Month April 2009

Will Rep. Jane Harman become smoking rubble?

According to NSA wiretaps, Rep. Jane Harman ((D-CA) told a suspected Israeli agent she would lobby Justice to reduce espionage charges against two AIPAC officials. The agent agreed to help Harman become chair of the Intelligence Committee after the 2006…

Another California city considering bankruptcy

Pacific Grove CA may follow Vallejo in filing a Chapter 9 bankruptcy. A primary reason is that CalPERS, the state pension fund, is facing huge losses and can force public agencies like Pacific Grove to make up the difference. A…

No more appraisals on order

Starting May 1, Fannie Mae and Freddie Mac will not purchase mortgages that not not follow the new The Home Valuation Code of Conduct. This is more than just window dressing, the appraisals must be done through a third party…