Government Archive

47% Of Households Will Pay No Federal Income Tax In 2009

September 30, 2009  ·  Category: Government, Politics
Source: "47% Will Pay No Federal Income Tax", CNNMoney, September 30
Posted by Greg Feirman  ·  1 Comment »

Top Gun FP Client Note: The Crack Based Economy

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

$128 Million Federal Stimulus Grant For San Bernadino I-215 Freeway Widening

September 29, 2009  ·  Category: Government, Macro Economics
We've been frugal.  Now we can get back to normal.  We might even take a trip. - Charles Ojuri, whose small construction firm received a $780,000 contract to clear trees around I-215 John Husing, an economist who ...
Posted by Greg Feirman  ·  No Comments »

Another WSJ Editorial On The FHA’s Shaky Finances

September 29, 2009  ·  Category: Government, Real Estate
One place to start is the Federal Housing Administration, the nation's insurer of nearly $750 billion in outstanding mortgages.  The agency acknowledged this month that a new but still undisclosed HUD audit has found that ...
Posted by Greg Feirman  ·  No Comments »

CA To Sell $2 Billion Worth Of Office Buildings To Raise Cash

September 24, 2009  ·  Category: California, Government, Real Estate
We're looking to get these properties sold as soon as possible. - Eric Lamoureux, CA Department of General Services Spokesmen The state wants to sell the buildings for the cash and then lease them back from the ...
Posted by Greg Feirman  ·  No Comments »

Robert Reich: Why The Dow Is Hitting 10,000 As Regular Folks Lose Their Jobs

September 23, 2009  ·  Category: Government, Macro Economics, Market Commentary
Great post by Robert Reich on what's going on: So how can the Dow Jones Industrial Average be flirting with 10,000 when consumers, who make up 70 percent of the economy, have had to cut way ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: The Wisdom of George Soros

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

The Next Fannie Mae

September 21, 2009  ·  Category: Government, Macro Economics, Real Estate
The Wall Street Journal wrote an editorial on the dangerous growth at Ginnie Mae on August 11th: "The Next Fannie Mae".  It makes the same points I made the other day in "Ginnie Mae Accounts for ...
Posted by Greg Feirman  ·  No Comments »

Going Broke: Sac Bee Feature Series On California’s Budget Crisis

September 21, 2009  ·  Category: California, Government
A couple of interesting front page feature pieces in the Sacramento Bee on California's budget mess: "Going Broke: State's a wreck - can it be fixed?", The Sacramento Bee, September 20, A1 The most interesting piece from ...
Posted by Greg Feirman  ·  No Comments »

Ginnie Mae Accounts For 20% Of New Mortgages In 2009

September 19, 2009  ·  Category: Government, Macro Economics, Real Estate
Another fascinating article from two Thursdays ago in The Wall Street Journal about how Ginnie Mae and the Federal Housing Administration are playing an increasingly large role in the mortgage market ("Banks Load Up on ...
Posted by Greg Feirman  ·  1 Comment »