Thursday, September 17, 2009
Wednesday, September 16, 2009
BigGovernment.com
The community organizing group ACORN has been decimated in less than a week by a blog by Andrew Breitbart. Check out the videos to see why. www.biggovernment.com
Friday, September 11, 2009
Tuesday, September 8, 2009
Wednesday, September 2, 2009
Calculated Risk: CNBC: What Banks are doing with Foreclosures
Calculated Risk: CNBC: What Banks are doing with Foreclosures
For the rest of 2009, the demand for housing will be significantly artificially inflated by the $8000 tax credit the government is providing for new home buyers. As we have seen in the Cash for Clunkers program, demand will fall off a cliff after the program expires (unless Congress passes an extension to the home buying credit, but they didn't extend Cash for Clunkers, so they probably won't extend the home buying credit)
With the waves of foreclosures happening later this year and in early 2010 at the same time the homebuyer credit expires, there will be a rising supply and a falling demand. This means that prices must drop to a point where supply can meet demand.
For the rest of 2009, the demand for housing will be significantly artificially inflated by the $8000 tax credit the government is providing for new home buyers. As we have seen in the Cash for Clunkers program, demand will fall off a cliff after the program expires (unless Congress passes an extension to the home buying credit, but they didn't extend Cash for Clunkers, so they probably won't extend the home buying credit)
With the waves of foreclosures happening later this year and in early 2010 at the same time the homebuyer credit expires, there will be a rising supply and a falling demand. This means that prices must drop to a point where supply can meet demand.
Sunday, August 30, 2009
Michael Eisner, former CEO of Disney
I bet there are lots of people at Disney who cringe when this guy gets up to take credit for all of their creativity because he "micromanaged" them to greatness, but it's still a decent talk. Not great, but decent.
Saturday, August 29, 2009
Friday, August 28, 2009
Sunday, August 23, 2009
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