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Fourth of July 2005 Facts and Figures Fourth of July On this day in 1776, the Declaration of Independence was approved by the Continental Congress, starting the 13 colonies on the road to freedom as a sovereign nation. As always, this most American of holidays will be marked by parades, fireworks and backyard barbecues across the country. Fourth of July 2005 Facts and Figures 296.5 million: Projected number of U.S. residents on this July 4th. Back in July 1776, there were about 2.5 million people living in the colonies. (2005 population from unpublished data; 1776 population from Historical Statistics of the United States: Colonial Times to 1970.) The Fourth of July Cookout: 150 million Number of hot dogs (all varieties) expected to be consumed by Americans on the Fourth. (That's one frankfurter for every two people.) There's about a 1-in-4 chance that the hot dogs made of pork originated in Iowa, as the Hawkeye State had a total inventory of 16.2 million hogs and pigs on March 1, 2005. This represents more than one-fourth of the nation's total. (Data on hot dog consumption courtesy of the National Hot Dog and Sausage Council.) 7.3 billion pounds: Total production of cattle and calves in Texas in 2004. Chances are that the beef hot dogs, steaks and burgers on your backyard grill came from the Lone Star State, which accounted for over one-sixth of the nation's total production. Fourth of July Celebration in Gatlinburg Tennessee Includes the Nation's First 4th of July Parade and last 4th of July Fireworks Show 6: Number of states in which the revenue from chicken broilers was $1 billion or greater in 2004. There is a good chance that one of these states Georgia, Arkansas, Alabama, North Carolina, Mississippi or Texas is the source of your barbecued chicken. Better than 50-50: The odds that the beans in your side dish of baked beans came from North Dakota, Michigan or Nebraska, which produced 58 percent of the nation's dry, edible beans in 2004. Another popular July 4th side dish is corn on the cob. California and Florida together accounted for about 45 percent of the value of sweet corn produced nationally in 2004. One-half: Amount of the nation's spuds produced in Idaho or Washington in 2004. Potato salad and potato chips are also popular food items at July 4th barbecues. Nearly 69 million: Number of Americans who said they have taken part in a barbecue during the previous year. It's probably safe to assume a lot of these events took place on Independence Day. See Table 1238, 2004-2005 edition: Fireworks: $164.2 million The value of fireworks imported from China in 2004, representing the bulk of all U.S. fireworks imports ($172.5 million). U.S. exports of fireworks, by comparison, came to just $14.3 million in 2004, with Japan purchasing more than any other country ($4.7 million). $17.3 million: The value of U.S. manufacturers' shipments of fireworks in 2002. Fourth of July Celebration in Gatlinburg Tennessee Includes the Nation's First 4th of July Parade and last 4th of July Fireworks Show - Yahoo! News Flags: $5.2 million The dollar value of U.S. imports of American flags in 2004; the vast majority of this amount ($4.8 million) was for U.S. flags made in China. $851,000: Dollar value of U.S. flag exports in 2004. Mexico was the leading customer, purchasing $312,000 worth. $349 million: Annual dollar value of shipments of fabricated flags, banners and similar emblems by the nation's manufacturers, according to the latest published Economic Census (2002) data. Patriotic-Sounding Places: 30 Number of places nationwide with "liberty" in their name. The most populous one is Liberty, Mo. (27,982). Iowa, with four, has more of these places than any other state: Libertyville, New Liberty, North Liberty and West Liberty. Eleven places have "independence" in their name. The most populous of these is Independence, Mo., with 112,079 residents. Five places adopted the name "freedom." Freedom, Calif., with 6,000 residents, has the largest population among these. There is one place named "patriot": Patriot, Ind., with a population of 196. And what could be more fitting than spending the Fourth of July in a place called "America"? There are five such places in the country, with the most populous being American Fork, Utah, population 22,876. Gatlinburg Cabins Coming to America: 34 million The number of foreign-born residents in the United States in 2004; they accounted for 12 percent of the nation's total population. Another 30 million Americans were "second- generation," meaning that at least one of their parents was born abroad. 53 percent: Percentage of the nation's foreign-born population born in Latin America, as of 2004. Fourth of July Celebration in Gatlinburg Tennessee Includes the Nation's First 4th of July Parade and last 4th of July Fireworks Show 706,000: Number of immigrants granted legal permanent residence in the United States during fiscal year 2003. One in four settled in California, and 1-in-10 in the New York metro area. 463,000: Number of people who became naturalized U.S. citizens during fiscal 2003. Mexico contributed the highest number of naturalized citizens in 2003 (56,100), followed by India (29,800), the Philippines (29,100), Vietnam (26,000) and China (24,000). 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Fourth of July 2005

[ world famous recipes ] Indian-Spiced Coffee

Indian-Spiced Coffee

Here's what you need 1 1/4 cups water 4 pods cardamom, slit 1 stick cinnamon, broken in half pinch nutmeg 1 clove 2 cups strong, freshly brewed Mysore coffee 1 cup milk 2 tablespoons sugar or honey, or sweeten to taste

In a medium-size pot, bring water to a boil. Stir in the spices, cover, and simmer over low heat for 5 minutes. Stir in the pre-brewed coffee.

Meanwhile, in a saucepan, heat milk until almost boiling. Strain the coffee through a fine mesh strainer covered with cheesecloth into the milk. Add sweetener, stir, and serve in mugs. Makes 4 servings.

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[ world famous recipes ] BERRY SALAD WITH YOGURT DRESSING

BERRY SALAD WITH YOGURT DRESSING

1 cup vanilla yogurt 1/4 cup honey 1 1/2 tablespoons milk (to thin out dressing) cinnamon and nutmeg to taste 1 1/3 cups Strawberries 1 1/3 cups blueberries 1 1/3 cups rasberries fresh peppermint leaves, finely chopped

Wash, stem and sort berries. In a small bowl combine yogurt and honey and whisk together. Add cinnamon and nutmeg and whisk until well incorporated. Add milk to thin down. Place berries in serving bowls and drizzle the yogurt dressing over the top. Garnish with mint and serve immediately.

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[ world famous recipes ] RECIPE: Steak with Onion Sauce - not tried

Steak with Onion Sauce

1 tablespoon olive oil or vegetable oil

4 (6 to 8 oz. each) skirt or cube steaks

Salt & pepper to taste

1/3 cup Heinz® Red Wine Vinegar

1 medium thinly sliced onion

Heat olive oil in large skillet over high heat.

Generously season both sides of steaks with salt and pepper. Cook steaks until browned, 4 to 5 minutes per side.

Transfer steaks to serving plate.

Reduce heat to medium. Add onion, cooking and stirring until softened, 4 to 5 minutes.

Add vinegar and any juices from the steaks; heat through.

Spoon onion sauce over steaks.

Yield: 4 servings

Source: H. J. Heinz Company

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[ world famous recipes ] Baked Ranch Parmesan Chicken

Baked Ranch Parmesan Chicken 6 chicken breasts halves 1/2 cup ranch style dressing 1 cup bread crumbs 1/2 cup freshly grated Parmesan cheese 1 teaspoon cracked black pepper 1 teaspoon sage 1/2 teaspoon salt Marinate chicken in the ranch dressing for 4 hours or overnight. Preheat oven to 450*F (230*C). Combine bread crumbs, Parmesan cheese, black pepper, sage and salt and mix well. Coat the marinated breasts in breading mixture and place in a 9 x 13 x 2-inch baking dish. Bake for 20 minutes, then reduce to 350*F (175*C) and bake for additional 30 minutes or until done and juices run clear. Makes 6 servings.

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[ world famous recipes ] Cherry Stuffed Grilled Chicken

Cherry Stuffed Grilled Chicken 1 1/2 cups pitted and coarsely chopped Northwest fresh sweet cherries 1/4 cup chopped onion 1 teaspoon chopped fresh sage 1/2 teaspoon each salt and chopped fresh thyme 4 boneless, skinless chicken breast halves 4 to 6 ounces each 3 tablespoons olive oil 2 tablespoon white wine vinegar 1 1/2 teaspoons garlic salt 1/2 teaspoon coarsely ground pepper Combine cherries, onion, sage, salt and thyme; mix well. Cut a pocket on the thicker side of the chicken breast; sprinkle lightly with salt if desired. Stuff 1/4 of cherry mixture into the pocket; close opening with metal skewers or wooden picks. Combine oil, vinegar, garlic salt and pepper; mix well. Add stuffed chicken breasts and marinate for 1/2 hour in refrigerator. Broil or grill chicken breasts, brushing with marinade, until fully cooked and juices run clear when sliced.

Makes 4 servings. Oven Method: Brown stuffed chicken in oven-safe skillet on both sides. Bake at 375° F 12 to 15 minutes or until juices run clear. Nutritional Analysis Per Serving: 305 Calories, 32.4 g protein, 11.5 g carbohydrate, 14.3 g fat (42% Cal. from fat), 86 mg cholesterol, 1.1 g fiber, 1130 mg sodium.

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[ world famous recipes ] Apricot Cream Scones

Apricot-Cream Scones

Servings: Makes 6 scones

Ingredients: For the Scones: 1 3/4 cups all-purpose flour 1/4 cup granulated sugar 1 1/2 teaspoons baking powder 1/2 teaspoon baking soda 1 1/2 teaspoons grated orange peel 1/4 teaspoon salt 1/4 cup cold unsalted butter 1/2 cup finely chopped dried apricots* (See Note Below) 1/4 cup sour cream 1 egg 3 tablespoons milk For the Topping: 2 teaspoons orange juice 1 tablespoon coarse sugar

Apricot-Butter Spread: (optional) 2/3 cup butter, softened 4 tablespoons apricot preserves

Instructions: To Make the Scones : Preheat oven to 375°F (190°C).

Combine 1 1/2 cups flour, 1/4 cup sugar, baking powder, baking soda, orange peel and salt in large bowl; cut in 1/4 cup cold butter until mixture resembles coarse crumbs.

Coat apricots with remaining flour in small bowl; stir into flour mixture.

Combine sour cream, egg and milk in same small bowl. Stir into flour mixture just until moistened (1 minute). Turn dough onto lightly floured surface; knead 5 to times until smooth.

Pat dough to 7-inch circle on greased baking sheet. Score into 6 wedges; do not separate.

Topping:Brush dough with orange juice; sprinkle with 1 tablespoon sugar.

Bake for 18 to 23 minutes or until lightly browned. Serve with Apricot-Butter Spread, jam or preserves, jelly, double or clotted cream, or creme fraiche.

Makes 6 scones.

To Make Apricot-Butter Spread: Combine 2/3 cup softened butter and apricot preserves in small bowl. Cover, and refrigerate until ready to serve scones. Put two tablespoons of Apricot-Butter Spread into six (6) small butter ramekins, and serve with each scone.

*Note on Substitutions* If desired, substitute 1/2 cup of your favorite dried fruit for the dried apricots in this recipe. If you are substituting another dried fruit for the apricots, you can also substitute another flavor preserves to make the "Butter Spread" in this recipe. For example;for Peach-Butter Spread; use peach preserves instead of apricot preserves.

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[ world famous recipes ] Cranberry Buttermilk Scones

CRANBERRY BUTTERMILK SCONES Makes 16

3 cups unbleached all purpose flour 1/4 cup plus 2 teaspoons sugar 1 3/4 teaspoons baking powder 1/4 teaspoon salt 10 tablespoons (1 1/4 sticks) chilled unsalted butter, cut into small pieces 3/4 cup dried cranberries l/2 cup buttermilk 3 large eggs 1 teaspoon water

Position rack in center of oven and preheat to 375F. Butter two 9- inch-diameter cake pans. Combine flour, 1/4 cup sugar, baking powder and salt in large bowl. Add butter; rub in with fingertips until mixture resembles coarse meal. Add cranberries. Whisk buttermilk and 2 eggs in small bowl. Stir into dry ingredients. Turn out onto floured surface. Knead gently just until soft dough forms. Divide dough into 2 pieces. Form each piece into ball. Transfer each ball to 1 prepared pan. Press out dough into 8-inch-diameter round. Using sharp knife, score top of each round into 8 wedges. Whisk remaining egg with 1 teaspoon water in small bowl. Brush mixture over scones. Sprinkle with 2 teaspoons sugar. Bake scones until golden, about 30 minutes. Cool 5 minutes. Invert scones onto platters. Turn right side up. Cut along score marks. Serve warm.

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[ world famous recipes ] Natural no sugar whole wheat banana bread

NATURAL NO SUGAR WHOLE WHEAT BANANA BREAD 1/6 cup no sugar added applesauce 1/6 cup walnut oil or reg oil 1/2 cup honey 1 teaspoon vanilla extract 2 eggs 1 1/4- 1 1/2 cup mashed very ripe bananas (~ 3-4 bananas) 1 3/4 cups whole wheat pastry flour 1/2 teaspoon salt 1 teaspoon baking soda 1/4 cup hot water (* 1/2 cup chopped walnuts or pecans if desired)

Preheat oven to 325º In a large bowl, beat applesauce, oil and honey together. Add eggs, and mix well. Stir in bananas and vanilla. Stir in flour and salt. Add baking soda to hot water, stir to mix, and then add to batter. (Blend in chopped nuts here if desired) . Spread batter into a greased 9x5 inch loaf pan. Bake for 50 to 60 minutes. Cool on wire rack for 1/2 hour before slicing. Tips: * Put browning bananas into the freezer until ready to use for your recipe. Makes the bread even more moist! * May change up the recipe by adding raisins or pumpkin pie spice. * Make it into 4 mini loaves and bake about 35 minutes.

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[ world famous recipes ] Peach Tea Cobbler

Peach Tea Cobbler

4 cups water or peach flavored drink 10 Tetley Orange Peach Tea bags 8 cups sliced peaches, fresh or frozen 1 cup light brown sugar 8 tablespoons cornstarch 4 cups Bisquick baking mix 6 tablespoons light brown sugar 2 cups milk 2 eggs Fresh whipped cream or ice cream

Bring water to boil in heavy saucepan. Add tea bags and continue to boil 5 minutes. Remove and discard tea bags. Spread peaches in 9 x 13 baking pan and sprinkle 1 cup light brown sugar and cornstarch over top, then add tea. Blend baking mix, 6 tablespoons light brown sugar, milk and eggs in mixing bowl until dough is formed. Drop dough 1 tablespoon at a time evenly over peaches. Bake at 350ºF for 45 minutes, or until golden brown. Serve immediately topped with fresh whipped cream or ice cream. Serves 12-16.

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[ world famous recipes ] RECIPE: Tarragon Marinated Chicken Breasts -not tried

Tarragon Marinated Chicken Breasts

4 skinless, boneless chicken breast halves (about 1 1/2 pounds)

1/3 cup olive oil or vegetable oil

1/4 cup Heinz Tarragon Vinegar

2 cloves garlic minced or 1/2 teaspoon garlic powder

dash salt & pepper

Place chicken in gallon size resealable plastic bag. In small bowl or jar, combine remaining ingredients. Pour over chicken; close bag. Refrigerate at least 2 hours or overnight, turning bag occasionally. Grill or broil as desired until chicken is fully cooked. Discard any remaining marinade and bag.

Yield: 4 servings

Source: H. J. Heinz Company

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[ world famous recipes ] RECIPE: Balsamic Brined Grilled Pork Chops TNT

Balsamic Brined Grilled Pork Chops

Pork Chops: 3 cups water 1 cup brown sugar 1/2 cup balsamic vinegar 1/2 cup kosher salt 8 bone-in pork chops (8 oz each) - I used boneless pork loin chops

Basting Sauce: 3/4 cup balsamic vinegar 2 tablespoons olive oil 1 tablespoon brown sugar Kosher salt and freshly ground black pepper to taste

To prepare pork chops: Combine all ingredients except chops in a bowl. Stir until sugar and salt are dissolved. Place pork chops in a large sealable plastic bag; pour brine into bag to cover chops. Seal and chill at least overnight. (I ended up leaving them for 48 hours.)

To prepare sauce: Combine all ingredients in a bowl and set aside.

Prepare the grill. Drain pork chops and discard brine. Pat chops dry. Sprinkle with salt and pepper. Grill chops about 5 minutes per side for medium (longer if using thick boneless loin chops as I did). Note: I cut this recipe in half when I made it. I also took half the sauce and simmered it down until it was thick enough to coat the back of a spoon and drizzled it around the plates and a touch over the grilled chops.

Yield: 8 servings

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[ world famous recipes ] WW Lime Cottage Cheese Salad

WW Lime Cottage Cheese Salad Weight Watcher Points - 1 Weight Watcher Point 1 small package sugar-free lime-flavored Jello 2 cups boiling water 2 cups cold water 2 tablespoons low-calorie mayonnaise 1 cup low-fat cottage cheese 1 (8 ounce) can crushed water-packed pineapple, drained Vegetable cooking spray Lettuce leaves (optional) Dissolve Jello in boiling water in a medium bowl, stirring well. Stir in cold water. Chill until mixture is the consistency of unbeaten egg white. Fold low-calorie mayonnaise substitute into Jello mixture. Add cottage cheese and pineapple, stirring well. Pour gelatin mixture into a 6-cup mold coated with cooking spray. Chill Jello mixture until firm. Unmold salad into lettuce leaves, if desired

10 Servings (1/2 cup serving) Exchanges: 1/2 skim milk Calories: 32 Fat: 1 gm Carbohydrates: 3 gm Fiber: trace Protein: 3 gm Sodium: 57 Chol: 2 mg

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Real Estate Bubble - Is the U.S. Real Estate Bubble Set to Burst? Is the U.S. Real Estate Bubble Set to Burst? by Farai Chideya News & Notes with Ed Gordon, May 9, 2005 · "Become a Millionaire in a Weekend" was the theme of a real estate expo that drew 10,000 people to the Los Angeles Convention Center over the weekend. But some real estate experts warn that the current market may be a high-priced "bubble" about to burst, similar to the dot-com collapse. Guest host and News & Notes correspondent Farai Chideya reports on the expo and speaks with two experts on real estate and home ownership issues. NPR : Is the U.S. Real Estate Bubble Set to Burst? Listen here: Housing Bubble Housing Bubble Housing Bubble Housing Bubble Housing Bubble Phoenix Relocation Sell Your Own Home Phoenix Real Estate

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Zucinni Meatloaf Muffins Ingredients 16 oz lean ground beef 1/2 c & 1 Tbsp dried fine bread crumbs 1/4 c finely chopped onion 3/4 c shredded unpeeled zucchini 2 tsp italian seasoning (separated) 8oz can tomato sauce (separated) 2 tsp Splenda 1/2 c & 1 Tbsp RF mozzarella cheese shredded Special Notes : Add garlic powder, salt and pepper if you like spicer . Preheat oven to 375. Spray 6 regular size muffin pan with cooking spray. In a large bowl combine meat, bread crumbs, onion, and zucchini, 1 tsp Italian seasoning, and 1/2 of the tomato sauce. Mix well. Evenly divide meat mixture between muffin cups and make an indentation in the center of each. In a small bowl combine the remaining tomato sauce, splenda, and 1 tsp Italian seasoning. Stir in mozzarella cheese. Evenly spoon about 1 Tbsp of sauce mixture into the indentation of each muffin. Bake 35 minutes. Place muffin pan on a wire rack and let set for 5 minutes. Star Wars: Episode III - The Revenge of the Sith Star Wars: Episode III - The Revenge of the Sith

Bigger, Better Helicopter Unveiled by Phoenix Police and Fire ...
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In a unique joint partnership between the Phoenix Police and Fire departments, the city of Phoenix welcomes its first high-performance twin-engine Agusta 109E ...
Burn Victims from Phoenix Sister City in Canada to Attend Camp ...
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Four children from Phoenix's sister city in Calgary, Canada, who have survived serious burns will be among 100 participants at the annual Arizona Burn and ...
Ahwatukee-Foothills Comedy Club
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Ahwatukee-Foothills Comedy Club is pleased to provide you with the biggest night of comedy in the history of Ahwatukee! We're bringing ...

 

SMOCA STARTS THE SUMMER WITH A SPLASH JUNE 23, 2005
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The Scottsdale Museum of Contemporary Art presents SPLASH: Summer SMoCA Nights from 9 pm to 1 am June 23. A fixture of Valley nightlife ...

SCOTTSDALE CITY COUNCIL TO REVIEW CORONADO GOLF COURSE OPTIONS
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The Scottsdale City Council will consider a range of options for the future of the Coronado Golf Course near Thomas and Miller roads at its Tuesday, June 21 ...

 

SCOTTSDALE SALES TAX COLLECTIONS INCREASE
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Sales tax collections for business activity in Scottsdale increased by less than 1 percent in April compared to the same time period a year ago, after ...

Scottsdale to Review Rezone Request of Site for ASU Scottsdale ...
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The Scottsdale City Council on Tuesday, June 21, will review a request to rezone the site for the ASU Scottsdale Center for New Technology and Innovation. ...

Phoenix Center for the Arts Presents Arizona Pastels
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The valley's best pastel artists will have their work on display July 1 through July 22 when the Phoenix Center for the Arts hosts an exhibition featuring ...

 

Phoenix Art Museum Panel
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Don't miss the panel discussion, "What is Surrealism? Is it Relevant in Today's Art World?" which will be held at Phoenix Art ...

Bank Of America Requests Applications for Neighborhood Excellence ...
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Bank of America is requesting applications for the Neighborhood Excellence Initiative program for the Phoenix market (Maricopa and Pinal Counties). ...

June Copper Square Film Series
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If you missed the 2005 Phoenix Film Festival you can see the "Best Documentary" winner Champion, starring Danny Trejo, for free as 101.5 The Zone presents ...

Movie Screening of "Shrek II" Follows Final Isaac Crime March
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Councilman Tom Simplot will host a free, outdoor screening of the animated blockbuster "Shrek II" in the west Phoenix Isaac Neighborhood. ...

Phoenix Therapist Speaks Out Concerning Michael Jackson Verdict & ...
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Are you shocked, sickened and dismayed by the Michael Jackson verdict? I am not shocked, but I am significantly sickened and dismayed ...

City of Mesa Receives 2005 Bond Ratings
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In anticipation of Mesa City Council approval of the City's $113 million municipal bond sale, two credit reporting agencies have analyzed the City of Mesa ...

Phoenix Arizona East Valley City News
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The 2005 Census Survey is just around the corner and Scottsdale is hoping you'll make sure that you and others in your family are counted. ...

Newest Habitat for Humanity Home Dedication Set for Saturday, June ...
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. The real estate professionals of the Success Financial Network, who built the family's new home through their Coldwell Banker Success Charitable Foundation. ...

Genre: Drama/Sport
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Russell Crowe reunites with Ron Howard for the first time since A Beautiful Mind. Well, who could blame them after the success of that film? ...

Cast: Ewan McGregor; Natalie Portman; Hayden Christensen;Ian

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Real Estate Bubble Housing Bubble Housing Bubble Real Estate Bubble The Housing Bubble or The Bogeyman Under the Bed May 11 , 2005 by Steve Mullis Recently there has been much discussion and speculation about a phrase that sends shivers down the spines of realtors and homeowners alike...”The Housing Bubble”. Having looked at data from a variety of sources and attending a presentation for top named economists, the future of Arizona housing is clearing up nicely. Developments that can affect the housing market are many...interest rates, employment, population increases or decreases, consumer confidence, the “Housing Affordability Index” the livability index, population age, etc. Real Estate Bubble Housing Bubble The Housing Bubble Revisited Contributed by Bob McCord, CEO of the Success Financial Network It's difficult not to write about the "housing bubble" given the media's continued effort to make it happen. There is no question that the pace of sales has to slow and that double-digit price increases can't continue. But that doesn't make a bubble. Housing analysts say price 'frenzy' cannot continue Housing analysts say price 'frenzy' cannot continue Glen Creno and Catherine Reagor The Arizona Republic Jun. 11, 2005 12:00 AM The party isn't over yet for metropolitan Phoenix's housing market, but analysts say it may be winding down. Existing homes continued to command premiums in May when the median price hit $235,000, according to the Arizona Real Estate Center at Arizona State University. That's a 6.3 percent jump from the April figure, the type of move that took a year to achieve in the late 1990s. "Deep down, everybody knows you can't sustain this pace," said Jay Butler, director of the Real Estate Center. advertisement Real Estate Bubble Driving the market: a strong economy, new jobs, low mortgage rates and investors lured by big gains in home prices. Butler says the Phoenix housing market is in a price bubble, and other analysts are reaching similar conclusions. A bubble is a rapid run-up in home prices that the market cannot sustain, so housing prices ultimately fall. If prices do fall here, it could put pressure on all home values and spark some homeowners as well as investors to sell. That, in turn, could drive prices down even more. University of Arizona economist Marshall Vest said outsize price gains should begin to moderate by the end of the summer. He said housing statewide shows "a lot of characteristics" of a bubble. "Demand far outstrips supply, and the demand side appears to be driven by a frenzy of sorts, by greed," he said. "The frenzy is going to evaporate, and the market will begin to return somewhat to normal. It's not that prices will fall. The rate of the increase will moderate." State gains revenue windfall from hot real estate market State gains revenue windfall from hot real estate market $1 billion in April tax collections sets record, provides millions in surplus funds Robbie Sherwood The Arizona Republic Jun. 8, 2005 12:00 AM Arizona's tax revenues have surged to record levels, thanks largely to profits from hot housing and real estate markets that are powering one of the most robust economies in the nation. State tax collections for April topped $1 billion for the first time ever, the largest single monthly take in Arizona history and a 34 percent jump over April last year. That gave the state an April windfall of $160 million to $300 million, the latest in a series of monthly increases that have added hundreds of millions of dollars to the state's coffers this year. Economist Elliott Pollack warned Tuesday that the real-estate-fueled bubble could deflate, if not burst, within two years just as the dot-com boom did before the 2001 recession. Tanking stocks along with the terrorist attacks triggered an overnight 40 percent revenue drop and $1 billion shortfalls that leveled off only this year. Housing Bubble Look what's bubbling in Phoenix's economy Look what's bubbling in Phoenix's economy May. 26, 2005 12:00 AM Few in our great real estate casino want to talk publicly about a housing bubble. This is classic bubble behavior. It was on display most recently in the tech bubble of the late 1990s. Some are deluded, experts being particularly prone to the malady. Back then it was the "long boom" theory; now it's "people will always want to move to Arizona" and other fables. Others know they have a tiger by the tail, and don't know how to let go without getting killed. And for now, these players are getting stunningly rich. Everyone, it seems, is trying to get into the game. This is also classic bubble behavior. From the capital markets to the cubicle prole who has bought a couple of investment houses in Eloy, bad money follows good past the market peak. In the tech boom, we watched spectacular IPOs for companies with no profits and products no one understood. People who didn't even own a computer were putting their life savings into dot-coms with impossible price-to-earnings ratios. Don't Buy Housing Bubble Propaganda Don't Buy Housing Bubble Propaganda Thursday May 26, 2:04 pm ET By Barry Ritholtz, RealMoney.com Contributor The old saw is true: Every general fights the previous battle. And after missing the tech and telecom bubbles, the generals of the financial media are now battling more bubbles than we can count: There are bubbles in debt, credit and interest rates. There is the oil bubble, the import bubble, the China bubble and the current account deficit bubble. In short, we have a veritable bubble in bubbles. Indeed, it is astonishing how many people who failed to either acknowledge the tech bubble in the 90s -- or at least failed to act on it -- now have no hesitation to declare real estate to be a bubble. This despite their lack of expertise or past track record in spotting bubbles on a timely fashion. The bubble du jour though is the housing bubble. From Greenspan's testimony to CNBC's Housing special to (uh-oh) this month's Fortune magazine cover, it seems to be all anyone wants to talk about. My position is that housing is not in a bubble -- yet. But it is an increasingly extended asset class that may be subject to a significant correction in the future. But a 25%-35% retracement is a very different situation than a bubble (recall that the Nasdaq dropped 80%), primarily because there are very different consequences for both homeowners and investors. Not Your Grandson's Bubble That said, comparing real estate with other true bubbles -- most especially the tech/telecom/dotcom bubble of the 1990s -- is imperfect, due to several factors. Homes are illiquid assets that take several months to sell; stock can be liquidated instantly. The housing market is regional, with an uneven distribution of asset appreciation: Equities are national, and even global. Lastly, there is an intrinsic value of a house as a place where you can live; Compare this with a company whose only asset was a sock puppet -- the tulip bulb of its day -- and it's clear why a profitless, assetless, publicly traded company can go to zero. Barring an external disaster like Love Canal, houses will not. Flowmeters Pigeon Forge Cabin Rentals Teen Hairstyles Sell a House Fast Vending Machines Housing Bubble

Chichen Breast Stuffed with Cuitlacoche in a Poblano Chile Cream Sauce An original creation by Leah Spinose de Vega Ingredients a.. 4 chicken Breasts-pounded flat b.. 2 poblano chile peppers-roasted, peeled and deveined. c.. 1 can cuitlacoche d.. 1/2 C sweet corn e.. 1 large jalapeno f.. 1 tsp. epazote (optional) g.. 3/4 C chicken broth h.. 3 cloves garlic i.. 1/2 medium sized onion -minced j.. 1/2 C sour cream k.. 1 1/2 C grated Monterrey Jack cheese l.. Flour m.. Salt n.. 1/2 tsp. ground cumin o.. Canola oil Directions Sauté onion and 2 cloves of garlic until tender, add jalapeno, sauté for 2 minutes, add cuitlacoche, corn and epazote. Simmer mixture for 3 minutes. Set aside. Pound chicken breasts flat between two pieces of waxed paper, trying not to break. Spread a thin layer of cuitlacoche mixture on flatten breast and sprinkle with approximately tablespoon of cheese. Roll breast and secure with 2-3 toothpicks. Lightly coat rolls with flour. Brown rolls in oil, making sure to brown all sides. Place in glass baking dish. Blend chicken broth, roasted poblano pepper, 1 clove garlic, cumin and a pinch of salt until smooth, add sour cream. Dollop remaining cuitlacoche on rolls. Pour poblano cream sauce over rolls. Bake, covered at 375 ° for 35 minutes. Sprinkle top with cheese bake uncovered for 5 minutes or until melted. Garnish with thin strips of remaining poblano pepper and fresh squash blossoms (when in season).

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Quick, Easy -N- Fast Sautéed Chicken with Lemon Garlic Sauce 1 T. olive oil 1 garlic clove, minced 2 chicken breast halves salt, pepper 1/2 C. chicken broth 1/2 C. pitted kalamata or other intensely flavored olives 1 T. lemon juice 1 C. cooked rice, optional Heat oil in medium skillet. Add garlic and saute over medium heat 1 minute. Add chicken, seasoned with salt and pepper to taste, and brown 5 minutes per side. Remove chicken. Pour in broth and scrape up any browned bits. Return chicken to skillet along with olives. Cover and simmer 30 minutes. Remove chicken and keep warm. Add lemon juice and cook down liquids by a third. Return chicken to pan to heat through. To serve, spoon chicken and skillet sauce onto each of 2 plates. Serve rice on the side. Makes 2 servings. Chicken-Chorizo Burgers with Avocado Mayonnaise Bite-sized pieces of corn tortillas act as a binder in these sausage and chicken burgers. Mayonnaise: 1/3 cup fat-free mayonnaise 1/4 cup fresh cilantro leaves 2 tablespoons fresh lime juice 1/4 teaspoon salt 1/2 ripe peeled avocado, seeded Burgers: 1/2 pound Spanish chorizo sausage (such as Usinger's) 1/4 teaspoon salt 5 (6-inch) corn tortillas, torn into bite-sized pieces 1 1/2 pounds skinless, boneless chicken breasts, coarsely chopped 1 jalapeño pepper, seeded and chopped Cooking spray 8 (2-ounce) onion rolls, toasted 8 (1/4-inch-thick) slices tomato Prepare grill or broiler.To prepare mayonnaise, combine first 5 ingredients in a food processor; pulse 10 times or until combined. Cover and chill mayonnaise mixture. To prepare burgers, remove casings from sausage. Place sausage, salt, tortillas, chicken, and jalapeño in food processor; process 30 seconds or until mixture is coarsely ground. Divide mixture into 8 equal portions, shaping each into a 1/2-inch-thick patty. Place patties on a grill rack or broiler pan coated with cooking spray; cook 7 minutes on each side or until done. Cut rolls in half horizontally; spread 1 1/2 tablespoons mayonnaise mixture over top half of each roll. Place tomato slices on bottom halves of rolls; top each with 1 patty and top half of each roll. Yield: 8 servings Payday Loans sms.ac SMS.ac SMS.AC sms.ac sms.ac Pigeon Forge Cabins Vending Machines Sell House Arizona Biotech - Biotech News Biotechnology News

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