Independent Book Release

An Independent Call by Katherine Morrison, being released by Broad Side of the Barn.

An Independent Call chronicles the journey of an Independent New Hampshirite from wary observer of town hall meetings to eventual McCain convert and volunteer. It is an amusing look at the events of a campaign. From meeting candidates from both sides of the aisle, to becoming a blogger for McCain, to being chewed out on campaign phone calls, to receiving press credentials for the Republican National Convention, this account relates the experience of being a participant at lowest level politics from an outsider’s perspective. A mix of good humor and political opinion from the middle.

Katherine Morrison is the creator and Author of Purple People Vote.

Forclosure Sales Making for Extremely Low Housing Prices in Detroit

From Excite/AP Outside buyers drawn to Detroit's foreclosed homes

Welcome to Landlord Nation, where foreclosure notices are plentiful and for-sale signs offer at least 1,800 homes for under $10,000 that once were worth at least 10 times more.

In extreme cases, homes are on sale for $1 or less, which has enticed investors to Detroit from as far away as the United Kingdom and Australia.

"In the past few months, I've picked up 10 new clients from out of state that are buying in bulk," said Mike Shannon, a suburban Detroit real estate agent. His office specializes in foreclosures in a city that's among the national leaders.

"They're coming to us, saying 'Look, I want to buy 50, 100, 1,000.' They want to own every decent and cheap house they can find."

Despite a stagnant retail housing market, real estate sales of foreclosed homes are booming. Shannon regularly fields calls from eager prospects, and recently sold 30 homes in one day to one buyer. A trio of U.K. investors has bought a half-dozen and plans many more.

"I thought it would be quite good fun to have a look," said Darren Veness, who lives near Brighton, England.

Outside buyers are the latest in a long line of landlords taking over the deteriorating housing stock of a city that because of its once mighty auto industry boasted one of the highest owner-occupied housing rates in the U.S. And unlike many large cities, Detroit's single-family homes dominate its landscape, not high-rise apartment buildings.

The outside investors aren't only interested in Detroit, but it's been targeted because of the sheer volume of homes and the fact that values have fallen so much more than elsewhere.

Evan Bayh Opposes Omnibus Spending Bill

Senator Evan Bayh of Indiana wrote an Op-ed in the Wall Street Journal yesterday coming out against the huge appropriations bill that would increase spending eight percent from last year. His article Deficits and Fiscal Credibility is definitely worth a read, below is an excerpt.

This week, the United States Senate will vote on a spending package to fund the federal government for the remainder of this fiscal year. The Omnibus Appropriations Act of 2009 is a sprawling, $410 billion compilation of nine spending measures that lacks the slightest hint of austerity from the federal government or the recipients of its largess.

The Senate should reject this bill. If we do not, President Barack Obama should veto it.

The omnibus increases discretionary spending by 8% over last fiscal year's levels, dwarfing the rate of inflation across a broad swath of issues including agriculture, financial services, foreign relations, energy and water programs, and legislative branch operations. Such increases might be appropriate for a nation flush with cash or unconcerned with fiscal prudence, but America is neither.

Drafted last year, the bill did not pass due to Congress's long-standing budgetary dysfunction and the frustrating delays it yields in our appropriations work. Since then, economic and fiscal circumstances have changed dramatically, which is why the Senate should go back to the drawing board. The economic downturn requires new policies, not more of the same.

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Senator Evan Bayh Rejects Bloated Appropriations Bill

Pro-Growth is the Most Fair Option

Unfortunately, many in America are losing track of the logistics of the economy and are getting caught up in emotion. People are angry about bailouts and white collar crooks running ponzi schemes and are becoming resentful towards big business and the wealthy. Yet we risk losing site of the real goal of turning the economy around when emotion and arguments about fairness start start trumping logic and math. The reason not to raise taxes on the rich, businesses, and capital gains is not because one loves, hates, or feels indifferently about wealthy people. The reason not to raise taxes on those of means is because they are the ones able to create jobs, and invest in the businesses that are so desperately needed right now. The argument that the rich should pay more because that is what is fair ignores the fact that, particularly in a struggling economy, increasing taxes slows growth. Consequently economic recovery slows, and that is fair to no one. In reality when the economy slumps those just getting by pay check to pay check suffer the most. The rich may not be as rich as before, but they're still rich. Those being laid off and struggling to pay their bills are hurt the most in a prolonged recession, and implementing policies that hinder growth is not fair to anyone.

Also, small business owners are being grouped into the 'rich' category in an unfair manner. If a small business owner makes $250,000 a year that becomes a rather average income if he or she has to pay two to three employees salaries with that income. Also if they are trying to grow their business, it is likely a chunk of that income is being put right back into their business. That isn't the life of the highly privileged wealthy class. We'd be well served by taking the emotion and morality judgments out of economic policy, and simply look for policies that are pro-growth.

Larry Kudlow and Donald Luskin voice their frustration about the current policies that are anti-growth. Certainly, not unemotional in their criticism, they point out why a pro-growth strategy is simply the most fair economic strategy for all Americans.

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Pro Growth is What is Truly Fair

Storm Nails the East Coast

From Yahoo - Ferocious storm dumps heavy snow on East Coast

A ferocious storm packing freezing rain, heavy snow and furious wind gusts paralyzed most of the East Coast on Monday, sending dozens of cars careening into ditches, grounding hundreds of flights and closing school for millions of kids.

The devastating effects of the storm were seen up and down the coast. A crash caused a 15-mile traffic jam in North Carolina, forcing police and the Red Cross to go car-to-car to check on stranded drivers. The storm was blamed for 350 crashes in New Jersey, and a Maryland official counted about 50 cars in the ditch on one stretch of highway.

By Monday, the storm had moved north into New England, and most areas in the storm's wake expected to see at least 8 to 12 inches of snow. The weather contributed to four deaths on roads in Massachusetts, Rhode Island and on Long Island.

One Missing Boater Found Alive

Remarkably a survivor was found in the search for the four boaters two of whom are NFL players off the coast of Florida. Yahoo reports Survivor clinging to overturned NFL player’s boat

A missing boater found clinging to an overturned boat was rescued Monday off Florida’s Gulf Coast, but the search continued for two NFL players and another man aboard who didn’t return from a weekend fishing trip.

Survivor Nick Schuyler, a former University of South Florida player, told rescuers that the 21-foot boat was anchored when it flipped Saturday evening in rough seas and that the others got separated from the boat, Capt. Timothy M. Close said. Schuyler, who was wearing a life vest, had been clinging to the boat since then.

The boat belongs to Oakland Raiders linebacker Marquis Cooper, who along with free-agent defensive lineman Corey Smith and former South Florida player William Bleakley, remained missing.