Tuesday, July 9, 2013

U.S. Constitution - Third Amendment - #4530 - Third Amendment Violated? Nevada Police Allegedly Invade Family's Home to Use During Swat Call, Arrest Two for Obstruction When Owner Refuses - The Blaze (2) Obamacare's Dirty Dozen Implementation Failures - Heritage Foundation (3) Rush Limbaugh: Employment Numbers Dismal, Jobs Report, as Obama Kills Full-Time Jobs and Hurts the Opportunity for Young People to Have Careers (4) The Disappearing First Time Home Buyer - Townhall

Third Amendment Violated? Nevada Police Allegedly Invade Family's Home to Use During Swat Call, Arrest 2 for 'Obstruction' When Onwers Refuses - The Blaze - Remember the Third Amendment? You know, the part of the U.S. Constitution that goes like this: “No soldier shall, in time of peace be quartered in any house, without the consent of the owner, nor in time of war, but in a manner to be prescribed by law.” Well, a Henderson, Nev., family in a recent lawsuit claims that their Third Amendment rights were violated on July 10, 2011, when police officers commandeered their homes and arrested two family members for “obstruction.”“Henderson police arrested a family for refusing to let officers use their homes as lookouts for a domestic violence investigation of their neighbors,” Reason explains.  Read more........


(2) Obamacare's Dirty Dozen Implementation Failures - Heritage Foundation - Last week, the Obama Administration attempted to spin its announcement of a one-year delay in Obamacare’s employer mandate as an effort to implement the law “in a careful, thoughtful manner.” Don’t be fooled. Even Democrats have admitted the law has turned into a massive “train wreck,” with delays, glitches, and problems aplenty. Here are a dozen more Obamacare implementation failures. 1. The CLASS Act: ABANDONED, THEN REPEALED One Democrat famously called this new long-term care entitlement “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of”—and so it proved. In the fall of 2011, the Department of Health and Human Services (HHS) admitted CLASS could not be implemented in a fiscally sound manner—and Congress eventually repealed the program outright. 2. Exchanges: MISSED DEADLINES.. Read more.........


(3) Rush Limbaugh: Employment Numbers, Dismal Jobs Report, as Obama Kills Fulltime Jobs and Hurts the Opportunity for Young People to Have Careers -  RUSH: Now, the release of the June jobs report happened Friday, and it was just like all these other jobs reports. It's dismal. The Labor Department reported that the economy gained 195,000 jobs in June, which beat expectations, which means our expectations are horribly low. We need, just to replace, to go back to 2008 unemployment levels, we need to be creating 600,000 jobs a month. Did you know that, Rachel? Six-hundred thousand a month. We're nowhere near that, and we're still going the wrong direction. "The Department also reported that the economy gained 70,000 more jobs in April and May than it originally estimated. The report, however, also provides clear evidence that the the nation is splitting into two; only 47% of Americans have a full-time job and those who don't are finding it increasingly out of reach. Of the 144 million Americans employed last month..." Folks, I'm gonna tell you something. We've got a population -- I know there's kids in this number, children -- we have a population of over 300 million people, and not even half of them are working. I'm sorry. This country cannot stay a superpower, cannot stay great, the economy cannot continue to grow with those numbers. And then it gets worse from there.  Read more.........


(4) The Disappearing First Time Home Buyer - Townhall - How do you reconcile these recent reports on housing? The National Association of Realtors (NAR) reported a surge in pending sale contracts in May to the highest level since 2006. Simultaneously Bloomberg reported that mortgage applications fell to their lowest level in nineteen months. Cash must be king? According to NAR 33% of existing home sales in May were cash. What portion of those cash sales do you think were from first time home buyers? My guess would be somewhere between zero and one percent. The first time home buyer has always been the most important buyer in the market, at least to main street American families. The first time home buyer starts the dominoes falling for larger purchases. The Catch22 in housing: I won’t buy another home until my home is sold, but I won’t sell my home until I know where I’m moving. Life just isn’t fair sometimes, but without the first time home buyer in numbers many sellers won’t need worry about where they will be moving. First time home buyers accounted for only 28% of sales in May, down from 34% a year prior, and from the 40% norm. That’s huge. This means there won’t be as many dominoes falling this summer. Why is there a dwindling number of first time home buyers? The lack of jobs, increasing home prices, tighter lending guidelines, student loan debt, and rising interest rates are the primary culprits. Other than that, buying a home is easy.  Read more.....

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