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Tuesday, October 14, 2008

The San Diego, California suburb of Chula Vista has responded to the recent housing crisis with an aggressive blight control ordinance that compels lenders to maintain the appearance of vacant homes. As foreclosures increase both locally and throughout the United States, the one year old ordinance has become a model for other cities overwhelmed by the problem of abandoned homes that decay into neighborhood eyesores.

Chula Vista city code enforcement manager Doug Leeper told the San Diego Union Tribune that over 300 jurisdictions have contacted his office during the past year with inquiries about the city’s tough local ordinance. Coral Springs, Florida, and California towns Stockton, Santee, Riverside County, and Murietta have all modeled recently enacted anti-blight measures after Chula Vista’s. On Wednesday, 8 October, the Escondido City Council also voted to tighten local measures making lenders more accountable for maintenance of empty homes.

Under the Chula Vista ordinance lenders become legally responsible for upkeep as soon as a notice of mortgage default gets filed on a vacant dwelling, before actual ownership of the dwelling returns to the lender. Leeper regards that as “the cutting-edge part of our ordinance”. Chula Vista also requires prompt registration of vacant homes and applies stiff fines as high as US$1000 per day for failure to maintain a property. Since foreclosed properties are subject to frequent resale between mortgage brokers, city officials enforce the fines by sending notices to every name on title documents and placing a lien on the property, which prevents further resale until outstanding fines have been paid. In the year since the ordinance went into effect the city has applied $850,000 in fines and penalties, of which it has collected $200,000 to date. The city has collected an additional $77,000 in registration fees on vacant homes.

Jolie Houston, an attorney in San Jose, believes “Lenders will respond when it costs them less to maintain the property than to ignore local agency requirements.” Traditionally, local governments have resorted to addressing blight problems on abandoned properties with public funds, mowing overgrown lawns and performing other vital functions, then seeking repayment afterward. Chula Vista has moved that responsibility to an upfront obligation upon lenders.

As one of the fastest growing cities in the United States during recent years, Chula Vista saw 22.6% growth between 2000 and 2006, which brought the city’s population from 173,556 in the 2000 census to an estimated 212,756, according to the U.S. Census Bureau. Chula Vista placed among the nation’s 20 fastest growing cities in 2004. A large proportion of local homes were purchased during the recent housing boom using creative financing options that purchasers did not understand were beyond their means. Average home prices in San Diego County declined by 25% in the last year, which is the steepest drop on record. Many homeowners in the region currently owe more than their homes are worth and confront rising balloon payment mortgages that they had expected to afford by refinancing new equity that either vanished or never materialized. In August 2008, Chula Vista’s eastern 91913 zip code had the highest home mortgage default rate in the county with 154 filings and 94 foreclosures, an increase of 154% over one year previously. Regionally, the county saw 1,979 foreclosures in August.

Professionals from the real estate and mortgage industries object to Chula Vista’s response to the crisis for the additional burdens it places on their struggling finances. Said San Diego real estate agent Marc Carpenter, “that kind of measure will add additional costs to banks that have been hit really hard already and ultimately the cost will be transferred down to consumers and investors.” Yet city councils in many communities have been under pressure to do something about increasing numbers of vacant properties. Concentrations of abandoned and neglected homes can attract vandals who hasten the decline of struggling neighborhoods. Jolie Houston explained that city officials “can’t fix the lending problem, but they can try to prevent neighborhoods from becoming blighted.”

CEO Robert Klein of Safeguard, a property management firm, told the Union Tribune that his industry is having difficulty adapting to the rapidly changing local ordinances. “Every day we discover a new ordinance coming out of somewhere”, he complained. Dustin Hobbs, a spokesman from the California Association of Mortgage Bankers agreed that uneven local ordinances are likely to increase the costs of lending. Hobbs advised that local legislation is unnecessary due to California State Senate Bill 1137, which was recently approved to address blight. Yet according to Houston, the statewide measure falls short because it fails to address upkeep needs during the months between the time when foreclosure begins and when the lender takes title.

Thursday, May 17, 2007File:Francois fillon1.jpg

The new President of France, Nicolas Sarkozy has appointed François Fillon to head the new French government. Fillon’s predecessor Dominique de Villepin stepped down yesterday, and formally handed over the post during a ceremony today.

The nomination did not come as a surprise after the British newspaper the Financial Times had reported on May 8 that Sarkozy had introduced Fillon to Tony Blair in a telephone conversation.

François Fillon (53) has been the political advisor of Sarkozy in the UMP for the past 2 years, and he was Sarko’s campaign leader during the recent presidential elections. Fillon has experience in negotiating with the trade unions, having undertaken controversial reforms of the 35-hour workweek and the pension system. Sarkozy in his inauguration speech on Wednesday reiterated his plans to reform the French labour and social system, and Fillon will have to oversee these reforms as the new Prime Minister. Sarkozy said he wants to make the economy more flexible and lessen social tensions.

The Guardian reported that Fillon is an Anglophile; his wife Penelope Clarke, with whom he has 5 children, was born in Wales. Ideologically, Fillon is being described as a moderate left-leaning member of the conservative UMP party.

Fillon had his first experience as a minister in 1993 when he became Minister for the Higher education and Research under PM Édouard Balladur. He later became Minister for the Post office, Telecommunications and Space, then Minister for the social Affairs, Work and Solidarity, and finally Minister for national Education, the Higher education and Research. At the university, he studied public law and political sciences.

Sarkozy might announce his cabinet of 15 ministers as early as Friday, half of which are going to be women, he said. Fillon will lead the UMP in the parliamentary elections next month. A poll on Wednesday predicted a 1.5% increase in votes for the UMP, up to 40%, compared to 28% status-quo for the allied socialists.

Reports say that Sarkozy has offered the foreign minister post to Bernard Kouchner, co-founder of Médecins Sans Frontières, who is seen as being on the left in French politics.

Sunday, July 3, 2011

Philippines Foreign Secretary Albert del Rosario is scheduled to visit China from July 7 to 9, raising hopes that a territorial dispute between the two countries may be resolved.

A six-nation dispute has escalated in the sea concerning territorial claims to several islands including the Spratly Islands. The area is thought to be rich in natural gas and oil. Both the Philippines and China wish to have a peaceful resolution to this conflict. “I’ve been invited to Beijing and we’re looking for peaceful means to settle the challenges facing us,” said Del Rosario.

The news comes after the United States and the Philippines began a series of naval exercises last week in the South China Sea, scheduled to last for 11 days. A Philippine military commander stated that the drills are part of an annual series of activities taking place under a defense agreement between the two countries and have nothing to do with the territorial dispute.

The Philippines maintains a close relation with the U.S. as a former territory of the nation.

The drills come at a time when several competing disputes in the South China Sea have begun to intensify. “Since February 25th, we actually have noted as many as nine intrusions of different varieties, but clearly becoming more aggressive and more frequent,” said Del Rosario. Several countries in Asia, including China, the Philippines, Vietnam, Brunei, Malaysia, and Taiwan, have territorial claims in the area spanning the Spratly and Paracel Islands. The region may be rich in oil and gas reserves. The US and Philippines have urged the Association of Southeast Asian Nations (ASEAN) to address the conflict.

Secretary of State Hillary Clinton has argued that the United States would remain neutral regarding the disputes. She has also said that the United States has a “national interest” in freedom of navigation, respect for international law, and unimpeded, lawful commerce in the South China Sea.” Both countries are bound by a 1951 Mutual Defense Treaty.

On June 27, the US Senate unanimously passed a motion condemning “the use of force by naval and maritime security vessels from China in the South China Sea.” China, on the other hand, has stated that it will not use force to resolve disputes in the South China Sea.

Tuesday, August 16, 2011

Alfred Hsing, a US martial artist with Chinese origins, besides having a long history of martial arts training in various styles, such as traditional kung fu, tae kwon do and karate, considers wushu – an athletic sport based on Chinese martial arts – as a form of art that pushes one’s physical limits and stimulates the mind at the same time. After having won the gold medal at the 10th World Wushu Championships, he became international movie star Jet Li’s personal assistant and went on to do stunts, action choreography, and land roles in movies.

Hungarian Wikinews contributor Teemeah has interviewed Alfred Hsing about his views on martial arts, life and Wikipedia.

Friday, December 15, 2006

High winds and heavy rains have left 4 people dead, and much of the Seattle, Washington area is without electrical power. A number of large trees have been downed and heavy rains have caused minor flooding in many areas of the city. According to first-hand reports as many as 1 million people and several large organizations such as Microsoft are without power this morning.

Flood, storm, and strong wind watches were in effect last night as a rare thunderstorm system moved into the Pacific Northwest region, hitting areas from Seattle to Portland with high winds and heavy rains. Interstate 5 through Seattle was closed at its intersection with Mercer Street due to standing water. The State Route 520 floating bridge, a major conduit across Lake Washington to the technology-rich Eastside was closed and its drawspan opened to protect it from storm damage well into Friday. Local roads throughout the region were strewn with debris, especially evergreen branches and leaves. Authorities advised people to stay off the roads.

Four deaths were reported in connection with the storm as of Friday. A Seattle woman died in the basement of her home after floodwaters caused the basement door to close and jam shut. Two others died in outlying areas after tall Northwest evergreens fell on their vehicles, and a man in Grays Harbor, near the Pacific coast, died in his sleep after a tree fell on his mobile home. KOMO news reported a caller saying a 100-foot evergreen had fallen into his house.

Downed trees and high winds also brought down powerlines throughout Western Washington. Seattle City Light, the municipal electric utility for the city, reported a peak of 175,000 customers without power, most in the north and south ends of the city, as well as the east edge of town and the Green Lake area.

Puget Sound Energy, the electric utility for much of the Seattle metro area, reported 700,000 customers (over 66%) without power, with the area around Seattle the worst hit. PSE, which had already enlisted additional powerline workers from neighboring states, did not send crews out until mid Friday morning due to continued high winds. Estimates for power restoration were anywhere from a few days to over a week. Island County, at the mouth of Puget Sound, was completely without power.

Schools in Seattle and throughout its suburbs were closed Friday, many due to power outages. The city of Mercer Island, connected to the mainland only by Interstate 90, is reportedly inaccessible.

The Seattle Post-Intelligencer failed to print due to power failures at the printing facility, which had redundant power feeds from both the Seattle utility as well as PSE. It is the first time in 70 years that the paper has not been printed. The Seattle Times, a competing paper under a joint operating agreement, managed to print only 13,000 copies of its regular circulation of over 200,000. The papers located alternate facilities to print a reduced version of their Saturday editions, and their joint Sunday issue was also expected to be reduced.

At Sea-Tac Airport, three terminals were shut down overnight due to the storm. Concourse A and the South Satellite terminal lost power, and a blown-out window caused Concourse C to also close. All terminals were back in working order by midday Friday. Many flights were delayed or cancelled. Likewise, in Oregon, Portland International Airport reported at least 40 flights cancelled. At Seattle’s Boeing Field, winds flipped a private plane over, colliding with another plane.

The Seattle Seahawks vs. San Francisco 49ers football game was delayed 15 minutes. A pre-game power surge temporarily took the Qwest Field’s video displays offline. The gridiron was plagued by standing water, as the stadium’s loudspeakers played “Who’ll Stop The Rain?” shortly before kickoff.

Thursday night’s storm comes after a previous regional storm in the Seattle area earlier in the week, in which trees in a few Seattle suburbs fell onto roads, powerlines, and two school buses. In those incidents no one was hurt, and there were a few spotty power outages.

This is the second serious storm to hit the Northwest since Thanksgiving, In late November, record-setting snowfall had a similar disabling effect on the region.

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

Wednesday, May 10, 2006

An Australian munitions factory exploded in South Australia. Two people were killed, another two were injured and one is still missing.

The factory produced explosives for quarrying, civil engineering and the military.

The explosion leveled everything within 100 metres and could be heard from 70km away.

Emergency services have been held back to a one kilometre radius of the factory until an explosives expert from Adelaide could come.

“It’s very dangerous, so we’re holding back,” police inspector Phil Warwick said, “It’s an explosives factory. All right it’s exploded, but that doesn’t mean all the explosives have gone. There’s still smoke coming from the area, which means there must be fire or heat. Put them (remaining explosives and fire) together and we could have another (explosion).”

Friday, May 26, 2006

In February of 2006, the Savarino Services Construction Corp. proposed the construction of a seven million dollar hotel on Elmwood and Forest Avenues in Buffalo, New York. In order for the hotel to be built, at least five properties containing businesses and residents would have to be destroyed. It was not certain whether the properties were owned by Savarino or by the landlord Hans Mobius. The hotel was designed by Karl Frizlen of the Frizlen Group, and is planned to be a franchise of the Wyndham Hotels group.

Elmwood Avenue is known by the community as a popular shopping center, and Nancy Pollina of Don Apparel (who is “utterly against” the construction) claims it’s the only reason why students from Buffalo State College leave campus. Additionally, Michael Faust of Mondo Video said he did not want to “get kicked out of here [his video store property].”

In 1995, a Walgreens was proposed to be built on the same land, but Walgreens later withdrew its request for a variance because of pressure from the community. More recently, Pano Georgiadis tried to get the rights to demolish the Atwater House next to his restaurant on Elmwood Avenue, but was denied a permit due to the property’s historical value. He has since been an opponent to the hotel construction.

In the process of debating the hotel, it was thought that a hotel had previously existed on the proposed site, however; research done at the Buffalo and Erie County Historical Society had shown that no hotel had previously existed on the site.

Monday, February 12, 2007

Cars drove home the big prize last night, from the 34th Annual Annie Awards. The animation industry’s highest honor, ASIFA-Hollywood’s Annies recognise contributions to animation, writing, directing, storyboarding, voice acting, composing, and much more.

As mentioned, Pixar took home the big prize last night, after facing stiff competition from four other Happy Feet, Monster House, Open Season, and Over the Hedge.

But the biggest winner of the night didn’t get a “Best Animated Feature” nod at all. Flushed Away won five feature animation categories including Animated Effects (Scott Cegielski), Character Animation (Gabe Hordos), Production Design (Pierre-Olivier Vincent), Voice Acting (Sir Ian McKellan as Toad), Writing (Dick Clement, Ian La Frenais, Chris Lloyd, Joe Keenan, and Will Davies).

Over The Hedge won awards for Directing (Tim Johnson and Karey Kirkpatrick), Storyboarding (Gary Graham), and Character Design (Nicolas Marlet).

Of little surprise, Randy Newman won an Annie for Cars in the “Music in an Animated Feature Production” category. Newman has won many Oscars for his movie music, and has a nomination this year for the song “Our Town”. Newman didn’t attend the Annies, instead picking up a Grammy for “Best Song Written For Motion Picture, Television Or Other Visual Media”.

DisneyToon Studios’ Bambi II won “Best Home Entertainment Production”, while “Best Animated Short Subject” went to Blue Sky Studios’ No Time For Nuts, which is based on Ice Age.

“Best Animated Video Game” went to Flushed Away The Game, while a United Airlines ad named “Dragon” won a “Best Animated Television Commercial” Annie for DUCK Studios.

Thursday, May 11, 2006

The Australian House of Representatives heard the traditional right-of-reply to the Budget released May 9, from the Australian Labor Party, led by Kim Beazley (Labor, Brand), plus Budget replies from minor parties in the Australian Senate.

While the Budget is politically popular, having as one of its main features significant tax reform, Beazley focused on the omissions in the Budget, such as the failure to address a skills shortage.