Free Republic

A state law maker from San Diego says short-term investors are contributing to the housing crisis. Now he’s introduced a Bill he says will give average people a chance to own a home again. Flipping houses is nothing new. You purchase a property, make necessary changes and then sell it for a profit.

"But we wanted to finally do something to show that there's a lot of Newfoundlanders who support the industry. So we came up with the idea where we actually are giving out seal flippers via donation." Each package includes two seal flippers, cleaned and vacuum sealed in South Dildo. (Ryan Cooke/CBC) Each package comes with two cleaned and vacuum sealed flippers from the Carino Seal Plant in South Dildo. Shears said donations will go toward Sharing the Harvest.

From:hms@sandlerfoundation.org To: ses@sandlerfoundation.org, james@sandlerfoundation.org Date: 2015-06-22 18:26 Subject: FW: PICO: Vatican Visit I thought you might find this of interest. From: Knaebel, Sergio Sent: Monday, June 22, 2015 12:58 PM To: Sandler, Herbert Subject: FW: PICO: Vatican Visit Herb, In case you did not get this from Steve. Sergio Knaebel Grant Director Sandler Foundation sknaebel@sandlerfoundation.org From: Scott Reed [mailto:sreed@piconetwork.org] Sent: Thursday, June 18, 2015 8:39 AM To: Knaebel, Sergio Subject: PICO: Vatican Visit Hi Sergio: I just sent a note to Steve with this summary of our visit to the Vatican. I look forward to talking soon. PICO sent a...

In mid-September, a CNN Money headline reassured investors: Our Long National Foreclosure Nightmare Is Over. Sounds great! Now we can finally relax and be glad that Henry Paulson, the Fed and the Big Bankers saved us from the apocalypse.Wait a second. Not so fast. Before you breathe a sigh of relief, why don't we take another good look at the real state of housing markets now. Let's examine some important charts, graphs and tables that the media does not cover. Inventory of Homes for Sale: What It Tells UsIn numerous articles over the last two years, I have emphasized the...

I think the poor need another Reagan in the White House. The income of black heads-of-households dropped by 10.9 percent from June 2009 to June 2013. This decline in black income is more than double the overall 4.4 percent drop nationally in real, adjusted for inflation, median household income during the same four years of alleged “recovery.” In dollar terms, the median income per year ... in female-headed households and black households has dropped, respectively, by $2,300 and over $4,000 since Obama's stimulus-led “recovery” began in June 2009. The CBO report shows that after-tax household income, adjusted for inflation, increased...

Longtime readers of WUWT may remember this story from 2008:Nutty Story of the Day: “Global Warming” is Killing the Penguins in AntarcticaThe root of this goes back as far as 2006, such as this MSNBC story:click image for the story at MSNBC.com Now it appears that assertion of a link between global warming and penguin deaths is dying  faster than the penguins themselves. In what appears to be a manifestation of the observer effect problem in science (the act of observing changes the outcome) we have this article from the science journal Nature that says the act of tagging penguins so...

Next month, Michelle Augustine plans to walk away from her four-bedroom house in a Sacramento, Calif., subdivision and let the property fall into foreclosure. But before doing so, she hopes to lock in the purchase of another home nearby. SNIP In markets hit hardest by falling home prices and rising foreclosures, lenders and brokers are discovering a new phenomenon: the "buy and bail," in which borrowers with good credit buy a new home -- often at a much lower price -- then bail out of the "upside down" mortgage on their first home.

Buyers looking for quick turnover, fast profit losing gamble in Nevada LAS VEGAS — In the rampant real estate speculation of the Las Vegas valley three years ago, people lined up outside Pulte Homes sales offices overnight as if they were waiting for the release of the latest video game console or hot new movie. Having seen his house in an upscale part of suburban Henderson, Nev., jump $200,000 in value in 18 months, Sam Schwartz felt he couldn't miss any part of the boom. He spent the night in the parking lot with TV, snacks and drinks, along with...