follow those stories
Equally unremarkable was my point that we all should expect more mining in unexpected places. Looks like the folks who run the airport saw the cash cow at their door. Any predictions on where next the drill will be pointed?
Dennis Roddy breaks a story about the nexus of computers and politics in Harrisburg. It does not exactly follow, but it reminds me of the story of computers used for the 2000 Pennsylvania reapportionment. The 2010 reapportionment is coming pretty soon and will be an equally contentious issue. In the Roddy story the commercial company involved is called Aristotle, which was founded by a fellow I learned about in college. He was kind of a legend in that his senior thesis designed a nuclear bomb. As a result it was supposedly classified and they say it's the only thesis that is not held in the Princeton thesis library.
Another take on the Port Authority negotiations are in an oped in the Wednesday PG. See: Don't Punish Transit Workers, by one Joseph J. Pass. I have to admit, I didn't even realize there were Wednesday opeds. With the deadline for acceptance or rejection of the state factfinder's report coming due, maybe there will be some interest in the prediction market I set up to look at whether there will be a strike at the Port Authority.
The AP version of the Supreme Court hearings the other day over the Constitutionality of the base year assessment system. No news coverage as best I can tell of what I pointed out that Judge Wettick's standing order (no matter whether the Supreme Court makes it ruling or not) is that a mass reassessment needs to be completed in the next 6 months? Do I misunderstand the ruling?
Eureka Financial says it will write down its fannie mae/freddie mac holdings. I just have to wonder if there are any more local stories like that out there. Maybe a few pension funds as well? It would be surprising if there weren't, but that is pure speculation.
Maybe a chair is just a chair from now on? Pat Ford's ties to the URA come to an end. Does it spell the beginning of the end for the Burghosphere? I mean, will there be enough fodder for people to write about going forward. It's debatable. People are surprised that there is a cash 'settlement'. I say the only semi-rational explanation for the irrational exhortations of Mr. Ford's lawyer of late was to throw up a bunch of chaff into the air to occlude the fact that he had no legal case to make. So like a puffer fish he blew up the story for the public so that when a settlement came it would all appear a painful, but acceptable deal for the URA to make. But in the end, it's worth some $$ amount to have this all come to an end as quickly and conclusively as possible.