The Cost of Obama’s White House Celebrity Parties in 2009: Million





Caitlin prepares to begin building her own home, and runs into a surprise visitor along the way! Series Info: Watch Caitlin build her own home in Edison NJ! She will be demolishing a decrepit house, and will be building a new home on the original foundation. She will be acting as the owner builder and general contractor, and will be doing 90% of all the work herself! Follow this Jersey Gal from beginning to end on her quest to build the American Dream! www.BuilderGal.com





Failed Banks and Failed Billions by Bob Chapman www.theinternationalforecaster.com Re-flating a dying bubble, Greece and Euro problems fuel world markets, Lehman Bros collosal fraud, a plan to tax banks, bank failures amount to billions, signs of a vanishing recovery. Bubbles have a hard time coming to an end, especially in residential real estate. Underlying forces such as government intervention to prolong the agony and the abject stupidity of builders extends the bubbles. We are in a vast home inventory expansion and builders are going to build 535000 new homes. The projected foreclosure rate could give us as much as a 3-year home inventory, up from present levels of about a year, if one includes the lenders shadow inventory. This past week the home building index rose 7.1% and it is up 25.1% year-to-date. The retail index rose 17% ytd, yet unemployment stubbornly clings to 22-1/8%. In fact, the retail index is up 87.4% yoy. We would say that index is grossly overpriced. As you can see bubbles have a way of not wanting to die quickly. This is caused by mans disparately wanting to cling to the past attempting to take the easy way out rather than adapting to change. Government tries to keep sections of the economy alive rather than letting the cleansing process take its course. The subsidization of the housing market is doomed to failure, because there simply isnt enough money and credit available to keep it going indefinitely. All government is doing is re-flating a





MYSPACE myspace.com/rkaigler Obama: US Did Not Misread the Economic Downturn www.cnbc.com Reid Says He Doesnt See Need for Second Economic Stimulus Plan •As far as Im concerned, there is no showing to me that another stimulus is needed. He said only about 10 percent of the current stimulus funds have been spent. www.bloomberg.com Hot dogs replace steaks this Fourth of July www.msnbc.msn.com Luxury home market hit hard by slump www.msnbc.msn.com Luxury Homes Go Begging www.cnbc.com Small businesses get a tax break, for now www.msnbc.msn.com Al Gore invokes spirit of Churchill in battle against climate change www.timesonline.co.uk Russia warns US over missile shield www.breitbart.com 11 NATO troops killed in 2 days in Afghanistan www.cnn.com Palin: ‘I am not a quitter; I am a fighter’ www.cnn.com





OBAMA HOME MORTGAGE STIMULUS PLAN 1 IN ARIZONA FEBRUARY 18 2009 CONCISE HIS EXPLANATION AND THE PLAN-THAT’S IT I REMOVED INTROS GREETINGS ETC.





Alaska Gov. Sarah Palin has billed taxpayers for 312 nights spent in her own home during her first 19 months in office, charging a “per diem” allowance intended to cover meals and incidental expenses while traveling on state business. The governor also has charged the state for travel expenses to take her children on official out-of-town missions. And her husband, Todd, has billed the state for expenses and a daily allowance for trips he makes on official business for his wife. Palin, who earns 5000 a year, claimed and received 951 as her allowance, which officials say was permitted because her official “duty station” is Juneau, according to an analysis of her travel documents by The Washington Post. The governor’s daughters and husband charged the state 490 to travel, and many of the trips were between their house in Wasilla and Juneau, the capital city 600 miles away, the documents show. In separate filings, the state was billed about 000 for Palin’s daughters’ expenses and 000 for her husband’s. Flights topped the list for the most expensive items, and the daughter whose bill was the highest was Piper, 7, whose flights cost nearly 000, while Willow, 14, claimed about 00 and Bristol, 17, accounted for about 00. One event was in New York City in October 2007, when Bristol accompanied the governor to Newsweek’s third annual Women and Leadership Conference, toured the New York Stock Exchange and met local officials and business executives. The state

The Most Expensive Credit Card in History





This morning, in a speech on the floor of the House of Representatives, House Republican Leader John Boehner (R-OH) slammed the Democrats budget that spends too much, taxes too much, and borrows too much from our kids and grandkids and called the congressional voting card the most expensive credit card in the history of the world, holding up his voting card to illustrate his point:

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