ARCHIVED BLOG POSTS

2009 

Billions of dollars from pension insurance funds held by the Pension Benefits Guaranty Corporation (PBGC) have been invested in speculative investments in emerging foreign markets, real estate, and private equity funds according to the Boston Globe, Michael Kranish. The federal agency that insure...
03/30/2009
The liquidation prices of REO properties and strong competition for buyers in markets with extraordinarily high numbers of REO properties is driving the 'fair market value' of homes to new lows and the liquidation of REO properties will probably cause an over-correction in the housing market. Acc...
03/27/2009
In the Pacific Northwest moss growing on your roof can affect the water tight integrity of your roof and if it gets too bad your insurance company may cancel your insurance policy or refuse to renew your homeowner's insurance until the moss is properly removed and the roof is inspected (FYI - Ins...
03/27/2009
According to the Oregon Parks and Recreation Department approximately 18,000 Grey whales will pass by in the 4 weeks from mid-March through mid-April in their yearly 10,000 mile migration from the Baja Lagoons of Mexico to their summer feeding grounds in the Bering Sea. The main body of whales is...
03/26/2009
It has never been more important for each and everyone of us to communicate to our elected officials about issues, priorities, programs, legislation, budget, and appointments. If you live in Port Orford I have provided the names, addresses, telephone numbers, fax numbers, and email addresses of y...
03/25/2009
It has never been more important for each and everyone of us to communicate to our elected officials about issues, priorities, programs, legislation, budget, and appointments. If you live in Port Orford I have provided the names, addresses, telephone numbers, fax numbers, and email addresses of y...
03/25/2009
The misadventures of Nana Jan, Nana Jan was inspired by her cooking muse and was carefully crafting a gourmet burger from some locally grown organic beef. She added garlic, basil, and goat cheese to the beef and methodically worked the ingredients until they were evenly blended. She carefully pre...
03/24/2009
Suppose we segregate the MBS and CDO assets currently held by banks into 3 separate tranches: Assets backed by Prime Mortgages; Assets backed by a blend of Prime and Sub-prime Mortgages; and Assets backed by Sub-prime and Alt-A Mortgages. Assets backed by Prime Mortgages were properly rated as AA...
03/23/2009
We had a spectacularly weatherful day here in Port Orford. Mother Nature appeared to be conflicted by Winter and Spring atmospherics. Consequently, we received intermittent rain, hail, and blue skies with beautiful long arching rainbows, loud surf, and greening pastures. The air was clean and enl...
03/22/2009
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Historically huge amounts of public funds measured in trillions of dollars are being allocated to private corporations who are then using the taxpayers money for protecting and preserving the status quo, rewarding wrong doers, and buying influence with politicians in office. Here is a quick revie...
03/22/2009
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GeorgeBennett

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