************************************************************
Grim foreclosure outlook for Los Angeles through 2012 -- Housing crisis will claim 200,000 homes in LA, 80,000 in the San Fernando Valley though 2012
By Gregory J. Wilcox, Staff Writer Daily News
The housing crisis will claim nearly 200,000 Los Angeles homes to foreclosure through next year - more than 80,000 of them in the San Fernando Valley - a report released Thursday predicts.
"The Wall Street Wrecking Ball," a report authored by two nonprofit housing advocates, estimates the mortgage meltdown has eroded almost $80 billion from the region's property values.
Read More
************************************************************
Video Pulled by Brad Sherman: Brad Sherman Admits Extreme Estate Tax Is Government Designed to Stop Families From Keeping Their Money
Read the viewer comments to this video at
The Blaze
************************************************************
Read Mark's Response to Berman vs. Sherman: 'This Could Be a Clash of the Titans' at the Chatsworth Patch:
Clash of the Titans – Sherman and Berman? More like “Clash of the Valley’s Biggest Tax and Spender’s”
While Sherman and Berman battle it out to retain their jobs, all of us in the Valley will be fighting to keep our jobs homes families Medicare benefits Social Security Veterans benefits businesses and our futures. The Valley has never seen such high unemployment foreclosures loss of manufacturing and loss of real-estate values.
The Valley once had three Veterans facilities and now, it has one, the Sepulveda Veterans Hospital. Most Valley residents are not aware that its existence is in jeopardy. Sherman has given his blessing to the giveaway of 14+ acres to a private developer. The remaining acres could suffer the same fate. Where are our veterans going to go to get their medical services?
To read the whole response click here and scroll down to the comments section.