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An Open Letter to California Religous Leaders About SB277 & Vaccine Rights

ageofautism.com / March 2, 2015

Thank you to Laura Hayes for sharing this letter – we invite you to do the same. Here’s the file. CA Vaccine Exemption Bill Religious Leaders Letter

Subject: Appealing for help from our religious leaders in CA

Dear Pastors, Priests, Bishops, Rabbis, and Others,

Currently in CA, there is a […]

California Rental Armageddon: Nearly half of Los Angeles adults doubling up, working class moving out, or you have the option of simply living in poverty.

doctorhousingbubble.com / March 1st, 2015 / Dr. Housing Bubble

California like the rest of nation has gained a large number of rental households. Many of these households were formed from the ashes of the 1 million completed foreclosures. Over the last ten years the nation has lost 1 million net homeowner households and has gained […]

California man accused of selling counterfeit gold

truthingold.com / Dave in Denver / February 26, 2015 at 12:38

A Grass Valley man was arrested this week on charges of selling counterfeit gold bars, police said.

The victims bought $175,500 in gold bars before finding out they were fake, Nevada County District Attorney Clifford Newell said Wednesday.

A store owner, Gregory Arnoldi, […]

The investor buying party in real estate: In last four years institutional investors have purchased over half a million homes. 2014 was a four year low in investor buying.

doctorhousingbubble.com / February 22nd, 2015

Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that trend continues, we find some states heavily dominated by investors. In more […]

Southern California home sale volume for January slowest since 2008: The stalemate accelerates with Orange County seeing a monthly median price drop of $28,500.

doctorhousingbubble.com / Dr. Housing Bubble / February 19th, 2015

Sales volume continues to be exceptionally weak in Southern California. The Taco Tuesday debt lovers are finding that HGTV upgrades on crap shacks are luring in fewer lemmings. People are probably coming to the stark realization that 30 years on a mortgage is a very long-time […]

DECLINE OF THE U.S. EMPIRE: Due To The Worst Oil Productivity In The World

srsroccoreport.com / February 5, 2015

The U.S. Empire continues to disintegrate from within due to the worst oil productivity in the world. This collapse is due to a falling EROI – Energy Returned On Invested. While this has been a long and ongoing process, the rate of decline is speeding up as the U.S. […]

The Brutal Economics of Blogging

charleshughsmith.blogspot.com / by CHARLES HUGH SMITH / JANUARY 31, 2015

I’ve found that much of the advice about how to make money blogging suffers from survivorship bias.

I was surprised to read that Andrew Sullivan was closing down his blog and subscription service, as his site was apparently making a lot of money. By a […]

California-school mind control: grades for “Gratitude”

jonrappoport.wordpress.com / By Jon Rappoport / January 30, 2015

The Sacramento Bee has the story. 1/27/15, “Grit and gratitude join reading, writing and arithmetic on report cards,” by Loretta Kalb:

“Across the state, report cards are undergoing a sea change in how students are measured for academic performance. Where teachers once graded students [only] on […]

An Often Overlooked Predator: State Governments and Income Taxes

news.goldseek.com / By Nick Giambruno / 30 January 2015

International Man is all about making the most of your personal freedom and financial opportunity around the world. To do this, by definition, you must minimize the amount of money any government takes from you.

Unlike every other country in the world, the US successfully […]

“Oil Capital of California” Declares Fiscal Emergency

wolfstreet.com / by Wolf Richter / January 29, 2015

Oil, pensions, and a new jail sink Kern County.

Crude oil plunged 4% on Wednesday, with West Texas Intermediate now at a new multiyear low of $44.36 per barrel. Consumers love the cheaper gasoline, and they’re saving their money, and some of them are shifting it […]

Crude Contagion: California’s Kern County Declares Fiscal Emergency Due To Plunging Oil Price

zerohedge.com / by Tyler Durden on 01/28/2015 20:31

At this point only an act of god, or a sudden Saudi change of heart to cut crude production by 50% (unclear which is more probable) can prevent a recession in Texas. However, one state that few thought would be impaired as a result of the […]

Ocwen Is Ocdaed: Mortgage Servicer Crashes After California Seeks To Suspend Its Mortgage License

zerohedge.com / by Tyler Durden / 01/13/2015 09:58

A little over a year ago, Ocwen was the darling of hedge funds everywhere, with such luminaries as Steve Eisman pitching it at the Ira Sohn 2013 idea conference. Since then things went downhill and fast for the mortgage servicer, which after being branded “the “Next […]

Where did the real estate agents go? California has lost nearly 90,000 active real estate agents since 2008. New licenses are picking up even though sales volume is not.

doctorhousingbubble.com / Dr. Housing Bubble / January 11th, 2015

Real estate agents and brokers make a large portion of their income once a sale is completed. Escrow closes and the nice healthy commission is dished out. During the heyday of the housing bubble we had over 260,000 active real estate agents in California. Today it […]

Debt Rattle January 5 2015

theautomaticearth.com / by Raúl Ilargi Meijer / January 5, 2015

“It’s hard to imagine how anyone can survive at 50% of the poverty level. As of 2013, that corresponded to $9,384 a year for a family of three. [..] more than 7 million people were living below it.

• Being Poor Is Getting Scarier […]

5.1 Quake off the Californian Coast

thedailysheeple.com / Chris Carrington / January 2nd, 2015

No injuries have so far been reported after a 5.1 earthquake hit the Northern Californian coast 70 miles west of Ferndale. According to the United States Geological Survey website, the quake struck at 0416 this morning Pacific time.

The largest earthquake to hit California was a […]

“Happy” Holidays From Jim Grant

zerohedge.com / by Tyler Durden

Having previously reduced the world’s predicament to two short paragraphs, Jim Grant has outdone himself with this holiday card this year…

READ MORE

“Off The Grid” Economic Indicators – Q4 2014

zerohedge.com / By Nick Colas via ConvergEx / 12/23/2014 12:07

Drones are “In”; laptops are “out”. Demand for pickup trucks, guns, and used cars are all still hot, but food stamp participation is climbing once again. Sales of gold and silver coins remain weak, but the same goes for U.S. equity mutual funds. And […]

Cramming into small homes in Southern California: Take a look at this 480 square foot property in Highland Park.

doctorhousingbubble.com / Dr. Housing Bubble / December 22nd, 2014

The latest sales figures for California show a market that is hitting a stalemate. Sales are dropping and many sellers have pulled properties off the market hoping that spring will bring better days. People run 30 year projections of perfect stability but think of what has […]

Housing Bubble 2: California November Home Sales Plunge to Multiyear Lows

wolfstreet.com / by Wolf Richter / December 18, 2014

San Francisco is known for its mind-boggling booms and breathtaking busts as the hot money from all over the world ebbs and flows amidst startup frenzies and IPO manias.

And now the hot money is flowing. It has created a delirious craziness in the housing market, […]

California November home sales slowest since November 2007: Year-over-year sales are down 8 percent and market grinds to low volume as year closes.

doctorhousingbubble.com / Dr. Housing Bubble / December 18th, 2014

Apparently home buyers didn’t get the memo about buying California real estate. November home sales tumbled to their lowest November showing dating back to 2007. When real estate markets turn, you will always see sales volume dry up first before any price changes. We are already […]