bailout: Congress - Going Broke Selling Liquor & Women.
- 12/20/08 03:12 PM
There used to be a place
in Nevada you might have heard of. It was called the Mustang
Ranch and it was a legal brothel - had been in business
for years, had people lining up to visit.
Well, in 1990 the
government seized the Mustang
Ranch for tax evasion and, as required by law, they tried
to run it. They failed and it closed.
Today we're trusting our
economy, our country and $2+ Trillion Dollars of bail-out cash to this
pack of nit-wits who couldn't
make money running a
bailout: NAR Four Point Stimulus Plan - A Call To Action!
- 11/13/08 08:04 PM
11-13 call to action
On Monday I wrote a post from NAR
regarding their Four
Point Housing Stimulus program. Today that program came out
to us in the form of a Call to
Action from the Realtor Action Center.
Coincidentally, it was announced on the same day that Sec. Paulsen
decided our $700 Billion bail-out package was going to the wrong people
by being earmarked for people in trouble on their mortgages and that
the money should instead go to buy interest in banks, help banks buy
other banks and maybe bail-out GM
bailout: The Trillion-Dollar Bank Shakedown That Bodes Ill For Cities - Obama & Acorn
- 09/29/08 04:07 PM
As you read that
headline you might be tempted to believe the article is about the
current financial crisis, right up to the trillion dollar pricetag.
What is surprising is that the article appeared in The
City Journal in their Winter 2000 issue! I have excerpted
a few lines from this very
long and very informative read which raises many of the
issues we are facing today. Critics of this program gave voice to the
same concerns we have today but they only thought the results would
have a negative impact on some cities -
bailout: Republican Congressman Opposed Current Bail-Out Proposal
- 09/29/08 01:48 PM
9/29 issa newsletter
long been aware of the high esteem I hold one of my Congressional
Representatives, Darrell Issa (not). In my humble opinion, Issa is one
of the emptier suits
clogging the halls of Congress. He has rarely, if ever, come down on
the right side as far as Realtor issues, banks in real
estate, private property rights,
etc. However, even a blind pig finds an acorn once in awhile. In his
current newsletter, Issa makes some valid points
on the current bail-out proposal and, giving the devil his due, I pass
bailout: Dr. Greenspanstein's Monster & Gambler Mae
- 01/17/08 11:47 PM
Well, here's hoping you're safely through the holidays, and that Santa, in his munificence, deposited more than the richly deserved lumps of coal in your moth eaten stockings. With that cheery greeting, let's start the year with a slap in the yap from the housing market. I know I told you about the light at the end of the tunnel last month but we're not out of the tunnel yet - so keep slogging.
I keep getting asked about the various ‘bail-out' packages being proposed by every sop from Sacramento to DC. So I'll just ask you - do you think