" ONLY THE STRONG SURVIVE" jerry butler

But Before we get into all this;

It was reported in today's News-Herald that our illustrious Parking Garage will be closed and
 the administration plans to go to city council for funds to demolish the structure. Amazing what neglect from the previous administration is now coming home to haunt us? Remember that $250,000 for Horvath's Lagoon purchase? Or all the money spent yearly on Downtown Painesville? Wonder if Mary Jo and the rest will chip in? Just maybe our city should take care of it's own needs before they go out and play Santa Claus?

Something Positive

Next a rumor is that a local church is looking into purchasing the empty Chicago Title Building at N. St. Clair and Erie St.

TERKK'S  Computer is moving into the Key Bank at 8 North St. Suite 100

Also it seems 239 Mentor Ave. has a new owner and plans to repair the house.

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While everything's going wrong
You know there's got to be a whole-lot of trouble in your life


Seems today April 13,2016 Peabody Energy filed for Bankruptcy, what a surprise!

From a stock price high of over $1,200 in 2008 to another high mark  April 1,2011of $1090.60 to today when they filed for chapter 11 closing at $2.07 Quite a drop.

If I'm reading this correctly all present deals presently on the table are on hold. Maybe Prairie State Energy Campus?

What believe this bankruptcy will expose is how coal companies report information to investors as well as regulators.
You know that word "Transparency"

Will this bankruptcy mean a fire sale for Peabody assets? Had  executives enriched themselves before filing? Will the coal miner's pension fund stay intact? What about the clean-up costs from Peabody's mines?

I believe the Securities and Exchange has a whole lot more work!

How's if any of this affect Painesville?


Another reason Bernie Sanders has no business running for President Last night at a rally in New York a surrogate used the phrase  "corporate Democratic whores" Sanders who was on stage at that point should have stepped in, he didn't  (later to tweet an apology) This man has fantasy idea's and not much else.
I guess my question to Bernie what exactly is a "Democratic whore?"