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Aug 23, 2013
08/13
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richmond, california has crafted an interesting strategy. a working-class suburb of 100,000 people on the san francisco bay, and public officials have teamed up with a private investment firm hold mortgage revolution partners. they began sending letters last week to purchase loans on 624 properties in the city. properties that richmond now owns thanks to eminent domain. the city is threatening a full sale if they exist. they help by allowing the city to forcibly buy mortgages at a price below the property's current market value. it would result in a lower mortgage payment for the homeowner. the lawsuit filed against richmond serves as a key test for if other cities can move forward with the same strategy. these have teamed up with the financial farm assisting richmond, but none of been brazen so far. units of deutsche bank and fannie and freddie mac filed a lawsuit altogether. their lawsuit alleges the loans are not beingnow robert is a cow professor that advocates using eminent domain in this way. he says interstate commerce isn't burdened
richmond, california has crafted an interesting strategy. a working-class suburb of 100,000 people on the san francisco bay, and public officials have teamed up with a private investment firm hold mortgage revolution partners. they began sending letters last week to purchase loans on 624 properties in the city. properties that richmond now owns thanks to eminent domain. the city is threatening a full sale if they exist. they help by allowing the city to forcibly buy mortgages at a price below...
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Aug 31, 2013
08/13
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use of this message -- method has been contentious and drilling for oil has been under versatile in california where in 19 69, spill off the scenic coast -- santa barbara coastline led to reach. -- repeated bands. >> santa barbara is a quiet city with spanish influence and west coast. . miles from the historic fences can mission, oil rigs dot the coastline. these waters could become the next frontier for fracking. >> if companies are experimenting with it right now. >> government documents show that fracking has been used to prospect in federal waters off santa barbara. >> regulators approved another fracking job for a company called the order. also in the channel, and -- government documents show it has happened 11 other time since the 1990's. >> is ris the california indepet petroleum association says fracking has been used onshore and has a strong safety record. environmentalists disagree. >> fracking fracking is an inherently dangerous technology. what we're talking about has existed for for 10 to 15 years and it is a new generation of oil. >> oil companies set their sights on the santa ba
use of this message -- method has been contentious and drilling for oil has been under versatile in california where in 19 69, spill off the scenic coast -- santa barbara coastline led to reach. -- repeated bands. >> santa barbara is a quiet city with spanish influence and west coast. . miles from the historic fences can mission, oil rigs dot the coastline. these waters could become the next frontier for fracking. >> if companies are experimenting with it right now. >>...
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Aug 5, 2013
08/13
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person has been killed and 11 injured after a driver plowed his car into the venice beach boardwalk in california. one person is in critical condition. the car was traveling as fast as 30 kilometers per hour down the pedestrian strip. the driver of the car is now in police custody. africa's oldest leader robert gabi has been declared winner of zimbabwe's presidential election. this will be his seventh term in office. but his rival, the prime minister, says the vote was fraught with fraud. western election observers were not allowed to monitor the vote. the u.s. has called the election deeply flawed. the european union also expressed its concern. jacob zuma has congratulated him for his successful vote. our correspondent has more on what we are likely to expect from his seventh term. >> they won more than two thirds of the parliament, giving them superpowers and allowing him to do just about anything, including making changes to the constitution, without the support of any party. one of the things he is most likely to go in is what he calls in digitization policy. this is a policy aimed at foreign
person has been killed and 11 injured after a driver plowed his car into the venice beach boardwalk in california. one person is in critical condition. the car was traveling as fast as 30 kilometers per hour down the pedestrian strip. the driver of the car is now in police custody. africa's oldest leader robert gabi has been declared winner of zimbabwe's presidential election. this will be his seventh term in office. but his rival, the prime minister, says the vote was fraught with fraud....
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Aug 10, 2013
08/13
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firefighters are gaining ground against the california wildfire that is threatening hundreds of homes. good we the a step closer to finding the model for the mona lisa? -- could we be a step closer to finding the model for mono lisa? the election returned robert mugabe to power. the opposition has evidence that some there were some names duplicated on the list. >> thank you for joining us. our guest discussed molly. >> there is no question that this is a very serious problem. as i was saying, the agreement says that negotiations between the two has to be in 60 days, no later than 60 days. i n't thinthat any government is going to agree to the independencef that part of molly -- mali. i do believe and i agree that this issue has been ignored for too many years. i believe that the time can be ripe for some sort of an agreement to be made. i will be optimistic about that. i think a lot of the people are tired. they don't have tremendous public support. it is obviously a crucial moment for the country. there are reasons for caution. >> when mali was falling apart, the whole world was talk
firefighters are gaining ground against the california wildfire that is threatening hundreds of homes. good we the a step closer to finding the model for the mona lisa? -- could we be a step closer to finding the model for mono lisa? the election returned robert mugabe to power. the opposition has evidence that some there were some names duplicated on the list. >> thank you for joining us. our guest discussed molly. >> there is no question that this is a very serious problem. as i...
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Aug 29, 2013
08/13
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a congresswoman from california said that while and the use of chemical weapons is deeply troubling, i believe there is no military solution to the complex syrian crisis. the harshest words came from former u.s. congressman dennis kucinich, who said "so we are about to become al qaeda's air force now? this is a serious matter that has broad implications internationally, and to try to minimize it by saying we will have a targeted strike is an act of war, not anything to be trifled with." the un security council received a draft from british prime minister david cameron off the rising would he calls necessary measures to be taken in syria. but such a resolution cannot get approval on the security council, given that both russia and china have a veto and are both critical of military strikes in syria. for more on this, from new york. welcome. what exactly did david cameron's resolution call for? >> the text of the u.k.'s draft resolution reportedly condemns the august 21 alleged chemical weapons attack on the rebel-held areas in syria. it faults the syrian government for the alleged att
a congresswoman from california said that while and the use of chemical weapons is deeply troubling, i believe there is no military solution to the complex syrian crisis. the harshest words came from former u.s. congressman dennis kucinich, who said "so we are about to become al qaeda's air force now? this is a serious matter that has broad implications internationally, and to try to minimize it by saying we will have a targeted strike is an act of war, not anything to be trifled...