Posts Tagged ‘ newt gingrich ’

Real Estate 360 With Louis Cammarosano 1/23/12

On Monday January 23, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (14:24)

Ryan and Louis discuss the Republican Primary, gold and silver prices and HomeGain’s 2012 Home Ownership Satisfaction Survey.  Ryan notes that when mortgage rates move up, they move up fast. Ryan urges rate shoppers to lock in now.  Ryan predicts higher mortgage rates in 2012. Louis discusses how the networks were able to project Newt Gingrich the winner of the South Carolina primary based on exit polls.

Ryan notes that Texas governor Rick Perry has dropped out and has endorsed Newt Gingrich. Ryan notes that Romney is attaching Gingrich based on his relationship with Freddie Mac and Fannie Mae.  Louis notes that in Iowa and New Hampshire Gingrich was crushed as a result of the focus of voters on Newt Gingrich’s activities with Fannie Mae and Freddie Mae.

Louis notes that during the South Carolina primary process, when the focus moved away from Freddie Mac and Fannie Mae and towards Mitt Romney’s activities at Bain Capital, the voters shifted away from Romney and towards Gingrich. Louis notes that Gingrich benefited in South Carolina from appearing strong in responding to a debate question relating to his personal life. Louis notes, however, that Gingrich won’t be able to win based on those types of answers.

Louis notes that as the attention shifts back to Gingrich’s activities at Freddie Mac and Fannie Mae, Romney will benefit and Gingrich will suffer. Louis notes that Gingrich is the non Romney  flavor of the month-his predecessors being Santorum, Cain, Perry and Bachman. Louis notes that Republicans are looking for a conservative alternative to Romney. Louis notes that as people peek under the cover they will notice that Santorum and Gingrich are not as conservative as they claim.

Louis notes that Ron Paul has been consistent in his view for 30 years and that his support in the polls has not fluctuated wildly  like the other candidates and has grown steadily. Louis notes that the media constantly discusses Ron Paul’s supposed non electability but never discussed the electability of the other candidates like Herman Cain whose qualifications including running a “pizza palour”, Michelle Bachman who has only been in congress a few years and Mitt Romney who was governor of a state that instituted “RomneyCare” a pre cursor to “ObamaCare” which is anathma to conservatives and Newt Gingirch with 20 years of “baggage”.

Louis notes that Ron Paul has won 12 elections to congress and has increased his vote totals by 4-5X since 2008  in New Hampshire, Iowa and South Carolina. Ryan notes that  Ron Paul’s issues, excessive spending, civil liberties, the Federal Reserve have not been discussed much in the campaigns and the debates. Louis notes that the Tea Party came into existence largely as a protest against the bail outs an the irony that the two front runners Romney and Gingrich were in favor of them and the stimulus packages.

Louis notes that Ron Paul has gained currency  with younger voters and that younger voters are discovering Austrian economics. Louis and Ryan discuss Ron Paul’s interest in reinstituting the gold standard and that Newt Gingrich has jumped on that bandwagon.

Louis notes that during the debates they have not talked about each candidates plan to cut spending – other than Rick Perry’s attempt to name three Federal Agencies that he would cut. Louis notes that only Ron Paul has a plan to cut spending-$1 Trillion in his first year as President.

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Posted by: HG Blog Admin on January 28th, 2012 under Louis Cammarosano on Real Estate Radio

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Real Estate Radio With Louis Cammarosano 11/14/11

On Monday November 14, 2011, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate Radio show on The Big Talker 1580 AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (15:00)

Ryan notes a curious answer by Newt Gingrich about housing during the recent Republican debate. Louis notes the problem of having a real debate with nine candidates in an hour and noted Ron Paul, for example only spoke for 90 seconds in the most recent debate.  Louis notes that there is no free market in real estate as the government is so involved in the real estate market. Louis notes the absurdity of giving the executives of Freddie Mac and Fannie Mae bonuses.

Ryan discusses the issues that Private Mortgage Insurance companies are having and their impact on Freddie Mac and Fannie Mae. Louis notes the analogy during the financial crisis when AIG was unable to meet its insurance obligations to Goldman Sachs and the Fed had to bail them out. Louis notes that the government caused the housing bubble with low interest rates.

Louis notes that the government also causes the cost of education to go higher by guaranteeing loans. Louis note that when the government sponsors services by guaranteeing loans, prices go higher but the quality does not go up. Louis notes that students with excessive loans will have a hard time getting a job and even if they get one will have a hard time getting a loan to buy a home. Louis notes that 70% of the U.S. economy is based on spending-spending with borrowed money. Continue reading this post


Posted by: Louis Cammarosano on November 23rd, 2011 under HomeGain on Real Estate Radio, Louis Cammarosano on Real Estate Radio


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