Life In Sherman Oaks

In 2008, Exxon Mobile made $45 billion in profits. It didn’t need a government bailout. But until President Obama, it’s always received one. Why? The oil business has always been considered strategic to the national interest of the country. That’s why we went to Iraq. Because oil is strategically important to us. So, we give the oil company tax break to ensure their survival. Well yes now, a $45 billion [...]

THIS WAS A MESSAGE FROM PRESIDENT OBAMA TO THE GOP BACK IN JANUARY 2010. INSTEAD OF INCREASED CIVILITY, THE GOP HAS BECOME WORSE. THE NEXT TWO YEARS WILL BE DEVASTATING FOR SENIORS. Little is getting done in the country because of the lack of civility and the slash and burn politics of bipartisanship. Meanwhile, people are out of work and are dying for lack of medical care. President Obama says [...]

According to the Internal revenue Service, the Nation’s top 400 taxpayers made more than $263 million on average in 2006, but paid income taxes at the lowest rate in the 15 years in which these data have been reported. In constant dollars, the average income of the top 400 taxpayers nearly quadrupled since 1992. Source: A New Era Of Responsibility, President Obama’s Budget

October 2002 Dr. Laura Schlessinger is a radio personality who dispenses advice to people who call in to her radio show. Recently, she said that, as an observant Orthodox Jew, homosexuality is an abomination according to Leviticus 18:22 and cannot be condoned under any circumstance. The following is an open letter to Dr. Laura penned by a east coast resident, which was posted on the Internet. It’s funny, as well [...]

Individual Tax Cuts: 1. “Making Work Pay” Tax Credit (Sec. 1001, Page 195). In tax years 2009 and 2010, the Making Work Pay provision will provide a refundable tax credit of 6.2 percent of earned income up to $400 for individuals and up to $800 for married taxpayers filing joint returns. 2. Increase in the Earned Income Tax Credit (Sec. 1002, Page 198). Go to the stimulus bill for all [...]

The issue is not whether a bank who engages in risky behavior should be allowed to fail or not — of course. And the democrats bill not only allows it, IT DISMANTLES ANY OFFENDING BANK AND PUTS IT OUT OF BUSINESS. But what about the other banks that are entangled with that offending bank? Should they suffer? No. But neither should the taxpayer. and that’s why THE DEM BILL CALLS [...]

HIGHLIGHTS OF THE NEW BILL Consumer Protections with Authority and Independence: Creates a new independent watchdog, housed at the Federal Reserve, with the authority to ensure American consumers get the clear, accurate information they need to shop for mortgages, credit cards, and other financial products, and protect them from hidden fees, abusive terms, and deceptive practices. Ends Too Big to Fail: Ends the possibility that taxpayers will be asked to [...]

For about a year, as the Wall Street loans in the then current subprime bonds began to default, Wall Street had frantically searched for new borrowers to replace them. A ponzi scheme of sorts, if you will. When they ran out of people, they had to pay up. And they couldn’t. They didn’t have enough money in reserve; except the government didn’t know exactly how much because so much had [...]

Unless you’re living under a rock somewhere, you have at least heard about political opinion polls. Fox has its Polls, Gingrich has the WinstonGroup Pollsters, there’s Rasmussen, USA TODAY, Pew, Harris, Gallup – just to name a few. Each and every day we are bombarded with pundits quoting percentages from this poll or that poll that suggests 49% of the American public doesn’t want health care reform, 51% wants the [...]

Real estate loans to small businesses zoom up 40% The dollar amount of loans made to small businesses to help them purchase commercial real estate soared 40% in the Greater Los Angeles area last month, according to data released Wednesday. The SBA-504 loans, which help companies buy buildings and large equipment, totaled $71.6 million in January, compared with $50.9 million in December, according to CDC Small Business Finance. The lender [...]

Here’s a great example of how words can really mean everything. The Recovery Act IS the Stimulus. But someone…(cough,cough,cough), has managed to make the American people think — stimulus:BAD! recovery:GOOD! The same Republicans who bashed the President’s Stimulus Bill? They have been running around to those ribbon cutting ceremonies like crazy! And Governor Sanford of South Carolina how said he would not take one penny of this unconstitutional stimulus/recovery act [...]

Image via Wikipedia One common assumption about the subprime mortgage crisis is that it was caused by poor folks with bad credit. Amongst some groups, especially those putting all the blame on Barney Frank — is that this subprime mess and the resultant recession is all about minorities that just had to have a house they couldn’t afford — so some kindly banker did their best to give them the [...]

(A message from Brad) Dear Friends, I would like to invite you to participate in a town hall meeting I am holding Sunday, February 21st from 2:00-3:30 p.m. PST at Reseda High School (18230 Kittridge Street). I will provide an update on recent action in Congress. Please save the date. Over the years, I’ve had over 100 town hall meetings in the San Fernando Valley. They are an excellent opportunity [...]

`Guidelines from the Treasury Department for the new Home Affordable Foreclosure Alternatives Program (“HAFA”) provides financial incentives to loan servicers and borrowers who utilize a short sale or a deed-in-lieu of foreclosure (DIL) to avoid foreclosure on loans eligible for modification under the HAMP program. This program begins April 10, 2010. The homeowner must meet the HAMP guidelines to qualify for HAFA, which are as follows: (1) the property is [...]

Former Republican Congressman Tom Tancredo kicked off the Tea Party Convention in Nashville last evening by calling for a reinstatement of the literacy tests that were used in the South from the post civil war era until the 1960′s to prevent African-American from voting. The proposal, by Tom Tancredo, was met with CHEERS, by his all white audience. See the video. http://cnn.com/video/?/video/politics/2010/02/05/bts.tom.tancredo.cnn

If the good folks of Massachusetts thought they had voted for a good old boy who would go to Washington and work in good faith with Democrats to work across the aisle to come up with good ideas for the nation — they made have made a big mistake, Newly elected Scott Brown who took Ted Kennedy’s seat as Mass. junior Senator said upon being seated, “The stimulus bill didn’t [...]

We have a Problem. A Serious Problem. Our government isn’t working. We had an election in 2008, in which the Democrats won a supermajority. Something that neither party had achieved for decades. The Democrats had run on a platform of reform. Health reform, tax reform, Wall Street Reform and War Reform. In other words — change. Change requires action. Up until this Congress, Change required a majority in the House [...]

The fun begins at 3PM on February 4th. Check out who you will get to hear for your $549.00! By the way, this is a FOR PROFIT EVENT, organized by a nashville lawyer who defends drunk drivers. Meet & Greet Reception w/hors d’oeuvres, 7:00-8:00pm and Entertainment. Who? – LISA MEI (retired air force, defense contractor and country singer) – RAY STEVENS (Ahab the Arab country singer) at 8:00pm Prayer Session [...]