Month: April 2014

Why a sale of PGW makes sense

PHILLY.COM Op-Ed: Philadelphia’s unfunded city pension obligation is enormous: Morningstar estimates that $7,000 per household is required to fill the hole. And without some urgently needed extra cash, the city’s pension fund is likely to run empty in less than five years. This is why Mayor Nutter’s recent deal to sell Philadelphia Gas Works to […]

Obama Announces New US Sanctions on Russia Over Ukraine

NEWSMAX / REUTERS: U.S. President Barack Obama announced new sanctions against some Russians on Monday to stop President Vladimir Putin from fomenting the rebellion in eastern Ukraine, but said he was holding broader measures against Russia’s economy “in reserve”… The new sanctions, to be outlined in detail later on Monday, will add more people and […]

LETTER: Press Building sold to Lancaster Press LP

It looks like the City finally sold the Press building… Lancaster City of conveyed property on a public road to Lancaster Press Partners LP for $200,000. Any ideas of the fair market value of such a building? It would be interesting to see a tally of the hand-outs to the developer. Parking garage, pocket park, […]

South Korean PM Resigns Over Govt Response to Ferry Disaster

NEWSMAX /REUTERS: South Korean Prime Minister Chung Hong-won resigned on Sunday over the government’s response to the April 16 ferry disaster… “Keeping my post too great a burden on the administration,” a sombre Chung said in a brief announcement… Tempers have frayed over the slow pace of the recovery and frequent changes in information provided […]

Abbas calls Holocaust ‘most heinous crime’

USA TODAY / AP: Palestinian President Mahmoud Abbas on Sunday called the Holocaust “the most heinous crime” of modern history and expressed his sympathy for the victims, a rare acknowledgment by an Arab leader of Jewish suffering during the Nazi genocide. Abbas’ comments appeared, in part, aimed at reaching out to Israeli public opinion at […]

Afghanistan presidential election headed for runoff

ALJAZEERA: Afghanistan’s presidential election is set to go to a second-round runoff between former Foreign Minister Abdullah Abdullah and ex-World Bank economist Ashraf Ghani Ahmadzai after none of the candidates won an absolute majority, preliminary results showed on Saturday. The winner will oversee a tumultuous period, as the United States and NATO are expected to […]

A Walmart Fortune, Spreading Charter Schools

NEW YORK TIMES: WASHINGTON — DC Prep operates four charter schools here with 1,200 students in preschool through eighth grade. The schools, whose students are mostly poor and black, are among the highest performing in Washington. Last year, DC Prep’s flagship middle school earned the best test scores among local charter schools, far outperforming the […]

Crimea Today

On Friday April 25, a border was installed between Ukraine and the Republic of Crimea. Russians all over the country are still celebrating annexation of Crimea. There was a medal released in honor of Putin’s personal impact on the “historical” return of Crimea to Russia. But what is going on now in Crimea?