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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
Posted in California, economics, Economy, Politics, Real Estate, Tax
Tagged apartment owners lobbyist Howard Jarvis, ballot measure, california attorney general, California secretary of state, constitutional amendment, Edmund G. ("Jerry") Brown, Frank D. Walker, George Skelton, governor of California, income tax rate, initiative, Jr., land rent tax, los angeles times, official title and summary, overhaul California's tax system, personal income taxes, petition signatures, Proposition 13, Prosper California, referendum, severance tax, southern california attorney, tax on market rental value of land, voter petition signatures, Yisroel Pensack
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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
Posted in Banks, Books
Tagged congressman ron paul, dennis prager, economic disasters, fannie mae and freddie mac, steve forbes, washington congressman
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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
Posted in Banks, fannie mae, Foreclosure, freddie mac, mortgage, Politics, Refinance
Tagged community reinvestment act, community reinvestment act 1977, dennis prager, fannie mae and freddie mac, income minorities, tom sowell
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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
Posted in Banks, Foreclosure, mortgage, Politics, Refinance
Tagged 30 year fixed mortgages, dollar volume, goldman sachs, jpmorgan chase bank, mortgage interest rates, peak level
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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
Posted in mortgage
Tagged commercial lender, conventional loans, credit checks, credit qualification, debt ratios, interest rate reduction
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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
Posted in Ads
Tagged coffee drinker, cup of joe, dee licious, former lover, gourmet coffee, great taste
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