A southwestern Pennsylvania man received a Christmas Eve lesson in the old adage, “Let the buyer beware.” Billy Joe Sanders, of Pittsburgh, said he bought a home in Canonsburg during a Washington County tax sale in August. When he went to check on the property on Christmas Eve, he learned that it had been torn down by the county’s redevelopment authority – and has since learned his $5,500 won’t be refunded.

County officials said tax sales all include a “buyer beware” clause, and owners are responsible for doing a title search and otherwise checking on the property’s status.

Officials said buyers of homes slated for demolition are usually notified, but sometimes it doesn’t happen.

Sander said he plans to bill the county or sue to get his money back.

Thanks My Way.

[Ask] [Bloglines] [del.icio.us] [Digg] [Google] [Mister Wong] [MySpace] [Netvouz] [Newsvine] [OnlyWire] [Propeller] [Shoutwire] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!]
Tagged with:
 

Obama Issues Stern Warning for Bankers

From the BBC: US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis.

“We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis,” he said.

He called on Wall Street to support “the most ambitious overhaul of the financial system since the Great Depression”.

The financial system was returning to normal but had not recovered, he added.

“There are some in the financial industry who are misreading this moment,” said President Obama in a speech to mark one year since the collapse of Lehman Brothers bank.

“Instead of learning the lessons of Lehman and the crisis from which we are still recovering, they are choosing to ignore them. They do so not just at their own peril, but at our nation’s.

He told Wall Street that it could not resume taking risks without regard for consequences and said they should not expect US taxpayers to bail them out again.

The speech came as UK Prime Minister Gordon Brown said that he was “appalled” that some financial firms had been continuing or even extending their bonus culture.

In a BBC interview, Mr Brown said he was determined that world leaders meeting in Pittsburgh next week would “complete the unfinished business” of cleaning up banks – including establishing rules on bonuses.

You go Obottom.

[Ask] [Bloglines] [del.icio.us] [Digg] [Google] [Mister Wong] [MySpace] [Netvouz] [Newsvine] [OnlyWire] [Propeller] [Shoutwire] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!]
Tagged with:
 

This just in from Breitbart. US President Barack Obama joins leaders of Mexico and Canada Monday to plot counter-attacks against swine flu, vicious drugs cartels and economic blight at his debut North American summit.

Security forces swamped the western Mexican city of Guadalajara for the swift summit, where tactical adjustments rather than breakthroughs are expected against building threats to a diverse region of nearly 450 million people.

Obama, Mexican President Felipe Calderon and Canadian Prime Minister Stephen Harper are also hoping to explore common approaches to kick-start the global economy ahead of the G20 economic crisis summit in Pittsburgh next month.

“Our engagement with the Western Hemisphere is critical to advancing our national interests, and key for our security and economic well-being,” said Obama’s national security advisor James Jones.

Obama flew into mountainous western Mexico aboard Air Force One late Sunday and went into immediate talks with Calderon — their third private encounter this year — before the two men joined Harper for a closed dinner.

He expressed “strong support” for Calderon’s crackdown against drugs gangs but also stressed the importance of human rights, following concern among US lawmakers at reports of widespread abuses by Mexican armed forces.

Monday’s three-way summit, also likely to feature pressure by Canada and Mexico for vigilance by Obama against “Buy America” protectionist measures popular in Congress, will be followed by a closing press conference.

A dominant theme of the talks will be the rampaging violence, killings and drugs crime which has killed thousands of people in Mexico since 2008 and is infiltrating the criminal underworld in Canada and the United States.

The United States — the world’s top cocaine consumer — has agreed to send Mexico 1.4 billion dollars worth of aid and equipment for the drugs wars, under the three-year Merida Initiative, which awaits full approval from Congress.

More drugs violence Sunday formed a bloody backdrop to the summit.

A lawyer known for her work defending suspected drug smugglers was killed in north Mexico after escaping four previous assassination attempts.

Raquenel Villanueva, 55, was gunned down by an unknown “commando” in the commercial center of Monterrey.

Calderon, Obama and Harper were also set to discuss how to safeguard vital transport, border and commerce links against an expected spike in (A)H1N1 swine flu cases in the flu season in coming months.

“We want want to make sure that we do everything possible to ensure the continuation of commerce, transportation, and trade between and among the three countries,” said John Brennan, Obama’s deputy national security advisor for counter-terrorism and homeland security.

US trade with Canada is worth 1.5 billion dollars a day in goods and around 300,000 people cross the shared border every day.

The United States is crucial to Mexico’s economy, having bought 82 percent of its neighbor’s exports in 2007, according to US government figures.

Like the United States, Mexico is plumbing a deep recession, with much of its industry tied to the struggling US sectors, including cars and construction — and migrant workers north of the border sending less money home.

Mexico is also seeking to resolve an immigration dispute with Canada over the recent imposition of visas for Mexicans, and a long-running trade dispute involving Mexican trucks operating in the United States, officials said here.

Mexico responded to the US cancellation of a program allowing some Mexican trucks on its territory — in violation of NAFTA — by slapping some 2.4 billion dollars in tariffs on 89 US products in March.

Other key issues on the Guadalajara agenda include the fight against global warming ahead of a key climate summit in December, the political crisis in Honduras following a military-backed coup, and US immigration policies.

[Ask] [Bloglines] [del.icio.us] [Digg] [Google] [Mister Wong] [MySpace] [Netvouz] [Newsvine] [OnlyWire] [Propeller] [Shoutwire] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!]

LA Fitness Maniac Had Four Guns!

This just in from the horrible shooting at LA Fitness. Police in Pennsylvania say a gunman who sprayed bullets at women exercising at his suburban Pittsburgh health club, killing three of them, did not have a relationship with any of the victims.

Allegheny County police Superintendent Charles Moffatt also says that the 48-year-old gunman, George Sodini, had four guns on him and used three of them in the attack.

Sodini was a member of the L.A. Fitness club and had been there two times Tuesday before he came back at night.

Police in Pennsylvania say a gunman who sprayed bullets at women exercising at his suburban Pittsburgh health club, killing three of them, did not have a relationship with any of the victims.

Sodini was a member of the L.A. Fitness club and had been there two times Tuesday before he came back at night.

Sodini killed three women and wounded nine others. He then killed himself.

[Ask] [Bloglines] [del.icio.us] [Digg] [Google] [Mister Wong] [MySpace] [Netvouz] [Newsvine] [OnlyWire] [Propeller] [Shoutwire] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!]
Tagged with:
 

Pittsburgh, PA Hosting Next G20 Meeting!

 

This will help, possibly, the industrial town of Pittsburgh, PA. The US will host the next G20 summit of world leaders in September, the White House has confirmed. The meeting will take place in Pittsburgh, Pennsylvania, on Thursday 24 September and Friday 25 September.

I think it’s great!

April’s G20 summit in London announced a $1.1tn rescue plan to help revive the world economy. The September meeting is expected to monitor the implementation of the plan so far, and decide whether further measures are needed.

They picked Pittsburgh because it is seen as a shining example of how a one-time depressed US industrial city has managed to successfully regenerate itself. Winning the swing state of Pennsylvania was also a key victory in Barack Obama’s presidential election success.

[Ask] [Bloglines] [del.icio.us] [Digg] [Google] [Mister Wong] [MySpace] [Netvouz] [Newsvine] [OnlyWire] [Propeller] [Shoutwire] [Squidoo] [StumbleUpon] [Technorati] [Twitter] [Windows Live] [Yahoo!]
Tagged with: