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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (263075)	7/22/2010 1:49:41 PM
From: tejek	Read Replies (1) \| Respond to of 306849

And you think you can stop these people with more guards at the border. LOL. Prosecutors dismiss rape charges against illegal immigrant Snohomish County prosecutors have dismissed rape charges against an illegal immigrant whose arrest in Edmonds sparked outrage because he had been deported 10 times before.<?I> By Mike Carter Seattle Times staff reporter Snohomish County prosecutors have dismissed rape charges against an illegal immigrant whose arrest in Edmonds sparked outrage because he had been deported 10 times before. Jose Madrigal-Lopez, 46, pleaded guilty to a single count of misdemeanor indecent exposure last month after prosecutors dismissed the second-degree rape charges after concluding that the sexual contact may have been consensual, Snohomish County Attorney Mark Roe said Thursday. Madrigal-Lopez was arrested after a witness saw him standing, with his pants down, over a woman outside an Edmonds supermarket. The woman first told police that he had offered her $35 for sex and then raped her when she refused. Jail records indicate that she told police she was screaming for help, but a source familiar with the investigation said she changed her story. "The evidence was relatively equal on whether or not it was consensual, so we were not completely convinced," Roe said. Madrigal-Lopez was sentenced to 90 days with credit for time served for the indecent exposure charge in the Snohomish County Jail. He is now in federal custody. On Thursday, Madrigal-Lopez appeared before U.S. Magistrate Judge John Weinberg in Seattle on a new federal felony charge of illegal re-entry, which could land him in prison for 10 years. Madrigal-Lopez has a long criminal record in the U.S. of mostly drug offenses, although he was convicted of theft of a firearm in California and unlawful sexual contact in Denver. He was deported to Mexico 10 times between 1997 and 2004, but each time returned to the U.S., according to the court records. Mike Carter: 206-464-3706 or mcarter@seattletimes seattletimes.nwsource.com

To: Jim McMannis who wrote (263075)	7/22/2010 1:50:41 PM
From: tejek	Respond to of 306849

When you can borrow for zero % and loan out at 5-6-7% it's not that hard to show a profit. Even if you have to absorb tons of foreclosures and short sales. Especially when backstopped by the taxpayer. Of course they are stealing interest from all the savers getting virtually nothing on their savings. All helped along by good 'ole Ben and the FED. I understand, Jim.....the article undermines your bearish, anti Obama story. Thanks for sharing. ;-) Here's another one you can work to undermine.......have fun: 3M net income climbs 43%; firm raises outlook for second time this year marketwatch.com

To: Jim McMannis who wrote (263075)	7/22/2010 2:23:13 PM
From: tejek	Read Replies (2) \| Respond to of 306849

Immigration Law Could Hit Housing Market Hard Even more vacant homes could fill neighborhoods Published : Monday, 14 Jun 2010, 7:40 PM MDT PHOENIX - Arizona's controversial new immigration law is expected to have a big effect on the valley's housing market. Some people fear it will lead to a lot more foreclosures, and squeeze the life out of entire communities, as many leave the state. Realtors say there are many illegal immigrants who own homes in the valley. They tell us about families where one spouse is legal and the other isn't. They don't want to face the prospect of deportation and the family being split apart, so they're getting out of Arizona. Also, families that are legal who oppose the law could take flight. So what happens to the neighborhoods they leave behind? Five families have moved out in one block near 15th Ave and Southern in south Phoenix, because of fear of the new immigration law. The areas that are heavily populated by Hispanics could become ghost towns. Ruben Medina has lived in that neighborhood for a long time. "There will be a lot more vacancies… a lot of people are not going to want to come here. If I was Hispanic and from another state, why would I want to come over here and be harassed?" Margie O'Campo de Castillo, who works for Arizona Dream Realty, says, "I can tell you that I have spoken to many people. Because of that bill they are leaving the state. They don't want to face repercussions; they do not want to have their families separated." The law hasn't even taken effect yet, but the fear factor is there. Housing experts say the employer sanctions law also had a negative effect on the market, but it's hard to tell because of the economic downturn. It's also possible that some out-of-state families will choose to move to Arizona in support of the immigration law -- only time will tell its effect. The law goes into effect on July 29. myfoxphoenix.com