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Bailout may soon come for homeowners |
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Saturday, 02 August 2008 |
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Homeowners can start breathing a sigh of relief as reprieve may soon
hit home. The U.S. Congress approved a bill that will bring relief to
thousands of homeowners, including South Floridians, who are struggling
with their mortgage payments and are in serious danger of joining the
growing lists of homeowners who have already been forced to foreclose.
The
measure, said to be the largest such housing rescue bill since the
Great Depression of the 1930’s, provides some $300 billion that allow
for homeowners who cannot meet their mortgage payments to refinance
into more affordable government guaranteed loans, to save their homes.
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US legislators call for more scrutiny |
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Saturday, 02 August 2008 |
United States legislators have called for greater scrutiny of Caribbean
and other offshore tax havens after a report claimed that a building in
the Cayman Islands housed more than 18,000 offshore firms.
''We're going to find a way to make a huge dent in this problem,'' said
Senator Max Baucus, the Democratic chairman of the Senate Finance
Committee.
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Miami-Dade schools budget passes |
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Saturday, 02 August 2008 |
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The Miami-Dade School Board finally approved the district’s $5.5
million, by a 5-4 vote following a six hour meeting from Wednesday
evening to early Thursday morning. The approval came after weeks of
hostile meetings.
The new budget has been described by the
school board as a tentative budget, which could appease Miami-Dade
teachers who did not have their promised $72 million raise included
this time around. The board’s Chairman Agustin Barrera said after the
meeting that the approval of the budget approved was just the first
step. He said the final budget hearing is still pending, and there are
still issues to attend to.
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Jamaica Independence Celebration in the Park |
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Saturday, 02 August 2008 |
Reggae veterans Freddy McGregor and Half Pint will headline the Jamaica
Independence Celebration in the Park event at the Cruzan Amphitheater
at the South Florida Fairgrounds on August 3.
Freddie will bring Joy in the Morning with hits like And So I Will Wait
For You, Push Come to Shove, Let Him Try, Just Don’t Wanna Be Lonely
and Joy In The Morning.
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