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The Dow plunged Monday more than 370 points and oil prices rocketed more than $25 a barrel - the biggest one-day jump ever - as anxiety about the government's $700 billion bailout plan sent new shockwaves through the markets. ...more
September 23, 2008
The Bush administration, moving to prevent an economic cataclysm, urged Congress on Friday to grant it far-reaching emergency powers to buy hundreds of billions of dollars of distressed mortgages despite many unknowns about how the plan would work. ...more
September 20, 2008
As officials in Washington raced to put together a bailout plan for the nation's teetering financial system, Sen. John McCain hammered Sen. Barack Obama as part of the problem while Obama said any rescue should include a new stimulus package for families. ...more
September 20, 2008
Vienna's renowned Spanish Riding School - famed for its white Lipizzaner stallions and their elegant strutting and sprightly dancing - is on the verge of bankruptcy, officials warned Friday. ...more
January 12, 2008
Recently there appeared several articles about the privately owned sewage plant off Thunderbird Road, serving a small subdivision in this area. Let me share facts and thoughts about this debacle. The present owner appears to be David Plank, who inherited this facility from his now deceased father, Seth Plank, about six years ago. The elder Mr. Plank subdivided and platted this area mostly consisting of Sunbird Circle, about 50 to 60 lots zoned for mobile home single- and double-wide units. Understand, as a developer a business was created to make a profit on the sale of lots. Part of the plan was to provide a treatment plant to serve this development. A cheap, substandard plant was built with a planned obsolesces to be 20-25 years. ...more
December 6, 2007
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