Sunday, October 21, 2012

Calif. family shot; body found in hunt for gunman

INGLEWOOD, Calif. (AP) ? Police found a body late Saturday in a backyard bungalow belonging to a masked gunman who is accused of setting the residence on fire before killing two members of a Southern California family and wounding three others.

The middle-of-the-night shooting rampage killed a father, who was shielding two of his children, and his 4-year-old son, Inglewood Police Chief Mark Fronterotta said. His 28-year-old wife was shot in both legs but managed but managed to carry the wounded 4-year-old out of the house.

Inglewood Police Lt. James Madia said an autopsy will determine whether the body is that of Desmond John Moses, 55, who investigators believe went on the early morning shooting rampage over a dispute with the victims, who live on the same property in front of him,

A manhunt for Moses will continue until the body is identified, he added.

Investigators believed Moses wore a dark cap and a white painter's mask when he entered the family's home around 4 a.m. Saturday and fired 10 times.

Paramedics found the woman collapsed on the street. The child, who suffered a bullet wound to the head, died at a hospital.

"This is a horrific crime. It's inexplicable why somebody would do this," the chief said.

Madia said Moses lived in the bungalow for 17 years, while the family lived in the front house for 8 years.

Fronterotta would not discuss the nature of the dispute, but the property owner told the Los Angeles Times that Moses had been fighting an eviction notice and recently lost his case in court.

A woman who knew the family, Judy Castellanos, told the Times that the suspect was reclusive and would not let anyone look inside his home.

"He had been asked to leave by the end of this month," she told the newspaper.

After the shooting, police evacuated about 15 nearby houses to search for Moses while firefighters and investigators sifted through Moses' bungalow to determine whether he returned there after the shooting.

Madia said the search of the badly burned bungalow took hours because it was packed with debris.

"He was kind of a hoarder or pack rat," Madia said. "So that, along with the destruction from the fire made it a complete mess. When his body was located it was hard to tell who was under the rubble."

The victims' names were not released pending notification of relatives.

The mother and her 7-year-old daughter, who was shot in the chest, remained hospitalized in stable condition, Madia said. A 6-year-old boy, who was shot in the pelvis, was released from the hospital late Saturday.

An 8-year-old boy escaped injury.

Source: http://news.yahoo.com/calif-family-shot-body-found-hunt-gunman-052906213.html

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Saturday, October 20, 2012

Russia: Halt Forced Eviction for Olympics Road | Human Rights Watch

(Moscow, October 20, 2012) ? The Russian authorities should stop the impending forced eviction of a Sochi family to make way for road construction ahead of the 2014 Winter Olympic Games, Human Rights Watch said today. The International Olympic Committee?(IOC) should urgently review the case and insist that the Russian authorities provide the family with fair compensation.

As a result of the often chaotic transition from the Soviet communal land era, many homeowners in Sochi do not have clear title to their property. For years, however, the authorities have treated the homes and individuals? use of them as legal. With this and other cases as examples, the IOC should investigate whether local authorities are suing homeowners for constructing homes unlawfully to avoid the regular processes for compensating property owners evicted for construction of Olympic venues and infrastructure.

Aleksei Kravets, 39, has been living in a three-story home he built himself in Sochi on the shore of the Black Sea for nine years, together with his thirteen-year-old son. The Sochi authorities claim that Kravets has no right to compensation for the house and are threatening to evict the family and demolish the home in the coming days. Guards on the road construction site have threatened Kravets with beatings and destruction of his property.

?This family has the right to compensation, and shouldn?t be evicted until it?s been provided,? said Jane Buchanan, senior researcher on Europe and Central Asia for Human Rights Watch. ?Olympic construction is again being used as an excuse to evict a family and deprive them of their rightful home and compensation.?

On October 9, 2012, a subcontractor of Russian Railways, which is building the road, erected a 2.5-meter metal fence around the house. On October 15, a second fence was erected, this time with barbed wire along the top. Family members must crawl through a hole at the bottom of the fence or climb over the fence in order to leave the property to attend school or buy food or water.

Guards at the site, armed with mace, stun guns, and rubber truncheons, have threatened Kravets, saying they will ?bash him up? and start destroying the house. Kravets has filed two complaints with the local police regarding the threats and the fence, but has received no response. He told Human Rights Watch that he believes the fences and the threats are designed to intimidate him and force him to leave the property.

?The authorities have created an unbearable situation for the Kravets family, apparently to compel them to leave their home,? said Buchanan. ?Kravets and his son should not be forced to endure this harassment and indignity.?

Local authorities claim that the Kravets? home was built illegally and sued the family in May and October 2012, ultimately winning a court order to demolish the building. Aleksei Kravetstold Human Rights Watch he did not receive notification of the October legal proceedings. The court decision is subject to ?immediate execution.??

By failing to properly inform Kravets of the hearing and ordering swift execution of the court order, the court is failing to ensure Kravets? right to due process, including to appeal a decision affecting him, Human Rights Watch said.

In suing Kravets for constructing their house unlawfully, the local authorities are able to avoid the regular processes for compensating property owners evicted for Olympic construction. ?

An independent appraisal in 2011 valued Aleksei Kravets? 152 square-meter, three-story house located on the shore of the Black Sea at 13 million rubles (US$422,000).?

Prior to and during construction of the home, Aleksei Kravets filed multiple notifications with the authorities regarding the construction largely based on improvements to legal structures built on land leased to his father under an indefinite lease. The authorities twice issued the home a technical passport, in 2003 and 2010. He also twice tried, unsuccessfully, to privatize the property.

Prior to the establishment of the Olympic program, the authorities never insisted that the building was illegal or forced him to leave.?

?Despite ample opportunities, the Sochi authorities at no point suggested that Kravets should stop his efforts and considerable investment to improve the lawful buildings on the plot, which ultimately resulted in the house he lives in today,? Buchanan said. ?Now, with Olympic construction underway, the authorities suddenly decide to take advantage of an ambiguous legal situation and deprive the family of their rightful compensation. We?ve seen this same tactic in other recent forced evictions for Olympic construction in Sochi.?

The treatment of the Kravets family by the authorities and the courts violates Russia?s obligations under international human rights law, Human Rights Watch said. Under the International Covenant on Civil and Political Rights and the European Convention on Human Rights, the Russian government is obliged to respect and protect the rights of all people from arbitrary interference in their home and family life. The failure to respect and protect those rights and ensure a fair process concerning the Kravets home is a violation of the European Convention.

Forced eviction ? or the coerced or involuntary displacement of individuals from homes or lands that they occupy or depend on ? without provision of and access to appropriate forms of legal or other protection as well as provision of reasonable compensation, is a serious violation of international law.

?Unfortunately, the Kravets? family is not the only one to experience this type of eviction without compensation,? Buchanan said. ?The International Olympic Committee has a crucial role in preventing any further situations like this. It should no longer simply sit by and watch as the local authorities trample the Olympic ideal of dignity by forcing people out of their homes without compensation and in an environment of threats and harassment.?

Background
The Adler region of Sochi is the location of multiple large-scale construction projects for sports venues and related infrastructure for the upcoming 2014 Winter Olympic Games.

Aleksei Kravets inherited from his parents a 13-square-meter dormitory room at 65 Prosevsheniya Street in the Adler section of Sochi. The room had no running water, toilet, bathroom, or kitchen. The room was given to the family by local authorities in 1963 under a long-term lease agreement and was located in a building that did not have central heating or a sewage system. The room came with a nearby plot of land, under indefinite term lease, designated for construction of additional necessary structures for the family?s needs, such as a toilet, kitchen, and storage shed. In 1993, Alexei?s father privatized the room.

Starting in 1997, Kravets sent numerous requests to the local authorities asking permission to improve the old structures ? including an outhouse ? on the land plot, but said he never received an answer to these requests. Kravets improved some of the structures on the plot, ultimately completing the home in 2003.

The authorities twice issued the house a technical passport, in 2003 and again in 2010. Kravets told Human Rights Watch that he had twice tried to privatize the house, in 2010 and in 2011, but that both of his requests were refused.

In 2011, a court assessment of the structures, requested by Kravets in accordance with Russian law, found the house and the other structures on the land were in compliance with construction norms and standards and did not constitute a threat to anyone?s life or safety and did not obstruct anyone?s enjoyment of their own property. Under Russian law (article 222 of the Civil Code), a court may recognize an individual?s right of ownership to an unauthorized construction (samovolnaya postroika) if the individual has the right of ownership to or lawful use of the land (through inheritance or indefinite lease) that the construction was built on, and so long as the construction does not violate the rights and interests of others and does not endanger anyone?s life or well-being.

Judiciary interpretations of the law by the Supreme Court of Russia and the Supreme Arbitration Court of Russia further state that the absence of a construction permit for an unauthorized construction cannot in itself be a reason to deny recognition of a person?s right of ownership to the construction as long as there is proof that they tried to obtain the permit and providing that the construction does not violate the rights of others and does not present a threat to anyone?s life or health.

In May 2012, Kravets filed a request with a local court to recognize his right to ownership of the house. The court refused to recognize his property rights.?

Shortly thereafter, the Sochi administration sued the Kravets family for unlawful construction and won. The court order to demolish the house was not executed due to inconsistencies in the court order on demolition.

In July 2011, the Department of the Krasnodar Region for the Implementation of Authority in Preparation for the Winter Olympics 2014 seized the dormitory building at 65 Prosvesheniya Street for the purpose of Olympic construction. As compensation for the dorm room that the family had used since 1963 and had owned since 1993, the four members of the Kravets? family ? including Alexey, his former wife Nadezhda, and their two children, Kristina, 12, and Maxim, 13 ? were offered a studio apartment of 33.84 square meters under shared ownership in another part of Sochi.? Kravets has never lived in the apartment and his former wife maintains control over it.

The land plot, including the land occupied by the Kravets? house, was transferred to the state corporation Olympstroy, which is responsible for Olympic construction, for the purpose of building the combined auto and railroad ?Alpika-Service? from Adler to Krasnaya Polyana, the location of the mountain cluster of Olympic venues. The authorities have provided no compensation for the home.

Source: http://www.hrw.org/news/2012/10/19/russia-halt-forced-eviction-olympics-road

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News and Society Blog-Economics: The Libor Scandal

currently unfolding, suggests the worlds top banks have been rigging the Libor rate for years, a rate by which interest rates on financial instruments everywhere are derived on a daily basis. Even worse, it appears that some of this activity must have been known about by regulators.

in London will hopefully raise a long overdue international discussion about the foundations of our global monetary system that should have taken place back in 2008.

That discussion involves a re assessment of the rights of banks to use their deposit base (clients money) as leverage for speculative activities like derivatives.

Originally in what was known as the Glass-Steagall standard (a piece of legislation originated by Roosevelt) a firewall was created between ordinary banking activities and other speculative investment activities.

However over time, (the 1990s in the US and the 1980s in the UK) that type of legislation was repealed and the underlying principles and reasons for the protection forgotten. The general economic philosophy of the day was that the merchant banking investment market was capable of self regulation and should be left to its own devices notwithstanding increasingly speculative activities.

We now know this is not the case. The banks derivatives obsession and focus on short term profit to lend primarily to non profit producing assets is what bankrupted banks, devastated the productive capacity of economies and left ordinary people to pay the bill resulting in alarming drops in standards of living.

The combination of highly speculative activity with traditional banking resulted in a loss of prudence, a necessary feature of banking and a heavy focus on sales - selling as much debt as possible to make as much short term profit as possible for banks. We shouldn't be surprised by this outcome. It is the underlying motivation of uncontrolled capitalist activity.
In fact, we are now seeing perhaps for the first time, that the end game of completely unfettered capitalism concentrates wealth into fewer and fewer hands making it the ultimate nemesis of a true democracy. The market crash and continuing fallout is driving the lesson home. It is counter intuitive to how we have previously thought.

The problem is that banks have almost total control of the monetary system. There is no benefit to the banks under the existing system in taking into account the long term effects of their lending decisions on society, only in how those decisions affect the profit or health of the bank itself.

The anger and rage echoing around the world now is that the wrong people are paying the price while the ones involved in the crisis continue to practice similar activities with impunity. This is the REAL issue with . It demonstrates dishonesty and unfairness in the existing system and how it's manipulated from the inside to favour a minority. It also brings home that for all the rhetoric and posturing of the last few years, nothing fundamentally about the system has changed.
What is needed now is an awareness of this and a radical and careful overhaul.

Banking as an activity is a necessary component of a healthy well functioning modern society; the idea being that people deposit their funds with banks then banks use those funds to make loans to other citizens for the purpose of economic growth and improving the overall standard of living in communities. Currently this is just a fairytale. The bulk of lending is to non profit producing assets (homes) that create no growth in an economy but provide the bank security if there's a default. These are seen by banks as easier and safer investments than more risky start up loans for new or even existing business's. Again we shouldn't be surprised by this trend because the banks primary goal is to protect itself from financial loss not grow a healthy economy.

For the system to function effectively, any depository institution needs to be highly regulated and work within a controlled framework of what is and what is not permissible. A Glass-Steagall 'type" of standard would protect legitimate deposit and commercial banking activities while allowing the more speculative activities to fail (because they would not be part of the banking system) without damaging innocent victims.

The real challenge right now is to make people aware of these stark realities, especially our policy makers and then to consider "how" this enormous decoupling process and overhaul of the banking system can best be carried out with the least amount of pain to everyone.

For more check out: YouTube Positive Money-Money and Debt and http://www.positivemoney.org.uk

Article Source:http://EzineArticles.com/?expert

Source: http://newsandsocietyblog-economics.blogspot.com/2012/10/the-libor-scandal.html

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Argue Over Money? Your Kids May Suffer

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Friday, October 19, 2012

Google's New 3G Chromebook Costs $330 With 2 Years of Data [Google]

Listings on Samsung and Amazon sites suggest that Google's new Samsung Chromebook will be available as a 3G model for $330—which will include a monthly data allowance for two years. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/wH0Rug5vRtg/googles-new-3g-chromebook-costs-330-with-2-years-of-data

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Quick Draw: Boston condos sold in only one day

The curious case of disappearing Boston condos has been on the minds of many this year, especially for buyers who are recognizing the lowest inventory?Boston has witnessed since 2004. Even with an ?8.8% tax increase in 2013?that will affect some ?potential sellers, property owners are choosing to keep their homes to themselves. We can?t blame them considering property values are rising again. Even Boston real estate luxury market sales (sales above $1 million) have increased 25% over last year.

With that being said, it?s clearly a seller?s market in Boston right now. Buyers are having to act fast when finding their dream home or investment. With educated buyers and low inventory, the average days on market as of August was 76 days (compared to 71 days in July which was the lowest in 6 1/2 years). Just when you thought you were playing tug-a-war in today?s real estate market, these popular homes only got one day to play. What a tough life!

141 Dorchester Avenue #1006,?South Boston ? Boston, MA

List Price: 399,000

Sold Price: 399,000

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Description:?Spacious studio layout with open concept. Bamboo hardwood flooring throughout. Stainless steel appliances and stone counter tops. Modern baths with stone?counter tops? Washer/dryer in unit. One deeded parking spot included! Building amenities include: 24/7 concierge, gym facility, common bike storage, screening room, and outdoor pool terrace with heated lap pool, BBQs, and free WiFi internet.?804?sq. ft. ($496.27/sq. ft.)

See what else is on the market in South Boston right now

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1576 Commonwealth Avenue #16 ? Brighton, MA

List Price: 135,500

Sold Price: 130,000

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Description:?Sunny top floor studio in great building in Washington Square Condominiums. Freshly painted, shining hardwood floors, ?separate kitchen and bath.?310?sq. ft. ($419.35/sq. ft.)

See what else is on the market in Brighton right now

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483 Beacon Street #46, Back Bay ? Boston, MA

List Price: 375,000

Sold Price: 365,000

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Description:?Amazing corner one bedroom on sunny South East corner with high ceilings, hardwood floors (all newly refinished), new windows in living room, and much more. ?Bathroom with granite wall accents and floor. Elevator building, pet friendly.?475?sq. ft. ($768.42/sq. ft.)

See what else is on the market in the Back Bay right now

?

566 Commonwealth Ave. #804,?Kenmore Square ? Boston, MA

List Price: 199,000

Sold Price: 200,000

?

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Description:?Bright SW facing large renovated STUDIO in a LUXURY ELEVATOR BLDG in revitalized Kenmore Sq. This updated unit is complete with new hard wood floors, central A/C, with a wall of fl to ceiling windows. Peer into FENWAY PARK from your private balcony. Co-op fee includes RE Taxes, 24/hr concierge, blanket bldg mortgage, cable, heat/hot water, extra?interior maintenance, common laundry. Steps away from restaurants, nightlife, movies, the T, The Esplanade and shopping. Dry cleaning service in bldg.?600?sq. ft. ($333.33/sq. ft.)

See what else is on the market in Kenmore/Fenway right now

?

Looking for a deal? Check out Boston Condo?Smart Buys?for this week.? Renting? No worries?The Best Value Rentals?page will do the trick.

?

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Source: http://charlesgaterealty.com/2012/boston-real-estate-facts/quick-draw-boston-condos-sold-in-only-one-day/

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Purisima, solons deny deal with liquor firms on sin tax bill | Economy ...

Finance Secretary Cesar Purisima and members of the House of Representatives on Thursday denied having deals with liquor companies to lower the revenue that will be generated by government from an overhauled sin tax bill.
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His goal as finance chief is to raise as much government revenue as possible, Purisima said.
?
?Klarong klaro po na ang gusto talaga ng Department of Finance ay ?yung mas mataas na amount. Kaya lang sa ating proseso, ang nag-de-determine po kung ano ang ma-a-approve ay yung legislators,? the Cabinet official said in an interview over GMA News TV?s ?News To Go.?
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He brushed aside Senator Ralph Recto?s claim of a ?Purisima-San Miguel? alliance. The senator was referring to San Miguel Corp., maker of San Miguel Beer.
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?Nakakatawa po lahat ng name calling na iyan. Sabi ko nga, unproductive po iyan? Kailangan po na mag-debate tayo. Kailangan po na linawin po ang ating mga points but there is still no need for name-calling,? Purisima said.


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Last Monday, Recto resigned the Senate ways and means committee chairmanship after being criticized and accused of conflict of interest for endorsing a sin tax measure that would yield at least P15 billion or a fourth of the P60 billion proposed by the Finance Department.?
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No secret meetings
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In a newspaper report, the senator also accused officials of ?giving in? to pressure from liquor companies, since the House version passed last June recommended P33 billion in additional revenues.
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Davao City Rep. Isidro Ungab, House ways and means panel chairperson, belied Recto?s claim, saying the sin tax bill was transparently deliberated upon at the lower chamber.
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?All committee hearings were done in public and members of the ways and means committee as well as stakeholders were present during the deliberations.
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?No secret meetings were allowed and the bill was thoroughly debated both in the committee and in the plenary,? the congressman said in a separate text message.
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Recto might be using the lower chamber?s version of the measure as a ?subterfuge? to divert criticisms the senator has been receiving, said Bohol Rep. Erico Aumentado, an author of the sin tax bill at the House.
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?Let Senator Recto prove his allegation. His charge is nothing new? As one of the sin taxes? co-authors, I can say with candor that there was no such capitulation by the House,? he added. ? VS, GMA News

Source: http://www.gmanetwork.com/news/story/278812/economy/finance/purisima-solons-deny-deal-with-liquor-firms-on-sin-tax-bill

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