Wednesday, December 8, 2010

7-towns-where-land-is-free: Personal Finance News from Yahoo! Finance

As small towns suffer from a continuing flight from rural toward-more urban living, some economic development groups and governments in these troubled areas have chosen to stay and fight.

More from CNBC.com:

Towns Where Land Is Free

Ghost Towns Seeing Signs of Life

Homes of the Future: Smaller Than You Think

The Homestead Act of 1862 is no longer in effect, but free land is still available out there in the great wide open (often literally in the great wide open). In fact, the town of Beatrice, Nebraska has even enacted a Homestead Act of 2010.

[Click here to check home equity rates in your area.]

As with the homesteaders of the 1800s, the new pioneers must not be the faint of heart—they can't be the type to shy away from the trials of building a home from the ground up, or the lack of Starbucks on every corner, or unpaved roads (extremely remote location and lack of infrastructure is probably what caused a well-publicized land giveaway in Anderson, Ark. to flop). If the Google Maps overhead view of the vast open space surrounding the modest street grids of these towns doesn't instill cabin fever, then read on—these parcels are up for land grabs.

Marne, Iowa


marneiowa.com

Marne is a southwestern Iowa community with a population of just 149 or so, about 60 miles from Omaha and 80 miles from Des Moines. It was never a big town (pop. 617 in 1875), but the head count really began declining around the turn of last century, through the teens and 20s. "The decline of the family farm affects rural areas like this, says Mayor Randy Baxter. "Back in the '60s and '70s, there more smaller farms, and small towns supported the folks in the country, but now those homes aren't there anymore."

In hopes of boosting that number, the Marne Housing and Development Corp has made four free lots available: 3 for private and 1 for commercial use. The first family to take advantage of the free land moved onto their new property the fall of 2008, also availing funds from the USDA's Rural Development Agency for building their home, and they qualified for $10,000 down payment assistance from the Southwest Iowa Planning Council.

To take advantage of the free land in Marne, applicants need only to submit a proposed floor plan for the house they want to build. It's not restrictive, but Baxter notes that it must be within reason-- no trailer homes, no horses or livestock. Among the unreasonable proposals for the land: "They want to bring a camper in hogs, or store junk there."

New Richland, Minn.


cityofnewrichlandmn.com

New Richland is a town of about 1200 in southern Minnesota, 75 miles from the outskirts of the Twin Cities, offering lake recreation and many fine churches. If this sounds like home, then consider a free 86' x 133' lot on the Homestake subdivision on the northwest side of town. Those who claim lots must build a house on the property within one year.

The land itself is free, but assessments for services provided by the town such as streets, curb and gutter, water and sewer. The fee for these is about $25,000, which suddenly sounds a lot less like "free," but through Tax Increment Financing this number is reduced to about $14,000 for qualified candidates, which is paid over 15 years on a semi-annual basis along with real estate taxes.

[See 15 Things You Shouldn't Be Paying For]

Kansas


rookscounty.net

Kansas has so much free land offered throughout the state by local Kansan governments and development groups that there's an online hub to organize all the information, the appropriately named Kansas Free Land.

"Most rural areas in Kansas have been declining in population since 1900, so rural Kansas communities either fight or disappear," says Jenny Russell, Republic County Economic Development Coordinator for Republic County in northern Kansas.

Her county has opted to fight. Republic County has a free land option available for the right industry and free residential lots throughout its communities for new home construction. Russell cites the area's rural advantages: very low overhead costs compared to cities, and "With developing technologies, businesses are now able to conduct their operations from almost anywhere."

Kansas Free Land links to more than a dozen communities, from Herndon, population 124, to Wilson, population 9698, each with their own offers and requirements.

Beatrice, Neb.


beatrice.ne.gov

One city in southeastern Nebraska that reaped the benefits of the original Homesteading Act of 1862 has created a new version of what worked so well before. The Homestead Act of 2010 offers several parcels of land for free on a first-come, first-served basis. As with the original act, applicants must occupy their parcels of land for five years.

With a population of about 12,564 and situated just 40 miles south of Lincoln (via the Homestead Expressway) and 99 miles from Omaha, Beatrice is one of the most populous and more accessible locations on this list. In this case, the aim is not to stave off the death of a town with a dwindling population, but to clean up neglected properties and get them to generate taxes and utility fees once again.

[See 10 Things Not to Buy in 2010]

Muskegon, Mich.


woodtv.com

Hoping to attract industrial employers, the city and county of Muskegon, Michigan, (pop. 174,344) launched Muskegon 25 .Under this program, companies that will bring in 25 full-time jobs or more will be granted industrial park property for building, complete with all services, gratis. In addition, the industrial parks are situated in low tax "Renaissance Zones."

Muskegon Area First is hoping to attract food processing industry, other suppliers for local industries, and alternative energy providers. New or existing companies creating 25 jobs are allotted five acres, 50 jobs get 12 acres, 75 jobs get 20 acres, and 100 or more jobs get 20 acres. The program also provides discounts at rates proportionate to the amount of jobs created. The 25-job companies are entitled to 50% off water and sewer bills, and the discounts increase from there, down to 20% of the full rate.

State business credits and other tax incentives are also available. To sweeten the deal further, the city will even throw in tickets to Lumberjacks hockey season tickets or a local boat slip to qualified participating companies.

Curtis, Neb.


curtis-ne.com

Curtis is known as Nebraska's Easter City due to its famed 40-year-old Easter Pageant tradition. This 3.266-square-kilometer community of approximately 832 persons in southern Nebraska's Medicine Valley has the Nebraska College of Technical Agriculture and an airport three minutes away.

Sound good? All righty, then: Curtis offers two options for free-land claimers. Consolidated Companies, Inc. created Roll'n Hills lots to boost the local economy by providing free sites on paved streets with all utilities for single-family homes. Three of those lots now have occupied homes, says Ed Coles of Consolidated, and nine remain.

Additional free lots are available through the city of Curtis that overlook the all-grass nine-hole Arrowhead Meadows Golf Course, which is one of the best public courses in the state—at least according to Medicine Valley's economic development website.

Camden, Maine


freelandinmaine.org

Camden is the coastal exception in this otherwise-landlocked list of free land locales. The charming New England berg of about 4,052 citizens is offering 3.5 acres of land near Camden Harbor for a business that will create at least 24 jobs .The former industrial site on the Megunticook River, refurbished by the Town of Camden, comes equipped with 3 Phase Power, Sewer, Water, Cable, Broadband, and parking is available for up to 300.

Clearly, this is a prime deal for the right company. The Town of Camden is hoping for a company from industries such as biotech, information technology, financial services, medical labs, film, or green businesses. In fact, those last two listed industries are encouraged, as creative economy employers are encouraged and environmentally friendly businesses are given preference in this search.

Well, I guess there is always free land......in Iowa or Kansas. Too bad there's no land giveaway in Alaska.

Tuesday, December 7, 2010

Study finds daily aspirin cuts many cancer risks - Yahoo! Finance

On Tuesday December 7, 2010, 3:27 am EST

By Kate Kelland, Health and Science Correspondent

LONDON (Reuters) - Taking low doses of aspirin can reduce the risk of many kinds of cancer, scientists said on Tuesday, and the evidence is strong enough to suggest people over 40 should take it daily as protection.

The findings will fuel an already intense debate about the merits of taking aspirin, which increases the risk of bleeding in the stomach to around one patient in every thousand per year.

In a study of eight trials involving 25,570 patients, researchers found that cancer deaths among those who took aspirin in doses as low as 75 milligrams a day were 21 percent lower during the studies and 34 percent lower after five years.

Aspirin protected people against gastrointestinal cancers the most, the study found, with rates of death from these cancers around 54 percent lower after five years among those who took aspirin compared to those who did not.

Peter Rothwell of Britain's Oxford University said that while taking aspirin carries a small risk of stomach bleeding, that risk was beginning to be "drowned out" by its benefits in reducing the risk of cancer and the risk of heart attacks.

"Previous guidelines have rightly cautioned that in healthy middle-aged people the small risk of bleeding on aspirin partly offsets the benefit from prevention of strokes and heart attacks, but the reductions in deaths due to several common cancers will now alter this balance for many people," he said.

His suggestion was that healthy people could start taking a small 75 mg dose of aspirin every day from the age of about 40 or 45 and continue doing so until they reached around 70 to 75, when the risk of the aspirin causing stomach bleeding rises.

"REMARKABLE DRUG"

Aspirin, originally developed by Bayer, is a cheap over-the-counter drug used for pain and to reduce fever.

Previous studies have found taking aspirin can cut the risk of developing colon or bowel cancer and suggested it does so by blocking the enzyme cyclooxygenase2 which promotes inflammation and cell division and is found in high levels in tumors.

Alastair Watson, professor of translational medicine at the University of East Anglia, said the study was an important step in scientists' understanding of how to prevent cancer.

"It is further proof that aspirin is, by a long way, the most amazing drug in the world," he said.

In Rothwell's study, published in The Lancet, researchers found the 20-year risk of death was reduced by about 10 percent for prostate cancer, 30 percent for lung cancer, 40 percent for colorectal or bowel cancer and 60 percent for oesophageal cancer in those taking aspirin.

Reductions in pancreas, stomach and brain cancers were difficult to quantify because of smaller numbers of deaths.

The researchers added, however, that treatment with aspirin during the trials lasted for only for between four and eight years on average, so the effects on risk of deaths due to cancer may underestimate possible results of longer-term treatment.

Peter Elwood, an expert on aspirin from Cardiff University's medical school who was not involved in this study, described aspirin as "a remarkable drug."

"This risk of a bleed is so small compared to the benefits," he told reporters. "Yes, okay, it's a tragedy if a person is rushed into hospital and given a transfusion (because of a stomach bleed) but in relation to the things we are preventing, that is trivial."

(Editing by Matthew Jones)

Wow- Who knew that the humble aspirin was a miracle drug? It will be interesting to see more research on this and where it goes. I like the odds of reducing my cancer risk in half by taking an aspirin a day. That would be easy

Monday, December 6, 2010

Baby Monkey (Going Backwards On A Pig) - Parry Gripp

This has no social or economic value whatsoever. It's just funny. Nothing more, nothing less, it's just funny to me. So, enjoy something stupid but funny.

Sunday, December 5, 2010

Santo visitation details announced - Chicago Cubs Blog - ESPN Chicago

Visitation for Ron Santo will be at Holy Name Cathedral -- 735 N. State St., Chicago -- on Thurs., Dec. 9 at 4 p.m.

Funeral service will be Fri., Dec. 10 at 10 a.m.

There will be limited public seating.

In lieu of flowers, donations can be made to the Juvenile Diabetes Research Foundation, by visiting www.jdrfillinois.org and clicking on "Donate Now" or by calling 312-670-0313.

Rest in Peace Ronnie. We won't forget you. You are and always will be the measuring stick by which all Cub fans will be measured. I just wish you could have stood on the podium at Cooperstown like you deserved.

Friday, December 3, 2010

Mortgage News Daily

Check out this website I found at mortgagenewsdaily.com

I am shopping for a new mortgage and my banker turned me on to this site for rate news.

Ron Santo, Chicago Cubs broadcaster, dies at 70, report says - ESPN Chicago

Ron Santo, a legend in Chicago as a former Cubs third baseman-turned-wildly popular announcer, died Thursday in Arizona, the Chicago Tribune reports. He was 70.

Friends of the family told the newspaper that Santo died after falling into a coma on Wednesday. Santo struggled with diabetes throughout his life and lost both of his legs to amputation.

Santo was expected to work the coming season as an analyst for the Cubs flagship radio broadcast on WGN-AM 720.

He played for the Cubs from 1960-73 before finishing his career with the White Sox in 1974. He became a Cubs broadcaster in 1990.

Santo was the quintessential Cubs fan and made no apologies for his on-air cheerleading or his utter frustration over a Cub's misplay.

Santo never witnessed his longtime goal of election to the Baseball Hall of Fame despite career numbers that mark him as one of baseball's all-time great third basemen. He finished with a .277 average over 15 major league seasons, with 342 home runs and 1,331 RBIs.

Santo was up for the Hall of Fame on 19 occasions, and first appeared on the Veterans Committee ballot in 2003.

Though Santo came close to Cooperstown enshrinement in the last decade in voting by the Veterans Committee, he always fell short. In 2007, Santo received 39 of the 48 votes necessary to reach the 75 percent threshold of the living 64 Hall of Famers to cast a ballot. His 61 percent led all candidates and no one was elected to the Hall.

It was the fourth straight time the Veterans Committee had failed to elect a member, leaving Santo frustrated.

"I thought it was going to be harder to deal with, but it wasn't," he said that day. "I'm just kind of fed up with it. I figure, 'Hey, it's not in the cards.' But I don't want to go through this every two years. It's ridiculous."

Santo was consistent that he did not want to make a posthumous entrance into the Hall of Fame. After being denied so many times, he was resigned to what is now the only possibility.

"(Induction) wasn't going to change my life," he said. "I'm OK. But I know I've earned it."

This is the saddest of days for a Cubs fan. I can't tell you how much i will miss Ronny's call from the booth. Rest in Peace, friend.

Wednesday, December 1, 2010

Google's Gambit for Groupon Raises Concerns - Yahoo! Finance

Google's $6 billion bid for Groupon, an online coupon start-up, is an aggressive move by the company to dominate local online advertising and help with its long-sought move into social networking.

Google has offered Groupon $5.3 billion, with the promise of $700 million in performance bonuses for management, according to a person knowledgeable about the matter who spoke on the condition of anonymity. Several people close to the deal said Groupon, which is based in Chicago, was expected to approve the acquisition and an agreement could be signed as early as this week.

I do love the Groupons! I hope it doesn't chage a bunch if this deal goes through. Nothing stays the same, that's for sure.