Saturday, November 21, 2009

CM PRESS # 878

DENVER COPS ARREST 32 BLACKS FOR HATE CRIMES AGAINST WHITES AND LATINOS
It's very rare for blacks to be charged with hate crimes against whites. Cops in many jurisdictions seem to bend over backwards to find some other cover motive when blacks attack whites. Perhaps blacks got hate crime charges in these Denver cases because they also attacked Latinos.
Link
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MORE ON THE COSTA MESA FAIRGROUNDS

In our view, some of the arguments we've seen about stopping the state from selling the Fairgrounds don't seem to make much sense.

One pervasive argument holds that we already own the Fairgrounds and we shouldn't even be considering buying what we already own.

Well, actually, the State of California owns the Fairgrounds. Yes, in a larger sense, that means the citizens of California--all the citizens--own it. However, the citizens have given authority to the state government to handle such things as buying, using, holding and disposing of property such as the Fairgrounds. Again, the STATE owns the property.

It is not just the citizens of Costa Mesa or Orange County who own the Fairgrounds.

Another thing we've noted is that some of the local folks who have been the loudest voices against telling others what to do with their property, now seem to have changed tune and want to tell the state what it can do with the property that, as already mentioned, is owned by the state, as authorized by all the citizens of California.

And, what about this talk of offering $25 million for the Fairgrounds in some sort of Orange County and Costa Mesa joint effort? In the first place, the Fairgrounds can't be properly valued for its lowest and worst use, which is what that $ 25 million represents. Instead, it must be valued at its highest and best use. Frankly, if the state sold the property for far less that it's worth, it might face some serious law suits.

The most likely way that the sale will be called off--if it is called off--will be if the state doesn't
receive any legitimate offers for what the state thinks the property is worth. That means, we think, that the state would like to see offers in the $ 200 million range, not $25 million, but might cave at around $ 125 million on a very clean offer with few contingencies.
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AFGHANISTAN TO EXPAND ARMY
Transparent move aimed at making Americans think that our kids aren't the only ones defending the corrupt regime. LINK
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Those are our opinions. Thanks for reading them.

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