Entries from July 2007

July 31, 2007

Counterpunch: The battle for the soul of Florida

The Florida Chamber of Commerce has announced plans to raise as much as $65 million to fight a constitutional amendment sought by citizens supporting Florida Hometown Democracy.
The FHD measure would require that changes to local zoning plans—required by Florida law of each and every municipality and county—to first run the gauntlet of local voters before [...]

July 21, 2007

Counterpunch: Winners and losers in housing market collapse

In a quarterly conference call yesterday reported by The New York Times, JP Morgan CEO Jamie Dimon referred to the current business climate as “a relatively benign point in the credit cycle.”
The market judged the company differently, sending share prices 3 percent lower by the end of the trading day.
Market jitters and JP Morgan’s comments [...]