Archive for January, 2008

Stimulus package!

January 24, 2008

The fundamental problem with our economy is that we are a bunch of consumers.

We are rewarded to consume and penalized to produce.

All we have to do to fix the economy is tax gas and make it $5+/gallon, tax ciggys and charge $10/pack…and reward, reward, reward the producers. (That is the land of opportunity!)

Giving everyone $600 bucks so they can go spend it; is ABSOLUTELY ridiculous! You might as well give the top 150,000 Entrepreneurs $1MM each! That would create opportunity! Hopefully that would get the stack of unemployment claims off of everyones desk.

Well at least they did one thing right by raising the mortgage loan limits…

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Time to buy real estate?

January 21, 2008

Well it is officially a “buyers market” for REO/Bank owned foreclosures. We are seeing 10-20+ qualified buyers a weekend that are looking for “a deal.”

By no means is it a buyers market across the board but at least it is a start. Once we hit an “official bottom” (May 2012?) that will occur. It is always said that when there is “blood in the streets” make sure you have cash and when the market is going up like gangbusters make sure you have inventory…

Don’t try this at home!

January 4, 2008

Napoleon Explodes!

Great job Arie

New Years Napoleon Style

January 4, 2008

New Years Napoleon Style

“I didn’t have a sword with me so second try worked!” Bill Lyons