ARCHIVED BLOG POSTS
2009
4
Comments
CNN just reporting that talks with Chrysler's lenders has broken down. Evidently Chrysler will be filing for bankruptcy protection today. This is a sad day in automotive industry. The fate of 54,000 American auto workers are in question. Obviously this news will be impacting today's stock mar...
04/30/2009
5
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I know, I know. I am a custom homebuilder and not a real estate investor. But, if this keeps up, I will soon start calling myself an investor and quit building homes forever. Got a new idea here. Besides buying residential and commercial shorts, and high end residential shorts, I am now working o...
04/30/2009
3
Comments
To all parents with "kids in college experience", What is your position on which university/college to attend? Did you go out of state because it was a better school or in state to keep costs down? Were you/your kid able to get loans? Or did you need loans in this case? Any other input ideas woul...
04/29/2009
0
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While Larry Kudlow is not afraid to turn weeds into mustard seeds, I will give him this, he's also not afraid to call bull on what is taking place with TARP. In his latest bog post Kudlow illustrates how Special Inspector General Neil Barofsky's report into TARP has "opened 20 criminal probes int...
04/29/2009
3
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I have been buying short sales for a few months now. 6 going on 7 to be kind of exact. Business has been brisk to say the least. In my opinion short sales in the US are still an expanding market. Maybe not everyone has heard about the Stimulus Package yet. But I digress. As an investor (new to th...
04/29/2009
1
Comments
Congress is debating the largest tax increase in history. Hearings began last Tuesday afternoon in the Energy and Commerce Committee on the "American Clean Energy and Security Act," otherwise known as the The Cap-and-Trade Energy Tax. Cap-and-Trade is a tax on coal, oil, and natural gas but i...
04/29/2009
Omnibus. The word means for everyone. In law it means a law which contains many laws or amendments. So basically what we have in this instance is a law that contains many laws, and they are for everyone. No wonder all of the so called laws that pass through our congress have names that go on fore...
04/28/2009
4
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At least once a week we like to have a movie night at the Robinson household. We try to watch movies that are fairly uplifting and include a good message. That is getting harder to do with some of the current movies on the scene. But, we found a good one this week. Last night we watched a movie c...
04/28/2009
4
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For all of the agents out there who need buyers, here is one for you. I am looking for preforeclosure short sales. Residential homes in very nice areas. Prefer short sale package to the bank already and BPO done but that is not a must. I have cash and am currently looking right around the $1M mar...
04/28/2009
8
Comments
Our little Tea Party just keeps on growing. I started it out of extreme frustration on March 21st of this year with a yell out to all of us who are getting sick and tired of the way our government spends money. As of this moment we have 48 members and 239 posts in Tea Party. Not bad I do not thin...
04/27/2009
