10/31/11. HAPPY HALLOWEEN. We hope all have a safe and fun day. Please watch your children this Halloween. Keep them safe from tainted treats and bad adults. Sincerely, James Liceaga Sr. editor YYYC.
10/30/11. Front runner Republican Presidential candidate, Herman Cain has been accused of sexually harassing two women when he was in charge of the National Restaurant Association years ago. Again this is only an accusation. It never was proven in court. Just Hear Say. A politicly associated blog/web site reported this disturbing news. What a shame that a blog took front center stage on a very credible individual. The question is, Will Women vote for Hermann Cain? Is this a Treat or Trick this Halloween season? Depends what party your with I guess. More to come, stay tune.
10/29/11. Americans savings accounts/plans have dropped by 3.6%. This is the lowest in four years. More to come, stay tune.
10/28/11. 60% of Homes in the state of Nevada is in Foreclosure. Most of these Americans in Foreclosure are Hispanic. The Hispanic communities in Nevada have lost most of their nest egg/equity in that state. More to come, stay tune.
10/27/11. Mexico is on the move. Their low deficit means that Doing Business in Mexico is a lot easier than China. With the United States sharing North America with Mexico it is cheaper and cost effective to use our neighbor to the south. U.S. Manufacturer's get a quicker response time/mode because of the location of Mexico to the United States v. China. China's shipping cost have increased. Mexico's Gross Domestic Product (GDP) is expected to reach 4%. Their currency the "PESO" is strong. Their Labor force is strong, smart and dedicated. Just terrific. The country recently passed a National Health Care program for all Mexicans to opt in. Health coverage for all. That means cheaper/lower cost for companies. Mexico's law makers made a deal with their Teacher's Union. For the first time in Mexico's history, all teachers can be evaluated by non-partisan professionals with the Teachers Union blessing. That was hard to achieve but Mexico's law makers got it passed and agreed upon by Mexico's Teacher's Union and parents. This means smarter/brighter students graduating. Did you know that Mexico graduates 90,000 Engineers per year. Yes folks, Mexico is on the move. James Liceaga, YYYC senior editor. More to come, stay tune.
10/26/11. So far this week, President Obama announced he will use his Executive Order to change the rules for refinancing a FREDDIE MAC and FANNIE MAE Mortgage. Borrower must be current on their mortgage. Not late on their mortgage. Eliminate/scrap the mortgage loan ceiling of 125% of the value of the borrower's property value. This is to assist borrower's homes that are upside down. (The true value of the property is less than the borrower's mortgage.) No new or current property appraisal needed. No equity requirement in property and less fees/cost to refinance a mortgage that has no late pays. Now this is a good idea. Should help between 500,000 to a million home mortgage borrowers. This program should be extended to borrowers that are up to six months behind on their mortgages to level off the foreclosure crisis in The United States. More to come, stay tune.
10/25/11. Last week the credit reporting agency referred to as "FICO" by most Americans has decided to expand their reporting to include late pays on rental units. To include late pays on utility companies. This will lower the score of almost all Americans. The lower your "FICO score the higher the interest rate you will be paying. That higher interest rate will increase your monthly payment. It's your money folks. Looking for a job? A lower "FICO" score will certainly effect your job search. Companies may/can reject your resume if you have a low "FICO score. Maybe you should be joining those marchers on Wall Street. But make up signs that complain about "FICO" scoring abuse. Yes I said it. "FICO" Scoring Abuse! It's your life they are reporting on. James Liceaga, YYYC editor. More to come, stay tune.
10/24/11. President Obama has announced he has a plan to assist struggling home owners and college graduates trying to pay for their student loans. Student loans are due or monthly payment arrangements allow college grads to start paying their student loans about seven months after they gradaute. With jobs hard to find these days former college students are getting behind on their student loans. They are then reported as 30 days late on their credit report. No fault of their own. The economy is terrible. Home Owners have a hard time refinancing their homes to lower their payments. They also find that their value has dropped and that they owe more than the house is worth. Upside down on their mortgage. President Obama says he has a plan to fix these two major problems. It will be unveiled some time this week. More to come, stay tune.
10/23/11. The former boss of the French Socialist party, Francois Hollande won his party's nomination to run against France's current president, Nicolas Sarkozy in the spring of 2012. More to come, stay tune.
10/22/11. "LOS ROQUES" is a chain of Islands off Venezuela's Caribbean coast. Lots of beautiful private holiday homes on those islands. Venezuela's president, Hugo Chavez has announced he has plans to nationalize those homes on his country's islands. Lots of bank and oil executives upset. Maybe these rich executives will find another island to holiday. I'm sure. More to come, stay tune.
10/21/11. In the United States of America, half of all workers earn $27,000 or less per year. More to come, stay tune.
10/20/11. Omar Qaddafi has been killed! The LIBIA Dictator/Leader for 41 years was captured and killed by Libia rebels/Freedom Fighters. More to come, stay tune.
10/19/11. Britain's defence company, BAE System announced they need to cut 3,000 jobs to stay competitive. Their production of fighter aircraft, The Eurofighter Typhoon was cut back. A sea of red tape and lack of orders was to blame. More to come, stay tune.
10/18/11. Israel will be building another 1,100 homes in East Jerusalem. This is the place that Palestinians want their Capital to be built. Both Israel and Palestine know this. Currently future Peace Talks are on hold. Surprise! More to come, stay tune.
10/17/11. Violence on the border of Kosovo and Serbia hurt four NATO peacekeepers and sixteen ethnic serbs. The problem is that Kosovo blamed Serbia for European Union's talks being postponed in Brussels between the two countries. More to come, stay tune.
10/16/11. In August of 2011, New Home Sales hit a new six month low. This is the fourth time new home sales were down in six months. More to come, stay tune.
10/15/11. Berkshire Hathaway's bought back some of their own stock to stop the company's stock from falling/decreasing. The stock was not able to reflect it's true price in the marketplace. More to come, stay tune.
10/14/11. The million man march celebrates it's 16th year anniversary. More to come, stay tune.
10/13/11. Mayor Rahm Emanuel to to double the price/increase the fees Chicagoans pay for their Water and Sewer. Increase/Raise the fees on all SUV Vehicles to $135 per city sticker. Charge a $2 dollar congestion tax for people parking their vehicles downtown Chicago. This is a new tax/fee. More to come, stay tune.
10-7-11 to 10-12-11 Sorry no news posted. I have been sick with the flu. Will be posting news some day today. Feeling better. Thank You. Jim Liceaga yyyc editor
10/06/11. Canada's pipeline to the United States delivers 1.8 million barrels of oil per day. More to come, stay tune.
10/05/11. As of last month, 31% to 33% of all housing in the United States of America is in/or was in foreclosure. How shameful. More to come, stay tune.
10/04/11. One of the founders of Apple computer, Steve Jobs died at the age of 56. He had been suffering with pancreatic cancer. He step down as leader of his company in August. God Bless his family. More to come, stay tune.
10/03/11. In the U.S.A., 60% of caucasions are enrolled in college. African Americans 40% are enrolled in college. Wealth on average to hand down to heirs/family, caucasions $115,000, African American $5,700. More to come, stay tune.
10/02/11. Today the Supreme Court starts a new session. One argument that will be discussed/reviewed on the agenda is Immigration. The relationship of police demanding citizenship papers from people they stop in routine traffic stop situations. Does the police and authorities have the right backed by our U.S. Constitution to demand the proof of residency and citizenship papers of students in public schools? This is one topic that will be reviewed/argued in the Supreme court. The U.S. Small Business Association will be paying extra attention to this topic. More to come, stay tune.
10/01/11. Did you know that Immigrants in the United States of America represent 1/2 of all engineers in the country. That because of this the United States has 15% more patents. That 50% of immigrant students attending colleges across the country are working/seeking a degree in Engineering. More to come, stay tune.
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