First some housekeeping:  I've contacted Ender about the spam comments.  There's thousands from our friends in China, so my apologies, but I'll wait and let him clear that user out.   Also, are there really people who believe you get paid for posting comments with links?   I thought that latest "hey, get paid real money for doing next to nothing!" scam got debunked.   

Second, how 'bout those Saints?   New Orleans needed that, and the team earned it.  

Whither the Democrats now?

This is an open thread

Cheers!

Posted as an article on Source of Title . Not sure how much interest SC will have in the stuff I write nowadays as a part of my duties at my home site; much of it will be related to the title insurance industry, and the rest will probably be mostly related to real estate in some fashion.   In this case, I think there could be some general interest because  1.) FHA's policy portfolio has exploded in the past 12-24 months as the agency has taken over the market for the "subprime" home buyer and the private market for no-money-down loans, option ARMs, NINJA loans and the like have evaporated, and 2.) FHA's financial position is in question as defaults on FHA insured mortgages have spiked, and there have been predictions of a bailout.

Lend America ceased operations earlier this week in the wake of a case brought against it documenting 40 cases of mortgage fraud involving FHA-backed loans, cases which likely only scratch the surface of the true scope of the fraud committed by the company.  The situation prompts the question: how is such widespread fraud possible to maintain for such a long period of time, especially when dealing with a federal agency?  A closer look at FHA's policies, and one might start to wonder why massive frauds like Lend America aren't more common.

Houston Mayor Bill White enters the Texas governor's race.    He's my mayor.

Cross-posted from Source of Title

As I wrote about in my last post, "Debate over New York title insurance public option seems to miss the point ", a group of New York state legislators have proposed legislation to create a "public option" for title insurance.  These legislators have pointed to Iowa's Title Guaranty Program, a system of public land title insurance established by Iowa state law.

Unfortunately, there seems to be some confusion on the part of the New York legislators as to the nature of Iowa's land title laws.  In short, it appears that they have leaned too heavily on the vast online encyclopedia Wikipedia in their research of the issue.

Who's cooking?  I'm not this year; we're going out, to a local hotel's affaire.  That way I don't feel too guilty about making someone work on Thanksgiving.

This is an open thread.

A new open thread, all wrapped up in shiny paper, just for you.

A general question:  What is your opinion on the need for more active moderation here?   By that, I mean someone jumping into threads and providing admonishment for posters who stray into the personal attack territory, somewhat along the lines of what happens at the Forum.   

Happy Halloween, everyone.

I'm wondering about Afghanistan: why are we there ?  Have the Democrats bought into the brown bogeyman scare tactics, or does the idea of spreading democracy and stability through violence now appeal, all of a sudden?   Is Obama too much of a politician to say "you know, I've changed my mind on Afghanistan . . . . "

Ender asked for suggestions that might facilitate participation here.  In that spirit, some of my links are  from blogs; maybe perusing them will spark some ideas that can be applied to SC.    This is an open thread.

Pournelle has some philosophical musings about the affect of increasing bureaucracy upon a democratic society, quoting this well known writer

Hello everyone. It certainly has been a while and I see that, quite understandably, the site has gone downhill. I have no interest in closing up shop unless you guys want me to because I do not mind hosting the site.

However it is quite clear that there is no future here if nothing changes. Would you all be interested in moving on to a different format / different site name / different ruleset - etc? I don't know if you had that discussion or not. There are certain things that are easy to implement (with not much labor on my part) that I would be willing to consider.

Is it just me, or are people taking things way too seriously when the President cannot make a speech to schoolchildren without it causing an uproar?  

This is an open thread.  What's on your mind?

You know it's bad when Bob (aka cheneyslovechild) tosses in the towel . I guess it's hard to be passionate about something when reality slaps you in the face.

Here's your OT for the week.

For those of you who are looking for a bit more activity, The Forvm is in ship-shape.  We're a little slow at the moment, but they aren't.

Sarah Palin is no longer governor of Alaska.  Palin resigned suddenly a few weeks ago...a move which shocked and confused many pundits.

The "swine flu" has made its way to the middle east -- Israel and Saudi Arabia .

Have a good 1st half of the week...and a good rest of the week.  Let's reuse this one since it only has 6 posts.

Here's your open thread for Wednesday, Thursday, and Friday.  I'm away doing some house and dogsitting for a family member, so I don't have too much time to check in this week.  I'll be back on Monday!

Good news, everybody!  Today is semi-annual profit-sharing day at my employer.  I awoke to find some extra cash in the credit union account.  Not the full share, mind you, since I've only been employed for about 50 days or so, but extra money all the same.  Cheers!

His Holiness, Pope Benedict XVI broke his wrist during a fall.

The confirmation hearings for Appeals Court Judge Sonia Sotomayor are kaput.  The Senate has already scheduled a committee vote on Tuesday, and the Republicans, true to their word , will not filibuster her floor vote.

Have a wonderful weekend.

Matt Taibbi has a great article about Goldman Sachs. 

Weekend stories:

Obama believes the stimulus will start making a difference Real Soon Now.

Roland Burris will not seek election to his Senate seat.

Monday's stories:

Judge Sotomayor's confirmation hearings start today.

A South Korean TV station is reporting the North Korean dictator Kim Jong Il is suffering from cancer .

Wednesday's stories:

The House has their health care bill ready to be reported out of committee.  The Senate is still working on a compromise bill that will get 60 votes.

President Obama also has a plan for funding community colleges .  His plan is to spend $12 billion over 10 years.  How to pay for it?  The plan is to "end the role of private banks in the federal education lending system."

And a special announcement from your friendly moderator...

Hope everyone had an enjoyable Independence Day Weekend. Today we celebrate the wild fig, or we would if we were ancient Romans.

In these modern times, we've got Obama in Russia , the Climate Bill getting a workover by the Senate, and unrest in China .

This is an Open Thread. Write about whatever the fig you'd like.