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Supreme Court Knocks Out Redevelopment Agencies
The area where Petco now exists looked like a post-apocalyptic landscape. Where was the outrage then,where was the press,where was Don Bauder. ======= The area where Petco was built was filled with warehouses and commercial buildings that employed hundreds. The area was a thiving incubator of small businesses. Just like the Grantville area is today. It was nowhere near Berlin 1945.— December 29, 2011 9:59 p.m.
State Prisons Appear to Fall Short on Overcrowding Reduction Order
The fact is we have penalties that are FAR too harsh for minor offenses. Especially when the accused has priors. That is where you get dork DA's charging a third strike with a 25-life term over stealing a slice of pizza or steal a few videos from K-mart.......... granted these people were career criminals but do we REALLY want to lock them up at a cost of over $50 per YEAR??? Sorry, not me. The cost is too high for the minor offenses..... ========== What the studies shows is that the average three striker gets away with 200 or more indvidual crimes before being caught. It's not the fact that the three striker stole videos from K-Mart. The reality is that the average three strikers will have committed over 200 crimes before being caught stealing videos at K-Mart. That is why a three striker should be sentenced to life in prison for stealing videos or pizza.— December 28, 2011 11:13 a.m.
State Prisons Appear to Fall Short on Overcrowding Reduction Order
Each prisoner upon sentencing should receive a numerical score based on the severity of the crime, prior criminal history, etc. The numbers of prisoners incarcerated should be capped at a reasonable number in order to limit the burden on the taxpayer. If the total prison population goes over the cap, say 65,000 prisoners at anyone time, those prisoners with the highest point total should be summarily executed in order to bring the number below the 65,000 cap.— December 27, 2011 7:12 p.m.
Chicago Sun-Times Bought for About $20 Million
Papa Doug split the U-T into two pieces, as reported in the media. A separate LLC was formed to purchase the land and building, and a second LLC was formed to purchase the paper. The paper will have to pay rent to the other LLC to use the building. Dougo will probably suck the rent money out of the U-T and use it to pay the acquisition loan. Other media sources have reported that the land and building were appraised at $45 million by the county assessor, which is probably pretty close to the actual purchase price of the land and building alone. Dougo and Platinum would have to negotiate the allocation of the purchase price. I assume Dougo borrowed most of the purchase price. How he allocated the acquisition debt between the paper and the land is the real question. If all the debt went against the land and none against the paper, Dougo could shut the paper down in a heart beat without engaging in complex negotiations with his lenders.— December 22, 2011 9:56 p.m.
Failure to Extend Payroll Tax Break, Jobless Pay Could Hurt, Says Economist
Corvette sales are the most reliable indicator of the health of the economy. As the sales figures below indicate, the economic recovery has yet to begin. 2006 36,518 2007 33,685 2008 26,971 2009 13,934 2010 12,624 In 2011, a total of 9,123 Corvettes were sold through August. The Corvette sales figures indicate that the economy has at best bottomed out, but there is no sign of a recovery in the sales data.— December 21, 2011 10:43 p.m.
Do Manchester, Lynch Read Economic News?
The expose on the Nixon Administration's efforts to stop the criminal investigations of C. Arnholt Smith was published in the 3/24/72 edition of LIFE Magazine. GOOGLE books has the article. David Stutz was the investigator who got the ball rolling. ..http://books.google.com/books?id=elIEAAAAMBAJ&pg=PA33&lpg=PA33&dq=%22C.+Arnholt+Smith%22+stutz&source=bl&ots=dgqiWe7IgS&sig=OuTDjpvS1Jk7ugcXtSAzONx8fxc&hl=en&sa=X&ei=vtfuTqWSHamwiQKd0oDHCg&sqi=2&ved=0CCoQ6AEwAg#v=onepage&q=%22C.%20Arnholt%20Smith%22%20stutz&f=false— December 18, 2011 10:37 p.m.
Do Manchester, Lynch Read Economic News?
C. Arnholt Smith's daughter wound up homeless in her twilight years and lived in her car for a time. She got off the streets by obtaining a job as caregiver to an elderly couple in exchange for room and board.— December 18, 2011 10:31 p.m.
San Diego Convention Center liars
Assuming the room rental figures were deliberately inflated, there probably would be no crime unless a lender, bond issuer, or some other entity relied on those figures to their detriment. In other words, a lender made a loan that it would not have otherwise made if the true room rental figures were disclosed. Publishing false rental data under such circumstances could constitute fraud.— December 17, 2011 7:24 p.m.
San Diego Convention Center liars
The downtown hoteliers appear to be behind the push to expand the convention center. These hoteliers apparently believe that expanding the convention center will raise the value of their hotels, thereby enabling them to unload their properties on unsuspecting suckers. The expanison will likely have little or no effect on hotel occupancy. The convention center is big enough as it is. Tranporting 12,000 conventioneers by air to San Diego to attend a convention burns over one million pounds of aviation fuel. With world oil supplies dwindling, and fuel costs soaring, conventions will soon be a thing of the past.— December 17, 2011 2:16 p.m.
Moss Out of New U-T Lineup
The U-T should assign a reporter to cover and report on the breakfast meeting as if it were a real news story. This will be a test of whether the U-T is capable of covering Manchester in an unbiased manner. It might also be the first time in the Grand's history that there are more guests present at the hotel than staff. Not much demand in today's economy for hotel rooms that start at $350 per night.— December 7, 2011 2 p.m.