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Bieber and entourage searched by sniffer dogs at Florida airport after drug ‘tip’

"Plain clothes officers and a dog squad swooped on the singer and his crew's luggage as they unloaded on the curb of the airport in Fort Lauderdale, Florida. TMZ reports law enforcement did not decide to randomly search the luggage but were instead responding to a tip off. According to the site: 'The reason cops searched the bags is because they received an anonymous tip someone in Justin's party had drugs in their luggage. 'Justin's bags, along with the bags of his entourage, were searched. Cops found nothing.' This is not the first time police have searched Justin and his crew." Continue reading →

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Justin Bieber: Sen. Klobuchar ‘Should Be Locked Up’ For Felony Streaming Bill [2011]

"During a radio interview, the host asked Bieber about the law, explaining how it would make streaming a felony, and his response was that Klobuchar 'should be locked up,' a point he reiterated a few times. They then go on to discuss it a bit, and Bieber talks about the importance of being able to upload and stream videos and to perform other people's songs. He talks about how people 'need the freedom' to perform songs. He also notes that it's 'awesome' when others perform his works." Continue reading →

Continue ReadingJustin Bieber: Sen. Klobuchar ‘Should Be Locked Up’ For Felony Streaming Bill [2011]

Welcome To Coincanna

"With crypto currency like Bitcoin & Litecoin, a grower can sell his or her strains and concentrates to a dispensary using Bitcoin or Litecoin, removing the large amounts of cash on site at the dispensary as well as the growers money is now safe on the blockchain, before they even leave the site of the trade. So this way no law enforcement encounter nor thief can take away the money involved with the grower or dispensaries trades. In the same way the dispensary can now accept Bitcoin & Litecoin from their patients for their medicine, removing the large amounts of cash from the site of the dispensary." Continue reading →

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Feds seized $2.9M in Bitcoin funds from Mt. Gox, court docs show

"The federal government sent a strong signal to Bitcoin traders earlier this year when the U.S. Department of Homeland Security seized an account belonging to Mt. Gox, the most popular exchange for people to buy and sell the crypto-currency. It was unclear at the time just how much currency the government confiscated. But a new filing in Baltimore federal court shows the feds seized $2,915,507.40 held in an account controlled by Dwolla, a third-party payment platform similar to PayPal. The funds belonged to Mutum Sigillum LLC, a U.S. subsidiary of Tokyo-based Mt. Gox. It’s unclear what will become of the funds." Continue reading →

Continue ReadingFeds seized $2.9M in Bitcoin funds from Mt. Gox, court docs show

What The 25% Collapse In Homebuilder Stock Prices Tells Us

"The most important factor that sets the fate of the homebuilder stocks is the housing market. If the housing market has growth potential ahead, then you can bet on homebuilder stocks to provide a stunning performance to the upside. If it’s the opposite scenario, with the housing market looking shaky, then homebuilder stocks usually tank. In other words, homebuilder stocks are very fickle, but they are also a great indicator of future activity in the housing market. Since mid-May, the Dow Jones Home Construction Index has plummeted roughly 25%, and it’s in negative territory year-to-date." Continue reading →

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California adds 500,000 renters while homeownership declines amidst a boom

"The California housing market is providing us with two different pictures. First, home prices have surged and inventory is still very low. However, the homeownership rate continues to decline from the peak reached in 2006 of 60.2 percent. Since 2007 California has added a net of 500,000 renter households while losing a net of 233,000 homeowners. Yet the market continues to boom in the face of a declining homeownership rate. As we look at the market today we start seeing a slowdown in the speed in which flips are being accepted and inventory is rising. With higher interest rates and the fall season just before us, will the market thaw or continue to accelerate?" Continue reading →

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You Have To Use This Checklist When Buying A House

"There's no way to predict if housing is going up or down. So you need to get Death, Debt, or Divorce on your side. These are basically the ONLY ways you can guarantee you are getting a better deal than anyone else. If every house in an area is going for $400,000 then you want to make sure you don't pay more than $200-250,000. That's called 'good investing'. Good investing is not about predicting the future, it's about getting a deal. This is an important concept no matter what you are investing in and it's the concept everyone forgets. Don't buy a house unless you are getting a deal, even if you've convinced yourself you will living there for 30 years." Continue reading →

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Monthly Home Payment Soars 40% To 2008 Levels

"The following chart from Credit Suisse fully explains why the US housing 'recovery' has just ground to a halt: in a few short weeks, US housing affordability (a topic we first covered a month ago) has collapsed as a result of the monthly payment on the median home sold soaring by nearly 40% from under $800 to just shy of $1100, a level not seen since 2008. Now if only US personal incomes would keep pace, instead of doing this." Continue reading →

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King of My Castle? Yeah, Right

"The City by the Bay is going through one of its worst housing shortages in memory. With typical high demand intensified by a regional boom in tech jobs, apartment open houses are mob scenes of desperate applicants clutching their credit reports. The citywide median rental price for a one-bedroom is $2,764 a month, but jumps to $3,500 in trendy areas. One reason for the shortage? Me. I’ve recently joined the ranks of San Francisco landlords who have decided that it’s better to keep an apartment empty than to lease it to tenants. Together, we have left vacant about 10,600 rental units. That’s about five percent of the city’s total." Continue reading →

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The most expensive home styles in America

"Most people know that a mansion costs much more than a farmhouse. What many might not be aware of is that the style of a home can also have a major impact on its price. A Mediterranean-style home sold in the U.S. costs an average of $1.32 million, while a ranch-style home costs less than a fifth of that. Real estate site Trulia provided 24/7 Wall St. with data on the price and popularity of different home styles for which the average price listed by Trulia was greater than $650,000. Descriptions of home style characteristics and history came from groups including Realtor Magazine and Better Homes & Gardens." Continue reading →

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