Malone decide to up his ownership by 1 million acres to unseat Ted Turner
Comments »#OCCUPYWALLSTREET: Holy Shit, Warren Buffett’s Son is an Idiot
Foreclosures Fall in Q3, But Default Notices Increase 14% QoQ
The FOMC Minutes Are Out and They Are Bullish
FOMC minutes say some Fed officials sought to retain option of QE3
MANY FOMC MEMBERS SAID INFLATION RISKS `WERE ROUGHLY BALANCED’
FOMC OFFICIALS SAW `SIGNIFICANT’ RISKS TO OUTLOOK FOR GROWTH
Comments »B.S.R. Math
U.S. Manufacturing Lives
Harrisburg Pennsylvania Files for Bankruptcy
Facing a state takeover the lawyers for muni file for bankruptcy last night.
Comments »Fannie Mae: Home Buyers Throw in the Towel
M2 Correlates to a Dramatic Drop in Industrial Production
Small Business Sentiment Upticks For the First Time in 7 Months
U.S. Banks Offer Teaser Rates on Credit Cards to Encourage Debt Spending
0% is being offered to entice clients to spend. Of course those with money will take advantage of this.
Comments »Brooklyn Tough Oakland Raiders Owner & NFL Pioneer Al Davis Dies
Al Davis, the renegade owner of the Oakland Raiders who bucked NFL authority while exhorting his silver-and-black team to “Just win, baby!,” died Saturday. He was 82.
The Hall of Famer died at his home in Oakland, the team said. The cause of death was not immediately disclosed.
Davis was one of the most important figures in NFL history — a rebel with a subpoena. That was most evident during the 1980s when he went to court — and won — for the right to move his team from Oakland to Los Angeles. Even after he moved the Raiders back to the Bay Area in 1995, he sued for $1.2 billion to establish that he still owned the rights to the L.A. market.
It was Davis’ willingness to take on the establishment that helped turn the NFL into money-making giant that it is — the most successful sports league in American history.
“Al Davis’s passion for football and his influence on the game were extraordinary,” commissioner Roger Goodell said. “He defined the Raiders and contributed to pro football at every level. The respect he commanded was evident in the way that people listened carefully every time he spoke. He is a true legend of the game whose impact and legacy will forever be part of the NFL.”
But Davis was hardly an NFL company man.
Not in the way he dressed — usually satin running suits, one white, one black, and the occasional black suit, black shirt and silver tie. Not in the way he wore his hair — slicked back with a ‘50s duck-tail. Not in the way he talked — Brooklynese with Southern inflection. Not in the way he does business — on his own terms, always on his own terms.
Elected in 1992 to the Pro Football Hall of Fame, Davis was a trailblazer. He hired the first black head coach of the modern era — Art Shell in 1988. He hired the first Latino coach, Tom Flores; and the first woman CEO, Amy Trask. And he was infallibly loyal to his players and officials: to be a Raider was to be a Raider for life.
Coach Hue Jackson told the team of Davis’ death at a meeting in Houston on Saturday morning.
Davis was charming, cantankerous and compassionate — a man who when his wife suffered a serious heart attack in the 1970s moved into her hospital room. But he was best known as a rebel, a man who established a team whose silver-and-black colors and pirate logo symbolized his attitude toward authority, both on the field and off.
Until the decline of the Raiders into a perennial loser in the first decade of the 21st century he was a winner, the man who as a coach, then owner-general manager-de facto coach, established what he called “the team of the decades” based on another slogan: “commitment to excellence.” And the Raiders were excellent, winning three Super Bowls during the 1970s and 1980s and contending almost every other season — an organization filled with castoffs and troublemakers who turned into trouble for opponents.
“Al was a football man — his entire life revolved around the game he loved,” said Tennessee Titans owner Bud Adams, an original AFL owner of the Houston Oilers. “He worked his way up through the ranks and had a knowledge of all phases of the game. That experience aided him as an owner. He was quite different from every other owner in that way. As an AFL guy, he was in that group of people who pushed our league forward. I didn’t get to see him over the last few years and I know many, including myself, will miss him.”
READ MORE HERE AT WASHINGTON POST
Comments »A History of Growing Pains In Urban Sprawl
Would not call it a ponzi scheme, but rather a mistake to anticipate future problems. As always man does without thinking of consequences. Preventive medicine should be our first thought process.
Comments »Proof of Banking Fraud; Where Are the Indictments ?
The Housing Hat Trick
State of the Union: Multi Generational Households Increases Over 10%
I never understood why this was a bad thing. So long as you have separate living quarters this is an opportunity to hang with the ones you love and it should also boost personal balance sheets.
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