Daily Archives: February 1, 2009
Well, it was a round-about way of getting there, but Washington has achieved its goal
Housing affordability index at highest level since 1971. This is what politicians of all stripes, from George Bush to Ted Kennedy to Dodd/Franks all said they wanted to achieve. They didn’t tell us they’d do it by wrecking the world’s financial … Continue reading
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Would a real estate guy lie to you?
Now is the perfect time to invest in Abu Dhabi real estate! The real estate market in Abu Dhabi has become tempting for investment because of the decline in prices due to the global financial crisis, a member of the … Continue reading
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Phew! Madoff dodges a bullet!
A federal inmate’s lawsuit against Madoff has been tossed out of court as “frivolous”. Jonathan Lee Riches, who is currently incarcerated in a South Carolina federal prison after being convicted of wire fraud, filed a hand-written motion in early January … Continue reading
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When you hate humanity, it’s easy to cheer on its demise
Global warming nut and Al Gore ally Jonathon Porritt: Use contraception and abortion to limit families to two children COUPLES who have more than two children are being “irresponsible” by creating an unbearable burden on the environment, the government’s green … Continue reading
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Chris Dodd, scoundrel
The Hartford Courant continues to bash our Senator Dodd for his repeated refusal to release loan documents showing the details of the sweetheart deal he received from Countrywide Mortgage, once a large contributor to his coffers. Sen. Dodd: Release The … Continue reading
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Cutbacks and layoffs at Sotheby’s as losses mount
No, not the real estate division of Realogy, the art auction house, which no longer has any connection with the house peddlers other than a shared name. Still, if the very people who used to buy our houses are now … Continue reading
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Rent vs. buy revisited
There’s a discussion going on in the comment section on another posting on the merits of renting vs. buying. I thought I’d move my response over to this main page and invite everyone to chime in. I never claim to … Continue reading
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Obama solving deficit crisis, one nominee at a time
Someone more original than I has pointed out that Obama just picks a Democrat with huge unpaid, undisclosed tax liabilities and nominates him for a cabinet position. Presto. Can we expect Charles Rangel to be our next Minister of Tourism?
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Good thing I wasn’t counting on this blog to secure my retirement
Pajamas Media, a loose collection of my kind of bloggers (small government types, mostly) isn’t cutting it as a business model. The bloggers will keep blogging, which I understand – as I discovered long ago, writers have to write, while … Continue reading
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Before the collapse,Bernie and Peter Madoff’s wives applied for Florida homestead exemptions
Turns out that Dickie Fuld wasn’t the only troubled Wall Streeter who used Florida’s shield to protect his assets by transferring property to his wife. The older Madoffs did too, at a time when Peter Madoff, at least, claims he … Continue reading
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