Moochers Lament
Way back in the early 1980s I worked at a restaurant atop Pittsburgh’s tallest building. The food was decent; the service was good; the view was awesome! The U.S. Steel Building now sports a “UPMC” (University of Pittsburgh Medical Center) sign acknowledging their biggest client. The famed building was recently acquired by UBS Real Estate Securities Inc. based out of New York. Pittsburgh’s Tribune review reported that the investing group has skillfully locally recorded “is a consignment of leases and rents by the lender in the deal…UBS also recorded a mortgage document for a $220 million loan UBS provided for the acquisition to Manhattan-based Karasick and his partners.” Neither action requires the payment of transfer taxes which was estimated to be $10 million.



Brief 1: “The King is gone but he’s not forgotten. This is a story about Johnny Rotten. It’s better to burn out, cause rust never sleeps. The King is gone but he’s not forgotten.” Sometimes the left is so out in left field and it is fun to watch them try to “eat” one of their own only to have it thrown back in their face. Famed Sex Pistols front-man,


Now that I am no longer a government employee I feel very comfortable criticizing government employees. Actually I have always been comfortable criticizing government employees only now I cannot get in trouble…
