Palm Springs Realtor | Broker Associate
Windemere Real Estate Palm Springs, Windemere Palm Springs South, Gay Realtor, Gay Broker, Palm Springs Mid Century Homes, Palm Springs Realtor
ARCHIVED BLOG POSTS
2008
Last week on the day the stock market plunged over 500 points, McCain agreed with President Bush that "the fundamentals of the economy are strong." McCain has actually said: "The issue of economics is not something I've understood as well as I should." He also said that in choosing a vice preside...
09/21/2008
This morning I read a startling article from Reuters: WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said Sunday that foreign banks will be able to unload bad financial assets under a $700 billion U.S. proposal aimed at restoring order during a devastating financial crisis. Paulson said ...
09/21/2008
I subscribe to a weekly newsletter published by a Californian firm of attorneys (Adams Kessler) that specializes in Homeowner Associations and The Davis-Sterling Act. There was a question and answer in the latest newsletter that made me shake my head and think about how some people rationalize si...
09/21/2008
Originally listed at $26,250,000 in March this year, the rare and historic Cecil B. DeMille estate is still available For Sale, but now at a reduced price of $23,950,000. Orginally built in 1913, the 11,000 sq ft house is set on over 2 acres in a gated area of Los Feliz (on DeMille Drive). The ma...
09/19/2008
Yet another famous multi-million dollar Beverly Hills mansion is up For Sale - this time it's Pickfair - the legendary estate of Hollywood icons Mary Pickford and Douglas Fairbanks Sr. and until not too long ago the home of Pia Zadora. She purchased the house in 1988 form the Los Angeles Lakers o...
09/18/2008
The latest proposal to solving the current financial crisis is to create a Resolution Trust Corporation (RTC). The suggestion of such a course of action resulted in the Stock Market surging and the Dow Jones Index racing up over 400 points. Effectively, a RTC would create a market for assets that...
09/18/2008
A few day s ago I received my Social Security Statement in the mail. While reading through the 4-page document I began to think about the enormous problems facing the system - and further refelcted on the inequality and injustice of the system. Two immediate issues struck me: ISSUE # 1: The Stat...
09/17/2008
Another famous mega-million dollar Beverly Hills Mansion is up For Sale. Samuel Goldwyn Jr. has listed his Georgian style home for $24 Million. Built in 1934, the house is owned by Samuel Goldwyn Jr., son of movie-mogul Samuel Goldwyn (Co-founder of Goldwyn Pictures). The property has never befor...
09/17/2008
The U.S. government took control of American International Group Inc. in an $85 billion bailout to prevent the bankruptcy of the nation's biggest insurer and the worst financial collapse in history - Bloomberg.com AIG posted losses of $18 Billion in the last year while providing insurance on mor...
09/17/2008
McCain and Palin claim to be the agents of "Change" and state they will reform Washington. However, their actions today are anything but "change" or reform ... instead it's more of the same Republican arrogance. Palin and her aides are working overtime and behaving with an unacceptable self-right...
09/16/2008
Rainmaker
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COMPASS PALM SPRINGS | Stewart Penn
COMPASS Palm Springs - Broker Associate
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