Columns

Here we go again

A huge warehouse. Rival gangs. Bad blood. It all came together when a group of gangsters, dressed as outsiders, surprised their rivals and murdered them in cold blood on a cold February day. We all know the story: the St. Valentine’s Day Massacre in Chicago, Feb. 14, 1929. Actually, no. The gang rub-out described above refers to the Wah Mee Massacre of Feb, 19, 1983, which took place in Seattle. Thirteen gangsters were brutally murdered as opposed to the seven who were killed in Chicago, thus making it the worst mass gang slaying in American history. And yet, no one …

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City of my soul

I first journeyed to Matera, Italy, in 1985. It’s found in southern Italy in a once impoverished region of Basilicata. The city has been inhabited by man since the paleolithic era and is touted by some as the longest continually lived-in community on Earth. It’s extensive cave-like dwelling districts, the Sassi, are a marvel to behold. Witnessing Matera from across its massive ravine, one comes to appreciate why it’s been known as the underground city. It appears as it has since the time of Christ, so much so that Matera has frequently been used as the background for biblical films, …

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We’ve endured far worse

I can’t recall the last time a film was as simultaneously popular and polarizing as “Green Book.” The story about the unlikely friendship that blossoms between a casually racist Italian-American bouncer and an elitist African-American concert pianist during a road trip through the South in 1962 was a fan favorite, earning $322 million at the worldwide box office. It also cleaned up during awards season, netting Oscars as well as Golden Globes for best picture, supporting actor and original screenplay. But the cinematic rendition of the real-life sojourn taken by Frank “Tony Lip” Vallelonga and Don Shirley attracted as much …

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We deserve better

“In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons … who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.” No, that’s not a quote from a conspiracy theorist. Nor does its vaguely sinister overtone belong to someone like Josef Goebbels, Hitler’s vile minister of propaganda. Ironically, it’s a quote from Edward Bernays, the brilliant 20th-century American credited as the father of …

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To go and return

On any given day, the most commonly talked about activity is where one is going. We make plans, we go, we return, we talk about our activities along the way, and then we talk about where we went once again at the end of the day! To talk about where one has to go on a certain day seems easy at first. We learn about the Italian verb “to go,” which is andare, in every beginning course in Italian.  The Italian verb andare is a bit tricky to use, though, so let’s go through a few pointers. The first thing …

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St. Anthony’s is alive and well!

The Chicago Catholic has been reporting a lot lately that the Chicago Archdiocese is going through many changes, and we know that it will continue to do so for the foreseeable future due to the ever-changing demographics of Chicago and its suburbs. Parishes are being closed or consolidated a couple of times a year, sparking valiant rescue efforts by the affected parishioners. Roseland’s St. Anthony of Padua Parish has not been affected or mentioned in these announcements. Many Roselandites have wondered whether our St. Anthony’s has closed. These are usually former residents who haven’t been back to Roseland in 40 …

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So your home hasn’t sold

Has your property been on the market for what seems like forever? Many different factors can keep a home from selling, not the least of them being the asking price. More often than not, though, there are one or two reasons that your home is still on the market. Does your property have gorgeous hardwood floors that have been covered by that old pink carpet for 30 years? Remember in this business first impressions means everything! If a potential buyer does not like what they see in the photos, they will never come visit your home in person. My suggestion …

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Re-financing in uncertain times

The Fed lowered rates three times the second half of 2019 trying to avert a potential slowdown in the economy. So far, they’ve done a good job. At the end of 2019, the unemployment rate stood at 3.5 percent and all three equity indices stood at near or all-time highs. Mortgage rates stood at near historic lows with the 30-year at 3.5 to 3.875, the 20-year at 3.375 to 3.750 and the 15-year at 3.125 to 3.375. Where are mortgage rates headed from here? According to economists from Fannie Mae and Freddie Mac, mortgage rates should slightly trend down in …

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Let’s email!

Talking about the concept of email in Italian is tricky.  For one thing, the word “email” is an English abbreviation for “electronic mail,” and this abbreviation is not easily translated into Italian. For another thing, the way English speakers and Italians talk about email has evolved with each technological advancement in communication, and will probably continue to change in the future.  We may find that the terms we use in this blog today have been abandoned for different terms tomorrow! But, let’s try anyway to talk about email the way Italians do — at least for now and hopefully into the …

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A look at 1031 exchanges

One of the downsides of selling an investment property is the capital gains tax that the IRS requires you to pay. But the IRS also provides you with an out know as the 1031 exchange. This method allows you to defer capital gains tax liability when selling an investment property by purchasing another like-kind property with the profit gained by the sale of the first. There are guidelines that must be followed and conditions that must be met in order to qualify, and that process starts with filling out the necessary paperwork providing information about the properties you’re looking to …

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