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The Papers Today

First off nice to know so many are enjoying this…..

www.sunsentinel.com

Front page….second part of the 3 part series of foreclosure… (previous post shows 8 in LBTS.)…. Today’s focus is on Miramar…mortgage defaults…foreclosures…adjustable -rate mortgages…

I remeber quite vividly, how many times over the last few years those who bought… putting 0 down…finding a balloon payment looming in the their not so distant future….mortgage brokers…(who I believe should take much of the to blame for this mess)…tweaking the numbers to overextend the buyers…and those who actually face double trouble now for getting equity loans …and using them to be speculators in real estate.

This is why so many are walking away from deposits on condos…which I have heard might be the case right here in LBTS….(hearsay of course)….even now when I hear that sales are good at a new development….sales and a deposit do not equal…the guarantee that the buyer will be there in the end!

Cuba’s Old Guard keeps a grip on its future….we here in LBTS know all too well what an Old Guard firm grip feels like…luckily we had the ability to vote them out!

He’s Back! Ralph Nader…back in the thick of things…in the papers, on Tim Russert…happy news to the Republicans…. a return of that sinking feeling in the bellies of Democrats!

What exactly are his Green Party numbers these days?

Asked by Russert yesterday about the impact he had on Al Gore resulting in George Bush becoming the victor….implying it was Nader’s fault…Nader responded…incredulously… to Russert…..it had nothing to do with the candidates themselves?

I like Ralph Nader…not his politics…but the way he actually lives the way he expects and espouses other to live….unlike any of the other politicians in both parties…who live large, cloaked in trusts, off shore accounts, government top of the line medical care, pensions etc….

Old cruise ship terminal spurs fight over land use…. New York…land use…neighborhoods…congestion…polution…quality of life…developers…and money!

No matter the size…the location…it will always be prevalent with moving ahead with development…

Editorial ….Deerfield’s invocation…(earlier posting on this)… the distraction of this being front and center…editor’s bottom line…religion has no place in city hall…..we need to deal with this here….ASAP but no distraction…. just a quick agreement…rotate faiths…if they are interested in participating…keep it simple…(new mayor…please do not cross yourself as the former mayor did.)

Opinions…Evolution and Creationism…Pompano resident, Gunther L. Eichhorn…excellent…worth a read!

Local section…Pompano Beach…the horse industry and their demise..due to the slots…seemingly unfair tactics by the race park owners… and the future of harness racing disappearing altogether. The Sentry addressed this about a year ago.

Contracters with connections? Four builders donated to six current school board member’s campaigns ….Hmmmm….

Pompano Beach is currently under the skeptical eye of the voters for accepting donations from those who might come before them…www.flsentry.com

(J.P. Bender…previous articles)…and right here in LBTS it was an issue and still is with our new mayor and those who donated to her campaign.

This is a case in point article why so many think this is a definite conflict and she will have to recuse herself.

Disney wines and dines both parties….big bucks to both parties…and picks up the tab for events…I feel just the same as I did about Waste Management giving big time galas at League of Cities Conventions…yes, I know it’s business…yes, I know our representatives need to attend the convention…but I hope that next time whoever attends thinks twice about the gala! Waste Management will be coming before all those who might attend in future…when it is time to decide on using their service.

www.miamiherald.com

Business section…My View…Tom David…Is going green overated?

Worth a look…put the politically correct stuff aside for a minute…and look at the costs…(previous post…recycling costs)…and what is accomplished?

I just can not wrap my head around the “carbon neutral” thing…and if you look at the new millionaires…young…energetic and in the corporate world of “carbon neutral” exchanges in the millions for corporations and countries to do business as usual…only to feel no guilt, probably write it all off… and the brokers…. they are these new millionaires…looks like a big shell game to me!

More to come later…..

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