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4 of US’s 10 Richest Zips of 2011 are in CA: Santa Monica’s 90402, Los Alto’s 94022, LA’s 90077, Portola Valley’s 94028, & BH’s 90210

That’s right: 4 of America’s 10 Richest Zips of 2011 are in California: No.10: Santa Monica’s 90402, No. 9: Los Alto’s 94022, No. 6 Los Angeles’ 90077, No. 5 Portola Valley’s 94028, No. 4 Beverly Hills’s 90210. Not a big surprise since key developments in the early 20th century included the emergence of Los Angeles [...]

Most homeowners still doing better than expected, with equity in the black

Nearly half of all owners with mortgages have at least 25% equity stakes in their properties, and about a quarter of owners with mortgages have more than 50% equity, a new study shows.

Whitehouse.gov Requests 5000 signatures in October for #Fairtax.org Petition to get Obama Response!

I don’t normally send out requests to sign petitions as I’m not sure how effective they are and I think we all get petitioned out. A personal call or letter to your elected official is often the best way to be heard.

* In this case though I think it is very important to respond to the request to sign the petition for the FairTax’s consideration on the whitehouse.gov site.

IN RUSH TO ASSIST #SOLYNDRA, #OBAMA MISSED WARNING SIGNS

But behind the pomp and pageantry, Solyndra was rotting inside, hemorrhaging cash so quickly that within weeks of Mr. Obama’s visit, the company canceled plans to offer shares to the public. Barely a year later, Solyndra has become one of the administration’s most costly fumbles after the company declared bankruptcy, laid off 1,100 workers and was raided by F.B.I. agents seeking evidence of possible fraud.

Fed to Hold Rates Exceptionally Low Through Mid-2013 Boding Better for Home Sales

The Federal Reserve on Tuesday said that the risk of a downturn in the nation’s economy had increased, and that it was prepared to use additional policy tools, including extending its period of exceptionally low interest rates, until at least 2013.

Worst Congress Ever – So Obama should Speak of Bold New Policies to Boost Business, Cut Spending and Regulation #cartoon

Hyper partisanship and the messy battle to raise the debt limit has caused the approval ratings of Congress to sink. A recent CBS News/New York Times poll even had the disapproval rating of Congress at 82 percent, the highest in decades.

Learning the Hard Way? Cartoon on Presidential policy and the National Debt

Cartoon:
Obama: Let’s compromise. You collect more money and I’ll reduce our speed.
House of Representatives, the most accurate representation of the citizenry unlike the good ole’ boy Senate: Mr. President change course we’re going to crash.

Good News: Pending Home Sales, a Bellwether of the Economy Rise in June

The Pending Home Sales Index rose 2.4 percent to 90.9 in June. All regions show double-digit gains from a year ago.