news

We're In A Lot Of Trouble

Odessa files for protection

Management firm to stay open while reorganizing

By Katy Stech | The Post and Courier

A Mount Pleasant firm that provides property management services to more than two dozen local homeowner associations has filed for bankruptcy protection after some of its real estate investments soured.read more »


Armed 85-year-old woman makes intruder call cops

POINT MARION, Pa. — An 85-year-old woman boldly went for her gun and busted a would-be burglar inside her home, then forced him to call police while she kept him in her sights, police said.

"I just walked right on past him to the bedroom and got my gun," Leda Smith said.read more »


Halliburton's Hidden Treuhand

by Shelley Stark, t r u t h o u t | Report

Halliburton takes advantage of a European loophole that lets corporations hide beneficiaries and assets.

Little is known of a customary European legal practice that offers corporations and individuals an opportunity to profit from assets while maintaining complete anonymity of the beneficiary's identity. This practice is referred to as "Hidden Treuhand" in the English language. The practice of Hidden Treuhand submits to legal local customs in Austria, Germany, Liechtenstein, Luxemburg and Switzerland, but due to globalization, has moved beyond European borders via corporations and individuals, who put it to personal use.read more »


The Fiasco of Suburbia, Its Implications, and Its Destiny

By James Howard Kunstler

America's epical fiscal crisis that we are now seeing has everything to do with our living arrangement and the choices we have made about that in the last 60 years…

These choices were primarily a response to the circumstances of the time, mainly cheap land in a large continent and a lot of cheap energy. These choices were also a reaction against the great industrial cities of the 19th century. These enormous industrial worker slums had never been seen before…and it really scared people and it was full of all kinds of problems. You get the noise and the filth of the industry and the pollution and the health problems. You start to get these enormous sanitary problems and epidemics from bad water and bad living conditions with no light and no fresh air and terrible social behavior.read more »


Eagles - Busy Being Fabulous

Trading Places - The demographic inversion of the American city.

Will Chicago, the city of slaughterhouses and skyscrapers, soon look like haute bourgeois nineteenth-century Vienna?

Alan Ehrenhalt, The New Republic

Thirty years ago, the mayor of Chicago was unseated by a snowstorm. A blizzard in January of 1979 dumped some 20 inches on the ground, causing, among other problems, a curtailment of transit service. The few available trains coming downtown from the northwest side filled up with middle-class white riders
read more »

Hysteria: 'Joke' 9/11 stickers force aircraft evacuation

The Salt Lake Tribune

BOSTON - A Delta Air Lines flight from Massachusetts to Salt Lake City was evacuated after a sticker referring to 9/11 was found.

2News reports the incident occurred on Wednesday after a flight attendant found a sticker in the plane's lavatory and on a tray table that read, "9/11 was an inside job!" The words were followed by the web address for Prison Planet.com.read more »


Goldman Sachs buys $300 mln gated community in Moscow

Goldman Sachs, leading global investment banking, securities and investment management firm, has bought a $300 million gated community in northwest Moscow, a Russian business daily said Friday.

The deal, carried out through Whitehall Street Real Estate Funds, a Goldman Sachs Group affiliate, is probably the group’s first real estate acquisition in Russia, Kommersant reported. Goldman Sachs bought Pokrovsky Hills, a 260-unit townhouse community, from another US firm, AIG Global Real Estate. The community is situated in a hilly and wooded area adjacent to the Anglo-AmericanSchool in the northwest outskirts of the Russian capital.read more »


Family rents home with no water since May

Jane Lerner and Akiko Matsuda | The Journal News

HAVERSTRAW -A village woman and her children have been living in a rental house under foreclosure that hasn't had water since May, health inspectors said yesterday.read more »