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21 Taliban Insurgents Killed in Clashes
Today's Headlines
Headline Comments [Views]
Page 6: Politix
5 23:06 Barbara [768] 
2 07:19 Bright Pebbles [277] 
8 23:03 Barbara [408] 
9 09:54 Bright Pebbles [291] 
Page 1: WoT Operations
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1 01:36 SteveS [294]
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2 15:22 Barbara [325]
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1 07:14 Besoeker [325]
1 02:12 g(r)omgoru [307]
4 15:41 Rambler in Virginia [306]
Page 2: WoT Background
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2 18:05 Frank G [270]
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1 08:16 Frank G [334]
1 21:33 Mikey Hunt [404]
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3 21:46 Pappy [462]
1 08:04 Besoeker [283]
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1 09:10 newc [271]
2 18:57 Gruth McGurque5303 [369]
1 09:13 Besoeker [305]
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7 14:40 Tiny Angusoling6838 [328]
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1 01:06 Water Modem [292]
1 01:31 JosephMendiola [313]
6 09:19 Besoeker [571]
4 20:03 Charles [408]
7 19:44 Dale [385]
8 20:59 Procopius2k [758]
1 21:08 Dale [673]
Page 3: Non-WoT
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2 15:42 g(r)omgoru [362]
7 21:54 Pappy [465]
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Page 4: Opinion
1 15:39 g(r)omgoru [300]
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4 13:36 Barbara [624]
Falling Home Prices Drag New Home Owners Under Water
(Reuters) - More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame.

That figure, provided to Reuters by tracking firm CoreLogic, represents about one out of 10 home loans made during that period.

As of December 2011, the latest figures available, 31 percent of the U.S. home loans that were in negative equity - in which the outstanding loan balance exceeds the value of the home - were FHA-insured mortgages, according to CoreLogic.

Many borrowers, particularly since late 2010, thought they were buying at the bottom of a housing market that had already suffered steep declines, but have been caught out by a continued fall in prices in wide swaths of America.
Definitely got the change, but confused about the hope part.
Posted by: Snoter Speating5571 || 04/28/2012 00:00 || Comments || Link || E-Mail|| [291 views] Top|| File under:

#1  In related news: Thirty-five big U.S.-based multinational companies added jobs much faster than other U.S. employers in the past two years, but nearly three-fourths of those jobs were overseas, according to a Wall Street Journal analysis.
Posted by: Anguper Hupomosing9418 || 04/28/2012 0:25 Comments || Top||

#2  Recent home loaners who thought they were buying at the bottom of a doomed housing market turned out to be catchers of falling knives. Hard to be left holding the bag when your fingers have been cut off.
Posted by: Anguper Hupomosing9418 || 04/28/2012 0:32 Comments || Top||

#3  If they bought the homes to live in and not as an investment they might be OK in 10 years. If they don't lose their job.
Posted by: tipover || 04/28/2012 1:31 Comments || Top||

#4  To complicate home purchasing even further, try buying a "short sale" property. The price as listed may NOT be the actual price if the lending institution does not "approve" the sale, the approval of which can take months. I suspect the bank must get gov't assurances that their loan will be restored, and that is the old up.

The housing market in Georgia has YET to bottom out as many houses remain empty, abandoned and unlisted. Evidently the banks (or gov't) do not want to flood an already fully saturated market.
Posted by: Besoeker || 04/28/2012 6:53 Comments || Top||

#5  I like the Austrian school view. Houses are getting more affordable. This is good.
Posted by: Bright Pebbles || 04/28/2012 7:17 Comments || Top||

#6  I agree BP. Isn't it interesting though, the "rules" they just keep changing:

1. I put money in the bank and earn interest.
2. I take out a US Savings Bond each month.

3. My company has a pension plan.

4. I prefer 12 month CD's
5. My home is also an investment.
6 My 401k plan is growing nicely.
7. My PMI is tax deductable.
8. The Alternativer Minimum tax does not effect me.
9. The sale of my house is tax exempt.del>

Posted by: Besoeker || 04/28/2012 7:56 Comments || Top||

#7  Now it might not be a popular view here, but I think the economy has been structured so extracting "energy" from the economy without work seems untaxed, yet working etc is highly taxed. Seems to favour the politically connected very well.
Posted by: Bright Pebbles || 04/28/2012 8:40 Comments || Top||

#8  Obama hasn't been paying mortgages, as expected.
Posted by: badanov || 04/28/2012 9:17 Comments || Top||

#9  Not subsidising excessive borrowers is GOOD not bad. Just need to stop subsidising banks (in reality their bondholders) now...
Posted by: Bright Pebbles || 04/28/2012 9:54 Comments || Top||

Hollande toughens immigration stance
[Daily Nation (Kenya)] French Socialist presidential frontrunner Francois Hollande toughened his stance on immigration Friday in a campaign increasingly fought on themes dear to the far right.

Hollande will face right-wing Nicolas Sarkozy
...23rd and current President of the French Republic and ex officio Co-Prince of Andorra. Sarkozy is married to singer-songwriter Carla Bruni, who has a really nice birthday suit...
in a May 6 run-off for the presidency, and both are scrambling to recruit voters who backed far-right anti-immigrant candidate Marine Le Pen in the first round.

Hollande repeated a pledge to ask parliament to cap the number of migrants allowed into La Belle France every year -- Sarkozy has vowed to halve the number to around 100,000 -- but warned it would never halt the flow.
Posted by: Fred || 04/28/2012 00:00 || Comments || Link || E-Mail|| [277 views] Top|| File under:

#1  So which one will win Le Pens beguiling feminine favors?
Let me see - Eeny, meeny, miny, moe
Posted by: tipper || 04/28/2012 6:53 Comments || Top||

#2  France cannot do anything about immigration whilst in the EUSSR.

Bluster and lies.
Posted by: Bright Pebbles || 04/28/2012 7:19 Comments || Top||

-Election 2012
Romney Wouldn't Have Wacked Osama - Says Obama
I didn't think The One could stoop so low. So why am I not surprised?
Would Mitt Romney have ordered the raid that killed Osama bin Laden? President Barack Obama's re-election campaign released a new video on Friday that strongly implies that he would not have, using the presumptive Republican nominee's own words against him.

Ever since Vice President Joe Biden boiled down Obama's 2012 slogan to "bin Laden is dead, GM is alive," it has been clear that the embattled incumbent would not hesitate to use the May 2, 2011, Navy SEAL strike as a political weapon.
Never in the course of human events has one person taken so much glory for something he didn't do.
The video, taken from footage shot for Obama's 17-minute campaign commercial "The Road We've Traveled," opens with the message "The Commander-in-Chief gets one chance to make the right decision" and turns to former President Bill Clinton for validation. "That's one thing George Bush said that was right: The president is the decider in chief. Nobody can make that decision for you."

The Obama video came one day after Vice President Biden, in a speech assailing Romney on foreign policy, declared: "On this gut issue, we know what President Obama did. We can't say for certain what Gov. Romney would have done."
I still think Obama hesitated until someone else said "Go" - that way he could blame someone else if it failed.
Posted by: Bobby || 04/28/2012 14:30 || Comments || Link || E-Mail|| [768 views] Top|| File under:

#1  17 Minutes? Stretch and yawn, get the coffee on.

If half the stuff released is truthy, they had enough time to build a mock-up, custom fit the equipment, and train train train.

But hey, prezzy limp wrist wants credit, then he hates Native Americans and is a Bush League War Criminal.
Posted by: swksvolFF || 04/28/2012 16:40 Comments || Top||

#2  As Commander in Chief, President Obama deserves copious accolades for the Bin Laden take-out that occurred on his watch. First, the intel was fully developed under his administration. Second, he acted proactively on said intel. And finally, the decision to send troops and not munitions was the right call. With that said, and with all due respect, the event deserves more perspective.
First, it would be naïve to believe that the foundation for the actionable intelligence didn’t originate from platforms Obama continues to call “excessive”. Second, it’s unimaginable that any post-911 US president, when given the chance, wouldn’t act decisively to take out the world’s most notorious terrorist. And finally, all military operations into sovereign countries carry enormous risk. However, launching cruise missiles into a country engaged in a nuclear cold war with its neighbor would have the potential for regional disaster. Such repercussions would be too risky even for the likes of a Bin Laden.
A President Bush, President Obama, and even a President Romney, in all likelihood, would have made similar decisions on this one. President Obama appears both shallow and foolish to suggest otherwise.
Posted by: DepotGuy || 04/28/2012 20:40 Comments || Top||

#3  So.. how long did Obama wait to make his 'epic decision'?
Posted by: CrazyFool || 04/28/2012 21:00 Comments || Top||

#4  Peggy Noonan of all people has an article out about how booring, or more specifically summed up, how he fails to make any noteworthy appearance..other than getting booed at sports events that is.

I remember how I first heard about the binny raid. It was from a baseball broadcast announcer. And not because I was not disinterested, it was because bammer was late to his own endzone prance, specifically an oddly telephotoed hallway walkup and walk out. I remember the fans in the stadium getting out a solid USA! chant a couple times, flipping back in between pitches and plays, to an ever waiting and uncomfortably impatient White House broadcast.

I will say that I am a bit pleasantly surprised. This week was the surprise week that people finally convinced me to be fully on board with Team Romney. Way to go Department of Labor, Enemy List, and purely speculative and broadly petulant Minority Report type styling of such a small speculation of unreality.

Perhaps next week, now that the Horseland Cartoon depicting kids taking care of Ranching Equipment is no longer going to be anti-government propaganda, preezy could allow his opinion onto whether the blond haired boy is really running a slave trade in the guise of what would have been an illegal dude ranch, and of course I am sexist for the Specolish use of dude.
Posted by: swksvolFF || 04/28/2012 21:54 Comments || Top||

#5  "I didn't think The One could stoop so low."

Nonsense. You ain't even see low yet as far as Bambi is concerned. >:-(
Posted by: Barbara || 04/28/2012 23:06 Comments || Top||

Major Obama 'bundler' gets Dutch ambassador post
Posted by: Besoeker || 04/28/2012 00:00 || Comments || Link || E-Mail|| [408 views] Top|| File under:

#1  An ambassadorship, not a bad payday. And it wasn't even his money that got him there.
Posted by: SteveS || 04/28/2012 1:28 Comments || Top||


Looks like the Bammer has a case of skeletons in the 2008 closet vee JOHN-LIZ-RIELLE???
Posted by: JosephMendiola || 04/28/2012 1:47 Comments || Top||

#3  Well, as long as he doesn't appoint Rev. Wright ambassador to Israel...
Posted by: g(r)omgoru || 04/28/2012 16:08 Comments || Top||

#4  Wright would never take the posting, grom - he wouldn't want to be around that many Jooooooz. >:-(
Posted by: Barbara || 04/28/2012 16:22 Comments || Top||

#5  Not to mention all those white folks.
Posted by: SteveS || 04/28/2012 17:07 Comments || Top||

#6  Does he speak Dutch? Or Austrian?
Posted by: Frank G || 04/28/2012 17:27 Comments || Top||

#7  What a walloon.
Posted by: Blackbeard Noodleman4715 || 04/28/2012 18:53 Comments || Top||

#8  Blackbeard wins! :-D
Posted by: Barbara || 04/28/2012 23:03 Comments || Top||

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Two weeks of WOT
Sat 2012-04-28
   21 Taliban Insurgents Killed in Clashes
Fri 2012-04-27
  Separate bomb blasts rock Nigeria's newspapers, at least six killed
Thu 2012-04-26
  Libya bans religious, tribal or ethnic parties
Wed 2012-04-25
  Sacked Yemen Air Force Commander Quits Post
Tue 2012-04-24
  India orders deportation of 10 French nationals over Maoist links
Mon 2012-04-23
  Kazakh court sends 47 men to prison for terrorism
Sun 2012-04-22
  Tons of Explosives Seized from Militants Planning Attack in Kabul
Sat 2012-04-21
  Sudan Rebels Kill 79 Troops, Militia in Blue Nile
Fri 2012-04-20
  8 die in Michoacan state as conflict goes hot
Thu 2012-04-19
  Qaeda leader suicide bombs himself and family in Iraq
Wed 2012-04-18
  Hadi Refuses to receive Former Yemen President
Tue 2012-04-17
  UN Camp in South Sudan Targeted by Sudanese Warplanes
Mon 2012-04-16
  US drone strike kills senior al-Qaeda Militant in Yemen
Sun 2012-04-15
  Afghan capital hit by blasts, gun attack
Sat 2012-04-14
  U.S. drone strike kills 7 al-Qaeda members in Yemen

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