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“It’s a Terrible Idea,” Comments from Manufactured Home Community Owners, Senior Management, and Investors

December 7th, 2018 No comments


ItsTerribleIdeaCommentsFromManufacturedHomeCommunityOwnersSeniormanagementProducersInvestorsDailyBusinessNewsMHProNews
Skimmer alert: the subject isn’t a video per se.  But we open this Daily Business News on MHProNews with a comment about a new video because it shines a light on broader issues that have drawn comments – also shared below – from a variety of industry personalities.  Many are from the manufactured home community sector.  But other voices from retail and production have weighed in too, as you will see.

 

A company president with interests in communities that has also done retail wrote a long missive that began as follows. “My first reaction when I saw the opening frames [of the Manufactured Housing Institute self-promotional video] was WTF?????  OBVIOUS to me at least that this was made for folks who DON’T know the real details behind the [manufactured housing industry’s current condition] story.  In a depressed industry, with competition slowly being choked out of existence, they [MHI] come out like we’re back in 1999!  What a joke.”

 

Terrible Idea

It’s a terrible idea,” said another large community owner during a 75-minute phone call to MHProNews,to have communities lumped in” with producers, retail, and other industry segments at the Manufactured Housing Institute (MHI). That pro said he hasn’t seen the MHI video, and said he could care less.

Why?

What has MHI done to alleviate any of the concerns” for communities, was the response.  Examples given by the caller included costly installations being mandated by HUD was part of that community owners comment.

He’s far from alone.

The Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac and financing issues have sparked several responses from operations of varied sizes, from coast-to-coast.

MHI pays lip service to communities. Sure, they have their community focused events. But in terms of policies, what has MHI actually done? It’s still a retail and production-oriented organization.”

The dues paid by communities [to MHI] are not that bad,” said one. “But there’s no performance [by MHI] either. I’m waiting to see who will step up and do something that will be helpful for communities.”

MHI provides “a lot of sizzle, but the steak’s still kinda tough. We as an industry are still WAY below where all rationale says we should be, IF ONLY NORMAL MARKET FORCES WERE AT WORK HERE.  I have long felt that to NOT be the case, as you [MHProNews] are also verifying through your investigative reporting.”

Put differently, one of the hot-topics include a growing sense of manufactured home market manipulation and monopolistic practices.  There are many who believe that the industry should be performing far better, but that manipulation of the market has kept the industry at far below it’s capability.

 

 

A Wink and a Nod?

I have no doubt that deals are made [at MHI] with a wink and a nod” that benefits some operations at the expense of others stated a partner in a community operation.

Nathan Smith was a name that drew repeated fire. “What a likable guy, who sadly is working every ——ing day to get politicians elected who harm everything independent business people in our industry stand for and need [in order] to be successful.” Without saying so, it is likely a reaction to the report found by clicking on the hot-linked box below.

 

Nathan & Mary Lee Chance Smith, Leaders in ‘Anti-Trump Resistance,’ Manufactured Housing Impact?

 

I just want an organization that helps keep Big Brother off my back,” explained one, commenting about MHI. “We have modest working-class [MH] communities. There are no clubhouses. Having to put in high-cost pads only increases the costs to consumers. MHI’s promos only shows photos or video of freshly black topped streets, that have double wides1, garages, and swimming pools. Hey, that’s great for those few that actually do offer that, but that ignores the reality at over 80 percent of the properties in our industry. It’s like they [MHI] are embarrassed by the reality that millions are happy to have a home that they can call their own, even if it is modest, it’s theirs.”

 

1 – sic terminology error in the original.  More properly,
multi-sectional manufactured homes. Note to Industry
newcomers – percentages shared by reader comments
may or may not be precise, but can be understood
as broadly on point.

SICSicutJournalismDefintionSocietyProfessionalJournalismDailyBusinessNewsMHProNews

One mentioned a comment by Kevin Clayton, on an occasion when he said that the industry should “…dance with those that brought them to the dance.” Meaning, the industry should not forget the entry level product.  “But this Clayton/MHI new class of homes absolutely ignores the ones that brought manufactured homes to the housing industry dance.  Not providing them with Fannie [Mae] and Freddie [Mac] lending is another case of leaders doing the opposite of what they’ve said. Their program does nothing for community owners, and all of our industry’s existing home owners. It’s outrageous.”

It’s why, one said, so many community people walked out last year from the MHI presentation at their Congress and Expo.  ICYMI, you can learn more about that by clicking on the box in the report linked below.

 

Manufactured Housing Institute “Walk Out,” “Cover Up,” and Shock at their Vegas Event

 

 

What’s Next?

There have been questions and comments about the new national manufactured home community organization.

MHProNews has spotlighted the emerging group, and without endorsing it, has noted that at least NMHCO has condemned MHI’s performance failures for communities, which is a hopeful sign that those organizing community owners not only understand the issues, but have plans to address them.

An industry veteran said the need for MHIdea and the new community organization could not be more pressing, saying in part that while most are figuring out how to do more or better business, “SOME in our industry focus on an entirely different goal every morning:  “What can I do today to make my competition go away?“”

One pro said that whatever MHI or Clayton say they want, automatically sparks skepticism.  She gave an example, citing the fact that MHVillage has launched MH Insider, which has praised Kevin Clayton and MHI makes.  That pro now questions not only that publication, but the parent operation too. “If someone is promoting those con artists,” that person alleged, “after the reports we’ve read [on MHProNews], they are either blind, naïve, or part of their con.”

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

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

 

Are Tech and Emerging Trends Threatening to Undermine MH Communities?

An interesting observation has been about the changes on the horizon in transportation. Out West, where Elon Musk and his Boring Company have been doing tests on the hyperloop, there’s a gnawing concern that in conjunction with other trends, that hyperloop could in time undermine community values in or near metro areas.

Some of us [in the community sector] have thought about or sell properties to big box stores or multifamily housing redevelopers. But as technology like hyperloop develops, it may become ever-more important to be resident satisfaction focused. While today, communities have great stability and lots of exit options, that may not always be the case. If so, that could be [a] good [development] for residents, and the industry, in the long run.

 

ElonMuskHyperloopBoringCompanyManufacturedHousingIndustryDailyBusinessNewsMHproNews

This may have been a reference to one of the reports on MHProNews on that topic, see one example, at this link here.

 

More people work from home than a decade ago,” observed another. “Their [a home owner’s] location doesn’t have to be near downtown, or even in a suburb. Where is there any drive [by MHI] to attract that [home buying] audience?

The fact that MHI used Nathan [Smith] to attack the new communities association in their so-called newsletter is [a] clear reason to believe that they know that there’s unrest among many NCC [National Community Council] members.”

Anyone who has gone to a few Congress and Expos knows that they have very low actual attendance at most of their breakout sessions,” said one. “They have a few keynotes [that get better attendance], but beyond those, most [community professionals] take off and talk business with others or are handling calls and messages.”

 

Regarding MHI/NCC meetings:

> Education could be better and more relevant, as often low attendance at actual sessions underscores.

> Lobbying on behalf of actual needs and concerns of communities is almost none-existent.

> Some argue that MHI is undermining communities, by favoring initiatives that tilt toward clients of what previously was known as Clayton Bank, 21st, Vanderbilt, or other Berkshire Hathaway brands operating in manufactured housing.

Some – as was indicated earlier – used choice, blunt words.

Nathan is a disgrace to our industry,” is one example. “How can he be in a leadership role? I wouldn’t be surprised if he helped that d-mned Richard Cordray in his Ohio campaign for governor [the comment came from several states away, Cordray was prior head to the Obama Administration CFPB]. Nathan’s whole schtick is like a carnival barker, an embarrassment to those of us who try to run an honest business.”

CarnivalBarkerWikipediaDailyBusinessNewsMHProNews
DefinitonShtickWikipediaDailyBusinessNewsMHProNews

 

I wouldn’t mind supporting more than one association, if a new group actually wanted to do something real. Once they [a new organization] proved themselves, dropping out of MHI would be no problem.”

Other who aren’t in MHI – but may or may not be members of state associations – are hopeful too.

I’ve been told that the mixers and events [for MHI] exist for two main reasons. They want independents [retailers, communities] to come which raises money for MHI, but it also gives the portfolio operations a chance to —ing schmooze us into selling [to them]. That video you guys have of Nathan [Smith] laughing while he says he wants all the communities for himself says it all. You guys [MHProNews] need to use that Monopolistic Housing Institute logo more, because that’s like a meme that captures what they [MHI] are all about.”

 

 

 

Anger Over GSEs and Financing

 

While community owners like the rates and terms they get on refinancing a property with one of the GSEs, when the topic turns to lending on actual manufactured homes, they often get angry.

It’s worse than an insult to promote this Clayton [Homes] backed ‘new class of homes,” said one. “It undermines what the HUD Code stands for and has accomplished. MHI has essentially helped the GSEs avoid supporting 95% of what consumers want to buy, in favor of something that is totally unproven.”

A concerned producer and MHI member indicated that the lower rate offered by the GSEs on that new class of homes is cancelled out by the far higher cost of the product. That same producer soberly said that the majority of producers couldn’t build such a home the way they are configured.

Put differently, that professional was explaining why most of the 130 some plants producing homes in the U.S. are being undermined by this Clayton/MHI initiative, that they purportedly got the GSEs to buy into.

Another MHI only member producer stressed that modular homes already qualified for GSE lending. “This [new class of homes] was just unnecessary.”

There are clearly conflicting interests at MHI, and they always tilt toward what Berkshire Hathaway wants.”

The two most heard or read words?

Thank you,” with an example from one who added, “for giving voice to those of us who’ve been abused by a train of lies and broken promises.”

You [MHProNews] are smart to be mixing in those videos and reports that teach the basics of what made America great,” because “what the reality of what is happening to our country could cost everything we hold dear if we don’t change [the trajectory of] the culture.”

 

Articles on related topics are linked further below. NMHCO has promised a new, formal statement on their latest is in the works. MH Idea is also found further below. Quotes may or may not represent the views of MHProNews. That’s this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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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…

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

“Servants of Satan” vs. Servants of God – Ex-GreenTree, Conseco, Current & Past MHI Members Sound-Off on Clayton, MHI, POTUS Trump, Bush 41, More

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

Crisis of Misinformation, Fact Checks, and Manufactured Housing

Clayton’s Miss, Kevin and Tim’s Manufactured Housing Kill Shot, More

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

 

 

 

 

 

 

 

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.

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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.

 

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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.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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

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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.

 

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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

 

 

 

 

Clayton’s Miss, Kevin and Tim’s Manufactured Housing Kill Shot, More

December 2nd, 2018 No comments

 

ClaytonsMissKevinClaytonTimWilliamsManufacturedHousingKillShotMoreDailyBusinessNewsMHProNews

Before we get into the purported Clayton/21st/MHI “kill shots” in our headline and feature image, a few words – a preface – are in order.

 

Preface:

We consider ourselves to be among those independent industry professionals who are positive-goals and solution-oriented people by nature.

Those who know us know us well believe we are social, gregarious, forthright, and hard working. That doesn’t mean we are perfect, but when we have a glitch, we strive to make it right, period.

We smile and laugh at comments like the one below. It is from non-MHARR source(s).  In these 2 quotes below, the “You” below should be understood in both instances as a reference to our online trade publications.

You are prolific and you keep the headlines sexy,” and “You seem to have a conceptual IQ that is more important than spelling ability.”

We’re human, we make mistakes, but once discovered or pointed out, we strive to accurately correct them.  Tim Williams at 21st/and then MHI Chairman has said as much.

 

There Was No Way to Know…

When we launched MHProNews over 9 years ago, we did not imagine nor seek the role of being the ‘communiqué cop’ to spotlight – and thus help stop – what Berkshire Hathaway has arguably been doing for years to our once far-greater industry.

Over 4 years into our project, an MHI staff leader – no doubt with their power brokers okay – had arguably set a trap. Initially, we candidly stepped into it, because we naively did not understand what in hindsight is now more clear. Once we began to discover what was going on, a non-disclosure agreement that they – MHI’s president and general counsel – insisted upon kept our mouths unfairly sealed.

But we stuck by that unjust aspect of their NDA agreement.  We did our home work.  We kept learning more and more about what we hadn’t clearly seen or understood prior to those incidents.

Meanwhile, the powers-that-be kept executing their apparent plan to conquer manufactured housing, in part by using MHI as a tool.

 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

  • So, MHI asked to purchase our LLC’s MHProNews – their idea – they had us sign an NDA.  They then purportedly proceed to use over time what they learned about us during their ‘due diligence’ – against us, only they did so largely behind-the-scenes, per numerous sources.
  • Keep in mind that our publisher was at that time they pulled this apparent ploy an MHI board member.  L. A. ‘Tony’ Kovach was elected by his peers. Recall too that MHI elected and staff leadership had praised Tony and our team’s work for years, in front of several audiences, and often in writing.

Part of their plan was debatably to silence our independent news voice, which they apparently attempted to do by killing off our LLC’s MHProNews business.  We can look another time at parallel efforts they arguably used against MHARR or others.

So, we were absolutely not alone. As another non-MHARR source said last week, ‘some of us wake up and think about how to sell another home. Meanwhile, others wake up and think about how to put someone else out of business.’ That’s from a voice with years of Clayton Homes ties.

AtlanticIbisWorldManufacturedHousingRetailersDealersDailyBusinessNewsMHProNews

 

In that purported effort to kill our MHProNews business off, MHI and the ‘powers that be’ behind them have clearly failed.

But had they succeeded, in that fashion, we could have been no different than the thousands of locations that have been put out of business by their apparent scheme’s efforts to consolidate manufactured housing into ever fewer – and carefully selected – hands.

So not unlike:

  • closed or acquired-at-a-discount MH retailers,
  • MH Communities that were sold for too little money,
  • MH Producers that were closed or acquired for too little money,
  • And on down the list of businesses and organizations – that during an ever growing affordable housing crisis – witnessed for several years the constant and otherwise inexplicable contraction of manufactured housing.

Rephrased, we could easily have become a victim of their consolidation efforts. In our case, they wanted to shutter an independent voice that they had long praised.

Please keep all of those details in mind, because as the bullets suggest – that applies to hundreds if not thousands of other business professionals in our industry.

 

DollarBillUncleSamPointingClaytonHomesLogo21stMortgageLogoManufacturedHousingInstituteLogoMHProNews

We are not idiots, but we were taken in by smiles, kind words, and sometimes big promises too. Aren’t those the historic pattern of every con? “You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time.” – Abraham Lincoln.

 

We’ve documented previously – using their own words, which they have never tried to publicly refute – how the “Moat” by Berkshire Hathaway owned brands operated in manufactured housing. One of the more recent reports is found linked just below.  Bear in mind we’ve repeatedly offered them the opportunity – they being the Berkshire brands in MHVille, plus MHI – the opportunity to refute or clarify any of their own words and actions.  To date, nada.  The offer to Clayton, 21st, MHI, Warren Buffett, et al do so in person, via video, or in writing stands.

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

 

 

The Feds and Others Are On Their ‘Case…’

You don’t have to take our word for it, because prior mainstream reports – some of which are found from the report link above – have documented and stated that Berkshire Hathaway brands in manufactured housing – Clayton, Vanderbilt, 21st – are among those being investigated in MHVille by the Feds or others. Or you can just “Google it.” Or see the screen capture from today, below, for some examples.

 

ClaytonHomes21stMortgageFederalInvestigationsManufacturedHousingIndustryDailyBuisnessNewsMHpronews687

 

Federal investigators have been on this matter for some time. Clayton, et al, denies it all.

The Feds have candidly said these issues won’t be fixed overnight, because it is big. They told us what these dark forces are doing in our industry is not unlike what is happening in other industries. That pattern doesn’t make the Berkshire brands or those like them in other industries correct. It just sets the stage for our – and now your – fuller understanding of what’s happened that has kept manufactured housing at historically low levels for over a decade.

The report linked further below on monopolies from the New York Times will be useful to you and others in what we lovingly call MHVille.

There are professionals who are or have been in MHI, in Clayton or 21st, etc. that understand quite well what’s really been going on, while MHI and Clayton posture something different. There are those who have had long ties with the Clayton organization that know those smiling faces, but who tell us they too have suffered “the double cross.”

That’s about all we will say for now, but we have the evidence to demonstrate the above, some of which is linked from reports on this page, or cross liked from those reports.  Of course, at some point in time, such claims and concerns against Clayton, 21st, and MHI will likely have to be adjudicated. Until then, they are deemed innocent in the eyes of the law until proven guilty, or until they enter into a plea or other agreement.

That’s said to express this notion. We have been, and continue to be, pro-industry professionals. But we have come to realize the full depth of what some voices have said for years.  Some of those voices have at least for now, have gone silent or are more muted. Why they are silent, you’d have to ask them.

As noted, we remain goal and solution oriented. For our industry to grow to its potential, there are challenges from within that must be addressed.

 

From now until at least the Louisville Show, we will be making certain preparations. Hopefully before the time the Tunica Show comes around, we will unveil a plan that we will begin to outline tomorrow, which for now we will dub “Victory 2020.”

With that backdrop, we will once more note that someone or group with apparent ties to MHI has apparently been involved with having an investigator hired. The target? Our publisher. They have purportedly tried to dig up any ‘dirt’ – private, personal matters from over 20 years ago – that they think they could find and use to embarrass him, or silence him. We have been told from solid sources that a similar tactic has been tried with others in our industry.

Rephrased, this could be you too.  Tony took the matter up with the powers that be, as the email below reflects.

 

KevinClaytonTomHodgesDickJennisonLesliGoochRickRobinsonMHIClaytonHomesDailyBusinessNewsMHPronews

 

Federal officials have been notified. They were provided with a string of ‘anonymous letters’ that were sent to our home have since we published the email shown above that was sent to:

  • Kevin Clayton,
  • Clayton attorney and MHI Executive Committee Member, Tom Hodges,
  • Tim Williams,
  • the Dick Jennison,
  • Lesli Gooch,
  • and others as shown.

It should be noted that not long after the message shown above was first published, the anonymous letters to Tony have since stopped. A coincidence?

Our preface is nearly done, and we will pivot in a moment to the headlines from the week that was. We’ve said the above to underscore how important to you some of what follows below can be. We’ll also note again what that message to Clayton et al said, if something happens to us, federal authorities who were already investigating Berkshire Hathaway brands in manufactured housing, MHI, and certain federal officials will know where to look.

There are still Patriots in America who believe in equal justice under the law. But that justice can take time.

 

WarrenBuffettBillClintonHillaryClintonBarackObamaKevinClaytonNathanSmithPhotosDailyBusinessNewsMHproNews600

 

What has happened to others or to us could happen to you or someone you care about. Our publisher has nothing to hide from, which is why the intimidation tactics sent by “whomever” didn’t work.

Tony likes to quote at times the maxim, that “You don’t catch flak unless you are over the target.”  MHProNews perhaps can be understood as being over the target then in our reports, fact checks, and analysis.

 

Victory 2020

But merely exposing what has happened to our industry isn’t enough. There has to be a counterweight to MHI. Let’s be clear. There is nothing, NOTHING that they claim that they do ‘for the industry’ that can’t be done better by others.

 

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI, Clayton and 21st routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

 

Some other options that are alternatives to MHI are already developing, as we have reported, and of course MHARR has existed for years for independent producers.

Starting tomorrow, we will launch a new series which will begin the lead up to “Victory 2020.”  It took about 15 years for Berkshire Hathaway to conquer half of the production in manufactured housing.

 

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

 

Clayton and their purportedly bought-and-paid for allies took years to get to where they are.

 

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

Graphic by MHProNews, using information provided by each corporation, or named entities.

 

But this is still America. We and others of like mind will be committed to taking the years needed to ethically combat what they have built through their ‘Strategic Moat.’ To learn more about that, see the more complete report, with quotes from Warren Buffett, Kevin Clayton and Tim Williams, among others, in the linked report above: “The Feds and Others Are On Their ‘Case…'” 

Another handy report is the one linked below.

 

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

 

Now, onto the reports and intros for the week that was.

 

Sunday Recap of the Week That Was

Financing, Warren Buffett has said, is where most of the money is being made by their firm in Manufactured Housing.  In fact, Clayton Homes is shown in their annual report listed under a financing category.

So it only makes sense from his point of view that Buffett – the-Moat-Builder – will have his MH lieutenants make sure that the GSEs don’t do anything useful for the majority of manufactured home communities and independents.

GoodBusinessIsLikeAStrongCastleWithaDeepMoatAroundItSharksIntheMoatIwantItUntouchableWarrenBuffettQuoteDailyBusinessNewsMHProNews

 

That’s what Saturday’s report, linked below reveals. It’s another purported kill shot aimed at the remainder of the industry’s independents.

But that’s not the only new story this week on MHProNews. Not by a long shot, pardon the pun.

Next, a competitor of #4 Legacy Housing called and said that one of that firm’s smart moves is that they have created their own retail and wholesale lending.

Lending or financing is necessary for most any big-ticket business. Sam Zell famously observed that failing in creating a lending base has hurt the industry.

 

 

MHI’s former president had a similar but different take on that topic, found in a previous report linked here.

But a different surprise for manufactured housing professionals, investors, and industry observers is another stunning Clayton revelation. See that among the reports, linked below.

  • #HousingChoice should be part of every savvy industry professionals’ mantra.
  • Brad Pitt has proven with modular homes that even a good deed can be punished.
  • What’s Google Impact on Manufactured Housing and Free Speech? See that, below.
  • A massive judgement has hit a manufactured home community owner, that report is found among our headline news recap too.
  • Two articles review information from the New York Times, one is a review of “Mobile Homes,” the other is their take on Monopolies and their harmful impact on others.
  • There are whistleblowers at Google, as well as in manufactured housing. See Project Dragonfly, linked below.

Note, among the questions we get from those considering whistleblowing on Clayton, MHI or others revolves around the question of legality. You can and should do your own research, but a quick glance at federal and state laws may lead you to realize that whistleblowers are routinely protected by state and federal laws.

 

WhistlblowerProtectionManufacturedHOusingIndustryDailyBusinessNewsMHproNews615

 

And as trade news media, we can publish even copyrighted material, within certain guidelines that we observe. Recall that the Pentagon Papers, federally classified secret information, was legally published by the New York Times and the Washington Post.

 

PentagonPapersNYTimesWashingtonPostFreePressRighttoPublishDailyBusinessNewsMHProNews

 

More details have emerged about Amazon’s foray into factory-home building, that and several other topics are among the headlines from the week that was, all found further below.

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.

 

Note that the Masthead and MHLivingNews below look like similar topics, but they are quite different.

One final word, we don’t generally highlight with the teaser box and featured image in this weekly recap the link to the evening market report. But some of our readers swear by those daily recaps. Check a few out, and you too may end up hooked. Those evening market recaps save time for busy people who still want to keep up with more industry news, but can do so in a matter of only a few minutes.

With no further adieu, and with no exaggeration, welcome to the hottest site in the world for Manufactured Housing “Industry New, Tips, and Views Pros Can Use.”  ©

MHInsiderManufacturedHousingINdustryDailyBusinessNewsMHProNews

They arguably borrowed from the name used in our video series, “Inside MH,” but the “MH Insider” – an unofficial house organ for MHI and their Clayton/21st/VMF backers – has obviously gone unread at the last two trade events where they can’t even give them away. By contrast, our readership on MHProNews has soared in the last year. Does it seems that people want news, facts, research, and analysis, instead of big boy spin, pablum, and propaganda?

 

What’s New on MHLivingNews

Festivals of Light – Hanukkah and Advent in Manufactured Home Land – a.k.a – MHVille

 

What’s New on the Masthead

TheMastheadCommentaryLATonyKovachMHProNews

Hanukkah, Advent, Festivals of Light, and Celebrating Manufactured Housing Integrity

 

What’s New on the Daily Business News on MHProNews

 

Saturday 12.1.2018


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

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

 

Friday 12.1.2018

 

White House Economic News, Christmas, & Oval Office Views, Plus MH Market Updates

White House Economic News, Christmas, & Oval Office Views, Plus MH Market Updates

“No Good Deed” – Brad Pitt, Make It Right Foundation Sued for Defective Modular Housing, NBC News, More Video

“No Good Deed” – Brad Pitt, Make It Right Foundation Sued for Defective Modular Housing, NBC News, More Video

Does Google Harm Manufactured Housing? Other Forms of Free Speech?

Does Google Harm Manufactured Housing? Other Forms of Free Speech?

How do CEO’s Use Their Time? Work, Life Balance Part II

How do CEO’s Use Their Time? Work, Life Balance Part II

 

Thursday 11.30.2018

Huge Lo$$ “Squalor” Reported, MH Community Owners Hit with 8 Figure Judgment, Video and Report

Huge Lo$$ “Squalor” Reported, MH Community Owners Hit with 8 Figure Judgment, Video and Report

“You’re a Nazi!” Oddly, Socialists & Nazis at War, Plus Manufactured Housing Market Updates

 

Crisis of Misinformation, Fact Checks, and Manufactured Housing

Crisis of Misinformation, Fact Checks, and Manufactured Housing

Consumer Confidence High Heading into Holidays, Per Conference Board, Retail Sales Surge

Consumer Confidence High Heading into Holidays, Per Conference Board, Retail Sales Surge

 

Wednesday 11.29.2018

Fed Chair Powell’s Full 24 Minute Economic Speech, Stocks Roar, Plus MH Market Updates

Clayton Homes Owned Sales Centers Reveal Surprising Trend

Clayton Homes Owned Sales Centers Reveal Surprising Trend

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

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

Climate Change, Energy, Riots, and Manufactured Housing in Green Era

Climate Change, Energy, Riots, and Manufactured Housing in Green Era

 

Tuesday 11.28.2018

Google Employees Go Public, Protest Controversial “Project Dragonfly”

Google Employees Go Public, Protest Controversial “Project Dragonfly”

Bull Run, Part II Ahead? Says Raymond James Executive, Plus MH Market Updates

 

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

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

New York Times Review of “Mobile Homes”

New York Times Review of “Mobile Homes”

 

Monday 11.27.2018

Details Emerging on Amazon’s Plans for Plant PreFab Modular Home Investment

Details Emerging on Amazon’s Plans for Plant PreFab Modular Home Investment

POTUS “Not Happy,” Barra, Kudlow Huddle, Stocks Rise, Plus MH Market Updates

 

Jury Awards Millions to Residents in Suit Against Controversial Community Operator

Jury Awards Millions to Residents in Suit Against Controversial Community Operator

Ford and Toyota Teach Manufactured Housing Professionals and Investors

Ford and Toyota Teach Manufactured Housing Professionals and Investors

 

Sunday 11.26.2018

 

What Just Happened, to Cavco, Independent Communities, Retailers, and Manufactured Housing?

What Just Happened, to Cavco, Independent Communities, Retailers, and Manufactured Housing?

 

Together with thousands of honest MHVille pros of good will, we can make our industry achieve its great potential. That’s done by making American lives better, together. “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.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

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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.

 

 

Related Reports:

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

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

November 20th, 2018 Comments off

 

ManufacturedHousingNotMatterOpenToInterpretationDailyBusinessNewsMHProNewsHere in the U.S., the legal system forbids falsehood, though the law knows that it occurs.  After 18 months of Special Counsel Robert Mueller’s investigation, millions of observers have learned that lying to the FBI is a federal crime. Some have plead guilty, but not to a 2016 campaign violation. Rather, they plead guilty to making a false statement.

 

Talking heads on TV nod soberly and call it a “perjury trap.”

On an entirely different level, Martha Stewart knows that trap all too well.

So why has lying and deception become so common?

CNNMarthaStewartPerjuryLyingDailyBusinessNewsMHProNews

 

Manufactured Homes and Misinformation

How does misinformation impact manufactured housing, each and every day?

If tens of millions knew the unvarnished truth about our industry’s affordable housing products and services, and there was reasonable:

  • financing,
  • placement,
  • capital,
  • zoning,
  • and information/attitude parity with conventional housing,

would there have been a million new HUD Code manufactured homes sold in 2018, vs. the estimated 100,000 (+/-) actually expected by year’s end?

 

What is Wrong is That We Don’t Ask What is Right.”

– Gilbert Keith (G.K.) Chesterton.

 

Millions who know Chesterton’s work know that he’s better known as G.K., not by Gilbert Keith. Is that a lie? A deception?

When Cavco’s Joseph Stegmayer goes by “Joe,” does anyone seriously think of that as a lie? No, no more so than MHI’s Dick Jennison is lying for being a Dick, when his given name is Richard.

There are customs dating back for centuries that make it clear that we all have a reasonable degree of flexibility in the use of our own names. This writer for a time had people call her Sophia, thinking it would be easier for Americans to say, when my driver’s license said that Soheyla was my given Farsi name.

Samuel Clemens committed no crime when his writings were under the pen name Mark Twain. Teddy Roosevelt was Theodore. Barry Obama was actually named Barack, and so on.

So, a degree of understanding and common sense are necessary for mature adults as to what is or isn’t a deliberate falsehood.

 

MarkTwainSamuelClemensWikiQuotesDailyBusinessNewsMHproNews

 

Privacy

It’s true that some people put their sexual lives online via social media, videos, photos, etc. in a deliberate fashion. But there’s still a general acceptance among people that one’s sex life is personal, and those details are generally not put forth for all to see.  We recently reminded readers that when we ask for news tips, we don’t seek information on people’s private lives, unless it has a clear connection to legal violation, or some wrongdoing in an official capacity.

 

WarrenBuffettBillGatesBusinessInsiderDailyBusinessNewsMHProNews

There are some funny, odd, and other items that are beyond suggestive that have been provided to MHProNews, some of which are just not what we are about. This one is on the lighter side, not a slam or slur.

 

There are other details that people keep private.

Medical histories, financial access codes, and identification numbers are but a few examples.

Companies have some items that are kept confidential, rightly, on items like so-called ‘trade secrets.’ Those secrets are often legitimate, although some can be based upon a false premise, if those secrets were in fact stolen from another person or entity.

Theft of intellectual property is what much of the hang up is between the U.S. and China in bilateral trade talks. Some want those U.S.-China trade disputes quickly resolved. But the theft of ‘intellectual property,’ of corporate or even governmental secrets, cost hundreds of billions of dollars a year for American businesses. Furthermore, millions of records of former or current federal officials were reportedly hacked by the Chinese, as the following media and others reported.

 

HacksFederalComptuersbyChineseHackersDailyBusinessNewsMHproNews

 

Other nation-states directly or through third-parties have hacked the information of citizens, companies, and governmental offices.

Yet in the U.S.A. today, it’s Russia that’s demonized more than China, North Korea, or other countries like Iran. Why?

Does anyone recall that Iran’s nuclear program was supposedly delayed by a piece of malware planted by the U.S. and/or Israel? That’s only a point-of-fact made to say that some cyberwarfare tactics are used by all; it is not to say that the U.S. does some of what China or Iran does.

There’s the language of diplomacy, which is often polite. We hear President Donald J. Trump call Communist China’s President Xi his friend. Really? But it’s a bit like Presidents George W. Bush or Barack H. Obama avoiding the use of the term, “radical Islamic terrorist.” Agree or disagree, but those usages are commonplace in public speaking by leaders. They are often not done as a lie. Rather, it’s a means of politely avoiding a difficult reality. Those who’ve used or avoided certain terminology may sincerely think it is to avoid harmfully stirring up public sentiment.

Mature people have to read between the lines. Tim Williams’ given name is TIMOTHY. Is that a lie, for him to go by Tim? Absolutely not. When James Clayton goes by Jim, does that harm another person? No.

MHProNews does not go after silly or private details that mean nothing to a reasonable person. Rather, we focus on issues that impact the industry, and thus should cause concern, alarm, or may legally be actionable.

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.

 

The Tech Giants

The infographic chart below reflects what information is being collected on you by which tech giants.

Yes, on you.

WhatTechCompaniuesSocialMediaKnowAboutYouFAANGDailyBusinessNewsMHProNews

Click here to see this full sized.

 

It may be legal. But we as a society have gotten into certain habits. A pop-up box appears on a small or larger screen. It asks us to accept the “terms of use,” which are dozens of pages of legalese long. When was the last time you read those? If you want the ap or service, you click “yes,” and go on.

But that “yes” to tech is arguably to some degree a conditioned response. A shrewd attorney, a sympathetic arbitrator, judge, or jury might invalidate that consent, because that “yes” wasn’t fully informed.

The tech giants wield enormous financial and information power over millions in America and billions more around the world. Those companies – the FAANG brands, that we reported in our market report last night as sliding – are products and services that are so commonplace in our society, that tens of millions don’t question them.  ICYMI, you can circle back later and get more details.

 

Investor Fright Bites FAANG, Drags Equities, Plus MH Market Updates

 

A relatively small amount of money from Russia reportedly was spent in the 2016 campaign as disinformation on Facebook. It included both pro- and anti-Secretary Hillary Clinton and/or Donald J. Trump information. Might it have misled a few voters? Not enough to swing the election, or even come close. Who said? Then President, Barack Obama.

Yet because of some segments of mainstream media, as well as some of those tech giants, there are large swaths of the public that believe that actual votes were changed – voting machines or ballots – and that mistakenly think that Donald J. Trump ‘stole’ an election.

1430 AM reports that a new survey by the Economist/YouGov stated that over 40 percent of Americans believe that Russians changed actual votes. That’s not true.  Even former President Barack Obama said at the time that it wasn’t even possible to do that kind of election hack.

Since that statement by the former 44th president, Assistant Attorney General Rod Rosenstein and others have said that no votes in the 2016 election were changed by Russian interference.

 

AstAGRodRosenstienNoVotesChangedDailyBusinessNewsMHProNews

 

Almost no one speaks about concerns over how former President Obama and then Secretary Clinton allegedly attempted to influence a Russian election, against Vladimir Putin. It’s all part of a tit-for-tat that the U.S. and Russia have done for years. Or how millions of Israelis and Brits fumed when former President Obama made statements that they felt attempted to influence the election of Prime Minster Bibi Netanyahu, or the Brexit vote.

What’s the common point? All of the above are real issues and concerns, and they relate to widely held misinformation. Each of the above notions could be confirmed with a few simple fact checks.

But what’s sinister and impacts our manufactured home industry – and tens of millions of Americans – is how misinformation or misleading postures are used day-by-day within our industry, and inside of our nation. Or how conditioned responses can cause people to give away information that most would deem private.

Manipulation and misinformation have been made commonplace.

Let’s go back to that list of 7 billionaires who supported Democratic candidates in the 2018 midterms.  It includes Berkshire Hathaway Chairman Warren Buffett. The list below doesn’t include George Soros, Michael Bloomberg, Tom Steyer or other billionaires who don’t happen to be in Forbes top ten billionaires, but who nevertheless supported Democratic or socialistic candidates in U.S. elections.

 

ForbesTOP10BillionairesPartyPoliticalSupportTendenciesManufacturedHomeLivingNews

The Democrats are not the same party that they used to be. Neither are the Republicans. Democrats have tilted socialist, and many say so openly.

 

That list of the top ten billionaires includes not just people with enormous wealth, but also those who wield influence over information, media, education, and/or other facets of American life.

It’s for that reason, numbers in our industry – and millions beyond it – are realizing that only the breakup of those oligopolies and monopolies can protect our American Republic.

Note that we didn’t say ‘democracy.’ Yes, there are democratic – direct votes, by the people – elements to our nation. But by law, the U.S. is a Republic. When we pledge allegiance to the flag, it includes the words, “and to the Republic for which it [i.e.: the flag] stands…”

Our publisher is a history buff, in fact, he was an multiple award-winning history major, and had a perfect 4.0 in business that he took as his minor. He saw a quote from a 1938 U.S. Army manual that once made the distinction between the false notion that the U.S. was a pure democracy, when in fact our nation is and always has been since our Constitution was established, a Republic.

That distinction is now missing in many forms of public information.

These are facts, facts, facts. There is no conspiracy implied in reciting facts.

But facts are assiduously avoided by some of the most powerful politicians, as well as among some of the deepest pockets of our nation, and others.

There is media influence in Communist China, where the state openly controls information. The communists always have.  Until the Chinese leadership are forced by circumstances to do otherwise, they will likely will continue to control the flow of information. It makes controlling some 1.4 billion people easier.

There is media influence in America. That control is imperfect, compared to what exists in China, because there is still freedom here. There are conservative, centrist, and leftist media outlets in America. That’s one reason why MHProNews periodically trots out the left-right media infographic, shown below.  It helps readers spot the possible agenda of the source.

 

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/

 

 

A Cult of Personalities 

The New York Post said that the Obama’s are becoming a billion-dollar brand. Not unlike the Clintons, they have established a foundation. Also akin to the Clintons, the Obama’s command a large speaking fee.

The New York Post says that the Obamas have some $50 million they will earn from an agreement with Netflix. There’s another $65 million in the estimated value of book deals. Here’s how they stated it, ”In addition to a $65 million book advance and an estimated $50 million deal with Netflix, both of which she [Michelle] shares with husband Barack Obama…”

Michelle is on a high profile book tour. A common factor, says EIB Network talk show host, Rush Limbaugh, in book deals with major names are requirements to do publicity events. TV, radio, live or canned events are arranged with the ‘author.’ Those ‘author’s’ often have ‘ghost’ or other writers and editors in the mix. No one thinks ill of having an editor or ghost writer.

But where the concern should be is these questions.  Why would someone pay such enormous sums simply to have people speak? What message are they sending? Why are they being paid so much? Who gains from their speaking and fame?

 

Glitches…

You can fault MHProNews for typos or a glitch. You may or may not like every topic that we tackle. Or how we frame an issue. Our sole defense is the truth that we put out more content by far than any other MH industry trade media, plus we are doing professional services and client work too, day by day. On slower days, our publisher and editor goes back and re-edits some long columns like this one, just in case.

But on the facts and evidence, we want it all to be accurate and fair.

On each subject, we strive to bring facts, evidence, reason, and ethics into the discussion. Those issues are ones that matter to every one of our industry’s homeowners or to thousands of independent businesses. It’s also important to the millions of Americans who ought to be our industry’s customers, but have been misled into thinking ill of our housing option.

We source across the left-right media divide – and from public officials, or industry sources – for very specific reasons. First, there is the ancient “wheat and chaff” principle. Wheat must be separated from chaff in nature, before wheat is consumed. Ideally, in sourcing a story, the chaff is threshed out, and the wheat is retained.

By citing sources, if a factual error creeps in, then the cause is known. It’s what a good journalist or researcher should always do.

Manufactured homes are a fraction of the price of conventional housing. But the Manufactured Housing Institute (MHI) misstated that savings a few years back, in advertorials that they paid to have published. Why did MHI pay for that deliberately misleading information in the first place?

After MHProNews repeatedly spotlighted that issue, MHI eventually pivoted away from that, and now they have an infographic that includes a much better visualization of the savings between a conventionally built single-family house and a modern manufactured home. In doing so, MHI correctly pointed to the U.S. Census Bureau data to achieve that comparison. Good, the source was correctly cited.

But where was their acknowledgment or apology to the industry for their advertorials that misstated the savings? Those inaccurate advertorials are still online.

 

 

MHI brags that millions could have seen those stories they paid to place in various news sources. Misleading statistics were used, that readers can still stumble upon.  See the MHI infographic, below. Is that misuse of information emblematic of a larger problem at MHI?

 

ManufacturedHousingInstituteMHILogoMHIInfographicSnapshotFactCheckDailyBusinessNewsMHProNews600

 

Why does MHI posture one thing, when they have at various time done quite another? Why all the razzle dazzle, instead of actual performance that can be measured in new home sales? Are MHI’s top 3 staff leaders inept?  Or is there a method and purpose behind that MHI staff leadership madness?

On MHI’s website today, Joe Stegmayer is still listed as their chairman (see graphic, further below). A few years ago, Triad Financial Services President and CEO – Don Glisson, Jr. – stepped aside from being MHI Chairman over a relatively nothing issue that involved blogger George Allen. The issue, per several informed sources, was whether or not Allen would be allowed to speak at an upcoming MHI event. Sources at MHI told the Daily Business News on MHProNews that some staff were strongly opposed to Allen speaking at the event.

But Allen claimed he had been promised a speaking slot.

So, then MHI Chairman Glisson, per those sources, offered a compromise. Give Allen an early morning speaking spot, to keep the claimed promise to the now former community owner and blogger, and thus also limit his exposure to the minimum number of MHI attendees.

That arguably elegant compromise on Allen speaking reportedly brought on a revolt by some, including higher level MHI staff. Why?

Mr. Glisson stepped aside in frustration, essentially saying, ‘I don’t need this aggravation.’

Glisson made no public outcry. He just quietly stepped aside. For those present when that step-down occurred, one minute, Glisson was present, and suddenly, after his decision was shared to select people, he was gone.

Nathan Smith then became MHI Chairman. Later, when TV ads of Smith for SSK Communities reportedly were in violation of federal regulations, did Smith step down? No. When a legal class action was begun by a number of SSK Communities residents, did Smith step down from his role as MHI Chairman? No.

When Tim Williams later became MHI Chairman, and certain troubling reports about Berkshire Hathaway brands in manufactured home lending practices from the Seattle Times became public, did Williams step down? No. When those same Seattle Times reports pointed a finger at Clayton Homes, did Clayton’s Tom Hodges step aside and remove himself from the MHI board? No.

So why would mere allegations about possible SEC violations cause Joe Stegmayer, a former Clayton Homes division president, to step aside as MHI Chairman today? Others cozy with Berkshire Hathaway stayed on. Why should Stegmayer be any different?

 

2018-11-20_1350MHILogoManufacturedHousingInstituteMHILogoDailyBusienssNewsMHproNewsJoeStegmayer

 

The above is telling. Triad’s Glisson has a well earned reputation for being honorable. His firm’s sound business model in manufactured home chattel lending thrived while others in manufactured home lending collapsed in the early 2000s. Track records matter.

MHProNews isn’t saying more or less than what the facts or track records reflect.

How many times has MHI had to pivot from an embarrassing posture? Several, in just recent years, as carefully readers of the Daily Business News know. Where was the transparency that the late Howard Walker said should exist at MHI, that the ELS Vice-Chairman said existed at their publicly traded company?

 

HowardWalkerPhotoELSViceChairmanManufacturedHomeCOmmunitiesManufacturedHousingInstituteExecCommitteeMemberQuoteTransparencyMHProNews

Thoughtful words, worth pondering. 

 

Why won’t Cavco reveal which stock is in question involving Stegmayer and the bombshell SEC probe? Won’t that information come out, sooner or later?

If Cavco can’t say so publicly, due to some SEC reason, and the SEC won’t reveal it either, why doesn’t Cavco not bluntly say so? Why do they use more nuanced, but evasive, language?

Why did Third Avenue Value Fund (TAVFX) sell off all of Cavco’s (CVCO) stocks recently?  Why don’t others in MHVille trade media raise or report on such problematic issues?  ICYMI, or want to later share those details with others, see the report linked below.

 

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

 

Are there not sufficient reasons for Stegmayer to step aside from his leadership role at MHI?

What is MHI doing to and for our industry’s image or on regulatory issues anyway? How much of what they do are just a fig-leaf – posturing?  Isn’t the bottom line that manufactured home shipments are still at record low levels, a decade after the 2008 meltdown?

 

Figure1MobileManufacturedHomeSalesSHipmentsVsExistingingNewHouseSalesManufacturedHousingiinudstryDataMHProNews

There are a growing number of industry voices that believe that BH/CMH and MHI have by various action/inaction has kept manufactured home sales at historically low levels. Evidence? See Related Reports and videos, linked below, which quotes and cites BH, MHI, CMH, 21st Mortgage Corp, and other sources.

 

Facts matter. As a comparison, why are RVs roaring, while HUD Code manufactured homes are snoring?

 

RVsshipmentsTrailedMH1998WinnebagoDailyBusinessNewsMHProNews

KennyLipschutzQuotePoorJobOfLobbyinginMHIndustry-postedMHProNews48thMHINCClist

 

“It’s a Disgrace

President Donald J. Trump has said and done some things that are less than pure. He said prior to his election that he used the rigged system himself, which is why he could fight it – because he knew it first hand.

In short, he was self-revealing.  He’s not claimed to be what he’s not.

Millions mistakenly believe something totally untrue about Russia and the Trump Campaign, if that recent poll noted above is accurate. Again, millions were wrongly led to believe that votes were changed. That was accomplished by merely repeating a false impression for days, weeks, and months on end. Recall that in 2017, Project Veritas had an undercover video with a CNN producer that revealed that the Russia Collusion story was a “nothing burger.” But that same CNN producer said that Russian collusion was good for ratings. Welcome to fake news?

That lie or deception about a phony Russian collusion doesn’t mean that everything CNN does is a lie. But it does mean that what CNN or others in media do must be scrutinized.

Fox News isn’t perfect either. They have people or hosts on that can use claims that likewise are incorrect or even deceive, but at least they often show both sides of a given question.

The answer isn’t to throw up one’s hands and not watch news, or not vote, or not be engaged. That’s a fine outcome for those who arguably pull the strings of millions by media and tech manipulation. Those who are not engaged in solving the problem are de facto a vote for those who are engaging in deceptive and manipulative practices.

The ubiquitous Drudge Report ran a headline quoting from President Trump recently that said that he likes to ‘tell the truth as often’ as he can. Wow.

There are things that world leaders know from intelligence and other sources that they don’t tell their populations. It’s been that way for centuries before the printing press. It is also so since the modern internet, broadcast or cable eras.

The point?

The broad brush of what is real is knowable, but it requires a little common sense, some understanding, a bit of history, etc.

HumanitiesValueBuisnessCriticismDissentWhenGoingAlongGetAlongWhereWhistleblowersDiscouragedBadThingsHappenBusinssesImplodeMarthaCNussbaumPhotoQuote

Design by MHProNews.

 

What a Fed Said to MHProNews

Federal investigators have been on the Berkshire Hathaway trail for years, per the Seattle Times, and reports from federal sources to MHProNews. Warren Buffett himself admitted to being questioned about why he sold out his stocks in Fannie Mae prior to the meltdown.

 

Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory

 

So, when a federal investigator said to our publisher recently would be no surprise to those who have closely followed this periodic series on MHProNews.

In essence, without defending Buffett, that investigators said that what Buffett – whom one of those investigators referred to as “the Oracle of Omaha” – is doing in manufactured housing, is occurring in other industries too.

Put differently, that Fed said is that what is occurring at MHI, and our manufactured home industry being consolidated by manipulation of the system by major players is only a subset of a greater problem.  Our publisher agreed with that agent.

But that is also why for several years, MHProNews has spotlighted issues outside of MHVille.  Those elements of the FAANGs, for example, either parallel and/or are interconnected to what has purportedly developed in our industry.  Further, as our reports have noted, FAANG firms not only daily touch MHPros and manufactured home owners, some of those same tech giants are getting involved in factory-based construction too.

 

Where Left, Right, and Center Might Agree?

There are voices in the Democratic Party, in the political center, and on the right that are seeing the threat to the nation from big tech. Some believe that Berkshire Hathaway plays a role in that monopolistic/oligopoly threat too, as the federal investigator referred to above, implied.

DougRyanAmericanBankerManufacturedHousingMonopoly-postedDailyBusinessNewsManufacturedHousingIndustryProNews

Just one of numerous examples of articles in the mainstream media, about Berkshire Hathaway’s manufactured housing units. FYI, there will be a report, perhaps next week, on Prosperity Now, which was previously known as CFED. Doug Ryan is pro-manufactured homes, but takes issue with several things in manufactured housing – a mixed bag for the industry.

 

There are areas that the 45th President, Donald J. Trump – who has called the Mueller probe a “witch hunt” and “a disgrace” – can work with Democrats and Republicans on that could benefit the vast majority of the nation. Breaking up monopolies is – on paper – one of those areas. It may be the most important one.

 

 

HowClaytonHomesMakesMoneyAustinFrerickTwitterOpenMarketsDailyBusinessNewsManufacturedHousingIndustryMHProNews

 

Open Markets Austin Frerick argued that monopolies are the most important issue facing America today.  See two of several tweets by Frerick, above and below.

 

AustinFrerickOpenMarketsAntiTrustAntiMonopolyClaytonHomesWarrenBuffettPredatoryLenderMinoritiesMoreDailyBusinessNewsManufacuredHousingIndustryMHProNews

 

AT&T’s breakup in the 1980s under antitrust action by the federal government was arguably good for the country. The breakup of Berkshire and those FAANG companies could similarly be good for our industry and the nation too. Phone service didn’t end, it got better after the AT&T breakup. Breaking up the monopoly/oligopoly of FAANG and Berkshire could – similar to AT&T’s breakup – lead to a renaissance in American small business, and for our industry too.

 

ScottGallowayNYSternUniversityL2AntiTrustAntiMonopolyDailyBusinessNEwsMHProNews555

 

Note that federal sources tell MHProNews that their investigations include public officials for possible malfeasance.

Pam Danner, JD, are you reading this today?  Just asking…

…and the industry should ask why Danner was given de-facto support and purported cover by MHI.

 

pam-danner-hud-code-manufactured-housing-program-administrator-mhi-2014-summer-meeting-indianapolis-in-alexander-hotel-(c)2014-mhpronews-com-

Pam Danner, JD, HUD Code Manufactured Housing Program Administrator, credit, MHProNews.

 

MHI’s Response to MHProNews and their Naysayers

As part of MHI’s response to our reports and analysis, we have several sources that said that they were pressured not to advertise with MHProNews. Huh? At the time, we’d been a member for years, and had been praised numerous times for our “News, Tips, and Views That Pros Can Use” © coverage by MHI leaders.

George Allen, who at various times was persona non grata at MHI, and other ‘friends’ of MHI have allegedly attempted a smear campaign against our publisher. That has taken place over a period of years, along with others connected to MHI, per sources. Our L.A. ‘Tony’ Kovach addressed that matter directly to Kevin Clayton, Tom Hodges, the top 3 MHI staffers, federal investigator/officials in Washington, D.C., and others. That email is shown below.

 

KevinClaytonTomHodgesDickJennisonLesliGoochRickRobinsonMHIClaytonHomesDailyBusinessNewsMHPronews

Suffice it to say for now that neither the Berkshire Hathaway brands, not MHI, did as requested. We documented that they received this and other messages, and provided the same to officials as noted above. The above began after a report linked here was published, but that may or may not be a coincidence. 

The above has also been provided to federal investigators, who as previously noted, had already been looking into the matters at MHI, and how they relate to Knoxville and Omaha.  That’s been going on for several years.

There will be a special Masthead possibly tomorrow evening. Tune in and check it out, won’t you?

 

 

The World Didn’t End…

When Legacy Housing, an MHI member, advertised their events last fall on MHProNews, did that doom them? Hardly.

Instead, they had two successful fall events.  That is to be expected when you market via the runaway most read-publication in the entire industry. In their public filings for an IPO with the SEC, Legacy Housing said they had their biggest backlog in their firm’s history.

 

Legacy Housing IPO, Lending Tree, & New HUD Ruling Updates

Arguably, those who get spotlighted on MHProNews not only benefit from the exposure, but they are safer from the FAANGs, Berkshire’s and MHI’s of the world.  Again, for some evidence of that, see the upcoming Masthead.

  • Sound information,
  • the rule of law,
  • access to capital,
  • placement,
  • lending, and
  • a level playing field will liberate manufactured housing.

There is, to be accurate, both subjective and objective truth. For example, you may like mustard and ketchup; our publisher dislikes both of those. Those are subjective truths, and in those matters of taste, your truth and ours can collide, but that’s harmless.

Then there are objective realities.

Has MHI failed the majority of its own members?

Several voices at various times have called them out for exactly those kinds of problems. A partial list is insightful.

  • Frank Rolfe,
  • Marty Lavin,
  • Bob Crawford,
  • NMHCO leaders,
  • Titus Dare, and
  • even the MHI exiting president, Chris Stinebert,

among others.

Perhaps because MHProNews has pulled those and other disparate voices into one place, MHI and several Berkshire brands have purportedly targeted our publication for elimination. If they could have disproven our claims, why didn’t they?  So instead of disproving our concerns and allegations, they go after sponsors, or resort to phony smear tactics?

For those who grasp the reality of the concerns, ponder this. Smoking Gun 3, or more recently, the detailed report linked below, reflects a series of facts. Money and evidence trails are apparently difficult for them to deny.  Each fact-based, logic-laced report arguably points to this Occam’s Razor style conclusion.

MHI and their Berkshire brands try to pick winners and losers in our industry.

Why did MHI publish a community count data that agreed with MHVillage, instead of Frank Rolfe’s or George Allen’s manufactured home community totals or estimates? Favoritism? Winner and losers?

 

Frank Rolfe, Dave Reynolds, George Allen, Manufactured Home Community Controversy Continues

Why are MHAction – paid via various money channels by Warren Buffett, George Soros and other deep pockets on the left – targeting

  • ELS,
  • Rolfe & Company,
  • and Blackstone?
  • Why don’t they target Tom Lackey and his defenders/trainers?

The truth is there, to be found, when one follows the money and the evidence trail.

But it takes time to ferret out the facts. Then it takes time to frame that truth in ways that make sense to a growing numbers of industry professionals and investors.

We’ve come into the holiday season. Thanksgiving is almost here. We’ll see if or how much readership might take a short break. But normally, if so, it’s usually a modest one (about 10 percent). Our competition in MHVille trade publishing would only dream of having that potentially modest fall off as being their total readership.

That’s true despite the reported dirty tricks by those who don’t want reports like this available.  But our readers see the value.

 

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

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

 

When your opponents uses the tactics of:

  • Duck
  • Dodge
  • Dismiss
  • Detract
  • Distract and
  • Defame

SpinMisdirectionRedHerringDuckDodgDismissDistractDetractDefame6DsManufacturedHOusiungInstitute

you can guess that as a publisher, you are over their targets, catching flak.

And you, faithful reader? Knowledge is potential power. Use it, share it, and base your decisions upon reality, not illusions, lies, or costly faked impressions.

If they drove thousands of others out of business or who sold out for less, then, why would you think they won’t do it to you, too?

Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples

Thus

  • MHARR – which sticks to facts, facts, facts and rarely has to pivot, exists for independent manufactured home producers; and
  • the new NMHCO trade group for communities, have or are forming.

 

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

Will independent retailer and other MHVille professionals rise up, as NMHCO is striving to do?

The time to prepare for 2019 and 2020 are now. Reports like this are wake up calls.  Don’t just read, use the information, double check the facts, and then plan accordingly. “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.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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.

 

Related Reports:

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

Due Credit, Warren Buffett, Media, and Manufactured Housing’s Historic Achievement

November 1st, 2018 Comments off

 

DueCreditWarrenBuffettMediaManufacturedHistoricManufacturedHousingAchievementDailyBusienssNewsMHProNews600x315

What we learn from history is that people don’t learn from history,”

–        Warren Buffett, per MarketWatch.

 

Chains of habit are too light to be felt until they are too heavy to be broken,”

– Warren Buffett, per Brainy Quote.

 

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves – and the better the teacher, the better the student body.”

–        Warren Buffett, per Brainy Quote.

 

I just read and read and read. I probably read five to six hours a day.

Warren Buffett – according to the Business Quotes.

 

I want them [the Berkshire Hathaway CEOs] to judge every action by how it would appear on the front page of their local news paper, written by a smart but semi-unfriendly reporter, who really understood it, to be read by their families, their neighbors, their friends. And it has to pass that test

Warren Buffett, according to the Business Quotes.

 

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

– Henry Ford, per Brainy Quote.

 

You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time.”

 

–        Abraham Lincoln, per the Quote Investigator.

 

America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we [some fellow Americans] destroyed ourselves.”

–        Abraham Lincoln, per Brainy Quote.

 

You can’t always get what you want. But if you try sometime you find you get what you need.”

– The Rolling Stones, song lyrics, per YouTube.

 

Never invest in a business you cannot understand.”

– Warren Buffett, per MarketWatch

 

Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” 

– Warren Buffett, per MarketWatch

 

Notice: There will be certain relevant
disclosures at the end of this post,
plus linked related reports below the by line.

 

Give Warren Buffett his due.

 

The man is smart, and successful. Friends and foes alike can admit that fact. Mr. Buffett is well read. He is patient. When he sees a good opportunity to buy in an industry that makes sense, he strives to get a bargain when he can.

Those are all principles that Buffett himself has stated at various times. Not unlike the 45th President – Donald J. Trump – Warren Buffett has made himself accessible to the media for years.

But Buffett, unlike fellow billionaire turned President Trump, has owned several media outlets, some for many years.

Mr. Buffett has written in recent years about synergy at Berkshire Hathaway. Synergy is not a novel concept to one of the world’s richest men.

Misinformation – misunderstandings about manufactured homes – are among the larger challenges that the industry has. There is also an unjustifiable stigma about manufactured homes. Media is uniquely poised to address those issues. As Bloomberg exemplified earlier this, there are times when manufactured housing gets favorable and fair media coverage.

An important question should be, why doesn’t the industry get favorable media more often?

Before proceeding, let’s note Buffett is the well known chairman of Berkshire Hathaway, which owns:

 

–        Clayton Homes,

–        Vanderbilt Mortgage & Finance,

–        21st Mortgage Corp.,

–        Shaw Carpeting,

–        NAI – the Joanne Stevens led manufactured housing brokerage company,

–        along with other corporate and media interests that are captured in this next infographic.

 

WarrenBuffettBerkshireHathawayEmpireDailyBusinessNewsMHProNews

Click here to see full size version of this infographic.

 

WarrenBuffettEmpireHowItWasBuiltPrinciplesPracticesVisualCapitalistFinderMHProNewsLogo595x10433

 

Among those holdings by Berkshire are the BH Media Group. There are some 31 newspapers all told.

As anyone who follows Buffett and Berkshire knows, he can get on television virtually any time he wants to do so. CNBC has fawning coverage of Buffett. At times, so does Fox Business.

But back to the point.

If misinformation and misunderstandings are part of the Manufactured Homes (MH) Industry’s challenge, and Buffett understands the power of synergy between units of Berkshire, that raises a question. Given his gifted mind, why hasn’t Buffett’s BH Media Group done a campaign of favorable media coverage for manufactured housing?

Let’s use but one example from 31 that Buffett’s brands own to make the next point.

 

OmahaWorldHeraldMobileSearchMobileHomesDailyBusinessNewsMHPronews

 

The above are screen captures of articles run by Omaha, the Omaha News Herald’s online edition, a BH Media Group paper in Buffett’s headquarters city. You might think of Omaha as his flagship publication, although he owns others with large readership, such as the Tulsa World too.  They are mobile Google searches from yesterday, at the date and time shown, from Berkshire’s Omaha news website.

The first search above uses the term “mobile home.”

The second search used the term “manufactured home.”

 

OmahaWorldHeraldMobileSearchManufacturedHomesDailyBusinessNewsMHProNews

 

Is it possible that Buffett has missed the importance of using correct terminology? So why would Buffett allow his own newspapers to allow misinformation about the industry to continue?

Hold that thought for now, don’t forget that they are failing to correct what they have the resources to properly inform millions. That said, let’s press on.

 

What Buffett’s Allies Missed

In fairness to Mr. Buffett, there are certain things that Warren Buffett’s minions in manufactured housing could not have anticipated. Those will be covered in part in the disclosures, near the end of this post.

But let’s note for the moment the quotes at top, above.

Buffett’s own words clearly state that he believes most normal people would have given up reading an article like this already. Quotes like the above, and others from “the Oracle of Omaha,” indicates that he counts on professionals like yourself most not doing too much reading.  He teaches his unit managers certain principles, explains Kevin Clayton in the video above.

Put the quotes together, and the Berkshire brands count on most people avoiding details, and critical – meaning, analytical – thought.

Buffett also believes people have little or no interests in history, which along with reading, he finds quite useful and profitable.

Buffett also thinks people are chained to their habits. Sadly, he’s normally not incorrect. Will you be the exception?

Put those Buffett principles and his strategic “Moat” principles together, and it means that people – even intelligent professionals like yourself – can be manipulated, and financial advantages gained.

In a recent annual letter, Buffett quipped that Berkshire had 3 percent of the real estate brokerage market, which generated $1.3 billion in volume, adding “That leaves 97 percent [of the real estate market] to go.”

That 97 percent wisecrack was spoken like a true monopolist. In manufactured housing, he’s at or over 50 percent, in just 15 short years. The brokerage jibe was stated as matter of fact, but could also be construed as a jest. Thus, it’s brilliance, if he were ever asked to testify about the matter – or others – before the Federal Trade Commission (FTC), Congress, FBI investigators, or a Department of Justice (DOJ) attorney.

Because as Bloomberg reported – and the Daily Business News on MHProNews spotlighted last year, the one thing that Warren Buffett fears is the breakup of Berkshire Hathaway. More on that later.

FEDs, MHI, Buffett’s Berkshire’s Clayton Homes Moat, Affordable Housing, and Billion$ in Manufactured Home Market Manipulation

 

Non-Profits, Foundations, MHVille, Professionals, and You

Kevin Clayton, President and CEO of Clayton Homes, was considered for a time as a possible successor to Buffett as chairman of Berkshire. In a puff video interview of Kevin Clayton shown below, not a word of Clayton’s or his friendly interviewer’s has been edited or altered. But text commentary and some images have been added, to put context and facts to what is said.

 

 

That combination of Kevin’s words, plus text that mention published MHProNews reports makes this video a powerful tool.  The video and Smoking Gun 3 are a must to understand how once-powerful firms in our industry have vanished.  Others re-emerged only after bankruptcy, and today, only some 20 percent of manufactured housing production is from the vast majority of manufactured home builders.

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

 

The principles he’s used have created what Maxine Waters (CA-D), and others have called a monopoly or near monopoly.  Look at the trend line, noting that more details – including extensive quotes from Buffett and Tim Williams of 21st Mortgage Corp, are found in the report linked above.

 

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNewsClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2011DailyBuisnessNewsMHanufacturedHousingIndustryProNews

ClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2017DailyBuisnessNewsMHanufacturedHousingIndustryProNews

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

Graphic by MHProNews, using information provided by each corporation, or named entities.

EricBelksyManufacturedHousingIndustryManufacuredHomeManufacturedHousingInstituteResearchDataAffordbleHousingMHProNewsDailyBuisnessNews575

Why did Belsky miss his predicted date? Because it came before Buffett’s entry into MH? See Smoking Gun 3.

 

Tim Williams, 21st Mortgage, and former MHI Chairman…

Our publisher, L. A. ‘Tony’ Kovach was for some time quite chummy with Tim Williams, and Richard ‘Dick’ Jennison. Each of those two praised MHProNews and MHLivingNews. They can’t deny that, so they don’t.

TimWilliams21stMortgagePublicationDailyBusinessNewsMHProNewsMHLivingNews

To see the full on-the-record statement by Williams to MHProNews, click here.

 

Jim Clayton, the founder of Clayton Homes and Clayton Bank, praised 21st’s Tim Williams. Williams, per Jim Clayton, is likewise a brilliant, gifted and disciplined professional.

Notice that in none of our analysis or fact-checks of Buffett, the Claytons, Williams, MHI top staffers, or others in the mix does either MHProNews or MHLivingNews go beyond the facts, evidence, credible allegations – and so notes them.  We don’t not use ad hominems or other cheap shots. Rather, we follow the facts, logic, evidence and the money trail. That’s prudent. That is the basis for credibility. That’s part of the reason why, we’re told by credible sources, hundreds of the top industry leaders are regular readers of MHProNews, plus thousands of the small-to-mid-sized businesses.

Competitors are also among our strong readers, again, per messages forwarded to us by their followers.

LATonyKovachMHProNewsMHLivingNewsMHINoJournalistPhotoNCCPostedDailyBusinessNewsMHProNews

When these signs were first introduced, top MHI staff claimed it was aimed at ‘outside’ media, not ‘industry media.’ What caused their change toward a dues paying association member? What message does it send to others in the association? What message does it send to the industry at large? Is MHI trying to create a de facto industry trade media monopoly?  Other monopolies too? L. A. ‘Tony’ Kovach, publisher, holding the MHI poster.

Until MHProNews, there were no manufactured home industry trade publishers that seriously did the kinds of fact-checks that we have done for years now. That doesn’t diminish the others who blog, or publish. It’s simply a statement of fact. The significance will be clear, further below.

It should be noted that about 18 months ago, the Berkshire dominated Manufactured Housing Institute (MHI) directly and through purportedly outside counsel threatened MHProNews on a number of issues.  We were a dues paying member at that time. Our reply was to call their bluff. After a brief flurry of direct and indirect activity, Berkshire dominated MHI decided to go quiet.

But what MHI has been doing is obliquely dealing with issues that the Manufactured Housing Association for Regulatory Reform (MHARR), and/or MHProNews have publicly raised in writing. On topic after topic, MHI has had to pivot.  They don’t admit it as such.  But they’ve come to realize that fact-checks of MHI, of Clayton, of 21st or other Berkshire brands are taking their toll on the industry’s perceptions.

How is that known?  In part through third-party data which reflects a surge of traffic on MHProNews in the last 12 months.

 

 

Others in MHVille Claiming Harm by MHI, Berkshire Brands

 

A growing number of manufactured home professionals have met with, called, or messaged MHProNews’ publisher, and told their personal tale about the ways that “the moat” was – and related – was deployed against them.

At the proper time, and in the proper venue – no doubt after the midterms – those third-party stories will be told.

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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.

 

What Buffett feared, a skeptical journalist that seeks the facts in MHVille, is something that Buffett, Clayton, and Tim Williams/21st didn’t count on.  How could they have known that our publisher, who:

–        has an award-winning university background in history,

–        earned a journalism scholarship,

–        studied business as a minor,

–        later entered the manufactured housing industry, earning numerous awards,

–        would after some 15+ years in the trenches of the industry, would launch this publication?

–        Who else besides someone who understand the industry well, still does consulting and services, could have pieced together the various elements of the puzzle that has caused experts to wonder why manufactured housing has struggled, while RVs, conventional housing, and automotive – among others – have grown substantially?

Williams himself, says our publisher, intentionally or not gave certain clues that resulted in some of these reports.

So too did Richard ‘Dick’ Jennison, MHI’s president.  Jim Clayton shared insights that are going to be upcoming in the days ahead.

Then, there is the ongoing study of Warren Buffett himself.  Hold those thoughts.

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Buffett’s Berkshire Empire, and the Intersection of Politics and Money

It is not new that money influences politics, and vice versa.

It is not new that most people only lightly follow the news, much less politics. So knowing patterns of behavior – plus the machinations purported in Smoking Gun 3 and other reports – Buffett’s men in manufactured housing have had an advantage over almost everyone.

That was true until Tim Williams, Dick Jennison, Lesli Gooch – among others – statements and actions sparked the curiosity of our publisher.

It was something Buffett may not have anticipated.  In fairness, how could he?

Buffett purportedly knows that the Trump Administration – and potential antitrust actions – are arguably the biggest threat to his operation. There are, per federal and other legal sources, already enough published to establish the basis for opening an investigation.

With that understood, and knowing that Congress could play a role in a major antitrust action, can you see why Clayton, Tim Williams, and other MHI insiders are supporting Democratic candidates in key races?

The good news?

Even largely left-leaning media polling reveals that the GOP candidates in several of these races show that the  Democratic/Buffett/Clayton/MHI plays are poised for defeat.

But the votes are not all in, much less counted.

For those who think ahead, as Buffett does, the prudent move is to vote for Buffett’s Democratic opponents.

Otherwise, the nation could return to Obama era politics and regulations. Or MHAction style targeting could be aimed at your firm someday.

But there are other surprising facts we’ve not yet published.  Stay tuned, and sign up for our ‘read hot’ emailed news.

 

 

 

Buffett Berkshire Brands, and the Intersection of Information

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

 

“The Enemies Within,” Pacific Freedom Foundation, Author Trevor Loudon

 

“Distracting Spectacles” Tech Billionaire Peter Thiel on New American Politics, Trump Campaign

 

 

Never Give Up the Con…

Never give up the con,” said Dinesh D’Souza in his acclaimed documentary, Hillary’s America.

You can watch this fascinating video on several streaming services. The teaser is posted below.

 

MHProNews identified 2 years ago documentaries like Clinton Cash that have had millions of views. Why would an ‘honest’ businessman support a political operation like the Clintons?

CNN is among the media outlets that reported federal probes of the Clintons that are underway.

 

 

The author of Clinton Cash, which did a ‘follow the money’ report on their controversy plagued foundation, later released a graphic novel, a teaser on that is shown below.

The point in part is that none of these are secrets.  But who else in MHVille have tied together these various threads, for industry professionals to read or view them?

MHLivingNews – and MHProNews before it – were each launched with the idea that informed and motivated trade media had to be part of the solution for the manufactured housing industry’s growth.

We said at the top that there would be disclosures.  Here they are, and those who’ve read us for years know these to be accurate.

Our publisher, quoting a line from a Clint Eastwood movie, says “a man has to know his own limitations.” Our editing could be more precise, and with more sponsorship, that will occur. Help us, help the independents of this industry, so that more growth will occur.

MHProNews and MHLivingNews evolved on certain topics, so we understand that others will catch up at different paces too.

But at each turn, we’ve laid out the facts as then known.  No one has challenged the facts or allegations. There were too many voices saying similar things.

Our publisher has invited directly and in digital print public discussion of these items on video with MHI or Clayton/Buffett brands, that could be replayed for all to see.  So far, no takers.  Why not?  If there is nothing to hide, why are they ducking legitimate discussion?

The answer may be in part in that Kevin Clayton video, posted above.  It’s purportedly better than a deposition, in this respect. Kevin says things freely, that in hindsight are arguably stunning admissions, from an antitrust perspective.

The midterms next week could be a repeat of 2016.  Democrats have very deep pocket billionaires, like Warren Buffett, pushing their agenda.  Odd that the party that claims to be for taxing the rich, in fact is backed by the rich, isn’t it?  Odd that a party that claims to be against monopolies, has so many oligarchs supporting it?

ForbesTOP10BillionairesPartyPoliticalSupportTendenciesManufacturedHomeLivingNews

 

America went through the so-called robber baron era.  It took federal antitrust efforts to break it up.  The same will be true this time, only the challenge may be greater, since it isn’t just Buffett’s Berkshire that needs to be broken up.  It is also the so-called FAANG companies.

 

ThisIsntAnIndictmentRetributionRecognitionHealthyEconomicCyclePruningFirmsWhenInvasivePrematureDeathWontLetOthersEmergeScottGallowayNYSternProfMarketing

http://www.mhpronews.com/blogs/daily-business-news/ny-stern-universitys-scott-galloway-on-facebook-founder-mark-zuckerbergs-capitol-hill-hearings/

 

And among them are those who are paying lobbyists and even former Barack Obama millions to help their cause in Washington, or to fight for their Democratic candidates on the campaign trail.

 

Draft EO for Trump Administration AntiTrust Order Obtained by MHProNews

 

The next step is easy, for those who want to break free of the purportedly corrupted, rigged system.  Vote for those who back the president who has already drafted an antitrust executive order.

 

Giving Buffett His Historic Due

Our headline and those quotes were all spot on.  Buffett is a smart man. His game has been successful for years. But Team Trump arguably understands what Buffett, and the people behind the FAANG companies, have been doing.

The countdown is coming.  The Trump Administration has been rebuilding the economy.

“Girls of Steel,” 3 Untold Stories of Job Creation, Growing Opportunities for MHVille

In MHVille, we’ve been honored to have a part in spotlighting these issues – and beyond research – our stories have often with the help of third-party news tips.  Please keep those documents and tips coming.  More special reports lie ahead.

The historic irony from the headline is this.

It’s the onetime history major who fell in love with the manufactured housing industry, and others working with him, that has been working to spotlight what and how the ‘big boy’s and their minions could not have anticipated.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

 

Follow the evidence.  Follow the facts.  Follow the money.

 

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Ask yourself. Do these Marty Lavin dictums apply in this case?

 

Then, vote wisely, and get others to do the same. This worked in 2016, and it can work again in 2018.

Either way, more hard-hitting reports with solutions for MHVille will come after the midterms. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

 

“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

 

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

 

Clinton Cash Machine vs. Donald Trump’s Movement – Closing Arguments Video

 

MarketWatch Reports Warren Buffett’s Midterm Campaign Contributions

October 19th, 2018 Comments off

WarrenBuffettKevinClaytonPhotosClaytonHomesBerkshireHathawayBuffettCampaigncontributionsReuterMHProNews

According to research published by MarketWatch, Warren Buffett, Chairman of Berkshire Hathaway, has given 100% of his campaign contributions to Democrats during the 2016 election cycle.  Berkshire has numerous manufactured housing brands, such as Clayton Homes.

 

Company executives often steer clear of any appearance of partisanship, in large part because they don’t want to alienate customers and investors who back the other side,” said MarketWatch.

WarrenBuffettMarketWatchGivingIn2018CampaignDemocrats

 

About 100 CEOs whose companies are components of the S&P 500 have been willing to fly a markedly Democratic or Republican flag in their political giving as individuals during the current election cycle,” said that source.

Because of so-called ‘dark money,’ interlocking directorates, and the like, it can be difficult to ‘follow the money’ when it all of the donations that flows from wealthy individuals, and finds their way into campaigns or activist causes.

DarkMoneyDefinedYourDicitionaryDailyBusinessNewsMHProNews

 

Contrary to what MarketWatch said, Buffett’s political leanings has been rather open for years.  He was a strong supporter of Barack Obama, and Hillary Clinton campaigns too. He denounced Donald J. Trump in several campaign events with Secretary Clinton, but toned it down after Mr. Trump became the president elect.

Jim Clayton, founder of Clayton Homes and Clayton Bank, is among those in MHVille who like Buffett, have deep ties or sway over the Manufactured Housing Institute MHI, who are supporting Democratic Senate and other candidates.

“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

 

Andy Barr has been called a champion of the industry, and Marsha Blackburn supported MHI’s bills too.  So why were these loyalists apparently betrayed by MHI’s power players? By contrast, President Trump has specifically supported these candidates.  Note that it was POTUS Trump, not then President Obama who signed S 2155, that gave manufactured housing some regulatory relief.  And note too that it was former POTUS Obama, that put Dodd-Frank and the CFPB on the necks of manufactured housing, when realtors and the RV business escaped similar challenges.

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

 

Note that MHProNews editorially acknowledges the right of any citizen to use their money in any lawful or moral manner. But part of the concerns being spotlighted here is the industry professionals are being told that MHI is supporting lower regulations.  In fact, in various key races, there has been support for those who would vote for higher regulations, or roll backs of tax cuts, or other anti-growth agenda items championed by President Trump.

PhotoCollageElizabethWarrenHillaryClintonBarackObamaWarrenBuffettDailyBusinessNewsMHProNews

Rephrased, aren’t MHI’s big money players being duplicitous?  Didn’t Tim Williams say that the biggest threat to the industry was the progressive agenda that Jim Clayton, Warren Buffett, Nathan Smith and others are supporting?

 

VicePresidentMikePenceWifeKarenHandOverHeartPledgeColts49ersGameWashingtonTimesDailyBusinessNewsMHProNews

Notice. One can agree with 21st Mortgage CEO and prior MHI Chairman Tim Williams’ presentation, from which the slide above was taken with permission, while still questioning how it came to be that Williams was being intellectually at odds with Berkshire Hathaway Chairman, Warren Buffett. To see all of William’s informative slides, click the graphic above. http://www.MHProNews.com/industry-news/industry-in-focus/is-tim-williams-21st-mortgage-ceo-mhi-chair-at-odds-with-berkshire-hathaway-chairman-warren-buffett

 

Watch for a special report Saturday.  ICYMI or need a refresher, see the related reports, further below.  For those who find it a concern that MHI claims to be fighting regulations, while key power players are giving to those who want higher taxes and more regulations, this is your fact-based follow the money wake-up call. That’s this evening’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Manufactured Housing Institute (MHI) PAC Supports Former Hillary Clinton VP, Senator Tim Kaine, Other Anti-Trump Agenda Democrats

 

Danny Glover, Presidents Barack Obama & Donald Trump, Promises Kept, and Affordable Manufactured Housing

Nathan Smith, SSK Communities, From Mobile Home Resident to Manufactured Home Communities Owner, & Manufactured Housing Institute Leader

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

NBC Video – Federal Authorities Investigating Clayton Homes, Maxine Waters Denounces Lending “Discrimination” Against Minorities

October 9th, 2018 Comments off


NBCWBIRNewsClaytonHomesLogoManufacturedHousingNotMObileHomesManufacturedhomesDailyBusinessNewsMHProNews600

If you thought it was over for Clayton Homes and their Berkshire Hathaway affiliated lending units with federal officials, mainstream media and other sources are telling the Daily Business News on MHProNews that it’s not.

 

 

WBIR, an NBC News affiliate, said Federal authorities are involved in an ongoing investigating of Clayton Homes for possibly discriminatory action against minority borrowers.

 

 

It’s not all a ‘new story’ to MHVille. But it is a continuation of the same or new issues that the Seattle Times, BuzzFeed News, the New York Times, Wall Street Journal, Guru Focus, the Nation, and other mainstream media outlets have spotlighted in 2018, or previously.

ClaytonHomesSubsidiariesDiscriminateLowModerateIncomeMinorityBuyersHighCostLoansLeaveMaxineWatersCA-DClaytonlogo21stMortgageLogoVanderbiltMortgageLogo

Still from the NBC WBIR 2018 video posted above.

This report posted above by a local Tennessee NBC news affiliate doesn’t include Clayton’s denial of the allegation.  But in fairness, other sources have told MHProNews that Clayton later denied the charges.  They said in part that numerous routine audits have turned up nothing.

DiscriminationChargesJimClaytonKevinClaytonFairHousingComplaintWBIRNBCStillDailyBusinessNewsMHProNews

Still from NBC WBIR news affiliate 2018 video, posted above.

 

But their denial statement is arguably misleading, per other mainstream media, Washington D.C. regulators, and manufactured housing industry sources.

2018-10-09_1427SeattleTimesClaytonHOmesBrianSullivanHUSpokespersonDailyBusinessNewsMHPronews

Austin Frerick is a research fellow at Open Markets, a non-profit focused on problems related to monopolies.

MHProNews has heard directly from federal officials, as well as private attorneys, that are exploring these issues, as well as antitrust, or other concerns.

2018-10-09_1416AustinFrerickWSJCLaytonHomesLendingDailyBusinessNewsMHProNews

Austin Frerick is a fellow with Open Markets, an anti-trust (anti-monopoly) nonprofit organization.

Some have told the Daily Business News that many who have been through such federal investigations or civil procedures already know. These investigations and procedures can take time.

HowClaytonHomesMakesMoneyAustinFrerickTwitterOpenMarketsDailyBusinessNewsManufacturedHousingIndustryMHProNews

Rephrased, there can be a quiet before the storm breaks.

AustinFrerickOpenMarketsAntiTrustAntiMonopolyClaytonHomesWarrenBuffettPredatoryLenderMinoritiesMoreDailyBusinessNewsManufacuredHousingIndustryMHProNews

 

Two Sides of the Clayton Allegations Coin

As MHProNews has said, in America, allegations alone are not proof. Thankfully, in the U.S., one is deemed innocent until proven guilty in a court of law, via a settlement, or plea agreement, etc.

At the same time, the other side of the coin is that Clayton has previously admitted to having paid fines in connection with this ongoing allegations and media scandal.

While denying intent, both Warren Buffett and his colleague at Berkshire Hathaway – Vice Chairman Charlie Munger – have said that they don’t doubt that ‘someone, somewhere has done something wrong.’

 

Berkshire’s Munger’s statement to CNN Money of denial, while admitting in his own words that ‘something indeed could have happened with someone somewhere,’ is posted above.

 

Why It Matters to MHVille

For those who recall the glory days of much higher levels of manufactured home sales, rationale people should ask questions like the following.

  • Why is manufactured housing underperforming?
  • Why is the public perception so poor, in spite of an overall record of quality and home owner satisfaction?
  • Isn’t the steady drum beat of such reports about Clayton or MHI part of the problem?

See some related reports, linked below. We Provide, You Decide.” © (News, analysis, and commentary.)

  1. Footnote: The home shown is a manufactured home, not a mobile home. Also, the community is not a ‘trailer park,’ it is more properly a land lease community for manufactured homes.

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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Truth, Trump, Tragedy, Triumph, Affordable Housing, and Manufactured Homes

Danny Glover, Presidents Barack Obama & Donald Trump, Promises Kept, and Affordable Manufactured Housing

October 3rd, 2018 Comments off

 

PresidentDonaldJTrumpBarackObamaDannyGloverPromisesMadeAffordableManufacturedHousing

It’s almost axiomatic.

 

Promises made during a campaign are not always promises kept.

But there is a promise that then Senator Barack H. Obama (IL-D) made during his successful 2008 campaign for the presidency that ought to stand out for all thinking people of independent thought and good will.

Then Senator Obama promised to fundamentally transform America. After 8 years, the U.S.A. was indeed a different place.

Donald J. Trump had never run for any office, but had periodically considering running for the presidency for decades. Like Mr. Obama, Mr. Trump made many campaign-promises.

Every time an investor or professional in manufactured housing – or any other profession – interviews a job applicant, or considers a possible investment, facts are gathered. Those facts are found in resumes, references, and job applications.

In investing, it’s the data and track record about the business or property that are carefully examined. P&Ls, sales, occupancy levels, and other aspects of due diligence aim to give a buyer or investor as close to a real-time and historic snapshot of what is reality.

Reality – the truth – matters in business. Reality can create more certainty, which successful investors crave.

No serious investor wants to put his or her money down blindfolded. Thus, facts and history matter. No smart manager, owner, or executive wants to hire someone without understanding that person’s background, accomplishments, and motivations.

When facts matter so much to hire a candidate for work, or to invest money, why do millions of Americans rely on mere feelings – emotions – or impressions before they vote for someone that could fundamentally change the way their business operates?

Yet that is true for tens of millions who voted in 2016, or in 2008 and 2012. Emotions and impressions mattered more for millions than facts did.  A farmer, and voters, reap what they first sowed.

 

Barack Obama – Remember Hope and Change We Can Believe In?

The list below by Doug Ross at the Journal is only a partial snapshot, but it was largely ignored at the time. Why? Because of what we will call the Danny Glover effect.

Recall what actor Danny Glover said in the highly-awarded documentary movie, Shadows of Liberty.

DannyGloverQuoteItsNotOnlyAMonopolyOfWealthItsAmonopolyofInformationasWellDailyBusinessNewsMHproNEws

Danny Grover quote from the fascinating video documentary, Shadows of Liberty, posted on the linked page above.

 

What needed to be added to Glover’s comment, quoted above, are the techniques of manipulation and how much of the mainstream media favored Senator Obama, and then later, President Obama.  Here’s Doug Ross’ fact-based infographic.

PresidentBarackHusseinObamaTop10Broken2008CampaignPromisesDailyBusinessNewsMHProNews

PresidentBarackHusseinObamaTop10Broken2008CampaignPromisesNo6-10DailyBusinessNewsMHProNews

The national debt and historically high deficits soared during the Obama years. Frankly, the George W. Bush Administration added to it too, but nothing like the record-holder, Barack Obama.  Perhaps the best known broken promise is the one on ObamaCare, documented by it’s own designers as having been based upon lies.  They said so, on video, see the article and details below.

ObamaCare Architect Jonathan Gruber – Lack of Transparency needed to pass ACA

Ross’ data-points are only a partial list, but serves to make the point. President Obama favored government “investments” vs. private investing. That historically is a recipe for corruption and failure, regardless of party label.

 

 

 

Some of the New Manufactured Housing Builders

Jessup, Hamilton, and New Vision are just three of the new builders of HUD Code manufactured homes that have emerged since President Donald J. Trump took over the White House.

NewVisionManufacturedHomesManufacturedHousingAssocOfOklahomaSteveRossPhotoDialyBusinessNewsMHProNews

Look at fairly recent newcomer, Legacy Housing, which is roughly tied with American HomeStar, per the data below. They came into being during the Bush Administration.

#2ManufacturedHousingPositionMarketShareTop8DailyBusinessNewsMHProNews

One of the driving forces that are growing in the next tier after Clayton, Skyline Champion and Cavco is Legacy Housing. They’ve grown rapidly in Texas, and are now doing the same in GA. Part of their success? Its financing, as well as other price point and specialized products.

By contrast, what happened in manufactured housing during the Obama years? We’ll turn to the Manufactured Housing Institute (MHI) data to see.

 

How is it possible that so many HUD Code home builders vanished or where absorbed by larger firms during a growing affordable housing crisis? Recall an expert that MHI used to cite, before the Clayton Homes takeover by Warren Buffett’s Berkshire Hathaway?

EricBelksyManufacturedHousingIndustryManufacuredHomeManufacturedHousingInstituteResearchDataAffordbleHousingMHProNewsDailyBuisnessNews575

Why did Belsky miss his predicted date? Because it came before Buffett’s entry into MH? See Smoking Gun 3.

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

When Harvard’s Belsky said that, manufactured housing production was far greater than it is today.

How did the destruction of so many factory builders occur?

In part, the evidence and reflect that capital and lending were choked off for independents. That forced closures and under-value sales. Recall this tip from a MHProNews reader below, which was signed by Tim Williams, of 21st Mortgage, a Berkshire Hathaway Company.

21stMortgageCorpLogoLetterheadJan302009TimWilliamsRetailersBrokersCutSpecifiedLendingMonopolisticPloyConcernManufacturedHomeDailyBusinessNewsMHProNews

This document was provided as a news tip to MHProNews. See Smoking Gun 3.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, MHI and their ‘big boy backers’ have gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Marty Lavin is a multiple decades successful manufactured home professional, and a keen observer who very must strives to stay abreast of what is happening in MHVille. We’ll share some of his better known quotes in this context. The reason is because his quotes arguably fit.

YouGetMoreOfWhatYouEncourageLessofWhatYouDiscourageMartyLavin

The logic of this statement can be applied to a variety of cases. Discourage lending, and you discourage sales.  Cut off financing to independent operations, and you kill off independent companies. 

ChrisStinebertManufacturedHousingInstituteMHIPresidentCreditTheJournalManufacturedHomeProfessionalNewsMHProNews

See the former MHI president’s farewell article, at this link here.

Lavin, an MHI award-winner is an expert in lending and finance, pointed to former MHI President Chris Steinbert’s last article in the now defunct Journal of Manufactured and Modular Housing. Steinbert used it to polite slap at his own Arlington, VA based trade association for failing to get to root issues, like financing. Lack of lending and other capital options were choking off businesses that debatably caused the failure of so many retailers, and thus builders, of HUD Code homes. Thousands of communities were impacted by harmful regulatory barriers too.

One or Lavin’s businesses became what was known as Mountainside Financial. That was later absorbed by what today is known as Credit Human Federal Credit Union. Lavin has professionally advised GSEs. MHI awarded him for a reason.

No quote is used to imply that everything else said or done by a person is perfect. Normal people know that. Not this writer, nor any other mortal today, could live up to a standard of perfection. Quotes and facts are used on MHProNews when relevant to a discussion, following a biblical maxim of the separating the “wheat and chaff.”

 

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Barack Obama had the support of most, but not all, of the billionaires on the chart below. Why? His economic principles were demonstrably wrong. Mr. Obama either made promises in ignorance, or knowing they could not be kept.  Either way, the result was the same, terrible for thousands of businesses in our industry.  That pattern was repeated by other industries and professions.  So millions of Americans were harmed by demonstrably bad policies.  But most of the top billionaires backed Mr. Obama, including Warren Buffett.

ForbesTenRichestInAmericaDailyBusinessNewsMHProNewsPolticalTendencies

Tech Billionaires, “Moral Cowardice,” MH Industry, and National Impact

 

Thousands of independent communities, and retailers vanished during the waning part of the Bush and all of the Obama years. The Daily Business News on MHProNews explored the causes of the 2008 financial meltdown.  Warren Buffett knew the fall of the GSEs was coming, he sold all of that stock.

Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory

 

It was policies that dated back to the Clinton era, or even Carter Administration years, that led to that 2008 housing/financial collapse. President Bush failed to head it off, in part because people like Barney Frank and their supportive PACs, unions, etc. were getting big campaign donations from the GSEs.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

Today, the GSEs of Fannie Mae and Freddie Mac are co-sponsoring MHI events. Why? To NOT make many loans on manufactured housing?

2018-10-03_1018ManufacturedHousingInstituteHILogoCavcoFleetwoodPalmHarborFannieMaeFreddieMacLogoDailyBusinessNEwsMHProNEws

Marty Lavin advises, “Follow the Money” and “Pay More Attention to What People Do Than What They Say.” The GSEs are praising manufactured home quality, but then created a special class of manufactured homes, with key MHI member input, that is aimed at funneling that lending, per informed sources.

By choking off lending, as described in Smoking Gun 3, Clayton Homes grew rapidly, as numerous independents failed or sold out for less than their real value. The pie charts help illustrate and tell the tale.  Isn’t what is occurring with the GSEs now just a variation on that same theme?

ClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2011DailyBuisnessNewsMHanufacturedHousingIndustryProNews

Do you see a pattern?  Can you spell, “rigged system?”

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

Graphic by MHProNews, using information provided by each corporation, or named entities.

The 45th President of the United States (POTUS), Donald J. Trump, is keeping his campaign promises. Who says?  People like industry veteran Eddie Hicks.

 

EddieHicksManufacturedHomeCommunitieDevelopingRedevelopingDailyBusinessNEwsMHproNews

 

President Trump’s opponents errantly call him a racist and misogynistic, but he’s created more jobs for blacks, women, and minorities. The same people who once praised Trump as a media or business personality, now slur and slander him. Why?

Facts and history matter. Evidence matters. The degree of emotional manipulation that is taking place in our nation is breathtakingly bold, but easy to spot for those who are willing to look with an open mind.

 

The Great Manufactured Housing Debate

The Manufactured Housing Institute (MHI) is in the palms of several larger operations, but most notably, Berkshire Hathaway owned brands. We’ve offered to debate these and other issues with them publicly and via video, so all could see it. MHI has ducked it, while arguably trying to undermine our pro-growth industry work. Why?  Why would MHI’s president say the industry should grow slowly, so that Berkshire Hathaway and others could consolidate greater pieces of it?

For a time in 2017, MHI attorneys, or surrogates for MHI, threatened us with various forms of litigation for publishing information that was accurate and supplied to us. MHProNews called their bluff.  Their response to our slowly evolving questions or concerns was to first remove this writer from an elected board position in the Suppliers Division, and later to eject the parent company of MHProNews from membership for the spurious reason that we were “News.”  By doing so, they ignored the fact that we did consulting and other business development services, just as other MHI members publish news or commentary and do other things too.

With each step, MHI created questions. What are they doing? Why? How? For how much?

The former MHI Chairman, Nathan Smith, supported Barack Obama. Smith and others involved with MHI support today several of the candidates that oppose President Trump’s tax cuts and regulatory rollbacks which allowed some new businesses to emerge since Donald Trump came to office.

Nathan Smith, SSK Communities, From Mobile Home Resident to Manufactured Home Communities Owner, & Manufactured Housing Institute Leader

MHI is a nonprofit. Kevin Clayton said in the video below that nonprofits are part of the Berkshire/Clayton plan.

 

It’s nearly an hour long, but the references and his own words spell out “the Moat” that they used to consolidate so much of the industry.  That video, and linked articles, explains in detail how that consolidation of manufactured housing was accomplished.

The midterms are mere weeks away. Monopolistic-minded backers knowingly support Democrats that former President Barack Obama or Secretary Hillary Clinton are endorsing or supporting.

President Trump campaigned on several promises. Some have already been kept, like redoing NAFTA, bringing back manufacturing, repatriation of capital, cutting taxes and regulations. Others have been stymied by Democrats who resist and obstruct. The GOP margins in Congress are narrow.

As we did in 2016, as an independent, we once more gladly support the candidates that back the Trump Agenda.

12ReasonsEducatedIranianAmericanWomanSupportsDonaldTrumpPostedMastheadBlogMHProNews954x846

While the Manufactured Housing Institute (MHI) paid for two pro-Clinton speakers in the closing days before the 2016 election, the Kovach family supported Donald J. Trump’s candidacy as the best for the manufactured home industry, small business of all kinds, and hundreds of millions of Americans. One of those stories ended up on the president’s campaign website, and hundreds of conservative and pro-Trump websites.

 

This president is doing more for our industry, and other professions, than anyone else in decades.

 

Facts are facts. There is a monopolistic pattern of powerful people that have been using the Democratic Party for years. It is not the party that it was during the Kennedy years, when President John F. Kennedy cut taxes and spurred economic growth.

We said in 2016 that Donald J. Trump could win, in spite of the barrage of anti-Trump media. Trump backed candidates can win again this year. As we track key Senate and other races, several pro-Trump Republicans are ahead in recent polls, others trail narrowly. It can all change by election night, on November 6.  It call comes down to turnout and voting.

MHI, people like Warren Buffett, Nathan Smith, Barack Obama, The Clintons or others will be supporting the opposition of President Trump.

There are thousands who believe as Eddie Hicks does, sometimes quietly, at other times, publicly.  When was the last time a president did what President Trump has done for our industry?

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

We proudly stand for the President and his America First agenda.

  • American jobs.
  • American steel.
  • American oil.
  • American coal.
  • Smarter immigration.
  • Finishing the Wall.
  • Making tax and regulatory cuts permanent.
  • Rising wages.
  • More capital creation.
  • More free market competition.
Happy71BirthdayPresidentDonaldTrumpQuotesDailyBusinessNewsMHProNews

We’ll close for this morning by saying that we expect a successful GOP and President Trump to take serious aim at housing barriers and monopolies. HUD Secretary Ben Carson has already sent those signals. They mirror what our regulatory comments said to HUD, and what the YIMBY vs. NIMBY article below indicated.

YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact

 

Should pro-Trump Congressional representatives and Senators win by enough margins, before President Trump leaves office after 2024, expect Berkshire Hathaway, Clayton Homes, and other big-tech monopolistic forces to be broken up by federal action.

Should that happens, expect more Rollohomes to emerge. One new producer, building some 60,000 new homes, because the demand was there, and the regulatory environment wasn’t insane.

Rollohome, Creating 60,000 Factory-Built Homes in 2 Years

 

People like Judge Brett Kavanaugh are being smeared for political purposes. President Trump has taken the smear tactics head on. An army of deplorables of all races, religions, and genders has formed.  People like Kanye West are breaking the stereotypes.

The Importance for Businesses and Investors in Manufactured Housing for Selecting the Next Supreme Court Justice

The result of a red wave election could make the Americans Dream more real than it has been in decades. It can upset the socialistic minded candidates, who made and make false promises that they can never fulfill.

The alternative?  Venezuela, where a once prosperous nation a decade ago has been turned into a basket case economy, where some 2 million have fled, and the average person remaining has lost about 19 pounds due to hunger.

 

An avoidable socialistic tragedy, that they voted in, due to false promises.

ManufacturedHousingAssocRegulatoryReformMHARRMarkWeissDTSFHFA-GSEsGoingtoLargestBusinessesCorpAffiliatesDailyBusinessNewsMHProNews

Collage by MHProNews.

There is no free lunch.  Democrats can promise things that they can’t pay for, just as has occurred in Venezuela.  Look at Detroit under Democratic rule and bad trade policies.

Free Trade or Economic War?

The choices are increasingly clear.

 

But one must look beyond emotional manipulations, to the facts and evidence. In about 20 months, much has been accomplished.  Give the 45th president the Congress and Supreme Court Justice he needs to finish the job he has started so well.

Let’s keep the momentum going, together. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

FactoryBuiltCarsClothingAppliancesElectronicsCellsSmartPhonesHomesItJustFollowsLATonyKovachC2017MHproNewsBy L.A. “Tony” Kovach – for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
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Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

Related References:

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement

Manufactured Homes Could Help Solve the Affordable Housing Crisis, So, Why Aren’t More Manufactured Homes Being Sold?

New Records Achieved, Who Gets JOLT Credit? Surprising Insights for MHVille

September 13th, 2018 Comments off

 

NewRecordsAchievedWhoGetsJOLTCreditSurprisingInsightsMHVilleDailyBUsinessNewsMHProNews

The U.S. Labor Department’s Job Openings and Labor Turnover (JOLT) Survey reported a new high this week, approaching the 7 million mark.  Those in manufactured housing are all-too-familiar with this number in a practical way, because factory-builders and others tell the Daily Business News on MHProNews that competition for labor is growing more intense.

 

 

CNBC’s breakdown of the Labor Department data revealed the following highlights:

 

  • Vacancies outnumbered those classified as unemployed by 659,000 for the month, an unprecedented trend that began earlier this year. Openings rose by 117,000 from June, to 6.94 million, and are up 737,000 over the past year, a nearly 12 percent increase, the department said in its monthly Job Openings and Labor Turnover Survey.
  • The “quits” rate, an indicator of worker confidence as it measures those who left their positions voluntarily, also hit a record of 3.6 million, a gain of 106,000, according to Bureau of Labor Statistics records that go back to December 2000. The quits rate of 2.4 percent is the highest recorded since April 2001 and was up one-tenth of a percentage point from a month ago.
  • Professions registering the biggest gains in job openings were finance and insurance at 46,000 and nondurable goods manufacturing, with 32,000. Openings decreased in retail (-85,000), educational services (-34,000) and federal government (-19,000).
  • New hires totaled 5.68 million, a marginal increase from June but also a series high and an increase of 3.3 percent from the same month a year ago.

MHProNews curates information from a variety of sources across the left-right divide for good reasons. Among them, doing so provides a reality check to those who only get their news mainly from media that lean left, or lean right.

CNBC is left-leaning, and tends to be anti-Trump and pro-Democratic.  Who says?  Among others, former CBS News investigative correspondent in their Washington bureau, award-winner – and now independent journalist, Sharyl Attkisson.

CNBCLeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

So this analysis by Jeff Cox of CNBC on who should get credit for the economic records being achieved is all-the-more interesting.

 

What MH Associations, Trade Groups Say

Manufacturing has also reported new records.  The National Federation of Independent Business (NFIB), a trade association of some 325,000 members – which sources there say includes hundreds from the manufactured housing industry – has also hit new highs in business confidence.

Regrettably, while many sectors are hitting new records, manufactured housing is still struggling to crawl back to the 100,000-shipment level.  This is one of many reasons why the Manufactured Housing Association for Regulatory Reform (MHARR) – an independent-producers (HUD Code home production) trade association – has for years said that a new post-production association is needed.

Double-Digit HUD Code Manufactured Home Production Growth In July 2018, MHARR

The Manufactured Housing Institute (MHI) is the industry’s self-proclaimed umbrella trade group – including production and post-production – members.  Their own claim puts the onus on them to lead a more robust retail sales recovery.  MHI messages to their affiliates and members routinely take credit for almost anything that might appear to be good coming out of Washington, but the bottom line numbers are a metric that they can’t – or shouldn’t – ignore.

The new manufactured home shipments data tell a different story than the one that the overall U.S. economy is experiencing.

Why?

It’s an important issue for every independent, some of whom never experienced the industry’s higher producing glory days.  As a recent MHProNews report reveals, RV’s went from trailing manufactured housing in 1998, to surpassing manufactured housing only a few years later.  Today, RVs outsell manufactured housing by some 5 to 1.

RVsshipmentsTrailedMH1998WinnebagoDailyBusinessNewsMHProNews

MHI?  What about what MHI award-winner Marty Lavin called the “Big Boys” – including those associated with Berkshire Hathaway?

How do those ‘big boys’ and the association they dominate explain closing 100 sales centers in recent years, while RVs continue to grow?

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

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

How can the industry continue to struggle by historical terms, during an affordable housing crisis?  With the amazing spread in housing costs between conventional and manufactured homes, how can manufactured housing be struggling to recover to even 100,000 new home shipments?

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Figure1MobileManufacturedHomeSalesSHipmentsVsExistingingNewHouseSalesManufacturedHousingiinudstryDataMHProNews

There are a growing number of industry voices that believe that BH/CMH and MHI have by various action/inaction has kept manufactured home sales at historically low levels. Evidence for the allegations and concerns on this page? See Related Reports and videos, linked below, which quotes and cites BH, MHI, CMH, 21st Mortgage Corp, and other sources.

The silence of MHI and Clayton on such bottom-line issues that really matter – like new home sales levels – is deafening, isn’t it?

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

President Donald J. Trump promises reforms in regulatory and taxation that would spur job growth. He’s delivering on those promises, as NFIB and other groups have applauded.

As the midterms loom, keep in mind four words that President Trump and Vice President Mike Pence, who hails from manufactured home producing Indiana, have been saying for months: “Promises Made, Promises Kept.”

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

The ability for independents, and businesses of all sizes, to success in a pro-business, pro-jobs growth environment are obvious.

The fact that many of these JOLT report jobs are in sectors that former President Barack Obama said were never coming back proves just how wrong he and Secretary Hillary Clinton were, and just how right the policy proposals of the Trump team have been.

 

Clayton, Clintons, Buffett, Then and Now…

There are those in the industry who take a ‘see no evil, hear no evil, speak no evil,’ approach. But as Albert Einstein once observed, if you had an hour to devise a plan to solve a problem, he’d spend 55 minutes learning the background issues related to the problem, and then would spend 5 minutes devising and proposing the solution. Yesterday, MHProNews provided the following report, which has already had thousands of hits.

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

With that above report in mind, the following video documentary on the Clintons takes on a new meaning.

This video is an hour and 4o minute long, so you better do this during off time.  The documentary video walks viewers step-by-step, interviewing state and federal investigators, witnesses, and shows corroborating documents. As an FYI for those considering the claims in the video below who may be new to such issues, the Clintons both were associated with Arkansas’ Rose Law Firm. Note that a simple Google search will turn up several articles from mainstream media that confirm many of the topical allegations raised.

The above concerns and controversies noted, why did Warren Buffett and the Claytons want anything to do with the Clintons?  Donald J. Trump has said that it pays to know as much as you can about something that affects your life or profession.  Doesn’t the advice by the businessman-turned-president make even more sense?

IfSomethingIsGoingToAffectYourLifeItsBestToKnowAsMuchasYouCanAboutItDonaldTrumpQuoteMHProNews800

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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:

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

FEDs, MHI, Buffett’s Berkshire’s Clayton Homes Moat, Affordable Housing, and Billion$ in Manufactured Home Market Manipulation

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

September 12th, 2018 Comments off

 

ToxicTrailersClaytonHomesWarrenBuffettKevinClaytonBillHilllaryClintonFoundationExposeVideosDailyBusinessNewsMHProNews

The terminology in the quotes are inaccurate, but that quote is the exact words several in the media and other investigators shown below used.

From 2010 until 2018, there’s been an ongoing series of governmental, media, and other investigations into the post Haitian tragedy that involved Kevin Clayton, Bill and Hillary Clinton, Warren Buffett’s led Berkshire Hathaway conglomerate which owns Clayton Homes. This Daily Business News report will update and review what was promised, and what took place.

 

The allegations are that billions of dollars were wasted and failed to go to those that needed and were promised post-disaster relief.  This is a useful book-end to the Poverty Inc video, which documented, step-by-step how many poverty and disaster relief programs benefit a few, but fails or makes worse the conditions of those they’re intended to help.  That report, is linked below.

Acclaimed Poverty Inc. Video, MHVille – Why Left & Right Should Listen, Learn From Each Other

 

What Clayton Homes Said…

Recall that a devastating earthquake hit Haiti in 2010. The first video is from a local media interview with Clayton Homes, and makes an eye-opening point. “Just after the earthquake in Haiti, Clayton Homes contacted The Clinton Foundation…” posted on August 24, 2010.

It all sounds great.

 

But what actually happened?

ClintonFoundationChoseClaytonHomesBuildHaitiWarrenBuffettBerkshireHathawayRealityCheckDailyBusinessNewsMHProNews600

One of several potent fact-laces stills  from the video, below.

 

Ben Swann’s Fact Check

Ben Swann’s Reality Check produced what appears to be one of the most compressive and balanced video overview – loaded with facts, visuals and graphics – on the topic so far.  It was produced earlier this year. It frames the issue of Clayton, Berkshire, the Clintons, et al by looking at this question, “If Haiti Is a “S***hole” Country, Who Is Really to Blame?”

It’s powerful.  The video above is loaded with details like graphic in the still below.

13.3BillionClintonFoundationHaitiRealityCheckDailyBusinessNewsMHproNews

Don’t miss a minute of this eye-opening exposé.

 

Democracy Now – A Pro-Democratic Group – Spotlighted Warren Buffett, Clayton Homes, and the Clinton Foundation

U.S. and Canadian reports connected to this next video interview, shown below, are the ones that used the phrase “toxic trailers,” quoted in our headline, above.

That this scandal didn’t end is underscored by the CNN video, shown below, which said last year that federal investigators are looking into related issues.

 

Federal Investigation of the Clinton Foundation and Related Scandals

Pro-Clinton and pro-Democratic CNN produced this next video report last year, that spotlighted that federal authorities are actively investigating allegations of corruption related to the Clinton Foundation.

ToxicTrailersClaytonHomesWarrenBuffettKevinClaytonBillHilllaryClintonFoundationCCIExposeVideosDailyBusinessNewsMHProNews

 

Inside Haiti’s “Hurricane Proof” Clayton Homes “Toxic Trailers”

This video by CCIR, and gives some additional inside and outside views of this problematic issue.

 

Former Haitian Senate President Bernard Sansaricq weighs in on the Clinton Foundation’s Haitian Relief Effort Controversy

You can feel the outrage, years after the 2010 disaster, in this video interview with an elected Haitian leader that the Clinton’s allegedly tried to buy off before the 2016 election.

 

Boldly Misleading?  Warren Buffett Promotes Hillary Clinton, Slams Donald Trump

Honesty is a very expensive gift. Do not expect it from cheap people,” said Warren Buffett as one of his quotes related to protection of reputation.

 

Marty Lavin has said, “Pay more attention to what people do than what they say.”  Buffett preaches against making headlines for questionable business reasons, and yet Wells Fargo and even more often, Clayton Homes, has been involved in scandals and allegations that have resulted in legal, regulatory actions – alone with negative publicity.

Buffett actively supported Clinton and Democrats in the 2016 election cycle.  While he’s been quieter since Donald Trump won the presidency in 2016, is there any reason to think he’s working for anyone other than those with his long ties to candidates like Secretary Hillary Clinton, or former President Barack Obama?

 

Judicial Watch’s Tom Fitton Makes it Clear, These Investigations Are On-Going

In this next video, Judicial Watch’s Tom Fitton is talking about the Clinton Foundation, and their ongoing investigation into the allegations of misuse of funds connected with the Haitian disaster relief.

There are more video reports like these, but these provide the most comprehensive review of what the various sources have said.

 

What’s Next?

Sources across the left-right media divide – including the Seattle Times, Guru Focus, The Nation and MHProNews – have periodically spotlighted Buffett/Berkshire Hathaway/Clinton/Clayton Homes related scandals.  See related reports, linked below.

So, don’t think that a period of quiet in the mainstream means that these scandals, which often yield negative headlines for the industry, are over.  There are indictors that more black-eye headlines are ahead.

There are several indications that the issues could be heating back up.  Stay tuned, because who else in MHVille’s trade media bring you reports about conglomerates like Berkshire Hathaway – other than this source?  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(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:

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

Warren Buffett Would be Okay With Clayton Homes Losing Money, Says Kevin Clayton – But Why?

 

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

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