Buyer Beware- Washington Court Case Says It's Still True

Buyer Beware- Washington Court Case Says It's Still True

July 11th, 2013

Home buyers in Washington state bought a home in 2007 from an owner (who was also a licensed agent) who had allegedly hid extensive termite and other pest damage of the home he was selling.  While the duty to disclose material defects should be an overriding principal in a real estate transaction, the buyers did[...]

Does Big Business Undermine the American Economy?

Does Big Business Undermine the American Economy?

December 26th, 2012

There is no disputing the price and convenience advantages of the big chain businesses in America. From Walmart to Safeway to Wells Fargo to Amazon. But is their success based entirely on their value proposition or has their might created policy advantages that have unfairly facilitated their dominance? And perhaps more importantly, is their dominance[...]

Short Sales Defined

Short Sales Defined

October 29th, 2012

Short sales have been around for a while and are becoming part of the normal language used by regular folk. And while it shouldn't oughta be that way, it is. So in a new video series from SurvivingTheAmericanDream on youtube I work on laying out the common terms, process, issues and obstacles faced by the[...]

Lehman Brothers: Despite Investigators Recommendation, There Were No Prosecutions.

Lehman Brothers: Despite Investigators Recommendation, There Were No Prosecutions.

September 19th, 2012

CBS 60 Minutes interviews the bank examiner assigned by the bankruptcy court to report on the worlds largest bankruptcy.  The failing of Lehmann Brothers was larger than the bankruptcy's of Enron, Worldcom, General Motors and Washington Mutual combined and, according to many in financial circles, nearly brought down the global economy on its own.  The[...]

Eric Holder, The US Attorney General and America's Lead Prosecutor Let's Goldman Sachs Off The Hook!

Eric Holder, The US Attorney General and America's Lead Prosecutor Let's Goldman Sachs Off The Hook!

August 28th, 2012

Eric Holder, The US Attorney General and America's Lead prosecutor Let's Goldman Sachs Off The Hook! Like the bad dream your brain fabricates to frustrate you (running through quicksand to escape...something), American justice seems to be in the mood to antagonize regular people.  OK, that's a bit arrogant in that I'm assuming that justice or regular[...]

Will Social Security Be There When You Retire in Sacramento?

Will Social Security Be There When You Retire in Sacramento?

February 4th, 2012

The debate about the long term viability of Social Security has continued for as long as I can remember.  I opened my first IRA within two years of college and have tried to make contributions each year...admittedly missing a few.  I have been aware of the possibility of Social Security not being there to help[...]

Surviving The American Dream: Is it OK to 'Walk Away'?

Surviving The American Dream: Is it OK to 'Walk Away'?

January 21st, 2012

  Is it OK to deliberately default on an underwater home without a financial hardship?  This isn’t a new debate.  One side argues that the homeowner needs to accept responsibility for their actions while the other argues that foreclosure is the intended consequence of an unprofitable business decision. While it is a good debate, in my opinion,[...]