John Travolta’s Back Yard

John Travolta’s Back Yard

Travolta’s Florida mansion looks more like an airport

John Travolta is an interesting paradox. Yes, every last blade of grass is online, but it’s all the stuff on it that causes the commotion. The man is telling people to conserve resources (he encourages his fans to “do their bit to tackle global warming”). but there it is– his Florida estate filled with custom jet aircraft–a 707, two or three Gulfstreams, a Lear jet–all parked along the neat golf course-like landscaping, somewhere near the huge swimming pool (though at first you might mistake it for Lake Okeechobee), not too far from the SUV fleet which is sort of intermingled with the Yankee Stadium class array of lighting equipment. Yes, I’ll admit, I’m jealous. (Pics)

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Home Prices Down a Record 10.7% but Wall Street Yawns

Home Prices Down a Record 10.7% but Wall Street Yawns

Home prices fell the most on record in January while consumer confidence in the U.S. economy plunged this month, according to separate reports published yesterday.

While the reports reaffirmed pessimistic views that the country has entered a recession or is at least in a severe downturn, Wall Street greeted the news with a collective ho-hum.

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