Duane’s Real Estate Video August 13
| “It’s a great day to be in real estate! Duane Beisner here… sales manager and a sales representative for ERA real estate. | ||
| Duane’s Quote of the Day Daily Thought: He that is of the opinion money will do everything may well be suspected of doing everything for money. -- Benjamin Franklin | |
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Duane’s Joke of the Day
When Albert Einstein was making the rounds of the speaker's circuit, he usually found himself eagerly longing to get back to his laboratory work. One night as they were driving to yet another rubber-chicken dinner, Einstein mentioned to his chauffeur (a man who somewhat resembled Einstein in looks & manner) that he was tired of speechmaking. "I have an idea, boss," his chauffeur said. "I've heard you give this speech so many times. I'll bet I could give it for you." Einstein laughed loudly and said, "Why not? Let's do it!" When they arrive at the dinner, Einstein donned the chauffeur's cap and jacket and sat in the back of the room. The chauffeur gave a beautiful rendition of Einstein's speech and even answered a few questions expertly. Then a supremely pompous professor asked an extremely esoteric question about anti-matter formation, digressing here and there to let everyone in the audience know that he was nobody's fool. Without missing a beat, the chauffeur fixed the professor with a steely stare and said, "Sir, the answer to that question is so simple that I will let my chauffeur, who is sitting in the back, answer it for me." Duane’s Business Tip of the Day
Large and small problems happen to all business people. The people that succeed are the ones who have accepted that fact and have learned how to solve them.
Think about it.
Darwin Award of the Day
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(5 December 2009, Russia) A 25-year-old chemistry student of the Kiev Polytechnic Institute had acquired the peculiar habit of dipping his chewing gum in citric acid crystals while he worked, presumably to add a zesty flavor. He was hunched over at a computer in his parents' house in the northern Ukraine city of Konotop when, whether by intention or inattention, the student dunked his gum into an unidentified chemical and stuck it back into his mouth.
A loud pop was heard coming from his room. (Reports really said that.)
Putting aside the question of what he was doing with chemicals at home, the student was well aware of the need to keep them away from food. Every academic laboratory emphasizes the importance of never eating near chemicals because it is easy to confuse a tasty beverage with a toxic liquid, or salt your salad with arsenic. But there he was, deceased, the lower part of his face blown off.
A forensic examination established that the remains of the chewing gum was covered with a dangerous unknown substance that the local laboratory presently did not have the necessary equipment to identify. Police found packets of citric acid and packets of a similar-looking unidentified explosive material, and think the student simply confused the two.
Duane’s Social Commentary
Obama signs $600M border security bill into law
WASHINGTON – President Barack Obama on Friday signed a bill directing $600 million more to securing the U.S.-Mexico border, a modest election-year victory that underscores his failure so far to deliver an overhaul of immigration law.
The new law will pay for the hiring of 1,000 more Border Patrol agents to be deployed at critical areas, as well as more Immigration and Customs Enforcement agents. It provides for new communications equipment and greater use of unmanned surveillance drones. The Justice Department gets more money to help catch drug dealers and human traffickers.
But the bill fell short by the standards Obama has set for dealing with the immigration problem. In a speech last month Obama reiterated his commitment to a comprehensive approach that would secure the border but also address the 11 million illegal immigrants already in the country.
"Our borders are just too vast for us to be able to solve the problem only with fences and border patrols," the president said then. "It won't work."
Obama signed the bill Friday in a low-key Oval Office ceremony alongside Homeland Security Secretary Janet Napolitano. There were cameras present, but no reporters. The action came a day after the Senate convened in special session during its summer recess to pass the bill.
Napolitano said later: "This bill is clearly another step forward on border security, on top of the significant progress that the administration has already made. It is one of the many tools in the toolbox we have constructed along the border."
That wasn't good enough for some immigration advocates, who've criticized the legislation as election-year politics.
"Efforts to overhaul our broken immigration system have once again taken a back seat to appeasing anti-immigrant xenophobes, as Congress passed another dramatic escalation in border enforcement with very little evidence that past escalations have been effective," said Margaret Moran, president of the League of United Latin American Citizens.
Although some moderate Republicans have in the past supported such far-reaching legislation, including a path to citizenship for illegal immigrants now in the country, most in the GOP label that approach amnesty.
"If the president takes amnesty off the table and makes a real commitment to border and interior security, he will find strong bipartisan support," Senate Minority Leader Mitch McConnell, R-Ky., said Friday.
Even past GOP backers of comprehensive immigration bills, such as Arizona Sen. John McCain and South Carolina Sen. Lindsey Graham, are no longer willing to lend their support. That's in part because of opposition from conservative primary voters.
Republicans largely backed the border security bill signed Friday even while complaining it didn't go far enough in increasing the number of customs inspectors along the border.
The border security debate has become even more heated since Arizona passed a law directing law enforcement officers to be more aggressive in seeking out illegal immigrants. Although a federal judge has since struck down some of the law's major provisions, it remains a rallying cry for those who say Washington has lost control of the border.
$600,000,000 is a drop in the bucket against what we spend even on just the wars in Afghanistan and Iraq. Hiring 1000 border patrol agents will do nothing to help the situation just like wasting a paltry $600,000,000 will do nothing. No one gets it… we will have no security until our borders are secured.
| Duane’s Real Estate News… |
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Decision on Fannie and Freddie May Come Soon
Government and banking experts meet next week to decide the future of Fannie Mae and Freddie Mac. The likeliest solution is a complex one. The Mortgage Bankers Association is proposing a system where risk-based fees on a class of mortgage-backed securities would be charged in exchange for a government guarantee against losses. Whatever the outcome, it is unlikely that Fannie and Freddie will be able to pay back the nearly $150 billion in taxpayer bailout money that they have received since 2007.
The Worst Is Over, Some Experts Conclude
With housing recovering slowly, most economists predicted in a recent survey that it will take at least five years for average home prices to climb back to the levels they commanded in 2006. This year, some hard-hit areas may see another dip, but properties values will most likely rise. "Softness in the summer months will be followed by firming conditions and momentum as the year unfolds and the economy strengthens," says Robert Denk, an economist for the National Association of Home Builders.
I need to say this again… this market right now is the BEST Buyer’s Market you or I will ever see in our lifetime. If you or anyone you know is thinking of buying, then do so now! If you or anyone who you may know is looking to buy a home or sell a home anywhere in the world, let me know. I can help.
If you are looking to make a move to real estate as a career, please shoot me an email or give me a call.
This is Duane signing off. Happy Trails to you! As always, I am proud to be an American. You can email me at duane.beisner@era.com... Or visit my website at www.rejedi.com
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