Tag Archives: Park Avenue

Kite Realty Group Trust Announces Launch of Common Share Offering

By Business Wirevia The Motley Fool

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Kite Realty Group Trust Announces Launch of Common Share Offering

INDIANAPOLIS–(BUSINESS WIRE)– Kite Realty Group Trust (NYS: KRG) (the “Company”) announced today that it has commenced an underwritten public offering of 12,500,000 common shares of beneficial interest. BofA Merrill Lynch, KeyBanc Capital Markets, Citigroup and Wells Fargo Securities will be serving as the joint book-running managers for this offering. The underwriters will be granted a 30-day option to purchase up to an additional 1,875,000 common shares of beneficial interest.

The Company intends to use a portion of the net proceeds from this offering initially to repay approximately $62.2 million of outstanding indebtedness under the Company’s revolving credit facility and the remainder for the acquisition of properties. Such net proceeds that initially are used to repay outstanding indebtedness under the revolving credit facility are expected to be redeployed for other general corporate purposes, including the acquisition of properties and funding development costs.

The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission, which became effective on January 11, 2012. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state. The offering may be made only by means of a prospectus and related prospectus supplement. When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to these securities may be obtained from BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com; from KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, Ohio 44114; from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; Tel: 800-831-9146; email: batprospectusdept@citi.com; and from Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York, 10152, at (800) 326-5897 or by emailing a request to cmclientsupport@wellsfargo.com.


About Kite Realty Group Trust

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust engaged in the …read more

Source: FULL ARTICLE at DailyFinance

CapLease Prices and Upsizes Common Stock Offering

By Business Wirevia The Motley Fool

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CapLease Prices and Upsizes Common Stock Offering

NEW YORK–(BUSINESS WIRE)– CapLease, Inc. (NYS: LSE) announced today that it has priced its previously announced common stock offering. The offering was priced at $5.97 per share and consisted of 7,500,000 shares of common stock. The offering was increased by 1,000,000 shares from the originally announced offering of 6,500,000 shares. CapLease has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares of common stock to cover over-allotments, if any. CapLease expects the offering to close on April 9, 2013, subject to customary closing conditions.

CapLease intends to use the net proceeds of the offering for general corporate purposes, which is expected to primarily include funding real property acquisitions in its pipeline.

Wells Fargo Securities is the sole book-running manager of the offering. JMP Securities and Stifel are the co-managers for the offering. A copy of the prospectus supplement and prospectus relating to the offering may be obtained from Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152 (email: cmclientsupport@wellsfargo.com or telephone (800) 326-5897).

The shares of common stock will be issued pursuant to a registration statement that has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

This press release contains statements that are forward-looking. Such forward-looking statements involve risks and uncertainties and actual outcomes may differ materially from those projected. For more information regarding these risks and uncertainties, review CapLease’s filings with the Securities and Exchange Commission.

About the Company:

CapLease, Inc. is a real estate investment trust, or REIT, that primarily owns and manages a diversified portfolio of single tenant commercial real estate properties subject to long-term leases to high credit quality tenants.

Investor Relations/Media:
ICR, Inc.
Brad Cohen, 212-217-6393
bcohen@icrinc.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The …read more

Source: FULL ARTICLE at DailyFinance

Corruption at Hedge Funds Even More Rampant Than You Think, Study Shows

By Susan Adams, Forbes Staff

If a new report about hedge fund corruption is to be believed, the industry is overrun with unethical and illegal activity. Some 46% of people at hedge funds believe their competitors break the law or act unethically and 30% say they’ve seen wrongdoing themselves.  Less than a week after F.B.I. agents handcuffed SAC Capital portfolio manager Michael Steinberg and escorted him from his Park Avenue apartment, the  report, released yesterday, says that more than a third of hedge fund professionals believe they have to break the rules to get ahead. …read more
Source: FULL ARTICLE at Forbes Latest

Ares Capital Corporation Announces Public Offering

By Business Wirevia The Motley Fool

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Ares Capital Corporation Announces Public Offering

NEW YORK–(BUSINESS WIRE)– Ares Capital Corporation (NAS: ARCC) announced that it plans to make a public offering of 16,650,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 2,497,500 shares of common stock. The offering of the shares will be made under Ares Capital‘s shelf registration statement (as amended), which was filed with, and declared effective by, the Securities and Exchange Commission.

Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities and, to the extent not used for such purpose, for general corporate purposes, which may include investing in portfolio companies in accordance with its investment objective.

Investors are advised to carefully consider the investment objective, risks, charges and expenses of Ares Capital before investing. The preliminary prospectus supplement dated April 2, 2013 and the accompanying prospectus dated August 16, 2012, which have been filed with the Securities and Exchange Commission, contain this and other information about Ares Capital and should be read carefully before investing.

BofA Merrill Lynch, J.P. Morgan, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers for this offering.

The information in the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The preliminary prospectus supplement, the accompanying prospectus and this press release are not offers to sell any securities of Ares Capital and are not soliciting an offer to buy such securities in any state where such offer and sale is not permitted.

The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus, copies of which may be obtained from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, or e-mail dg.prospectus_requests@baml.com ; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, 866-803-9204; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY, 10014, Attn: Prospectus Department, tel.: (866) 718-1649 or e-mail prospectus@morganstanley.com ; or UBS Investment Bank, Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171, tel.: (888) 827-7275.

ABOUT ARES CAPITAL CORPORATION

…read more
Source: FULL ARTICLE at DailyFinance

RLJ Lodging Trust Announces Pricing of Upsized Public Offering of 13.8 Million Common Shares

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RLJ Lodging Trust Announces Pricing of Upsized Public Offering of 13.8 Million Common Shares

BETHESDA, Md.–(BUSINESS WIRE)– RLJ Lodging Trust (the “Company”) (NYS: RLJ) today announced it has priced an underwritten public offering of 13,800,000 common shares of beneficial interest at a public offering price of $21.60 per share, for net proceeds of approximately $284.8 million, after deducting the underwriting discount and other estimated offering costs. The offering was upsized from an original amount of 11,500,000 shares to the final offering size of 13,800,000 shares. The Company also granted the underwriters of the offering a 30-day option to purchase up to an additional 2,070,000 common shares. The offering is expected to close on or about March 25, 2013, subject to customary closing conditions.

The Company intends to use the net proceeds from the offering to fund potential acquisitions and for general corporate purposes, and may use net proceeds to repay amounts outstanding from time to time under its unsecured revolving credit facility.

A shelf registration statement on Form S-3 relating to the securities was previously filed with the Securities and Exchange Commission and became effective on August 22, 2012. A preliminary prospectus supplement relating to the offering has been filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Barclays, BofA Merrill Lynch, and Wells Fargo Securities will serve as joint book-running managers for the offering. Deutsche Bank Securities, PNC Capital Markets LLC, and RBC Capital Markets are acting as senior co-managers and Baird, KeyBanc Capital Markets, Raymond James, Scotiabank and Compass Point are acting as co-managers. The offering of these securities will be made only by means of a prospectus supplement and related base prospectus. Copies of the preliminary prospectus supplement, final prospectus supplement (when available) and the related base prospectus may be obtained by contacting: (a) Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling 1-888-603-5847 or emailing barclaysprospectus@broadridge.com; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038, Email: dg.prospectus_requests@baml.com; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, by email at cmclientsupport@wellsfargo.com; or by …read more
Source: FULL ARTICLE at DailyFinance

432 Park Avenue Launches Official Sales Campaign with Over One Third of Residences Under Contract

By Business Wirevia The Motley Fool

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432 Park Avenue Launches Official Sales Campaign with Over One Third of Residences Under Contract


Tower to Become Tallest Residential Building in the Western Hemisphere

NEW YORK–(BUSINESS WIRE)– CIM Group and Macklowe Properties announced today the launch of the residential condominium sales campaign for 432 Park Avenue and the opening of the sales and marketing center located at 767 Fifth Avenue.  The much-anticipated project has been quietly marketing units for sale and over one third of the residences are under contract. With an expected completion in 2015, the extraordinarily graceful 1,396-foot tower, designed by Rafael Viñoly, will become the tallest building in New York City and the tallest residential tower in the Western Hemisphere.

A rendering of 432 Park Avenue. ©dbox for CIM Group & Macklowe Properties (Photo: Business Wire)

Located on Park Avenue between 56 th and 57 th Street, 432 Park Avenue is surrounded by world-renowned retailers offering the best of fashion, art and design.  The slim and elegant square tower will ascend 96 stories and is being constructed using architectural concrete, steel, and glass.  All windows measure an expansive 10 feet by 10 feet, flooding residences with abundant natural light and providing spectacular views of Central Park, the Hudson and East Rivers, Atlantic Ocean, and many iconic Manhattan buildings and avenues.    

In the tradition of New York City‘s finest apartment houses and hotels, residents will enjoy 30,000 square feet of amenities including a private restaurant, outdoor garden for dining and events, spa and fitness center with sauna, steam and massage rooms, 75-foot swimming pool, library, lounge, billiards room, screening room and performance venue, children’s playroom, and boardroom.  In-suite catering, concierge, 24-hour doorman, and valet parking services will be provided by the building’s handpicked staff.

Residences include private elevator landings, separate service entrances, eat-in kitchens, windowed his-and-her bathrooms and large master suites with adjoining dressing rooms.  Interior finishes include 12.5-foot finished ceilings, solid oak flooring, custom hardware, and the highest quality natural materials.  Kitchens feature custom cabinetry, Miele stainless steel appliances, Dornbracht fixtures, and marble countertops and flooring.  Master bathrooms are fitted in book-matched slabs of Italian statuario marble and …read more
Source: FULL ARTICLE at DailyFinance

Hercules Technology Growth Capital, Inc. Closes Public Offering of Common Stock Including Option to

By Business Wirevia The Motley Fool

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Hercules Technology Growth Capital, Inc. Closes Public Offering of Common Stock Including Option to Purchase Additional Shares

PALO ALTO, Calif.–(BUSINESS WIRE)– Hercules Technology Growth Capital, Inc.  (NYS: HTGC) (“Hercules”) today closed its underwritten public offering of 7,000,000 shares of common stock. In addition, the underwriters fully exercised their over-allotment option to purchase 1,050,000 additional shares of the Company’s common stock. Today’s closing included the sale of the over-allotment shares, bringing the total number of shares sold in this offering to 8,050,000. The underwriters purchased the shares of common stock from Hercules for a price of $11.90 per share, and net proceeds from the offering after deducting estimated offering expenses payable by the Company are expected to be approximately $95.3 million. The last reported sales price of Hercules’ common stock on March 7, 2013, prior to the sale of its shares of common stock was $12.52 per share.

Hercules expects to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective and for other general corporate purposes.

Citigroup and Wells Fargo Securities acted as joint book-running managers in this offering. Aegis Capital Corp, BB&T Capital Markets, a division of BB&T Securities, LLC, Maxim Group LLC and National Securities Corporation acted as co-managers in this offering.

The securities described above were offered by Hercules pursuant to a shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission (the “SEC”) on December 18, 2012. A prospectus supplement related to the offering has been filed with the SEC and is available on the SEC’s web site at http://www.sec.gov. Copies of the prospectus supplement relating to these securities may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 (tel: (800) 831-9146); Wells Fargo Securities, 375 Park Avenue, 4th Floor, New York, New York 10152, Attn: Equity Syndicate or by e-mailing cmclientsupport@wellsfargo.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Hercules Technology Growth Capital, Inc.:

Hercules Technology Growth Capital, Inc. (NYS: <a target=_blank class="tmf-ticker qsAdd …read more
Source: FULL ARTICLE at DailyFinance

Realty Income Closes Common Stock Offering and Underwriters Exercise Full Over-Allotment Option

By Business Wirevia The Motley Fool

Realty Income Closes Common Stock Offering and Underwriters Exercise Full Over-Allotment Option

ESCONDIDO, Calif.–(BUSINESS WIRE)– Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYS: O) , announced that in addition to the already upsized 15,000,000 share common stock offering that closed today, an additional 2,250,000 shares were purchased by the underwriters upon the exercise of their over-allotment option. With the full exercise of the over-allotment option, the total shares sold in the offering was 17,250,000 shares, and the total net proceeds from the offering, after underwriting discounts and offering expenses payable by the Company, is approximately $756 million.

The net proceeds from the offering will be used to repay borrowings under the Company’s $1.0 billion acquisition credit facility. Any remaining net proceeds will be used for other general corporate purposes and working capital, which may include additional acquisitions and the repayment of other debt.

All of the shares were sold by the Company. The underwriters for the offering were: BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities, Credit Suisse, Raymond James, RBC Capital Markets, and UBS Investment Bank (joint book-running managers), J.P. Morgan and Jefferies (co-lead managers), Baird, Barclays, BB&T Capital Markets, Citigroup, and Stifel Nicolaus Weisel (senior co-managers), and BNY Mellon Capital Markets, LLC and Piper Jaffray (co-managers).

A copy of the prospectus supplement and the related prospectus pertaining to the offering may be obtained from BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department or email dg.prospectus_requests@baml.com; or Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York, 10014, Attn: Prospectus Department, telephone 1.866.718.1649 (toll-free) or email: prospectus@morganstanley.com; or Wells Fargo Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: 1.800.326.5897 or email: cmclientsupport@wellsfargo.com.

These securities were offered pursuant to a Registration Statement that has become effective under the Securities Act. These securities are only offered by means of the prospectus included in the Registration Statement and the preliminary prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction where the offer, solicitation, or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.


…read more
Source: FULL ARTICLE at DailyFinance

Realty Income Announces Pricing of Upsized 15.0 Million Share Common Stock Offering to Fund Property

By Business Wirevia The Motley Fool

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Realty Income Announces Pricing of Upsized 15.0 Million Share Common Stock Offering to Fund Property Acquisitions

ESCONDIDO, Calif.–(BUSINESS WIRE)– Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYS: O) , today announced that a public offering of 15,000,000 shares of the company’s common stock has been priced at a public offering price of $45.90 per share, and is expected to close March 11, 2013. Net proceeds from the offering, after underwriting discounts and estimated offering expenses payable by the company and assuming no exercise of the underwriters’ overallotment option, will be approximately $656.9 million. The offering was upsized from an original amount of 10,000,000 shares to the final offering size of 15,000,000 shares. The company has also granted the underwriters a 30-day option to purchase up to 2,250,000 additional shares of common stock to cover overallotments, if any. All of the shares are being sold by the company.

The company expects to use the net proceeds from the offering to repay borrowings under its $1.0 billion acquisition credit facility. Any remaining net proceeds will be used for other general corporate purposes and working capital, which may include additional acquisitions and the repayment of other debt.

The underwriters for the offering are BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities, Credit Suisse, Raymond James, RBC Capital Markets, and UBS Investment Bank (joint book-running managers), J.P. Morgan and Jefferies (co-lead managers), Baird, Barclays, BB&T Capital Markets, Citigroup, and Stifel Nicolaus Weisel (senior co-managers), and BNY Mellon Capital Markets, LLC and Piper Jaffray (co-managers).

A copy of the prospectus supplement and the related prospectus pertaining to the offering may be obtained, when available, from BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department or email dg.prospectus_requests@baml.com; or Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York, 10014, Attn: Prospectus Department, telephone 1.866.718.1649 (toll-free) or email: prospectus@morganstanley.com; or Wells Fargo Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: 1.800.326.5897 or email: cmclientsupport@wellsfargo.com.

These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act. These securities are only offered by means of the prospectus included in the Registration Statement and the preliminary prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction where the offer, solicitation, or sale …read more
Source: FULL ARTICLE at DailyFinance

Realty Income Corporation Announces Commencement of Public Offering of Common Stock

By Business Wirevia The Motley Fool

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Realty Income Corporation Announces Commencement of Public Offering of Common Stock

ESCONDIDO, Calif.–(BUSINESS WIRE)– Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYS: O) , today announced that it has commenced an underwritten public offering of 10,000,000 shares of common stock. The Company also plans to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock to cover overallotments, if any. The underwriters for the offering are: BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities, Credit Suisse, Raymond James, RBC Capital Markets, and UBS Investment Bank (joint book-running managers), J.P. Morgan and Jefferies (co-lead managers), Baird, Barclays, BB&T Capital Markets, Citigroup, and Stifel Nicolaus Weisel (senior co-managers), and BNY Mellon Capital Markets, LLC and Piper Jaffray (co-managers).

The Company expects to use the net proceeds from the offering to repay borrowings under its $1.0 billion acquisition credit facility, which were, and will be, used to fund real estate acquisitions.

A preliminary prospectus supplement and final prospectus supplement related to the public offering of these securities has been or will be filed with the Securities and Exchange Commission. Copies of the preliminary prospectus supplement and final prospectus supplement, when available, may be obtained from BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department or email dg.prospectus_requests@baml.com; or Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York, 10014, Attn: Prospectus Department, telephone 1.866.718.1649 (toll-free) or email: prospectus@morganstanley.com; or Wells Fargo Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: 1.800.326.5897 or email: cmclientsupport@wellsfargo.com.

These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act. These securities are only offered by means of the prospectus included in the Registration Statement and the preliminary prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction where the offer, solicitation, or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.


Forward-Looking Statements

Statements in this press release that are not strictly historical are “forward-looking” statements. Forward-looking statements involve known …read more
Source: FULL ARTICLE at DailyFinance

Gillian Anderson Joins NBC Drama Opposite Rachael Taylor And More Pilot News

By The Huffington Post News Editors

Gillian Anderson has joined an NBC pilot. According to TV Guide, Anderson will co-star opposite “666 Park Avenue” actress Rachael Taylor in NBC’s untitled pilot from Rand Ravich.

The drama is set in Washington and features political power players who find themselves blackmailed into an international conspiracy. Taylor will play FBI Agent Susie Dunn, the lead agent on the blackmail case. Anderson will play Meg, Susie’s estranged sister and the CEO of a conglomerate. Look for dark secrets aplenty. Stevie Lynn Jones will also star.

Anderson will next be seen in NBC‘s “Hannibal.”

Read More…
More on NBC

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Source: FULL ARTICLE at Huffington Post

Jason Wu Fall 2013

By Melissa Liebling-Goldberg

Hot on the heels of dressing Michelle Obama for the Inaugural Ball, Jason Wu sent out an utterly sophisticated Fall 2013 collection that spoke directly to powerful, grown-up women. With a strict color palette of black, white, bright red, and deep violet, Wu went deep into tailoring with outstanding outerwear that included sexy, structured lace trench coats. There was more than a hint of classic YSL in the narrow black pantsuits with stiff white collared blouses that hinted at Le Smoking, while leather-edged black fur boleros nodded ever so to the chubby. The collection was as sophisticated as the crowd at the Park Avenue venue, with perfectly coiffed actress Jaime King perched front row.

…read more
Source: FULL ARTICLE at fashionologie

How to get a new PC that runs Windows 7, not Windows 8

New Coke, the XFL, the recently canceled ABC drama 666 Park Avenue—all perfectly decent, but they lacked that certain excitement that turns a pimply kid into a Justin Bieber.

Windows 8 is also having a hard time exciting the masses. We love much about its touch-oriented user interface, personalization features, and deep links to cloud services. But many people shopping for a new PC just want the familiarity of Windows 7.

Pay a visit to Best Buy, as we did, and you’ll find that if you hope to stick with Windows 7, you may be in for a rude awakening. “We don’t carry Windows 7 anymore. It was phased out last year,” a blue-shirted salesperson told us at a Dedham, Massachusetts, store.

That may be true at the Best Buy we visited, but when it comes to the availability of Windows 7 PCs, you still have options. You just need to know where to look.

To read this article in full or to leave a comment, please click here

Source: FULL ARTICLE at PCWorld

The Communist And The Chambermaid

By Jeff Greenlee

Nikita Kruschev and Fidel Castro SC The Communist and the Chambermaid

 

It was a chilly, early November night in New York City.  The mild fall weather was coming to an end, and winter was near on this memorable evening in 1960.  In a few days, Americans would go to the polls to choose a new president, either Vice President Richard M. Nixon or the popular Senator from Massachusetts, John F. Kennedy.  Mountains of books would later be written to tell us about that historical election, but those stories are for another time.

This story is about the chance meeting of Russian Premier Nikita Krushchev and a pretty 17 year old who worked part time as a chambermaid at the Waldorf Astoria hotel on Park Avenue in midtown Manhattan.  The Premier was on his second visit to the United States but was restricted to New York City and Soviet property on Long Island.  Krushchev had appointed himself the leader of the USSR’s United Nations delegation, and it was there a few days earlier when he had made the headlines with his famous shoe-banging-on-the-table demonstration decrying American colonialism.

Annie Swanson had come from her hometown in Ames, Iowa to New York City to seek fame and fortune as a Broadway actress following her graduation from high school in June, 1960.  She was an introvert, somewhat of a wallflower during her school years, and had a dream to become rich and famous and to show everyone back in Iowa that anything is achievable for those with goals and aspirations.  She was staying with her aunt and uncle who lived in New York while she pursued her dreams.  To help pay her way, she worked part time at the Waldorf Astoria hotel and took classes at night.

On Friday, November 4th, Krushchev came back to the hotel after a trying day at the United Nations.  He had planned to rest for a couple hours before going out to dinner and drinks with some members of his delegation.  It was a chance meeting as Annie, dressed in her proper maid’s attire, was startled when the door to the suite opened and Nikita Krushchev entered the room.  Without all the steamy details, let’s just stipulate that 40 weeks later, a baby boy was born in New York to an Iowa teenager and a Russian statesman.  What happened later is that Annie moved back to her parents’ farm near Ames.  Premier Kruschchev and the new American President, John F. Kennedy, had multiple confrontations that changed the world in the 3 years following early November of 1960; and the November night in New York was gone forever.

No one knew about the tryst for many years.  Andrew Campbell was raised to believe his father was Iowa farmer Nathan Campbell, a former classmate of Annie’s at Ames High School.  She reunited with Nathan when she returned from New York City with her bundle of joy.  They married in 1962 and raised Andrew and his two step-sisters as an ordinary Midwestern family while they farmed a section of ground north of Ames.

When Andrew finished high school in 1979, he was accepted at Yale.  At Ames High School, he was an award-winning debater, class president, and one of the most charismatic and popular students in the school.  He wanted to become a lawyer, advocating for the less affluent and also for political causes such as social justice and the unfairness of capitalism regarding wealth distribution.  He was a member of the Young Democrats and had dabbled in Karl Marx’s and Freidrich Engels’ theories.  But his biggest achievement up to then occurred when he was given a primetime speaker slot at the 2004 Democratic National Convention at the Fleet Center in Boston.  Even though John Kerry lost to incumbent George W. Bush in the 2004 election, a star was born in Boston.  Andrew was elected to the Senate from Iowa in 2006 and won the early Democrat Straw Poll in Iowa to propel him face to face with Hillary Clinton to run for President of the United States in 2008.

But when a background check revealed that his biological father was Russian Premier Nikita Krushchev, who had died in September of 1971, detractors were concerned that Andrew was not qualified to run for president because of the “Natural Born Citizen” clause contained in Article II, Section 1 of the United States Constitution.  Andrew was born in New York to an American citizen and a Russian.  That made him a U.S. citizen, and even a “native” U.S. citizen (as opposed to naturalized); but did it make him a natural born citizen?

The requirements for office holders are stated in the Constitution, but the definitions are not always clear.  That is why we have a Supreme Court.  It is supposed to rule on litigation according to the original intent of the founders.  We all know that liberal or progressive justices (even though they are supposed to be apolitical) do not like the Constitution and especially do not adhere to original intent.  If they did, we would have a federal government with an annual budget of about 10% of the bloated leviathan that is Washington D.C. and enumerated powers with the rest reserved to the States as the 10th Amendment requires.  Instead, we have the mess we now face with an unsustainable deficit and a debt that will never be repaid.

Natural Born is listed in the Constitution only for the President and Vice President.  Senators and Representatives do not have to be natural born citizens, only citizens.  For definition and precedence, never challenged, in the 1875 SCOTUS decision in Minor v. Happersett, it was unanimously agreed that to be a “natural born” citizen, a person must meet two qualifications:  1) born on U.S. soil (including territories and military bases) to 2) TWO citizen parents.  It does not say “a” citizen parent.  It says “citizen parents”.   Andrew Campbell, whose biological father was Nikita Krushchev, is NOT a Natural Born citizen of the United States of America.  The founders were clear that anyone with dual allegiances could not become president.

Therefore, Barry Soetoro, aka Barack Hussein Obama (not his legal name, never changed), is NOT eligible to be POTUS, regardless of whether he was born in Kenya, Honolulu, or Timbuktu.  It doesn’t even make a difference if his obviously fake long form birth certificate presented on April 27, 2011 is accepted – even by the co-conspirators in Hawaii.  The birth scenario or location is irrelevant.  It doesn’t even make a difference if his Social Security number #042-68-4425 does not pass the country’s E-Verify system and comes back flagged as fraudulent.  It doesn’t even make a difference if his Selective Service registration is bogus like it has been proven to be.  It doesn’t make any difference where he spent 1981-83 while he was supposedly matriculating at Columbia.  He is NOT a Natural Born citizen.  Period.  End of story.

Note:  Some of this story is fiction.  The last three paragraphs are not contrived; they are true.

“And you shall know the truth, and the truth shall set you free.”  — John 8:32

Photo Credit: Delmarva Dealings (Creative Commons)

Source: FULL ARTICLE at Western Journalism