Owning A Home Was Not A Luxury - It Was A Must

The San Francisco Chronicle reports from California. “From her snug one-bedroom condominium near San Francisco State University, Lea Azucena has watched family members struggle against foreclosure. But Azucena is not worried about losing her home, even though she recently lost her job [more...]

Date: 2009-01-03 17:38:02

Blog posts (114) | Videos (28)
 

Quango Irish Bank.

So, starting close to home, finally, it’s Anglo Irish Zero ... more of the taxpayer’s cash, which means no new business; just switch off the ignition and run down the “bank” day by day. Anglo’s business model was never a “model” just a house of cards, and persevering [more...]

Date: 2009-01-16 02:21:50

January 10 2009: Hornswoggled Absquatulation

Russell Lee Tobaccy Candy 1940 Pool hall, Shasta County, California Ilargi: The revolving doors between Washington and Wall Street are swinging like never before. Lawrence Summers and Robert Rubin are the finance powerhouses in the upcoming Obama administration. They were in the exact same place 10 years ago [more...]

Date: 2009-01-10 16:28:00

DrumBeat: January 1, 2009

Blackout fear for EU as gas row escalates Jose Manuel Barroso, the European Commission president, called on Moscow and Kiev to solve the dispute as soon as possible. While Gazprom, the Russian ... , there are fears that Germany, Italy and other customers could eventually be hit if the dispute escalates [more...]

Date: 2009-01-01 13:44:53

Underwater with the Riverside Sheriff’s Department dive team

The Riverside County Sheriff Department’s Underwater Search and Recovery Team would like to remind the public that anyone close to the water should be wearing a personal flotation device (PFD). Additionally, caution should be taken when around bodies of water during this time of year [more...]

Date: 2009-01-04 06:53:05

The Next Hot Market That Could Be Walked Away From

The Herald News reports from Illinois. “The 14900 block of Gardner Street in Plainfield has been a lonely place this year. Dick and Jeannine Goss have lived there since February, when they closed on the single-family home where they intended to live out their retirement [more...]

Date: 2008-11-14 14:15:10

A write-up of the 2008 Soil Association conference

Last year’s Soil Association conference offered delegates a deep immersion in the peak oil/Transition debates, and was, for many, ... at the implications of peak oil. The report concluded that peak oil would be in 2013 and would “hit society ... (he was one of the contributors to the nef report) and with a revolution in energy generation. After Jeremy [more...]

Date: 2008-12-02 15:37:00

Rising Default Risk In Pro-Forma Commercial Loans

The bond market is reeling from rising default risk in Pro-Forma Commercial Mortgages ... to Standard & Poor’s. In southern California, the owner of the Promenade Shops at Dos Lagos missed two ... Federal Credit Union in New York. “They were underwritten with outlandish expectations on rents [more...]

Date: 2008-11-21 03:34:00

John Mauldin's Forecast for 2009

Thoughts from the Frontline Weekly NewsletterForecast 2009: Deflation and Recession by John Mauldin January 10, 2009 ... Investments I will be co-hosting our 6th annual Strategic Investment Conference in La Jolla ... . Simply click on the link below, give us your name and email, and you will be sent a form next week [more...]

Date: 2009-01-10 18:53:08

O.C. homes appraise 18% cheaper in a year Slice of Nixon’s Western White House? Only $15 million Bankruptcy sought for ocean-view homes in San Clemente Crystal Cove homesellers stubborn on pricing Higher-priced O.C. homesellers continue to discount Calif. home prices off 28.9%, nation’s worst drop O.C [more...]

Date: 2008-12-08 08:22:21

November Sales Report: Buyers Sit Tight. Prices Drop

2009.10.bandaid.jpg The big news of the morning is the release of the National Association of Realtors' November national sales report, and, ... sales (which includes homes, condos, townhomes) dropped 8.6 percent to a seasonally adjusted annual ... to the New York Times. Additionally, the report indicates that total housing inventory grew [more...]

Date: 2008-12-23 18:28:45

Gates of Vienna News Feed 1/15/2009

Forget global warming. Hello, global cooling! If the experts are right, we’re in for a new Ice Age.But it’s still the fault of George W. Bush, of course.Thanks to C. Cantoni, Fausta, Insubria, JD, KGS, Tuan Jim, VH, and all the other tipsters who sent these in. Headlines and articles are below the fold [more...]

Date: 2009-01-16 04:37:00

A review of 2008 predictions

#fullpost{display:inline;}Well, unfortunately, it's that time of the year again - time to look back at the first of the year to see how yours truly did with his Predictions for 2008 and be humbled as never before.During the two prior years, things had gone largely as expected:A review of 2006 predictionsA review of 2007 predictionsIn fact, [more...]

Date: 2008-12-31 17:16:00

11th January 2009 - Who's made a mark this week?

The result of the End of Year Portrait Challengecopyright Different Strokes from Different Folks and the artistsThese paintings were was done from by a photograph provided via the Karin Jurick's group blog Different Strokes From Different Folks, where artists are encouraged to paint or draw their own interpretations of the photographs supplied [more...]

Date: 2009-01-11 13:30:00

IOU's Instead of Tax Refund?

California taxpayers may get IOU instead of tax refundBy JUDY LINASSOCIATED PRESSsourcePublished: Wednesday, January 14, 2009 at 5:41 p.m.Last Modified: Wednesday, January 14, 2009 at 5:41 p.m.SACRAMENTO — In just a few weeks, California is expected to begin issuing state refunds to more than 10 million taxpayers — a welcome injection of cash into [more...]

Date: 2009-01-15 05:48:00

For healthy food and soil, we need affordable health care for farmers

By Steph Larsen When we talk about local food, it means more than just proximity to a farm ... of farmers, rural communities, and small business owners. The stark reality of health care costs ... , local control, small scale, environmental stewardship, community, and ecological diversity [more...]

Date: 2009-01-06 16:00:38

Allenism, Taylorism and the Day I Rode the Thundercloud

News flash: I was just interviewed (you can listen here) along with David Allen, the man himself, about this article, by Karen Hammer at KGNU. If any listeners found their way here after the show, welcome to ribbonfarm! If you are interested in having some fun organizing your life, [more...]

Date: 2009-01-08 05:36:19

Italian Wine 2008 - Report from Flyover Country

The intell is in. 2008 is wrapped up and put to bed. What an interesting year it has been. Lots of good data in this post, as long as you don’t mind it coming from flyover country. Not the high highs (and the low lows) of either coasts, but the steady drip of Middle America, the drum beat pounding [more...]

Date: 2009-01-15 14:47:15

Media & Politics (one section only today)

Media & Politics (one section only today) 06-Jan-09 Permanent link to MTA daily media news Quote of the Day (Political Wire) ... is a Professor of Law at Indiana University, a former OLC official in the Clinton administration (as well as a former ACLU counsel), and a graduate of Yale Law School.  She’s become a true expert on executive [more...]

Date: 2009-01-06 18:43:24

Jobless Claims Climb, Producer Prices Decline

U.S. Economy: Jobless Claims Climb, Producer Prices Decline Jan. 15 (Bloomberg) ... Department said today in Washington. Producer prices fell 1.9 percent, capping the first annual drop ... Advisers, told lawmakers today. Job losses show “no evidence of stopping” and credit flows “ [more...]

Date: 2009-01-15 19:03:00

Lost In A Sea Of Stark, Empty Houses And Vacant Lots

It’s Friday desk clearing time for this blogger. “Record numbers of Sonoma County homeowners are seeing property taxes fall, softening the blow from plummeting values. Steven James and Judy O’Brien bought their Windsor home in February 2005 for $670,000 [more...]

Date: 2009-01-02 17:57:28

DrumBeat: December 22, 2008

Pemex Oil Output Falls 6.5% to 2.711 Million Barrels a Day (Bloomberg) -- Petroleos Mexicanos, the state-owned oil company, said crude oil output fell 6.5 percent in November from the year-earlier period as production at its Cantarell field declined at a faster-than-expected rate. Production dropped to 2.711 million barrels a day, from 2 [more...]

Date: 2008-12-22 14:01:59

DrumBeat: November 13, 2008

Kingdom stands vindicated after IEA report on Ghawar Pushing his peak oil theory, ... indeed for the global energy balance. ...The IEA report on Ghawar, when seen in the above ... sector has run smack into a credit crisis, probably a recession as well, and almost all industry [more...]

Date: 2008-11-13 13:52:27

Deflation, Deleveraging, and the Stimulus Effect

Forecast 2009: Deflation and Recession January 10, 2009 By John Mauldin Where are we headed in 2009? We will explore that in detail over the next few issues of Thoughts from the Frontline, but today we will start with some of the larger forces which will have a major impact on the economies of the world, [more...]

Date: 2009-01-11 12:32:28

DrumBeat: January 14, 2009

Obama energy goal hard to meet: Bodman WASHINGTON (Reuters) ... prices, but this would not affect its $2.3 billion credit facility, the independent oil and gas ... (Bloomberg) -- Crude oil fell after a U.S. government report showed that stockpiles climbed [more...]

Date: 2009-01-14 13:55:13

2008 Terrorism

As 2008 comes to a close we must look back at America's security and terrorism in general around the world ... ) agent, I found the HS ???threat picture??? report inadequate and misleading. In fact, I found the report itself to be a national security threat for America ??? more importantly for the children [more...]

Date: 2008-12-31 01:13:07

Bank of America Drops as Merrill May Need U.S. Aid

Bank of America Drops as Merrill May Need U.S. Aid Posted by: Alex Stanczyk 15 Jan, 2009 Alex’s Notes: ... on Jan. 20, when the Charlotte, North Carolina-based bank could post its first quarterly loss in 17 ... into the markets, and the Fed has used up pretty much all its credit, so the next shoe to drop will be the bond [more...]

Date: 2009-01-15 18:53:41

Green Jobs: Fact or Fiction?

GREEN JOBS: Fact or Fiction? An Assessment of the Literature January 2009 By Robert Michaels and Robert P. Murphy Download as PDF Introduction and Executive Summary I. Green Recovery, Center for American Progress II. Job Opportunities for the Green Economy, Political Economy Research Institute III [more...]

Date: 2009-01-14 04:02:30

Credit Crisis Timeline

This is lifted from American Thinker, and by the way to the editor if you'd prefer I not take so much of the text leave comment or email me, ... " community reinvestment Senate bill. Opponents argued the bill would allocate credit without regard [more...]

Date: 2009-01-02 12:09:00

Government index shows 18% drop in O.C. home price

A new survey by the Federal Housing Finance Agency shows that Orange County home values dropped 18.2% in the third quarter this year from the same period a year ago. That’s the biggest annual ... . The Merced metro area in Central California had the nation’s biggest price drop, down a whopping [more...]

Date: 2008-11-26 01:13:10

It Keeps Getting Better And Better In California

The Daily Press reports from California. “First-time home buyers jumped into the local real estate market in December, ... that you can score a ‘deal’ — something that had been missing for many years.’” The Press Enterprise [more...]

Date: 2009-01-08 15:46:59

AMB Property Corporation(R) Declares Quarterly Dividends

AMB Property Corporation(R) Declares Quarterly Dividends SAN FRANCISCO, Sept. 22 /PRNewswire-FirstCall/ — The Board of Directors of AMB Property Corporation (NYSE:AMB) declared a regular cash dividend for the quarter ending September 30, 2009 of $0.28 per common share. The dividend will be payable on October 15, 2009 to common stockholders of record at the close of business on October 5, 2009. [more...]

Date: 2009-09-22 20:23:11

From Bad To Worse To Horrible To Holy Crap!

It’s Friday desk clearing time for this blogger. “After years of making Canadians feel steadily richer, ... a slew of sob stories from other parts of the country at their annual gathering in Orlando last week [more...]

Date: 2008-11-14 20:26:25

Goldman Accused of Naked Short Selling of Leveraged Loans

In the stone ages, when I worked for a short while at Goldman, it would have been unthinkable to trade openly against clients ... long these instruments when the credit market started going south in 2007 and was seeking aggressively [more...]

Date: 2008-11-17 16:48:15

Weekly Economic Potpourri November 29, 2008

Every week there are a numerous headlines that are worthy of mentioning but I simply run out of time ... to Canadian shoppers, in an attempt to bring them across the border for Black Friday. In Detroit, mall [more...]

Date: 2008-11-29 18:46:00

Millions misspent by Irvine-based California Avocado Commission

In the “what a crock of guac!” department, we offer this: The obscure, ... ’s report. The report, released Friday by the California Department of Food and Agriculture ...  Irvine-based California Avocado Commission spent wildly and with few controls, dropping nearly [more...]

Date: 2009-01-08 16:12:32

Homebuilders Still Ripe To Short In 2009

Expect more pain in the housing market next year, says Don Miller. Rising unemployment will keep the foreclosures coming ... and probably to get worse. As if a locked-up credit market and tidal waves of foreclosures weren’t already [more...]

Date: 2008-11-20 19:30:56

January 2009 Update

In the news...EnCana Offers Up to $500,000 for Info on B.C. Pipeline Bombings (1/14/2009) A week after the fourth attack on a pipeline near Dawson Creek, British Columbia, the Royal Canadian Mounted Police (RCMP) have identified "persons of interest". RCMP Sgt [more...]

Date: 2009-01-15 20:00:00

Economic Potpourri December 9, 2008

News is flying out of every corner at record speed now. It is very difficult to keep up with ... company since the credit crunch drove the world into a recession.Sony will curb investments, outsource [more...]

Date: 2008-12-09 09:19:00

State of New Jersey Is Insolvent

The state of New Jersey is insolvent. Bankrupt might be a better word ... investment policies.While Clark delivered his report to the State Investment Council in Trenton, Gov ... financial market battered its investments, a new state report shows.The latest losses -- nearly [more...]

Date: 2008-11-25 20:09:00

DrumBeat: January 7, 2009

Shell seeks Colo. water for oil shale production Shell Oil has filed for the first major water right on the Yampa River in northwest Colorado for ... more than $4 a barrel Wednesday after a government report showed much larger than expected increases [more...]

Date: 2009-01-07 13:57:26

Daily Dose: 11/24/08

» AsianWeek Market Report » One Third of Asian Elders Live Below Poverty Line in NYC » CAPAC Elects Officers for 111th Congress » Little-Known ... Zoo   Compiled by Justine Rivero AsianWeek Market Report AsianWeek Market Report         Asian ... % Asian American Market Report         Yahoo! YHOO 10.21 0.82 (8.73%) Citigroup C 5.95 2.18 [more...]

Date: 2008-11-24 23:39:18

DrumBeat: November 20, 2008

Global Trends 2025: A Transformed World "Global Trends 2025: A Transformed World" is the fourth unclassified report prepared by the National Intelligence Council (NIC) in recent ... develop over the next 15 years to influence world events. Our report is not meant to be an exercise [more...]

Date: 2008-11-20 14:03:38

Breaking News and Political Commentary

Israeli Offensive Presses into Gaza CityBy Richard Boudreaux and Rusdi abu Alouf - Los Angeles TimesIn the heaviest fighting since the invasion began, troops and tanks hit the capital from three directions. Gaza City is shaken by shelling and helicopter missile fire [more...]

Date: 2009-01-12 13:18:00

Friday wrap

SEIU's Andy Stern: The Anti-Prog ... "We think Stern is going to endanger the entire progressive agenda," said John Borsos, vice president of United Healthcare Workers West, an SEIU division that represents 150,000 nurses, orderlies, and other healthcare workers [more...]

Date: 2009-01-09 11:30:00

The great California fiscal earthquake

Some of you may remember the recall of former California Governor Gray Davis in 2003, ... are facing payroll cuts, unpaid leaves and a hiring freeze. Money for firefighting in parched Southern [more...]

Date: 2009-01-09 19:00:00

Posts about Real Estate Market Reports as of January 14, 2009

Caprock Analytics Stock Ratings for Selected Stocks - caprockanalytics ... estate acquisitions were … is what I wrote for my company’s annual market report. It’s a bit heavy on the jargon so if GCC Fixed Income Report - Markaz - crealis.es 01/14/2009 (Crealis) — The GCC [more...]

Date: 2009-01-14 14:24:38

Auto Sales Plunge To Lowest Level Since 1982

MarketWatch is reporting Automakers post steep sales declines. Here are some of the highlights from the report ... his own plea for federal stimulus in a conference call following the report."Our industry is in a much [more...]

Date: 2008-12-03 05:02:00

SAN FRANCISCO BUILDING OWNERS AND MANAGERS (BOMA) DECEMBER WRAP-UP

THE BOMA ADVOCATE BY KEN CLEAVELAND BOMA Leaders Meet with Mayor Gavin Newsom to Oppose Congestion Pricing Mayor Gavin ... parking spaces due to flexible pricing levels and the ability to use credit cards. BOMA reps pointed [more...]

Date: 2008-12-22 23:29:22

From the FIRE Coalition on illegal immigrants to the US

Will our country remain a sovereign United States of America or become another Latin American state? ... law in this economic crisis is egregious. The fault lies with the globalists, the business lobby [more...]

Date: 2009-01-14 01:40:00

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