Distressed Short Sellers Locked our of FHA Loans

Read the entire article here

Now I’m not alone

Toll Brothers Inc. Chief Executive Officer Robert Toll said. “Yesterday’s subprime is today’s FHA,”

It’s crazy!

It’s OBSCENE!

A buyer puts in an offer for quarter of a million dollar home, puts up $8750.00 and asks the seller (more often than not: A BANK) to pay the closing costs. Closes on the the home then gets a $8,000 tax credit.
Assuming you have the credit and income, buying a $250,000 home today is almost without risk and can be done almost entirely using OPM (other people’s money)

BUYER HAS NO SKIN IN THE GAME ON A QUARTER OF MILLION DOLLAR HOME!!

THIS MAY BE GOOD NEWS FOR BUYERS, BUT IS IT REALLY GOOD FOR AMERICA???

A quote from the news article at the bottom:

Even though the feds are turning a blind eye to medical pot shops and patients, Fresno leaders say they’re not. The city council recently adopted a new ordinance banning dispensaries.

I suspect the city council members only favor the Respectable Drugs, you know, the ones that the GOOD doctors give you:

Antipsychotic Medications

chlorpromazine 	Thorazine
chlorprothixene 	Taractan
clozapine 	Clozaril
fluphenazine 	Permitil, Prolixin
haloperidol 	Haldol
loxapine 	Loxitane
mesoridazine 	Serentil
molindone 	Lidone, Moban
olanzapine 	Zyprexa
perphenazine 	Trilafon
pimozide (for Tourette's syndrome) 	Orap
quetiapine 	Seroquel
risperidone 	Risperdal
thioridazine 	Mellaril
thiothixene 	Navane
trifluoperazine 	Stelazine
trifluopromazine 	Vesprin
ziprasidone 	Geodon

Antimanic Medications

carbamazepine 	Tegretol
divalproex sodium (valproic acid) 	Depakote
gabapentin 	Neurontin
lamotrigine 	Lamictal
lithium carbonate 	Eskalith, Lithane, Lithobid
lithium citrate 	Cibalith-S
topimarate 	Topamax

Antidepressant Medications

amitriptyline 	Elavil
amoxapine 	Asendin
bupropion 	Wellbutrin
citalopram (SSRI) 	Celexa
clomipramine 	Anafranil
desipramine 	Norpramin, Pertofrane
doxepin 	Adapin, Sinequan
escitalopram (SSRI) 	Lexapro
fluvoxamine (SSRI) 	Luvox
fluoxetine (SSRI) 	Prozac
imipramine 	Tofranil
isocarboxazid (MAOI) 	Marplan
maprotiline 	Ludiomil
mirtazapine 	Remeron
nefazodone 	Serzone
nortriptyline 	Aventyl, Pamelor
paroxetine (SSRI) 	Paxil
phenelzine (MAOI) 	Nardil
protriptyline 	Vivactil
sertraline (SSRI) 	Zoloft
tranylcypromine (MAOI) 	Parnate
trazodone 	Desyrel
trimipramine 	Surmontil
venlafaxine 	Effexor

Antianxiety Medications

(All of these antianxiety medications except buspirone are benzodiazepines)
alprazolam 	Xanax
buspirone 	BuSpar
chlordiazepoxide 	Librax, Libritabs, Librium
clonazepam 	Klonopin
clorazepate 	Azene, Tranxene
diazepam 	Valium
halazepam 	Paxipam
lorazepam 	Ativan
oxazepam 	Serax
prazepam 	Centrax

Antipsychotic Medications

Clozaril 	clozapine
Geodon 	ziprasidone
Haldol 	haloperidol
Lidone 	molindone
Loxitane 	loxapine
Mellaril 	thioridazine
Moban 	molindone
Navane 	thiothixene
Orap (for Tourette's syndrome) 	pimozide
Permitil 	fluphenazine
Prolixin 	fluphenazine
Risperdal 	risperidone
Serentil 	mesoridazine
Seroquel 	quetiapine
Stelazine 	trifluoperazine
Taractan 	chlorprothixene
Thorazine 	chlorpromazine
Trilafon 	perphenazine
Vesprin 	trifluopromazine
Zyprexa 	olanzapine

Antimanic Medications

Cibalith-S 	lithium citrate
Depakote 	valproic acid, divalproex sodium
Eskalith 	lithium carbonate
Lamictal 	lamotrigine
Lithane 	lithium carbonate
Lithobid 	lithium carbonate
Neurontin 	gabapentin
Tegretol 	carbamazepine
Topamax 	topiramate

Antidepressant Medications

Adapin 	doxepin
Anafranil 	clomipramine
Asendin 	amoxapine
Aventyl 	nortriptyline
Celexa (SSRI) 	citalopram
Desyrel 	trazodone
Effexor 	venlafaxine
Elavil 	amitriptyline
Lexapro (SSRI) 	escitalopram
Ludiomil 	maprotiline
Luvox (SSRI) 	fluvoxamine
Marplan (MAOI) 	isocarboxazid
Nardil (MAOI) 	phenelzine
Norpramin 	desipramine
Pamelor 	nortriptyline
Parnate (MAOI) 	tranylcypromine
Paxil (SSRI) 	paroxetine
Pertofrane 	desipramine
Prozac (SSRI) 	fluoxetine
Remeron 	mirtazapine
Serzone 	nefazodone
Sinequan 	doxepin
Surmontil 	trimipramine
Tofranil 	imipramine
Vivactil 	protriptyline
Wellbutrin 	bupropion
Zoloft (SSRI) 	sertraline


Antianxiety Medications

(All of these antianxiety medications except BuSpar are benzodiazepines)
Ativan 	lorazepam
Azene 	clorazepate
BuSpar 	buspirone
Centrax 	prazepam
Librax, Libritabs, Librium 	chlordiazepoxide
Klonopin 	clonazepam
Paxipam 	halazepam
Serax 	oxazepam
Tranxene 	clorazepate
Valium 	diazepam
Xanax 	alprazolam

Stimulant Medications

Adderall 	amphetamine 	3 and older
Adderall XR 	amphetamine
(extended release) 	6 and older
Concerta 	methylphenidate
(long acting) 	6 and older
Cylert* 	pemoline 	6 and older
Dexedrine 	dextroamphetamine 	3 and older
Dextrostat 	dextroamphetamine 	3 and older
Focalin 	dexmethylphenidate 	6 and older
Metadate ER 	methylphenidate
(extended release) 	6 and older
Ritalin 	methylphenidate 	6 and older
*Because of its potential for serious side effects affecting the liver, Cylert should not ordinarily be considered as first-line drug therapy for ADHD.

Antidepressant and Antianxiety Medications

Anafranil 	clomipramine 	10 and older (for OCD)
BuSpar 	buspirone 	18 and older
Effexor 	venlafaxine 	18 and older
Luvox (SSRI) 	fluvoxamine 	8 and older (for OCD)
Paxil (SSRI) 	paroxetine 	18 and older
Prozac (SSRI) 	fluoxetine 	18 and older
Serzone (SSRI) 	nefazodone 	18 and older
Sinequan 	doxepin 	12 and older
Tofranil 	imipramine 	6 and older (for bedwetting)
Wellbutrin 	bupropion 	18 and older
Zoloft (SSRI) 	sertraline 	6 and older (for OCD)

Antipsychotic Medications

Clozaril (atypical) 	clozapine 	18 and older
Haldol 	haloperidol 	3 and older
Risperdal (atypical) 	risperidone 	18 and older
Seroquel (atypical) 	quetiapine 	18 and older
Mellaril 	thioridazine 	2 and older
Zyprexa (atypical) 	olanzapine 	18 and older
Orap 	pimozide 	12 and older (for Tourette's syndrome -- Data for age 2 and older indicate similar safety profile)


Mood Stabilizing Medications

Cibalith-S 	lithium citrate 	12 and older
Depakote 	valproic acid 	2 and older (for seizures)
Eskalith 	lithium carbonate 	12 and older
Lithobid 	lithium carbonate 	12 and older
Tegretol 	carbamazepine 	any age (for seizures)

WAIT! I havent even got to the pain medications yet. Maybe later.

READ THE FULL ARTICLE HERE:

Memo Prompts a Fresno Medical Marijuana Dispensary to Re-Open – 10/19/09 – Fresno News – abc30.com.

The average discount was 10 percent as of Oct. 1st… READ MORE

Watch this YouTube video in which Max Keiser calls for the decapitation of FINANCIAL TERRORIST.

[youtube]http://www.youtube.com/watch?v=NzvMh73WflQ[/youtube]

[youtube]http://www.youtube.com/watch?v=-wI6uAOHzvo[/youtube]

Finally they see the light!

Accordingto this Reuters News Article the recession begain in December of 2007. This would make my declaration of the Official Beginning of the Recession about a month off.

Why rely on these numbers crunchers to inform you a year after the fact?

Lazarus – Real Estate Broker and Financial Prognosticator Extraordinaire

So, when I announced the recession I said I would not be buying Starbucks beans until its over.  Ok, not only am I not purchasing Starbucks beans, recently I decided to give up their formula for a perfect cup of coffee. Starbucks recommends that you brew your coffee using 2 tablespoons per 6 ounces of water.

I am convinced that the success of Starbucks has been, in great measure, simply due to the fact that they brew their coffee very strong.  Starbuck’s brew is not my daddy’s brew —  the weak, often reheated, and even sometimes made with reused grinds, brew made from the 3 lb. can of whatever brand was cheapest.  NO! Starbuck’s coffee is a REAL MAN’S coffee — STRONG —– it’ll put hair on your chest – COFFEE, and I love it that way.

Nevertheless, I have decided, that I can still enjoy a decent cup of coffee with half the amount of grind.  So, as the recession deepens I am cutting back to 1 tablespoon per 6 ounces of water which still falls within guidelines for good cup of coffee according to the National Coffee Association.  But folks, it hasn’t stopped there.  I’ve also decided that I can use our 2% milk as a creamer instead of buying Half and Half. Since I go through approx 1 quart of half and half per week and approx 2 lbs of beans per month I estimate a monthly savings of $12.00 to $15.00 per month.

		Direct: Fax:		559.301.1647 559.438.7475
1319 W Bullard #4 — Fresno CA — 93711
© Randy “Lazarus” McAtee

Be careful, there is all sorts of fraudsters and phishers out there. The most recent one I’ve seen is invitations to Yahoo groups that dont even exist. Awhile back I almost fell for an email that said I failed to make a payment on Ebay. Since I had recently done some ebay transactions I thought it was legit.