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Let’s start with some good news. In the July issue of the Foghorn I gave you a copy of my letter to Mayor Goodman and the Las Vegas City Council on the subjects of eminent domain, Mortgage Resolution Partners (MRP) and the Nevada Constitution’s Article l Sec.22.
In the letter I asked the Mayor and Council to please publicly reject MRP’S proposal to use eminent domain for the corporation’s profit.
Mayor Goodman was kind enough to respond to me. In her letter she advised me the subject came up again subsequent to my September 2012 presentation and at that time “...Council members reiterated their position that this is not an activity to be undertaken by the City of Las Vegas.”
At least there is one government in Clark County that has rejected MRP’s crony capitalistic, “socialize risk and privatize profit” run at the Nevada Constitution.
As the drums of war beat louder and louder the headlines are the same as they have always
been. “Obama weighs Syria options” RJ 8/27/13. Of course before that it was “Bush (W) weighs
Iraq options” or Bush (HW) weighs Kuwait options” or “LBJ weighs Vietnam options.” I can just
see the headline:
There sure has been some interesting activity in the newspaper business recently. The New York Times dumps the Boston Globe taking an almost 90% loss on their investment. The Times, of course, is the paper always telling us how to budget and finance the government. Maybe they could get some investment and operating tips from Investor’s Business Daily and the Wall St. Journal.
The Washington Post is sold to Jeff Bezos of Amazon.com fame basically for peanuts while the family (& Warren Buffett) holds on to the money making parts of the business. I wonder if Mr. Bezos sees himself as the Orson Welles character in Citizen Kane.
Finally, right here in our own back yard three of the four sibling owners of the Sun
want to terminate the Joint Operating Agreement with the Review- Journal. I read two
opposing takes on the proposal. One “expert” said the Department of Justice would oppose
it and the other said, more accurately I think, the Justice Dept. will have no say at all
because you can’t force people to stay in business if they don’t want to (at least not yet).