| Call 4 Action: Veteran says power outage ruined appliances
Miguel Guillen is a disabled Vietnam Veteran who recently returned from San Antonio after undergoing a Triple Bypass Surgery. But his arrival home, wasn't very comforting, because a power surge ruined many of his electronics and appliances. "It could've burned my house, it could've done more damage with my family here," he said. The power surge not only cost him a lot of headaches it cost him and his family to lose a lot of their belongings. "We lost three air conditioning units, two DVD players, a microwave, several televisions, the refrigerator and a freezer" said Guillen's son Inocencio. "Ceiling fans went out, and light bulbs broke." The bigger problem, however, is getting the power company to help him pay about $3,000 worth of losses and repair costs.
How Russia Is Being Nationalized
Nationalization has been the most notable process in the Russian economy for more than four years and it is not too early to ask about intermediary results. Has it lead to radical changes in the economy? Are racing toward a planned economy? In our view, the answer to those questions so far is no. The state sector is growing rapidly but, for the main part, businesses and companies continue to live by market rules. That includes those that have become government property. The point of no return is still far ahead.
Knowing that our view may seem excessively rosy, we will provide one argument for it. We were only able to count five large private businesses that left there historical arenas as a result of processes of nationalization. Those companies are YUKOS, Sibneft, Irkut, Power Machines and the Industrial-Construction Bank of St.
Animals Impounded, Building Nears Capacity
Norman, Okla. -- Officials in Norman impounded more than 30 dogs and cats this weekend. The animals are now at the Norman Animal Welfare Shelter, but overcrowding at the facility just became an even bigger issue. KSBI-TV's Kealey McIntire has more. Nearly 175 dogs and cats a week are taken to the Norman Animal Welfare Shelter. This weekend 23 cats and nine dogs were impounded and were taken to the shelter in addition to the normal activity. Major Jim Maisano, a Norman police officer, works closely with the animal welfare division. He says they're glad to help, but this weekend's activity adds to the overcrowding issue. "So that takes up a lot of our space not counting the average number of dogs and cats we take in during the week," says Maisano.
Mass. foreclosures rise 128% in January
Nearly 800 foreclosures were recorded in January, the highest number of Bay State homes lost during a single month since August 2007, the Warren Group said today. The Warren Group of Boston is a provider of local real estate data and the publisher of Banker & Tradesman. There were 799 foreclosure deeds in January, up 128.3 percent from the 350 deeds in January 2007, the firm said, and January 2008 also marks the highest number of deeds during any month since August 2007, when there were 1,018. Auction announcements in January reached their highest number since the Warren Group began tracking them in 2005, the firm said, and there were 1,792 announcements in January 2008, up 77.8 percent from the 1,008 in January 2007. Petitions to foreclose, the first step in the foreclosure process, also increased in December, signaling that Massachusetts problems with foreclosures are far from over, the Warren Group said.
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