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Archive for December 5th, 2005
Monday, December 5, 2005 Commercialize Christmas … or else By Ian Mylchreest If you thought that Christmas was getting to commercial, you're joining a long line of people who have thought the same thing. Now, however, the New York Times notes the belief that Christmas is a traditional festival may go back no farther than the 1920s.
The Puritans, for example, outlawed the celebration of Christmas as a [...]
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Monday, December 5, 2005 Real estate fraud is a billion dollar business By Ian Mylchreest The Los Angeles Times reports that real estate fraud has reached unprecedented levels. The FBI reports that the number of cases has tripled in the last two years.
That, of course, is the result of the boom, or bubble, in the real estate business. Mortgage fraud has also been boosted by the unprecedented number of refinancings [...]
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Monday, December 5, 2005 Let's get control of loony lawsuits By Len Butcher
It’s Monday, so I think you all deserve some zany-ness in your lives and the following gives us a glimpse into just how nuts our courts have become. Kathleen Robertson of Austin, Texas was awarded $780,000 by a jury of her peers after breaking her ankle tripping over a toddler who was running inside a [...]
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Monday, December 5, 2005 Walters: When will it all end? By Steve Sebelius What in the hell is going on here?
That, dear readers, is the only possible reaction to the latest revelations about golf course developer Bill Walters, who's had more sweetheart deals in this town than the U.S. Air Force has bombs. And, for the life of us, we just can figure it out.
First, let's [...]
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Monday, December 5, 2005 Porter restores honor and dignity to Congress By Steve Sebelius We note that our friend and colleague Erin Neff, the Review-Journal's political reporter, talked with U.S. Rep. Jon Porter about returning money donated by some of the more felonious fellow members of his Republican Party.
(Porter has taken lots of money from indicted U.S. Rep. Tom DeLay and confessed bribe-taker, former U.S. Rep. Randy "Duke" [...]
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Monday, December 5, 2005 Icahn makes his move on hotel chain By Ian Mylchreest Corporate raider Carl Icahn has declared his intentions for Fairmont Hotels and Resorts Inc., reports the Toronto Globe and Mail.
He will pay $40 a share to acquire 51 percent stake and control of the company. He wants to force Fairmont to sell to a larger operator, which can "take advantage of economies of scale," [...]
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