Monthly Archives: December 2009

Yisroel Pensack: Ballot Measure to Overhaul California’s Tax System Receives Clearance to Collect Voter Petition Signatures

The proponent of a constitutional amendment that would overhaul California’s tax system by abolishing or reducing taxes on earned incomes, commerce and industry has received authorization from state officials to solicit signatures needed to place the measure on next November’s … Continue reading

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How Capitalism Will Save Us

On Dec. 14, 2009, Dennis Prager interviewed Steve Forbes about his new book, “How Capitalism Will Save Us.” Steve: “When you look at economic disasters, it wasn’t some sudden failure of free people and free markets that caused the disasters, … Continue reading

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Tom Sowell Discusses His New Book – ‘The Housing Boom and Bust’

Dennis Prager talked to economist Tom Sowell, 79, on Dec. 15, 2009 about his new book “The Housing Boom and Bust”. Dennis: “Who caused this bust?” Tom: “Government. The people who were forced directly to make the bad loans under … Continue reading

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Despite A Trillion Dollars In Mortgage Intervention, Refinances Hard To Come By

Mortgage interest rates are at their lowest levels since the 1940s, but refinances are hard to come by. Regulators are pressuring banks to up their reserves, which means less money for loans. The bad economy also makes banks leery of … Continue reading

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Yisroel Pensack: Tax-Increment Financing for Transit Vetoed by Gov. Schwarzenegger

California Assembly Bill 338 (TIF for TOD) was vetoed by Gov. Arnold Schwarzenegger on Oct. 11. “This bill would eliminate voter approval requirements for the creation of an Infrastructure Financing District (IFD) and the issuance of tax allocation bonds by … Continue reading

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The VA Streamline

A guest post by Robert from VAloansguidelines.com: With interest rates hovering near record levels, thousands of veterans and their families are taking advantage of refinancing options provided by the Veterans Administration. Even veterans who purchased their home with a conventional … Continue reading

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Low Acid Coffee

I was a hardcore coffee drinker for years, someone who loved the great taste of a fresh brewed cup of gourmet java. Until my body said, Stop! The subsequent indigestion – call it coffee catharsis – was too great to … Continue reading

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