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From any vantage point, the situation is grim. Construction in the area dropped 92% in October, compared with the same month a year earlier. In November the county issued 80 new home permits, down from an average of almost 500 permits a month in 2007. Housing prices have deflated with a deafening groan. Keith Schwer, who runs the Center for Business and Economic Research at the University of Nevada-Las Vegas, estimates that 50% of homeowners owe more than what their home is worth. Perhaps the only positive note is that housing prices have returned to more reasonable levels...
Honolulu Mayor Mufi Hannemann ordered the Honolulu police department to beef up patrols in the area around Obama's beachfront compound while the Hawaiian Electric Co. sent a portable generator to the home to ensure that Obama's family and staff were powered up. "We understand he's O.K. in his compound," said Hannemann, speaking Friday night. "Where he is staying has to be one of the most secure spots on the island." Hawaii Governor Linda Lingle said an undisclosed branch of the military provided communications equipment to Obama's security detail while the state's civil defense worked...
...have rubbed off on politicians hoping to win big in elections scheduled for early February 2009. In a concrete, bunker-like hall in Sderot, one of those hopeful politicians, the Israeli foreign minister Tzipi Livni, came by on Sunday afternoon to show solidarity with the residents of the area as well as to address a few dozen foreign diplomats brave enough to come to a community under threat of Qassam rockets. "Now we need your support to increase international pressure on Hamas. Enough is enough...
...says. "If I had opened an ice-cream stand here I would have made a lot money." He adds, "Exultation is the word to describe my feelings. At last, after eight years of defense alerts and hundreds of mortar shells, of Qassam rockets fired at our kibbutz and the area, there is finally some retaliation. People are here to see it happening for real." Nevertheless, the people of the kibbutz are taking precautions. Students and all families with small children have left, moving to live with relatives further north in Israel...
From a TV perspective, Christmas Eve 1966 looked grim. The regular Saturday night college basketball broadcast was suspended due to the holiday, and while many viewers in the New York area might have had something better to do, those who tuned in to local broadcaster WPIX would face an hour and a half of nothing, followed by a roller derby at 11:30. WPIX president Fred Thrower had a suggestion: the station would announce the cancellation of all its programming that evening "in order to present a WPIX Christmas card to our viewers." (The roller derby, Thrower noted...