| A new leniency in mortgage rescues
The mortgage industry gladly helps people buy homes when the market is up. How much will it help borrowers keep their homes in down times? Last week, the Bush administration got an answer: When all parties win in loan readjustments. Since August, the Treasury Department has corralled top players in the business to set a new industry standard for rescuing homeowners who will face higher interest rates in the next couple years under what are called subprime loans, or 6.5 percent of all mortgages. A collective response by lenders will be one small step for easing a housing depression and a giant leap for many borrowers. By winning such a pact to aid troubled homeowners who meet certain credit thresholds, the government must now watch closely to see how this finely threaded deal plays out – and how fast.
Twenty-five U.S. Military Officers Challenge Official Account of 9/11
I was a lifelong conservative Republican that voted for Bush/Cheney, twice. Curiosity about JFK’s death, after a late night TV re-run of Oliver Stone’s movie, got me started researching and digging for the truth about his assassins. "My research led me to a much more important and timely question: the mystery of what really did happen on 9/11. Everything that seemed real, turned out to be false. The US government and the news media, once again, were lying to the world about the real terrorists and the public murder of 2,972 innocents on 9/11. .
Unshackle Upstate offers sensible ideas for tax reform
The cost of doing business in New York is the second-highest in the nation, according to the Milken Institute's annual index. It ranked the 50 states according to wages, tax burden, the cost of power and rents. When the states were compared, New York was 31 percent above the national average. Ouch! That sorry news came in a week when the Unshackle Upstate coalition announced its ambitious policy agenda for 2008. This coalition of more than 60 organizations wants Albany to focus on tax relief, economic development policies and regulatory reform. Unshackle Upstate's agenda for tax relief offers several ideas that make sense, especially to small business. These are the businesses that are more likely to stabilize upstate's economy in the long run, since the days of the company town are long gone here.
former Governor Sundlun has lived a life few ever will.
Sundlun entered Williams College in September 1938. When Hitler invaded Poland a year later, Sundlun, a sophomore, suspected that America eventually would be drawn into the conflict — and when it was, young men like him would be ordered to duty. Ground soldier seemed too perilous and he was no swimmer, which made him leery of the Navy. He decided flying was his best ambition. In the summer of 1940, Sundlun earned his pilot's license in the Civilian Pilot Training Program, which President Roosevelt, concerned with the deteriorating situation in Europe, had established. Sundlun's first plane was a Piper Cub. He flew out of Theodore Francis Green State Airport , where, decades later, a new terminal would be named for him in recognition of his efforts as governor to modernize and expand the facility.
Life goes on for family a year after devastation
He had bought his beach house in L.A. at the bottom of the market and sold it for a good price. In their neighborhood, dubbed 4-S Ranch for the rural property that once spanned these hills north of San Diego, they were able to buy a lovely three-bedroom home with vaulted ceilings. They added a patio with a fireplace and a shiny grill for Scott, who loved cooking exotic dishes inspired by years of world travel. Coming to terms Without Scott, though, the grill sat unopened. These days, Kathy was lucky if she got a bowl of corn flakes for dinner. Samantha was not a great sleeper. In the middle of the night, Kathy rocked her, pondered Scott's condition and wept with her baby. "Slowly, I learned to accept it," Kathy said. By May, Kathy and Scott knew they needed to learn more about how Scott could live with his paralysis.
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