Thursday, 13 February 2014

U.S. is Going Bankrupt One City at a Time

Heartland Institute
"Time to start watching U.S. cities go bankrupt. Prior to Detroit, there was Stockton, California, and, according to Stephen Moore, now the chief economist with the Heritage Foundation, there are more than sixty of the largest cities that “are plagued with the same kinds of retirement legacy costs that sent Detroit in Ch apter 9 bankruptcy” last year. “Keep an eye on ‘too big to fail’ cities like Chicago, Philadelphia, and New York,” he warned. Among the twenty cities he listed in an August 2013 Newsm ax article, he cited Compton and Oakland, CA, Harrisburg, PA, and Providence, RI. What these and other cities have in common is that “the vast majority are located in states with forced unions, non-right-to-work states.”

Saturday, 8 February 2014

Chinese minx v Scouse tigress: So what drives the brazen social mountaineer whose infatuation with Tony Blair destroyed her marriage to Rupert Murdoch

Daily Mail
"The couple’s split, it has emerged, was prompted by Murdoch’s discovery that his then wife had secretly spent two nights under the property’s terracotta roof with the former British Prime Minister, Tony Blair. According to an extraordinary account of the divorce, published by Vanity Fair this week, the press baron became convinced that his wife was conducting an extra-marital affair after ranch staff disclosed details of Blair’s visits. Employees told him of Blair and Deng ‘feeding each other during dinner, which made the staff uncomfortable’, the magazine claims. On one occasion, they allegedly ‘caught Mr Blair walking into the master bedroom and closing the door behind him’.

Friday, 7 February 2014

Wendi Deng's 'love note for Tony Blair' published

Vanity Fair
"Mark Seal uncovers the truth about the close relationship between Wendi Deng, third wife to media titan Rupert Murdoch, and married former British Prime Minister Tony Blair. In an excerpt from the story, available on stands today, Seal reveals how the secrecy surrounding their intimacy quickly unraveled—first with the help of Murdoch’s loyal, observant staff, and later through a steamy, lovelorn missive."
" Mr Murdoch’s discovery of his wife’s crush on Mr Blair was said to be the “final straw” that prompted him to file for divorce after 14 years of marriage. The News Corp executive chairman felt “betrayed” as he considered Mr Blair to be a close ally. According to Vanity Fair, a besotted Miss Deng invited Mr Blair to spend a weekend at the Murdoch family ranch in Carmel, California in October 2012 – omitting to tell him that her husband would not be there." (Telegraph)