politics: Expanded comment... - 10/06/09 10:02 PM
There was a very long comment on a recent post. I felt in needed a long response. I'm not going to reprint the whole comment here... feel free to follow the links...
Here we go...
a) The fact that real estate is often a leveraged investment has absolutely nothing to do … (12 comments)
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politics: Let's increase the Home Buyer Tax Credit to $100,000... - 10/03/09 11:40 PM
And while we are at it, why don't we expand it to cover everyone. Do you think the NAR would get behind this?
Honestly, I bet that they would see that this would be ludicrous. Not that it wouldn't be GREAT for real estate agents, we would be rolling in it. … (143 comments)
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politics: Snarkaluffagus Anonimitous... Back Noise - 10/01/09 08:54 AM
While at New Media Atlanta last week I was introduced to a new tool toy. BackNoise. I think the easiest ways to describe it are as follows...
Back Noise: baak_noiz, 1. Useful tool to gauge reactions to speakers or other aspects of an event, allowing event participants to freely exchange information … (7 comments)
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politics: The Press is on... - 09/15/09 12:07 PM
I have recieved emails this morning from the NAR and from my local association regarding the $8,000 First Time Home Buyer Tax Credit. There is a full court press from the National Association of Realtors as well as the local associations to not only continue, but expand this program. And there … (30 comments)
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politics: Ok, this is a riot... - 07/25/09 03:10 PM
Do you ever just want to dance to the news? I don't... or at least I didn't... This was really fun, though and will give me a new little spin on the news.
BTW, I haven't really paid much thought as to whether they are coming down on the left or … (6 comments)
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politics: Burn, Baby, Burn... - 07/18/09 04:06 PM
I spent the morning doing yard work... I hate yard work...
And here is the problem. I have an azalea that gets out of control on one side of the house. It must REALLY like it there. And for several years it was almost no maintenance. It didn't grow much, but … (9 comments)
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politics: REEP and Cap & Trade - 07/05/09 09:46 PM
Changes might be coming... and they aren't good.
Buried in the 1500 page bill is a very long section on the Retrofit for Energy and Environmental Performance program, REEP for short.
It calls for varied provisions such as "Green Guidelines" for new and existing homes, Federal Code Inspectors for those provisions, … (6 comments)
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politics: How can there be success without failure? - 07/03/09 11:52 PM
It is an easy question, but I think it is VERY appropriate as we meander into the 4th of July holiday.
How can there be success without failure?
Our forefathers built a country that changed the world. On these shores, anyone could succeed. The Horatio Alger story could be real. A … (11 comments)
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politics: So, GM wasn't making what the public wanted? - 06/01/09 11:19 PM
I have a shocker for all of you that say this... from President Obama all of the way down to A|R members... and right through the media.
GM is the second largest maker of vehicles in the world.
Sure, they are behind Toyota. In 2007, the last year I could … (44 comments)
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politics: The FairTax is NOT a VAT... - 05/30/09 11:29 AM
I can't understand why politicians and the media can't understand some simple concepts sometimes.
Since the President and some of the Democrat leadership seem bent on taxing the ever-loving crap out of us while further eroding the economy, they have come up with the idea of a European style VAT (Value … (26 comments)
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politics: R-E-S-P-E-C-T - 05/25/09 06:35 PM
There were two things today that stuck with regards to respect. Both were connected to this holiday, Memorial Day. On this day we celebrate the fine men and women of our military, both past and present... especially those that made the ultimate sacrifice, giving their lives for our freedom.
This morning, … (12 comments)
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politics: Is this really the answer? - 05/24/09 11:44 PM
I wrote a post earlier today about Chrysler closing dealerships and the deals that might be possible because of the way they are going about this... And honestly, it really ticks me off.
The dealers got barely a month's notice that they were losing their franchises. And many of these same … (20 comments)
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politics: Chrysler's Biggest Challenge... - 05/11/09 04:52 PM
Here is the way things are scheduled to go down...
The UAW would own 55% of Chrysler
Fiat would own 35%
The US government and secured creditors would split the remaining 10%
Honestly, I don't like any of it... but the one that is the Fiat stake. At least they would … (12 comments)
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politics: Can I tell my sellers it is a good idea to offer seller financing? - 04/25/09 12:34 AM
Looking at the legislative landscape, I see a new danger on the horizon. In addition to the existant dangers of financing a mortgage for a buyer such as their credit-worthiness and ability to repay, there is another risk which could soon be inserted into the pool...
Cram-Downs
If you aren't already … (7 comments)
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politics: How well are my predictions doing? - 04/17/09 11:02 AM
While wandering through some old posts I ran across one of my prediction posts.
Lane's Top Ten Underdogs for 2009
It was interesting to look over. And I thought it might be fun to take a look at how I am doing on it so far...
10. GM still needs a … (5 comments)
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politics: I'm an Obama convert... An Obamaniac - 04/01/09 09:29 PM
I don't know when it happened... or exactly what it was that swayed me. Maybe it was the thought that corporate executives might have to form their own union to fight for pay raises. It could have been the plan to have the government control wages for all employees of all … (29 comments)
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politics: I'm from the government... I'm here to help... - 03/15/09 09:06 PM
No, I'm not. At least I'm not from the government. Thank God!
But, there is this cry from many... especially those looking for change... that people need access to affordable health care. They talk about all of the uninsured and that they can't get care (not true) and that any care … (23 comments)
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politics: Still think Cram-Downs are a good idea? - 03/01/09 10:16 PM
Ken Cook posted something today that was specifically about investor properties. Here is a link. Go read it... you should read his blog anyway.
What does it have to do with Cram-Downs?
Let me touch a couple of high points of Ken's post. These are the requirements to get ten Fannie … (4 comments)
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politics: The Power of Panic - 02/26/09 07:50 PM
Ken could NOT have written a better post. He summed up much of what is happening in the current panic incredibly well.
Please feel free to visit Ken's post to comment.
Via Ken Cook - Lender - Investor Specialist:
As I have written one of my favorite movie quotes of … (0 comments)
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politics: What would the Framers do? - 02/17/09 12:07 PM
If you've been listening to the radio lately... and it is a station that doesn't play a lot of music, you have probably heard of the "Fairness Doctrine". And, since talk radio is basically owned by the conservative side of the spectrum, you have probably heard the Fairness Doctrine railed against...
… (9 comments)
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