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October 24,
2006
Vol. 2, No. 15
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Also in
this issue:
Time proves criticisms of McCarran PLA sound
Home-loan fraud jumps
Construction defects
major issue in 2007
Clark County population
to double in 20 years
Jerry Airola:
Problem solver?
Water utility draws flak
over Truckee River Fund
What it takes
to be great
Commentary:
What?! I'm on
the far right?!
It's for the union
Waiting game:
A plunge is inevitable
Is house flipping sleazy?
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Recently
from NPRI:
When minimizing wages is
union policy
Culinary co-parent UNITE has 50-year history of
working to lower benefits
[continued] |
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NV Supremes
What?! I'm on the far right?!
By Steve Sebelius
Las Vegas City Life
Imagine
my surprise to learn I'm on the "far
right."
Better still, imagine the surprise of those who
actually are on the far right, and would no more
have congress with the likes of me than they
would buy a Streisand album.
How did I end up there? Simply put: I intend to
vote to remove Justice Nancy Becker from the
state Supreme Court. And intrepid Las Vegas Sun
senior investigative reporter Jeff German sees a
plot therein: The "libertarian right" and the
"political fringe" conspiring to rid the court
of a justice simply because we conspirators
didn't like her decision in the infamous Guinn
v. Legislature. Leading the charge is the
"right-wing, libertarian Las Vegas
Review-Journal," where, it must be noted, I used
to work. (A-ha!)
[continued]
The hidden
civil war
It's for the union
Denying school choice serves the union, not the
students
By Joe Enge
Liberty Watch
"It's for the
children," the Nevada State Education Association (NSEA)
says as they thrust in your face pictures of cute kids
or their artwork.
"It's for the children," the NSEA says as they demand
ever-increasing funding for their monopoly of government
schools and avoid accountability. "It's for the
children," the NSEA says as it resists any and all real
education reforms in Nevada.
If you question increased funding for government
schools, why they have a monopoly and ask for reforms
and accountability, well, you must be against the
children and probably kick your dog, too. You simply
have to be a heartless nasty person.
[continued]

Waiting game:
A plunge is inevitable
More signals -- and more
observers -- emphasize the disconnect between
economic reality and the current euphoria.
By Bill Fleckenstein
MSN Money
Let's
begin with a multitrillion-dollar
question: Will this rally of the past 2 1/2
months be defined, in retrospect, as the ending
blowoff to the rally of the past few years
(fueled by what the housing bubble did for the
economy)? Or, will it -- for reasons unknown to
me -- signal the start of some new leg higher?
That silence you hear is the "answer" to this
question.
[continued]
Anti-capitalism
Is house
flipping sleazy?
By Timothy Terrell
Ludwig von
Mises Institute
Entrepreneurs
are in a danger zone when their activities are
incomprehensible to the general public. Profits
that appear without obvious explanation are
suspect, and the entrepreneur is likely to find
public hostility accompanying the suspicion.
[continued]
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WHY
BusinessNevada
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Public education
Helping high schools
Nevada
business can have a big impact on day-by-day classroom
dynamics
By Steven Miller
BusinessNevada
Nevada employers
— like business people around the country —
frequently express dismay over the poor quality of
present-day high school graduates.
And while the Silver
State business community energetically attempts to help
out, engaging in all sorts of activities to support
public education, most often, unfortunately, it’s to
little apparent effect.
Nevertheless, there may
be a remarkably simple and cost-effective way that
Nevada employers can begin having a significantly
positive impact on the day-by-day dynamics in the
state’s high schools.
[continued]
The public purse
Time proves criticisms
of McCarran PLA sound
Projects late and over
budget
Editorial
BusinessNevada
When Clark County
Aviation Director Randy Walker wrote his
letter to the editor in February 2003, he was clearly
steaming.
“I wish I could say that I was
shocked by the factual inaccuracies” in two Las Vegas
Review-Journal articles, complained Walker.
“Unfortunately, in my 23 years of experience, I have often
seen the media ignore facts in a gleeful rush to criticize
local government.”
What
so upset the director of McCarran International Airport? A
pair of R-J articles —
one in the
business section, followed by an
editorial a couple of days later.
[continued]
Real estate
Home-loan fraud jumps
Downturn reveals sharp rise in cases
By Brian
Wargo
InBusiness Las Vegas
A slowdown
in the Las Vegas Valley housing market is starting to uncover a
growing number of mortgage fraud cases.
Investigators for the FBI, state Mortgage Lending Division and local
law enforcement said complaints of mortgage fraud are
picking up and will undoubtedly increase as the number
of properties entering foreclosure continues to rise.
[continued]
Legislature 2007
Construction defects major issue in 2007
Legislation needs to clarify
groupings in class action
Construction Zone
Mark Twain
was right – and he may have been thinking of Nevada’s
state legislature when he wrote: "No man's life,
liberty, or property are safe while the legislature is
in session."
For Nevada’s construction industry, the 2007 legislative
session may prove that sarcastic observation to be the
literal truth.
[continued]
Demographics
Clark County population
to double in 20 years
LV Business Press
Clark County
The Nevada State Demographer's Office released its
projections Monday for the period through 2026. Clark
County can expect another 1.5 million people, according
to the latest numbers. Overall, Nevada is projected to
grow by more than 1.8 million or 74 percent during the
same period.
[continued]
Metro
Jerry Airola:
Problem solver?
Much of the public has lost
faith in Las Vegas Metro
By David Himmel
Liberty Watch
If you took
a kindergarten class from any understaffed, overcrowded
classroom of the Clark County School District and asked
each kid what he or she wanted to be once grown up, you
might get a few who shout, "Policeman!"
There has always been a fascination with being a police
officer. The role is one linked to being a hero -
nabbing bad guys, protecting the innocent.
But in reality, the job is mundane and hardly glamorous
at all. There are mountains of paperwork, routine
traffic stops and endless hours working public events.
[continued]
Bureaucracy
Water utility draws flak over Truckee River fund
Agency, without authority, charges users to fund
environmentalists
By Jeff DeLong
Reno Gazette-Journal
A charge
included on water bills to raise money for Truckee River
projects is the focus of increasing criticism in a
dispute that appears to be headed for the Legislature.
The fund, established by the Truckee Meadows Water
Authority in 2004, is a "de facto tax" that improperly
draws money from ratepayers without their permission,
said Assemblywoman Heidi Gansert, R-Reno.
[continued]
Excellence
What it takes to be great
Research now shows that the lack of natural talent is
irrelevant to great success. The secret? Painful and
demanding practice and hard work
By Geoffrey Colvin
Fortune Magazine
What makes Tiger
Woods great? What made Berkshire Hathaway (Charts)
Chairman Warren Buffett the world's premier investor? We
think we know: Each was a natural who came into the
world with a gift for doing exactly what he ended up
doing. As Buffett told Fortune not long ago, he was
"wired at birth to allocate capital." It's a
one-in-a-million thing. You've got it - or you don't
Well, folks, it's not so simple. For one thing, you do
not possess a natural gift for a certain job, because
targeted natural gifts don't exist. (Sorry, Warren.) You
are not a born CEO or investor or chess grandmaster. You
will achieve greatness only through an enormous amount
of hard work over many years. And not just any hard
work, but work of a particular type that's demanding and
painful.
[continued]
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