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New Calif. Law Would Ban Texting While Biking; What’s Next?

New Calif. Law Would Ban Texting While Biking; What’s Next?
April 27, 2012 3:12 PM

LOS ANGELES (CBS) — It could soon be illegal to ride a bicycle and text if a California lawmaker gets his way.

Sen. Joe Simitian (D-Palo Alto), who authored the 2008 California law mandating the use of hands-free technology while driving, has proposed extending that law to bicyclists.

Senate Bill 1475 would ban bicyclists from texting or talking without a headset.

http://losangeles.cbslocal.com/2012/04/27/new-calif-law-would-ban-texting-while-biking-whats-next-eating/

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Pedestrian in Ridgewood Struck By Motor Vehicle

Photo by Boyd Loving

Pedestrian in Ridgewood Struck By Motor Vehicle
04/29/2012
Boyd A. Loving
3:41 PM

(RIDGEWOOD-NJ) At approximately 3:00 PM on Sunday, 04/29/2012, Ridgewood PD received a 911 telephone call reporting a pedestrian struck at the intersection of Doremus and Ackerman Avenues.  First arriving units located a female lying on the street with severe head injuries.  The victim was attended to by personnel from Ridgewood EMS and Paramedics from The Valley Hospital, and then subsequently transported to St. Joseph’s Hospital in Paterson by Ridgewood EMS.

Responding agencies were:  Ridgewood PD, Ridgewood EMS, Glen Rock PD, Paramedics from The Valley Hospital in Ridgewood, and the BCPO Fatal Accident Investigation Team (requested, but not on scene at time photos were taken).

Photos by Boyd Loving

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Bookends : Bear Grylls, Tuesday, May 1st @ 7:00pm

Bear Grylls, Tuesday, May 1st @ 7:00pm
Host of Man vs. Wild, Bear Grylls, will sign his new book: Mud Sweat & Tears
Book available on May 1st

Appearing authors will only autograph books purchased at Bookends and must have valid Bookends Receipt.Availability & pricing for all autographed books subject to change.Bookends cannot guarantee that the books that are Autographed will always be First Printings.
Autographed books purchased at Bookends are non-returnable.

While we try to insure that all customers coming to Bookends’ signings will meet authors and get their books signed, we cannot guarantee that all attendees will meet the author or that all books will be signed. We cannot control inclement weather, author travel schedules or authors who leave prematurely.

Bookends, 211 E. Ridgewood Avenue, Ridgewood, NJ 07450 201-445-0726

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Economy’s Biggest Drag Right Now Is Government

Economy’s Biggest Drag Right Now Is Government
Published: Friday, 27 Apr 2012 | 1:12 PM ET Text Size By: Jeff Cox
CNBC.com Senior Writer
 
Government has become its own worst enemy when it comes to the economy, with public spending putting a damper on growth that otherwise continues at a steady if unspectacular pace.

Friday’s gross domestic product report confirmed what a drag government can be: While consumer spending grew at a 2.9 percent clip, state and local governments cut back spending by 1.2 percent on an annualized basis and the federal government pulled back by 5.6 percent

http://www.cnbc.com/id/47205997

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U.S. Homeownership Hits Decade Low

U.S. Homeownership Hits Decade Low
April 26, 2012
Still, 70% think now is a good time to buy a house
by Dennis Jacobe, Chief Economist

PRINCETON, NJ – The 62% of Americans who say they own their own home marks a new low since Gallup began tracking self-reported homeownership in 2001

The current level of homeownership marks a decline from 68% in 2011. For most of the prior decade, roughly seven in 10 Americans reported owning their own home. While the recession and financial crisis took place in 2008-2009, homeownership rates didn’t begin to reflect the bursting of the housing bubble until 2010, when 65% of Americans reported owning their own home — the lowest level recorded before this year.

http://www.gallup.com/poll/154124/U.S.-Homeownership-Hits-Decade-Low.aspx

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AGENDA21 – THE NEW SERFDOM

AGENDA21 – THE NEW SERFDOM
Posted on April 26, 2012, 9:00 AM

Agenda21 is global socialism directed through the United Nations. “Smart Growth” is doublespeak for planned communities. “Sustainable Development” means a centrally planned economy. “Industry Clusters” are government work factories. “Green Design” is the clustering of people in 700 sq/ft, 14 story “pack and stack” living quarters with your personal universe restricted to walking distance or light rail travel to your place of work. This is the reinvention of Mao’s China.

The famous tome “Road to Serfdom” by F. A. Hayek (1944) is the treatise on why planned economies must always fail and create misery in their path. Von Mises, Hayek and the other Austrian Economist (Ludwig Von Mises, F. A. Hayek, Murray Rothbard) contrast the liberty and prosperity of free market capitalism with the failure and totalitarian nature of socialism’s planned economy. In America for the first 225 years, free markets prevailed. In a nutshell, this means that 311 million people make individual decisions based on their individual needs and wants day in and day out. Billions of decisions are made by families given a wide plethora of choices and complex individual constraints. Agenda21 and socialism in general superimpose a one size fits all central decision in its place.

The first consequence is an economic desert. It is not a coincidence that most technological innovations occurred in the United States. In a planned economy, perhaps Edison might have invented a more efficient kerosene lamp. Government mandates for lighting may have funded safer or more luminous lanterns. Instead, Thomas Edison performed thousands of experiments with his own time and money creating the light bulb. It allowed for increased mobility during dark hours and improved education. Likewise, Henry Ford simply applied general theory of economic “division of labor” to make the automobile less expensive and abundant. A central planner may have simply commanded him to build lighter and safer horse buggies.

http://conservativenewjersey.com/agenda21-the-new-serfdom

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Insight: Falling home prices drag new buyers under water

Insight: Falling home prices drag new buyers under water

By Tim Reid
Thu Apr 26, 2012 1:12pm EDT

(Reuters) – More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame.

That figure, provided to Reuters by tracking firm CoreLogic, represents about one out of 10 home loans made during that period.

It is a sobering indication the U.S. housing market remains deeply troubled, with home values still falling in many parts of the country, and raises the question of whether low-down payment loans backed by the FHA are putting another generation of buyers at risk.

http://www.reuters.com/article/2012/04/26/us-usa-housing-negative-idUSBRE83P12E20120426

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US home prices drop for 6th straight month

US home prices drop for 6th straight month
Home prices fall in most US cities for sixth straight month, as housing struggles to recover

WASHINGTON (AP) — Home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven’t been enough to boost prices.

The Standard & Poor’s/Case-Shiller home-price index shows that prices dropped in February from January in 16 of the 20 cities it tracks.

The steepest declines were in Atlanta, Chicago and Cleveland. Prices rose in Phoenix, San Diego and Miami. They were unchanged in Dallas.

The declines partly reflect typical offseason sales. The month-to-month prices aren’t adjusted for seasonal factors.

http://finance.yahoo.com/news/us-home-prices-drop-6th-130235133.html

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What a difference a day makes – in the mortgage business

What a difference a day makes – in the mortgage business

By Michael Fidanza

These days, it is not uncommon to see mortgage rates below 4%, however, many buyers have seen rates over 4% when the date of the closing rolls in. What is the reason for this? Shane Force of Atlantic Home Loans has a simple explanation:

“It used to be that mortgage rates fixed once every week, so you used to have some time to think about locking in on a rate. In today’s global economy, a hiccup in the Middle East could cause a quarter-point swing.” Force adds, “Many people wait for the perfect time to lock in – hoping that rates will drop and only watch as rates creep up. If someone locks in at a higher rate and the market moves significantly, we will work with them to get a better rate.”

This is a great reason to start your home shopping with a reputable lender. There are issues that you may want to address before you even click ‘search’ on your favorite real estate site.

In regards to financing, here are some things to think about when considering purchasing a home:

– Have your documentation ready. Don’t wait until the last minute to get your bank statements, W-2’s, paystubs or income statements. You may want to have your accountant get the paperwork in order.
-If you have less than perfect credit, you may want to start working with a lender who has a program to rehabilitate your FICO score. A FICO score of under 720 starts adding hundreds of dollars per month to a payment. FHA / VA programs, first time home buyers
-First-time home buyer, FHA and VA loans can help get a would-be new homeowner.
-Sub-prime mortgages as well as low- or no-documentation loan days are all but over but money to lend is more available than it has been since 2008.
-Know how long you want to be in your new home. There may be loan options for newlyweds who are buying small to start a family and may move up in 5-7 years.orld events cause 1/4 pt —- Online mortgage companies may tempt you with low rates but lack the knowledge of the local market and will never meet with you fact-to-face and try to understand your specific situation.
-Be prepared to walk away from a bad deal…one way to avoid is to get a personal recommendation from a relative or friend who has worked with a mortgage lender before.

Be proactive! By shopping for a mortgage banker before you shop for a home, you will save yourself time, trouble and stress that are inherent in the home buying process.

Michael is a licensed realtor and can be reached at www.TheNuberTeam.com