As long as the fat cats in Hollywood are still in control, Cali isn't going anywhere.Unless a major earthquake sinks the state than it's going somewhere :)

The people who pay the highest taxes get the most benefit from a tax reduction.

Hey Josh-- Where's the Age-Reduction filter for those avatars?

I did a fairly complete comparison to Bank of America's No Fee mortgage over on Fat Wallet, and found that the equivalent B of A mortgage was a full percentage point higher.For LTV <80%, the margin on the ARM is 1.5%.

If all this were true, then why do most of the fruit and vegatarian animals become so fat?

FHA will now look at you like the fancy pants Monopoly guy, but instead of making a fat $24 a year, they will only add $8 to your potential income.

Profit in real estate comes from cash flow, principal reduction, and appreciation...not just cash flow. 

given that each $50 dollar in lease reduces your purchasing power by $10k , whereas at 20% down you would have to spend $2000 to get that same reduction in purchasing power. 

If you have 10 divisions of your business and 2 are dogs, you just cut the fat!!

Certain pockets like Houston do better as companies with fat profits expand hiring of execs but the country as a whole doesn't do well.