When Jerry Buss bought the Lakers in 1979, he wanted to build a championship team. But that wasn´t all. The new owner gave courtside seats to movie stars. He hired pretty women to dance during timeouts. He spent freely on big stars and encouraged a fast-paced, exuberant style of play. As the Lakers sprinted to one NBA title after another, Buss cut an audacious figure in the stands, an aging playboy in blue jeans, often with a younger woman by his side. "I really tried to create a Laker image, a distinct identity," he once said."I think we´ve been successful. Headline resplit to reduce lines
This is an American success story, well worth a read. Should be required reading for all the 99% who were running around Occupying things and creating chaos. And those who believe the American Dream is about welfare and government subsidization, cradle to grave.
More than a real estate mogul and sports franchise owner, he was a self made man whose first career was as a doctor of physical chemistry, working on the development of rocket fuel.
He was a remarkable man. At one point in his rise in real estate he bought Pickfair, the palatial estate built by husband/wife Mary Pickford and Douglas Fairbanks. For reasons I never learned, since I did not know Dr Buss, I was invited to a party there. I attended, met Dr Buss who was clad in his trademark blue jeans, met a lot of celebrities, including some Laker players, then never heard from any of them again. That night I was way out of my league,but I enjoyed it immensely.
Most people on finding out that they´ve become rich beyond their wildest dreams would immediately splash out on a selfish purchase - a yacht, a mansion, maybe even a private island. But when Reggie Theus discovered he had become a trillionaire thanks to a bank error, he decided to make life easy for his fellow Americans, and offered to pay of the national debt. Sadly for the country, the bank realised its mistake, and soon took away the East Texan´s $4,000,000,000,000 - dashing the States´ hope of an easy fix for their financial crisis. Mr Theus, a restaurant manager,
A high school student who grabbed a National Rifle Assn. T-shirt in her hurry to find something to wear to school was confronted by campus officials who forced the student to remove her shirt or face disciplinary action , the girl´s parents said. Haley Bullwinkle complied with the demand, took off the white T-shirt in the health office and put on a school shirt that officials at Canyon High in Anaheim gave her, but came home confused and frightened, said the girl´s father, who said he received the shirt when he joined the NRA. "I felt like they were violating
Robert Rizzo, the central figure in the scandal that made the working-class city of Bell a national symbol for government graft, effectively admitted for the first time Thursday his role in the corruption scheme. On the eve of his trial, Rizzo made a surprise appearance in a downtown Los Angeles courtroom and pleaded no contest to 69 felony charges of misappropriating public funds, hiding and falsifying records, perjury and other crimes. Prosecutors said Rizzo, Bell´s former city administrator, would be sentenced to 10 to 12 years in prison. His attorney said Rizzo would probably be required to pay between $1
President Obama has canceled his long-planned trip to Southeast Asia because of the government shutdown, White House spokesman Jay Carney said Thursday night. The president was scheduled to leave Saturday to attend the Asia-Pacific Economic Cooperation summit in Indonesia and the East Asia Summit in Brunei. "The cancellation of this trip is another consequence of the House Republicans forcing a shutdown of the government," Carney said. "This completely avoidable shutdown is setting back our ability to create jobs through promotion of U.S. exports and advance U.S. leadership and interests in the largest emerging region in the world."
The world´s population will rise to 9.7 billion in 2050 from the current level of 7.1 billion and India will overtake China as the world´s most populous nation, a French study said Wednesday. A bi-annual report by the French Institute of Demographic Studies (Ined) projected there would be 10 to 11 billion people on the planet by the end of the century. The projections ran parallel to forecasts by the United Nations, the World Bank and other prominent national institutes. A UN study in June said the global population would swell to 9.6 billion in 2050 and the number of
Fairfield — Explosive devices, more than 250 guns and tens of thousands of rounds of ammunition were found at a Bronson Road house, and authorities closed off the street through Wednesday. The explosive devices have been removed and detonated, and no one was injured, but potentially dangerous substances remain in the house and must be removed by professionals, police and fire officials said at a press conference Wednesday morning. (Snip) Police inventoried and seized 274 firearms from the home on Wednesday, said Deputy Chief of police Chris Lyddy. A man in his 60s lives at the house,
A top State Department official on Thursday asked Congress to delay new sanctions on Iran until nuclear negotiators meet in mid-October. The House passed new sanctions legislation in July, and the Senate Banking Committee is working on similar legislation. But the Obama administration wants lawmakers to hold off on those bills until it can see if any progress is made in talks between Iran and six major nations, including the United States, Oct. 15 and 16 in Geneva. Wendy Sherman, State´s undersecretary for political affairs, said the legislation could be used as leverage in the talks.
A stranger screamed at and grabbed U.S. Rep. Sean Duffy, who has been a vocal advocate for delaying the rollout of the federal health care law, as he walked to the Capitol to vote on legislation, his office said Thursday. He wasn´t harmed. (Snip) A professional lumberjack who appeared on MTV´s "The Real World" in the 1990s, Duffy voted for legislation that would have avoided a government shutdown but halted the implementation of the federal health care law. When some GOP leaders appeared resigned to the law going into effect, Duffy tweeted that they "refuse to fight. Wave white flag
Washington - In his latest warning about Iran´s nuclear ambitions, Israeli Prime Minister Benjamin Netanyahu said on Thursday that Iran was working on intercontinental ballistic missiles that could one day hit the United States. "They´re not developing those ICBMs for us. They can reach us with what they have. It´s for you," he told CBS News. "The American intelligence knows as well as we do that Iran is developing ICBMs not to reach Israel. They want to reach well beyond," he said on the network´s "This Morning" program. The United States and other Western powers have shown an increased interest
It´s official. The government will not release its key monthly jobs report as originally scheduled Friday, the Department of Labor confirmed Thursday. Citing a "lapse in funding" amid the government shutdown, Department of Labor spokesman Stephan Barr said the report has not yet been rescheduled for release at a later date. The only other time the jobs report was delayed was in the previous government shutdown in January 1996, when it was released two weeks late. Since the recession, the report has become the most closely watched indicator on the economy, with the first Friday of each month often being
US President Barack Obama and Russian leader Vladimir Putin may discuss Syria on the sidelines of a regional summit in Bali next week, a top Kremlin official said Thursday. Although Obama is yet to confirm his attendance at the October 7 Asia-Pacific Economic Cooperation (APEC) meeting because of a budget crisis back home, Putin´s foreign policy adviser said both Moscow and Washington were getting ready for the talks. "The two sides are currently working on organising such a meeting, and we think that the meeting will take place," Russian news agencies quoted Yury Ushakov as saying. "It was a (Russian)
Argentina is investing heavily in shale oil, hoping to ride it to energy self-sufficiency and end dependence on imports that cost billions of dollars each year. Argentina is a pioneer in shale oil exploration and now the third biggest producer of it after China and the United States, according to US figures. (Snip) An Argentine-Chinese group called Bridas announced Wednesday it will invest $500 million to explore for shale oil in Vaca Muerta. All this is music to the ears of the Argentine government. The country spent more than $11 billion on oil imports in 2011, and the total is
Tom Hanks is already declaring his presidential pick for 2016, there’s just one, small problem: a little thing called term limits. The star of “Captain Phillips,” told ITK at the soon-to-be-released film’s Wednesday premiere at the Newseum in Washington, “I’m voting for Barack Obama — 2016.” A laughing Hanks, who supported Obama during his 2008 White House bid, added, “Yes, I am! Four more years.” The Academy Award winner, 57, plays Captain Richard Phillips in the flick, based on the seaman’s book on the real-life 2009 hijacking of his cargo ship by Somali pirates. Hanks told ITK it was an
In case there´s any doubt as to who´s to blame for this outrage, a spokesman for National Park Service said the White House Office of Management and Budget ordered up the blockades.Even Bill Clinton didn´t have the audacity to try such a thing during the 1995 government shutdown.As the AP reported at the time, "tourists were free to wander the halls of the Capitol, touch the walls of the Vietnam Memorial and climb the steps of the Lincoln Memorial to read the Gettysburg Address — those and other similar sites don´t require supervision of federal employees." This isn´t the first time
President Obama told CNBC’s John Harwood that while he’s been president, he’s “bent over backwards to work with the Republican party.” Obama boasted: During the course of my presidency, I have bent over backwards to work with the Republican party. I think I’m pretty well known for being a calm guy. Sometimes people think I’m too calm. And am I exasperated? Absolutely, I’m exasperated. Because this is entirely unnecessary. I am exasperated with the idea that, unless I say that, ‘Twenty million people, you can’t have health insurance,’ these folks will not reopen the government. That is irresponsible. The President asserted that he’s
More than a dozen House Republicans who want to drop attempts to undermine the health-care law and reopen the government are meeting among themselves and with House Speaker John Boehner -- and he’s listening. For the past few weeks, Boehner’s hand has been guided by a group of Tea Party-aligned Republican House members who’ve urged little compromise in their three-year drive to undo the 2010 Affordable Care Act, also known as Obamacare. Now, the agitation is coming from the other side of the caucus. A bipartisan group of about 40 House lawmakers are holding private talks to find a compromise
Despite an emergency meeting at the White House, congressional leaders reported no progress late Wednesday on trying to reach a budget deal -- while over on Capitol Hill, tempers were flaring and lawmakers were melting down on the floor of the House. The top four congressional leaders took a stab, during an hour-long White House meeting, at negotiating with President Obama over the impasse. There was no breakthrough. House Speaker John Boehner emerged saying he had a "nice, polite conversation" but complaining that Obama would not budge off his demand that Congress pass a straight budget bill -- one that does not
Because Barack Obama was elected on a campaign promise of “fundamentally transforming” the United States, and because our nation then proceeded to lose much of its international influence and domestic economic dynamism, it is easy to say “this is intentional. It’s just what he wants.” Yet while Obama might, in his heart of hearts, not bemoan the loss of jobs and economic growth at home, and American power and prestige abroad, ascribing it to an intentional effort gives Obama credit for qualities and skills he does not possess. Neocon David Horowitz entitled a recent fundraising letter for his Freedom Center “Urgent: Is
The bizarre attack at the White House and Capitol today was reportedly perpetrated by a 34-year-old dental hygienist licensed in Connecticut. Miriam Carey, who was killed by law enforcement after ramming White House barricades and fleeing to the Capitol, had a toddler in the car with her, according to New York Post reporting: Sources said Miriam Carey, who formerly lived in Brooklyn, was licensed to practice in New York and Connecticut and had a permit to work as a hygienist in Connecticut prisons. At least a dozen gunshots were fired when she tried to flee cops, who had trapped her two blocks
On Tuesday morning, seven National Park Service employees were seen erecting and tending to a barricade around the World War II memorial in Washington, D.C. One NPS employee was operating a forklift. There usually aren´t any NPS employees working at the World War II memorial. A couple hours later, when an Honor Flight of World War II veterans arrived, accompanied by Democratic and Republican members of Congress, the fences blocking the memorial were easily moved away, allowing the veterans to enter. But the barriers are still at the memorial, and they´ve been reinforced. This morning, I walked by the memorial and noticed
The shutdown battle has become, essentially, a high-stakes blame game.(snip)But in a note to clients, Potomac Research Group´s Greg Valliere says that President Obama still has one "trump card" of his own left to play, Social Security: THE HEAVY ARTILLERY: We have thought for weeks that Obama would play the Social Security trump card if there was no deal on the debt ceiling by mid-October. This is one of several reasons why we think a default is unlikely, and it´s one of several reasons why Boehner will capitulate; the only questions are when and under what terms. We think he may
Ted Cruz faced a barrage of hostile questions Wednesday from angry GOP senators, who lashed the Texas tea party freshman for helping prompt a government shutdown crisis without a strategy to end it. At a closed-door lunch meeting in the Senate’s Mansfield Room, Republican after Republican pressed Cruz to explain how he would propose to end the bitter budget impasse with Democrats, according to senators who attended the meeting. A defensive Cruz had no clear plan to force an end to the shutdown — or explain how he would defund Obamacare, as he has demanded all along, sources said. Things
The revisions downward begin. Yesterday, Obamacare exchanges were melting down because of the intense interest in signing up. All the citizens were flooding the gates for all the insurance! Why, in California there were 5 million visitors. No technologist could prepare for such an onslaught. Here’s what really happened: California’s health insurance exchange vastly overstated the number of online hits it received Tuesday during the rollout of Obamacare. State officials said the Covered California website got 645,000 hits during the first day of enrollment, far fewer than the 5 million it reported Tuesday. The state exchange had cited the 5 million figure as a
Conservative talker Mark Levin has a stern warning for President Barack Obama and his administration: Don’t mess with the World War II veterans. Levin, author of “The Liberty Amendments: Restoring the American Republic,” told his audience on his Wednesday radio show should there be any action taken against those veterans for visiting the World War II Memorial on the National Mall, even with the government shutdown, he would bring 500,000 people to march on the Washington, D.C. in response. “I want to tell you folks something — I want to say this loud and clear to the people