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Whistleblower! Ex-Clayton Homes Team Member on TV Denounces Manufactured Housing Giant’s Practices

December 5th, 2018 No comments

 

WhistlblowerExClaytonHomesTeamMemberOnTVDenouncesManufacturedHousingGiantsPracticesDailyBusinessNewsMHproNews

Foreword: a Manufactured Housing Institute (MHI) member messaged our publisher, “You seem to have conceptual IQ [and] that is more important than spelling ability.”

 

That there are divisions in manufactured housing ought to be self-evident. That’s true for any industry or large group. But among the many questions that ought to be asked, are those divisions in manufactured housing (MH) bad?

Are some distinctions within the MH Industry useful — or even good?

Within companies there are different points of view too.  The larger the organization, the more points of view will exist.

It goes without saying that Clayton denies recurring allegations that have surfaced in 2018, that have been visible for some years in mainstream media. Before we get into the Clayton whistleblower mainstream TV news video, this topic is serious enough where it merits a giant step back for perspective.

 

MH Divisions

It goes without saying that neither MHI, nor the Manufactured Housing Association for Regulatory Reform (MHARR), are entirely monolithic organizations. Because there are some dual members of both national trade groups, there have at times been some in MHVille that mistakenly believe that the two are one in the same.

Hardly. A close look at the track records of the two trade groups make it abundantly clear that there are real differences in style, goals, and more.

There are those in manufactured housing who believe there should only be one national trade group.  To that point – we ask, if that is logical – then why are there so many trade groups in:

  • Mainstream housing: National Association of Home Builders (NAHB), National Association of Realtors (NAR), Mortgage Bankers Association (MBA), and on down the list or remodeling, finance, and more.
  • Automotive – According to Wikipedia, there are some 29 pages of associations in the automotive field. Just starting with A: Auto Care Association. Alliance of Automobile Manufacturers. American Automobile Association. American Highway Users Alliance. American Hot Hod Association. American Motor League. Association of Global Automakers.
  • How about RVs? There are producers, dealers, owners, suppliers, and a plethora of trade groups that represent the varied interests of Recreation Vehicles (RVs). FYI – for those who aren’t into RVing, an RV is not just a motorized vehicle, towable RVs are a huge part of the RV business. Some of those towable RVs are de facto a competitor to manufactured housing.  FEMA orders for RVs vs. MH are but one example.

So, if there are so many trade associations in other industries, why are there so few manufactured housing national trade groups?

That is arguably a problem for the manufactured housing industry.  There are inherent conflicts of interest in having manufactured home (MH):

  • Communities
  • Producers
  • Suppliers
  • Lenders and Financial Services
  • Retailers
  • Transporting and Installation
  • Professional Services and more

all in one trade association.

The proof is found in the results vs. the claims of MHI.  For all the bluster and what one ex-MHI member called their ‘Razzle Dazzle’ at appealing getaway spots, the declining sales of HUD Code manufactured housing for two straight months is all the evidence needed that MHI is at its core ineffective at best.  The report hot-linked via the box below can be read later for greater depth of understanding of this issue.

 

“Pants on Fire” – Latest New Manufactured Housing Shipment Report

 

As fabled author Adam Smith said in the Wealth of Nations,People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” Merely readingantitrust guidelines at an MHI meeting doesn’t automatically mean that monopolistic activity isn’t at play. When a high-profile congressional representative (see further below) and others in Congress raised that very concern about monopoly, why haven’t others in manufactured housing trade media done the same, save MHProNews?

 

The Elephant in the Room 

It was almost funny when some years ago when a now-former MHI leader said at one of their meetings that the ‘elephant in the room’ was Danny Ghorbani and MHARR. That’s a tip of the hat to the outsized-shadow they’ve cast, but the obvious actual elephant in the room is Clayton Homes, and the array of Berkshire Hathaway brands working in manufactured housing.

There is one kind of value to having Berkshire in manufactured housing, but it arguably already existed with Sam Zell of Equity LifeStyle Properties (ELS) fame and is limited to this next point.

Warren Buffett has given his seal of approval on the common sense value of manufactured housing.

But beyond that, there has been years of “consolidation” of manufactured housing production, retail, lending, supply, and more in our industry ever since Buffett-led Berkshire Hathaway entered our industry.

Our HUD Code manufactured home industry’s sales have overall declined – not rose – since Clayton and Oakwood were acquired by Berkshire.

 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

See related report, linked here.

 

There are a variety of reasons why the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) has argued that there must be one or more new post-production trade groups. We’ll refer readers to MHARR’s report, when they declined expanding to compete with MHI, because they believe that the industry should be more like housing, automotive or other industries with a myriad of representative bodies.  That is a natural way of blocking conflicts of interest that are arguably evident at MHI.

 

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

 

It should be noted that the Manufactured Housing Improvement Act of 2000 (MHIA) was achieved when MHARR, MHI and state association came together on areas of mutual interest.  But that is different than unity under one umbrella, which has demonstrably resulted in far lower shipment levels than existed in the late 1990s.

Kevin Clayton has been in the mainstream news several times in recent weeks, since the MHProNews exclusive in the hot-linked box below was published.

GIGO, Esther Sullivan, Clayton Homes, Boston Globe, GSMOL on ‘Manufactured Insecurity-Mobile Home Parks and Americans’ Tenuous Right to Place’

 

But the reality is that what could have been done in 2011 to promote the industry and growth – according to Kevin’s own statement in a friendly video interview – has been allowed to drag on until 2018.  For whatever reasons, there is no denying that what MHI and Clayton have done in the last two years has had no appreciable change in the modest growth the industry has had, especially when compared to the strong growth of the RV industry.

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews600

RVsshipmentsTrailedMH1998WinnebagoDailyBusinessNewsMHProNews

So while

  • MHI’s Lesli Gooch has defended Clayton/Berkshire against charges of monopolizing the industry in a response to Doug Ryan at Prosperity Now, or
  • Clayton Homes has denied to local, regional, and national media the varied allegations against them,

there is also no denying that the claims keep popping up. In fact, when MHProNews offers MHI or Knoxville’s brands the opportunity to respond to reports like this, they’ve passed.  Why, if they had a good defense, would they miss out on the opportunity?

It is arguably absurd that the elected leadership of MHI’s current and prior 2 chairman have had serious negative media coverage, and yet have been allowed to continue as chair.  What image does that give the outside world about manufactured housing, or MHI?

ManufacturedHousingInstituteMHIBoardofDirectors1242018DailyBusinessNewsMHProNews

It is also absurd that that all three of the current and prior chairs have clear and deep ties to Berkshire Hathaway.  The real elephant in the room is Clayton and the Berkshire brands. If they want to claim leadership of the industry – and MHI and Clayton repeatedly do so – then the results of the industry logically fall at their feet.

LouisianaManufacturedHousingAssociationOklahomaMHAOManufacturedHomeDailyBusinessNewsMHproNews

Louisiana is one of the top ten states for manufactured home shipments in recent years, per data collected by HUD and reported by MHARR. Clayton Homes has a serious presence in the state. Yet, sales are declining. Why???

And those results have been towards ever more consolidation of the industry in the hands of a few, including Clayton Homes and their sister companies involved in manufactured housing.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

One more point must be made. When the allegations of racism and other claims of financing malfeasance were lodged against Clayton and their related lenders – 21st Mortgage and Vanderbilt Mortgage and Finance – first surfaced, MHProNews and MHLivingNews leapt to their defense. Why?  Because we knew of no such examples, and asking some industry pros, they said similarly.

Lies, Advocacy Journalism and Statistics – Seattle Times/BuzzFeed Attacks, Warren Buffett’s Clayton Homes Defends – charges of Racism and Discrimination – Critical Analysis

 

But as the claims have continued, and other facts emerged, we looked deeper.  Our understanding of the issues has matured, in part with input from others in manufactured housing.  Unlike MHI or Clayton, which rarely wants to admit in public an error, our publisher has said ‘mea culpa’ several times, as we have pivoted to our clarified understanding.

 

ClaytonHomesSkylineChampionCavcoIndustriesMarketShareManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews-e1528746976415

With that tee up, we now show the video from the Clayton headquarters – the Knoxville metro’s own TV news media – is shown below.

 

 

Former Clayton Team Member Blows the Whistle on TV on Clayton Homes Business Practices

With that backdrop is this ongoing controversy about Clayton Homes and concerns over racism and unjust lending practices.

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Maxine Waters is among those who signed the letter that this local Knoxville TV news media report reflects.

ClaytonHomesSubsidiariesDiscriminateLowModerateIncomeMinorityBuyersHighCostLoansLeaveMaxineWatersCA-DClaytonlogo21stMortgageLogoVanderbiltMortgageLogo

One of several reasons to provide this to 2018 Knoxville TV news report to industry members at this time is that Waters will likely become the next chairperson for the important House Financial Services Committee.

 

CongressAsksDOJInvestigateClaytonHomesCreditTwitterWikipediaMHProNews

U.S. Representatives Maxine Waters (D-CA), Keith Ellison (D-MN), Emanuel Cleaver (D-MO), Mike Capuano (D-MA). Image credit, Twitter, Wikipedia.

 

Waters has called Clayton and Berkshire ‘near monopolies.’ That charge may take on new meaning in 2019. The Democrats have an anti-monopoly plank in their revised platform.

 

As the Daily Business News on MHProNews has previously documented, there are voices across the left-right divide that are seeing the challenges to small and independent businesses from monopolies.

Monopolies and growing consolidation over time causes ripples in costs to consumers, and for employment opportunities and thus wages too.

Some will act out of habit and ‘stroke the check’ to renew their MHI membership.

Others will feel compelled for reasons that sources say are akin to RICO related concerns.

For those who don’t want to be part of feeding the hand that bites them, this is a good time to step back and decide to cancel membership in Berkshire dominated MHI, and explore other options.

To learn more, see the related reports, and click on the hot-linked boxes further below.

Finally, it should be noted that Berkshire vice-chairman, and longtime Warren Buffet partner, Charlie Munger has said on camera that he doesn’t doubt that some wrongdoing has occurred.

 

 

While denying the thrust of the anti-Clayton claims, Warren Buffett has said similarly to what Munger has said.

It’s a complex puzzle.  But MHProNews is committed to providing the facts that unravel the fog in a way that no others in MH trade media will give you.  That way, you can make more informed decisions to operate your business.

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as tips, strategies, and opportunities.

We Provide, You Decide.” © ## (News, analysis, and commentary.)

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(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Related Reports: Click the Boxes Below to Read More…

Center for Public Integrity – Stunning Clayton Homes-Warren Buffett-Berkshire Hathaway Manufactured Home Lending Truth Outs

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

Manufactured Housing – MHVille, It’s Not a Matter Open to Interpretation

Housing Choice, Where Modular, Manufactured, Tiny, Conventional Housing Crisis, MHI and MHARR Intersect

Crisis of Misinformation, Fact Checks, and Manufactured Housing

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant

#$2Trillion U.S. GDP Growth via Affordable Housing Plan Few Discuss – Introducing #YimbyVictory2020

 

 

 

 

Annual Home Gains Slow, per S&P CoreLogic Case-Shiller – Manufactured Housing‘s Missing Mantra

November 27th, 2018 Comments off

AnnualHomeGainsSlowPerS&PCoreLogicCaseSchillerIndexSept2018ManufacturedHousingMissingMantraDailyBusinessNewsMHProNews

Reminder.  A “mantra” is a refrain, a chant, a repetition of some important point.  The reminder of the need for a mantra is ever-timely for manufactured housing professionals who understand the value of grasping reality globally, but then Acting Robustly Locally.

 

In a new release to the Daily Business News on MHProNews, “S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for September 2018 shows that the rate of home price increases across the U.S. slowed for the second month in a row. More than 27 years of history for these data series is available,” they said.

 

YEAR-OVER-YEAR

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in September, down from 5.7% in the previous month. The 10- City Composite annual increase came in at 4.8%, down from 5.2% in the previous month. The 20-City Composite posted a 5.1% year-over-year gain, down from 5.5% in the previous month,” per their release.

SPCoreLogicCaseSchillerUSNationHomePriceNSAIndexDailyBusinessNewsMHProNews

 

Las Vegas, San Francisco and Seattle reported the highest year-over-year gains among the [top tracked] 20 cities. In September, Las Vegas led the way with a 13.5% year-over-year price increase, followed by San Francisco with a 9.9% increase and Seattle with an 8.4% increase. Four of the 20 cities reported greater price increases in the year ending September 2018 versus the year ending August 2018,” according to their statement to MHProNews.

MHProNews has for some years provided a mix of factory-built housing, as well as broader housing data.  There is no other trade media in our industry’s history that provides a broader or deeper mix of such data for the industry’s professionals.

 

CaseyMackLegacyHousingManufacturedTinyHomesKudosMHProNews

 

Per our readers, it is part of why industry readers flock by the thousands daily, which given our industry’s avoidably modest size, arguably reflects the deepest penetration of readers in all of manufactured housing.

 

HowardWalkerEmergenceOfTonyKovachsPublicationsProfessionalsFilledVacuumDailyBusinessNewsMHProNews

 

As 2018 winds to its close – and MHVille industry owners, leaders, and professionals are planning for 2019 – the mantra for realistic-yet-big thinkers should be this.  Housing data tells us that manufactured housing could be selling hundreds of thousands of new homes annually. Instead, under the claimed leadership of Arlington, Knoxville and Omaha – manufactured homes will close out 2018 with about 100,000 (+/-) shipments.

 

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as our news tips, strategies and profit making opportunities.

ManufacturedHousingVsTotalCompletedHomesLegacyHousingS1FilingIPODailyBusinessNewsMHProNews

Legacy clearly believes in the future of the business, because they are raising capital to expand their retail base.

 

How do the self-proclaimed leaders in MHVille, the Wizards of All Things MH, explain the difference between the industry’s potential, vs. its actual performance?

AvgPriceDifferenceConventionalHousingVsManufacturedHomesLegacyHousingLEGH-S1IPOFilingDailyBusinessNEwsMHProNews

To learn more, see the related reports, linked below.

YouHavetoThinkAnywaySoWhyNotThinkBigDonaldJTrumpBQManufacturedHOusingINdustryDailyBusinessNewsMHProNews573

The industry can achieve 500,000 to 1,000,000 + new HUD Code manufactured homes sustainably, given the current new housing demands. That’s a 5x to 10x increase. That should be the achievable goal of every independent industry professional.

That’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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Center for Public Integrity – Stunning Clayton Homes-Warren Buffett-Berkshire Hathaway Manufactured Home Lending Truth Outs

 

Are Flawed Policies Fostering Homelessness, Crime? What Happens When Affordable Housing, Including Manufactured Homes, Are Lacking

Builder Confidence Drops, Post Midterms, Affordability Concerns Rise

 

Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!”

 

 

 

 

16 Tons, and MH Whistleblowers

November 19th, 2018 Comments off

16TonsMHWhisltblowersDailyBusinessNewsMHProNews

We’ve entered a new era.

 

But in some ways, it’s a throwback to decades ago, when thousands of workers resembled the message of the classic song, “16 Tons.”

There was a time after slavery ended in the U.S. when workers in various markets – including, but not limited to those in mining – were essentially trapped in ‘company towns.’ You made just enough to keep a roof over your head, basic food, and clothing.

It was the ultimate monopoly. For those who think that a monopoly is no big deal, imagine what America would look like in 10 years if the monopolists won.

CompanyStoreDefinedDailyBusinessNewsMHProNews

SmallbusinessFactsSBADailyBusinessNEwsMHProNews

According to Genius, here below are the lyrics to the classic Tennessee Ernie Ford son, which are also shown on screen in the video, posted below.  It was wildly popular in that era, and offers lessons to those who ponder its meaning today too.  You can play the video to hear the music and song, as you read the lyrics.

16 Tons

 

[Verse 1]
Some people say a man is made outta mud
A poor man’s made outta muscle and blood
Muscle and blood and skin and bones
A mind that’s a weak and a back that’s strong

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store

[Verse 2]
I was born one mornin’ when the sun didn’t shine
I picked up my shovel and I walked to the mine
I loaded sixteen tons of number nine coal
And the straw boss said “Well, a-bless my soul”

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store

[Verse 3]
I was born one mornin’, it was drizzlin’ rain
Fightin’ and Trouble are my middle name
I was raised in the canebrake by an ol’ mama lion
Cain’t no-a high-toned woman make me walk the line

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store

[Verse 4]

If you see me comin’, better step aside

A lotta men didn’t, a lotta men died

One fist of iron, the other of steel

If the right one don’t a-get you, then the left one will

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store

 

 

There was also the era of the “Robber Barons,” which were eventually broken up by antitrust action.

It’s not always as easy to see, but a more complex form of those phenomenon arguably has begun, and is developing today. That emerging trend impacts manufactured housing.

 

RobberBaronsBigTechManufacturedHousingLATimesNewYorkPostDailyBusinessNewsMHProNews

It impacts the vast majority in our industry, including those who work for a conglomerates brands in manufactured housing.  Who says?  Among others, sources within those MH brands.  ICYMI, or need a refresher, you can later read the reports linked from this article for more insights and details.

 

Former Clayton Homes Team, Employees Speak Out – Mainstream Media, Trade Media Reports

 

It’s from deep, well placed Clayton Homes contacts that the stories above and below developed.

 

Clayton Homes and 21st Mortgage’s Manufactured Housing “Spies”

 

It was sources inside and deep within, Cavco, as pros well long standing ties to Cavco Industries, that helped round out and develop the report linked below, along with others from that same post.

 

Hedge Fund’s Cavco Move, and More from Inside MHVille

 

Sources within and tied to MHI have provided MHProNews with insights that have proven useful to thousands of industry readers who’ve wondered, when is manufactured housing actually going to return to something more like the shipment levels of the industry’s glory days?

 

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

Insider tips, whistleblowers, and just savvy sources are among those who’ve helped transition the manufactured home industry’s top trade media on the Daily Business News on MHProNews into our industry’s trade media unrivaled leader.  Men and women, workers and leaders from operations of all sizes logon daily by the thousands.

And our third-party traffic logs reveal that for a modest industry, our market penetration is likewise unrivaled. This requires team work.

 

Whistleblowing, Tips and More – Becoming a MH Citizen Journalistic News Source

It’s your industry, and your country. Sound off via:

  • on or off the record news tips
  • expert insights,
  • anonymous document drops,
  • Whistleblowing,
  • and more.
ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

Notice:

As a rule, we’re not interested in people’s private lives, unless it directly relates to or somehow impacts an operation, consumers, or the profession in some bright line fashion. For example, when a community manager or owner attempts to coerce sex from residents, that’s a federal fair housing violation, and may violate other civil rights. We’ve reported that as news, as in the example linked below.  But most private activities of professionals, no matter how embarrassing, isn’t what we’re interested in.   Hopefully that helps clarify the news worthy subject matter.

Feds Bring Charges Against Manufactured Home Community Owner

 

The nation and our manufactured home industry are in flux. News tips and feedback – on or off the record – and whistleblowing are part of how we interact with the industry, and that keeps savvy, honest professionals informed.

 

Help Us, Help You

One of our industry’s favorite tag lines, and it isn’t ours, is “Better Together” – because that captures the essence of what should ideally happen — mutual victories through joint efforts.

What ROC USA’s tag line expresses could be rephrased something like these two notions for the industry’s professionals.

  • Achieving Mutual Victories by Wisely Working Together.”
  • Together, Let’s Honestly Protect, Properly Educate and Promote the Proven Affordable Housing Solution, Today’s Manufactured Homes.”

We can’t do it alone, and thankfully, we have had useful support and insights for years.  There have always been willing clients and sponsors, who’ve routinely thanked us for results, along with expert, inside sources that gave us tips, news, documents, evidence, and comments.  Those in turn have helped spotlight the real problems that have held manufactured housing back from its potential.

If you don’t want to shop at the company store of the future, this is the time to step up to the plate. Some more recent examples of MHProNews stories that resulted from industry tips and sources are found below. We Provide, You Decide.”  © ## (News, analysis, and commentary.)

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here.

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2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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Manufactured Home Resident Group President Cautions Against MHAction, Surprising Background Reveal to Manufactured Housing Action

 

The Coming Breakup of Berkshire? MHI? Plus Sunday Headline Recap 10-14-2018 to 10-21-2018

October 21st, 2018 Comments off

ComingBreakupOfBerkshireHathawayLogoBrokenManufacturedHousingInstituteMHILogoBrokenDailyBusinessNewsManufacturedHousingIndustryMHProNews

Among the emails waiting this morning? Some pull quotes.

 

Tony, MHProNews keeps breaking the mold, and continues to redefine manufactured housing [industry trade] publishing. Everything else is boring by comparison.”

 

There’s opinions, and then there’s MHProNews. Love the documentation you provide with your articles. Keep it coming.”

 

The next two are part of longer messages…

 

“…MHARR. MHProNews. That’s it.”

After years in MHI, it just made me feel ill to read last night’s [Saturday’s] lead…”

There’s more, and along with cheers there are a few who jeer. That Saturday evening story, are among those linked further below. Beyond the feedback, thanks too for the latest news tips.

Let’s get down to this Sunday morning’s headline topic.

Freedom is never free. It always comes at a price.

Slavery has a price too.

Choose freedom.

Several months ago, we reported on what an independent told the Daily Business News on MHProNewsthey think they own us.”

There are forces that can break the stranglehold that in direct or oblique ways have artificially limited manufactured housing. The federal government is among them.

Whether you love, hate, or are non-pulsed by the 45th President of the United States (POTUS), there are clues that successful midterm – a red tide – could witness something special happening in MHVille.

We look at facts, evidence, and follow the money. We source across the left-right media divide.  It’s necessary to have a balanced view of reality.

That said, some Democrats – including Elizabeth Warren or Maxine Waters – talk about monopolies. But it remains to be seen if their words are like what Democrats that said about a decade ago who claimed that they supported a border wall. Or like when Bill Clinton said that the “era of big government is over.” 20 years later, that’s a laugh-line now, isn’t it?

There are Democratic politicos that verbally blast billionaires, while taking millions in PAC support from billionaire Democrats. It’s a charade, a con.  That’s not a slam on Democrat supporters. We’re independents for good reasons. The pay-for-play game is done by many to various degrees in D.C. in states or locally, not just Democrats.

But the question is, are the Dems’ leader talk of antitrust words only? After all, they had eight years under Barack Obama’s presidency. Antitrust is technically part of the executive branch’s authority. What did Democrats do to break up the giants?

Nada.

Zip.

Nothing.

While it is an executive branch function, those billionaires buy votes by funding the elections of candidates.  We’ve laid out the facts.  You hear about the libertarian leaning Koch brothers in the mainstream media. But most of the big billionaire donors are DemocratsThat’s just a fact. Then, compare the promises made vs. promises kept by the 44th and 45th presidents.  Look at the facts, the evidence – because it matters to your business.

MarketWatch ran a story about how the S&P 500’s CEOs are politically active.  They give often big donations, and some are very partisan ones. Don’t be afraid of politics, don’t avoid it, because the big boys are all in.

You better be in the water too.  Not necessarily with the dollars, but with information, and votes.

It’s Marty Lavin’s generic quote, but I’m paraphrasing it here.

Pay attention to what people say, but then examine how closely their actions match their words.  Also, follow the money. Follow the facts. Follow the evidence. Use your God-given common sense.

The Trump Administration has also been sharpening the tone against billionaire monopolistic firms. Jeff Bezos/Amazon, Google, and Facebook have drawn specific mention. But they are not alone.

But are there clues that Berkshire could get the trust-busting treatment in 2019 too?

We won’t say more than the obvious. President Donald J. Trump has plenty of reasons to do so.  The president has a long memory.  He knows Warren Buffett.  He knows George Soros.  Both Buffett and Soros have worked to undermine him and his presidency.  See yesterday’s red-hot report on how following the Buffett money-trail reveals how he has funded anti-manufactured home activist MHAction, linked further below.

 

Fear of Anti-Trust Goes Beyond Berkshire

There will be some in MHVille that would cheer a federal antitrust case.

But some, and I’m not talking here about Berkshire folks, some people simply fear change. So, what would the impact of antitrust actions against those noted above likely lead to in our industry?

There has never been a federal anti-monopoly action in manufactured housing to date. But recall this: “The breakup of the Bell System was mandated on January 8, 1982, by an agreed consent [based upon federal antitrust action]…AT&T was, at the time, the sole provider of telephone service throughout most” of the U.S., said Wikipedia.

That AT&T breakup in the 1980s may provide clues for manufactured housing, and other industries too.

Smaller companies in the AT&T trust-bust resulted in a surge of new technologies and competition. The same could well occur in manufactured housing too. After the federal AT&T case:

  • Telecom grew as a result.
  • Cellular developed.
  • The internet emerged.
  • Is there any of that you’d want reversed?

Who else in MHVille has reported that NY Stern Professor Scott Galloway says about how breaking up the monopolies will bring new oxygen into the system. No one, beyond this pro-industry, pro-consumer news site.  That’s arguably why we get strong readership and feedback, like those emails noted above.

Professor Galloway argues breaking up the big four in tech will revive the economy, not harm it.  He’s a tech expert. We’re just citing the expert’s view.

Consider the facts, evidence, and money.  Democrats –

  • by default or by design,
  • fostered through legislation and regulations,
  • bigger giants in lending,
  • giants that dominate in manufactured housing,
  • huge firms that dominate in tech, and beyond.
  • Democrats are the one-party monopoly rule, that’s a reality in several parts of the U.S. today.
  • Recall that Warren Buffett is a student of history. He loves to read such things.  Mr. Buffett applies the lessons of history.  Berkshire’s boss has also admitted that he expects others not to read, not to learn from history, and to be trapped by their own habits. Prove Buffett wrong daily, as thousands of others do, by reading MHProNews each day.
  • The history of Berkshire’s purportedly bad behavior is all the reason independents, thinking Democrats, and Republicans should vote for pro-Trump GOP candidates in the midterms.

It is enlightened self-interest. Pragmatic.

MHProNews has made it clear for months why we believe Team Trump’s performance to date merits more House and Senate seats. We said weeks ago what some mainstream media outlets are only now beginning to report.

That is? Despite over half a year of bluster about a so-called ‘blue wave,’ odds are the GOP expands control of the U.S. Senate. Barring some shocking to voters, a gain by the GOP in the Senate seems likely. We think it’s possible that the GOP could end up at or near 60 seats.  Every election comes down to voters voting.

The House of Representatives is a tougher call. Democrats have more money. Democrats have the bulk of the media megaphones. The candidates are less well known. But there are still data points, policy reasons, and a booming economy that should make us believe the GOP can hold the House.

Even some mainstream media pundits are beginning to say it too.

As political independents that read the tea leaves, we predicted in 2016 a Trump upset. Yes, we worked for it, and gladly so, because we thought then and now that POTUS Trump would be world’s better than a POTUS Hillary.  We said in 2016 that the GOP could – and did – hold the House and Senate.

MHI has all of their experts, resources, and lobbyists.  But MHI got it wrong about election 2016.  So, what else is new at their Arlington, VA HQ?

With about 21 months of President Trump’s track record.  The Trump Administration has proven to be promise keepers to the degree that Democrats have made possible.

If Dems win the House, the next two years will be gridlock and endless investigations of issues that will be as spurious as ‘Russia collusion’ proved to be. Recall we said about 18 months ago that there is no federal crime of collusion on what the Trump campaign was being accused of, and that was not our opinion, that was the view Harvard University’s Democratic legal wiz Alan Dershowitz.  There’s fluff that Democrats and their media allies use to whip up the less informed parts of their base.

POTUS Trump was an is an outsider, not a classic Republican, nor a Democrat. He’s pragmatic.  He’s funny, colorful, and on policy after policy, he’s just plain correct. Sure, there are tweets that stir controversy.  We can wonder about his personal life, but there is nothing there that comes close to what Bill Clinton did.

All those tweets and stuff just keeps the mainstream media from talking about issues that matter. Don’t follow the red herring. Follow the substance over the style, but let’s admit that the style is entertaining.

We’ve built numerous reports on MHLivingNews yesterday and in past weeks that could nudge some visitors towards the President’s agenda, all based upon facts and evidence.

We have detailed numerous fact-and-evidence based reports – just one linked here – on MHProNews of the tragic ways that Berkshire and their MHI tool purportedly took illicit advantage of thousands of manufactured home independents.

Make no mistake. Buffett’s funding of the Tides and through them, MHAction and others, is a sign of just how low they can go.  If they have done it to so many others, do you want to be the next – or even the last – one eaten?

Or do you want to hitch your boxcar onto arguably the best train that is moving, i.e., the Trump agenda and his GOP allies in the House and Senate?

We’ve been told in D.C. that our formal HUD, DOE et al comments letters are getting special attention.  More on that later.

Independents and homeowners alike have great reasons to vote for a pro-growth, de-regulatory moves of the Trump agenda. But antitrust is a countercurrent.  Attacking monopolies or oligopolies would mean using regulations that are already on the books. Antitrust action can be slowed or benefited by Congress.

So, every GOP vote is like voting against Berkshire and MHI.

Should Berkshire get the break-up treatment, don’t be surprised at the ways that MHI will be caught up in that maelstrom.  There are several ways we’ve shown in recent years that MHI has purportedly crossed the line.  They’ve never challenged it.

As independents, every Pro-Trump GOP Vote is like voting for freedom, more professional and more investment opportunities.

For residents and homeowners, a pro-GOP vote is how enhanced preemption, better lending, and other reforms get done that will raise their manufactured homes’ values.

MHI has been the arguable tool for Berkshire in MHVille for some years. The triangle between Arlington, VA based MHI – and their big brothers in Omaha and Knoxville – have been an unholy alliance for too long. Vote to change it.  That’s why a new association is underway, also one of the stories linked below.

As an FYI – if you know those who were specifically hurt financially by MHI, Clayton, 21st, et al, please have them send an email with ANTITRUST in the subject line.

16 days from now, the second phase of freedom from Omaha, Knoxville and Arlington could come. God bless America. God bless, inspire and guide all.  Thanks for checking in, and we’ll turn this over to Soheyla to finish what follows below.

LATonyKovachGoodBipartisanshipShouldalwaysBepredicatedBenefitallhonestindustrymembersnotslectfewquote

The comment above was said with respect to another recent topic, but relates to this issue too. FYI, the hot lined featured image above is different than the hotlink recent topic.

L. A. ‘Tony’ Kovach.

 

 

 

 

 

 

 

 

 

AmongOurSponsorsSundayMorningPhilRobertsonDuckDynastyClaytonHomesDailyBusinessNewsMHProNews

To learn more about business development or to advertise on the #1 site in MHVille among professionals and investors, click here.

 

What’s New on MHLivingNews

Affirmatively Furthering Fair Housing, a Novel Yet Proven Solution to the Affordable Housing Crisis That Will Create Opportunities, Based Upon Existing Laws

“I knew right from the beginning.” When President Trump, First Lady Melania, VP Pence Toured Manufactured Home Community

Manufactured Home Resident Group President Cautions Against MHAction, Surprising Background Reveal to Manufactured Housing Action

 

The Latest News from MHARR

 

HUD “Clarification” on Frost-Free IB Offers More Questions and Confusion Than Answers

HUD Will Not Finalize Proposed “Frost-Free” Interpretive Bulletin

 

What’s New on the Masthead

GIGO, Esther Sullivan, Clayton Homes, Boston Globe, GSMOL on ‘Manufactured Insecurity-Mobile Home Parks and Americans’ Tenuous Right to Place’

 

Headline News Week in Review on the Daily Business News on MHProNews

1DailyBusinessNewsLogoMHProNewsLogo-1

Saturday 10.20.2018

Expose! Why Has Warren Buffett/BH Funded Anti-MHC Activists, MHAction? Why Fund Attacks on ELS, Frank Rolfe, Blackstone Group?

Expose! Why Has Warren Buffett/BH Funded Anti-MHC Activists, MHAction? Why Fund Attacks on ELS, Frank Rolfe, Blackstone Group?

 

Friday 10.19.2018 

MarketWatch Reports Warren Buffett’s Midterm Campaign Contributions 

Nickel Plan Could Boost Economy, Says Moody’s, Black MAGA Housing Story, Plus MH Market Updates

Official Federal Housing and Construction Activity Report, Video

Official Federal Housing and Construction Activity Report, Video

While GSEs Play Footsy with MHI, Congressional Leadership Demands Answers on FHFA

While GSEs Play Footsy with MHI, Congressional Leadership Demands Answers on FHFA

 

Thursday 10.18.2018

Has POTUS Trump Signaled Major Financial System Change After Midterms? Plus, MH Market Updates

Metro Media News 7 Video Report Compares MODS to Lego, Belittles “Mobile Homes” 

“The Creepy Line” Video DocuDrama, Manufactured Housing – The Problem, Solution, and You

“The Creepy Line” Video DocuDrama, Manufactured Housing – The Problem, Solution, and You

Manufactured Housing Institute Shipment Data, FEMA, an Inside Look

Manufactured Housing Institute Shipment Data, FEMA, an Inside Look

 

Wednesday 10.17.2018 

10 Year Record for America, U.S. Named World’s Most Competitive Economy

10 Year Record for America, U.S. Named World’s Most Competitive Economy

Budget Cuts, Mick Mulvaney, and Manufactured Housing Market Updates

Manufactured Housing Institute (MHI), Women, #MeToo and Insider Information

Manufactured Housing Institute (MHI), Women, #MeToo and Insider Information

New National Manufactured Housing Association Makes Its Appeal to Industry Members

New National Manufactured Housing Association Makes Its Appeal to Industry Members

 

Tuesday 10.16.2018 

HUD Secretary Carson Visits North Carolina, POTUS to FL, Survey Hurricane Damage, Response Efforts, Federal Funds

Morgan Stanley, CNBC – Investors Want GOP Wave but Ponder Split Control of Congress, Plus MH Market Updates

Morgan Stanley, CNBC – Investors Want GOP Wave but Ponder Split Control of Congress, Plus MH Market Updates

Big Manufactured Home Community Operator, MH Owner Kid Rock, John James, Donald Trump Jr, and Debbie Stabenow

Big Manufactured Home Community Operator, MH Owner Kid Rock, John James, Donald Trump Jr, and Debbie Stabenow

“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

 

Monday 10.15.2018

Debts, Retail, Dollars, and the Manufactured Housing Industry Evening Market Report 

HUD Announces Post Disaster Assistance for Hurricane Recovery 

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

Celebrating Manufactured Housing! Protect, Educate, Promote, and “the Ground Floor”

Celebrating Manufactured Housing! Protect, Educate, Promote, and “the Ground Floor”

 

Sunday 10.14.2018

For Independents, Independent-Minded MH Professionals, and Freedom-Loving Investors Only, Sunday Headline News Recap 10-7 to 10.14.2018

For Independents, Independent-Minded MH Professionals, and Freedom-Loving Investors Only, Sunday Headline News Recap 10-7 to 10.14.2018

We do roughly 2 dozen stories a week between MHProNews and ManufacturedHomeLivingNews. That is roughly the same or more as all of the other trade publishers combined. We carefully selected each topic.  The evening market reports have evolved into a featured highlight, but has all of the market data wrapped around it.  No one else in MHVille does what we do.  Period. That’s why we have the largest audience, by far.  Our sincere thanks for that.

Speaking of thanks, our sources at Legacy Housing tell us that it rained an rained during their event, but they packed their seminars, there was lots of energy and hundreds – hundreds – of floors were sold. They are executed.  We thank them for the opportunity to serve during the last few months.

Back to curation.  Every topic has merit. We highlight some, but that is not to diminish others. We don’t want to weight a page down too much. That said, please take an a little more than an hour and watch the Creepy Line video, see our report and some teaser videos about it, linked above.  Once you’ve seen it, have your friends watch it too.

Then please ponder what Tony said above.

We take our publishing, consulting, marketing and other roles seriously.  When people trust you with their time, that means we are responsible for trying to get it right.  We strive to make sure that we focus on the issues that others can’t, don’t or won’t mention. Among the nicer comments from competitors is the one that said that we cover the stories that others talk about in bars and restaurants. There are nice people in our industry’s trade media. But we cover the reports that others who may be bought and paid for won’t touch.

There are still some professionals that tell us they’d rather not see anything political here on MHProNews. We understand and respect that view. But we disagree, and here’s why. Warren Buffett and his buddies are highly political. They debatably use politics to help get what they want for their businesses. Furthermore, placement issues are all about local or state politics.

Ignore political considerations at your own peril.

The manufactured housing industry is marching towards the midterms, now just over 3 weeks away. No one in manufactured housing even comes close to the kind of breadth of coverage for the issues that impact your business. Maybe that’s why we’re number 1. Our sincere thanks to readers like you, our business development clients and sponsors for making it so.

Together with honest people of good will, we can make our industry and our nation achieve its great potential. “We Provide, You Decide.” © ## (Sunday Morning, weekly headline news review, analysis, and commentary.)

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Biblical “Talents,” Words, Ideas, Evidence, and Practical Impact on Manufactured Housing, Sunday Morning Recap, MHProNews Headlines Aug 26 to Sept 2, 2018

Clayton’s Surprising Result – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 19 to Aug 26, 2018

Former President Barack Obama Says President Trump is “Symptom, Not the Cause,” plus MH Market Updates

September 7th, 2018 Comments off

CNNmoney9.7.2018ManufacturedHomeStocksMarketsReportsMHProNewsIt is no secret that the Daily Business News on MHProNews editorially opposed the policies of prior President Barack H. Obama, just as it is no secret that this industry-leading trade media favored the candidacy – and still robustly supports – the Presidency of Donald J. Trump.  But tonight’s spotlight feature is today’s speech by former President Obama. That’s balance, and it’s a frankly fascinating speech.  Why? Because it has several elements of truth, for those who take a discerning “wheat and chaff” approach.  That discernment, aligned with the facts, isn’t the message that the speaker may have wanted to convey, or what many of his listeners think they heard.  The full transcript of the former president’s speech, and a video highlight of the speech, is our evening featured report tonight, found further below.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Selected headlines and bullets from CNN Money:

  • NFL kickoff ratings fall again
  • The two-year Wells Fargo horror story just won’t end
  • Tesla in turmoil: Executives bail and stock plunges
  • Weed, whiskey, Tesla and a flamethrower: Elon Musk meets Joe Rogan
  • Deutsche Bank’s top investor is selling out
  • Dell, Cisco and others make a last-minute effort to avoid new China tariffs
  • Activist investor wants to replace entire Campbell Soup board
  • Op-ed fallout: The latest salvo in Trump’s love-hate relationship with the Times
  • Facebook employee with ties to Cambridge Analytica leaves company
  • What’s the best place for your money in the next five years?
  • The case for and against gender quotas
  • British Airways’ latest tech problem is a major credit card hack
  • Twitter bans Alex Jones and InfoWars
  • 20 cities, one year, and no second Amazon headquarters (yet)
  • Amazon is 20,000 vans closer to its own delivery fleet
  • Charlie Rose says accusers are ‘exploiting the #MeToo Movement’
  • Volkswagen speaks out against right-wing protests in Germany
  • It’s a bitcoin bloodbath
  • New York Times rivals react to explosive anonymous op-ed
  • Barnes & Noble is in big trouble in more than one way
  • A former Buddhist monk is trying to help the world relax with an app
  • IBM is betting big on blockchain technology. Is it worth the risk?
  • Lyft launches a scooter service, with Uber close behind
  • Hong Kong now has more super-rich people than any other city
  • Curbing carbon emissions could boost the economy way more than doing nothing
  • CBS is reportedly negotiating an exit for CEO Les Moonves
  • Amway co-founder Richard DeVos dies at 92
  • Facebook is spending $1 billion on its first data center in Asia
  • China’s ‘Amazon of services’ picks a tough time for its $4.4 billion IPO
  • Starbucks’ first store in Italy: Frappuccinos aren’t on the menu
  • Carlsberg is going to glue its beer cans together
  • PepsiCo is launching an accelerator program

Selected headlines and bullets from Fox Business:

  • Larry Kudlow: Dairy blocking trade deal with Canada
  • August jobs growth tops expectations, unemployment holds near 18-year low
  • Tesla shares hit amid executive departures
  • Stocks slide as Trump signals more tariffs on China
  • ‘Papa John’ Schnatter: New CEO orchestrated racism scandal
  • Employers struggle to fill jobs paying $75,000 a year with benefits, pension
  • Ex-NBA star Kevin Garnett sues accountant over $77M in losses
  • Elon Musk smokes marijuana during podcast
  • This is how Texas plans to kill ObamaCare
  • Does Tesla’s Elon Musk have a responsibility to be a good role model?
  • Thousands of flooded cars are refurbished and sold: Here’s how to avoid that trap
  • Amazon orders 20,000 Mercedes vans for deliveries
  • The fuzzy math behind California’s renewable energy push
  • NFL thriving despite Colin Kaepernick: Tiki Barber
  • What aerial photos can tell us about Tesla sales
  • ‘Strong’ jobs report reinforces future rate hikes: Dallas Fed’s Kaplan
  • Here are this year’s top 10 startups according to LinkedIn
  • Equifax data breach: How consumers have responded one year later
  • ‘Run for the Cure’: Susan G. Komen CEO Linda Tantawi
  • Americans should consider retiring in these countries
  • 4 tips on making the most money selling your home
  • The pitfalls of early retirement that no one is telling you
  • Continue to Personal Finance
  • Tesla shares hit amid executive departures
  • Elon Musk smokes marijuana during podcast
  • Football and investing: what they have in common
  • Amway founder and Magic owner Richard DeVos dies at age 92
  • Eye in the Tesla sky: What aerial photos say about Elon Musk’s sales
  • Regulatory environment’s impact on Uber
  • How Stumpy’s turned hatchet-throwing into a fast-growing business
  • America’s Best 401(k) adds Salesforce CEO, M13 founder to board of directors

 

Today’s markets and stocks, at the closing bell…

YahooFinanceManufacturedHousingCompValue9.7.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews 

Manufactured Housing Composite Value (MHCV)

9MarketIndicatorsYahooFinance9.7.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

FormerPresidentBarackObamaPresidentTrumpSymptonNotCausePlusMHMarketUpdates

The Daily Mail provided the video, and USA Today get’s credit for obtaining a transcript from former President Barack Hussein Obama’s speech delivered today at the University of Illinois at Urbana Champaign.

The occasion?  The former president accepted an “ethics in government” award.  The irony is thick, because as we’ve previously documented, Mr. Obama promised many times during 2008 things that were demonstrably false.

Before proceeding, let’s stress an objective reality.  Presidents from both major parties going back for several decades have said things that proved to be untrue.  That isn’t a Democratic or a Republican reality, it is a political reality that applies to members of both major parties at all levels of local, state, and national government.

With specific respect to Mr. Obama, for example, “If you like your doctor, you can keep your doctor,” “if you like your health plan, you can keep your health plan.  Or promising Americans would save money due to the passage of what would later be called ObamaCare.

But that was all a lie.  Who said?  Mr. Obama’s own architect of ObamaCare, Jonathan Grubber of MIT.

 

President Obama promised transparency during his term in office.  But instead, he delivered in many ways the opposite of that promise. That example of ObamaCare above is just one of several possible instances. Thomas Sowell said in advance that Mr. Obama’s plan would fail to save money, and he explained why in the words below.

Thomas Sowell, Ph.D. Economist, Thinker,

Collage credit, Wikipedia and MHProNews.com.

The 44th president also promised to heal the racial divide, but many – including many blacks and minorities – believe he made racial divisions worse in the U.S.

Mr. Obama railed today against the wealthy and powerful, but he would never have become president without the support of left-wing supporting billionaires. That included, but wasn’t limited to, Warren Buffett, who is chairman of Berkshire Hathaway, parent company of Clayton Homes, 21st Mortgage, and other manufactured housing brands.  It is worth linking an article from earlier today connected to those companies.

Clayton Homes and 21st Mortgage’s Manufactured Housing “Spies”

Mr. Obama got support from other billionaires, including George Soros, Tom Steyer, Bill Gates and the list goes on.  Those too are important, and the first two are linked in the article found below.

Follow the Money – Surprising, Inconvenient Truths Impact Manufactured Housing, U.S. Economy, and More

That’s tied to a heated contest in the #3 state in manufactured housing sales, Florida, which faces what other pundits are also calling an epic face-off, that could define that state and the direction of the U.S. for years to come.

Epic Battle for MHVille Mainstay Looms, With “Not the Most Popular Guy” and His Rival

Referring to President Trump, Mr. Obama said that he was “the symptom, not the cause” of division and polarization in the U.S.  That’s a demonstrably true statement, but that doesn’t mean what it may seem to mean on the surface. How so? Because the policies that President of the United States (POTUS), Donald J. Trump is promoting were similar to those of other candidates before him, like pundit and author, Pat Buchanan, or former Senator Rick Santorum, among others. Rush Limbaugh has said something quiet similar to this comment by former President Obama, when the talk radio star said that Mr. Trump didn’t create the coalition, rather, he stepped in and filled a void among a coalition that already existed.

There is more that could be said, but it is Friday evening.  Let the video and President Obama have their say, but evaluate those words critically, not just accepting them on face value.

The rich that Mr. Obama is railing against at times not only put him in office, but they are making him wealthy after his term in office, just as former President Bill Clinton became wealthy after he left office.

Because if you do, you’ll find that in some ways, the facts reflect that Mr. Obama is describing himself, and his backers. Ouch, sad, but true. With no further adieu, here’s the video and transcript, followed by a link to President Trump’s speech in Montana last night.

 

USA Today provided a transcript of the speech, as provided by former President Barack Obama’s office.

 

Here is a transcript of Obama’s speech as provided by his office:

President Obama: Hey! Hello, Illinois! I-L-L!

AUDIENCE: I-L-L!

PRESIDENT OBAMA: I-L-L!

AUDIENCE: I-L-L!

PRESIDENT OBAMA:I-L-L!

AUDIENCE: I-L-L!

PRESIDENT OBAMA: Okay, okay. Just checking to see if you’re awake. Please have a seat, everybody. It is good to be home. It’s good to see corn.

PRESIDENT OBAMA: Beans. I was trying to explain to somebody as we were flying in, that’s corn. That’s beans. And they were very impressed at my agricultural knowledge. Please give it up for Amaury once again for that outstanding introduction. I have a bunch of good friends here today, including somebody who I served with, who is one of the finest senators in the country, and we’re lucky to have him, your Senator, Dick Durbin is here. I also noticed, by the way, former Governor Edgar here, who I haven’t seen in a long time, and somehow he has not aged and I have. And it’s great to see you, Governor. I want to thank President Killeen and everybody at the U of I System for making it possible for me to be here today. And I am deeply honored at the Paul Douglas Award that is being given to me. He is somebody who set the path for so much outstanding public service here in Illinois.

Now, I want to start by addressing the elephant in the room. I know people are still wondering why I didn’t speak at the commencement.

The student body president sent a very thoughtful invitation. The students made a spiffy video. And when I declined, I hear there was speculation that I was boycotting campus until Antonio’s Pizza reopened.

So I want to be clear. I did not take sides in that late-night food debate. The truth is, after eight years in the White House, I needed to spend some time one-on-one with Michelle if I wanted to stay married.

And she says hello, by the way. I also wanted to spend some quality time with my daughters, who were suddenly young women on their way out the door. And I should add, by the way, now that I have a daughter in college, I can tell all the students here, your parents suffer.

They cry privately. It is brutal. So please call. Send a text.

We need to hear from you, just a little something. And truth was, I was also intent on following a wise American tradition. Of ex-presidents gracefully exiting the politicalstage, making room for new voices and new ideas. And we have our first president, George Washington, to thank for setting that example. After he led the colonies to victory as General Washington, there were no constraints on him really, he was practically a god to those who had followed him into battle.

There was no Constitution, there were no democratic norms that guided what he should or could do. And he could have made himself all-powerful, he could have made himself potentially President for life. And instead he resigned a sCommander-in-Chief and moved back to his country estate. Six years later, he was elected President. But after two terms, he resigned again, and rode off into the sunset. The point Washington made, the point that is essential to American democracy, is that in a government of and by and for the people, there should be no permanent ruling class. There are only citizens, who through their elected and temporary representatives, determine our course and determine our character.

I’m here today because this is one of those pivotal moments when every one of us, as citizens of the United States, need to determine just who it is that we are, just what it is that we stand for. And as a fellow citizen, not as an ex-president, but as a fellow citizen, I am here to deliver a simple message, and that is that you need to vote because our democracy depends on it.

Now, some of you may think I’m exaggerating when I say this November’s electionsare more important than any I can remember in my lifetime. I know politicians say that all the time. I have been guilty of saying it a few times, particularly when I was on the ballot.

But just a glance at recent headlines should tell you that this moment really is different.The stakes really are higher. The consequences of any of us sitting on the sidelines are more dire. And it’s not as if we haven’t had big elections before or big choices to make in our history. The fact is, democracy has never been easy, and our founding fathers argued about everything. We waged a civil war. We overcame depression. We’ve lurched from eras of great progressive change to periods of retrenchment. Still, most Americans alive today, certainly the students who are here, have operated under some common assumptions about who we are and what we stand for.

Out of the turmoil of the industrial revolution and the Great Depression, America adapted a new economy, a 20th century economy – guiding our free market with regulations to protect health and safety and fair competition, empowering workers with union movements; investing in science and infrastructure and educational institutions like U of I; strengthening our system of primary and secondary education, and stitching together asocial safety net. And all of this led to unrivaled prosperity and the rise of a broad and deep middleclass in the sense that if you worked hard, you could climb the ladder of success.

And not everyone was included in this prosperity. There was a lot more work to do. And so in response to the stain of slavery and segregation and the reality of racial discrimination, the civil rights movement not only opened new doors for African-Americans, it also opened up the floodgates of opportunity for women and Americans with disabilities and LGBT Americans and others to make their own claims to full and equal citizenship. And although discrimination remained a pernicious force in our society and continues to this day, and although there are controversies about how to best ensure genuine equality of opportunity, there’s been at least rough agreement among the overwhelming majority of Americans that our country is strongest when everybody’s treated fairly, when people are judged on the merits and the content of their character, and not the color of their skin or the way in which they worship God or their last names. And that consensus then extended beyond our borders. And from the wreckage of World War II, we built a postwar web, architecture, system of alliances and institutions to underwrite freedom and oppose Soviet totalitarianism and to help poorer countries develop.

This American leadership across the globe wasn’t perfect. We made mistakes. At times we lost sight of our ideals. We had fierce arguments about Vietnam, and we had fierce arguments about Iraq. But thanks to our leadership, a bipartisan leadership, and the efforts of diplomats and Peace Corps volunteers, and most of all thanks to the constant sacrifices of our men and women in uniform, we not only reduced the prospects of war between the world’s great powers, we not only won the Cold War, we helped spread a commitment to certain values and principles, like the rule of law and human rights and democracy and the notion of the inherent dignity and worth of every individual. And even those countries that didn’t abide by those principles were still subject to shame and still had to at least give lip service for the idea. And that provided a lever toc ontinually improve the prospects for people around the world.

That’s the story of America, a story of progress. Fitful progress, incomplete progress, but progress. And that progress wasn’t achieved by just a handful of famous leaders making speeches. It was won because of countless quiet acts of heroism and dedication by citizens, by ordinary people, many of them not much older than you. It was won because rather than be bystanders to history, ordinary people fought and marched and mobilized and built and, yes, voted to make history.

Of course, there’s always been another darker aspect to America’s story. Progress doesn’t just move in a straight line. There’s a reason why progress hasn’t been easy and why throughout our history every two steps forward seems to sometimes produce one step back. Each time we painstakingly pull ourselves closer to our founding ideals, that all of us are created equal, endowed by our Creator with certain inalienable rights; the ideals that say every child should have opportunity and every man and woman in this country who’s willing to work hard should be able to find a job and support a family and pursue their small piece of the American Dream; our ideals that say we have a collective responsibility to care for the sick and the infirm, and we have a responsibility to conserve the amazing bounty, the natural resources of this country and of this planet for future generations, each time we’ve gotten closer to those ideals, somebody somewhere has pushed back. The status quo pushes back. Sometimes the backlash comes from people who are genuinely, if wrongly, fearful of change. More often it’s manufactured by the powerful and the privileged who want to keep us divided and keep us angry and keep us cynical because that helps them maintain the status quo and keep their power and keep their privilege. And you happen to be coming of age during one of those moments. It did not start with Donald Trump. He is a symptom, not the cause.

He’s just capitalizing on resentments that politicians have been fanning for years. A fear and anger that’s rooted in our past, but it’s also born out of the enormous upheavals that have taken place in your brief lifetimes.

And, by the way, it is brief. When I heard Amaury was eleven when I got elected, and now Amaury’s starting a company, that was yesterday. But think about it. You’ve come of age in a smaller, more connected world, where demographic shifts and the winds of change have scrambled not only traditional economic arrangements, but our social arrangements and our religious commitments and our civic institutions. Most of you don’t remember a time before 9/11, when you didn’t have to take off your shoes at an airport. Most of you don’t remember a time when America wasn’t at war, or when money and images and information could travel instantly around the globe, or when the climate wasn’t changing faster than our efforts to address it. This change has happened fast, faster than any time in human history. And it created a new economy that has unleashed incredible prosperity.

But it’s also upended people’s lives in profound ways. For those with unique skills or access to technology and capital, a global market has meant unprecedented wealth. For those not so lucky, for the factory worker, for the office worker, or even middle managers, those same forces may have wiped out your job, or at least put you in no position to ask for a raise. As wages slowed and inequality accelerated, those at the top of the economic pyramid have been able to influence government to skew things even more in their direction: cutting taxes on the wealthiest Americans, unwinding regulations and weakening worker protections, shrinking the safety net. So you have come of age during a time of growing inequality, of fracturing of economic opportunity. And that growing economic divide compounded other divisions in our country: regional, racial, religious, cultural. It made it harder to build consensus on issues. It made politicians less willing to compromise, which increased gridlock, which made people even more cynical about politics.

And then the reckless behavior of financial elites triggered a massive financial crisis, ten years ago this week, a crisis that resulted in the worst recession in any of our lifetimes and caused years of hardship for the American people, for many of your parents, for many of your families. Most of you weren’t old enough to fully focus on what was going on at the time, but when I came into office in 2009, we were losing 800,000 jobs a month. 800,000. Millions of people
were losing their homes. Many were worried we were entering into a second Great Depression. So we worked hard to end that crisis, but also to break some of these longer term trends. And the actions we took during that crisis returned the economy to healthy growth and initiated the longest streak of job creation on record. And we covered another 20 million Americans with health insurance and we cut our deficits by more than half, partly by making sure that people like me, who have been given such amazing opportunities by this country, pay our fair share of taxes to help folks coming up behind me.

And by the time I left office, household income was near its all-time high and the uninsured rate had hit an all-time low and wages were rising and poverty rates were falling. I mention all this just so when you hear how great the economy’s doing right now, let’s just remember when this recovery started.

I mean, I’m glad it’s continued, but when you hear about this economic miracle that’s been going on, when the job numbers come out, monthly job numbers, suddenly Republicans are saying it’s a miracle. I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016.

Anyway, I digress. So we made progress, but — and this is the truth — my administration couldn’t reverse forty-year trends in only eight years, especially once Republicans took over the House of Representatives in and decided to block everything we did, even things they used to support.

So we pulled the economy out of crisis, but to this day, too many people who once felt solidly middle-class still feel very real and very personal economic insecurity. Even though we took out bin Laden and wound down the wars in Iraq and our combat role in Afghanistan, and got Iran to halt its nuclear program, the world’s still full of threats and disorder. That comes streaming through people’s televisions every single day. And these challenges get people worried. And it frays our civic trust. And it makes a lot of people feel like the fix is in and the game is rigged, and nobody’s looking out for them. Especially those communities outside our big urban centers.

And even though your generation is the most diverse in history, with a greater acceptance and celebration of our differences than ever before, those are the kinds of conditions that are ripe for exploitation by politicians who have no compunction and no shame about tapping into America’s dark history of racial and ethnic and religious division

Appealing to tribe, appealing to fear, pitting one group against another, telling people that order and security will be restored if it weren’t for those who don’t look like us or don’t sound like us or don’t pray like we do, that’s an old playbook. It’s as old as time. And in a healthy democracy it doesn’t work. Our antibodies kick in, and people of goodwill from across the political spectrum callout the bigots and the fearmongers, and work to compromise and get things done and promote the better angels of our nature. But when there’s a vacuum in our democracy, when we don’t vote, when we take our basic rights and freedoms for granted, when we turn away and stop paying attention and stop engaging and stop believing and look for the newest diversion, the electronic versions of bread and circuses, then other voices fill the void. A politics of fear and resentment and retrenchment takes hold. And demagogues promise simple fixes to complex problems. They promise to fight for the little guy even as they cater to the wealthiest and the most powerful. They promise to clean up corruption and then plunder away. They start undermining norms that ensure accountability, try to change the rules to entrench their power further. And they appeal to racial nationalism that’s barely veiled, if veiled at all.

Sound familiar? Now, understand, this is not just a matter of Democrats versus Republicans or liberals versus conservatives. At various times in our history, this kind of politics has infected both parties. Southern Democrats were the bigger defenders of slavery. It took a Republican President, Abraham Lincoln, to end it. Dixiecrats filibustered anti-lynching legislation, opposed the idea of expanding civil rights, and although it was a Democratic President and a majority Democratic Congress, spurred on by young marchers and protestors, that got the Civil Rights Act and the Voting Rights Act over the finish line, those historic laws also got passed because of the leadership of Republicans like Illinois’ own Everett Dirksen.

So neither party has had a monopoly on wisdom, neither party has been exclusively responsible for us going backwards instead of forwards. But I have to say this because sometimes we hear, oh, a plague on both your houses. Over the past few decades, it wasn’t true when Jim Edgar was governor here in Illinois or Jim Thompson was governor. I’ve got a lot of good Republican friends here in Illinois. But over the past few decades, the politics of division, of resentment and paranoia has unfortunately found a home in the Republican Party.

This Congress has championed the unwinding of campaign finance laws to give billionaires outsized influence over our politics; systemically attacked voting rights to make it harder for the young people, the minorities, and the poor to vote.

Handed out tax cuts without regard to deficits. Slashed the safety net wherever it could. Cast dozens of votes to take away health insurance from ordinary Americans. Embraced wild conspiracy theories, like those surrounding Benghazi, or my birth certificate.

Rejected science, rejected facts on things like climate change. Embraced a rising absolutism from a willingness to default on America’s debt by not paying our bills, to a refusal to even meet, much less consider, a qualified nominee for the Supreme Court because he happened to be nominated by a Democratic President. None of this is conservative. I don’t mean to pretend I’m channeling Abraham Lincoln now, but that’s not what he had in mind, I think, when he helped form the Republican Party.

It’s not conservative. It sure isn’t normal. It’s radical. It’s a vision that says the protection of our power and those who back us is all that matters, even when it hurts the country. It’s a vision that says the few who can afford a high-priced lobbyist and unlimited campaign contributions set the agenda. And over the past two years, this vision is now nearing its logical conclusion.

So that with Republicans in control of Congress and the White House, without any checks or balances whatsoever, they’ve provided another $. trillion in tax cuts to people like me who, I promise, don’t need it, and don’t even pretend to pay for them. It’s supposed to be the party, supposedly, of fiscal conservatism. Suddenly deficits do not matter, even though, just two years ago, when the deficit was lower, they said, I couldn’t afford to help working families or seniors on Medicare because the deficit was an existential crisis. What changed? What changed? They’re subsidizing corporate polluters with taxpayer dollars, allowing dishonest lenders to take advantage of veterans and students and consumers again. They’ve made it so that the only nation on earth to pull out of the global climate agreement, it’s not North Korea, it’s not Syria, it’s not Russia or Saudi Arabia. It’s us. The only country.There are a lot of countries in the world.

We’re the only ones.

They’re undermining our alliances, cozying up to Russia. What happened to the Republican Party? Its central organizing principle in foreign policy was the fight against Communism, and now they’re cozying up to the former head of the KGB, actively blocking legislation that would defend our elections from Russian attack. What happened? Their sabotage of the Affordable Care Act has already cost more than three million Americans their health insurance. And if they’re still in power next fall, you’d better believe they’re coming at it again. They’ve said so. In a healthy democracy, there’s some checks and balances on this kind of behavior, this kind of inconsistency, but right now there’s none. Republicans who know better in Congress — and they’re there, they’re quoted saying, Yeah, we know this is kind of crazy –are still bending over backwards to shield this behavior from scrutiny or accountability or consequence. Seem utterly unwilling to find the backbone to safeguard the institutions that make our democracy work.

And, by the way, the claim that everything will turn out okay because there are people inside the White House who secretly aren’t following the President’s orders, that is not a check — I’m being serious here — that’s not how our democracy is supposed to work.

These people aren’t elected. They’re not accountable.T hey’re not doing us a service by actively promoting 90 percent of the crazy stuff that’s coming out of this White House and then saying, Don’t worry, we’re preventing the other 10 percent. That’s not how things are supposed to work. This is not normal.

These are extraordinary times. And they’re dangerous times. But here’s the good news. In two months we have the chance, not the certainty but the chance, to restore some semblance of sanity to our politics.

Because there is actually only on real check on bad policy and abuses of power, and that’s you. You and your vote. Look, Americans will always have disagreements on policy. This is a big country, it is a raucous country. People have different points of view. I happen to be a Democrat. I support Democratic candidates. I believe our policies are better and that we have a bigger, bolder vision of opportunity and equality and justice and inclusive democracy. We know there are a lot of jobs young people aren’t getting a chance to occupy or aren’t getting paid enough or aren’t getting benefits like insurance. It’s harder for young people to save for a rainy day, let alone retirement. So Democrats aren’t just running on good old ideas like a higher minimum wage, they’re running on good new ideas like Medicare for all, giving workers seats on corporate boards, reversing the most egregious corporate tax cuts to make sure college students graduate debt-free.

We know that people are tired of toxic corruption, and that democracy depends on transparency and accountability. So Democrats aren’t just running on good old ideas like requiring presidential candidates to release their tax returns, and barring lobbyists from making campaign contributions, but on good new ideas like barring lobbyists from getting paid by foreign governments. We know that climate change isn’t just coming. It is here. So Democrats aren’t just running on good old ideas like increasing gas mileage in our cars — which I did and which Republicans are trying to reverse — but on good new ideas like putting a price on carbon pollution. We know that in a smaller, more connected world, we can’t just put technology back in a box, we can’t just put walls up all around America. Walls don’t keep out threats like terrorism or disease – and that’s why we propose leading our alliances and helping other countries develop, and pushing back against tyrants. And Democrats talk about reforming our immigration so, yes, it is orderly and it is fair and it is legal, but it continues to welcome strivers and dreamers from all around the world. That’s why I’m a Democrat, that’s the set of ideas that I believe in. Oh, I am here to tell you that even if you don’t agree with me or Democrats on policy, even if you believe in more Libertarian economic theories, even if you are an evangelical and our position on certain social issues is a bridge too far, even if you think my assessment of immigration is mistaken and that Democrats aren’t serious enough about immigration enforcement, I’m here to tell you that you should still be concerned with our current course and should still want to see a restoration of honesty and decency and lawfulness in our government.

It should not be Democratic or Republican, it should not be a partisan issue to say that we do not pressure the Attorney General or the FBI to use the criminal justice system as a cudgel to punish our political opponents.

Or to explicitly call on the Attorney General to protect members of our own party from prosecution because an election happens to be coming up. I’m not making that up. That’s not hypothetical. It shouldn’t be Democratic or Republican to say that we don’t threaten the freedom of the press because – they say things or publish stories we don’t like.

I complained plenty about Fox News – but you never heard me threaten to shut them down, or call them enemies of the people. It shouldn’t be Democratic or Republican to say we don’t target certain groups of people based on what they look like or how they pray. We are Americans. We’re supposed to standup to bullies.

Not follow them.

We’re supposed to stand up to discrimination. And we’re sure as heck supposed to stand up, clearly and unequivocally, to Nazi sympathizers.

How hard can that be? Saying that Nazis are bad. I’ll be honest, sometimes I get into arguments with progressive friends about what the current political movement requires. There are well-meaning folks passionate about social justice, who think things have gotten so bad, the lines have been so starkly drawn, that we have to fight fire with fire, we have to do the same things to the Republicans that they do to us, adopt their tactics, say whatever works, make up stuff about the other side. I don’t agree with that. It’s not because I’m soft. It’s not because I’m interested in promoting an empty bipartisanship. I don’t agree with it because eroding our civic institutions and our civic trust and making people angrier and yelling at each other and making people cynical about government, that always works better for those who don’t believe in the power of collective action.

You don’t need an effective government or a robust press or reasoned debate to work when all you’re concerned about is maintaining power. In fact, the more cynical people are about government and the angrier and more dispirited they are about the prospects for change, the more likely the powerful are able to maintain their power. But we believe that in order to move this country forward, to actually solve problems and make people’s lives better, we need a well-functioning government, we need our civic institutions to work. We need cooperation among people of different political persuasions. And to make that work, we have to restore our faith in democracy. We have to bring people together, not tear them apart. We need majorities in Congress and state legislatures who are serious about governing and want to bring about real change and improvements in people’s lives.

And we won’t win people over by calling them names, or dismissing entire chunks of the country as racist, or sexist, or homophobic. When I say bring people together, I mean all of our people. You know, this whole notion that has sprung up recently about Democrats need to choose between trying to appeal to the white working class voters, or voters of color, and women and LGBT Americans, that’s nonsense. I don’t buy that. I got votes from every demographic. We won by reaching out to everybody and competing everywhere and by fighting for every vote.

And that’s what we’ve got to do in this election and every election after that.

And we can’t do that if we immediately disregard what others have to say from the start because they’re not like us, because they’re not — because they’re white or they’re black or they’re men or women, or they’re gay or they’re straight; if we think that somehow there’s no way they can understand how I’m feeling, and therefore don’t have any standing to speak on certain matters because we’re only defined by certain characteristics.

That doesn’t work if you want a healthy democracy. We can’t do that if we traffic in absolutes when it comes to policy. You know, to make democracy work we have to be able to get inside the reality of people who are different, have different experiences, come from different backgrounds. We have to engage them even when it is frustrating; we have to listen to them even when we don’t like what they have to say; we have to hope that we can change their minds and we have to remain open to them changing ours.

And that doesn’t mean, by the way, abandoning our principles or caving to bad policy in the interests of maintaining some phony version of  “civility.” That seems to be, by the way, the definition of civility offered by too many Republicans: We will be polite as long as we get a hundred percent of what we want and you don’t callus out on the various ways that we’re sticking it to people. And we’ll click our tongues and issue vague statements of disappointment when the President does something outrageous, but we won’t actually do anything about it. That’s not civility. That’s abdicating your responsibilities.

But again I digress. Making democracy work means holding on to our principles, having clarity about our principles, and then having the confidence to get in the arena and have a serious debate. And it also means appreciating that progress does not happen all at once, but when you put your shoulder to the wheel, if you’re willing to fight for it, things do get better. And let me tell you something, particularly young people here. Better is good. I used to have to tell my young staff this all the time in the White House. Better is good. That’s the history of progress in this country. Not perfect. Better. The Civil Rights Act didn’t end racism, but it made things better. Social Security didn’t eliminate all poverty for seniors, but it made things better for millions of people.

Do not let people tell you the fight’s not worth it because you won’t get everything that you want. The idea that, well, you know there’s racism in America so I’m not going to bother voting. No point. That makes no sense. You can make it better. Better’s always worth fighting for. That’s how our founders expected this system of self-government to work; that through the testing of ideas and the application of reason and evidence and proof, we could sort through our difference sand nobody would get exactly what they wanted, but it would be possible to find a basis for common ground.

And that common ground exists. Maybe it’s not fashionable to say that right now. It’s hard to see it with all the nonsense in Washington, it’s hard to hear it with all the noise. But common ground exists. I have seen it.I have lived it. I know there are white people who care deeply about black people being treated unfairly. I have talked to them and loved them. And I know there are black people who care deeply about the struggles of white rural America. I’m one of them and I have a track record to prove it

I know there are evangelicals who are deeply committed to doing something about climate change. I’ve seen them do the work. I know there are conservatives who think there’s nothing compassionate about separating immigrant children from their mothers. I know there are Republicans who believe government should only perform a few minimal functions but that one of those functions should be making sure nearly 3,000 Americans don’t die in a hurricane and its aftermath.

Common ground’s out there. I see it every day. Just how people interact, how people treat each other. You see it on the ball field. You see it at work. You see it in places of worship. But to say that a common ground exists doesn’t mean it will inevitably win out. History shows the power of fear. And the closer that we get to Election Day, the more those invested in the politics of fear and division will work, will do anything to hang on to their recent gains.

Fortunately I am hopeful because out of this political darkness I am seeing a great awakening of citizenship all across the country. I cannot tell you how encouraged I’ve been by watching so many people get involved for the first time, or the first time in a long time. They’re marching and they’re organizing and they’re registering people to vote, and they’re running for office themselves. Look at this crop of Democratic candidates running for Congress and running for governor, running for the state legislature, running for district attorney, running for schoolboard. It is a movement of citizens who happen to be younger and more diverse and more female than ever before, and that’s really useful.

We need more women in charge. But we’ve got first-time candidates, we’ve got veterans of Iraq and Afghanistan, record numbers of women — Americans who previously maybe didn’t have an interest in politics as a career, but laced up their shoes and rolled up their sleeves and grabbed a clipboard because they too believe, this time’s different; this moment’s too important to sit out. And if you listen to what these candidates are talking about, in individual races across the country, you’ll find they’re not just running against something, they are running for something. They’re running to expand opportunity and they’re running to restore the honor and compassion that should be the essence of public service.

And speaking as a Democrat, that’s when the Democratic Party has always made the biggest difference in the lives of the American people, when we led with conviction and principle and bold new ideas. The antidote to a government controlled by a powerful fear, a government that divides, is a government by the organized, energized, inclusive many. That’s what this moment’s about. That has to be the answer. You cannot sit back and wait for a saviour. You can’t opt out because you don’t feel sufficiently inspired by this or that particular candidate. This is not a rock concert, this is not Coachella. You don’t need a messiah. All we need are decent, honest, hardworking people who are accountable – and who have America’s best interests at heart.

And they’ll step up and they’ll join our government and they will make things better if they have support. One election will not fix everything that needs to be fixed, but it will be a start. And you have to start it. What’s going to fix our democracy is you.

People ask me, what are you going to do for the election? No, the question is: What are you going to do? You’re the antidote. Your participation and your spirit and your determination, not just in this election but in every subsequent election, and in the days between elections.

Because in the end, the threat to our democracy doesn’t just come from Donald Trump or the current batch of Republicans in Congress or the Koch Brothers and their lobbyists, or too much compromise from Democrats, or Russian hacking. The biggest threat to our democracy is indifference. The biggest threat to our democracy is cynicism – a cynicism that’s led too many people to turn away from politics and stay home on Election Day. To all the young people who are here today, there are now more eligible voters in your generation than in any other, which means your generation now has more power than anybody to change things. If you want it, you can make sure America gets out of its current funk. If you actually care about it, you have the power to make sure we seize a brighter future. But to exercise that clout, to exercise that power, you have to show up.

In the last midterms election, in, fewer than one in five young people voted. One in five. Not two in five, or three in five. One in five. Is it any wonder this Congress doesn’t reflect your values and your priorities? Are you surprised by that?

This whole project of self- government only works if everybody’s doing their part. Don’t tell me your vote doesn’t matter. I’ve won states in the presidential election because of five, ten, twenty votes per precinct. And if you thought elections don’t matter, I hope these last two years have corrected that impression.

So if you don’t like what’s going on right now — and you shouldn’t — do not complain. Don’t hashtag. Don’t get anxious. Don’t retreat. Don’t binge on whatever it is you’re bingeing on. Don’t lose yourself in ironic detachment. Don’t put your head in the sand. Don’t boo. Vote.

Vote. If you are really concerned about how the criminal justice system treats African-Americans, the best way to protest is to vote – not just for Senators and Representatives, but for mayors and sheriffs and state legislators. Do what they just did in Philadelphia and Boston, and elect state’s attorneys and district attorneys who are looking at issues in a new light, who realize that the vast majority of law enforcement do the right thing in a really hard job, and we just need to make sure that all of them do. If you’re tired of politicians who offer nothing but “thoughts and prayers” after amass shooting, you’ve got to do what the Parkland kids are doing. Some of them aren’t even eligible to vote, yet they’re out there working to change minds and registering people, and they’re not giving up until we have a Congress that sees your lives as more important than a campaign check from the NRA.

You’ve got to vote.If you support the MeToo movement, you’re outraged by stories of sexual harassment and assault inspired by the women who shared them, you’ve got to do more than retweet a hashtag. You’ve got to vote.

Part of the reason women are more vulnerable in the workplace is because not enough women are bosses in the workplace – which is why we need to strengthen and enforce laws that protect women in the workplace not just from harassment but from discrimination in hiring and promotion, and not getting paid the same amount for doing the same work. That requires laws. Laws get passed by legislators.

You’ve got to vote. When you vote, you’ve got the power to make it easier to afford college, and harder to shoot up a school. When you vote, you’ve got the power to make sure a family keeps its health insurance; you could save somebody’s life. When you vote, you’ve got the power to make sure white nationalists don’t feel emboldened to march with their hoods off or their hoods on in Charlottesville in the middle of the day.

Thirty minutes. Thirty minutes of your time. Is democracy worth that? We have been through much darker times than these, and somehow each generation of Americans carried us through to the other side. Not by sitting around and waiting for something to happen, not by leaving it to others to do something, but by leading that movement for change themselves. And if you do that, if you get involved, and you get engaged, and you knock on some doors, and you talk with your friends, and you argue with your family members, and you change some minds, and you vote, something powerful happens.

Change happens. Hope happens. Not perfection. Not every bit of cruelty and sadness and poverty and disease suddenly stricken from the earth. There will still be problems. But with each new candidate that surprises you with a victory that you supported, a spark of hope happens. With each new law that helps a kid read or helps a homeless family find shelter or helps a veteran get the support he or she has earned, each time that happens, hope happens. With each new step we take in the direction of fairness and justice and equality and opportunity, hope spreads.

And that can be the legacy of your generation. You can be the generation that at a critical moment stood up and reminded us just how precious this experiment in democracy really is, just how powerful it can be when we fight for it, when we believe in it. I believe in you. I believe you will help lead us in the right direction. And I will be right there with you every step of the way. Thank you, Illinois. God bless. God bless this country we love. Thank you. ##

The USA Today story that provided that transcript, is linked here.

The link to the video and commentary from POTUS Trump’s speech last night, is linked below. “We Provide, You Decide.” ©.

“Growth,” “Fight on to Victory,” “One People, One Family, and One Glorious Nation Under God”

 

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AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Facebook Recent Big Hit, More Trouble Ahead? Plus, MH Market Updates

September 6th, 2018 Comments off

The Daily Business News on MHProNews has noted several times of the importance that CNNmoney7.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsFacebook has for marketers, and others in the industry. More hearings on Capitol Hill, plus impact of the stock on the markets. It’s a technical, traders look, and will be our featured report for this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Twitter bans Alex Jones and InfoWars
  • The NFL kicks off tonight. Will its ratings take another hit this season?
  • Amazon is 20,000 vans closer to replacing the post office
  • CBS reportedly negotiating exit for CEO Les Moonves
  • New job not working out? Your employer may pay you to leave
  • Emerging markets look sick. Will they infect Wall Street?
  • Amway co-founder Richard DeVos dies at 92
  • IBM is betting big on blockchain technology. Is it worth the risk?
  • New York Times rivals react to explosive anonymous op-ed
  • Barnes & Noble is in big trouble in more than one way
  • Why Wall Street shouldn’t worry about the trade war
  • Uber’s new tool detects unexpected stops and suspected car crashes
  • Curbing carbon emissions could boost the economy way more than doing nothing
  • PepsiCo is launching an accelerator program
  • Senators blast Google for no-show on Capitol Hill
  • The story behind the New York Times’ anonymous op-ed blasting Trump
  • Trump says the NYT should hand over its source. That’s preposterous
  • Nike will run a Colin Kaepernick ad during the NFL season opener
  • Lyft launches a scooter service. Uber is close behind
  • Papa John’s exec abruptly steps down
  • Bernie Sanders’ ‘Stop BEZOS’ bill targets worker pay at Amazon and Walmart
  • What Ellen DeGeneres means to Walmart
  • Amazon’s joined Apple in the trillion dollar club. Up next? $2 trillion
  • Amazon will now let Indians shop in Hindi
  • Jeff Bezos donates $10 million to group that helps veterans get elected
  • Siemens warns of dangers of xenophobia after violent protests in Germany
  • A North Dakota golf course is dropping burgers from a drone
  • NFL could pocket billions from the coming boom in sports gambling
  • Find out your colleague makes more? Try this
  • Do eye contact or weird looks count as discrimination?
  • How power changes the CEO brain
  • Silicon Valley startup Theranos is shutting down for good
  • Caver’s lawyer: Musk’s accusations ‘vile and false’
  • Amazon becomes America’s second $1 trillion company
  • Being rude can get you kicked off Uber in Australia
  • com CEO was arrested on suspicion of rape
  • How Richard Liu built JD.com into a $45 billion tech giant
  • Former Facebook exec: America is under attack

Selected headlines and bullets from Fox Business:

  • What aerial photos can tell us about Tesla’s sales
  • CBS board discussing Moonves exit, a clearer way for a sale
  • August jobs report: Have we maxed out employment creation?
  • Stocks mixed as traders digest economic data, eye trade developments
  • Americans should consider retiring in these countries
  • The fuzzy math behind California’s renewable energy push
  • This is how Texas plans to kill ObamaCare
  • Starbucks’ first store in Italy will serve pizza and gelato
  • The pitfalls of early retirement that no one is telling you
  • Pizza Hut ready for NFL kickoff after Papa John’s fumble
  • Ford recalls 2 million F-150 pickups over seat belt fire concerns
  • Former Starbucks CEO continues to hint at future in politics
  • Hall of Famer Rick Pitino angry over FBI probe, NCAA decision
  • Everything you should know about the second round of tax cuts
  • Want to travel to an NFL game this weekend? Here are the best deals
  • Wells Fargo banking unit probed for employee fraud: Report
  • ‘Run for the Cure’: Susan G. Komen CEO Linda Tantawi
  • Thousands of flooded cars are refurbished and sold: Here’s how to avoid that trap
  • NFL thriving despite Colin Kaepernick: Tiki Barber
  • 4 tips on making the most money selling your home
  • JetBlue increases fees for checked bags
  • Used-car price index hits record high
  • Richard DeVos, Amway co-founder and Orlando Magic owner, dead at 92
  • CBS board discussing Moonves exit, a clearer way for a sale
  • Richard DeVos, Amway co-founder and Orlando Magic owner, dead at 92
  • NFL thriving despite Colin Kaepernick: Tiki Barber
  • Ford recalls 2M pickup trucks; seat belts can cause fires
  • Stumpy’s Hatchet House: How to throw a hatchet
  • From tennis court to boardroom: How Maria Sharapova does business
  • America’s Best 401(k) adds Salesforce CEO, M13 founder to board of directors
  • For many young investors, the stock market’s only gone up
  • Record number of 401(K) millionaires

 

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.6.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

FacebookBigHitTroubleAheadMarketsDailyBusinessNewsMHProNews

Todd Gordon, founder of TradingAnalysis, talks about an opportunity in the sell-off of Facebook that is underway. The stock is certainly “technically damaged,” Gordon said today on CNBC’s Trading Nation.

I see no reason that we shouldn’t be able to go back and retest the $150 mark, which was the old low here from April of 2018. There’s a lot of momentum here,” Gordon said, implying an 8 percent drop from the stock’s current levels.

There’s also the September before the midterms.  This is a month that often has headwinds, as investors try to read the tea leaves as to what the political winds will bring.

A recent report on the tech giants is linked below.

Tucker’s “Tech Tyranny,” Luther Lowe-SVP Public Policy@Yelp, Author Scott Clelan, “Should Government Intervene?”

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

“Work With Us Or Die,” Threat from Facebook’s Brown, per SUN Report

August 15th, 2018 Comments off

 WorkWithUSorDIEFacebooksCampbellBrownNewsMarkZuckerbergPhotoSUNLogoDailyBusinessNewsMHproNEws

Campbell Brown is Facebook’s head of news partnerships.  According to reports from The Australian, Drudge, and the Sun, Brown told a group of media executives down under that they have to “Work with us or end up in hospice.”

 

Hospice is defined by Google’s dictionary as “providing care for the sick, especially the terminally ill” or dying.

In dramatic damage-control mode, Facebook denies that charge, and says that it was a statement taken out of context.

But what the issue spotlights is the problem of monopolies, or more precisely oligopolies. An oligopoly is defined as “a state of limited competition, in which a market is shared by a small number of producers or sellers.”

For every independent business or hopeful startups, there is a rising tide of mega-corporations that dominate a given industry. While it is more pronounced in manufactured housing that in other industries, there are some similar trends.

 

Independents – Work With Us Or Die

Rephrased, what these giants are telling independent businesses in that pithy headline from “The Sun” – “Work With Us Or Die.

It should be chilling to those who believe in free enterprise.

As the Daily Business News recently reported, mainstream media is dominated by some 6 major conglomerates.

 

“Shadows of Liberty” Movie Introduction, Affordable Housing, and You

In manufactured housing, the concern is being raised that Berkshire Hathaway could have been correcting the record for years on the misconceptions about manufactured homes.  Why haven’t they?  It puts into question claims by Kevin Clayton, Berkshire Hathaway CEO, and Lesli Gooch, SVP for the Manufactured Housing Institute (MHI).

 

Kevin Clayton, Leslie Gooch Sound-off; Left & Right Agree? Manufactured Homeland, MHI, & You

 

But the problem isn’t limited to them.  Thus part of the solution must be to understand the threat that domination by one or a few is harmful to the free marketplace, and ultimately to workers and consumers.

 

NY Stern University’s Scott Galloway on Facebook Founder Mark Zuckerberg’s Capitol Hill Hearings

 

Facebook and Google, the later whose parent company is Alphabet, have been coming under fire globally. The EU fined Google for anti-trust activity. Congress and others are looking too.  While the headlines about Facebook are often tied to “fake news,” perhaps the more important issue is the raw power that these operations have over information.

As manufactured home marketers know, Google and Facebook can make or break your firm. So “shadow banning” and other ways that information is manipulated – or eliminated – by the FANG giants.

FANGFacebookAmazonNetflixGoogleAlphabetDailyBusinessNewsMHProNEws

And as a multiple award winning retailer told MHProNews,Tony, no independent can afford to publicly fight 21st.” Agree or disagree with that retailer’s statement, but the thought that you can’t fight Clayton or Berkshire Hathaway is similar to the Sun’s pity headline, Work With Us Or Die.”

Are independent manufactured home businesses mere vassals or serfs to powerful megacorporations, and the association that those “big boys” dominate? A retailer in the article linked below thinks so.

 

How Many MH Independents, Retailers Have Been Lost Recently? “They Think They Own Us”

 

This is why the industry’s independents arguably must organize and push back in as many ways as they can. See the related report, linked below. “We Provide, You Decide.” © ## (News, analysis and commentary.)

(Third party images, content are provided under fair use guidelines.)

 

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

 

 

 

Related Reports:

“Fixing Our Industry’s Terrible” Public Relations, a Proven Strategy

Ford is Powering the “Home of the Future”

 

“Thou Shall Not Steal,” $2 Trillion Annually Lost to Lack of Affordable Homes, Making the Manufactured Home Case

 

Texas Commission Talks West Texas Oil Boom, Plus Manufactured Home Market Updates

July 10th, 2018 Comments off

CNNDowJonesIndustrialAverage7102018ManufacturedHousingIndustryDailyBusinessNewsMHproNewsWest Texas. South Dakota. Louisiana. Oklahoma. These are just some of the places that oil, natural gas, and energy have and are creating or supporting jobs that have sold thousands upon thousands of factory built housing units. Tonight’s spotlight focus is an interview with the Texas Commissioner who keeps his eye on the oil industry there.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Univision flip flops on digital strategy, explores sale of Gizmodo and The Onion
  • Trump launches new tariffs on China
  • Tax cut triggers $437 billion explosion of stock buybacks
  • Tesla is going big in China
  • Wall Street has Trump whiplash
  • Trump slashes funding that helps people sign up for Obamacare
  • China is owning the future of cars. German automakers want in
  • The oil market’s shock absorbers are nearly gone
  • Facebook will chip in for users’ birthday fundraisers
  • Microsoft unveils Surface Go to take on iPad
  • Whole Foods announces its Prime Day deal
  • The last Sears in Chicago is closing
  • The United States could be spared the worst in a trade war
  • Why Corporate America is recruiting high schoolers
  • Tesla raises prices in China by 20% in response to tariffs
  • India’s tech firms grow in popularity with country’s grads
  • How Thailand became the ‘Detroit of Asia’
  • These are banned in some cities. The company is valued at $2B
  • Russian company had access to Facebook user data through apps
  • Bitcoin is down 66%. But it still may be the future of money
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Bitcoin prices have been manipulated, study says
  • Russian farmers are ditching the ruble for a new cryptocurrency
  • Bitcoin could ‘bring the internet to a halt,’ banking group warns
  • Smucker is saying goodbye to Pillsbury and its doughboy
  • Pepsi stock pops on strong snack sales
  • Starbucks is removing plastic straws from stores
  • What’s killing Big American Beer?

 

Select Bullets from Fox Business

  • Trump preparing additional tariffs on $200B in Chinese goods
  • The U.S. revealed a list of Chinese goods it will target.
  • Stocks extend winning streak with economy in focus
  • Americans quitting their jobs for better opportunities
  • The ETF market could get a lot bigger – here’s why
  • Some tips for saving on prescription drug costs
  • Oil industry building pipelines to address America’s biggest energy roadblock
  • The big money behind Trump’s Supreme Court pick
  • A deeply conservative political group spent more than $1 million on ad campaigns.
  • Tax law mistake hurting retailers, restaurants
  • This Honda lawn mower will go 150 mph
  • Trump bashes NATO members: Who pays what?
  • Panthers ‘obligated’ to keep Jerry Richardson statue, new owner David Tepper says
  • Yankees’ Cashman, Arizona Cardinals owner back Trump’s Supreme Court pick
  • Used-car prices keep climbing
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Global businesses look to this company for help navigating tariffs
  • Walmart set to enter New York City, but not its stores

 

Today’s markets and stocks, at the closing bell…

 YahooClosingMarketsTickers7102018DailyBusinessNewsMHProNews

Manufactured Housing Composite Value (MHCV)

ManufacturedHousingCompositeIndexManufacturedHomeIndustryDailyBusinessNews7102018

One month of data.

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Today is the 4th day of rising markets, as investors are beginning to shrug of the tough talk on trade wars.  But will the announcement of another $200 billion in tariffs targeting China announced late today impact traders?  Time will tell.   A spotlight on Sun Communities is found, linked below.

Forbes Boast$ about Manufactured Home Community Operation

But tonight’s focus is West Texas oil.

Texas Railroad Commissioner Ryan Sitton on efforts to boost pipeline capacity to keep up with drilling at the Permian Basin.  Sitton is the Texas official charged with keeping tabs on the oil industry, and he admits that the supply is outpacing oil pipeline capacity.  He says that that will be corrected through construction in the next 12 to 24 months.

 

As crude oil prices rise over a range of issues, including tensions with Iran, and Russia, U.S production will be ever more important. Another item to keep an eye on for the industry will be when activity starts taking place in ANWAR – which was opened up by legislation enacted by the Trump Administration. That might, just might, cause a wave of factory built homes moving “north to Alaska” at that time.

RyanSittonTexasRailroadCommissionManufacturedHousingINdustryDailyBusinessNewsMHprONews

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

BloombergWatchlist7102018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

U.S. vs China, SCOTUS Pick, Biz Effects, and MH Market Updates

July 9th, 2018 Comments off

CNNmoney7.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsBefore diving into tonight’s feature, millions will tune in tonight to see who President Donald J. Trump will nominate to replace retiring Justice Anthony “Tony” Kennedy on the Supreme Court of the United States (SCOTUS). Some have speculated on a variety of supposed top contenders. An interesting op-ed by Senator Orin Hatch May provide a clue, when it uses the pronoun “she” to describe the pending nominee. 

According to the often-announced plan, sometime after 9 PM ET, the nation will know.

That said, beyond the data for today’s tracked manufactured home industry connected equities, the focus for tonight’s is what Fox Business called a “risky” trade war.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • The product is banned in some cities. The company is valued at $2 billion
  • Sell tech: Morgan Stanley’s warning to investors
  • Disney set to nab 700 million viewers in India
  • Samsung goes big in India with ‘world’s largest mobile factory’
  • Is HBO the next Netflix?
  • Tencent Music could reach $30 billion valuation in US IPO
  • Inside Adidas’ vision for the future
  • Driving the Subaru 360, one of the worst cars ever sold in America
  • ‘Ant-Man and the Wasp’ marks Marvel’s 20th straight No. 1 opening
  • Tariffs cast a shadow as earnings season begins
  • US soybean farmers say China tariffs could result in ‘serious damage’
  • Chicken nuggets, avocados and whiskey. The trade war is making 1,300 products more expensive
  • 4 ways to make your workday more productive
  • What we lose when we let Trump’s tweets and insults take over the news
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Sonos prepares to go public
  • ‘Ant-Man and the Wasp’ caps off Marvel’s blockbuster year
  • Uber and Lyft want to be about so much more than cars
  • Samsung’s run of record profits fizzles out
  • Having more control over your data doesn’t mean it’s safe
  • China says the US has started ‘the biggest trade war’ in history
  • Google’s eerily human phone bot is ready for the real world
  • Boeing’s hypersonic passenger plane could get you from New York to London in 2 hours
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • The new Fox will be a sports and entertainment hub
  • MoviePass rolls out surge pricing
  • Another strong jobs report. Here’s why unemployment jumped
  • Mall vacancies hit six-year high
  • Trump calls journalists ‘bad people’ at rally a week after newsroom shooting
  • Is this the future of home renovation?
  • Amazon could radically change how you get prescriptions
  • These gadgets could transform the lives of visually impaired people
  • Jaguar Land Rover: Brexit threatens our plan to spend $100 billion in the UK

Selected headlines and bullets from Fox Business:

  • Trump rips Pfizer for raising drug prices
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Stock rally continues following jobs report
  • The next recession: When, and why it will happen
  • Chinese customs clears some US goods as new tariffs take effect: sources
  • Amazon Prime Day 2018: How to score the best deals
  • Trump’s Supreme Court nominee will be ‘outstanding’: former clerk for Justice Scalia
  • Starbucks is officially going strawless
  • Twitter stock falls as company tackles fake accounts
  • This new game show will pay off your student loan debt
  • Economists understating US GDP
  • Will Elon Musk’s ‘kid submarine’ be used in Thai rescue?
  • War on straws: 5 eco-friendly alternatives to plastic
  • AT&T to overhaul HBO, add more original content: report
  • Trump feeds on the rage of opponents: Varney
  • Elvis, Beatles memorabilia items on display at Hard Rock
  • Twitter stock falls as company tackles fake accounts[overlay type]
  • Twitter stock falls as company tackles fake accounts
  • Why Advanced Micro Devices Stock Gained 59% So Far in 2018
  • How Pandora Media Inc. Shares Soared 63.5% Higher in the First Half of 2018
  • A solid first-quarter report was music to the ears of success-starved shareholders.

 

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.9.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

It may surprise some to learn that a third-party research found that Fox News is roughly a 50-50 split on coverage that is for-or-against the president and Trump Administration policies.

Seriously?

While many Fox News and Fox Business hosts are pro-POTUS Trump, not all are.

Further, many of the shows feature panel discussion, where they bring in Democratic, or so-called RINO, and “never Trump” backers.

 

The video above is an example of a report that is largely negative about the Trump trade gambit. It isn’t until the very end of the video that you get a sense of why the president is taking this tactic in the first place.

The interview with Forbes’ Steve Forbes is also tentative about the issue of trade.

But there are voices in the business world that think that this is precisely the right strategy, and it is the right time, because there is a nice cushion fueled by more jobs, rising wages, lower taxes, more common sense regulations and the like.

Time will tell.  But as Marty Lavin, or CNBC’s Cramer have observed, the time is right for this battle. If not now, when will the U.S. stand up to China’s theft of intellectual property, or other problematic trade practices?

USChinaTradeWarManufacturedHousingIndustryDailyBusinessNewsMHproNews

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.9.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

Record Employment, Rising Popularity, Plus Manufactured Housing Industry Connected Stocks, Evening Market Report

July 6th, 2018 Comments off

CNNmoney7.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsA new Reuters Ipsos poll tells the Daily Business News that the top two issues for most voters in the approaching midterms will be employment and immigration. Even as the long-awaited tariffs between the U.S. and China both kicked in today, a series of positive jobs data sparked a rise in the markets.  These will be part of our evening ‘what’s driving the market’ snapshot.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Driving the Subaru 360, one of the worst cars ever sold in America
  • Adidas’ vision for the future: Personalization, fast
  • ‘Ant-Man and the Wasp’ caps off Marvel’s blockbuster year
  • Sonos warns about trade war as it prepares to go public
  • Another strong jobs report. Here’s why unemployment jumped
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Samsung’s run of record profits fizzles out
  • Can Chinese smartphone giant Xiaomi survive a trade war?
  • Having more control over your data doesn’t mean it’s safe
  • Airbus CEO: The UK has ‘no clue’ on Brexit
  • Brexit nightmare is coming true for business
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • MoviePass rolls out surge pricing
  • Trump calls journalists ‘bad people’ at rally a week after newsroom shooting
  • Even the gig economy has a wage gap
  • The wage gap starts earlier than you might think
  • Global employment is rising. Salaries not so much
  • China’s ZTE names new CEO as it races to meet US demands
  • Air India now flies to ‘Chinese Taipei,’ not Taiwan
  • Singapore says Uber may have to unwind merger with rival
  • Is this the future of home renovation?
  • Amazon could radically change how you get prescriptions

Selected headlines and bullets from Fox Business:

  • Why higher unemployment signals a strengthening economy
  • June jobs growth jumps with 213K jobs added
  • US stock market gaining, despite US-China trade war
  • Jobs report could signal a ‘stampede’ back into the workforce
  • Hilsenrath on jobs: It’s a good report, economy is on solid footing
  • ‘Ghosting’ – what it is, what it means for US economy
  • Tariffs on Chinese goods now in effect
  • Why didn’t many retirees see a Social Security increase?
  • IRS may deny 362,000 Americans passports for unpaid taxes
  • Texas gas stations to pay back customers for Hurricane Harvey price-gouging
  • Musk sends engineers to help Thai boys trapped in cave
  • Sonos files for IPO
  • Micron vs. China: A battle hitting America’s heartland
  • Biogen shares surge on positive results of Alzheimer’s drug test
  • Ford, GM assess China tariff impact on prices
  • Why AT&T could become the next online advertising giant
  • Stocks that moved substantially or traded heavily Friday: Biogen Inc., up $58.67 to $357.48

 

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.6.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

The Drudge Report mined the following headlines today.

James Carville’s famous line, “it’s the economy, stupid.” is the counterpoint to his equally infamous, and prejudicial “trailer park” line.  It’s a classic example of the necessity for discernment, for sifting the wheat from the chaff that MHProNews believes is essential for understanding the industry’s realities today.

Wheat, Chaff, and the Monday Morning Manufactured Housing Sales, Marketing Meeting

Publicly traded manufactured home producers routinely point in their quarterly and/or annual reports how rising employment and rising pay are good for new home sales.  Duh, of course, right?

JuneJobsReportCNBCWHeretheJobsAreOneGraphic

The jobs growth are in areas that President Obama in his waning days before the 2016 election said would not be coming back. One of the drivers for the Trump team is to prove that their policies are good for the people, business and the nation at large.

The latest Reuters Ipsos poll could, of course, shift between now and the midterms. But the two hot topics, according to other polls, tell us these are issues that should play well for President Donald J. Trump and his party’s partisans.

ReutersIpsosPollManufacturedHousingIndustryDailyBusinessNewsMHProNews

For those who watch a Trump rally with an open mind, it has a similar feel to the ones in 2016, with one key difference.  Then, those rallies were about promises being made.  Now, they are about the results of promises being kept.

RecordEmploymentRisingPopularityPlusManufacturedHousingIndustryConnectedstocksEveningMarketReport

Workers and most businesses alike have reason to smile.  The anti-Trump resistance isn’t giving up.  It will be an interesting, perhaps historic ride to the midterms.

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Tricon closed its sale of manufactured home communities, so TCN is now de-listed from our manufactured housing industry connected equities.

Sale of $172 Million Manufactured Home Community Portfolio Completed

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.