Showing posts with label Housing 2015. Show all posts
Showing posts with label Housing 2015. Show all posts
Sunday, December 13, 2015

P. J. O'Rourke explains why trouble making the mortgage, plundering a retirement account and buying stuff he can't afford all qualify Marco Rubio to be president

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Here : "Rubio owns houses that he has trouble paying for. We, the American people, own two houses (of Congress) and the White Hou...
Wednesday, December 9, 2015

Whenever the insane left (but I repeat myself) sees something big, it wants to take it, including your HOME

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Here in The Nation : 'Let's get rid of private housing. ... [R]eal estate is the most valuable asset form in the United Stat...
Sunday, October 11, 2015

Young "journalist" recently making $5,600 a month actually believes it's cheaper to eat out

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Seen here : 'Technology has had a hand in widening the wealth gap and eliminating much of the middle-class since this industry s...
Monday, September 28, 2015

Trump's tax plan released to the public today is ambitious and pro-growth

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The Trump tax plan can be reviewed here . Notable features include exemption from federal income taxation entirely for up to about 7...
Sunday, September 27, 2015

The endorsement of Ted Cruz by so-called values voters means little, except for Ben Carson and Donald Trump

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From the story at The Hill, here : Sen. Ted Cruz won the Values Voter Summit straw poll for the third year in a row on Saturday, a s...
Thursday, September 24, 2015

Trump's critics of his investment success need to get a new calculator, and some brains

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This morning on the Chris Plante Show on WMAL a caller complained that Trump inherited $200 million and that anyone could have $10 billi...
Thursday, September 10, 2015

Jeb Bush the snake: omitted plan to cap itemized deductions in Wall Street Journal tax op-ed

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Reported here : "But the full plan includes one very significant change not mentioned in the Wall Street Journal op-ed where Bush...
Friday, July 17, 2015

Hillary's latest whopper: "I called for cracking down on subprime mortgages"

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Yea, the ones who under her husband exploded in number by over 800% between 1993 and 1998. From the story here : "I was ala...
Saturday, June 13, 2015

Completed foreclosures in April 2015 reported by Corelogic still running 90% above normal

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The level has not budged much from October 2014 when there were 41,000 completed foreclosures. Seen here : There were 40,000 compl...

A healthy housing market would have 1-2% underwater, but we still have 15% with negative equity

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Mostly in the lowest third of valuation. From the Bloomberg story, here : "A decade after U.S. home sales peaked, 15.4 percen...
Friday, June 12, 2015

Underwater mortgages still number 8 million, down from 25.5 million in 2011

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From the story here : "Nearly eight million borrowers, or 15.4 percent of homeowners with a mortgage, still owe more than their h...
Friday, May 8, 2015

Ted Cruz is showing his true colors supporting the secretive Trans Pacific Partnership trade deal

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From the story here : "The issue is shaping up as a major 2016 presidential campaign issue, and Sens. Cruz and Rubio join former ...
Sunday, March 22, 2015

A pretty good litany of the grievances so far, with 21 months to go

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From Michael Goodwin, here : 'First he comes for the banks and health care, uses the IRS to go after critics, politicizes the Ju...
Sunday, February 15, 2015

Gretchen Morgenson smells a rat: Fannie/Freddie bailout cost us nearly $188 billion, but Treasury rakes in the profits

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Gretchen Morgenson for The New York Times, here : For decades, the companies had maintained that their mortgage operations posed no ri...
Thursday, February 5, 2015

Surprise: Lefty Michael Tomasky wants to punish the middle class with an increase in the regressive gasoline tax

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Here in "Pony Up, Middle Class, for a Gas Tax", recommending Hillary do it in 2017 like her husband did with income taxes in 19...
Monday, February 2, 2015

The housing bubble was mainly a middle class and higher phenomenon, not of the poor

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From Robert Samuelson, here : ". . . in poorer neighborhoods . . . the actual borrowers . . . were much richer than average resid...
Saturday, January 31, 2015

Kevin Drum admits ObamaCare is a cost to the middle class, not a benefit

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Here  in Mother Jones last November: [N]early all [ObamaCare's] benefits flow to the poor. ... winners are those with household ...
Tuesday, January 20, 2015

Obama's $500 tax relief is so George W. Bush 2.0

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Obama is to announce tonight not even inflation-adjusted George W. Bush-type tax relief to middle class families, as reported here , but...
Tuesday, January 13, 2015

The UK's Jeremy Warner joins the cognoscenti: high asset prices are going bye-bye

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Here : "It is as if all the inflation that used to go into consumer prices has been diverted into financial assets and real estat...
Wednesday, January 7, 2015

TARP ends, but conservatives still don't realize it was just a sideshow

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Existing crisis loans 1st of the month in billion$ That TARP was just a sideshow was not known at the time in 2008, but it should be k...