Month October 2007

California home foreclosures set new record

 The third quarter’s total surpasses 24,000, which is a record. ‘It’s working its way to the Westside,’ an agent says. The Westside is the pricey part of Los Angeles. Default notices (which precede foreclosures) rose to 72,571 statewide, also a…

Iran War Watch 10/28/07

Time: Iran war drumbeat grows louder “It looks like a slow-motion train wreck,” said Barbara Slavin, author of a new book, Bitter Friends, Bosom Enemies: Iran, the U.S. and the Twisted Path to Confrontation. “Neither side is willing to back…

California cats

Our cats have been adapting slowly to Connecticut since we moved here in February. The outdoors is much more fun than it was in Los Angeles, with many small furry creatures to chase and bring home as presents. Rain still…

Town in San Diego has no water left

Firefighters drained the Ramona reservoir to fight the fire. Now there’s no water left and little possibility, considering the ongoing serious drought, that it will be replenished any time soon. What happens to a town of thousands when there’s no…

Financial markets getting wobbly

The Roxylander in Flame, a financial blogger, doesn’t post often, but when he does, it’s worth paying attention to. Like yesterday’s post titled “Red Alert.” Today we had a first grade panic in [two] credit default swaps and second grade…