Home Owner and Bank Protection Act Now more than ever

The crash of housing's in that direction;
The homeowners need some protection;
don't want the cities filled with homeless;
The oligarchy is totally clueless;
Just like a tatoo;
The system is through;

(spoof- Just like a Tatoo- Jordan Sparks)

Yes, we need the home owner and banking act from Larouchepac now more than ever. Hillary Clinton has gone at least part way with her proposed freeze of mortgages at least for 90 days, and a five year freeze in the rise of Adjustable Mortgage Rate Mortgages' rise in interest rates.

That is why Hillary is getting such bad press and the media seems to "love" Obama. They don't love Obama, they support his job of getting rid of Hillary, which hopefully won't happen, and then having Mr. O. scandalized into oblivion. Ever heard of the Rezko chicago trial, also real estate related?

A very sweet Blog from a California Filipina

Let's take a look at http://anemptycup.blogspot.com/2008/04/enchanting-paradise.htmlwhich is a new blog that I am looking at. It is written by a woman from the Philippines that just got married last year. She lives with her husband in California now.

This post that I linked to describes a resort area in the Philippines called Boracay, which is a developed island now filled with tourists. The pictures of tourists, little fishing boats, hotels, and sunning on the beach really look inviting. Especially since I am stuck in New York and never go anywhere. I wonder what the real estate prices are like on Boracay, Philippines.

The blog also has a link to her eBay store, where she sells a few different things, including rolls of Wheat Head US Pennies.

The Casino of Housing coming down

Worthless paper you're caught with;
Until it spins down to the African sea;
You can have cash, if you beg real hard;
And you're Morgan Chase or B of A or Citi;
Yes, Redwoods talk to me,
Say it plainly, the auction-securities,
Are worth less now, then when they were trees.

(Spoof, Jefferson Airplane, "the Human Name doesn't mean shit to a tree")


The Casino of housing is coming down for very simple reasons. The mortgages now are sold and packaged as Mortgaged Backed Securities. But, now, the banks buying them, or others, have little way to determine what these MBS (Mortgaged Backed securities) are worth. Perhaps the housing market will collapses a lot more.

This is why the collapse of the auctioned-backed securities is such a disaster. The big banks stopped running the auctions, and $380 billion of paper is totally frozen. It used to be AA paper, now it is totally worthless.

Looking at other Blogs and Graphics

A nice blog to check out is JesseNeo.com which is a very interesting blog and selection of ideas. You can get really cool myspace Graphics there with the whole cartoon thing done right. It's a very dreamy website and has lots of myspace-y stuff. It may be a good place to go, to get away from the collapse of the real estate bubble.

Jesse, also known as cartoonbabyboy , has been trying to work out what accent he has. He lives in Sydney Australia. He thinks he has a Chinese accent, but perhaps also a British and Aussie accent. How cute!

Jesse loves his mobile phone and is into dreams and stuff.He would like to have dreams and reality switch over and know the true meaning of life. He thought of a clone from a paradise he's had in his head for a long time. I don't know what else to say, it can sometimes to hard to learn what the younger generation (than an old geezer like me) is doing.

Real Estate Stuff and Foreclosure videos

Wouldn't it be a lot of fun to get real estate videos? Then you could learn about foreclosures and all sorts of stuff. Who knows? With all the prices of housing collapsing, maybe there actually is a new way of making money off the dungheap. I know it doesn't sound that great or virtuous, but here is something I picked up on You Tube.

Watch the latest videos on YouTube.com

Feds Don't Act, States do, on Mortgages

Various states such as Pennsylvania and Minnesota are taking limited action to slow down the pass of home foreclosures. Maryland's Governor O'Malley has signed a bill that a bank has to wait not 15 but 150 days to foreclose on a house, after the owner is in default. Foreclosures in Philadelphia, Pa. have been suspended in April. In Minnesota, there is a bill to let borrowers defer part of their mortgage balance for up to 1 year without being considered delinquent. It still isn't enough, unless the US Congress passes LaRouche's HBPA, Homeowner and Bank Protection act.

Paul Volcker not very Diplomatic

Former Federal Reserve Chairman Paul Volcker is now 80 years old and thinking about the future of the nation. He just spoke at the Economics Club of New York. The Bear Stearns bailout reached the edge of legality according to Volcker. Where can the nation go, if the policy now seems to bailout everyone and everything. The Mortgage Backed Securities were accepted by the Federal Reserve, in exchange for $30 billion in cash to, I guess, Morgan Chase, to "buy" Bear. Such a deal.

Loudon County, Leesburg, Va., Foreclosure Central

As Lyndon LaRouche predicted two years ago, Leesburg, and Loudon Co., Va. have become the center of the collapse of the real estate bubble. One out 60 households are in foreclosure, including $1 million "McMansions." These McMansion developments have had a delitory effect on the environment as well, where fields are not maintained properly, as the former farms were. Mice fill large areas and spread choice diseases such as Lyme disease, spread through ticks, vectored by field mice.

This area has tripled its population, but now Loudoun Co. Virginia has no industry, it is a pure bedroom community for Washington DC, AOL and various computer geek jobs.

Bear Stearns, they had you, you never had them

Bear Stearns, they had you;
You never had them;
They ripped you off,
Now you bailed them out;
So Bear now that you, have been eaten by Chase;
Goodbye, goodbye.

(spoof of John Lennon's Mother You had Me, I never had You.)

Bear Stearns has disappeared, but the problems that is caused live on. There is a tremendous amount of paper out there that was originated by Bear Stearns, not only sub-prime mortgages, but CDOs, CLOs and the whole alphabet soup. Now it is time to put the paper itself into a bankruptcy reorganization. The more we try to subsidize these deals and sell off the worthless paper, the worse for the real economy. If this doesn't stop, this could be a new dark age.

Want Some San Diego Cal. Real Estate?

San Diego California is a large US City not far from the Mexican border. Some people, for various reasons may even want to live there. If you want some downtown san diego real estate to play with, they got it if you want it. San Diego, Cal. is a city of over 1.2 million people, in a metropolitan area of 2.9 million. It is known for its 16 navy and other military facilities, its miles of beaches, and its border with the wild and woolly city of Tijuana, Mexico.

La Jolla foreclosures to invest in may be your cup of tea. Central San Diego coastal real estate includes the neighborhoods of La Jolla, Point Loma, and Pacific Beach. People who are facing foreclosure are advised by my friends to look at the website profundrealestate.com . Looking can't hurt, and a short sale is better than no sale at all and a seizure of your property by the feds.

Or perhaps you want pacific beach real estate to get a suntan. Who knows, there is little rhyme or reason in the real estate business today. Things go up, things go down, and it may still come around, who knows?

A Witches Brew of Scandal- and Hillary Clinton

The instant sex scandal against now ex- Governor Spitzer of New York may have one big objective- a hit on Hillary Clinton. This could have been the plan, one never knows. This is the big drawback of this whole FBI Homeland Security operation. There are huge files on politicians. Who gets to decide who to hit?

The Boston Globe found that there was a shift to "stand pat until the primaries are over," i.e. that the superdelegates were resisting the pressure to shift from Clinton to Barack Obama. New York Governor Eliot Spitzer, who endorsed Hillary Clinton in May 2007, was one of the superdelegates the Globe reported canvassing, and he said he was holding firm for Hillary Clinton. Spitzer was the state's leader among superdelegates, 42 of whom were for Clinton and only one for Obama.



The following day, March 7, Spitzer was notified by the FBI that he was to be brought down, and on March 8 the New York Times was given details to go with. The Times came out with the scandal on March 10, citing a Federal administration official "with knowledge of the governor's role" in a Federal investigation. The Times demanded Spitzer's resignation in editorials March 11 and March 12.



The Washington Post, controlled by Rohatyn-Lazard, "signalled" in a piece this morning that Senator Clinton and former President Bill Clinton should be asked repeatedly, while campaigning, about the Spitzer case. The Post spewed its venom on Clinton by presenting the Spitzer as a "bad-luck charm" for her.


The resignation of Admiral Fallon, a critique of Dick Cheney's Iran war strategy is another reminder of "other ways" of doing politics.

Good Credit Gone Bad

What happens when your good credit goes bad? You better get a bad credit card. That's right there are offers for credit cards for people with bad credit. What is that? Yes there are fees on these credit cards, but the APR on purchases can be as low as 9.9-percent. What is more, by having and using these credit cards you can reestablish your credit as a consumer and someone who pays their payments on a monthly basis. And that is how you can save you and your family from ongoing difficulties with credit.

The Physical Economy and the Green Machine

And if you put a solar mirror;
On your roof, will anybody care;
And you've just shoved into something creamy;
And your brain is beginning to tear;

Call Greenie, and the Global Warming...

(spoof: Jefferson Airplane, Gracie Slick singing, Feed your Head)

There is nearly a third more ice in Antarctica than usual. The Daily Express recalls the photograph of polar bears clinging on to a melting iceberg, which has been widely hailed as proof of the need to fight climate change and has been used by former VP Al Gore during his "Inconvenient Truth" lectures about mankind's alleged impact on the global climate, and points out that Gore fails to mention that the photograph was taken in the month of August when melting is normal. Or, that the polar bear population has soared in recent years.


It is nice to think what businesses there are in the global warming trades. You could start a business installing solar panels, and also be promoting solar energy. You could help householders put up windmills, or as they say these days, wind turbines. That would promote carbon free energy. Of course, the whole thing may totally be an exercise in futility. One of the best way for governments to encourage entrepreneurs to start green or any business is for the government to sponsor infrastructure projects as for an example, to build maglev trains.

More on Mortgages in the UK

If you think that interest rates will continue to go down, at least in the UK, you may be interested in a tracker mortgage. Of course, for the time being, the Bank of England has frozen the level of interest rates, but that could change soon. Due to the credit crunch, there is strong pressure to lower interest rates and to inflate the money supply, in order to get the real estate and mortgage markets somewhat liquid. Whether this classic textbook move will work is another question.

In the United States, a tracker mortgage, I guess, would be the same thing or similar to an ARM, an Adjustable Rate Mortgage. In any event, it is very interesting that these mortgages come in for as low as a 2-year time span. I guess that after the two-years, you have to get another mortgage. How does one decide whether to get a fixed-rate mortgage or a tracker? The bankers say it depends on what your atitude to risk is. Personally, I think it is a lot safer to get a 30-year fixed rate mortgage for the home that you purchase.

After all, you do need to be able to make a long-term household budget. You can not plan your expenses on the necessity for striking it rich or winning the lottery. And another factor is that even if interest rates go down now, who is to say what they will do in the future. That, probably is the reason that some people are attracted to a mortgage that also has a 2-year term. They feel that if interest rates start to go up again, they can readjust their new mortgage accordingly. However, this leaves out one very important risk factor. When money becomes tight, or even tighter than it is now, then it can become virtually impossible, say two years in the future to get a loan at all. That is why I favor the fixed long-term mortgage. Get a Free Mortgages Quote and find out what's right for you.

Spanish Banks and Real Estate Games

The Spanish banks are in a lot of trouble, with real estate, like banks all over Europe and the United States. They are papering over their books by creating new SIVs and then using them as collateral for new loans from the European Central Bank. What is in the SIVs? Who knows? This stinks of an Enron-type of game. Real estate loans that are of questionable value are sold to a wholly owned subsidiary, which puts them in an offshore SIV. When it collapses the ECB is holding the bag.

Spanish banker are thought to have been creating securities and SIVs solely for the purpose of obtaining cash from the European Central Bank (ECB), the Frankfurt correspondent of the French daily Les Echoes reported. The paper quotes Adam Slater, of Oxford Economics, as saying "The worries are on the fact that, in certain countries, banks are creating SIVs whose only purpose is their use as collateral at the special discount window of the ECB and to use these loans to prop up their financial deficits." And you thought Enron was over?

The volume of asset-backed securities (ABS) being used as collateral for loans from the ECB has been climbing, with ABS rising since September to 215 billion euros, or 17% of the collateral provided by borrowers to the ECB, up from 12% in 2006. Spain is also the location of a massive real estate bubble. Since last September, the Spanish banks alone represent 9% of the volume of refinancing conducted by the ECB, whereas they comprised only 4-5% before then, not a very healthy trend at all. Mr. Slater comments that when the real estate bubble pops, the collateral will go bad, if it hasn't already. Then the banks will need more and more collateral.

Instead of Getting Depressed about Real estate, try Plastic Surgery

The American singer Kelly Rowland has confessed that she had a "boob job" to make her breasts larger. I don't know why this is really necessary. Don't all the models want to be flat as a board? There is really so much fantasy going on in our society all the time. With the economy flat and ready to crash, a lot of people are turning their fantasies inward, from that great real estate deal to their body.

After all, if you are not going to become the great real estate wheeler dealer, why not look pretty? Get a Nose Job, Liposuction, Breast Enlargement (hopefully women only), anything as part of the game. With Kelly Rowland being a former member of Destiny's Child, wouldn't she want to be flat on her chest, to look more childlike? I guess when she left Destiny's Child, she stopped wanted to look lik a child, at least in that area.

The Obama Trial, More than a Real Estate Deal

The Obama trial is, sweeter than honey,
About that big house he has, who paid the money,
Before he starts on his change change rap;
How about a little respect?
(Yes, baby)

(spoof "Respect" by Aretha Franklin)



The Economist describes Tony Rezko, as ``one of Chicago's slimiest characters,'' in a city where ``corruption rivals deep-dish pizza as the local specialty.'' The trial of Rezko for attempted extortion, money laundering, fraud, and aiding and abetting bribery, is increasing the pressure on Barak Obama to have to answer questions he has so far avoided, says Economist, reviewing the Obama connections which have been trumpeted in the British press. While Obama has characterized this as a ``lack of judgment,'' the Economist says that ``even a hint of scandal can prove to be almost as harmful as the real thing.''

On the first day of the trial, one revelation of note, from FBI Special Agent Charles Willenborg, was that although in a 2005 interview, Rezko said he had contributed $500,000 to Illinois Governor Rod Blagojevich, internal documents credited Rezko with raising more than $1.4 million for the Governor. No indication yet of who got the unaccounted for two-thirds of the money. Did the Obama-tons get it?

And Obama, what about how Rezko helped you buy your big house?

A Look at Commercial Mortgages

The commercial mortgage markets are doing better than home mortgages in many cases. Especially, in the big cities like London and New York this is true. Money will still tend to be tight, with the fall of Northern Rock. Northern Rock's mortgages will still be circulated, but now they have in effect been nationalized by the British Government.

If you are in the market for a Commercial Mortgage , it is a good idea to get all the information you can to find out how to get the best mortgage as possible. Commercial mortgages span a large market from small little stores and pubs to renting and owning shopping centers and mega-stores. Likewise, there can be unexpected dangers. Even in a place like New York, NY, USA or London UK, it is possible to reach a point where there is overbuilding of office space. Seven of the eight big financial firms in New York City have taken big losses, and if they lay off employers they are going to tend to rent less office space where this is possible. Likewise, Mom and Pop stores are all very fine, but if the huge Target or Wal-mart is built in the neighborhood, that can ruin sales, and ruin the desire for people to rent stores in the area.

There are still plenty of people in small business or who would like to be in small business. These are the people who are interested in renting bed and breakfasts or stores, or if possible getting a mortgage on them

New York State Assembly Not Happy with Bloomberg

NY State Democrats have not been happy with mayor Bloomberg. Mayor Bloomberg, the want to be President or Vice-President of the United States, has been pushing his congestion pricing plan. This would charge anyone wanting to drive into Manhattan below 60th St or so, to be charged $8, and that is just to start. Looking at London, UK, these fees could rise rapidly once they are put in place.

There is legislation increase the tax on hedge fund managers and others who earn $1 million per year, from the current 6.85 percent to 7.7 percent, the New York Times reports. The legislation would produce $1.5 billion in its first year, from 26,000 New York State residents, for the State's General Fund, and, but its second year, the proceeds would be split between the General Fund and transportation infrastructure improvements--roads, bridges, and the New York City subway system (MTA). The Senate Republicans, whom Bloomberg has supported handsomely with donations over the past year, adamantly oppose the tax, as does Democratic Governor Elliot Spitzer, a member of Bloomberg's Rebuilding America's Future Coalition. Said Spitzer: "That [raising taxes on those who make $1 million/year] is not something we can afford to do now."

At the same time, the New York Times reported that it is none other than Mayor Bloomberg himself who is responsible for much of New York City's auto congestion. The Mayor's office has given out 142,000 (counting continues) parking permits allowing city employees to drive to work and park near their police stations, schools, etc. Bloomberg, who had promised to cut these free parking permits when he took office in 2002, instead failed to even take an inventory. Opposition is spreading to Bloomberg's new "Greenie tax." That's what you get when you believe in fantasies like Global Warming.

Telemarketing in the UK

Telemarketing is a way to get more leads for your business. Blueberry Marketing Solutions have defined their company as a "lead generator" specialist. They do the telemarketing work, so that your sales force can have the necessary appointment for your company to get real orders. With more orders you can get more revenue.

Let's face it, with the puncture of the real estate, being in business is getting more difficult than it used to be. Your company has to do a lot of work to get ahead. By having a Telemarketing service to generate lead, your more qualified sales people have time for face-to-face appointments. Your staff is kept pretty business delivering the products and services that your company offers anyway.

Telemarketing can also provide your company with appointment making, database cleaning, sales training and marketing research. So say if the Telemarketers are providing you with leads, that can be a tremendous service. Cold-calling is difficult and extremely time consuming. You can be the most trained person in the world and still get a small amount of results per day. If your company is somewhat known, if you participate in trade shows and the like, then these calls don't have to be in fact totally cold. If the initial contact is made by Telemarketing personnel who know how to generally talk to people, then recontacting the people who respond is a much simpler task.

Obama and Good Real Estate Gone Bad

What makes Obama do what he did;;
Getting favors from a con man;
Rezko and Auchi, the story will out;
Ruining Obama's campaign for Prez;

OK, let's hear it baby---

He's a man, he needs some stuff;
Will this scandal still be enough;
A real estate deal, just like any other;
But will this kill the campaign of the Brother?

-Good Real estate gone bad

(Spoof song- Good Lovin' Gone Bad- Bad Company)
Rezko helped Obama buy a big faux Georgian mansion in Chicago. Rezko in turn got his cash from the mysterious Iraqi-British Billionaire, Mr. N. Auchi. Mr. Rezko, going down in Chicago, got a break with a $3.5 million loan or grant from Mr. N. Auchi, an Iraqi billionaire living in the UK. Now it seems that the US press is beginning to dig up some dirt. This latest in from the Washington Times' Bill Gertz:

Gertz cited a 2004 Pentagon report, which described Nadhmi Auchi--the obscure financial angel for Rezko's deals--as a billionaire, "who, behind the facade of legitimate business, served as Saddam Hussein's principal international financial manipulator and bag man.'' Auchi has denied the Saddam ties, and says that his brother was executed by Saddam.

As quoted by Gertz, Auchi was accused in the report of "unlawful activities working closely with Iraqi intelligence operatives to ... arrange for significant theft from the U.N. Oil-for-Food Program to smuggle weapons and dual-use technology into Iraq,'' and to "organize an elaborate scheme to take over and control the post-war cellular phone system in Iraq.''

Furthermore, according to the Gertz account, Auchi was linked in the Pentagon document to British intelligence. Auchi has denied all the allegations in the Defense Department probe, although his links to "former'' top MI6 officials are confirmed by a search of public records of his companies and the Anglo-Arab Organization he founded. So, Obama could be out soon. The only question is will he succeed in his assigned mission to knock out Hillary Clinton first, and make a path for Mussolini Mouse-a-lini Mike Bloomberg?

A Look at Casino Reviews

As the economic system looks more and more like a Casino out of control, let's look at the real thing. In this case, that's online Casinos. Check out these online casino reviews to find out where to go to try your Lady Luck. You are going to win or lose a lot faster than if you invest in the stock market, but the principle of betting in the same in online casinos, and in the casino of the world financial system.

The biggest surprise is that somehow, some of these casinos are open to United States bettors, or so the reviews claim. This is strange, since the big news story of a while ago is that credit cards companies in the USA were being prohibited to send money to online casinos. According to the review, the Rushmore Casino is open to US bettors, see www.rushmorecasino.com . You can only collect up to $2,000 a week in winnings, and make deposits in your account of $500. They use realtime Gaming software, though they have had to improve their ethics, it seems.

Another casino to take a look at is slotsplus.com aka Slots Plus. They received rave reviews and also offer a $500 welcome bonus, presumably only for playing their slot machines. They also received high marks for security and fair play.

Finally, there is vegascasinoonline.com Vegas Casino Online, with a lot of flashy lights. They have 90 online games, a rating of 90 out of 100 for fairness, and up to a $500 bonus for betting.

In all it is amazing that there is so much gambling online that Americans can go to. See the casino reviews at www.pro360.com and please go ahead and try your luck is you dare.

The Firewall Movie does a Great Job

The Firewall movie does a great job in informing the public about the dangers of the housing and mortgage bubble to the United States and the world. If only more people knew about these situations, we wouldn't have the type of clown show going on in the U.S. Presidential campaign right now. There actually is a real danger of hyperinflation breaking out in the United States and the world.

This hyperinflation would not have to be of the order of hyperinflation in Germany in the 1923 period, or in the 1980s in the Latin American countries in order to be extremely destructive. Already gasoline prices have gone up from $0.99 a gallon (plus tax) at the pump, to around $3 a gallon (plus taxes). That is a 300-percent increase. And other items like key food items are going up as well. Milk is up at least 30-percent, bread is up in many places about the same, and these price increases add up. It is a total fraud to state that inflation is only 7-percent or so, like the Federal Reserve and Bureau of Labor Statistics continue to contend. It really is time for the US national government to put the speculative financial system through a thorough bankruptcy reorganization, before it's too late.

Getting Injured on the Job

Many workers get injured on the jobs, typically on construction jobs. With the collapse of the housing market, there may be less of this, but it's not going away. I had a similar incident in the United States, but there are also Accident Claims UK going on.

When I had my leg hurt in a construction accident, it was a bloody mess. I had a fracture in one leg, and above my knee, the skin was even ripped open. After 3 operations and 7 months rest and therapy, I was able to walk again. The legal case took a lot longer. It's a shame that you have to get a lawyer and go through all this nonsense just to get a worker's compensation claim paid. It would be much better if there was some sort of mechanism where the government could offer injured workers some sort of settlement, automatically. As it was, my case never did go to trial, it was settled out of court, but there were drawbacks for all you worshippers of free enterprise. The lawyer gets to keep 33-percent of the settlement money, for doing not really that much. The main thing that he did was arrange a couple of hearings and depositions. I don't even really remember if the lawyer was there or not.

Some of these cases involve the death of the individual and the survivors getting any money awarded. In the UK, inheritance taxes have to be paid for estates worth over about $600,000. That is not a huge amount when it is considered how much real estate values alone have been inflated in the UK. According to the Scottish Widows Organization, some 10 million families in the UK may be subject to this tax. So that's another thing for you survivors to worry about.

Foreclosures and other Housing Fun

The collapse of housing prices is claiming new victims, as the number of home sales falls and people get holding the bag. Families owe more on the mortgage than the equity value. If they sold, they would have to pay out the difference in Cold Cash. So, in addition to the victims of foreclosure, millions of families are stuck in places, many times that they don't want to be. This is another consequence of allowing mortgage brokers to offer ARMs and other high interest, exotic mortgages, in order to keep the mortgage bubble going for the last five years. Of course the funny part is that these types of dirty deals have been done with everything, including municipal bonds, even government bonds.

Foreclosures are hitting Florida, and California hard, but they have hit Texas as well. Houston is the biggest city in Texas, and real estate prices have dropped there as well. Austin is the capital of Texas, and Austin homes are also showing a lots of collapsed values. Austin, a city of over 600,000 has lots of oreclosure market. Then, the same can be said about Dallas, Texas.

Look at places like Leesburg, Virginia in Loudon County, it was used as a bedroom community for Washington DC, and now the collapse of real estate is endangering the entire community. Home foreclosures are hitting the real estate market and also the banks. A lot of restructuring will have to go on in areas like Virginia, where industries have been destroyed and everyone commutes to jobs in Washington DC, if they can still get them.

Getting a New Shopping Cart

If you are involved in eCommerce, you must have a shopping cart, so visitors to your site and actually buy things. Cheap shopping carts are really a great thing to have and you just pay a low monthly fee. There's even a 10-day try-out. Ashop Commerce recommends itself as totally search engined optimized, and all that. This software is totally transmitted and administered online and has become a favorite of both novices and professionals.

There's a ticketing system and you are able to keep track of your orders. Since everyone and their grandmother is getting into the online marketing business, this is really something that you want to check out. And best of all, you don't have to know any HTML, and programming or anything like that. So the real question, is are you ready to go into the tee shirt business? You can use the Ashop shopping cart to accept credit card payments and get in business. They have a live chat program, so you can easily solve any implementation or operation problems. Go to their site ashop.com.au and see the demo store.

The Ashop Commerce shopping cart also has a support ticketing system to use when your customers send you emails. The tickets are tracked by code, so you have easy tracking of customer complaint emails, or satisfaction emails as well.

Got to try to get it in your head- It's Over

Got to try to get it in your head;
It's over it's over;
The bubble not coming back, bankruptcy instead;
It's over, it's over;
That can be a real good thing;
Save the people, and the physical economy instead;

You really have got to see this Firewall movie, at the Larouche Pac website. It's 84 minutes long, but you don't have to download it, you can livestream it, if you have a decent computer and internet connection. I can really see now, how if we don't put the economic system through a bankruptcy reorganization. We have Mayor Bloomberg on New York, and possible Presidential Candidate, who is pushing with his international League of City friends, a sort of Venetian City-State solution to the bankrupt economy. Let a few mega-cities thrive, and turn everything else back to the Dark Ages. That is Bloomberg's basic approach.

The Joys of Smorty

A new way to get paid for blogging is joining the service known as Smorty, or Smorty.com. Smorty is neat, in that it is very well organized. You get the topics that you want to talk about, and you get to blog for money. In these tight money days, and the tight economy, for people who have to stay home and watch their kids, for example, that can be very useful.

To get paid for blogging, all you have to do is join their service by logging on to their website and registering. It's that simple. And some of the topics that they want to advertise about are quite interesting. You get to learn new things while making at least a little coffee money, and over time it can add up.

So, I really recommend you try it out.blog advertising is just as a respectable way to make money as to write in a newspaper, or sell ads for a newspaper. It might be more respectable, considering how papers can also be beholden to their advertisers.

Brought to you by my friends at Smorty.

Real Estate Mortgages Out of Control in the Bronx

I saw a press conference today, about dealing with the mortgage foreclosure crisis. There is a lot of games about getting people's mortgages refinanced. It can't work more than 10-percent of the time and the payments are still astronomical. 42 New York State Assemblymen and Senators support the Homeowner and Bank Protection Act, including leading Democrat on the issue, Jeffrey Klein, of the Bronx. Unfortunately, that initiative was not what they were pushing on Sat., at Cardinal Spellman High School, off of Baychester Avenue in the Bronx.

On the home mortgage crisis, can we really let 5 million families be foreclosed on? Should we, because for 5-years (2001-2006) banker thieves were allowed to artificially run up real estate prices using Adjustable rate mortgages and other swindles? No. We must use government, to freeze the mortgages, have minimal payments made, and reorganize the over-inflated real estate market. The bankers created a "market" to double and triple home prices, through deliberate FRAUD.

The whole economy is going down. We need a government sponsored infrastructure program, sooner not later. You can combine public works and private companies, but LaRouche warns to be careful. You may be bought and sold like a SLAVE. Ever heard of "Fascism and the World Company?" Anyway, the FDR system of public credit for infrastructure, done by public and private contractors has always worked fairly well, despite human frailties. (Government credit is not the same as tax collections).

Maintaining Physical Infrastructure is not just repairing things. This is a key engine of progress in technology. Next stop is to colonize Mars, with our physical, space infrastructure. Infrastructure has NEVER paid for itself, it has always been partially or totally subsidized by government credit. Government credit is the issuing of money to a contractor who helps construct the government infrastructure. Especially, with the ongoing credit crunch and the crashing system, only government credit will be able to build new infrastructure. (Remember, the bubble is over).

If we don't have new, better Nuclear Energy, we will within a fairly short time (20-200 years, it's unclear) run out of cheap, accessible oil. Anyway, oil is a petrochemical feedstock valuable for many other purposes. WE NEED PROGRESS AS A PEOPLE, TO CREATE NEW "NATURAL RESOURCES" OR ELSE.

Hopefully, these initatives on the Mortgage crisis will start some real action, like freezing the mortgages, not waiting for everything to get worse.

Loans are Still Available for California

It seems that loans are still available for fixed rate mortgage loans for up to 15-year term. That may seem pretty tight, but there should also be a 40-year loan at a higher interest rate. So if you want a San Francisco mortgage, this is a good place to start, according to my friends at www.mlsloanbroker.com . They deal with a Bay Area Mortgage in any case.

Another possibility is a San Francisco refinance. These mortgages do not have prepayment penalties, and don't have points attached to them either, which lowers your cost and your risk. In fact, the only extra payments are a $500 processing fee, and a $15 fee for a credit check.

At the same website you can get a free property analysis and a free economic report. You also get a free quote. Larry Martinez has been in business since 1990, and has worked for the last six years as a Mortgage Loan Specialist, in the corporate field. He teaches home buyers and agents, and wants to get the best deal for you.

The Crash is Continuing

You thought you were off the hook with all the lowering of interest rates. Well forget it Charlie. The Union Bank of Switzerland is looking for over twice as much in bank write-offs of bad loans than what has already occurred since the crash began in June 2007. Here is the latest from Larouche Pac.



The world's top banks may have to write off as much as $203 billion in new losses on top of the $152 billion in writedowns already taken, Swiss banking giant UBS said in an analyst's report. The bank said the banks may have to write off as much as another $120 billion on their CDO holdings, another $50 billion for losses in SIVs, $18 billion for mortgage-related securities and $15 billion for LBO loans. "Risks are increasing and spreading and the liquidity situation is still far away from normal," the report said.

On Feb. 14, UBS revealed it had additional $26.6 billion exposure to American mortgages, on top of the $27.6 billion in exposure to such paper it had already admitted, plus a $2.9 billion exposure to monoline insurers. The bank took a $13.7 billion writedown in the final quarter of 2007, after a $4.4 billion writedown in the third quarter, giving it a net loss of $4 billion for the year.

Foreclosures and other Real estate news

Is it worth buying foreclosures? The prices are definitely down, so that is something to think about. The key thing is also to get a fixed mortgage loan that is payable in a fungible way. San Antonio foreclosures, way down in the heart of Texas seem to be a big thing. San Antonio has become a big city. It has passed 1 million in population and there are a lot of things going on there. You can check out the schools and other neat statistics, brought to you by my friends at nationalrelocation.com

Also worth checking out are Texas mls homes. You can get all the listings of new homes, old homes and foreclosed homes and real estate as well. You get some real time information about where the average prices of homes is way down. You get the information you need to get a good deal.

Las Vegas, Nevada has for a long time been the city of dreams. Las Vegas condos have been desired by many, but for long the price has been going up. They have become out of reach for many. Now is your chance when the prices go down. As long as they keep building some water projects to Las Vegas, in the desert, and they better keep doing that, people seem to want to move there. I guess the climate is just fantastic, the recreation and shows overwhelming, and the fantasy just can't be beat.

Obama is being Puffed Up, When will he Crash?

Obama has been puffed up by the media, the question is when will he crash? His crash is being prepared around the Rezko case. Anthony Rezko has been described as a "slum lord and political fixer." Barak Obama has already had to apologize about receiving over $100,000 in contributions from Rezko and Rezko linked people, and this is only the beginning. Rezko's bail was revoked after it was revealed that the source of his bail money is a Mr. Auchi, a billionaire of Iraq-origin, now living in London, UK. His trial is scheduled to begin on March 3rd, 2008, just before the next big set of primaries, in Ohio and Texas.

The real question is, with all these potential scandals, why has the financial establishment been covering his butt? She is being used to knock Hillary Clinton out of the Presidential race. The Wall St. crowd is not happy about Hillary's call for a 90-moratorium on real estate foreclosures, and a five-year freeze on raising of Adjustable Rate Mortgage interest rates. They want to be bailed out, and that is all.

I Want to Get Away, I want to Fly, Yeah!

With the economy about to crash, this may be your last chance to get away. Cheaper than hotels can take you to a lot of interesting places in Spain, like the Costa Del Sol Torremolinos Hotels. First there is Torremolinos, Spain. Torremolinos is warm and on the water, and the hotels look fabulous. There is even a kosher hotel there. The special today is the Melia Costa Del Sol Hotel only 100 Euro, presumably, per person and double occupancy. The prices at the Adriano Hotel seem unbelievable, only 45-euro/per day/per person. Admittedly it is a 10-minute walk to the beach, but there are plenty of bars and nightclubs in the vicinity.

Recommended by friends at www.cheaperthanhotels.co.uk.

You may also want to check out the hotels in Marbella, also a resort town in Southern Spain. The Costa Del Sol Marbella Hotels are a pretty good deal. This seems to be the place for the in-crowd, like rich tourists from Germany, and other places in Northern Europe. The Park Plaza Suites Apartments in Marbella are going for 375 Euro a day, presumably with space for the whole family. Also on the Costa Del Sol is Benidorm. Benidorm Hotels
are popular with the British population, and they have an overwhelming presence here.

Further north in Spain is Barcelona, and the city of Sitges. Sitges Barcelona Hotels. It is south of Barcelona, which of course is not Costa del Sol anymore, but it may be a good place to go in the Spring and Summer. Just don't let anyone persuade you do buy any real estate while you are vacationing in Spain. The housing bubble can collapse there too.

The Damage in Harlem, NY due to the Real Estate Bubble

The real estate bubble and the ensuing collapse of the bubble have made havoc with our communities. Take a look at Harlem NY around 125th St. On the one hand, large office towers are contemplated for 125th St. Yet the rising rental prices are also kicking out stores that have been in the community for a generation. One of these is the Record Shack on West 125th st. The Record Shack was threatened with eviction in a nasty battle in 1995, but this time there may be no way out, with a possible eviction date of March 1st. Now, wouldn't it be ironic if the same construction projects and high rents collapse after the bubble in New York finally collapses?

Do you want to Stimulate the System Now?

How do you match your income at the current rate of stimulation of the bankrupt financial system? This economy will not recover this way? We can forget monetary stimulation. We need government control of credit, the issuance of credit. We need to direct it to infrastructure, necessary business and economic activity. Take down the current financial system. This is what LaRouche is warning us.

Loudon county Virginia, with the collapse of the real estate bubble, is becoming the ground zero of the collapse of the economy. This is the center of the home foreclosures, at least in the Washington DC area. The subprime crimes have hit, the foreclosures, the bad mortgages. We don't need to have "sexual stimulation" of a dead economy, we need a bankruptcy reorganization.

Bloomberg- Death by a Thousand Cuts

Bloomberg is threatening to run an independent Presidential campaign, financed by his billions. It is scary, because under certain circumstances he could win. We know that him in power would be direct hard-nail fascism, since his whole business background and world view is to bail out the existing financial system no matter what.

Already, in NY City, Bloomberg is merrily cutting services by 2 1/2 percent for the next six months, and planning to do so by 5 percent over the next year.

Hillary Clinton may be able to continue to mobilize the invisible voters, the forgotten man. She has at least addressed the need for a moratorium of home foreclosures. She knows we must do something with home mortgage payments skyrocketing and potentially three million household to lose their homes. Of course, the banks are also threatened to go belly up.

pix at : http://www.reason.com/blog/show/120195.html
Reason foundation

The T-Shirt Queen is allright

In this age of collapse and globalization, it is nice to see someone trying to do the right thing. That is Chitra Desi, and her I Love Harlem apparel line, and she really is the t-shirt Queen. She is trying to get jobs in Harlem. All orders will be silkscreened in Harlem, NY, New York City.

Here is her video, from Fashion Fever, by Struggle Shop, on blip.tv

The Used Car Thing

Getting Used Cars has always been a difficult subject. Like would you trust that Used Car salesman? Would you want your daughter to marry a used car Salesman? But, now, in the age of the Internet, things are changing. You can go to this Used Car portal, based in the UK, and shop for a car online. You click on the type of car that you want. You are ask if you will buy a car 5, 10 20 miles away, or anywhere in the United Kingdom of England, Scotland, Wales and Northern Ireland, and you're on your way.

These cars are listed by brand, and then price, year and mileage. Plus you are told where you can go to pick them up. You can buy either from a private owner, and car dealer or both. You can even ask the person questions. Has the car had a tune-up, or any replacement parts? If the person is a private owner, why is he selling, what kind of repairs has he made, and what experience has he had with the car. This Buy Your Car site, buyyourcar.co.uk even has some advice to help you avoid various scams in this nasty day and age that we live in. And note, this is apparently only for people in the UK, I don't see any indication that these cars are being shipped to the United States or Europe, or anything like that. These friendly people even provide you with an 18-point check list for your car search. So it seems like a good way to save money in our current economic downturn. So enjoy the car, and watch out for the real estate bubble.

This is a sponsored post.

God is like... T-shirt

T-shirt design is a booming industry worldwide. Decorated T-shirts became popular in the 60s and 70s, due to rock n' roll fans wanting to wear a shirt promoting their favorite band. Some of these shirts had memorable designs, such as the "Yes" rock band shirt, and the famous pyramid and rainbow of the "Pink Floyd" rock band shirt.
Before, shirts had often been turned into one of a kind designs through processes such as tie-dye. The shirt would be tied up in knots, put in coloring, and patterns of rings would emerge when the knots were untied.

Here we have the God is Like.... T-shirt, on sale on eBay, in all sizes for $14.99 plus shipping, $5. For the same shipping charge, we can send up to 3 shirts. Get it all at the t-shirt queen, link here. Show your love of God, with this shirt.

How will I Know- Mortgage Crisis- Whitney

How will I know the system is finished;
That all the banks can crash too, bad debt;
It's not just homeowners in the bung hole;
I say a prayer, with every heart beat;

How will I know, if Hillary has guts;
She knows the ARM Mortgages will blow now;
But, will she freeze the banks too, reorganize;
How will I know?????


Sen. Hillary Clinton released a campaign video on the housing crisis, entirely focused on her call for an across-the-board freeze on foreclosures, a freeze on rates of adjustable rate mortgages, and telling voters that "when they choose a President next year, choose one who would have started fixing the economy this year."

Will she take on the bankrupt banks and financial system crisis as well? Time to call larouchepac.com.

pix at http://www.foxnews.com/images/269000/0_62_houston_whitney_102806.jpg

I don't want to be bankrupt no more- Rob Thomas

Well the crash is here;
Will it always be this way;
Printing 500 billion dollars or Euros a day.

So you sing to me, we got to hyperinflate;
Just to get through just just one more day;
Is this sanity, or going to a dark age;

I don't want to be bankrupt no more;
Let's just have a New Bretton Woods,
Reorganize the bankrupt system, and get to build things once again;
I don't want to be angry no more;
This insanity is not what I look for;
Homeowner and Bank Protection for sure,
I don't want to be bankrupt anymore.

After $500 billion was injected to the system, when is enough, enough?

image at here.

Johnny Depp is at it Again

You all remember some of Johnny Depp's recent films like "Pirate's of the Caribbean, Dead Man's chest. That was more of a swashbuckling action film. Like the film said, "You owe Davey Jones your soul, and now it's time to pay up." Davey Jones pilots the ghost ship, the Flying Dutchman. There is also a love triangle. Your a marked man, Captain Jack Sparrow. I was nothing more than an almost innocent bystander. There's a love triangle and a lot of fighting. There is also Orlando Bloom in the film, and Keira Knightley plays the love interest.

After stopping the capture of Jack Sparrow played by Johnny Depp, Elizabeth Swan, played by Keira Knightley and her fiancée Will Turner played by Orlando Bloom are sentenced to death. But Cutler Beckett played by Hollander lets out Will to retrieve Jack's compass. This isn't easy for Turner, as he must now help Sparrow track down the Dead Man's Chest, which contains the beating heart of Davy Jones). Stabbing the heart, would not just destroy Jones but also set free Turner's father, Bootstrap Bill (Skarsgård). The mission becomes even more difficult when Elizabeth escapes and catches up with Jack.



Johnny Depp's new film is "Sweeney Todd, the Demon Barber of Fleet Street." You really must visit the official Sweeney Todd movie site. In addition, you can visit Sweeney Todd on Myspace.

The Movie "Sweeney Todd'is a very funny musical, but of course also macabre and with a few scenes full of blood. It's a funny, but tragic tale. Sweeney Todd is a throat-slashing barber bent on revenge and his accomplice, Mrs. Lovett, is smitten with unrequited love and cooks up the victims in meat pies. One very funny seen is the contest against the rival barber, played by Ms. Baron Cohen. Other amusings scenes include Johnny crooning to his razors "My Friends" as he gets ready to cut his way to death and fame. Rickman is nice and evil as the Jundge and there are lots of other good characters.

I Do Know That He's Wanted- Michael Jackson

The Florida fund is collapsing now don't you know;
But, I do know that he's wanted;
Jeb Bush could be taking a big fall, now don't you know;
But, I do know that he's wanted;

Lock him, shake him down, watch white powder falling round;
Lock him, shake him down, watch for white powder all around;

Late last month, Florida was the victim of a "run on the bank," not by citizens, but by municipalities worried that their local revenues, which they had deposited in a State-run Local Government Investment Pool, were contaminated by bad investments in subprime-related securities. The state was forced to freeze the fund, then split it, in order to isolate $1.5 billion of contaminated securities in a separate fund.

Tuesday's Bloomberg News reveals that $842 million in sub-prime-tainted CDOs which originally poisoned their Pool, was sold to them by Wall Street investment firm Lehman Brothers. Lehman sold the funds in July and August, just as news of the crisis was surfacing. Even more interesting, is that in June, former Florida Governor Jeb Bush, who subsequently started his own Bush Associates consulting firm, had just been hired by Lehman as a consultant. Florida CFO Alex Sink, in what Lyndon LaRouche called "a sign of the times," is now accusing Lehman and JP MorganChase of fraud (foreknowledge) in the sale of the bonds, which they also sold to other states.
So, you can see that the collapse is on and the knives are out. We need a New Bretton Woods and a Home Owner and Bank Protection Act.

image from: http://cache.viewimages.com/xc/2746396.jpg?v=1&c=ViewImages&k=2&d=17A4AD9FDB9CF19390335F8FA9CA92A6C2489390EAF4D3B69930FDCFC4C15FBB

Do You Want Me, Do You give me Money?- Jewel

Feeling the crash, coming on, don't know what to do;
If you bail out the mortgages, bailout the banks, we are screwed;
The only thing is to freeze the mortgages and the bubble;
The MBS is broken, don't worry 'bout the trouble;

Do you want me?
Will you give me money?
The banks are standing still;
Waiting to be bailed out;
But you can't bail them out;
From a pyramid of debt;
You can't bail them out;
From the SIV Aids virus;
Will the craaash, make me homeless?

Treasury Secretary Henry Paulson's proposal will not work to solve the Mortgage Bubble crisis and will actually only make things worse. It is only designed to help a maximum of 12-percent of the entrapped homeowners anyway. It doesn't address the endless drain on the financial system to pay the pyramid of debt from the Mortgage Backed Securities, the CDO (Collateralized Debt Obligations) and all that. And the SIVs were created in the first place to put speculative debt in a place where the banks owned them, they were totally off the books. (SIV stands for Structured Investment Vehicles, now renamed Structured Immune Virus, or Financial HIV). We need the Homeowner and Bank Protection act.

pix at http://www.musicnotes.com/images/features/artists/jewel/jewel.jpg

Payday Loans, My Way

You can get a payday loan for $200 to $1500, in as little as 24-hours. This can help you through sudden emergencies, or holiday gift giving. And if you haven't noticed, the holidays are coming very soon. Payday loans are something that practically anyone can get that has a pay check and a job. Now, don't get me wrong, this is not going to save you from the Adjustable Rate Mortgage going up 5-percent, that is too big. For buying your kid that electric piano, or set of golf clubs for Christmas, this is perfect. To apply for a payday loan you must be at least 18 years old and have a job or some other regular source of income. The money is put into your checking accounting and then withdrawn again, with interest, from your checking accounting on a prearranged, agreed upon date.

War Drive is Dampened, but the Enemy Within is near

With the new National Intelligence Estimate the war drive against Iran, and the rest of the planet is dampened, but definitely not ended yet. We have to keep awake and mobilized. With the financial system going down the tubes rapidly, the idiocy of the oligarchy is rapidly being exposed.

The new pamphlet from LaRouchepac.com is called "Is the Devil in Your Laptop." It is certainly horrifying that young (mostly men) people are being encouraged to become suicide bombers, shooters and assassins through the clubs and networks that inhabit Myspace.com and facebook.com.

This is certainly an occasion for a deep philosophical debate. Maybe all of us computer junkies (like me) are being turned into a bunch of zombies. You thought you were programming the PC, but the PC was programming you! Who knows?

In any case, these violent video games should be banned, for teaching these guys to become assassins.

Seems to have an Invisible Touch -Yeah

Like that guy sang about the "Invisible Touch", there is a massage chair that also has an invisible touch. Human Touch Co. has an award winning line of Massage Chairs that are worth looking at, either for yourself, or for holiday gifts. The HT-7450 is a little miracle available in Chocolate Brown or Black, with enough massage power to gently ease your fears of the collapse of the real estate bubble. The chair can actually vary the massage according to your body size and also it seems can give a foot massage too.

Human Touch has a full line of chair massager products, some for as little as $500, for example, the less advanced I-Joy-100 chair. These chairs are available at dealers nationally. If you buy it direct from the manufacturer, you can also get service for this system, if there are any problems. Sensual massage for back pain, neck pain, calves and feet is not an easy commodity to come by. Imagine if you could get this from massage chairs, instead of paying someone for it, or getting a loved one to do it.

Whole Lotta Love- Whole Lotta Crash- Led Zep

You need crash, baby I mean crash;
Let those sweet bankers steal your pension fast;
Way way down inside, you like being their victim;
They're gonna steal all your cash,
They're gonna steal all your cash,
Wanna whole lotta love;

You must love them, if you let them steal it all.




U.S Treasury Secretary Henry Paulson unveiled his grand scheme to deal with the financial crisis at the Second Annual Housing Summit on Dec. 3, with further details leaked to the Dec. 4 Washington Post by Treasury officials.

The glaring failure of the plan, as indicated by the name of the conference, is that he is treating a global, systemic financial blowout as if it were merely a housing crisis which could be dealt with by reducing mortgage defaults. Paulson knows full well that the hole blown in the financial system--emphatically including the U.S. banking system--by the collapse of the multi-layered, over-leveraged asset-backed securitization markets, goes far beyond the question of mortgages. He's just trying to rape you again with a mega bucks bailout.

Whole Lotta Love- Whole Lotta Crash- Led Zeppelin

You need crash;
Baby I mean crash;
Let those bankers bankers steal your pension;
Rip off your schools and cities;
Honey you need it;
That's what you get for your love,
That's what you get for your love,
whole lotta love;;


You loved the speculative bankrupt system? Yeah!

Midnight Rambling on Wall St.

If you hear about the Midnight Rambler;
His subprime pooled, and inside job;
And don't forget Moody's, Fitch, and S&P;
They were all part of the Bear Stearns Mob;;

Remember, the rating agencies were part of the deal too. They said all this MBS, Mortgage Backed Securities, were as good as gold. LaRouche told you so.
It has gone beyond the rumor mill and has hit the court room. Andrew Cuomo, the NY Attorney General has issued Subpoenas to Deutsche Bank, Merill Lynch, and Bear Stearns. Don't make the mistatke of believing that this is going to solve everything. This is just a question of who goes to jail, who gets fired and all that other juicy stuff.
Presidential Candidate Hillary Clinton addressed part of the Homeowner and Bank Protection Act, with her proposal for a freeze on mortgages and a scale down to pre-balloon interest rates on the ARMs (Adj Rate Mortgages). It won't work without the other half of the proposal, which is to freeze the MBS and in some cases totally write them off. We may have to write ALL of them off, like, speculative bets are worth zero. It is the first step toward a New Bretton Woods, a return to fixed exchange rates between currencies, limiting speculation, and issueing new national credit for big infrastructure projects, that is, if you want to continue to have a civilization. Hope you like the Midnight Rambler, and all those Rolling Stones oldies.


http://www. taringa. net/posts/863186

Flights to USA

You can get flights to USA with very little trouble and at great prices. Dialaflight is a leading UK travel company, with lots of ideas for travel, hotels and flights. Holidays to USA can include Hawaii, Florida, Los Angeles and other warm sunny spots. Or perhaps you want flights to NY in order to enjoy the lights of Herald Square and Macy's? Have you had flights to Washington DC and seen the beautiful museums on the Mall? There's so much to do, now that the deals have gone dry and the monetary system is crashing. These Holiday Offers could be your last fling, your last tango in New York. So come here for the holidays, I'm hanging out in the Bronx if you can find me. Now how about some flight capital?

Blogging Oldies, th Baby Boomer Song Book

Isn't it fun to think about politics and the baby boomer song book? You can pretend that all these songs from the Grassroots, the Beatles, the Stones had hidden political messages. Or at least they could have. Now with LaRouche being right, the whole system is crashing. The financial derivatives and pyramid assure that the crash of the mortgages affect everything else, not just the real estate market.

Yesterday the city council of Philadelphia, Pa. joined Pittsburgh and a dozen other cities in endorsing the only solution on the table, LaRouche's Homeowners and Bank Protection Act, the HBPA. Scurrying for some solution of their own, the banks are scared to death of widespread "reverse leveraging". Whenever even one foreclosure appears on any residential block, the home values of the entire surrounding neighborhood begin to collapse.

According to RealtyTrac, foreclosures rose sharply to about 55,000 in October, up 35% over September, and triple those of October, 2006. And the beat goes on.

Look Up to the Sky

Anyone on your Christmas gift list interested in telescopes? Well, it seems we have the place. At the website opticsplanet.com they have Meade telescopes, Galileo telescopes and so many others. Perhaps if the financial system really does burn up totally, there will be a super nova in the sky. Or perhaps a few comets will be set off by the remnants of the real estate bubble.
Optics Planet is also the sponsor of the Astronomical League, a network of over 200 astronomical societies throughout the United States. I have a friend I need to tell about this, since he has been building homemade telescopes for the last 20 years or so. An 8-inch Meade telescope is marked down from over $3,000 to only $1,999, and that includes the autoscan setup and software.

Other things you can purchase from this provider are microscopes, digital cameras, GPS devices and a whole lot more. For you folks who like to go off into the woods, there is also a lot of military and hunting gear, from flashlights to Jove knows what.

Oh, on the telescope thing, you can also purchase a 3 inch telescope for only $70, so you don't have to knock off your local savings and loan in order to buy some nice student a telescope. Anyway, with the mortgage collapse, your local bank may already be "withdrawn."

Trying to put some Links Up

Putting links up, when you didn't take courses in Computer stuff is really hard. I got this link from Alibris, but I don't know:

As you can see, it is a bad link. I think I could set up a lot more links and blogs and even sites, if I could understand more of this. That is my goal in making this sort of hybrid site with the latest information about the political fight of larouchepac.com, and at the same time with jokes and parodies of popular songs, to try to get some attention of people, in our other directed culture. Whether I succeed or not is doubtful, but with "a little help from my friends" I may figure it out.

Otherwise today were the hearings in the Harrisburg, Philadelphia state house, that is, the capitol of Pennsylvania. Also, the Philadelphia city council passed the memorandum to the US Congress for the Homeowners and Bank Protection Act.

There was a real fight in the hearings at the State Assembly of Pa., in Harrisburg today, with the Republicans mostly still trying to block on the breakdown of the financial system. Some of the Democrats punted as well. Meanwhile a judge from Berkes County testified on the fraudulent practices of banks and real estate companies in creating the sub-prime mortgage bubble in the first place. A social worker from Harrisburg testified, that with foreclosures up 400-percent, she and her agency do not have the resources to help these people, therefore she supports the HBPA- Homeowner Bank Protection Act. A lot more people are looking toward LaRouche and Larouchpac.com to solve these issues and give leadership.

Dear Demon Barber, Sweeney Todd

Sweeney Todd is the new movie, directed by Tim Burton, and starring Johnny Depp as Sweeney Todd, the Demon Barber of Fleet Street. This is the story of an ordinary fellow, who got in trouble with someone rich and powerful and had his life and family destroyed. He was sent to rot in prison, but somehow gets out. He then becomes Sweeney Todd, the Demon Barber, who takes in his customers, cuts their throats, and then with the help of his lady friend, they become meat pies. Not a totally appetizing tale, but it is not only becoming a full length movie, but also a musical. Find out about this great movie, visit the official Sweeney Todd movie site, and you can even make your own confession of desiring revenge.

You can go to the Demon Barber Confessional, and make your own confession, that can be written, audio or a video, of your own asks of revenge that you enjoyed. In fact, each one of us has probably nourished a resentment, and engaged in an act of revenge, probably rather mild, not of course, cutting someone's throat and turning them into a meat pie.

My own act of revenge concerned a blogger who persisted in slandering and insulting a political legend and hero of mine. I was rather limited in my acts of revenge, since I don't even know her real name or place of residence. So I just made fun of her in her comments, and that she must believe in ridiculous things like the real estate bubble. I got this rumor out on the blog about six months ago. Now, that the whole real estate bubble is crashing, she is the one looking like an idio and a fool. I guess that is a little meat pie of revenge. It might have been a bit more tasty, if I got to tell it to her face, but at least her online reputation stands to be very damaged.

New Bretton Woods Talk Internationally

C'mon and make a New Bretton Woods;
Homeowners, Banks Protection Act;
Push the pedal down, watch the world change so quickly;
C'mon let's try, one last time
Go for the floor, one more time to chuck it;

Here we go, nothing left to win;
Here we go, nothing left, begin;

China going openly with LaRouche and the New Bretton Woods is the shock hitting the world this week. The world's largest newspaper, the People's Daily of China, published in both its Chinese and English editions coverage of Lyndon LaRouche's press conference outside of Washington DC. The meeting also concerned the peaceful reunification of China and Taiwan. Note that Hong Kong has reunited with China, but still maintains its separate legal system and currency. It also maintains a capitalist social system.

Also, more towns passed the Home and Bank Protection Act memorandum to the US Congress, with some big towns joining like Newark, NJ and Pittsburgh Pa. Who knows Philadelphia, with over 1 million people, may join in too. And tomorrow, on Thursday, there will be hearings in the lower house of the Pennsylvania state legislature on the Home Owner and Bank Protection Act.

I Feel Fat

It's true, I do feel somewhat fat, that is, overweight. If you really are overweight to the point of endangering your health, you can get a LAP BAND procedure. That is short for a Laparoscopic Adjustable Gastric Banding which is also known as LAGB or the LAP BAND System procedure. The LAPBAND Adjustable Gastric Band is designed to help you lose excess body weight.
Through tiny holes in your stomach, long narrow instruments are inserted, and a band is put around your stomach to create a smaller stomach pouch. Since, you, in effect have a smaller stomach, you eat less, you feel satisfy, and you can thus rapidly go down to a reasonable weight. The Journey Lite has several facilities, which are the houston weight loss center, in Texas, as well as facilities in Tampa, Florida, and LA, California. Now if only the real estate crash could be solved so easily.

Anybody want a Homeowner and Bank Protection Act?

A number of larger and medium sized cities in the United States have just passed a memorandum to the US Congress supporting the Homeowners and Bank Protection Act. These cities include Pittsburgh, PA, Newark NJ, and soon others. Why are they supporting this legislation? Because the financial system is falling apart.

The Homeowners and Bank Protection Act, "HBPA" is model legislation from Lyndon LaRouche Pac on basically freezing mortgages that are in default and at the same time protecting banks from claims from things like Mortgage Backed Securities.

If we throw 5 million households out of their homes in the USA, this will cause a huge social crisis. At the same time these claims on the pyramid are un-payable in any case.

Under the HBPA, homeowners will still have to pay rental payments, in effect, typically the amount they were paying on their mortgage before it ballooned, or some other reasonable figure. So some capital would still be coming to the banks, but it would not be devoted to maintaining a huge pyramid of debt.
A financial pyramid, ie. huge ponzi scheme was created, starting in the early 1980s, of tturning debt (for example, a home mortgage) into an asset. This was called in New York and London a CDO (Collateralized Debt Obligation). Later this was done to at least 6 trillion dollars worth of mortgages, just in the United States. Most of these pyramided derivative obligations, like MBS will be written off or to much lower real values later.

Holiday Cheer

The Holidays are coming, and so is Coupon Chief. When you do your holiday shopping remember that, and you'll save a lot. For example, Target online sells a huge amount of goods, and you can get a discount on all of them. Two sweaters, say for $50 or more total, will suddenly become 10-percent cheaper. Breck's is a top supplier of bulbs, flowers seeds and perennials, apparently from where the tulips first became big business, Holland.

You know you are going to buy all sorts of tnings for gifts for your family and friends, so why not save money and buy more gifts than ever before. couponchief.com is the place to go on the internet. Let's have one more blast before the (financial) crash.

Sacramento Blues

Elk Grove Boulevard at Interstate 5, in one of Sacramento's fastest-growing suburbs. Collapse in mall values and ability to fill it up. The weakness in Sacramento's real estate market is no longer confined to housing. Commercial real estate is starting to soften up, starting with retail space. The shopping centers are not filling up like they used to for 10 years.


Think back now to mid-2004 when Sacramento County's median sales price for resale homes broke through the $300,000 barrier. Now they are going back down under.

So this is why we need the Homeowners and Bank Protection Act. Because it may be good for housing prices to go down, but we cannot have people thrown out of their homes, stuck with unpayable mortgages. We cannot have the banks collapse.

A Young Writer in the South Bronx

Aminata Sillah, a 10-year-old, was honored at an event at 1125 Grand Concourse, Bronx, NYC, NY, in the Andrew Freeman Home, now the home of senior services and the Family Preservation Center. This happened late in November. She wrote a short book that was published and also printed in multiple copies for the Headstart Center, a government program for 3 and 4 year olds. Aminata is a fifth grader at P.S. 218 in the Morrisania section of the Bronx. Her story is called “Playing with the Bees” and it was published through Think It Ink It Publishing, a group that provides professionally illustrated books so children can write their own stories to go with the pictures. Parents and children can have these books self-published. For more information on the company, see www.thinkitinkitpublishing.com . The story book is a pretty book of illustrations of a child in a tent, and then watching bees, and so on, but the story is all by Aminata.

Aminata herself is a former Headstart student. Dr. Alice Wilder, a founder of Think It Ink It, met Aminata while doing research on which illustrations to use to stimulate children to write books, working with kids at the WHEDCO after-school program.

For the afternoon program, first Aminata sat at a table outside the room and both sold and signed copies of her book, and she was also photographed by local press. Then there was a program honoring her, for the current students of Headstart. The program was opened by Ms. Carol Gaskill, director of the Headstart Program and Aminata’s current teachers also spoke. Her teacher Ms. Campbell said that “she always has a story. When her mommy was pregnant, she had a story about the baby. Aminata is always eager to learn,” and also helps calm down other students when they become restless. Aminata and her family are from Gambia in West Africa. She helps translate what teachers say into her native language for other children in her class from the Gambia area. Aminata is thinking about writing another book, this one possibly in Spanish. She speaks three languages, English, Spanish and her native language Soninke. She is planning to be a teacher when she grows up, and now would like to be an author as well.

I Scored

I scored, when I got Math Tutors for my son only 1 1/2 miles from my house, in a beat-up area of the Bronx, NYC, NY. And they were pretty good too. You try teaching an 8-year old boy about fractions, it is not the easiest thing in the world. It's wonderful that children can get tutoring, either one on one or in very small groups, no matter their neighborhood, with these little Score tutoring stores popping up virtually everywhere. And they seem to know what they are doing, this isn't any of that Sesame Street junk. So, get the score, as in Score Learning Centers. Now if they only knew how to multiply the value of my house.

Credit Derivatives Double in a Year

When I need insurance, don't know what the future;
System could blow any day;
Baby, I go crazy;
If all those derivatives can't pay;

Doubling derivatives, all in one year now;
Someone tell me, what is the crime;
Honey, got no money;
But still, please rooooooll me,
and call me the tumbling dice;;


With the credit crunch intensifying, the one financial market that continues to increase, is the credit derivative market, according to a report issued today by the Bank for International Settlements. Credit derivatives, which are essentially insurance policies to protect speculators against defaults on securities, rose from $20 trillion in June, 2006, to $43 trillion in June 2007.

Since all of the major derivatives banks are already bankrupt, the idea that they can insure each other against defaults is ludicrous. The BIS also reported on the size of the global derivatives market, which, it said, has increased by 35 percent in the 12 months ended in June, 2007, jumping from $454 trillion to $613 trillion. The real numbers are likely much larger, the sum total of all derivatives bets is undoubtedly measured in quadrillions. And when it finally goes, that will be the real crash to end all real crashes. Your ARM Mortgage may be bad when balloons upward in monthly payments, but if this larger crap goes on, where will you get a job?

Want to Get Cheap Insurance?

Getting cheap car insurance can be difficult. Often an advertised price is only for those drivers with a perfect record. A few tickets for speeding, or for a bad left turn can cause higher 6-month fees of a substantial nature. The best approach is to shop around for the best policy. What company has a reputation for dealing with claims in a prompt and friendly manner? Make sure you cover what is necessary. With a new, or late model car that you are still paying off, you must have collision coverage. A better type of covergage will even pay for car glass that is destroyed by theft or vandalism.

Both car insurance and home insurance are necessities of life. Your home needs to be insured against theft and fire damage, considering the large amount of money that you have invested in it. Flood insurance is necessary as well in many localities, and also to get as much insurance against possible burglarly and theft. You make a major investment in your home and possibly other real estate, and cannot afford to lose it.

So Sorry, Sang Elton John, about the Housing Crash

So, sorry, so sorry,
It's a sad sad situation;
Deaths from the foreclosure bubble burst;

Some death, some death;
Why don't we protect Homeowners
Protect the Bankers too, from destruction of;
the Nation, why don't youuuuuuu;

News from the Sacramento Landing website, (see link list) shows us that this ongoing death situation around the Housing bubble collapse must be dealt with. It is not enough to make symbolic gestures like Mr. Schwartznegger, the Governator.
We need the Homeowner and Banking Protection Act Now. The mortgages have to be frozen, so that the homeowners pay mere rent payments on the foreclosed housing. And the banks have to be enabled to keep open, despite demands from overseas sources, such as the Cayman Islands, to be bailed out at all costs. If this sounds a lot like what Lyndon LaRouche says, so be it. They don't call him the geezer for nothing.

Even if you wanted to support Giuliani

Let's look at the Giuliani campaign according to its popular image. Forget that it is ignoring the real estate collapse and general collapse of the system.

Giuliani Fights for the Conservative Vote

Giuliani got another regional boost with the endorsement by former Congresswoman Anne Northup (Republican- Kentucky), from Louisville, Ky. She endorsed him, citing his fiscal conservative principles and his commitment to the War on Terror. She plans to serve as his Kentucky State Chair.
On November 16th, Rudy spoke at the conservative Federalist Society. He said he would appoint Supreme Court justices in the tradition of Antonin Scalia and Clarence Thomas. However, he was careful not to talk about Roe vs. Wade and abortion rights, an issue that has bothered many conservatives. As a former Mayor of New York City, of course he supports abortion rights. Nevertheless, last week Rudy was endorsed by Bible Belt Broadcaster Pat Robertson.

In a surprising development, Rudy supported a ruling that threw out the ban on handguns in Washington DC. Rudy as mayor had always been known to support gun control. Now he is supporting the 2nd amendment as the right of the individual to own guns. He was cited in the LA Times as saying “I can't figure where in the Constitution” judges would find the authority to take the words “under God” out of the Pledge of Allegiance or forbid displaying the Ten Commandments on public property. Rudy has been careful on this issue, since otherwise he is not known as a churchgoer. Giuliani also did not see the US Constitution as protecting racial quotas or “the taking of private property to enrich developers.”

On November 7th, on the Mike Gallagher Show, Mr. Giuliani expressed his opposition to states, such as New York, giving out driver’s license to undocumented persons. He said that Hillary Clinton has been waffling on this issue, and now she is saying this is a state by state decision. This sounded to him like Hillary was ready to join the Federalist Society, but on homeland security, Rudy believes in Federal responsibility. But does Mr. 9-11 believe in any basic human responsibility for a collapsing economy and a process of endless war in the Middle East.

Right in the 'Hood

Score Tutoring Centers are amazing. I have had only good experience with them concerning my son. What is also interesting is I had a neighbor who was interested in tutoring his kid but thought that such an Innovative Tutor would only be available in the suburbs some place. Well, I had to tell him that there is a Score Tutoring Center right on Fordham Rd. by University Avenue, in the Bronx, New York. Not exactly a super ritzy suburb. So it is good to know that this innovative centers for math, reading etc. are available and around for children between the ages of 4 and 14.

The trick is to realize that for the children, little things can be difficult to absorb. I mean for an 8 year old, fractions are a big leap into the dark. Now, if I can only figure out what to do about the real estate bubble.

Kicked out of the USA- Bruce Springsteen

Lost my job in the cement plant;
Couldn't stay no more in Monterrey;;
Worked five years building homes;;
Now I'm kicked out of the USA;

Kicked out of the USA;
Kicked out of the USA:

When the stock market finally crashed;
They blamed it all on Jorge and Jose;;
Anti-Mexican laws all over there;
And I was kicked out of the USA;


Due to all the clever little measures to stop illegal aliens, some of these pogroms are being successful. So, there is going to be a big problem in Mexico. There is a "tsunami" underway of Mexicans being deported from the United States, which we believe will reach one million in 2007 alone, by the end of the year, members of the Advisory Council of the Mexican Government's Institute for Mexicans Abroad (IME), warned in a November 16 press conference.

Around 170 anti-immigrant laws have been passed in the U.S. in the last few months alone, whipping up "hatred" against Mexicans, whether they are legal or undocumented, council member Hugo Loyo said. Members warned that the increasing anti-immigrant raids of workplaces and homes across the United States are creating a "truly critical" situation for Mexico, which must find jobs, housing, food, education, and health care for hundreds of thousands of people being dumped just over the border by U.S. officials, without financial resources or belongings, often far from any family which could offer support.

Over 10 per cent of the Mexican population has migrated to the United States--some 13 million Mexicans--at an accelerating rate since the 1994 North American Free Trade Accord (NAFTA) crushed Mexico's own industry and agriculture. Come January 2008, another 2.2 million Mexican farmers will be thrown into bankruptcy, when all protection on corn and bean imports ends, under the next phase of NAFTA.

Cooperation on building an integrated water and rail system for all North America, connecting regional water management projects, like the giant North American Water and Power Alliance (NAWAPA) to Mexico's North West Water Plan (PLHINO), is the way to go, Lyndon LaRouche emphasized again on November 19. How many good jobs would be created inside Mexico by the PLHINO/NAWAPA program? How can the agricultural situation in Mexico be transformed by this project? End the flooding in the south, and the drought in the north, and create the conditions for flourishing agriculture in Mexico. Create jobs for the next ten years, building these integrated water plans, which have already been designed. Link these projects to the Russian-U.S.-Canadian Bering Strait tunnel project, with its railways and development corridors, and there will be plenty of work for people in the U.S., Canada and Mexico. That is why we need action now, before the next holocaust is brewing.

Garage Floors can be Fixed

It s amazing that garage floors can actually be fixed. For a new garage floors you can cover it with a type of epoxy. For an older cracked garage floor, it is better to cover it over with tiles. There is an interlocking joining system for these tiles, and if you look at the pictures at www.carguygarge.com, they look really nice, and you have a lot of styles to choose from.
If you are coating your garage floor, you etch and clean the concrete, and then you apply the epoxy. The key thing to remember is that the coating is only as good as the preparatory work. So check it out, and make your house and real estate, really nice.

The System is Going Fast

Pix: Badfinger, the Magical Christian

http://www.artistdirect.com/Images/Sources/AMGCOVERS/music/cover200/dre300/e346/e346946ef61.jpg

If you want it, here it is, come and get it;
But you better hurry, 'cause it's going fast;
The system's going and it's going fast.
There should be no talk about how the crisis of system is “coming”—it’s already here. The crash of the dollar system will cause an explosion of the entire international financial system. Already, pieces of the exploded planet are flying around like asteroids—but only a fool would say that the asteroids are “going to cause” the explosion!

The vast, estimated t hundreds of trillions of financial derivatives contracts held by the banks, along with "leveraged losses" on credit assets, are the new locus of the losses. For instance, the giant reinsurance company Swiss Re acknowledged that it had sustained a $1 billion loss, coming from just two derivatives contracts known as "credit swaps." Swiss Re refused to name the counterparty, undoubtedly another bank.

On November 16, Goldman Sachs chief U.S. economist Jan Hatzius had issued a chilling estimate of the fall in the banking system. He forecast that direct U.S. bank losses in the next year or so would be $400 billion (a very similar estimate had just been made by Deutschebank's chief economist). Just assuming that half of these losses are in highly leveraged assets (where there was a 10:1 ratio of borrowed dollars in the money used to buy the assets), Hatzius forecast that the total drop in the ability of the banks to lend, will be $2 trillion. For comparison, in 2006, the total lending of U.S. banks to households and non-financial corporations was $3.24 trillion. So that is about it, unless you want to do the cash in the wheel barrow thing.

So, dear reader, do not panic. There are still solutions. The start is to continue to get state legislators, and then Congressmen to back the HBPA, the Homeowner and Banking Protection Act, and to create a firewall to protect the US Banking System from these endless financial derivative contracts. First, that starts with freezing the mortgages and real estate payments and re-adjusting them.