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Vertical 'Pinkhouses:' The Future Of Urban Farming?

Wed, 22 May 2013 00:00:00 -0700

All Things Considered - May. 22 (News Report) - Architects have come up with spectacular concepts for vertical farms that would grow crops in city skyscrapers. But many horticulturists think the future of vertical farming isn't in skyscrapers, but rather in large, indoor warehouses lit up magenta by superefficient LEDs.

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China Housing Bubble Cools, But Prices Still Higher

Sun, 19 May 2013 00:00:00 -0700

Forbes - By Kenneth Rapoza, Contributor - May. 19 (News Analysis) - China's property market cooled a bit in April, but home prices are still on the rise, the National Bureau of Statistics said Saturday.

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All Politics Is Economic

Mon, 15 Apr 2013 00:00:00 -0700

New York Times - By Masha Gessen - Apr. 15 (Opinion) - Latitude: How Politics Controls Russia's Media Business

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A wave of foreclosures then a land rush in Prince George’s

Tue, 02 Apr 2013 00:00:00 -0700

Washington Post - By Annys Shin - Apr. 02 (News) - Ash Sirazul knew he had made a mistake as soon as he raised his hand. A few feet away, the auctioneer acknowledged his bid. “Ninety seven thousand. Any advance?” The price was too high for the vacant Temple Hills townhouse Sirazul was standing in front of, along with several dozen other eager bidders. Read full article >>

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How College Hoops' Cinderella Pulled Itself out of the Swamp

Fri, 29 Mar 2013 00:00:00 -0700

Mother Jones - By Tim Murphy - Mar. 29 (News) - The Florida Gulf Coast University Eagles, the first 15-seed ever to reach the NCAA basketball tournament's second weekend, are the toast of March Madness on the basis of their high-flying style (nickname: " Dunk City ") and up-from-nowhere story. Less than two decades ago, FGCU was little more than a collection of trailers looking out over a swamp. Today its hoops team is hanging with the heavyweights. The less inspiring story, however, is how FGCU rose up out of the swamp. To put it bluntly: The school paved over it, using government connections to pressure the US Fish and Wildlife Service into green-lighting the development and in the process wiping out one of the last vital habitat areas of the severely endangered Florida panther. FGCU's is a particularly extreme version of a familiar story. For a century, South Florida developers have stared down all comers—and methodically reshaped the environment in the process. Continue Reading ...

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PoliGraph: Marriage amendment ad misleads

Fri, 19 Oct 2012 00:00:00 -0700

American Public Media - Oct. 19 (Opinion) - In a new ad Minnesota for Marriage, the main group supporting a constitutional amendment that would define marriage as between one man and one woman, argues that Minnesotans should vote for the amendment to prevent people from being punished for their vi

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Mitt Romney: Richer Than You Think

Mon, 24 Sep 2012 00:00:00 -0700

Mother Jones - By Josh Harkinson - Sep. 24 (Special Report) - Is Mitt Romney richer than he's letting on? It's generally agreed that, if elected in November, Romney would be the wealthiest president in American history, but the extent of his wealth goes well beyond what is normally reported in the press. According to the Romney campaign's most recent disclosure of his personal finances, he's worth between $190 and $250 million . However, those figures only include financial assets such as stocks, bonds, and cash. Presidential candidates are not required to disclose a variety of other potentially high-value holdings, including family real estate and money in certain trusts and charities. Here are some of the Romney assets that don't show up in typical measures of his wealth: Romney's beach house in La Jolla, CA Zillow Houses: +$18 million Unlike most Americans, Romney keeps only a small portion of his wealth locked up in residential real estate—"small" being a relative term here. In 2008, the Romneys dropped $12 million on a beachfront house ...

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Housing prices: Agents make houses sell for a lot less. On purpose.

Tue, 18 Sep 2012 00:00:00 -0700

Christian Science Monitor - By Schuyler Velasco - Sep. 18 (Special Report) - Housing prices are manipulated by shady real estate agents who practice 'flopping.' Instead of making homes look good to raise housing prices, tey make them look bad so banks will sell them for a loss. ...

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Palestinians warned about economy

Wed, 25 Jul 2012 00:00:00 -0700

BBC News - Jul. 25 (News) - The World Bank says the recent economic growth in the Palestinian Territories is unsustainable because of its heavy reliance on foreign aid.

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The Great California Exodus

Sat, 21 Apr 2012 00:00:00 -0700

Wall Street Journal - By Joel Kotkin, ALLYSIA FINLEY - Apr. 21 (Interview) - A leading U.S. demographer and 'Truman Democrat' talks about what is driving the middle class out of the Golden State.

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Phoenix rising: Can “the world’s least sustainable city” go green?

Mon, 13 Feb 2012 15:35:00 -0800

Grist - By Greg Hanscom - Feb. 13 - What was the most surprising thing that came out of Andrew Ross’s two-year research stint in Phoenix, Ariz.? For my money, it’s this: People who live there (weirdly) don’t expect their desert civilization to collapse around them at any moment. “One of Ne

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State sues five big US lenders

Thu, 01 Dec 2011 00:00:00 -0800

bostonglobe.com - Dec. 01 (News) -

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Wells Fargo is not your amigo

Sat, 29 Oct 2011 00:00:00 -0700

Salon - By Tim Fitzsimons - Oct. 29 (News Analysis) - The banking giant preys on minorities while its executives donate to anti-immigration Republicans

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Refinancing mortgages could get easier

Tue, 18 Oct 2011 00:00:00 -0700

San Francisco Chronicle - Oct. 18 (Other) - Refinancing mortgages could get easier San Francisco Chronicle Jean McGuinness has excellent credit, makes a good income and has never been late on a mortgage payment for the Alameda house she bought eight years ago. She could save several hundred dollars a month by refinancing at today's low interest rates, ... Mortgage rewrites add to debt Cincinnati.com Refinancing Chills US Home Purchases Amid Economic 'Squeeze' Financial Advisor Magazine Getting Mortgage Forgiveness On Home Loan Principal Remains A Focus Amid ... Red, White, and Blue Press Lewiston Sun Journal Authority Empire all 12 news ...

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Gavin Newsom Flees San Francisco

Wed, 13 Jul 2011 00:00:00 -0700

Huffington Post - By Aaron Sankin - Jul. 13 (News Report) - It didn't take long after vacating City Hall for former mayor Gavin Newsom to hightail it out of San Francisco. Wife, daughter and newborn son in tow, the lieutenant governor crossed the Golden Gate Bridge and set up camp inside his in-laws' five bedroom, five bath Marin County estate. Both Newsom and his wife, Jennifer Siebel Newsom, grew up in Marin, so this move must doubtlessly feel like a homecoming for the couple. Newsom went to Redwood High School in Larkspur and his wife attended the Branson School, only a few short steps from her childhood home in Ross.

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'Double-Dip' in Housing Prices Even Worse Than Expected

Tue, 31 May 2011 00:00:00 -0700

Reuters - May. 31 (News) - U.S. single-family home prices dropped in March, dipping below their 2009 low, as the housing market remained bogged down by inventory and weak demand, a closely watched survey said Tuesday.

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Can the IRS really do this?

Tue, 29 Mar 2011 00:00:00 -0700

Baltimore Sun - By Jay Hancock - Mar. 29 (Opinion) - This is really really disturbing. It seems to reveal a side of the IRS that I never knew existed. According to the NYT's Joe Nocera, an IRS investigator basically stalked ultra-marathoner Charlie Engle because he wondered about how he supported his lifestyle.

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BofA Segregates Almost Half of its Mortgages Into ‘Bad Bank’

Wed, 09 Mar 2011 00:00:00 -0800

Bloomberg - By Dawn Kopecki - Mar. 09 (News) - Bank of America Corp. (BAC), the biggest U.S. lender by assets, is segregating almost half its 13.9 million mortgages into a “bad” bank comprised of its riskiest and worst-performing “legacy” loans, said Terry Laughlin, who is running the new unit.

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Councilman Proposes Lowering City Property Tax Rate - Politics News Story - WBAL Baltimore

Tue, 08 Mar 2011 00:00:00 -0800

WBAL-TV - Mar. 08 (News) -

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A Liberal Is a Villager Who’s Been Screwed By a Mortgage Servicer

Sun, 06 Mar 2011 00:00:00 -0800

Firedoglake - By David Dayen - Mar. 06 (Opinion) - Sometimes it takes only a little shared experience to recognize the major problems in our society. For Milbank to understand the mortgage crisis, he needed to experience it first-hand. And he recognizes that he’s one of the relatively luckier ones; borrowers without his income stream or resources are being forced into foreclosure when they confront these situations.

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U.S. Pushes Mortgage Deal

Thu, 24 Feb 2011 00:00:00 -0800

Wall Street Journal - By Nick Timiraos, Dan Fitzpatrick, Ruth Simon - Feb. 24 (News) - The Obama administration is trying to push through a settlement over mortgage-servicing breakdowns that could force America's largest banks to pay for reductions in loan principal worth billions of dollars.

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Home Sales Data Doubted

Tue, 22 Feb 2011 00:00:00 -0800

Wall Street Journal - By Nick Timiraos - Feb. 22 (News Report) - The housing crash may have been more severe than initial estimates have shown. The National Association of Realtors is examining the possibility that it over-counted U.S. home sales dating back as far as 2007.

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Housing Crash Is Hitting Cities Once Thought to Be Stable

Mon, 14 Feb 2011 00:00:00 -0800

New York Times - By David Streitfeld - Feb. 14 (News Report) - The rolling real estate crash that ravaged Florida and the Southwest is delivering a new wave of distress to communities once thought to be immune — economically diversified cities where the boom was relatively restrained.

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Maryland's two casinos make $10.8 million in January

Mon, 07 Feb 2011 00:00:00 -0800

Baltimore Sun - Feb. 07 (Opinion) - Maryland's two slots casinos generated nearly $10.8 million in revenue in January as the state's gambling program expands, the Maryland Lottery reported Monday. The Hollywood Casino in ...

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When Irish Eyes Are Crying

Sat, 05 Feb 2011 00:00:00 -0800

Vanity Fair - By Michael Lewis - Feb. 05 (Special Report) - First Iceland. Then Greece. Now Ireland, which headed for bankruptcy with its own mysterious logic. In 2000, suddenly among the richest people in Europe, the Irish decided to buy their country—from one another. After which their banks and government really screwed them. So where’s the rage?

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