Schwarzkopf on Terrorists - 01/30/10 08:11 AM
 
 
In  a recent interview,  General Norman Schwarzkopf was asked if he thought there was room for forgiveness toward the people who have harbored and abetted the terrorists who perpetrated  the 9/11 attacks on America.   His  answer was classic Schwarzkopf.
The  General said,
"I  believe that forgiving them is God's function.   OUR job is to arrange the meeting.   
… (2 comments)

809 AREA CODE----Important ! Please Read - 01/29/10 09:16 AM
                     We actually received a call last week from the 809 area code. The woman said 'Hey, this is Karen . Sorry I missed you--get back to us quickly. I have something important to tell you.' Then she repeated a phone number beginning with 809 We didn't respond.  Then this week, we received the following e-mail: Do Not DIAL AREA CODE 809, 284, AND 876  THIS IS VERY IMPORTANT INFORMATION PROVIDED TO US BY AT&T. DON'T EVER DIAL AREA CODE 809   This one is being distributed all over the  US .. This is pretty scary, especially given the way they try to … (4 comments)

Real Estate Rate and Market Indicators - 01/28/10 08:31 AM
The market is off to a good start on this very busy Wednesday morning. The only data released this
morning was New Home Sales which missed expectations much the same way that existing home sales did.
The median home price did rise, but so did inventory. The largest declines in sales were seen in the South
and the Mid-West. The Northeast and West saw increases.
The real action, however, gets started later this morning. The two big events of the day are the FOMC
announcement and the Treasury's auction of 5yr notes. Yesterday's 2yr auction went well and the
expectation is … (2 comments)

Wordless Wednesday - 01/27/10 11:43 AM

… (4 comments)

Morning Humor - 01/27/10 11:40 AM
A guy stuck his head into a barbershop andasked, "How long before I can get ahaircut?"
The barber looked around the shop full ofcustomer and said, "About 2 hours."
The guy left.
A few days later, the same guy stuck his headin the door and asked, "How long before I can get ahaircut?"
The barber looked around at the shop andsaid, "About 3 hours.."
The guy left.
A week later, the same guy stuck his head inthe shop and asked, "How long before I can get ahaircut?"
The barber looked around the shop and said,"About an hour and a half."
The … (3 comments)

545 vs 300,000,000 - 01/27/10 09:15 AM
EVERY CITIZEN NEEDS TO READ THIS AND THINK ABOUT WHAT THIS JOURNALIST HAS  SCRIPTED IN THIS MESSAGE.  READ IT  AND THEN REALLY THINK ABOUT OUR CURRENT POLITICAL DEBACLE.
Charley  Reese has been a journalist for 49 years.
545  PEOPLEBy Charlie Reese
Politicians are the only people in the world  who create problems and then campaign against them.
Have you ever  wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?
Have you ever wondered, if  all the politicians are against inflation and high taxes, WHY do we have  inflation and high taxes?
You and I … (1 comments)

Real Estate Rate and Market Indicators - 01/26/10 04:50 PM
Last week brought big improvements in mortgage interest rates despite a plethora of bad news. The final piece of unsettling news came Friday afternoon when Barney Frank said his team which oversees Fannie and Freddie would recommend the end of times for the two age old mortgage companies. Mortgage-backed securities continued their rise last week sending mortgage rates which move the opposite down. The benchmark 10 year treasury yield, used to forecast mortgage interest rates dropped significantly last week and today is at 3.62, up 0.23 (+6.78%) on the day. The benchmark yield was below 3.2 when mortgage interest rates dipped … (0 comments)

Morning Humor, Girls Getaway - 01/26/10 09:48 AM
… (5 comments)

Real Estate Rate and Market Indicators - 01/26/10 09:43 AM
Tuesday, January 26, 2010 7:10 AM
Price Trend: Positive
Price Volatility: High

_________________________________________________________________
Current Conditions:

FNMA 4.5 100-30 (+4)
GNMA 4.5 101-08 (+5)
10yr Yield 3.609
Today's Economic Data
(PST)

Case-Shiller Home Prices 5:00
Consumer Confidence 7:00
_________________________________________________________________
Commentary:

Bonds are off to a good start this morning after a lackluster performance yesterday. The Case-Shiller Home
Price Index showed that prices fell 5.3% in November from one year earlier. On a monthly basis they fell
0.2%. This was a little worse than anticipated. There were some markets that showed monthly appreciation
including San Diego, San Francisco and … (1 comments)

Lee Iacocca on Obama - 01/26/10 09:38 AM

 
Remember Lee Iacocca, the man who rescued Chrysler Corporation from its death throes?  He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?'.Lee Iacocca Says: 'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage with this so called president? We should be screaming bloody murder! We've got a gang of tax cheating clueless leftists trying to steer our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even run a ridiculous cash-for-clunkers program without losing $26 billion of … (6 comments)

Real Estate Rate and Market indicators. - 01/25/10 01:19 PM
Monday, January 25, 2010 7:10 AM
Price Trend: Negative
Price Volatility: High

_________________________________________________________________
Current Conditions:

FNMA 4.5 100-30 (-1)
GNMA 4.5 101-06 (-2)
10yr Yield 3.613
Today's Economic Data
(PST)

Existing Home Sales 7:00
_________________________________________________________________
Commentary:

Today starts a very busy week in the bond market. The economic calendar is full. The Treasury has 3 days
of auction. And, last but not least, the FOMC meets for the first time in 2010. Expect volatility to be high.
The data got started today with a very disappointing existing home sales report. Sales of previously owned
homes fell by … (1 comments)

Retirement Plan - 01/25/10 01:15 PM

Outside England's Bristol Zoo there is a parking lot for 150 cars and 8 buses. For 25 years, its parking fees were managed by a very pleasant attendant.The fees were £1 for cars ($1.40), £5 for busses (about $7).
 Then, one day, after 25 solid years of never missing  a day of work, he just didn't show up; so the Zoo Management called the City Council and asked it to send them another parking agent.
The Council did some research and replied that the parking lot was the Zoo's own responsibility. The Zoo advised the Council that the attendant was … (1 comments)

New Study Concludes Speaking English could be bad for your Health - 01/19/10 10:56 AM
Q: Doctor, I've heard that cardiovascular exercise can prolong life. Is this true?A: Heart only good for so many beats, and that it.. Don't waste on exercise. Everything wear out eventually. Speed up heart not make live longer; that like say you can extend life of car by driving faster. Want live longer? Take nap.Q: Should I cut down on meat and eat more fruits and vegetables?A: You must grasp logistical efficiencies. What does cow eat? Hay and corn. What are these? Vegetables. So, steak nothing more than efficient mechanism of delivering vegetables to system.. Need grain? Eat chicken. Beef also … (2 comments)

George Carlin on aging! - 01/07/10 07:42 AM
George Carlin's Views on Aging Do you realize that the only time in our lives when we like to get old is when we're kids? If you're less than 10 years old, you're so excited about aging that you think in fractions. 'How old are you?' 'I'm four and a half!' You're never thirty-six and a half. You're four and a half, going on five! That's the key. You get into your teens, now they can't hold you back. You jump to the next number, or even a few ahead. 'How old are you?' 'I'm gonna be 16!' You could be … (4 comments)

Realization - 01/05/10 12:13 PM
My dog sleeps about 20 hours a day.  She has her food prepared for her.  She can eat whenever she wants, 24/7/365.  Her meals are provided at no cost to her.  She visits the Dr. once a year for her checkup, and again during the year if any medical needs arise.  For this she pays nothing, and nothing is required of her.  She lives in a nice neighborhood in a house that is much larger than she needs, but she is not required to do any upkeep.  If she makes a mess, someone else cleans it up.  She has her choice … (5 comments)

Real Estate Rate and Market Indicators - 01/04/10 11:37 AM
Monday, January 04, 2010 7:10 AM
Price Trend: Positive
Price Volatility: High

_________________________________________________________________
Current Conditions:

FNMA 4.5 100-03 (+8)
GNMA 4.5 100-11 (+7)
10yr Yield 3.815
Today's Economic Data
(PST)

ISM Survey 7:00
Construction Spending 7:00
_________________________________________________________________
Commentary:

The Mortgage Backed Securities market is off to a good start in 2010. In spite of a robust ISM number and
a stock market that is up over 100pts, mortgages have posted gains this morning. The ISM survey showed
continued growth in the manufacturing sector posting its highest reading in over 3 years. The "prices paid"
segment of the … (0 comments)

Boycott Citgo and Pedro Express - 01/04/10 10:55 AM
IN  ORLANDO LAST WEEK, AT A CITGO STATION, REGULAR GAS WAS PRICED AT$2.82 PER GALLON, AND NO CUSTOMERS.              HOWEVER, ACROSS THE STREET FUEL WAS SELLING FOR $2.85  PER GALLON AND ALL PUMPS THERE HAD CARS WAITINGTO FUEL UP.     What's going on?    Word is getting around!!!!!  Read on:Have you noticed how the  CITGO signs have disappeared in the past 7-8 months?   A very clever move by Chavez.     But guess what, "CITGO" IS CHANGING ITS NAME, too...   This is serious, Americans,...make sure you read this very carefully. NEWS FLASH:Chavez is NOW getting a Russian Weapons Factory built by Putin. The RUSSIANS are building an AK -47 Kalashnikov AssaultRifle … (0 comments)

Hoover Dam Bypass - 01/04/10 10:49 AM
Creeping closer inch by inch, 900 feet above the mighty Colorado River, the two sides of  a $160 million bridge at the Hoover Dam slowly take shape.  The bridge will carry a new section of US Route 93 past the bottleneck of the old road which can be seen twisting and winding around and across the dam itself.  When complete, it will provide a new link between the states of Nevada and Arizona . In an incredible feat of engineering, the road will be supported on the two massive concrete arches which jut out of the rock face.  The arches are made up of 53 individual sections each 24 … (3 comments)