2.5 MILLION HOMEOWNERS HAVE LESS THAN 5% EQUITY - WHAT ABOUT 10%?? THE BANKS AND LENDERS "MUST" MAKE SHORT SALES EASIER AND FASTER TO COMPLETE!!! QUESTION: How much equity MUST a homeowner have to sell and at least break even...no cash out of pocket? 10% right? MSNBC.com has an interesting stor
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01/27/2011
As we take a moment to reflect on the happenings in 1968 and the surrounding years, let us remember that a great many leaders did not survive to complete their work in America. Those who don't learn from history are condemned to repeat the same tragedies of history. Enjoy the day off and remember
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01/17/2011
HOW DO YOU KILL A STATE? - ANYWAY? JERRY BROWN'S "FALSE CHOICE SCENARIO"... This week, Jerry Brown, the new Governor of CA made his decision to do TWO things to cure CA's financial DEVASTATION (he started the ball rolling on all of this when he last our Governor 30 years ago). He gave the Voters
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01/15/2011
HOW DO YOU KILL A STATE? - ANYWAY? CALIFORNIA - This just in: Jerry Brown has discovered that the Hidden Accumulated CA Deficit is projected to be $46 Billion during fiscal 2011-2012! This does NOT count the unfunded liabilities for Pension funds and MediCal (California's special brand of Medica
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01/12/2011
HOW DO YOU KILL A STATE? - ANYWAY? It isn't really that easy! It takes Time, Effort and Thoughtlessness. Over-promise and Under-deliver is a major necessity. When the "boys" came home from WWII, the Country and CA was growing by leaps and bounds. Homes, highways and neighborhoods as well as, C
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01/11/2011
HOW DO YOU KILL A STATE? - ANYWAY? You run up $25 BILLION dollars of deficits and INSURE continuing deficits of $10 BILLION dollars every year for the next 10 or more years into the future...maybe more. That'll do it! Then, when you've run up all the financial problems THEN throw in a heaping he
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01/10/2011
In mid-2010, when California needed to construct a budgetso that IOUs wouldn't be necessary, AGAIN, as payment for everything, including State Employees and MediCal (Medicaid)...the State Representatives just pretended all was well, pretended that things were Okay...that money would be coming in.
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01/09/2011
Ben Bernanke just testified before the banking committee and broke the news to everyone that the economy is still in DIRE SHAPE and not to expect job growth for the next two to three years. He expects unemployment to be at least 8% through 2013 maybe longer. LET ME SEE...WHAT CAN PEOPLE WITH NO
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01/07/2011
AND I QUOTE: "He who controls the past controls the future, and he who controls the present controls the past" The NEW guys in town "edited and censored" the Constitution! The founding documents of America were too controversial for some folks to handle... ...so they left out the 3/5ths Clause
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01/07/2011
If you want to know about the 2011 Real Estate Recovery, Google Thomas Sowell's blog called Saving the Housing Market. I enjoy Thomas Sowell because he tells it like it is...as I have been saying... THERE WON'T BE A RECOVERY UNTIL THERE IS A BOTTOM! A REAL BOTTOM WHERE THE OVERHANG OF FORECLOSUR
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01/05/2011
