I grew up on The Waltons and alas, the prolonged economic downturn has forced thousands of young adults to move in with their parents until their job prospects improve. US Families are Living More Like The Waltons Again: Can you claim an adult child as a dependent on your tax return?

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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 [...]

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 Nominated by the agents of Sotheby’s International Realty® Sunset Brokerage, these are our “Hot Properties” for the week of December 7th till now, 2011. Call me at 3108881881 if you are interested in making an appointment to tour one of these well-priced listings.  -Carlo Capomazza                     [...]

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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.

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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.

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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.

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“They China have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections for property rights that every serious economy needs over time,” Geithner told a forum in Washington.

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Obama was supposed to fix health care, but it seems like at every turn, it just gives us more headaches.

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