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Today's Stories January 9, 2008 Cockburn /
St. Clair Alan Farago January 8, 2008 Paul Craig
Roberts Russell Mokhiber Robert Fantina Dave Zirin Shamako Nobel John Ross Brenda Norrell Laura Carlsen Patrick Irelan Evelyn J. Pringle Jonathan M.
Feldman Michael Dickinson Website of
the Day
January 7, 2008 Chris Floyd John Blair Uri Avnery Andy Worthington Binoy Kampmark David Macaray Ralph Nader Michael Donnelly Ron Jacobs Gideon Levy Dave Lindorff Website of
the Day
January 5 / 6, 2008 Douglas Valentine Kevin Young Richard Rhames Saul Landau Marc Lynch Robert Fantina Donna Volatile Jelle Bruinsma Bob Sutcliffe Harvey Wasserman Missy Beattie David Swanson Jacob Hornberger Shepherd Bliss Ron Jacobs Poets' Basement Website of the Weekend
January 4, 2008 Cockburn /
St. Clair Jonathan Cook Paul Craig Roberts Stan Goff Dave Lindorff Niranjan Ramakrishnan Allan Nairn Joshua Frank Peter Morici Mary McInnis Website of the Day
January 3, 2008 Fatima Bhutto Pam Martens Joanne Mariner Zoltan Grossman David Domke Norman Solomon Nikolas Kozloff Jacob G. Hornberger Martha Rosenberg Russell Means Website of the Day
January 2, 2008 Jeff Taylor M. Shahid Alam Gary Leupp Paul Craig Roberts Heather Gray Fred Gardner David Macaray Benjamin Dangl
January 1, 2008 Iain A. Boal B. R. Gowani Shahid Mahmood Linn Washington,
Jr. Harvey Wasserman John Ross Website of the Day
December 31, 2007 Alexander Cockburn Tariq Ali Liaquat Ali Khan Wajahat Ali Robert Fisk Ajai Sahni Marwan Bishara Uri Avnery Mark T. Harris Brenda Norrell Website of the Day
December 29 / 30, 2007 Alexander Cockburn Tariq Ali Fawzia Afzal-Khan Gary Leupp China Hand Jacob Hornberger John Chuckman Missy Beattie Ralph Nader Fidel Castro Robert Fantina Greg Moses Catherine Lutz Kristin Van
Tassel Kim Nicolini Phyllis Pollack Poets' Basement Website of
the Weekend
December 28, 2007 Farzana Versey Wajahat Ali Binoy Kampmark Ayesha Ijaz
Khan Anthony DiMaggio Ray McGovern Jim Goodman Ron Jacobs Russell Hoffman John Murphy Website of the Day
December 27, 2007 Dilip Hiro Murtaza Shibli Stephen Soldz Bill Quigley Paul Craig Roberts Omer Subhani Marjorie Cohn Allan Nairn Jacob G. Hornberger Norman Solomon Patrick Irelan Ben Tripp Website of the Day
Charles Tripp Paul Armentano Rannie Amiri Stanley Heller John Walsh Martha Rosenberg Norman Madarasz Website of
the Day
December 25, 2007 Patrick Cockburn December 24, 2007 Andrea Peacock Tariq Ali Uri Avnery Jill Jameson Steve Melendez Mike Whitney Chuck Munson John Walsh Farzana Versey Richard Neville Website of the Day
Alexander Cockburn Ralph Nader Andy Worthington Ahmad Faruqui Bill Moyers Rev. William
E. Alberts Timothy J. Freeman Anthony DiMaggio Fred Gardner Paul Krassner Seth Sandronsky William Loren
Katz Michael Dickinson Ron Jacobs David Vest Poets' Basement Website of the Weekend
December 21, 2007 John Ross Jacob Hornberger Dick J. Reavis Jeff Cohen
Peter Morici Jack McCarthy Raúl Zibechi Steve Early David Macaray Patrick Bond Lakota Freedom Delegation Website of
the Day
December 20, 2007 David Rosen Alan Farago Laura Carlsen Ashley Dawson Wayne Smith Website of
the Day
December 19, 2007 Saul Landau Paul W. Lovinger Norman Solomon Dave Zirin Marjorie Cohn Sen. Russell
Feingold Sonja Karkar Anthony Papa Christopher Ketcham Davey D Website of
the Day
December 18, 2007 R. F. Blader George Wuerthner Steven Higgs Vijay Prashad David Macaray Ralph Nader Eva Liddell Martha Rosenberg Dave Lindorff Peter Morici Website of
the Day
December 17, 2007 Mike Whitney Tom Barry Uri Avnery Greg Moses Allan Nairn Patrick Bond Stephen Lendman Charles Jonkel Laray Polk Stephen Fleischman December 15 / 16, 2007 Peter Linebaugh Howard Zinn Standard Schaefer Raymond J.
Lawrence Alan Farago Saul Landau Jenna Orkin Ahmad Samih
Khalidi Robert Fantina Missy Comley
Beattie Ramzy Baroud James L. Secor Elijah Wald Website of
the Weekend
December 14, 2007 JoAnn Wypijewski John Ross Jacob Hornberger Andy Worthington Allan Nairn Dave Zirin Dave Lindorff Misty MacDuffee Ben Terrall Dr. Mustafa
Barghouthi Website of the Day
December 13, 2007 Paul Craig
Roberts Mike Whitney Ron Jacobs Norman Solomon Peter Morici Sandy Mayes Franklin Lamb Jacob Hornberger Nadim Rouhana Dave Zirin Website of the Day
Allan
Nairn Alan
Farago Ray
McGovern Winslow
T. Wheeler Evan
Jones James
Petras Joel
Hirschorn Joshua
Frank Sherry
Wolf Dan
Bacher Website
of the Day
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January 9, 2008 As Florida SinksThe View from the TitanicBy ALAN FARAGO Today's Miami Herald's "Foreclosures haunt condos" (January 9, 2008) outlines the macabre turn of the condo real estate market and ends with a good news spin, even if it does make the quoted sound like a madman. The Club at Brickell Bay condo owner says, "This is Manhattan, it's the future Manhattan, so we're all sitting real good." I recall, on "sitting real good", they said the same on the Titanic. That sinking feeling is growing widespread across the nation. The biggest mortgage lenders like Countrywide are on the verge of Bankrupcy. Citigroup is writing down a further $16 billion in mortgage-related losses. Production homebuilders are staggering under the weight of losses, too. The stock market indexes are falling faster than the temperature gauge in winter. But insolvency is more than a passing cold front. According to a blogger/real estate professional quoted by the Herald, "An 818 square foot unit, which sold in June of 2006 for $430,000, was listed Monday for $220,000." If these small examples of Miami condo market depression are the tip of the iceberg, what does the rest of it look like? To me, it looks a lot like faces of the people we elected to public office-- from lowly city and county commissioners straight up the totem pole. Miami may not be unique in this respect: instead of caring about its existing tax base-- taking care of the needs of the poor, of the taxpayers who already live here, of our quality of life and infrastructure-- most elected officials are busy chasing rainbows like the biggest speculative bubble in housing in history, or if they are not chasing rainbows and the pot of gold at the end of it, they're inventing multi-billion dollar infrastructure projects to paper over the billions of dollars in infrastructure deficits they have failed to fund. In other words, now the talk in government circles turns to "economic stimulus" packages, such as the $3 billion Miami plan that works only by deforming the purpose of Community Redevelopment Agencies, meant to serve the disadvantaged. Oh well. If I were the editor of the Herald, I'd pay more attention to the experience of the real estate professional who recently sent a letter to the Florida of Department of Community Affairs outlining her horror at what Miami Dade has turned into: "As a Realtor, I have 21 listings. Virtually all of the families they represent are leaving South Florida if not the state. The reason is not our lousy weather. It is the fact that the gridlock we have created from paradise precludes any measurable quality of life. Whether it is the hours long and increasingly expensive commute to work and jammed schools across hopelessly crowded highways, the lack of employment affording a livable wage or prospects of a middle class existence, the absence of healthcare for all but lucky corporate employees, the result is the same: regular hardworking families have been robbed of the American Dream. Worse, they are trapped in their concrete cells which are worth less than they paid just a year or two ago. These folks are competing with investors who bought in new developments which will never become communities. Instead, they are surrounded by vacant foreclosures and subsidized rental properties. I assure you, it is nearly impossible to find a buyer who will risk his or her family's assets in areas like this. Worse, the mounting foreclosures (one property in every thirty in Dade County), put the hapless seller in competition with institutions with far deeper pockets. You can drive the areas of South Dade's newer developments for miles and possibly see just a few occupancies per block. Of those, few are owner occupants. It would be criminal to offer up ANY precursor to additional development in Dade County unless and until ALL land within the UDB is totally built out with proper infrastructure in place (schools, police, fire department, roads, water and sewer, trash, etc.), essentially, not before 2015 or later. It is unfortunate that you of the DCA are put in the position of exercising the common sense that our local officials have chronically lacked. Nonetheless, please know that the buck stops with you and that thousands of citizens are counting on you to do what our elected officials have failed to do for years. Thanks in advance for stopping the idiocy." Back to today's Herald story, I would have closed on the note that appears toward the end of the article, on struggling community associations, "unkept grounds and disruptions in services." The weeds can't obscure all the damage done by so much poorly planned concrete. It is inescapable that the budget crisis affecting unsustainable development is going to spread to city and county budgets, in Florida and across the nation. Who could have guessed that the 2008 presidential election is going to turn on an economy that is spinning without a propeller. Pockets of prosperity will continue to float above the turmoil-- after all, that is what the fomenters of the housing bubble have been saving for. It is not as though they couldn't see it coming. Alan Farago of Coral Gables, who writes about
the environment and the politics of South Florida, can be reached
at alanfarago@yahoo.com.
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