LAURA POITRAS credit: Ruby Washington/New York Times photographer - borrowed w/o permission
security state

Dangers of the US Security State

There are those, in response to the recent revelations of the US government vacuum cleaning our lives through the NSA and other secret programs, who take the line that the innocent have nothing to fear from the government. Here is an example of why no one should take such a --->> read more -->>
No Picture
economy

The Two Faces of Mortgage Debt – “Return to Creditor”

Return to Creditor There is an interesting headline in today’s (1/25/10) New York Times, “Huge Housing Complex in N.Y. Returned to Creditors”. This article reports that Tishman Speyer Properties and BlackRock Realty defaulted (welched?) on their debt obligations of $3 billion for their 2006 purchase of the Stuyvesant Town/Peter Cooper --->> read more -->>