The Castro’s beloved Ike’s Place is in the news again, and this time the story isn’t rife with drama.
The sandwich shop’s Matt Cain Championship kids shoes Edition Sandwich has won the ESPN Fanwich award for best sports sandwich in the country, according to Bay Citizen.
Owner Ike Shehadeh and his rowdy team of Dirty-Secret-Sauce-slingers NFL jerseys whole sale sat down with ESPN in the interview below to shed some light on the famous sando.
After the Giants won the World Series, the sandwich shop upgraded the original Matt Cainwich with a cardiologist-alerting layer of NFL jerseys online sale beer-battered onion rings, California avocado and mozzarella sticks, because “he pitched so beautifully.” That’s some Cain love, right there.
The extra calories paid off when Shehadeh entered the sandwich in ESPN’s Facebook Fanwiches competition and took home gold.
The competition pitted sports-themed sandwiches from across the nation against each other in a national readers poll. Adidas kids shoes Entries ranged from over-the-top to region-specific to extremely amusing. But our very own Ike’s took the crown.
In the ESPN interview, Shehadeh explained that the menu at Ike’s is stuffed with odes to sports heroes, like the Jim Rome sandwich (turkey, Ike’s red pesto, avocado, and cheddar), nike kids shoes which took seventh in the same competition, and the Barry Z., which is basically just turkey, avocado and Havarti for $18.5 million. (It’s actually $8.98.)
Ike mentioned the Lincecum sandwich (ham, turkey, bacon, avocado and Havarti) in the interview, but had to admit that a Brian Wilson version has yet to be created. (Tuna and potato chips? Lobster risotto on rye?) This got us thinking: What sando would we create for our favorite players?
2011年7月29日星期五
2011年7月28日星期四
Atheists Sue Over World Trade Center 9/11 Cross: Should Christian Symbol Be Removed?
A national atheist group has filed a lawsuit to block the inclusion of the famous '9/11 cross' from a memorial at the World Trade Center site.
The cross, a fused steel t-joint which served to gird the towers before they fell, was unearthed from the rubble following the attacks. Unusual for its proportions resembling the Christian cross, it quickly became a symbol munich zapatillas baratas of hope for men and women coping with the horror of the day.
It was moved to nearby St. Peter's church in 2006, where it bore a plaque which read: "The Cross at Ground Zero - Founded September 13, 2001; Blessed October 4, 2001; Temporarily Relocated October bambas munich 15, 2006. Will return to WTC Museum, a sign of comfort for all."
The cross was moved back to the World Trade Center site on July 23, but according to the American Atheists, it should have stayed at St. Peter's.
"The WTC cross has become a Christian icon," the group's president, Dan Silverman, said in a press release. "It has been blessed by so-called holy men and presented as a reminder that their god, who couldn't be bothered to stop the Muslim terrorists several techniques to preserve money on children footwear or prevent 3,000 people from being killed in his name, cared only enough to bestow upon us some rubble that resembles a cross. It's a truly ridiculous assertion."
According to ABC News, Jane Everhart, one of the separate plaintiffs listed in the case, called the cross "an ugly piece of wreckage" that "does not represent anything ... but horror and death."
The group wants equal inclusion of other belief systems - including nonreligious groups - or outright removal of the cross. The 9/11 Memorial Foundation told ABC that other religious artifacts, including a Star of David and a Jewish prayer shawl, NFL jerseys whole sale
will be added the museum ahead of its scheduled opening on September 12, 2011.
This is hardly the first time an atheist's interest group has sued over a perceived religious injustice. The Freedom From Religion Foundation sued President Bush, the then-governor of Wisconsin and other officials over a designated National Day of Prayer in 2008 (another group in Arizona did so again in March 2011) and the Central Arkansas Coalition of Reason sued because it was being forced to pay for an anti-God bus ad campaign. Most recently, five Texans sued Gov. Rick Perry to prevent him from appearing in an August 6 prayer rally.
The cross, a fused steel t-joint which served to gird the towers before they fell, was unearthed from the rubble following the attacks. Unusual for its proportions resembling the Christian cross, it quickly became a symbol munich zapatillas baratas of hope for men and women coping with the horror of the day.
It was moved to nearby St. Peter's church in 2006, where it bore a plaque which read: "The Cross at Ground Zero - Founded September 13, 2001; Blessed October 4, 2001; Temporarily Relocated October bambas munich 15, 2006. Will return to WTC Museum, a sign of comfort for all."
The cross was moved back to the World Trade Center site on July 23, but according to the American Atheists, it should have stayed at St. Peter's.
"The WTC cross has become a Christian icon," the group's president, Dan Silverman, said in a press release. "It has been blessed by so-called holy men and presented as a reminder that their god, who couldn't be bothered to stop the Muslim terrorists several techniques to preserve money on children footwear or prevent 3,000 people from being killed in his name, cared only enough to bestow upon us some rubble that resembles a cross. It's a truly ridiculous assertion."
According to ABC News, Jane Everhart, one of the separate plaintiffs listed in the case, called the cross "an ugly piece of wreckage" that "does not represent anything ... but horror and death."
The group wants equal inclusion of other belief systems - including nonreligious groups - or outright removal of the cross. The 9/11 Memorial Foundation told ABC that other religious artifacts, including a Star of David and a Jewish prayer shawl, NFL jerseys whole sale
will be added the museum ahead of its scheduled opening on September 12, 2011.
This is hardly the first time an atheist's interest group has sued over a perceived religious injustice. The Freedom From Religion Foundation sued President Bush, the then-governor of Wisconsin and other officials over a designated National Day of Prayer in 2008 (another group in Arizona did so again in March 2011) and the Central Arkansas Coalition of Reason sued because it was being forced to pay for an anti-God bus ad campaign. Most recently, five Texans sued Gov. Rick Perry to prevent him from appearing in an August 6 prayer rally.
2011年7月27日星期三
Los Angeles Red Light Cameras To Shut Off
It's lights out for red-light cameras.
The nation's second-largest city decided Wednesday to shut down its traffic enforcement cameras because the program is losing $1.5 million a year. There also were kids shoes questions about whether the tactic actually saves lives.
With a 13-0 vote, the City Council voted to stop issuing photo traffic enforcement tickets as of midnight Sunday, when a contract with an Arizona-based contractor expires.
"The program as we know it no longer nike kids shoes exists in the city as of July 31," Councilman Dennis Zine said.
City Hall will review procedures with the vendor to remove cameras at 32 intersections and deal with existing tickets.
However, officials won't learn until later if the phase-out will cost the city more money, or if the vendor, American Traffic Solutions, must perform the work for free.
Some cameras operated by the Los Angeles County Metropolitan Transportation Authority will remain along bus and rail routes. cheap NFL jerseys whole sale There also are more than 30 other camera enforcement programs operating in other cities and venues within Los Angeles County.
The City Council's decision was expected after the Police Commission voted to drop the program, which had ticketed more than 180,000 drivers since 2004.
Councilman Bill Rosendahl said the contract was costing Los Angeles $1.5 million a year because many people ignored the citations.
There currently are about 65,000 outstanding unpaid tickets, Councilman Mitchell Englander said.
Council members blamed the losses on the refusal of the Los Angeles County Superior Court to force drivers to pay up.
"The courts do not process, the courts do not hold people responsible," Zine said.
Drivers who sign moving-violation citations The whole sale of NFL jerseys issued on the scene by police officers promise to deal with the ticket, but the photo tickets were mailed to the registered owner of the vehicle caught on camera. Those owners never made such a promise and might not have been behind the wheel when the photo was taken.
The Superior Court system does not notify the state Department of Motor Vehicles of unpaid camera tickets unless the motorist has been ordered in court to pay.
Police told council members Wednesday that unpaid tickets go to a county collections department that issues warnings, but there nike kids shoes are few consequences for failing to pay. It has no effect on a motorist's credit, driving record or insurance.
However, some council members noted the unpaid ticket remains in court records and could be available to would-be employers conducting background checks.
Critics of red-light enforcement argued that its effectiveness in reducing accidents was open to debate, and that the high cost of the citations Adidas kids shoes – which could run hundreds of dollars – was punitive for poor residents struggling to make ends meet in a sagging economy.
"The point of this has never been to punish people for no reason at all, it's been to make our streets safer and we have mixed data, at best, about whether this does," Councilman Gil Garcetti argued. "It is time for us to shut it down, and shut it down now."
An audit by City Controller NFL jerseys online sale Wendy Greuel last year concluded the program has not "conclusively shown to have increased public safety."
Some studies have concluded that red-light cameras increase the number of rear-end collisions as drivers slam on the brakes at intersections or scoot through at high speed to avoid a ticket.
Council members asked the city's transportation department to look into other ways of reducing traffic violations, including extending the length of yellow lights at the intersections.
The nation's second-largest city decided Wednesday to shut down its traffic enforcement cameras because the program is losing $1.5 million a year. There also were kids shoes questions about whether the tactic actually saves lives.
With a 13-0 vote, the City Council voted to stop issuing photo traffic enforcement tickets as of midnight Sunday, when a contract with an Arizona-based contractor expires.
"The program as we know it no longer nike kids shoes exists in the city as of July 31," Councilman Dennis Zine said.
City Hall will review procedures with the vendor to remove cameras at 32 intersections and deal with existing tickets.
However, officials won't learn until later if the phase-out will cost the city more money, or if the vendor, American Traffic Solutions, must perform the work for free.
Some cameras operated by the Los Angeles County Metropolitan Transportation Authority will remain along bus and rail routes. cheap NFL jerseys whole sale There also are more than 30 other camera enforcement programs operating in other cities and venues within Los Angeles County.
The City Council's decision was expected after the Police Commission voted to drop the program, which had ticketed more than 180,000 drivers since 2004.
Councilman Bill Rosendahl said the contract was costing Los Angeles $1.5 million a year because many people ignored the citations.
There currently are about 65,000 outstanding unpaid tickets, Councilman Mitchell Englander said.
Council members blamed the losses on the refusal of the Los Angeles County Superior Court to force drivers to pay up.
"The courts do not process, the courts do not hold people responsible," Zine said.
Drivers who sign moving-violation citations The whole sale of NFL jerseys issued on the scene by police officers promise to deal with the ticket, but the photo tickets were mailed to the registered owner of the vehicle caught on camera. Those owners never made such a promise and might not have been behind the wheel when the photo was taken.
The Superior Court system does not notify the state Department of Motor Vehicles of unpaid camera tickets unless the motorist has been ordered in court to pay.
Police told council members Wednesday that unpaid tickets go to a county collections department that issues warnings, but there nike kids shoes are few consequences for failing to pay. It has no effect on a motorist's credit, driving record or insurance.
However, some council members noted the unpaid ticket remains in court records and could be available to would-be employers conducting background checks.
Critics of red-light enforcement argued that its effectiveness in reducing accidents was open to debate, and that the high cost of the citations Adidas kids shoes – which could run hundreds of dollars – was punitive for poor residents struggling to make ends meet in a sagging economy.
"The point of this has never been to punish people for no reason at all, it's been to make our streets safer and we have mixed data, at best, about whether this does," Councilman Gil Garcetti argued. "It is time for us to shut it down, and shut it down now."
An audit by City Controller NFL jerseys online sale Wendy Greuel last year concluded the program has not "conclusively shown to have increased public safety."
Some studies have concluded that red-light cameras increase the number of rear-end collisions as drivers slam on the brakes at intersections or scoot through at high speed to avoid a ticket.
Council members asked the city's transportation department to look into other ways of reducing traffic violations, including extending the length of yellow lights at the intersections.
2011年7月26日星期二
Postal Service Targets The Bronx: 17 Stations Could Be Closed Under 'Expanded Access' Study
The United States Postal Service announced on Tuesday that up to 34 retail offices in New York City could be air jordan shoes closed starting in January. A full half of those stations on death row are in the Bronx, including the Hunts Point, Morrisania, West Farms and Castle Hill locations.
The potential cuts are all part of a study dubbed "Expanded Access" by the Postal Service, which is looking at whether to close 3,700 post offices. The USPS, under pressure Air Jordan 2011 from Congress to cut costs and avert a disputed pension shortfall, is desperate to find savings anywhere it can.
At the same time, the Postal Service doesn't want to anger politicians whose offices will be flooded with calls if neighborhood NFL jerseys whole sale offices close. So it says the plan won't hurt service because "village post offices," at private businesses like CVS and Duane Reade, will pick up the slack on ordinary customers' needs by selling stamps.
The New York Metro Area Postal Union argues that the plan is a fantasy.
"Whatever they say -- it's like '1984' some of the phrases they come out with -- but in reality they're not going to improve service, they cheap kids shoes never have. Service gets worse with everything they've done," union political director Chuck Zlatkin told HuffPost.
Bronx Borough President Ruben Diaz, Jr. is not happy about all the closures. "I am extremely concerned that 17 postal locations in the Bronx are being studied for Air Jordan CMFT Max Air 12 potential closure. The Bronx cannot afford such a considerable loss of both jobs and commercial activity," he said in a statement.
His communications director, John DeSio, added that it was "somewhat troublesome that the Bronx is seeing an exponentially higher potential closure rate here than any other borough."
The potential cuts are all part of a study dubbed "Expanded Access" by the Postal Service, which is looking at whether to close 3,700 post offices. The USPS, under pressure Air Jordan 2011 from Congress to cut costs and avert a disputed pension shortfall, is desperate to find savings anywhere it can.
At the same time, the Postal Service doesn't want to anger politicians whose offices will be flooded with calls if neighborhood NFL jerseys whole sale offices close. So it says the plan won't hurt service because "village post offices," at private businesses like CVS and Duane Reade, will pick up the slack on ordinary customers' needs by selling stamps.
The New York Metro Area Postal Union argues that the plan is a fantasy.
"Whatever they say -- it's like '1984' some of the phrases they come out with -- but in reality they're not going to improve service, they cheap kids shoes never have. Service gets worse with everything they've done," union political director Chuck Zlatkin told HuffPost.
Bronx Borough President Ruben Diaz, Jr. is not happy about all the closures. "I am extremely concerned that 17 postal locations in the Bronx are being studied for Air Jordan CMFT Max Air 12 potential closure. The Bronx cannot afford such a considerable loss of both jobs and commercial activity," he said in a statement.
His communications director, John DeSio, added that it was "somewhat troublesome that the Bronx is seeing an exponentially higher potential closure rate here than any other borough."
2011年7月25日星期一
Obama Will Skip Chicago Birthday Bash If Default Deadline Is Missed
As organizers prepare for President Obama's massive fundraiser and birthday bash in Chicago, Republicans kids shoes and Democrats continue to argue over raising the country's debt ceiling to avoid default. If an agreement is not reached soon, the Chicago Sun-Times reports that the man of honor won't be attending his own party.
"The president is doing the job the American people elected him to do and that is what will always come first," Obama campaign manager Jim Messina told Lynn Sweet of the nike kids shoes Sun-Times, who first reported the fundraiser cancellations. "Our job is to build the campaign while the president governs."
The party is scheduled for August 3 at the Aragon Ballroom in Chicago's Uptown neighborhood. The evening was set to include a private dinner with Obama for those contributing $10,000 to $38,500, and a "birthday concert" for $50 to $10,000. Performances by actress/singer Jennifer Hudson, jazz great Herbie Adidas kids shoes Hancock and rock band OK Go are expected.
All presidents running for re-election are forced to juggle governing with campaigning. But as the debt talks have dragged on for weeks, Obama has limited his travel and remained in Washington trying to strike a balance between his day job and increasing attention on his re-election campaign. His campaign and the DNC raised $86 million during the spring fundraising quarter
Top online kids shoes shop. and a field of Republican presidential candidates has been hard at work in early primary states, vying to challenge Obama next year.
"It comes with the territory to some degree. In this instance, certainly this has become so consuming,"
Top online kids shoes shop. said Democratic strategist Karen Finney. "If you believe we may be close to a deal, obviously the president wants to remain here in town and be ready to do whatever needs to be done."
While his campaign has not canceled the plans outright, they have already scrapped fundraisers in California and Washington state, and another event at the New York home of film mogul Harvey Weinstein, Sweet reported.
On Monday, Obama will skip two Washington fundraisers that had been on his schedule. One of the events was canceled and Vice Top online kids shoes shop. President Joe Biden will attend the other.
Most of the canceled fundraisers are expected to be rescheduled. Weinstein's event is expected to be held in August while the postponed events on the West Coast have not yet been rescheduled. Biden canceled events in Atlanta, Nashville Air Jordan CMFT Max Air 12 and Dallas in recent weeks but is expected to attend fundraisers in those cities this fall.
Others are pitching in. First lady Michelle Obama will attend fundraisers in Salt Lake City, Utah, and Aspen, Colo., on Tuesday, while a team of campaign surrogates, including strategist David Axelrod and former White House press secretary Robert Gibbs.www.2lv.us
"The president is doing the job the American people elected him to do and that is what will always come first," Obama campaign manager Jim Messina told Lynn Sweet of the nike kids shoes Sun-Times, who first reported the fundraiser cancellations. "Our job is to build the campaign while the president governs."
The party is scheduled for August 3 at the Aragon Ballroom in Chicago's Uptown neighborhood. The evening was set to include a private dinner with Obama for those contributing $10,000 to $38,500, and a "birthday concert" for $50 to $10,000. Performances by actress/singer Jennifer Hudson, jazz great Herbie Adidas kids shoes Hancock and rock band OK Go are expected.
All presidents running for re-election are forced to juggle governing with campaigning. But as the debt talks have dragged on for weeks, Obama has limited his travel and remained in Washington trying to strike a balance between his day job and increasing attention on his re-election campaign. His campaign and the DNC raised $86 million during the spring fundraising quarter
Top online kids shoes shop. and a field of Republican presidential candidates has been hard at work in early primary states, vying to challenge Obama next year.
"It comes with the territory to some degree. In this instance, certainly this has become so consuming,"
Top online kids shoes shop. said Democratic strategist Karen Finney. "If you believe we may be close to a deal, obviously the president wants to remain here in town and be ready to do whatever needs to be done."
While his campaign has not canceled the plans outright, they have already scrapped fundraisers in California and Washington state, and another event at the New York home of film mogul Harvey Weinstein, Sweet reported.
On Monday, Obama will skip two Washington fundraisers that had been on his schedule. One of the events was canceled and Vice Top online kids shoes shop. President Joe Biden will attend the other.
Most of the canceled fundraisers are expected to be rescheduled. Weinstein's event is expected to be held in August while the postponed events on the West Coast have not yet been rescheduled. Biden canceled events in Atlanta, Nashville Air Jordan CMFT Max Air 12 and Dallas in recent weeks but is expected to attend fundraisers in those cities this fall.
Others are pitching in. First lady Michelle Obama will attend fundraisers in Salt Lake City, Utah, and Aspen, Colo., on Tuesday, while a team of campaign surrogates, including strategist David Axelrod and former White House press secretary Robert Gibbs.www.2lv.us
2011年7月23日星期六
Wu-Tang Clan's 'The Black Diamonds'
Wu-Tang Clan's new album, Legendary Weapons, has many wondering if it's only an album in name. For one, the full clan isn't here. Raekwon, RZA, Ghostface Killah, Method Mad, Inspectah Deck and U-God are present, which leaves GZA and Masta chaussures air max Killa who are not. Sure, that's almost the whole gang, but each track lists the members as "featured," leaving one to wonder if this isn't more of a makeshift effort.
Regardless, we're here to listen. This Wu track, "The Black Diamonds," was released earlier this month, but in anticipation of Legendary Weapons dropping next Tuesday, Top online kids shoes shop.July 26, we're bringing it around for another spin.
"The Black Diamonds" features Ghostface, Roc Marciano and Killa Sin. Marciano was featured on Wu-Tang's 2005 album, Wu-Tang Meets the Indie Culture, and Killa Sin is one of Wu-Tang's many orbitals. The track's ominous melody, countered by high-octave piano Top online kids shoes shop. keys trilling throughout -- and, of course, crazed voices waving in and out -- remind us of why we loved the Wu in the first place. We just hope that's not all this album is -- a reminder.
This article was OBVIOUSLY written by some young privileged kid who wishes he even knew the best of Wu Tang but clearly doesn't. I guess writing The whole saler of NFL jerseys 3 paragraphs on a new single was done in the hopes of gaining some kind of street cred? Hood points?
"The track's ominous melody, countered by high-octave piano keys trilling throughout -- and, of course, crazed voices AIR MAX NOMO waving in and out -- remind us of why we loved the Wu in the first place"
What kind of sentence is that lol? You're not writing a short story dear.
But I'll forgive all that. There's one BLARING giveaway and unforgivable fact: You seem to think WTClan was made up of 8 members. Well it was 9. AIR MAX 2011 You left off ODB. But if you knew what you were talking about, I guess you'd know that.
I hope one day HP has real writers and real experts on this thing. These twerps who write on here now, they know very little about any given subject.
Regardless, we're here to listen. This Wu track, "The Black Diamonds," was released earlier this month, but in anticipation of Legendary Weapons dropping next Tuesday, Top online kids shoes shop.July 26, we're bringing it around for another spin.
"The Black Diamonds" features Ghostface, Roc Marciano and Killa Sin. Marciano was featured on Wu-Tang's 2005 album, Wu-Tang Meets the Indie Culture, and Killa Sin is one of Wu-Tang's many orbitals. The track's ominous melody, countered by high-octave piano Top online kids shoes shop. keys trilling throughout -- and, of course, crazed voices waving in and out -- remind us of why we loved the Wu in the first place. We just hope that's not all this album is -- a reminder.
This article was OBVIOUSLY written by some young privileged kid who wishes he even knew the best of Wu Tang but clearly doesn't. I guess writing The whole saler of NFL jerseys 3 paragraphs on a new single was done in the hopes of gaining some kind of street cred? Hood points?
"The track's ominous melody, countered by high-octave piano keys trilling throughout -- and, of course, crazed voices AIR MAX NOMO waving in and out -- remind us of why we loved the Wu in the first place"
What kind of sentence is that lol? You're not writing a short story dear.
But I'll forgive all that. There's one BLARING giveaway and unforgivable fact: You seem to think WTClan was made up of 8 members. Well it was 9. AIR MAX 2011 You left off ODB. But if you knew what you were talking about, I guess you'd know that.
I hope one day HP has real writers and real experts on this thing. These twerps who write on here now, they know very little about any given subject.
2011年7月22日星期五
Home Ownership Woes Suggest Trouble For The American Dream
Home ownership, long a central pillar of the American dream, seems increasingly unattainable for growing numbers of households.
Yet old views died hard, and nine out of 10 Americans still consider home ownership “an important part of the American dream," according to a June poll by The New York Times/CBS News.
Indeed, there are signs of slight improvement in the housing market. In June,kids shoes work started on 629,000 new houses,Top nline kids shoes shop. a five-month high that beat economists’ expectations saw an uptick in construction in every region in the country. But that doesn’t necessarily indicate the housing market is in recovery -- because, as real estate analyst Mike Larson recently told The Washington Post, “[p]eople who don’t have jobs don’t buy houses.”
And many, many people don’t have jobs. Unemployment rose to 9.2 percent in June, a figure that would actually be higher than 11 percent if there were still as many people actively looking for work as there were at the start of the recession,The whole saler of NFL jerseys according to the Wall Street Journal. Among those who have jobs, wages are falling and many people can only find part-time work rather than full-time.
The grim employment situation is reflected in home ownership statistics. On Wednesday, Morgan Stanley released a report showing that if delinquent borrowers are excluded, the U.S. home ownership rate is only 59.7 percent, which would be an all-time low. Leaving in the country’s roughly 7.5 million delinquent borrowers, home ownership is at 66.4 percent.
Morgan Stanley housing strategist Oliver Chang told Bloomberg that given runaway foreclosures and tight credit for borrowers, America is moving nike kids shoes“away from being an ownership society” -- President George W. Bush’s vision of a country with high home ownership -- and “towards becoming a rentership society.”
Those unexpectedly high June housing starts might actually bear out Chang’s prediction. As recently pointed out by the WSJ, construction of single-family homes grew by 9.4 percent in June -- but construction of multi-family homes with at least two units increased three times as much, by 30.4 percent. In other words, there were a lot more apartments than houses.
Yet old views died hard, and nine out of 10 Americans still consider home ownership “an important part of the American dream," according to a June poll by The New York Times/CBS News.
Indeed, there are signs of slight improvement in the housing market. In June,kids shoes work started on 629,000 new houses,Top nline kids shoes shop. a five-month high that beat economists’ expectations saw an uptick in construction in every region in the country. But that doesn’t necessarily indicate the housing market is in recovery -- because, as real estate analyst Mike Larson recently told The Washington Post, “[p]eople who don’t have jobs don’t buy houses.”
And many, many people don’t have jobs. Unemployment rose to 9.2 percent in June, a figure that would actually be higher than 11 percent if there were still as many people actively looking for work as there were at the start of the recession,The whole saler of NFL jerseys according to the Wall Street Journal. Among those who have jobs, wages are falling and many people can only find part-time work rather than full-time.
The grim employment situation is reflected in home ownership statistics. On Wednesday, Morgan Stanley released a report showing that if delinquent borrowers are excluded, the U.S. home ownership rate is only 59.7 percent, which would be an all-time low. Leaving in the country’s roughly 7.5 million delinquent borrowers, home ownership is at 66.4 percent.
Morgan Stanley housing strategist Oliver Chang told Bloomberg that given runaway foreclosures and tight credit for borrowers, America is moving nike kids shoes“away from being an ownership society” -- President George W. Bush’s vision of a country with high home ownership -- and “towards becoming a rentership society.”
Those unexpectedly high June housing starts might actually bear out Chang’s prediction. As recently pointed out by the WSJ, construction of single-family homes grew by 9.4 percent in June -- but construction of multi-family homes with at least two units increased three times as much, by 30.4 percent. In other words, there were a lot more apartments than houses.
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