From MarketWatch:
Long-term mortgage rates hit lowest level since May 2013
Long-term mortgage rates have reached their lowest level in more than a year, giving families an opportunity to secure cheap home loans, according to data released Thursday.
On the back of “underwhelming” economic news, the average rate for the popular 30-year fixed-rate mortgage just dropped to 3.89%, the lowest reading since May 2013, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac. The rate is now about half a percentage point greater than the near-record-low hit last year.
While the market is unlikely to see long-term rates revisit last year’s bottom, current low levels may stick around through January, giving families a chance to lock in affordable monthly home payments, said Frank Nothaft, Freddie’s chief economist.
“I don’t see a whole lot of movement in long-term interest rates,” Nothaft said.
After rate fluctuations over the past year, mortgage applications to buy a home are about 20% below a May 2013 peak, while refinancing applications are down 74%, according to the Mortgage Bankers Association.
…
While low rates should support borrowers’ interest in refinancing, the recent drop by itself won’t be enough to spur a large jump in home buying. In addition to the cost of borrowing, families that want to buy a home must consider major factors such as careers and kids. But a sub-4% rate for a 30-year-mortgage would be a nice welcome mat for the hot home-sales market in the spring.“Whenever we have a drop in rates, that can only be good for housing demand,” Nothaft said. “I do expect that it will continue to support a high level of affordability in most markets for those families with that have the financial wherewithal to buy a home.”
Then again, although rates are low, they are higher than record bottoms, and may not do much for housing activity.
“People are impressed by record-lows, and don’t want to miss an opportunity to take out a mortgage when interest rates can only go up…What is happening now doesn’t seem so salient,” Robert Shiller, Nobel Prize-winning economist and housing-market expert, wrote in an email to MarketWatch.
From Bloomberg:
Older Americans Gird Housing With High Ownership Rate
Bill Braswell is staying put in his Virginia home even though he could sell it for 10 times what he paid in 1980 and some of his retired friends are moving to warmer climates.
“I’m on boards and commissions and I enjoy that brain activity, so no, I don’t want to move to South Carolina or Florida,” said Braswell, 69, a retired federal civil servant, who lives alone in a four-bedroom Tudor home in Arlington. “I’m thinking of putting an elevator in so I can stay.”
Older homeowners have emerged as the pillar of the housing market following the collapse in 2008. The homeownership rate for Americans age 65 and over has remained at 80 percent while dropping for every other age group. Seniors typically have less mortgage debt than younger homeowners, more wealth than they had four years ago, and longer lifespans than a generation ago. So they’re staying in the housing market rather than downsizing into rentals or moving to independent senior centers.
“This group has been a ballast for the market,” said Chris Herbert, acting managing director at the Joint Center for Housing Studies at Harvard University. “If not for them, we would have seen a much lower homeownership rate overall, more homes on the market and more weakness.”
The homeownership rate — the number of owner-occupied homes divided by the number of households — was 80 percent in the third quarter for those 65 and over, little changed from the same period in 2008, according to Census Bureau data. Those under 35 have seen the biggest decline in homeownership, with a 12 percent drop to 36 percent, the data show. In 1982, the homeownership rate of every age group was higher than it was in 2013 — except for those 65 and over.
I get the feeling that the US economy is trying to roll over into recession but the banks are giving away cheap and easy credit to try and keep it going.
[1] Older Americans Gird Housing With High Ownership Rate – or do they?
Trading down would not affect the ownership rate of this demo, but it does withdraw equity and replace it with (other people’s) debt, right?
Older homeowners have emerged as the pillar of the housing market following the collapse in 2008. The homeownership rate for Americans age 65 and over has remained at 80 percent while dropping for every other age group.
It also represents what will be the greatest transfer of housing wealth in the history of the United States.
Instead of millennials arguing over the sale of the estate, they’ll be fighting over who gets to live in it.
http://oceanclubcondominium.com/property4sale_list.asp
Know someone trying to sell a condo at the oceanclubcondo in AC they look like a white elephant if you inherit them. AC is dead and a newwer building with amenities I imagine would have higher maint and taxes yet I know see folks getting much rent.
Anyone ever hear of this joint? Wonder if they let you VRBO or AIRBNB?
Never forget that super low mortgage interest rates are- first and foremost- symptomatic of money that cannot find a home (so to speak). The historic low rate is a flat-out admission that we are continuing to transfuse a cadaver…and the cadaver is beginning to stink.
Sell…sell to whom?
Lend…lend to whom?
The cash buyers are gone. The pool of potential mortgagor muppets is thinning by the day. Doom is imminent.
I tried to warn a couple of friends away from buying in Ocean Club.
They are wholly and totally fuct now.
Someguy I know inherited one for free. So I looked on the website and was shocked there was a unit for sale for 495k that was just a one bedroom. Granted high floor view of beach but it only rents for 1,500 a month year round. That is very low. Then in the few ads for building not a single one mentions property tax or annual maints. To me that is a red flag.
Also that building had to have some sandy damage or its insurance rise since sandy. That has to effect maint.
It looks beautiful.
Liquor Luge says:
December 8, 2014 at 8:48 am
I tried to warn a couple of friends away from buying in Ocean Club.
They are wholly and totally fuct now.
I think they all get to stay, they just have to draw straws to see who gets to move into Mommy and Daddy’s room, right? Then just get 3 or 4 more renters to cover taxes,…
Instead of millennials arguing over the sale of the estate, they’ll be fighting over who gets to live in it.
Can we find someone to have sex with it?
Liquor Luge says:
December 8, 2014 at 8:47 am
Never forget that super low mortgage interest rates are- first and foremost- symptomatic of money that cannot find a home (so to speak). The historic low rate is a flat-out admission that we are continuing to transfuse a cadaver…and the cadaver is beginning to stink.
AC property tax almost doubled in the last 2 years
chi (10)-
I think that guy in Easton is gonna be out of commission for a while.
Heard an interesting story about the low participation rate partially depressed by those who are taking income and ’employment’ from the black market economy.
Now, clearly there aren’t any government statistics on the black market economy, but I recall a piece last year that gauged the growth of the US black market at approximately 12% per annum, which is stratospheric in comparison.
The olds just don’t want to retire anymore. Their neurons are still firing at rates unheard of in previous generations. I blame medical science for ruining it for the rest of us.
Clearly the ‘black’ weekend and online shopping has been a success, I’ve been waiting nearly 7 days for my USPS 2 day priority mail shipment. Hit the post office in Kansas on the the 1st, still no sign of it. Post office assures me it is not lost and is in transit.
I understand people wanting cash wages. If you’re only getting paid $10/hour, how much of that can you really pay to FICA and all the other programs/agencies/mandates before you just want to throw up all over your paycheck and go back to mom’s basement because doing it right just ain’t worth it?
Happy Monday.
N.J. among worst run states in nation, study finds.
Saw regular for $2.39 on my way into work this morning. Almost to the point where bottled water is more expensive than gas. Drink up sheep.
grim,
“in transit” probably means “lost and looking for it”.
Will they refund your 2nd day priority charges?
There’s a reason I call them the “Locust Generation”. Remember when the bubble was still in full effect, when everyone was talking (kvetching) about greedy bankers, crooked appraisers, greedy and crooked realtors? They were all making big bucks in the aggregate, a little off of each transaction. It was the leading edge baby boomer who took the lions’ share of the money off the closing table. Only to retire to no-tax Florida, getting medicare health insurance, feeding their social security checks into Indian slot machines, while arguing with the clerk at Denny’s about getting their Senior Citizen’s discount on the 2-for-1 coupon. Its not a class war, its a generational war. “You screw my kids; I’ll screw your kids; and we’ll all retire together in Boca…”
Apparently not, Priority 2 Day is just the name of the method, it doesn’t include any kind of guarantee that it will only take 2 days. Go figure.
What is up with Boca anyway? I’ve been there. It sucks there. WTH?
(20) Thing’s has not changed. Baby boomers were screwed by the previous generations, too. Look at the FICA tax rates and caps history, e.g.
(23) horrible grammar
Whoever your agent is, and whatever s/he’s doing to sell your property, it clearly pales in comparison to this…
https://www.facebook.com/video.php?v=884227808263867
No, it speaks to the attractiveness of government subsidies.
Wish somebody would come out with a study. A person might be able to make a nice living working off the books and collecting unemployment or disability etc.
grim says:
December 8, 2014 at 9:31 am
Heard an interesting story about the low participation rate partially depressed by those who are taking income and ‘employment’ from the black market economy.
Now, clearly there aren’t any government statistics on the black market economy, but I recall a piece last year that gauged the growth of the US black market at approximately 12% per annum, which is stratospheric in comparison.
Al Sharpton runs 12% of the economy?
grim says:
December 8, 2014 at 9:31 am
Now, clearly there aren’t any government statistics on the black market economy, but I recall a piece last year that gauged the growth of the US black market at approximately 12% per annum, which is stratospheric in comparison.
I know a guy on long-term disability who DJs at go go bars for cash. He does well.
sorry grim
http://sanfrancisco.cbslocal.com/2014/12/07/substantial-amount-of-mail-damaged-in-usps-truck-fire-while-en-route-from-san-francisco-to-los-angeles/
Chokehold case stirs debate on special prosecutors
December 8, 2014 – 9:05 AM
BY JENNIFER PELTZ, Associated Press
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Killings by Police-Special Prosecutors
File-This Jan. 1, 2014, file photo shows New York Public Advocate Letitia James speaking after taking the oath of office in on the steps of City Hall in New York. James is pressing for appointing special state prosecutors whenever police kill or seriously injure someone. State Assemblymen Karim Camara and Marcos Crespo are proposing special prosecutors for police killings of unarmed people. (AP Photo/Frank Franklin II, File)
NEW YORK (AP) — After a police officer wasn’t indicted in a fatal chokehold caught on video, some officials are reviving calls to entrust such cases to special prosecutors, rather than local district attorneys.
The city’s elected public advocate and some state lawmakers are pressing for appointing special state prosecutors for police killings, saying Eric Garner’s death has bared problems with having DAs lead investigations and prosecutions of the police who help them build cases. Similar legislation has been proposed in Missouri since the police shooting of an unarmed 18-year-old in Ferguson.
“This is a watershed moment,” New York Public Advocate Letitia James said by phone. “It’s clear that the system is broken and an independent prosecutor is needed.”
She’s advocating appointing such prosecutors whenever police kill or seriously injure someone. Assemblymen Karim Camara and Marcos Crespo are proposing special prosecutors for police killings of unarmed people.
Gov. Andrew Cuomo said last week on CNN’s “The Situation Room with Wolf Blitzer” that the state should examine whether DAs should bring such cases and “potential roles for special prosecutors,” as part of a broad look at the criminal justice system.
After Garner died July 17, the Staten Island district attorney’s office took the case to a grand jury that spent two months hearing from 50 witnesses and scrutinizing evidence including police policy manuals, medical records and four videos, according to the few details released.
Medical examiners had found that a police chokehold — a maneuver banned by police policy — caused Garner’s death. Officer Daniel Pantaleo’s lawyer argued the officer used a permissible takedown. Grand jurors decided Wednesday that no criminal charges were warranted.
The decision spurred protests and questions about how prosecutors conducted the secret process. And it has prompted debate over whether special prosecutors would build public trust or undermine a system set up to put tough decisions in elected prosecutors’ hands.
“There has to be a permanent special prosecutor for police misconduct because of the inherent conflict” in tasking local prosecutors with exploring allegations against the police who are often their partners, said civil rights lawyer Norman Siegel.
But DAs bristle at the implication that they’re too close to police for public comfort.
“Why would the people’s choice to be their elected law enforcement officer be disqualified in favor of some political appointment?” said Onondaga County District Attorney William Fitzpatrick, the Syracuse prosecutor who is president-elect of the National District Attorneys Association.
Brooklyn District Attorney Kenneth Thompson said Friday he expects to take a recent deadly police shooting of an unarmed man in a public housing stairwell to a grand jury, rejecting suggestions that a special prosecutor take over.
“I was elected by the people of Brooklyn to do this job without fear or favor, and that is exactly what I intend to do,” Thompson said.
Special prosecutors sometimes have been tapped for cases involving police, including allegations that a former Chicago police commander oversaw the torture of dozens of suspects to coerce confessions. He was never charged with abuse but was convicted of perjury.
Some states have established permanent special prosecutors’ offices for various types of cases. Maryland’s handles everything from election law violations to misconduct by public employees, including police.
But the idea of a special prosecutor specifically for police has a particular history in New York. The state created a state special prosecutor’s office in 1972 to explore police corruption in New York City, responding to the allegations later chronicled in the 1973 film “Serpico.”
The office was sometimes accused of overreaching — unfairly, says Pace University law professor Bennett Gershman, who worked in the office in its early years.
“There was some pressure not necessarily to charge, but to look closely at these cases and try hard to see whether or not there is an innocent explanation or whether or not the officer really did break the law,” he recalled.
Then-Gov. Mario Cuomo, the current governor’s father, disbanded the special prosecutor’s office in 1990, citing budget constraints. Calls to reinstate and extend it to police misconduct and brutality allegations have arisen over the years, including after three officers were acquitted in the fatal shooting of an unarmed man on his wedding day in 2006.
Some DAs have set up their own separate units for allegations against police. But prosecutors say in any event, they have enough distance from police to investigate them.
“We view ourselves as an independent agency that is called upon, on a daily basis, to review the work of the police,” said Erie County District Attorney Frank Sedita, the Buffalo prosecutor who heads the state DA’s association. While they work closely together, “in my office, there’s not a week that goes by that there’s not some disagreement between prosecutors and police.”
On Monday, New York Attorney General Eric Schneiderman sent a letter to Gov. Andrew Cuomo seeking the authority for his office to investigate deaths at the hands of police. The attorney general’s authority would apply to cases after the executive order is signed and last until the state Legislature acts to permanently address the issue.
Officials, kin mourn man shot by police in NYC
December 5, 2014 – 10:35 PM
Associated Press
http://www.cnsnews.com/news/article/officials-kin-mourn-man-shot-police-nyc
NEW YORK (AP) — Elected officials told mourners the world was watching Friday as they remembered an unarmed man shot dead by a rookie police officer in a darkened public housing stairwell.
At a wake that came hours after the Brooklyn district attorney announced plans to take the case to a grand jury, Akai Gurley was mourned by relatives as a loyal father and son.
Officer Peter Liang was patrolling a pitch-dark stairwell by flashlight, his gun drawn, when the 28-year-old Gurley and his girlfriend opened a door into the stairway Nov. 20, police said. Liang fired without a word and apparently by accident, police said. Police Commissioner William Bratton has said Gurley was “totally innocent.”
The wake came two days after a grand jury on Staten Island decided criminal charges weren’t warranted against a different police officer in the chokehold death of another unarmed man, Eric Garner. Last week, a Missouri grand jury decided not to indict a police officer in the fatal shooting of unarmed 18-year-old Michael Brown. The cases have sparked debate around the country about the grand jury process.
Brooklyn DA Kenneth Thompson said Friday he would convene a grand jury “because it is important to get to the bottom of what happened,” pledging “a full and fair investigation.”
why don’t you give it a try and let us know how that works out for you
Toxic Crayons says:
December 8, 2014 at 12:03 pm
Wish somebody would come out with a study. A person might be able to make a nice living working off the books and collecting unemployment or disability etc.
being DJ at a go go bar is “doing well”?
syncmaster says:
December 8, 2014 at 12:15 pm
I know a guy on long-term disability who DJs at go go bars for cash. He does well.
anon – he’s not starving. I don’t mean he’s wealthy.
http://anoniverse.com/67-jobs-that-pay-under-the-table//
67 Jobs That Pay Cash Under The Table
Try what conduct a study? Maybe in my spare time.
anon (the good one) says:
December 8, 2014 at 12:38 pm
why don’t you give it a try and let us know how that works out for you
The problem with Boca is that there are way too many remote control cars on the road there. The cars are going, but they appear to be driverless.
Any discussion about mortgage rates is irrelevant if it doesn’t include property taxes. I’m talking our area because most of us could give a flying f.uck what the taxes are in Fort Wayne, Indiana.
And read what Liquor Luge said in post #6 if you’re having trouble comprehending basic concepts.
JJ [8];
It looks beautiful.
I don’t know which once came first, but it looks like the Showboat architect recycled the drawings — twice, once in mirror image. How’d you like to have the patio balcony overlooking Baltic Ave?
Exactly what I brought up the other day when someone brought up the participation rate in response to the unemployment rate. I wanted to know how people actually come up with this participation rate. The underground economy is not exactly easy to measure and who knows how many people on welfare are a part of both economies.
Toxic Crayons says:
December 8, 2014 at 12:03 pm
Wish somebody would come out with a study. A person might be able to make a nice living working off the books and collecting unemployment or disability etc.
grim says:
December 8, 2014 at 9:31 am
Heard an interesting story about the low participation rate partially depressed by those who are taking income and ‘employment’ from the black market economy.
Now, clearly there aren’t any government statistics on the black market economy, but I recall a piece last year that gauged the growth of the US black market at approximately 12% per annum, which is stratospheric in comparison.
This is interesting. This guy actually did have his hands up before he turned to run and he got 15 cop rounds in the back, dead on the scene. He was white, so nobody cares. His family watched the chase and the shooting on TV in real time. They got $5 million from the City of Los Angeles. See? It pays not to loot.
The chase (crash is at 20:35, killing 30 seconds later):
https://www.youtube.com/watch?v=ug5KXzpbf9M
The payout:
http://www.latimes.com/local/lanow/la-me-ln-la-to-pay-5-million-to-corvette-drive-killed-by-lapd-officers-20140820-story.html
FYI – I’m floored….
http://njbmagazine.com/njb-news-now/new-jersey-realtors-announce-rebrand/?utm_source=Real%20Magnet&utm_medium=Email&utm_campaign=59909753
Al Sharpton wasn’t there. U.S. Attorney General Eric Holder didn’t make any prejudicial, conclusion-jumping comments before the game.
No visiting Cowboys nor home-team Bears engaged in photo-op demonstrations. There were no protests, no looting, no burning, no howls of racism or for justice. No judgmental — left or right, right or wrong — media.
And although Jerry Brown, African-American, was only 25, there were no signs reading, “The Lives of Young Black Men Count, Too!”
Josh Brent, the Cowboys’ 6-foot-2, 325-pound defensive tackle, played his first game in two seasons on Thursday night. He entered midway through the first quarter. On the NFL Network/CBS telecast, Jim Nantz kept it businesslike and brief. Very brief.
Brent was returning from serving six months for intoxicated manslaughter. There was a car “accident” that “led to the death” of teammate Brown. Nantz didn’t explain how one does time for an “accident.” Back to the game.
There was no time or inclination for details: Brent left a club with Brown at 4 a.m., driving his Mercedes between 110-134 mph in a 45 zone when he killed Brown. No mention Brent previously had served 60 days for a DUI on a suspended license.
Nothing about Stacee McWilliams, the first on the scene, who claimed Brent just stood by the fiery wreck, making no effort to help Brown, who was alive.
McWilliams: “I said, ‘Get him out of the car! You can’t just stand there and watch him die!’ … And when he pulled him out, he just left him in the street. He didn’t tell him, ‘Hang in there; help is on the way!’ And I want the magnitude of that to be understood.”
Brent still describes Brown as his best friend.
After 180 days — 45 of them in a rehab facility — Brent resumed his NFL career. Supportive comments by Brent’s teammates were dutifully transmitted by the media.
But not a word of outrage. Not from anyone, anywhere.
On Tuesday, MSG’s “Beginnings,” a cradle-to-The Garden profile of Knicks and Rangers, focused on J.R. Smith.
Even knowing that “Beginnings” is essentially a nicely produced house ad, how could MSG have made nice to and about Smith, recidivist societal deviant? Rather than insult us, MSG couldn’t have skipped him? But Smith was given a half-hour hug.
MSG allowed Smith to escape a compilation of misdeeds that include his responsibility for the 2007 death of his best friend, another young black man, Andre Bell, 21.
Driving legally despite having had his license suspended five times in eight months, Smith blew a stop sign, smashed into a car. Bell, ejected from Smith’s vehicle (neither wore a seat belt), died two days later.
A grand jury convened to determine whether Smith should be tried for vehicular homicide. Although Smith eventually was sentenced to 90 days (released after 24), that grand jury chose not to indict.
There were no demonstrations condemning “junk justice,” no cries for a federal investigation, no protests, no looting, no burning buildings or overturned police cars, no signs claiming the lives of young black men should count, too.
And although that grand jury was in Freehold N.J., an hour down the road from his home, Rev. Sharpton must have missed this one or taken a pass.
Jerry Brown, 25. Andre Bell, 21. Young, dead, black men. Play ball!
What did Internal Affairs and the Prosecutor do?
The Original NJ ExPat says:
December 8, 2014 at 2:45 pm
This is interesting. This guy actually did have his hands up before he turned to run and he got 15 cop rounds in the back, dead on the scene. He was white, so nobody cares. His family watched the chase and the shooting on TV in real time. They got $5 million from the City of Los Angeles. See? It pays not to loot.
The chase (crash is at 20:35, killing 30 seconds later):
https://www.youtube.com/watch?v=ug5KXzpbf9M
The payout:
http://www.latimes.com/local/lanow/la-me-ln-la-to-pay-5-million-to-corvette-drive-killed-by-lapd-officers-20140820-story.html
[45] joyce – So far, the officers are “faulted”:
Beck faults officers in killing of unarmed man
“Beck now must decide what punishment, if any, to give to the officers, who have remained relieved of duty since the shooting. They face possible suspensions or firing, although Beck could elect to simply order them to receive further training.”
http://www.latimes.com/local/cityhall/la-me-lapd-corvette-20141204-story.html
[46] Here’s the way I sum it up:
1. If you punch a cop and try to grab his gun, there’s a good chance that you will be shot.
2. If you piss off a cop or cops bad enough, especially over a protracted time period, you may also be shot.
The bottom line is that cops may do violence on you for lots of different reasons, but it doesn’t have
anythingmuch to do with race. Look who got shot when the LA police were actually on a bona fide manhunt for a black male:http://articles.latimes.com/2013/apr/23/local/la-me-dorner-settlement-20130424
You may even be shot if you look nothing like the guy who’s pissing them off:
Nice job. You have seriously destroyed the argument. Funny, how these stories get left out and the media only focuses on the cases it wants to exploit.
The Original NJ ExPat says:
December 8, 2014 at 5:38 pm
[46] Here’s the way I sum it up:
1. If you punch a cop and try to grab his gun, there’s a good chance that you will be shot.
2. If you piss off a cop or cops bad enough, especially over a protracted time period, you may also be shot.
The bottom line is that cops may do violence on you for lots of different reasons, but it doesn’t have anything much to do with race. Look who got shot when the LA police were actually on a bona fide manhunt for a black male:
http://articles.latimes.com/2013/apr/23/local/la-me-dorner-settlement-20130424
You may even be shot if you look nothing like the guy who’s pissing them off:
[14] Synch – Yes, and also quitting the coal mine or construction crew at 59-62 is almost forced upon you just by the state of your beaten down body. Doing 2-3 hours work over an 8 hour period in a climate controlled office at the same age…not so tough.
The olds just don’t want to retire anymore. Their neurons are still firing at rates unheard of in previous generations. I blame medical science for ruining it for the rest of us.
Cops need to turn down the adrenalin. They are our employees, and are entrusted with deadly weapons, whose use needs to be very carefully regulated.
On the other hand, I like the Dirty Harry movies. It’s a difficult balancing act.
[50] Rags – Yes, yes, and yes. I find driving a clean and nondescript family car at mostly sane speeds has afforded me minimal contact with the gendarmes over the last 2.5 decades. Also, show them respect and tell them the truth and you become a cultural anomaly that they don’t know what to do with and they just toss you back in the water. I’ve been pulled over maybe a half dozen times in the last 25 years with no tickets to show for it. The last couple times they didn’t even ask for my license or reg. I probably look too much like their Dad.
Yes, but that’s a tall order. It’s about as likely as having them turn down their alcoholism, infidelity, or suicide rate.
Cops need to turn down the adrenalin.
Be careful, Expat. You can also be shot for doing what the officer tells you to do:
http://www.wltx.com/story/news/local/2014/09/24/video-released-released-of-trooper-involved-shooting/16187305/
At least this pig was charged. Le’ts wait and see what kind of suspended sentence he gets.
I’m watching “Inequality for All”. Robert Reich drives a Mini Cooper and loves it. LOL.
Deutsche Bank allegedly set up three shell companies to avoid paying millions of dollars in federal taxes, according to a lawsuit filed Monday by the top federal prosecutor in Manhattan.
U.S. Attorney Preet Bharara seeks to recover $190 million in taxes, penalties and interest.
http://money.cnn.com/2014/12/08/news/companies/deutsche-bank-tax-fraud/index.html?iid=HP_LN
So, I guess no human beings in their staff, nor supervisors, had anything to do with setting up this accounting scheme. Who’s going to charge the people in the justice department with conspiracy for never bringing criminal charges?
expat (54)-
I wish a cop would pull over Robert Reich and unload a sawed-off into his face.
While costumed in blackface as a small minstrel?
expat (54)-
I wish a cop would pull over Robert Reich and unload a sawed-off into his face.
Reich, not the cop.
He can just be the white weenie of a collectivist midget that he is.
Robert Reich is one of those guys who will be wrong about every single point they make throughout their life. Envy and hatred of success seethes through his small deformed body, and garden gnome – like face.
Reich is a problem. I recognize the crap he is spewing, but I don’t mind listening to him.
Now I’m watching Citizen Koch. “You cannot even buy a Democrat Congressman for $2500, the anecdotal evidence is that it takes $99,000 in cold, hard cash.” LOL!
expat (61)-
Obviously, you have a thing for dwarves.
Interesting fact that is of interest only to me:
Few people know that Adrian Cronauer of “Good Morning Vietnam” was an attorney in Washington, DC practicing aviation law and had been there for some time. Fewer still know that he got into some sort of legal hot water recently.
Today I learned that he was disbarred by the district’s court of appeals. The order was entered at the end of September, meaning that the discussions over his disbarment work going on when his movie counterpart, Robin Williams, killed himself.
It’s apropos of nothing but it is a bit strange.