com
Pentagon Exam Calls Protests 'Low-Level Terrorism,' Angering Activists - Local News | News Articles | National News | US News - FOXNews.com: "“Which of the following is an example of low-level terrorism?”
— Attacking the Pentagon
— IEDs
— Hate crimes against racial groups
— Protests
The correct answer, according to the exam, is 'Protests.'"
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That would make all you HOA protesters out there terrorists, wouldn't it?
— Attacking the Pentagon
— IEDs
— Hate crimes against racial groups
— Protests
The correct answer, according to the exam, is 'Protests.'"
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That would make all you HOA protesters out there terrorists, wouldn't it?
Tuesday, June 16, 2009
Santa Ana neighborhood locks up trash to thwart scavengers - Los Angeles Times

Santa Ana neighborhood locks up trash to thwart scavengers - Los Angeles Times: "Fed up with urban foragers who root through neighborhood trash in search of plastic and aluminum, residents of one Santa Ana neighborhood are locking up their recyclables in a container designed to withstand the brute strength and cunning of brown and black bears."
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If they didn't have such high-class garbage, it wouldn't be so tempting.
OK, but on the other hand...

Moaning German soldiers an 'embarrassment' say chiefs - Telegraph: "German soldiers are softies who lack discipline, hate responsibility and show an inadequate desire to serve their country, according to the army's chief inspector."
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...consider the alternative.
Palacio Del Mar HOA v. Arnold McMahon--new ruling
AHRC domain name will not be turned over to law firm
This is the latest ruling in a case so protracted and complicated that it makes Jarndyce v. Jarndyce look like an episode of Judge Judy. Arnold and Elizabeth McMahon are the brains behind the American Homeowners Resource Center, a huge voice for CID owners where their complaints and problems have been aired for years. Arnold McMahon was ordered to pay $60,000 in attorney fees to the HOA. As part of executing on that judgment, the HOA got an order from the trial court that the AHRC domain name would be transferred to it, apparently on the theory that it is a valuable asset. In this opinion, the Court of Appeals reverses the trial court and says the HOA can't take the domain name.
Thanks to Fred Pilot for the link.
This is the latest ruling in a case so protracted and complicated that it makes Jarndyce v. Jarndyce look like an episode of Judge Judy. Arnold and Elizabeth McMahon are the brains behind the American Homeowners Resource Center, a huge voice for CID owners where their complaints and problems have been aired for years. Arnold McMahon was ordered to pay $60,000 in attorney fees to the HOA. As part of executing on that judgment, the HOA got an order from the trial court that the AHRC domain name would be transferred to it, apparently on the theory that it is a valuable asset. In this opinion, the Court of Appeals reverses the trial court and says the HOA can't take the domain name.
Thanks to Fred Pilot for the link.
Tribune sues U. of I. for applicant data -- chicagotribune.com
Tribune sues U. of I. for applicant data -- chicagotribune.com: "The Chicago Tribune filed a state lawsuit Tuesday against the University of Illinois demanding the immediate release of grade point averages and standardized test scores of the hundreds of college applicants placed on an internal list of well-connected students."
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The University of Illinois at Urbana-Champagne is trying to minimize the public disgrace of their clout list by trying to hide the evidence. I think the end result will be to compound the damage, because the Trib seems likely to win this lawsuit. They aren't asking for the names of the applicants--just their scores.
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The University of Illinois at Urbana-Champagne is trying to minimize the public disgrace of their clout list by trying to hide the evidence. I think the end result will be to compound the damage, because the Trib seems likely to win this lawsuit. They aren't asking for the names of the applicants--just their scores.
Holy Toledo! City acting like an HOA
Toledo, OH: People getting tickets for parking in their own driveways: "TOLEDO, Ohio (AP) -- Some people in Ohio complain they received $25 parking tickets last week when their vehicles were parked in their own driveways.
Toledo Mayor Carty Finkbeiner defends the citations, saying they were issued under a city law against parking on unpaved surfaces -- including gravel driveways. The mayor, who's facing a recall vote, says he stands by the city's acting commissioner of Streets, Bridges and Harbor, Susan Frederick, who wrote the tickets.
During a news conference Monday, Finkbeiner ignored a reporter's question of whether the crackdown and fines are at all related to the city's budget crisis."
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This is turning into a race for the bottom between cities and HOAs. Who can be the most petty and tyrannical?
Toledo Mayor Carty Finkbeiner defends the citations, saying they were issued under a city law against parking on unpaved surfaces -- including gravel driveways. The mayor, who's facing a recall vote, says he stands by the city's acting commissioner of Streets, Bridges and Harbor, Susan Frederick, who wrote the tickets.
During a news conference Monday, Finkbeiner ignored a reporter's question of whether the crackdown and fines are at all related to the city's budget crisis."
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This is turning into a race for the bottom between cities and HOAs. Who can be the most petty and tyrannical?
Monday, June 15, 2009
Virtual Charter School Survives Teachers' Union Lawsuit
K12 Inc. Announces Court Ruling in Favor of the Chicago Virtual Charter School: "HERNDON, Va.--(BUSINESS WIRE)--K12 Inc. (NYSE:LRN) is announcing that the Circuit Court of Cook County in Illinois issued summary judgment in favor of the Chicago Virtual Charter School (CVCS), dismissing a lawsuit brought by the Chicago Teachers Union that claimed the charter authorized by Chicago Public Schools and Illinois Board of Education was illegal.
The judgment ensures the continued lawful operation and funding of CVCS.
The Court concluded that the Plaintiffs arguments fail as a matter of law. The Court determined that CVCS is not a “home-based” school and therefore not in violation of charter school law, and that the school is in full compliance with the Illinois School Code."
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This school has over 500 students and uses curriculum from K-12, Inc., originator of this press release. The teachers' unions are bitterly opposed to charter schools, and they are also opposed to voucher programs, standardized objective testing of students, proficiency testing of teachers, and any other form of competition or accountability.
The judgment ensures the continued lawful operation and funding of CVCS.
The Court concluded that the Plaintiffs arguments fail as a matter of law. The Court determined that CVCS is not a “home-based” school and therefore not in violation of charter school law, and that the school is in full compliance with the Illinois School Code."
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This school has over 500 students and uses curriculum from K-12, Inc., originator of this press release. The teachers' unions are bitterly opposed to charter schools, and they are also opposed to voucher programs, standardized objective testing of students, proficiency testing of teachers, and any other form of competition or accountability.
CBS walls off neighborhood for reality show--The Live Feed

CBS walls off neighborhood for reality show--The Live Feed: "In the latest reality show 'social experiment,' CBS has walled off eight homes in an Atlanta suburb, forcing the neighbors inside to spend time with each other."
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How about dumping some chainsaws and axes over the wall?
Seriously, how many more pseudo-reality shows do we need? Why not just do a documentary about life in a real gated community?
Amateur hour in foreign policy continues
David Miliband calls Hillary Clinton to voice anger over Guantánamo inmates' transfer to Bermuda - Telegraph: "David Miliband has telephoned Hillary Clinton, US Secretary of State, to express the government's disappointment at the deal.
British officials were informed the four Chinese Uighurs were heading to the United Kingdom's oldest dependency only as they boarded their plane for Bermuda on Wednesday night."
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It is starting to look as though Obama is deliberately slighting the British. This is about the fourth time since January that Obama has shown disdain for the "special relationship."
British officials were informed the four Chinese Uighurs were heading to the United Kingdom's oldest dependency only as they boarded their plane for Bermuda on Wednesday night."
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It is starting to look as though Obama is deliberately slighting the British. This is about the fourth time since January that Obama has shown disdain for the "special relationship."
'Resurrection bug' revived after 120,000 years - life - 15 June 2009 - New Scientist

'Resurrection bug' revived after 120,000 years - life - 15 June 2009 - New Scientist: "A tiny bacterium has been coaxed back to life after spending 120,000 years buried three kilometres deep in the Greenland ice sheet.
Researchers who found it say it could resemble microbes that may have evolved in ice on other planets."
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Don't these people ever watch movies? Reviving frozen organisms = bad idea!
Dan Walker: Why is Illinois so corrupt? - Springfield, IL - The State Journal-Register
In My View: Why is Illinois so corrupt? - Springfield, IL - The State Journal-Register: "The adjourned session of the General Assembly failed abysmally to come to grips with Illinois’ pervasive state of corruption. Leading the failure were two Chicagoans — Mike Madigan, speaker of the House and John Cullerton, president of the Senate. The Chicago bloc fell in line behind them, demonstrating once again the baleful grip that Chicago’s Democratic machine, now 85 years old, has on this state.
It’s time to state the obvious. The primary cause of endemic corruption in Illinois is the Chicago political machine."
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A great history lesson from Dan Walker, who was Illinois' governor from 1973 to 1977. He did 18 months in federal prison for savings and loan fraud, but that was long after he left office.
It’s time to state the obvious. The primary cause of endemic corruption in Illinois is the Chicago political machine."
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A great history lesson from Dan Walker, who was Illinois' governor from 1973 to 1977. He did 18 months in federal prison for savings and loan fraud, but that was long after he left office.
Sunday, June 14, 2009
U.S. malls' ills give independent stores an opening | Industry Summits | Reuters

U.S. malls' ills give independent stores an opening | Industry Summits | Reuters: "NEW YORK (Reuters) - The wave of bankruptcies that has eliminated dozens of U.S. retail chains could force landlords to rethink their traditional aversion to having small, independent retailers as tenants, a retail real estate expert said on Thursday."
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Oh, so NOW you want the little people?
Hey, it's Florida
Brooksville's new dress code requires deodorant, underwear - St. Petersburg Times: "BROOKSVILLE — If you want to work for the city of Brooksville, be sure that you use deodorant, that your clothes fit properly and that you cover up your wounds and tattoos.
And, for goodness sake, wear underwear.
If not, you could violate the city's new dress code."
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The Mayor voted against it because "who's going to be the judge" of whether somebody is wearing undergarments?
Who, indeed?
And, for goodness sake, wear underwear.
If not, you could violate the city's new dress code."
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The Mayor voted against it because "who's going to be the judge" of whether somebody is wearing undergarments?
Who, indeed?
Stimulus Apologies - The Page by Mark Halperin – TIME.com
Stimulus Apologies - The Page by Mark Halperin – TIME.com: "Biden tells 'Meet the Press' that 'everyone guessed wrong' on the impact of the stimulus, economy was worse off than anyone thought.
Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer.
Plus: Doesn't rule out his own presidential aspirations."
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"Everyone" guessed wrong on the stimulus bill? Say what? I seem to remember every singe Republican member of the House of Representatives voting against the stimulus bill. The GOP position was that the stimulus would not work and was just a gigantic pork bill that doled out hundreds of billions to Democrat-friendly interests.
What a buffoon.
Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer.
Plus: Doesn't rule out his own presidential aspirations."
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"Everyone" guessed wrong on the stimulus bill? Say what? I seem to remember every singe Republican member of the House of Representatives voting against the stimulus bill. The GOP position was that the stimulus would not work and was just a gigantic pork bill that doled out hundreds of billions to Democrat-friendly interests.
What a buffoon.
Condition of Sacramento Congresswoman's home leads to blight complaints (9:55 a.m.) | Recordnet.com

Condition of Sacramento Congresswoman's home leads to blight complaints (9:55 a.m.) | Recordnet.com: "SACRAMENTO - John Bailey thought it was great when his neighbor was elected to the U.S. House of Representatives in 2007.
'Not everyone lives next door to a congresswoman,' he said.
But two years later, he doesn't feel so lucky. The congresswoman's house is abandoned and in disrepair, 'a blight on the neighborhood,' Bailey said.
He said he thinks the way Rep. Laura Richardson, D-Calif., has treated her home tells far more about her than her voting record."
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And this is one of the 435 people who make up the United States House of Representatives.
Saturday, June 13, 2009
Fitch Ratings Forecasts the Need for Massive Toll Increases
Fitch Ratings Forecasts the Need for Massive Toll Increases: "A major credit rating agency yesterday released a report reinforcing a negative outlook on the financial stability of the toll road industry. Fitch Ratings analyzed the performance of forty US toll road facilities during 2007 and 2008. It predicted that the roads would not see a recovery from the recession until 2011 at the earliest and that motorists would be paying more money in tolls as a result.
'Fitch expects the cost of highway travel to increase in real terms -- something that generally hasn't happened in the US historically,' the report stated. 'In other words the days of declining real toll rates may be gone. And while beneficial in the near term, higher toll rates over time could present challenges in the next downturn as the value of a low toll rate has borne itself out in this recession.'
The report emphasized how industry performance is at an all-time low. Traffic on thirty-three toll facilities dropped 4 percent in December 2008 compared to 2006 -- the largest such plunge since data was first collected in 1970. Revenue did not fall as sharply as traffic because most of the toll roads introduced sharp rate hikes to cover losses. During the same period, stand-alone toll road revenue dropped only 1.5 percent. For some roads, that may not be enough."
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Libertarians think toll roads are great, but there is that little problem of surviving recessions.
'Fitch expects the cost of highway travel to increase in real terms -- something that generally hasn't happened in the US historically,' the report stated. 'In other words the days of declining real toll rates may be gone. And while beneficial in the near term, higher toll rates over time could present challenges in the next downturn as the value of a low toll rate has borne itself out in this recession.'
The report emphasized how industry performance is at an all-time low. Traffic on thirty-three toll facilities dropped 4 percent in December 2008 compared to 2006 -- the largest such plunge since data was first collected in 1970. Revenue did not fall as sharply as traffic because most of the toll roads introduced sharp rate hikes to cover losses. During the same period, stand-alone toll road revenue dropped only 1.5 percent. For some roads, that may not be enough."
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Libertarians think toll roads are great, but there is that little problem of surviving recessions.
Rural Mich. counties turn failing roads to gravel | roads, mich, counties - Top Stories - WWMT NEWSCHANNEL 3
Rural Mich. counties turn failing roads to gravel | roads, mich, counties - Top Stories - WWMT NEWSCHANNEL 3: "LANSING, Mich. (AP) - Some Michigan counties have turned a few once-paved rural roads back to gravel to save money.
More than 20 of the state's 83 counties have reverted deteriorating paved roads to gravel in the last few years, according to the County Road Association of Michigan. The counties are struggling with their budgets because tax revenues have declined in the lingering recession."
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So Michigan's cities are crumbling and being bulldozed (see below), and so are the rural roads, and government doesn't have enough money to do much about either.
More than 20 of the state's 83 counties have reverted deteriorating paved roads to gravel in the last few years, according to the County Road Association of Michigan. The counties are struggling with their budgets because tax revenues have declined in the lingering recession."
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So Michigan's cities are crumbling and being bulldozed (see below), and so are the rural roads, and government doesn't have enough money to do much about either.
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