US – Sunday, July 5
Assets go into trust for family
Details of Michael Jackson’s will began to emerge Wednesday with all of his multimillion-dollar estate being placed in a family trust, even as plans for his highly anticipated funeral remained sketchy.
 
Last will of Michael Jackson
I, MICHAEL JOSEPH JACKSON, a resident of the State of California, declare this to be my last Will, and do hereby revoke all former wills and codicils made by me. 
 
The Beckhams’ island getaway
GOSSIP. According to the Sun, David Beckham is planning a trip to Necker Island, Richard Branson’s private island hideaway, to celebrate his 10th wedding anniversary with Victoria Beckham. And the best part? It only costs $51,000 a night to have the whole island to themselves.
 
The gangster of Hollywood
FEATURE. Johnny Depp doesn’t know what time it is. Though he technically calls an adorable village in France home and owns an island in the Caribbean, the mercurial actor spends so much time working that his internal clock is all out of whack.
 
 
Sales pressure seen hurting consumers
Consumer and labor groups demanded Bank of America Corp. and other lenders reform their sales practices so that workers under pressure to meet sales quotas do not saddle customers with costly and unnecessary products.
 
Got smart-phone envy?
You’re in an elevator, on the subway or waiting in a line, and while those around you are tapping away on their BlackBerrys and iPhones, you take out your plain old cell phone and can’t help but feel a little … inadequate. Worry no more. Here are a handful of phones and programs that will help you quash those feelings of cell phone shame.
 
Published 22:26, June the 10th, 2008
 

A nationwide oil change

With gas prices headed toward $5 a gallon, more than half the population has, in a matter of a year, become marooned in the suburbs. The economics of housing combined with the lunacies of city planning have left most Americans stranded, miles away from their places of work, schools, stores and medical facilities. The physical plant of the U.S. for the past 60 years was designed on a premise of cheap energy. This has left much of our population locked into homes and communities they now can ill afford to leave in the morning, come back to at night, heat in the winter or cool in summer.

America is saying bye-bye to the Hummer. GM is ditching its great ape of an automobile, which gets about 10 miles a gallon. Ford is cutting back on its production of the fabled F-Series of pickup trucks. The jobs of the people who made these giant vehicles also are being discontinued. “This is a fundamental change,” said Ford CEO Alan Mulally. There are more than 200 million private, gas-powered conveyances in the U.S. Almost all of those cars get poor gas mileage, but even at $5 a gallon, it will not pay to trade them in to buy a more efficient car. At current replacement rates, the better part of a decade will pass before the current generation of gas guzzlers is retired to be replaced by more efficient cars, if — and it is a big if — there will be enough of them at the right price.

People are not going to be switching to public transportation because we have no public transportation. The exception is in a few — a very few — of the biggest cities. The figures bear the statement out. An average family will take 3,090 trips to work, play etc. in their cars in the course of a year. In the same year, they will take 58 rides on public transportation. What can people do? Some will bicycle, but since the streets and highways are not designed to protect cyclists, it’s unlikely bikes become a major way to travel. For now, there is little choice but carpooling on a heretofore unknown scale. A number of carpooling Web sites are popping up. We may be near the end of cheap long-distance travel, with young people looping around the globe and families flying 1,000 miles to Disneyland. Jet flight might revert to a former era, when the few and the rich went first class and everybody else is crammed in coach. And it remains to be seen if an untraveled America will be a more isolationist, provincial America. The jump in oil prices has hit too fast for us to do anything but improvise. There has been no planning, no steps taken to prepare the society for the shock. The price of oil continues to rise, but at some point, it is going to go down. It will not stay down, however, and next time it spikes, we had best be ready.


Nicholas von Hoffman writes regularly for The Nation and is a columnist for the New York Observer.

 
 
MMMpod
The June edition of MMMpod features an interview with Perry Farrell on getting Jane's Addiction back together, as well as a talk with actor Ed Helms about his love/hate relationship with a capella music. We also have new music from Phoenix, Magic Magic, Lady Sovereign, and a classic from Booker T. & the MGs. As always, there's a chance to win a whole lot of free music.
 
Metro Life Panel