Monday, April 11, 2011

New 'ghost towns' rise across the U.S.

Empty businesses. (Rick Barrentine/Corbis)  

 The economic downturn is pushing the vacancy rate above 50 percent in some communities.

American Ghost Towns of the 21st Century

There are several counties in America, each with more than 10,000 homes, which have vacancy rates above 55%. The rate is above 60% in several.
Most people who follow unemployment and the housing crisis would expect high vacancy rates in hard-hit states including Nevada, Florida and Arizona. They were among the fastest growing areas from 2000 to 2010. Disaster struck once economic growth ended.
Palm Coast, Fla., Las Vegas and Cape Coral, Fla., were all among the former high fliers. Many large counties which have 20% or higher occupancy rates are in these same regions. Lee County, Fla., Yuma County, Ariz., Mohave County, Ariz., and Osceola, Fla., each had a precipitous drop in home prices and increases in vacancy rates as homebuyers disappeared when the economy went south.
Data from states and large metropolitan areas do not tell the story of how much the real estate disaster has turned certain areas in the country into ghost towns. Some of the affected regions are tourist destinations, but much of that traffic has disappeared as the recession has caused people to sell or desert vacation homes and delay trips for leisure. This makes these areas particularly desolate when tourists are not around.
The future of these areas is grim. Our research showed that many have sharply declining tax bases which have caused budget cuts. Forecasts are calling for the fiscal noose to tighten on them even tighter.
These are the American Ghost Towns of the 21st century. Each has a population of more than 10,000 along with vacancy rates of more than 55%, according to the 2010 U.S. Census.




















1. Lake County, Mich.
Number of homes: 14,966
Vacancy rate: 66%
Population: 11,014
Lake County is located in central Michigan, a few hour's drive from the industrial cities of Flint, Pontiac and Detroit. It is in the heart of the state's fishing district and has been a vacation destination since the early years of the car industry. Many of those second home owners are now gone. This has helped drive nearly 20% of the residents below the poverty level and the median household income to under $27,000 a year.

















2. Vilas County, Wis.
Number of homes: 25,116
Vacancy rate: 62%
Population: 21,919
Vilas County is located at the uppermost part of Wisconsin, near the border of the Northern Peninsula of Michigan. The county is plagued by two things. The first is that it has been a tourist area for Wisconsin residents. The second is that a significant part of the county's economy depends on the logging, forestry and construction industries, each of which struggled during the recession.















3. Summit County, Colo.
Number of homes: 29,842
Vacancy rate: 61%
Population: 26,843
Summit County sits northwest of the Pike National Forest and due west of Denver. The area is near to several major ski resorts. The local paper reports on revenue "The decrease isn't linked to the dramatic dip in assessed property values in Summit County, expected to be near 20 percent lower than in the previous valuation period. Those changes will show up in property tax bills starting in 2011."

















4. Worcester County, Md.
Number of homes: 55,749
Vacancy rate: 60%
Population: 49,274
The Maryland State Department of Assessments and Taxation recently estimated that the county would have a sharp drop in its tax base in fiscal year 2012 and "another, more drastic, revenue decrease" for the fiscal year that follows. The twin engines of county's economy are tourism and agriculture. Experts believe the tourism business in Maryland's Eastern Shore could stay crippled for years.















5. Mono County, Calif.
Number of homes: 13,912
Vacancy rate: 59%
Population: 12,774
Mono County sits near the Sierra Nevada and Yosemite National Parks. Ironically, Bodie, the official state gold rush ghost town, is in Mono County. Finance Director Brian Muir recently said he expected another property drop in property tax receipts. Like most of the other counties on this list, tourism is a major source of revenue for its economy.















6. Dare County, N.C.
Number of homes: 33,492
Vacancy rate: 57%
Population: 95,828
Dare County includes the northern-most parts of North Carolina's Outer Banks. The situation in the vacation area is so severe that the "Outer Banks Voice" recently wrote, "If Dare County Manager Bobby Outten was intending to sound an alarm by suggesting that the EMS helicopter and school nurses were expendable in the next budget, he probably succeeded." His comments are unlikely to be terribly different from those of other executives of counties on the list. Vacant homes and homes which lose double-digit amounts of their value each year irreparably undermine the tax base. And, as services fall, fewer potential homeowners will consider investing in the area.

















7. Dukes County, Mass.
Number of homes: 17,188
Vacancy rate: 57%
Population: 15,527
Dukes County encompasses the island of Martha's Vineyard in Massachusetts. The enemy of the local budget is, as is true for most of the counties on this list, falling property values. Vacationers still flock to the resort island in the summer as do seasonal workers. The county is close to deserted when the weather turns cold.


















 8. Sawyer County, Wis.
Number of homes: 15,975
Vacancy rate: 56%
Population: 17,117
The Sawyer County website has a link, prominently placed on the homepage, which goes to a list of foreclosed homes for sales by the sheriff's department. There are not many new homebuyers. The number of people who live in the county was flat from 2000 to 2010. The Hayward Community School District, located in Sawyer, will probably close one of its elementary schools. Sawyer is a fishing and biking destination, and has suffered from a drop in travelers from the southern part of the state.


















9. Burnett County, Wis.
Number of homes: 15,278
Vacancy rate: 55%
Population: 16,196
Burnett County is at the western most part of Wisconsin near Minneapolis. The county's population fell from 2000 to 2010. County Administrator Candace Fitzgerald recently said that proposed budget cuts "could prove to be devastating and very hard to recover from." The county's attractiveness as a tourist destination has faltered. Home values have fallen for three consecutive years. Cuts in the Wisconsin State budget will lower state aid. People are more likely to default and abandon vacation homes than their primary residences. This has probably been an important reason vacancy rates in rural tourist areas in Wisconsin are so high.















10. Aitkin County, Minn.
Number of homes: 16,029
Vacancy rate: 54%
Population: 15,736
Aitkin County offers visitors two seasons for recreation. The first is in the summer when fishing is popular. The second is winter when snowmobilers come north. Aitkin is the last of the counties on the 24/7 Wall St. list demonstrating that rural regions which rely on tourists are especially exposed to economic hardship in a recession. They may take longer to recover than some industrialized cities do.

 News Source: YAHOO

 

New oil source under Utah ignites debate

File photo of open pit mines just north of Fort McMurray in Alberta, Canada (AP/Canadian Press, Eamon Mac Mahon)  

 A push to tap into 12 to 19 billion barrels of "unconventional" U.S. petroleum has critics alarmed.

Debate stirred over 1st major US tar sands mine

SALT LAKE CITY – Beneath the lush, green hills of eastern Utah's Uinta Basin, where elk, bear and bison outnumber people, the soil is saturated with a sticky tar that may soon provide a new domestic source of petroleum for the United States. It would be a first-of-its kind project in the country that some fear could be a slippery slope toward widespread wilderness destruction.
With crude prices surging beyond $100 a barrel, and politicians preaching the need to reduce America's reliance on foreign supplies, companies are now looking for more local sources. One Canadian firm says it's found it in the tar sands of Utah's Book Cliffs.
Alberta-based Earth Energy Resources Inc. aims to start with a roughly 62-acre mine here to produce bitumen, a tar-like form of petroleum, from oil-soaked sands. For decades, other Utah operators have used oil sands as a poor-man's asphalt, and Canada has been wringing oil from the ground for years, but nobody has yet tried to produce petroleum from U.S. soil on such a scale.
And it could be just the beginning. The company has over 7,800 acres of Utah state land under lease, with plans to acquire more, and estimates its current holdings contain more than 250 million barrels of recoverable oil.
"This is not just a 62-acre project that will last seven years. We are looking at a 30,000-acre project that will destroy the environment in this area over many years," said John Weisheit, a Colorado River guide and founder of the Moab, Utah-based environmental group Living Rivers.
Weisheit worries that shortsightedness and the rush to feed America's insatiable appetite for oil could trump reason at the expense of other precious natural resources.
The Bureau of Land Management says Utah has an estimated 12 to 19 billion barrels of oil buried in its tar sands, mostly in the eastern part of the state, though not all of that would be accessible.
Weisheit says if Earth Energy is allowed to mine the land, he fears others may not be far behind.
"We used hear that it's not lucrative to extract oil from tar sands unless oil prices were above $60 barrel," he said. "But now that prices have risen, we're definitely seeing companies take advantage of the situation."
Living Rivers is challenging this project's approval and contends it would dig up fragile topsoil, destroy limestone plateaus formed over thousands of years and pollute groundwater downstream that flows into the Colorado River. The group claims the Utah Division of Water Quality didn't accurately assess the potential for widespread environmental damage from the PR Springs mine. A hearing is set for May 25.

Jim Carrey debuts a wild haircut

Jim Carrey (Jim Spellman/WireImage.com)   

The 49-year-old actor posts a photo of himself with a striking new mohawk.

Jim Carrey Debuts Rocking New Haircut

Story photo: Jim Carrey Debuts Rocking New Haircut 
 
Jim Carrey | Photo Credits: Charles Eshelman/FilmMagic.com; courtesy Jim CarreyTV Guide
Jim Carrey is showing his rocker side with a new Mohawk haircut.

'The most dangerous thing you'll do all day'

Photo by Thinkstock  

A very common practice can raise heart attack risk by a staggering 54 percent.

The Most Dangerous Thing You'll Do All Day

We stand around a lot here at Men’s Health. In fact, a few of us don’t even have office chairs. Instead, we write, edit, and answer e-mails—a lot of e-mails—while standing in front of our computers. All day long. Why?

It all started last summer, when Assistant Editor Maria Masters came across a shocking study in the Medicine & Science in Sports & Exercise (one of dozens of research journals we comb each month as we put together the magazine). Scientists at the Pennington Biomedical Research Center in Louisiana analyzed the lifestyles of more than 17,000 men and women over about 13 years, and found that people who sit for most of the day are 54 percent more likely to die of heart attacks.

That’s right—I said 54 percent!

Masters immediately called the lead researcher at Pennington, a professor named Peter Katzmarzyk. Turns out, this wasn’t the first study to link sitting and heart disease. Similar research actually dates back to 1953, when British researchers found that (sitting) bus drivers were twice as likely to die of heart attacks as (standing) trolley operators.

Here’s the most surprising part: “We see it in people who smoke and people who don’t,” Katzmarzyk told Masters. “We see it in people who are regular exercisers and those who aren’t. Sitting is an independent risk factor.”

In other words, it doesn’t matter how much you exercise or how well you eat. If you sit most of the day, your risk of leaving this world clutching your chest—whether you’re a man or women—as much as doubles.
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This raised a rather obvious question: Why? Truth is, the researchers aren’t sure. But Marc Hamilton, Ph.D., one of Katzmarkzyk’s colleagues, suspects it has to do with an enzyme called lipoprotein lipase (LPL), which breaks down fat in the bloodstream and turns it into energy. Hamilton found that standing rats have ten times more of the stuff coursing through their bodies than laying rats. It doesn’t matter how fit the rats are; when they leave their feet, their LPL levels plummet. Hamilton believes the same happens in humans.

Still sitting? Then you should know that your office chair also:

1. Screws up your posture. The fascia, the tissue that connects individual muscles into a full-body network, begins to set when you stay in one position for too long, says Men’s Health advisor Bill Hartman, P.T., C.S.C.S., a physical therapist in Indianapolis. If you’re hunched over a keyboard all day, this eventually becomes your normal posture.

2. Makes you fatter. This happens for two reasons. First, you burn 60 more calories an hour when standing versus sitting. But more importantly, says Hartman, when you spend too much time sitting, your largest muscle group—the glutes (a.k.a. your butt)—become lazy and quit firing. This is called gluteal amnesia. And it means you burn fewer calories.

3. Causes lower back pain. Weak glutes push your pelvis forward, putting stress on the spine, says Hartman. Here’s the other unseemly thing that happens when your pelvis tilts forward: Your belly protrudes, making you look 5 months pregnant.
Bonus Tip: For more strategies that will keep you fit and healthy for life, check out The Best Fitness Tips Ever!
So what’s a desk-bound worker to do? First, Hamilton suggests you change how you think about fitness. We have a tendency to segment our lives—work, home, and downtime. Exercise falls into the last category, something we squeeze into our busy schedules when possible. But if you stop thinking about exercise as an activity, and instead think of it as a lifestyle, it’s easier to make healthy choices throughout the day.

Ivory Coast ruler captured in showdown

In this image made from television, Laurent Gbagbo is seen after his arrest, at the Golf Hotel in Abidjan, Ivory Coast, Monday, April 11, 2011. (AP Photo/TCI via APTN)  

Troops loyal to the new president storm the bunker of defiant strongman Laurent Gbagbo.

Forces capture Ivory Coast strongman in bunker

 ABIDJAN, Ivory Coast – Forces loyal to Ivory Coast's elected president ended the 10-year rule of strongman Laurent Gbagbo on Monday, storming the bunker where he had holed up and putting him under arrest following a crisis that left hundreds dead and threatened to re-ignite a civil war.

Gbagbo's dramatic arrest came after days of heavy fighting during which French and U.N. helicopters fired rockets at his presidential residence. Forces backing the internationally recognized winner Alassane Ouattara had begun a rapid offensive to oust Gbagbo late last month.

Issard Soumahro, a pro-Ouattara fighter at the scene, told The Associated Press that the ground offensive to seize Gbagbo came after the French launched airstrikes until at least 3 a.m. Monday.

"We attacked and forced in a part of the bunker. He was there with his wife and his son," Soumahro said.

He added that Gbagbo was tired and had been slapped by a soldier, but was not otherwise hurt.

Gbagbo was interrogated and brought to the Golf Hotel, where Ouattara has been trying to run his presidency since the Nov. 28 vote. Officials were waiting for him to sign a document that formally hands power over to Ouattara, Soumahro said. TV footage from the Golf Hotel showed Gbagbo in a white sleeveless undershirt, and then donning a colorful print shirt.

"The nightmare is over for the people of Ivory Coast," Ivory Coast's U.N. ambassador said.

Youssoufou Bamba, who was appointed U.N. ambassador by Ouattara, said Gbagbo will face justice. He predicted that fighting that has wracked this former French colony will stop as soon as pro-Gbagbo forces learn of his capture.

But it will be very difficult for Ivory Coast to mount a domestic court to try Gbagbo, said Richard Downie, an Africa expert at the Washington-based Center for Strategic and International Studies, adding that it would "probably be a lightning rod for more unrest."

"(Ouattara) didn't want to come to power this way, through the barrel of a gun," Downie said. "He was elected fairly and freely. But this is the situation he was dealt. It's going to be incredibly difficult for him to bring the country together."

In western Ivory Coast, rebels fired into the air in jubilation in Duekoue, causing a panic among refugees who fled in all directions or dropped to the ground in terror. In villages going east from Duekoue people danced in the streets, waving tree branches. In one village, young men paraded with the orange, white and green Ivorian flag.

"It's a victory ... considering all the evil that Laurent Gbagbo inflicted on Ivory Coast," Ouattara's ambassador to France, Ali Coulibaly, told France-Info radio. He emphasized that the man in power for a decade would be "treated with humanity."

"We must not in any way make a royal gift to Laurent Gbagbo in making him a martyr," Coulibaly said. "He must be alive and he must answer for the crimes against humanity that he committed."

Some critics had accused Gbagbo of clinging to power in part to avoid prosecution by the International Criminal Court. ICC prosecutor Luis Moreno-Ocampo has begun preliminary examination of possible war crimes and crimes against humanity in Ivory Coast, including accusations leveled against forces seeking to install Ouattara.

Ivory Coast was divided into a rebel-controlled north and a loyalist south by a 2002-2003 civil war. The country was officially reunited in a 2007 peace deal. The long-delayed presidential election was intended to help reunify the nation but instead unleashed months of violence.

Gbagbo, who won 46 percent of the vote, held power for a decade and already had overstayed his mandate by five years when the November election took place. When the country's election commission and international observers declared he lost the election after it was finally held, he refused to step down.

The former history professor defied near-universal pressure to cede power to Ouattara. The two set up parallel administrations that vied for control of the West African economic powerhouse.

Secretary of State Hillary Rodham Clinton said that dictators should take notice that "they may not disregard the voice of their own people in free and fair elections." She added that "there will be consequences for those who cling to power."

Ouattara drew his support from the U.N. and world powers. Gbagbo maintained his hold over the country's military and security forces who terrorized his opponents.