Sunday, July 19, 2020

Year-end Rallies Weakest When Incumbent Republican Has Lost

MBA Student: My Generation Is Blind to the Prosperity Around Us!

Omar, Sanders and AOC have called for dismantling our economic system and replacing it with Socialism.

This article was written by a 26 yr old college student by the name of Alyssa Ahlgren, who's in grad school for her MBA.

“My Generation Is Blind to the Prosperity Around Us! I'm sitting in a small coffee shop near Nokomis (Florida) trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of presidential candidates calling for policies to "fix" the so-called injustices of capitalism. I put my phone down and continue to look around.

I see people talking freely, working on their MacBook's and ordering food they get in an instant, seeing cars go by outside, and it dawned on me; we live in the most privileged time in the most prosperous Nation and we've become completely blind to it.

Vehicles, food, technology, freedom to associate with whom we choose. These things are so ingrained in our American way of life we don't give them a second thought.

We are so well off here in the United States that our poverty line begins 31 times above the global average. Thirty One Times!!!

Virtually no one in the United States is considered poor by global standards. Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful?

Our unappreciation is evident as the popularity of Socialist policies among my generation continues to grow. Congresswoman Alexandria Ocasio-Cortez recently said to Newsweek talking about the millennial generation, "An entire generation which is now becoming one of the largest electorates in America came of age and never saw American prosperity."

Never saw American prosperity?? Let that sink in.

When I first read that statement, I thought to myself, that was quite literally the most entitled and factually illiterate thing I've ever heard in my 26 years on this earth. Many young people agree with her, which is entirely misguided.

My generation is being indoctrinated by a mainstream narrative to actually believe we have never seen prosperity. I know this first hand, I went to college, let's just say I didn't have the popular opinion, but I disagree.

Why then, with all of the overwhelming evidence around us, evidence that I can even see sitting at a coffee shop, do we not view this as prosperity? We have people who are dying to get into our country!

People around the world destitute and truly impoverished. Yet, we have a young generation convinced they've never seen prosperity and, as a result, we elect some politicians who are dead set on taking steps towards abolishing Capitalism!!

Why? The answer is this, my generation has only seen prosperity. We have no contrast! We didn't live in the great depression or live through two World Wars, the Korean War, The Vietnam War and we didn't see the rise and fall of Socialism and Communism.

We don't know what it's like to live without the internet, without cars, without smartphones.

We don't have a prosperity problem. We have an entitlement problem, an ungratefulness problem, and it's spreading like a plague."

Saturday, July 18, 2020

Homeowners Associations: Beware, Be Careful

I have put together a series of resources and videos on Homeowners Associations. I focus on Texas, but these laws and procedures are common in many states. I've tried to be "neutral" and not just focus on the negatives of HOAs, as there are some benefits to these organizations. Most of the videos simply deal with your rights as a homeowner. 

Many states have a state agency that regulates or monitors HOAs. However. Texas does not. 

Here are some other resources that might be useful:


HOA Litigation in Texas (4:00)

He mentions Right of Redemption in reference to foreclosure: The right of redemption, in the law of real property, is the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt. In Texas, it's 180 days. 



Homeowner's Rights vs HOAs (Houston TV 8; 26 Minutes)

You may own it, but if you're one of nearly 60 million Americans living in communities run by homeowners'associations—you may find you don't have the freedom to do everything you would like on your own property. Homeowners' associations are nonprofit organizations formed to manage common areas in a neighborhood, or community. They keep the area neat and clean, provide security and recreational facilities, and maintain streets. But critics say the enforcement practices of some associations are stepping on homeowners' rights, with foreclosure ability being their most controversial power. 

While some say it is a critical tool in their operation, others feel it has been taken too far. What are we truly buying when we purchase a home? What rights do we have? How much control should an HOA have? And where should the line be drawn? 




What You Need to Know About HOA Documents!

Every HOA (homeowners association) has set of governing documents often called a "resale package" in real estate practice. Let's review what you need to know about HOA documents, they go far beyond simply the rules of the community!





HOA law loophole leaves some homeowners powerless




PROS & CONS of Buying A Home With a HOA




Pros and Cons of a Home Owners Association




Don't Buy a Home with an HOA Until You Watch This



Friday, July 10, 2020

What Biden and the Democrats are supporting

A sampling of policies from the Biden campaign and/or Democratic Party platform (as stated either in writing or by Party members):

End cash bail 
Abolish death penalty 
End solitary confinement 
Give government healthcare to illegals 
Expand welfare for new immigrants 
Expand asylum for all new illegals End border detention

End all travel bans, including from jihadist regions 
Amnesty for all illegals 
Rejoin Paris climate accord 
Eliminate all carbon emissions by 2030 
Free public housing for all former inmates 
Require federal reserve to end racial inequity 
Universal government healthcare

Zero-emissions transport nationwide 
Appoint social justice prosecutors 
Implement “restorative justice” 
End mandatory minimums 
Incentives prison closure 
Penalize “absentee homeowners” to clear way for affordable housing 
Dual language instruction in public schools

Outlaw charter schools that earn a profit 
Place surviving charter schools under control of Washington DC 
Close any remaining charter in financially-distressed districts 
End school choice in DC 
End all federal support for school choice 
End standardized tests

End all immigration enforcement near schools or school commutes (note: thereby shielding MS-13)
“Cultural competency training” for doctors 
Moratorium on all deportations 
End “public charge” rule and repeal underlying law 
Bar immigration requirements on language proficiency

End prosecutions of illegal border crossings
End MPP and other asylum reforms 
End denaturalization of criminals who defrauded US authorities 
Investigate ICE officers and Border Agents 
Expand and accelerate chain migration 
Allow previous deportees to return to the US

Taxpayer-funded lawyers for illegal aliens 
Increase refugee admissions 700 percent 
Work permits for illegal aliens 
Federal student aid for illegals 
Remove caps on foreign stem workers

More:


Tuesday, July 7, 2020

Many Jobs Will Not Come Back

While the continued drop in the official unemployment rate and the record boom in new jobs in June look promising, it’s important to remember they’re just a snapshot of what the economy looked like in mid-June. And a lot has changed since then with COVID-19 infections spiking again in several states. That could have a seismic impact on several important sectors of the economy just ahead.

To understand why the number of permanent job losses continues to increase, we need to go back to a Labor Department (DOL) issue when the DOL admitted it did not count millions of Americans who had been furloughed as being unemployed. Instead it classified them as “employed but not at work.”

The DOL just assumed all or most of those workers would be returning to their jobs as soon as the COVID-19 pandemic was under control. Yet as we all know, many of those former jobs are never coming back, and not counting them as unemployed was a “misclassification error,” the Labor Department admitted.

While the DOL has since said it is working on the problem, it has also admitted that the unemployment rate would have been considerably higher in April, May and June if it had counted most of the furloughed workers as unemployed. April’s jobless rate would have been 19.5% instead of the 14.7% reported; May’s jobless rate would have been 16.3% instead of 13.3%; and June would have been 12.0% instead of 11.1% reported last Friday.

The DOL says it is addressing the misclassification error by gradually decreasing the number of “temporary” job losses and increasing the number of job losses classified as “permanent.” That sounds well and good until you read in last Thursday’s unemployment report that the DOL still considers 78.6% of all jobs lost in the last four months are temporary.

The DOL is still way too optimistic about the number of job losses that will be coming back.

And the increase in permanent job losses could be significant, almost certainly if the current spike in COVID-19 infections continues to surge or even plateaus at the current level. This will determine whether we remain in a deep recession or begin to see a recovery.

Most forecasters seem to believe the last two better than expected jobs reports mean we’ve at least turned the corner on the recession if not recovered entirely. But if you look beneath the headline jobs numbers, you find we’re nowhere near out of this recession.




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