Random Thoughts

Have you ever wondered what the Presidential candidates’ speeches would be like if they weren’t allowed to use the word, “change”? In 2006, the FAA was concerned that electrical shorts and fires may result from improperly bundled wires in the MD-80 aircraft.  One wonders why the FAA allowed American Airlines to operate for two years … Continue reading Random Thoughts

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Buying Foreclosures is Risky Business

You’ve heard and read the national media hype about foreclosures and they sound like a great opportunity, don’t they?  Maybe you’ll change your mind after reading this post. What Causes a Foreclosure Many adjustable-rate  subprime loans initiated between 2003 and 2006 will adjust their rates in 2008. Many of those buyers barely qualified for a loan when … Continue reading Buying Foreclosures is Risky Business

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Aloha Airlines Bailout

My thoughts on the state of Hawaii’s proposed bailout of Aloha Airlines are below. Hawaii’s House Speaker and Senate Ways and Means Chairwoman pledged to support the airline.  This is the same airline that filed for bankruptcy twice in three years.  Should Hawaii really bet your tax dollars on this horse?  A leading airline industry analyst said, ”Putting more money … Continue reading Aloha Airlines Bailout

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