"Thanks, Lisa. Sometimes I go stir crazy counting the cars not driving by.
I think the most important question remains: Did any official attending opening night as La Mesa's ambassador at least get an autographed ball for their efforts?
"It's fair to say that there are good arguments on both sides of this question. And while it would be easy to make the cheap shot that whenever government takes a day off, liberty wins, that is not my style.
Nor would it behoove the La Mesa…"
Your comments the LMT are spot on! I watched the meeting last night from the comfort of my living room-but did not play any drinking games! To watch the mayor attempt to snooker the others into voting to have the city manager sign the PBID agreement was expected. To watch Ernie not take the bait and stand firm was refreshing.
Keep up the good work on the PBID issue. While I am not directly affected I do have a few concerns.
1. Make sure whatever money the city would normally spend in the area continues to be spent in the area if the PBID passes. You don't want to just tax yourself more for the same level of service you had before.
2. You just know the wankers in Sacramento are well aware of the fact they can continue to take ever more local money for their use as long as local groups will "step up" and tax themselves to fill the void left by those state thieves. A vicious cycle that locals seem to play right into the hands of state officials. Hang on because state officials are laying the groundwork to allow a local personal and business income tax scheme in the not too distant future.
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Over 50 percent of Americans expect home prices to rise
More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry, according to new data from Fannie Mae. Read the full story.
Los Angeles Times
Some homes are slow to sell even in the hottest markets
With full-fledged sellers’ markets underway in dozens of metropolitan areas around the country, new research has found curious statistical patterns emerging: Even in cities where listings get multiple offers within days or hours, significant numbers of homes are sitting on the market for six months, 12 months, or more with no takers. Among the reasons: Mispricing, excessive restrictions on access to buyers and agents, failure to clean or make repairs, and a variety of other marketing bungles. Read the full story.
The Wall Street Journal Principal forgiveness could reduce costs for taxpayers
Allowing Fannie Mae and Freddie Mac to reduce loan balances for borrowers who owe more than their homes are worth could ultimately reduce mortgage defaults and save the government money, according to a report by the Congressional Budget Office. Read the full story.