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Valley News: “Stockton Syndrome” Discussed in Absolute Wealth’s...

Valley News: “Stockton Syndrome” Discussed in Absolute Wealth’s...: “The Gorrie Details” looks into the scenario in California in the daily editorial column from James R. Gorrie. Austin, TX (PRWEB) July 1...

Today I am Stating Publicly, My Candidacy For The Office Of Mayor

Today I am announcing that I will be running for Mayor, In the city of Stockton, California. This will mark my 4th year living in stockton, the All-American City. I fell in Love with this port-side town while I was commuting here from Manteca during my years at Delta College. My First Semester at the school, I was privileged enough to sign up for a psychology class with Dr. Blanchard. She was a fiesty lil-Oriental Lady, who had a dictatorial image about the way she taught that seems almost enriched somehow. Well I learned a lot from her, especially the social life of a socialite. She asked me to be a busboy at a reception she was holding for Dennis Cardoza, A District Representative in the 18th district of California. I agreed to participate, and help set the tables and break them down afterwards. Going to a Congressional Dinner, held by the wealthiest patrons in our surrounding areas. And did they know how to Party. There were Cases of wine from all the local grower's, Corona's, New-York Steaks, Caviar, and the list goes on, it wasn't the nicest event I've partaken in, but definitely the funnest. I met the Congressman on the Casino side of the Boat, where he asked me to join him in playing roulette, and later taught me how to play Craps. What happens in Stockton, Stays in Stockton, Really this was a charity event, so it was all fun and games. This is what got my interest focused on public office, politics, and the key issues that take away from what moral standards we still see today. After soaking up everything around me for the past four years, and not changing my set core values, I believe I am ready to take on these challenges that are still ahead. I decided to run for the office of Mayor this year, because I am fed up with what we are being told. I want accountability from these elected officials that were carelessly taking our Country Joyriding with not a care in the world.

Paul talks hemp, federal regulation in ND visit

BISMARCK, N.D. (AP) — Republican presidential candidate Ron Paul praised hemp as an alternative crop and said a free-market approach would protect the nation's environment Monday during North Dakota campaign stops that drew hundreds of cheering supporters.

North Dakota, which is holding Republican presidential caucuses March 6, is one of 13 states with a caucus or primary from Feb. 28 to March 6. North Dakota has 28 delegates to the Republican National Convention in August, although the caucus results will not dictate how any of them vote.

Paul campaigned in Williston, Dickinson, Jamestown and Bismarck on Sunday and Monday, following rival Rick Santorum's swing through Fargo, on the Minnesota border, and the northwestern oil-country town of Tioga last week.

In Jamestown, about 100 miles east of Bismarck, Paul was critical of the federal government's ban on the cultivation of industrial hemp, a crop that is related to marijuana but does not have its mind-affecting properties.

Industrial hemp is grown in neighboring Canada and other countries, where it is used to make paper, lotions, clothing and biofuels.

North Dakota's Legislature and Agriculture Department have pushed allowing hemp to be grown in the state. A state lawmaker who wanted to cultivate the crop filed an unsuccessful lawsuit against the Drug Enforcement Administration, seeking a declaration that doing so would be legal.

"There is no reason, in a free society, that farmers shouldn't be allowed to raise hemp," Paul said during a Jamestown appearance that drew about 300 people. "Hemp is a good product."

In Bismarck, where the Republican congressman spoke to about 1,200 people Monday night in the gymnasium of a private Christian school, Paul said enforcement of private property rights would be sufficient to protect citizens against pollution, rather than relying on the federal Environmental Protection Agency.

"The more socialized a system is, the worse the property is, and the worse the environment is," Paul said. "We should never be bashful about saying we believe in property rights ... and we don't have to give one inch and say that we're careless with the environment, because you don't have a right to pollute your neighbor's property."

In North Dakota's Republican presidential caucuses in 2008, Paul finished third behind Mitt Romney and John McCain, getting 21 percent of the almost 9,800 votes case.

Duane Sattler, of Richardton, was one of the sign-carrying Paul supporters who attended his Bismarck speech. His son, 13-year-old Shawn Sattler, sat nearby, waving an American flag.

"He's been standing alone a lot of times," Sattler said of Paul. "He votes for our personal freedoms, for sound money, and for less government and less taxes."

He became a Paul supporter during his presidential run in 2008, Sattler said. "I really went and did some research, and the deeper I dug, the more I liked the man," he said. "With the other candidates, the deeper I dug, the less I liked them."

Rate on 30-year mortgage drops to record 3.89 pct.

WASHINGTON (AP) — Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates.

Freddie Mac said Thursday the average rate on the 30-year fixed mortgage fell to 3.89 percent. That's below the previous record of 3.91 percent reached three weeks ago.

Records for mortgage rates date back to the 1950s.

The average on the 15-year fixed mortgage ticked down to 3.16 percent. That's down from a record 3.21 percent three weeks ago. Mortgage rates are lower because they track the yield on the 10-year Treasury note, which fell below 2 percent. They could fall even lower this year if the Fed launches another round of bond purchases, as some economists expect.

Average fixed mortgage rates hovered around 4 percent at the end of 2011. Yet many Americans either can't take advantage of the rates or have already done so.

High unemployment and scant wage gains have made it harder for many people to qualify for loans. Many don't want to sink money into a home that they fear could lose value over the next few years.

Mortgage applications have fallen slightly on a seasonally adjusted basis over the past four weeks, according to the Mortgage Bankers Association. Frank Nothaft, Freddie Mac's chief economist, said that until hiring picks up and unemployment drops significantly, the impact of lower mortgage rates will remain muted.

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