| Dudes with attitude problems
If this was the same bus that resort to the misdemeanors as described above, it certainly had one hell of an attitude problem. But if it happens to be one of many practising these things as if it was second nature, we have a hell of an attitude problem.
A letter from Kumbaeyer in New Ireland province yesterday showed perhaps another facet of this problem: "Recently, while I was in Mt Hagen, I got the shock of my life when I decided to take a stroll from the Highlander Hotel to the main town centre. Using the route from the coffee market lawn heading towards the Family Centre church and court house, I noticed some cars parked on the lawn. But on closer inspection, I noticed used oil, filters and other used vehicle servicing components were scattered on the lawn. I then realised that these people were servicing their vehicles on the lawn.
John Watson: Sand Flat still a small country community
Sand Flat, a small community midway between Cleburne and Grandview, is one of the older communities in Johnson County.According to a letter in the "Johnson County Scrap Book, Volume 3," at the Cleburne Public Library, George N. Logan and his family left Kentucky in a wagon pulled by oxen in 1853. When they arrived in the area that is now Johnson County, they found the land was not what they expected it to be and went back to East Texas, where they lived for five years. While in East Texas four of their eight sons died, one having been killed by Indians. In 1858 they packed up again and returned to Johnson County, where they had friends living. This time they settled in Sand Flat.Two things that held the early communities together were the school and church. This is where things get interesting.
Mass. foreclosures rise 128% in January
Nearly 800 foreclosures were recorded in January, the highest number of Bay State homes lost during a single month since August 2007, the Warren Group said today. The Warren Group of Boston is a provider of local real estate data and the publisher of Banker & Tradesman. There were 799 foreclosure deeds in January, up 128.3 percent from the 350 deeds in January 2007, the firm said, and January 2008 also marks the highest number of deeds during any month since August 2007, when there were 1,018. Auction announcements in January reached their highest number since the Warren Group began tracking them in 2005, the firm said, and there were 1,792 announcements in January 2008, up 77.8 percent from the 1,008 in January 2007. Petitions to foreclose, the first step in the foreclosure process, also increased in December, signaling that Massachusetts problems with foreclosures are far from over, the Warren Group said.
Stocks to buy: Blue Star, Ruchi Soya, Simplex Infra, Kalyani Steels
Kotak Securities has a ‘buy' rating on the central air-conditioning systems major Blue Star, as it feels it will report handsome earnings growth over the next two years (CAGR of 78% between FY07 and FY09). The company being in a position to offer the best requirement for central as well as commercial refrigeration equipment enabling it to maintain a leading market position in this segment, remains one of the key reasons for its bullishness.
The brokerage also feels that the stock is a play on structural themes like IT/ITeS and retail. However, the brokerage warns that appreciation in the rupee and slowdown in IT/ITeS services remain key concerns. Kotak calculates that at the current price, BSL is trading at 25.1x and 19.3 times FY08 and FY09 earnings, respectively, and on a forward EV/EBITDA basis, the stock is trading 12.6 times.
China wants US satellite downing data
Unlike Beijing, which gave no notice before using a missile to pulverize a disabled weather satellite in January 2007, Washington discussed its plans at length and insisted it was not a test. Subsequent requests by U.S. officials for more information were ignored and none of Beijing's recent statements mentioned China's own satellite shootdown. China's anti-satellite test was also criticized for being more dangerous. The targeted satellite was located about 500 miles above the earth and the resulting debris threatened communication satellites and other orbiting space vehicles. Foreign space experts and governments labeled China a space litterbug. Still, the distinction between the two actions may be lost for many, said Denny Roy, an expert on the Chinese military at the East-West Center in Honolulu.
Tata working on ultra-green 'air car'
A car that runs on air and releases no pollutants into the atmosphere at low speeds could be offered for sale in India as soon as this year. The three-seater fibreglass OneCAT weighs just 350kg and is expected to be priced at about £2,500. The technology under its bonnet is backed by Tata, the Indian conglomerate that sent a shockwave through the auto industry last month when it unveiled the world's cheapest car, the £1,250 Nano. Refuelling involves topping-up on compressed air, which is used to power the OneCAT's piston engine. In a couple of minutes - and at a cost of as little as £1 - the vehicle is ready to travel another 200 to 300 kilometres, its inventors say. The vehicle, which burns small amounts of conventional fuels at higher speeds, has been developed by Moteur Development International (MDI), a French-based, family-owned group that has been working on a roadworthy "air car" for the past decade.
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