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Posts Tagged ‘manufactured housing industry’

Skyline Corp, Champion Home Builder M&A Updates, Stockholder Insights

May 25th, 2018 No comments

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Skyline Corporation and Champion Enterprises Holdings, LLC, the parent company of Champion Home Builders, Inc., previously announced merger/acquisition (M&A) is set to close within the next two weeks, according to sources familiar with the matter.

 

Recent press releases have not announced a set date, but they have pointed to a closing expected before the end of the first half of 2018.

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Skyline (SKY) shares have soared since the announcement, as the graphic below reflects.

SkylineCorpBloombergStocksDailyBusinessNewsMHproNews

The one year stock performance tells a tale, note the line for the day the M&A deal was announced.

A stockholder told the Daily Business News that their firm expects the stock to rise even higher once the M&A is complete.

That source in an emailed message – quoting verbatim – said:

“- first broker picked up coverage on the stock today-price target 37$

– Your going to see a lot more activity next week after the deal closes. I bet 3-4 banks pick up coverage on the stock. 

-These guys + CVCO have wind at their back – housing inv is tight, prices moving up on site built, no major capacity coming on

While there are some new production centers – including one for Champion – being established, as MHProNews has previously reported, the points made by a verified stockholder are interesting ones.

In a release last week, the Daily Business News was advised, “Skyline Announces Intent To List On The New York Stock Exchange…” and, another release stated that the stock will declare a special dividend in a matter of days.

As a disclosure, MHProNews takes nor holds a position on any industry stock. Champion is one of those companies that have been making the move to “go vertical” in recent years.  They did so in the 1990s as well.

Stay tuned for the anticipated announcement, which per sources could be completed on or before the middle of June, 2018.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

That M&A would give the new Skyline/Champion the number 2 position in the industry, ahead of Cavco, but still dwarfed by Clayton Homes.

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews

It continues the trend of consolidation within manufactured housing, which concerned members say that the Manufactured Housing Institute (MHI) may be fostering, a claim that MHI has neither affirmed nor denied. However, in a practice similar to other trade associations, MHI issues an antitrust warning in their meetings.  ##  (News, analysis, and commentary.)

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Related Reports:

Skyline Corp, Champion Homebuilders Conference Call Presentation Facts, Figures, Forward-Looking Statements, Planned Merger Detail$

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

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Chairman Hensarling, Fannie Mae’s Latest “Backdoor Schemes,” Illegalities? MH Connections, Implications

May 19th, 2018 No comments

ChairmanJebHensarlingFannieMaeLatestBackdoorSchemesIlelgalitiestManufacturedHousingIndustryDailyBusinessNewsMHProNews 

Late Friday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) said that “high ranking Fannie Mae employees have been intentionally violating their government prohibition on lobbying through a series of secret meetings to remove the failed mortgage giant from federal oversight.”

 

According to Congressman Hensarling’s  statement to the Daily Business News, legal and ethical issues are at play in the latest controversy involving one – or more – of GSEs.

Attentive, long-term Daily Business News readers recall last year the editorial call by MHProNews for transparency, and the release of the minutes from closed door meetings between members of the Manufactured Housing Institute (MHI) and the Government Sponsored Enterprises (GSEs).

Neither MHI, nor the GSEs responded to those concerns by releasing said private meeting minutes.

Will Hensarling’s Friday warning prompt the parties to belatedly release their minutes? If not, what are the parties involved hiding?

 

Bloomberg Exposes Concerns

For nearly a decade, a top U.S. housing regulator has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die,” said Bloomberg.

But despite those limits, a top Fannie Mae executive has done just that…Brian Brooks, Fannie’s general counsel, has a specific goal,” per Bloomberg, adding that “Brooks, who has ties to Treasury Secretary Steven Mnuchin, wants this done without the involvement of Congress, which has failed since the 2008 financial crisis to come up with a legislative fix for the mortgage giants.”

JebHensarlingChairmanHouseFinancialServicesCommitteR-TXWikiDailyBusinessNewsManufacturedHousingIndustryProNews

When Fannie Mae went broke, it came begging taxpayers for what has turned out to be $120.836 billion in federal bailouts so far.  As a condition of receiving those funds, Fannie Mae was explicitly prohibited from engaging in “all political activities—including all lobbying,” a prohibition which it is now being reported Fannie has deliberately violated,” Hensarling said.

 

Investigation Launched

If true, this violation is more than an outrage, it is a direct affront on taxpayers and the current structure of the federally-back conservatorship that has allowed Fannie Mae to operate for the last decade.  It is a slap in the face of taxpayers that Fannie Mae thinks it can take their money and blatantly ignore the rules that came with it.  The American people deserve better.  That’s why the Committee will be launching a full investigation into these allegations to identify those responsible and hold them accountable to taxpayers,” per Hensarling’s statement to the Daily Business News.

But we can’t stop there,” the Texas Congressman said. “In order to truly solve the problem of the broken GSE hybrid finance model, Congress must enact sustainable housing finance reform as soon as possible and once and for all get rid of any backdoor attempts to resurrect the old, failed ways of the past.”

Before the crisis, Fannie and Freddie commanded two of the most well-funded lobbying apparatuses in WashingtonBloomberg’s report said on the controversial topic.  “In addition to employing dozens of lobbyists, the companies funneled contributions to nonprofits and think tanks and pressured policy makers to abandon potential regulations or laws the companies thought would constrain them.”

 

Problematic History, Harmed MH and the Nation

Pre-2008 meltdown, Fannie and Freddie generously funded the lobbying of politicos, like then Congressman Barney Frank.   Chuck Schumer is among the names that comes up in the 3 minute 12 second video below, defending the GSEs as being safe and sound.

Congressman Frank and others returned the lobbying dollars from the GSEs with the favor of protection from calls to reform the mortgage giants.  Those lawmakers did so by delaying actions that could have mitigated – or perhaps avoid –  the meltdown that some warned were coming.

The video clip below is a reminder of the now-all-too-often forgotten history.

 

Depending upon how “lobbying” is defined, Fannie Mae could be in violation of lobbying with respect to the  manufactured housing industry.

How so?

Because Fannie is a member of the Manufactured Housing Institute (MHI), a trade group that does lobbying.

That MHI membership would appear on its face to be a conflict of interest for all involved.

Why?

Because if MHI is doing its job properly, it should have declined Fannie’s membership, to avoid even the appearance of a conflict of interest.

There could be ethical, and/or legal issues involved in the Fannie/MHI membership matter.

For instance, as the Manufactured Housing Association for Regulatory Reform (MHARR) president and CEO, Mark Weiss, JD, has said that ‘every day that the GSEs don’t robustly provide chattel and other lending under their Duty to Serve mandate to manufactured housing is a gift to Berkshire Hathaway’s manufactured housing lenders.’

MHARRMarkWeissIfCongressHadMeanttheDutytoServeToBeOptionItWouldNotHaveCalledItADutyDefintionofDutyIsMandatoryResponsibilityDailyBusinessNewsMHProNews

There is more involved in this developing controversy. Those related issues will be part of an upcoming Daily Business News report.

Stay tuned. ## (News, analysis and commentary.)

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Related Reports:

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

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

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President Trump – “Bigger than Watergate,” “We Need Accountability” – National, MH Industry Impacts

May 18th, 2018 No comments

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Imagine if during the 2008 campaign, if someone in the Bush Administration had planted one or more FBI informants in then Senator Barack Obama’s campaign. Then further imagine, that federal investigations were started, based in part on information paid for by opposition to then-candidate, Senator Obama.

 

Then envisage that word of that hypothetical attempt to illegally influence a presidential election had leaked out, or if the story was broken by news media. That would have been a huge scandal, and rightly so.  Part of the bedrock of the American political system are free and fair elections.

To have the power of the federal government weaponized for political opposition purposes would debatably be “worse than Watergate.”  That wouldn’t be a partisan issue, its a question of integrity and the rule of law to protect the rights of all.

There is no evidence that the above hypothetical ever occurred during the Bush years.  But there is mounting evidence that federal taxpayer funded resources were used to influence a presidential election.

That in brief is what President Donald J. Trump’s Thursday tweet means with respect to Obama-Clinton operatives.

That has sparked political pundits, media outlets, and public reaction.

Wow, word seems to be coming out that the Obama FBI ‘SPIED ON THE TRUMP CAMPAIGN WITH AN IMBEDDED INFORMANT,‘” the president tweeted in reference to a National Review report published last week, said the Hill, a news source based in the nation’s capital.

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For those who may not recall, the Watergate scandal occurred when President Richard Nixon, a Republican, was tied to the attempted coverup of a crime, in which former FBI and CIA agents broke into the offices of the Democratic Party and George McGovern (that year’s Democratic Presidential candidate).

Watergate was the location for the DNC offices at that time.  The Watergate break-in was an illegal political spying effort, designed as part of an illicit plot to help defeat McGovern.  It was no doubt a dark, ugly chapter in our nation’s history.

WatergateScandalWikiSummaryManufacturedHousingIndustryDailyBusinessNewsMHProNews

The photo above at the left is an aerial view of the Watergate complex, the buildings which at the time were the office of the Democratic National Committee (DNC). That’s what gave rise to the name of the break-in and cover-up scandal, called, Watergate.

But today, we’re not talking about former federal agents.

Rather, the concern is that active, paid FBI and other federal agency staffers have illicitly been involved in derailing a political campaign – and post-election – of attempting to unseat a duly elected president.

If the leak yesterday – that the above concerns are part of what an upcoming inspector general report will allegedly reveal – that would be a bombshell.

Andrew McCarthy says, ‘There’s probably no doubt that they had at least one confidential informant in the [Trump] campaign.’ If so, this is bigger than Watergate!

There are now numerous reports that allege that Obama-era led agencies used their surveillance powers to monitor and attempt to disrupt the Trump campaign.

This is not the first time that the Obama administration has been accused of spying on the Trump campaign.

Last year, President Trump accused the former president of wiretapping Trump Tower shortly before the 2016 election.

Terrible! Just found out that Obama had my ‘wires tapped,’ in Trump Tower just before victory. Nothing found. This is McCarthyism!” the president tweeted in March 2017.  Then White House Press Secretary Sean Spicer later clarified the tweet to mean that the Trump campaign had spied upon, not a literal wiretap.

Terrible!POTUSObamaWireTappedTrumpCampaignTrumpTowerNothingFoundMccarthyismManufacturedHousingIndustryDailyBusinessNewsMHproNews

Attorney, Author, Talk Radio Mark Levin Calls for Accountability

 

MHVille – First Look

The Daily Business News has for over a year made the case held by thousands of manufactured housing professionals, from coast-to-coast. Namely, that the current Trump administration has been far more business-friendly than former President of the United States (POTUS) Barack Obama’s Administration was.

The National Federation of Independent Business (NFIB) and others have praised President Donald Trump for his pro-growth, pro-business policies.  The NFIB has hundreds of manufactured housing industry members.

POTUS Trump has also been more business-friendly than the Bush or Clinton Administrations were. That’s according to the National Association of Manufacturers (NAM) survey, NFIB surveys, and statements from the Manufactured Housing Association for Regulatory Reform (MHARR).

The regulatory freeze that has given the industry relief from several pending regulations did not occur under Barack Obama.

Rather, President Trump is undoing many of the costly and burdensome regulations of prior administrations.  These points aren’t a matter of posturing, they are all a matter of record.

Accurate Trump Administration Predictions

Based upon the Trump Administration’s policy stances, statements made over a year ago from MHARR’s top officials predicted that President Trump would be pro-business, and that others in the industry needed to rally around his efforts.

Proof?  See the focused 2 minute 20 second video, posted above. Note that foresightful MH industry leadership.

By contrast, Democratic presidential candidate, Secretary Hillary Clinton pledged very similar policies on regulations as Barack Obama had initiated with Congress.

Secretary Clinton named Dodd-Frank as an example.  She pledged to keep those onerous regulations as they had been during the POTUS Obama years, suggesting that she may also strengthen them.

The Manufactured Housing Institute (MHI) is officially hoping that next week the House will vote to pass their version of S. 2155.  That bill includes a roll back of the CFPB’s so-called MLO rule, that effectively gagged unlicensed personnel from speaking to consumers about lenders and loan terms.

It must be noted that this Congressional effort would not be taking place with any hope of enactment under a hypothetical Hillary Clinton presidency.

Who says?

That’s the application of the logic of former MHI government relations vice president, Jason Boehlert.

President Obama opposed a similar MHI backed bill, threatening to veto it. Secretary Clinton said she agreed with Mr. Obama, pledging to do the same or ‘strengthening’ Dodd-Frank.  Now, look again at the video with MHARR posted above, and ask, what were MHI and those who rule that association thinking?

2012 Election Results and Coming Lame Duck Session

 

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The Special Counsel Robert Mueller investigation of the so-called “Trump campaign-Russian collusion” allegations has now turned one year old.

Even as third-party analysts claim that 90 percent of mainstream media reports have been anti-Trump, public opinion has nevertheless shifted away from Mueller.

In a recent survey, just over half the country now believes that Mueller’s so-called probe into alleged Russian collusion with the Trump campaign is – as the 45th president has often called it – “a witch hunt.”

It’s worse than most realize, because there was never a predicate crime being alleged.  

Democratic attorney Alan Dershowitz argued over a year ago that there is no federal crime of collusion.

Had collusion between the Russians and the Trump campaign existed, said Dershowitz – noting that there is no evidence of any collusion – it would have looked bad.  But the Harvard law professor Dershowitz said that even if the alleged collusion existed, it would not have been illegal.

Then what was the Mueller investigation all about?

Recall that President Obama said days before the election, that the Russians were unable to interfere in the American elections.  There is no evidence that a single vote was changed by Russian attempts to hack.

Recall that MHProNews advised readers last year that even a CNN producer admitted to undercover investigators a year ago that the Russia-Trump stories were “bullsh-t.”

An underreported aspect of the specious ‘Russia’ story is that governments around the world, including the U.S. government, attempt to influence each other’s elections all-too-often.

Recall that Barack Obama attempted to interfere with Israel’s elections, and with the Brexit vote in England. Arguably worse, is that POTUS Obama – following calls from the Clinton State Department – invaded Libya.  For what?  The Libyan nation – as a result of that Obama-Clinton action – has since been destabilized. As but one tragic result, America later lost diplomats in Benghazi, Libya.  That’s been one of many consequences from that outrageous Obama-Clinton military plan to attack Libya’s leadership. The previously pacified Libyan people now are suffering a civil war.

The Russian efforts to interfere in the 2016 U.S. election, per sources, is their “payback” for Secretary Clinton’s alleged interference in the Russian elections.

Ironically, every scandalous effort to weaponize federal resources are boomeranging back onto Democrats and their anti-Trump allies.

The U.S. ought to be vigilant and protect the election process, against foreign and domestic manipulation and interference.

U.S. policy ought to respect the rights of foreign nations.   Furthermore, U.S. policy ought to pro-actively protect our own nation’s borders, and then it can call upon others to act similarly.

For years, America has been living in a topsy-turvy world.  So much so, that Barack Obama candidly and accurately said not long ago that there are two ways that the nation looks at the facts.  That’s sad, but true.  Isn’t he, Secretary Clinton, and their allies part of the reason that claim is accurate?

Facts Matter – Mr. Obama’s “Alternative Universe,” Trump Admin, Investors & Politicized Manufactured Housing Data

Plausible allegations of officials – starting during the Obama era – using:

  • federal agents,
  • taxpayer dollars,
  • and illicitly applying federal legal procedures to stop or unseat a campaign – or a duly elected president – are all indeed worse than Watergate.
  • Aren’t these an apt description for an attempted coup?

DefineCoupD'EtatWikiManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Simplified Summaries of Threads

Former DNC Chair Donna Brazile said that the Hillary Clinton campaign rigged the primaries, to prevent Bernie Sanders from becoming the Democratic Party’s candidate.

“Hacks” – Explosive 2016 Campaign Claims by Former DNC Chair, Donna Brazile

It is now clear that the Clinton campaign paid millions for the so-called “Steele Dossier,” which used foreign intelligence assets – British and Russian sources – to try to paint then candidate Trump in an unfavorable light.

That bogus politically-motivated ‘fake dossier’ – along with leaks of one or more FBI memo(s) – were in turn used by then FBI director James Comey to spark the Mueller probe.

If that isn’t outrageous enough, Special Counsel Robert Mueller has a staff packed with Clinton campaign donors.

Millions of taxpayer dollars have been spent on what looks to be a political effort initially designed derail candidate Trump, and later used to spark a stir they apparently hoped would lead to a duly elected president’s impeachment.  All on totally spurious – faked! – grounds.

If this is so, it’s not just outrageous, its criminal.

 

Why This Matters to MHVille, Next Week

Next week, the House will vote on their version of S. 2155, which includes a provision that would remove the MLO rule.  The mortgage loan originator (MLO) rule that is widely seen as harmful to manufactured housing industry retailers, communities, lenders, and others.

GovTrack tells MHProNews the odds of passage for S. 2155 stands at 56 percent.

Under President Obama, such a measure would have been vetoed.

Under a hypothetical Hillary Clinton Presidency – based upon her campaign promises – a bill like S. 2155 that will change Dodd-Frank would have been vetoed.

If S.2155 bill passes – and MHProNews’ publisher has editorially supported a similar such pro-business, pro-consumer change like this for years – it will be a Trump Administration accomplishment.

It would be entirely spurious for MHI to claim any legitimate bragging points.

Why?

MHProNews reported that days before the 2016 election that MHI had not one, but two paid pro-Clinton speakers on their stage in Chicago.

Warren Buffett was pro-Barack Obama and pro-Secretary Hillary Clinton.

Buffett is the Chairman of Berkshire Hathaway.  Berkshire is the parent to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, and has interests in a raft of other suppliers, lending, and services entities that intersect with manufactured housing.  Berkshire’s brands are widely seen as dominating MHI.

Based upon feedback from industry sources, there is a growing realization that MHI has been slow-walking or stonewalling reforms that hurt the industry, rather than championing them.

The Washington Post’s recent report on HUD, Pam Danner and manufactured housing underscored those concerns.

MHI Lender Shakes Up DTS and MLO Rule Discussions

As a result of years of MHI failures and allegedly weaponized reports, there is also a growing interest in creating a new post-production association, one that truly represents the independent retailers, communities, lenders and others.

 

Manufactured Housing is Non-Partisan

Manufactured housing – because it is affordable housing – ought to be viewed as a non-partisan issue.  It has long enjoyed the support of Democrats and Republicans alike for that reason.

But during end of the ‘Bush 43’ years, and during the eight years of the Obama presidency, anti-business policies often harmed our industry.

By contrast, President Trump – and cabinet members such as Secretary Ben Carson – have been working to undue those harms, pledging a new era of cooperation.  Would that have taken place under madam Clinton’s leadership?

 

Developing News on More Manufactured Home Lending

There is a developing story on financing that you may not hear from MHI or their echo-chamber surrogates. They will certainly not reveal it unless and until MHProNews hereby and in upcoming reports spotlights it.

When you see that upcoming report, you’ll see why.

Watch for that pending finance focused report from the MH Industry’s leading independent news source.

For almost a decade, MHProNews has brought you the most popular “Industry News, Tips and Views that Pros Can Use.” ©

With facts, evidence, and sound analysis in hand, then readers can apply the next tag line: “We Provide, You Decide.” ©

Which is all part of the reason why a top level executive said – as part of a longer communication – that “…if MHProNews is writing about it, I want to know about it.” (News, analysis and commentary.)

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PS: Our thanks to those who have taken the time to mention that they see that MHProNews reports, analysis and projections have proven to be accurate, time and again.

PSS: Watch for an exclusive report on a non-profit group that is attempting to harm manufactured housing industry businesses.

Related Reports:

Kanye Controversy, Universal Income, Venezuela, President Trump, Manufactured Housing, First Principles, and You

Manufactured Housing Supporting VP Mike Pence in Elkhart, Indiana – Highlights

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

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

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Canadian and American Financial and Banking Systems Compared, Infographic

May 16th, 2018 No comments

CanadaUSTaleofTwoBankingSectorsVIsualCapitalistLogoManufacturedHousingIndustryDailyBusinessNewsMHProNews

The Daily Business News reports every day on Canadian based companies as well as U.S. based firms in our evening market report.  But it’s been a while since we’ve taken a broader look at the Canadian market, or done a comparison with how U.S. and Canada are similar and differ.

 

So, the following interesting Visual Capitalist infographic is a step toward providing a look at life north of the longest peaceful border on planet earth.

As is widely known, Canada avoided much of the turbulence that was experienced in the U.S. during the run up to and since the 2008 mortgage/housing crisis.  But like the U.S., affordable housing is an issue north of the border.

Manufactured housing regrettably experiences resistance on either side of the 49th parallel.

Against that backdrop, per RBC Global Asset Management and VC:

General Differences:

Historically, the Canadian banking system favors a limited quantity of banks, and many branches. It also carries the British influence of valuing stability over experimentation. Meanwhile, U.S. banking is more decentralized and localized, and more open to experimentation. This has led to trial and error, but also the world’s largest bank system.”

 

Regulatory Focuses

Canada’s banking system tends to promote safety and soundness, while the American system keys in on privacy, anti-money laundering, banking access, and consumer protection measures.”

 

Market Environment
The Canadian market is worth C$142 billion (US$111 billion) per year, while the U.S. market is over 10x bigger at US$1.4 trillion. Interestingly, these market sizes explain why Canadian banks often seek growth opportunities in the U.S. market, while U.S. banks just focus on the massive domestic sector for growth.”

Number of Banks

There are 85 banks in Canada, and 4,938 in the United States.”

Market Share
Canada’s five biggest banks hold a whopping 89% of market share, while America’s five biggest banks only hold 35% of market share.”

 

CanadaUSBankingFinancialSystemVisualCapitalistComparisonsDailyBusinessNewsMHProNewsRBCGlobalAssetManagement600

To see of download the full sized version of this infographic, click here or the image above.

MHProNews will also take this as an opportunity to link up under related reports below of some of the previously published Canadian-connected manufactured housing news. ## (News, analysis, and commentary.)

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Related Reports:

ECN Triad Financial Services – Fascinating Facts, Manufactured Home Industry Professionals, Investors

‘Trailer Park Boys’ Death Focuses Manufactured Home Industry, Homeowners Challenge

New Mortgage Lending Changes Impacting Hundreds of Thousands of MH Owners

Tricon MH Community Stock Insider Trade, Plus Manufactured Home Market UPdate$

UPDATE: MHC Future in Doubt, the Other Side of Rent Control

 

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

 

Ben Shapiro Nails It on Taxes, Regulations, and Affordable Housing – Under 2 Minute Video Must View for MH Industry Pros

May 16th, 2018 No comments

BenShapiroTaxesRegulationsAffordazbleHousingDailyBusinessNewsMHProNews

Ben Shapiro is a renowned conservative political pundit, syndicated columnist, lawyer, and NYT bestselling author. He is Editor-in-Chief of news and opinion site The Daily Wire and host of the popular video podcast, The Ben Shapiro Show,” says his YouTube page.

 

Fox News has called Shapiro “a leading millennial conservative.”

In the under-two minute video clip below, Shapiro joined Fox & Friends to discuss the new “head tax” in Seattle.  In it, he rapidly lays out the case that should have affordable housing advocates – including manufactured home professionals – on the edge of their seats, with note pad in hand.

Shapiro says that high demand, and over-regulations on developing are part of what’s fueling soaring housing costs.

A profile video on the fast-talking attorney is below.  Shapiro’s approximately 100 million page views a month Daily Wire is roughly 30 times more than what Webalizer says industry-leading MHProNews traffic is. He clearly must have something to say that people want to read and hear.

While the evidence-and-logic focused attorney doesn’t mention any specific kind of housing in the first video, common-sense suggests that the modern manufactured homes that HUD Secretary Ben Carson called “amazing” in recent Senate testimony are an important part of the solution to the affordable housing crisis.  You don’t have to be a brain surgeon to realize that almost everything we use comes from a production center.

The logic of factory-based home building is proven, and necessary.

Affordable housing is a non-partisan issue, as Danny Ghorbani – an engineer and the retired founding president of the Manufactured Housing Association for Regulatory Reform (MHARR) – has often said.

With this more business-friendly regulatory environment under the Trump Administration, the time is now to promote a better understanding of the factors that fuel economic growth.

Lower taxes, less and more common-sense regulations, are spurring the economy.

The Treasury took in a record amount of taxes last month, even though there’s been a big tax cut.  The formula that the Daily Business News has noted worked for Democratic President John F. Kennedy and Republican President Ronald Reagan, is also working for pragmatic President Donald J. Trump.

If the industry can cut through the D.C. noise, and get HUD and FHFA to enforce existing laws, the result will be a revival of manufactured housing (see related reports, below).  Thus private enterprise – in the form of routinely unsubsidized manufactured homes, as Secretary Carson said – can be an important part of the solution to the affordable housing crisis.

On a closing note regarding Shapiro.

BenShapiroJDDailyWireWikipediaManufacturedHousingIndustryDailyBusinessNewsMHProNews

Note that “progressive” (read, Democratic) Jeff Bezos led Amazon, and equally progressive led Starbucks are among those hollering the loudest about the new Seattle head-tax.  Doesn’t Amazon’s threat to not build there make the point that higher taxes harm an economy?

Issues of taxation and regulation, as MHProNews has said for years, can be summed up like this.  The power to tax or regulate is the power to destroy. Manufactured home industry professionals, investors and advocates need to see the reality of that logic.  It is up to professionals to point to events both past and present that prove that to be so. We must personally take those proven principles, and make that case with your circle of influence, in the marketplace, and at the ballot box. ## (News, profile, analysis, and commentary.)

(Third party images and citations are provided under fair use guidelines.)

Related Reports:

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

Seattle’s Assault on Amazon, Bigger Businesses Passes Affordable Housing Tax, Plus MH Market Updates

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L. A. ‘Tony’ Kovach addressing industry professionals in an educational session.

By 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:
http://www.linkedin.com/in/latonykovach

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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.

 

 

 

“Audit the Algorithm!” – Mark Zuckerberg, Facebook and Google Monopoly – Manufactured Housing Marketers Notice

May 14th, 2018 No comments

AuditTheAlgorithymMarkZuckerbergGoogleMonopolyPowerManufacturedHousingMarketNotice

Americans respond to print media, signage and off-line marketing methods, as attentive manufactured housing industry professionals know.

 

That noted, the research says that most home shoppers at some point are shopping online.

According to research by Google and the National Association of Realtors, 90 percent of housing shoppers are doing at least some of that shopping online.

Rephrased, that means that manufactured housing professionals are beholding, and to a real extent, are at the mercy of what Google and Facebook’s algorithms dictate.

What that means is that the search-tech giants have a huge influence over manufactured homes, or other housing searches.  That same point – the influence of Google and Facebook – can be made about their influence over the news millions consume.

That concentration of monopolistic economic power has caused concerns among the mainstream media, politicos and others.

 

A Striking Admission by Facebook Founder, Mark Zuckerberg

There are times that admissions are made by powerful people that deserve to be etched into the memories of manufactured housing industry professionals.

MarkZuckerbergCreditEntreprenuerDailyBusinessNewsMHProNews

Facebook co-founder, Mark Zuckerberg, is already a force in manufactured housing marketing.  Before the recent concerns, he was widely rumored to be a Democratic contender for president. What’s certain is that he and other tech giants can influence who the next president or other elected officials are.. 

Facebook CEO Mark Zuckerberg acknowledged that Silicon Valley is an “extremely left-leaning place,” per the Washington Times.

That four-word candid admission by Zuckerberg speaks volumes.

It isn’t just billionaire Zuckerberg who leans left, is what he is admitting. High profile Google, Apple, Amazon, Microsoft, and Berkshire Hathaway leaders all do too.  Why? And why does it matter?

NewsCorp, the parent to Fox News, is calling for an outside audit of the algorithms the tech giants are using, per the Deadline, because of the enormous power they have over the marketplace.

 

To illustrate the power NewsCorp and others are fretting about, Drudge recently reported that:

  • Google is the number one website online,
  • Facebook is number two,
  • and Google parent Alphabet owned YouTube is now number three.

Everything else online pales in comparison.

That monopolistic power in search means Alphabet-Google-YouTube and Facebook influences news consumption.

It also means that ad revenue is increasingly concentrated in the hands of the tech giants, not local or even national media.

Warren Buffett has admitted that newspapers as we know them are dying, and he owns a number of media outlets. “It’s difficult to see how the print product survives over time,” Buffett has said.

 

Left and Right, the Anti-Monopolistic Fight?

If the Democratic Party really is the people’s party, why have so many Democrats kissed up to billionaires for so long? It’s an issue for progressives among Democrats, question that Elizabeth Warren and others have wrestled with.  Taking on the giant monopolies is part of the “Better Deal” the Democrats rolled several months ago.

Elizabeth Warren is among those calling for a breakup of monopolistic power.  By doing so, some argue, it will boost the economy, fuel more businesses, create more jobs, and thus make wages go higher too.

As MHProNews has reported, there are voices ranging from the far left to the far right calling to control or break up the monopolies.  Right leaning Breitbart, was joined by left leaning Fortune recently, with the following concern.

The mere size, power, and mostly unregulated conduct of the digital monopolies—Facebook, Alphabet [parent to Google and YouTube], Amazon, Apple, and Microsoft — as well as the unprecedented scale and speed with which personal data is collected and turned into predictive algorithms, creates an omniscient, opaque machinery that threatens to erode the very foundation of American democracy,” wrote Moran Cerf, Sandra Matz, and Guy Rolnik. 

 

Winner Take All?

The digital economy has turned into a winner-takes-all arena, with a small number of companies controlling large parts of the market. The resulting lack of competition can potentially hinder innovation and entrepreneurial growth and exacerbate inequalities in labor markets. Companies like Amazon, for example, can strong-arm taxation systems and recruit our best and brightest talent to work on tasks that are crucial to its business,” said the trio of writers for Fortune.

News flash, to industry professionals.  If it is “winner take all,” that means that the vast majority of businesses will become the losers.

Specifically, they can employ anti-trust rules aggressively to break existing digital monopolies (i.e. break down Google into smaller corporations that are not allowed to share user data or resources)… Prior government interventions, such as the successful anti-trust regulation of Bell Labswhich resulted in the growth of Silicon Valley—could serve as role models,” per Fortune.

In fact, standing up to digital monopolies is in corporations’ best self-interest…If Alphabet decided to enter the real estate brokerage market tomorrow, the sheer amount of data it holds on individuals from all over the world would make it a leading competitor overnight,” said Fortune.

The article added, “While many of the digital monopolies have started out under the ethos of audacious social missions—such as “connect the world” (Facebook) and “organize the world’s information” (Google)—their current practices make their missions sound more like “exploit human vulnerabilities” or “claim the maximum amount of user attention.”

NewsCorp says audit and regulate them.

But others are saying there is a need to break up these giants.

Scott Galloway is one the Daily Business News has mentioned before. The same principle applies to other giants, which are found in the related report links below.  Note that left and right news media videos above and below show that the interest spans the spectrum.

But the takeaway for marketers, investors and industry professionals is this.

The midterms are rushing up.  There ought to be a push to ask politicos where they stand on the problems of modern monopolies. Will they support those who believe that breaking up the monopolies is good for the majority of businesses, and is good long term for jobs and the vast majority of people?

There is still time to act.  We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

Related Reports:

Affordable Housing Revolt! Amazon’s Jeff Bezos Video Responds to “Breakup” Growing Monopoly, and Manufactured Housing

Meet the Modular Housing Builder Google Picked, and their “Industrial Cathedral”

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

 

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Sunday Morning Manufactured Housing Industry Research, Reports, Headline News Recap 5.6.2018 to 5.13.2018

May 13th, 2018 No comments

SundayMorningManufacturedHousingINdustryResearchDataReportsHeadlineNewsRecap562018to5132018MHProNews

 

Millions could care less about politics. Many don’t want to talk about religion either. Especially those in business, who want to be able to serve as many people as possible, topics like that are almost a taboo.

Then there is “industry politics.”  Some only want to hear ‘good news.’  ‘We keep it positive’ was part of a longer thread of messages from an industry blogger.

Isn’t that like not wanting to know when it will rain, hail, snow – or if a hurricane is coming your way?

When the industry was on its heels in October of 2009, the year what’s known as MHProNews launched, there was a need then to get industry professionals to rally.  That required cheer leading, but it also required the facts that supported the reasons to be confident in our factory-built home – notably HUD Code manufactured home – industry.  But modular, prefab, conventional – all housing slid in those days

The automotive, RV, and conventional housing industry recovered more rapidly than manufactured homes did.  Why?  Document and fact laden Smoking Gun 3 will help answer that question.

MHProNews waited to see who among the industry’s trade voices would let the thousands who didn’t go to Las Vegas know that the MHI event was repeatedly disrupted by protestors. It’s on video. See that on the Masthead, because who else in the industry among industry trade talkers will bring you what is real?

We don’t want disunity,’ or ‘But we don’t want to hear negative things,’ some say.  Sure, we get that on the Daily Business News, but as an MD by training, I can tell you that patients don’t want to hear that they have a serious illness either.  Early treatment is the path to the cure.

The doctor, attorney, or account who tells you only what you want to hear can get sued for malpractice.  Don’t you want reliable information, not just happy talk?

As an MD and as a mother-to-be, I didn’t want to hear that our son Tamas wasn’t going to live.  But thank God, by prayer and daily action, he did live and while it required a complete change of plan for me personally, look at what a child who spent much of the first years of his life in a hospital looks like today.

DisplayModelTunicaManufacturedHousingShowTamasKovachAttendeeDailyBusinessNewsMHProNews

Tamas Kovach (pronounced like “TahMash CoVatch), is part of the MHProNews/MHLivingNews family, with a Tunica Show attendee. Numerous such photos are taken during the course of the event.

Sacrifices were made in my career for the sake of our son.  Because we faced a tough reality in the face – through that combination of action and prayer – the payoff with our son was priceless. Almost everyone who meets him rapidly says, how special he is.  At the affordable housing focus group, our son went from table to table, telling joke after joke, to the delight of the attendees, while the video cameras, mics. and lights were being set up.

Every child is special.  Every adult is too.

On MHLivingNews, where the industry truly needs something positive, we do that better than anyone ever in the history of the industry.  But we also use that site to disprove time and again the false and misleading concepts that are held by millions.  It is done factually, based upon evidence, using as often as possible third party research, actual home owners, or other experts. No one else in the history of the industry has produced more such research, useful, and positive content.

The industry still needs a level of confidence building.  But it also needs reality checks and fact checks so that those who hide the facts – who hide the real news, and what’s going on behind the scenes – are shown to be who they are.

In the real world, people do bad things to each other, like it or not.  You have to be ready for that, as a mature adult.

In medicine, you change the prescription and the treatment according to the evidence and to suit the case of the patient.  We pivoted on our format here on MHProNews several times, to suit the evolving situation and to follow the evidence, while following the money.

There’s an affordable housing crisis, and manufactured housing might break the 100,000 shipment mark this year.  That, to borrow HUD Secretary Ben Carson’s phrase, is “ridiculous.”  See Greener and Stylish to better understand just how ridiculous some of what’s been going on in MHVille truly is.

Or on the Masthead, see a report you have yet to see anywhere else in manufactured housing industry trade news or commentary.

Or look at the modular survey for a different reality check.  Some want to run to mods as the solution.  We embrace all kinds of factory built housing.  But if someone thinks that “going modular” alone is the answer, that survey is a wake up call.

The latest MH Industry BIG DEAL is below, with details not found in the official press release.

Not just those, but every story we publish is carefully curated to inform – and yes, inspire – industry professionals.

That’s why you made and keep us the runaway #1 trade media in the industry. That’s what third party facts reveal. Thank you for that confidence.  We don’t ever intend to betray it, even if it means tell you some tough realities. From the biggest names in the industry, to the mom-and-pops, and all in between – plus public officials, investors and others – they all flock to read here by the thousands daily. That’s just a fact.

FactsDetailsMatterScrabbleLettersManufacturedHomeIndustryDailyBusinessNewsMHProNews

On the nightly market report, we summarize headlines from CNN Money and Fox Business – about as different as you can get – just to give you a fuller sense of how dramatically different the same events are often covered.

We’ve done that for years.  It is called balance.  It’s called fairness. That’s what being truly pro-industry looks like.

Count on us to tell you what the evidence points to, what it means for industry professionals, so that you can better navigate your decisions and actions.  Then, you’ll understand this tag lines, MH “Industry News, Tips and Views Pros Can Use.” ©We Provide, You Decide.” ©

That said, let’s dive into your Sunday Morning Headline news recap…

 

What’s New on MHLivingNews

Evolutionary American Dream, from Tiny Trailer Houses, Mobile Homes, to “Amazing” Modern Manufactured Homes

Evolutionary American Dream, from Tiny Trailer Houses, Mobile Homes, to “Amazing” Modern Manufactured Homes

 

What’s New on the Masthead

Anti-MH Industry MHAction Protesters Have Struck Manufactured Housing Again, and Again

Anti-MH Industry MHAction Protesters Have Struck Manufactured Housing Again, and Again

 

May Featured Articles

http://mhmarketingsalesmanagement.com/featured-articles/may-2018 

FeaturedArticlesReportsMay2018ManufacturedHousingIndustryInterviewsDailyBusinessNewsMHproNews_001

What’s New on the Daily Business News

DailyBusinessNewsLogoMHProNewsLogo (1)

Saturday 5.12.2018

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

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

 

Friday 5.11.2018

Reprieve in Community Closure Collision, Another Round Ahead?

Reprieve in Community Closure Collision, Another Round Ahead?

Hyperloop Nearly Complete, Pros, Cons, Videos, MH Impacts – Plus Manufactured Housing Industry Investor Market Reports, Data

Manufactured Housing Supporting VP Mike Pence in Elkhart, Indiana – Highlights

Manufactured Housing Supporting VP Mike Pence in Elkhart, Indiana – Highlights

White House Official Statement on Artificial Intelligence – Industry and Business Summit

 

Thursday 5.10.2018

Home Group Commissions YouGov Study, Most Don’t Understand Modular Homes

Home Group Commissions YouGov Study, Most Don’t Understand Modular Homes

Communities and Counties Pay People to Move There, Plus Manufactured Housing Industry Market Reports

Governor Signs new “Mobile Home” Act

Governor Signs new “Mobile Home” Act

Coldwater, Tall Grass, P&Z Battles, Manufactured Home Community Plan OK’d – Manufactured Housing and the Don Westphal Back Story

Coldwater, Tall Grass, P&Z Battles, Manufactured Home Community Plan OK’d – Manufactured Housing and the Don Westphal Back Story

 

Wednesday 5.9.2018

Uber Flying Taxis, Manufactured Housing Impact – Plus Manufactured Home Industry Market Data, Updates

Manufactured Housing and the Midterms, what did Democratic and GOP Primaries Signal?

Manufactured Housing and the Midterms, what did Democratic and GOP Primaries Signal?

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

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

Yes! Communities Closes on Major Deal, Added Insights Not in Media Release

Yes! Communities Closes on Major Deal, Added Insights Not in Media Release

 

Tuesday 5.8.2018

Manufactured Home Nonprofit Affordable Housing Initiative Brings Joy, But Hits Wall

Manufactured Home Nonprofit Affordable Housing Initiative Brings Joy, But Hits Wall

Stocks Mixed After POTUS Trump Announcement, Plus Manufactured Housing Industry Market Updates

Promoting Home Ownership and Private Property is Premised by Understanding This

Promoting Home Ownership and Private Property is Premised by Understanding This

MIA from Fannie Mae’s Latest Housing Survey, MHI Producer Sounds Off

MIA from Fannie Mae’s Latest Housing Survey, MHI Producer Sounds Off

 

Monday 5.7.2018

Warren Buffett on President Trump’s Tax Cut, Berkshire Video, Plus MH Stocks, Market Update$

Manufactured Housing Roadblock? BBC Reports “Trailer Park Living”

Manufactured Housing Roadblock? BBC Reports “Trailer Park Living”

Style or Substance? Lesson from Most Hated in America – Monday Morning Manufactured Home Sales, Marketing Meeting

Style or Substance? Lesson from Most Hated in America – Monday Morning Manufactured Home Sales, Marketing Meeting

Affordable Housing Revolt! Amazon’s Jeff Bezos Video Responds to “Breakup” Growing Monopoly, and Manufactured Housing

Affordable Housing Revolt! Amazon’s Jeff Bezos Video Responds to “Breakup” Growing Monopoly, and Manufactured Housing

 

Sunday 5.6.2018

Sunday Morning Manufactured Housing Industry Research, Reports, Headline News Recap 4.29.2018 to 5.6.2018

Sunday Morning Manufactured Housing Industry Research, Reports, Headline News Recap 4.29.2018 to 5.6.2018

The above is just what the doctor ordered for this past week. Thanks to those who noticed that I took a little time off at the end of this past week, it was great, but glad to be back too. ## (Headline news, week in review, analysis, and commentary.)

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

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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.

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

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

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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

 

Manufactured Housing Supporting VP Mike Pence in Elkhart, Indiana – Highlights

May 11th, 2018 Comments off

ManufacturedHousingSupportformerIndianaGovVicePresidentMikePenceElkhartINManufacturedHomeIndustryDailyBusinessNewsMHProNews

Former Indiana Governor Mike Pence knows manufactured housing, sources in the Hoosier state tell MHProNews.

 

Vice President Pence also knows and uses the correct terminology, and supports the industry, those same sources tell the Daily Business News.

The 58 year old vice president is mentioned by some as a potential successor for President Donald J. Trump.  He spoke Thursday in Elkhart Indiana, as the ‘opening act’ for the 45th president.

MikePenceVicePresidentoftheUnitedStatesWikiManufacturedHousingINdustryDailyBusienssNewsMHProNews

Elkhart is a hub for RVs, manufactured housing and several supporting producer businesses tied to the two industries. Elkhart is also where the RV MH Hall of Fame and museum is located.

The theme of Vice President Mike Pence was “Promises Made, Promises Kept.”

He ticked off a list of accomplishments, but among those of interest to manufactured housing industry professionals:

  • 3.1 million new jobs since the election,
  • 33,000 new jobs in Indiana.
  • 315,000 new manufacturing jobs.
  • 8,000 good paying manufacturing jobs” in Elkhart, IN alone.
  • Unemployment “not this low since 2000.”
  • Elkhart County has 5th lowest unemployment rate in America.

Consider the video a preview of the themes for the 2018 midterms.  Some one liners from the video, shown.

Jobs are coming back.”

Confidence is back.”

Under President Trump, America is back, and we are just getting started.”

We will make America prosperous again.”

The vice president focused fire on vulnerable Senator Joe Donnelley (D-IN)

“Time after time, when the president asked” Senator Donnelley to “support the policies Hoosiers need, Joe voted no.

Senator Donnelly is one of 10 Democrats in states that President Trump carried in 2016 that are up for reelection in 2018.

While much of the mainstream media has been saying for months that there is a blue wave coming in November, if the president’s polling is any indicator, that claim is doubtful if the elections were held today.

But the elections are about 6 months out. Much can occur between now and then.  The president’s and vice president’s message to their base? It could be summed up as stay engaged, vote, and keep the economic momentum going. ## (News, analysis, and commentary.)

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

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L. A. ‘Tony’ Kovach addressing industry professionals in an educational session.

By 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:
http://www.linkedin.com/in/latonykovach

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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.

 

 

 

White House Official Statement on Artificial Intelligence – Industry and Business Summit

May 11th, 2018 Comments off

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Long before others in manufactured housing raised the topic of artificial intelligence (AI), robotics and automation as a concern for workers and independent businesses, the Daily Business News on MHProNews has led the charge on raising the industry’s awareness of the many nuances to this disruptive challenge.

 

With giants like Clayton Homes, directly and via surrogates, touting their edge in this field, the presidential initiative on AI is timely (see related reports, at the end of this post, below).  Part of the discussion needs to be how can the playing field be kept level between huge companies and smaller firms, down to the mom-and-pop level company?

We’re presenting the White House’s official statement to the Daily Business News on the issue in its entirety, below.

We’ve paired the Oval Office briefing with a video overview, courtesy of Special Report.

 

FACT SHEETS

Artificial Intelligence for the American People

 INFRASTRUCTURE & TECHNOLOGY

Issued on: May 10, 2018

PresidentDonaldJTrumpOfficialPhotoWhiteHouseStatementOnArtificialIntelligenceInitiative2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Composite image by MHProNews.com, includes White House press room quote and the president’s Facebook photo.

 

We’re on the verge of new technological revolutions that could improve virtually every aspect of our lives, create vast new wealth for American workers and families, and open up bold, new frontiers in science, medicine, and communication.”

      President Donald J. Trump

 

PRIORITIZING FUNDING FOR ARTIFICIAL INTELLIGENCE (AI) RESEARCH AND DEVELOPMENT (R&D): The Trump Administration has prioritized funding for fundamental AI research and computing infrastructure, machine learning, and autonomous systems.

  • The Federal Government’s investment in unclassified R&D for AI and related technologies has grownby over 40% since 2015, in addition to substantial classified investments across the defense and intelligence communities.
  • In the annual guidanceto heads of executive departments and agencies, Office of Management and Budget (OMB) and the White House Office Science and Technology Policy (OSTP) directed agencies to focus on emerging technologies including machine learning and autonomous systems.
  • President Trump’s FY2019 Budget Request was the first in history to designate artificial intelligence and autonomous and unmanned systems as Administration R&D priorities.

REMOVING BARRIERS TO AI INNOVATION: The Trump Administration is enabling the creation of new American industries by removing regulatory barriers to the deployment of AI-powered technologies.

  • Last September, the Department of Transportation released an updateto the 2016 Federal Automated Vehicles Policy, providing non-regulatory guidance to automated vehicle developers to enable the safe integration of driverless cars onto American roadways.
  • In October, President Trump signed a Presidential Memorandumto permit States and localities to conduct innovative commercial and public drone operations currently prohibited under FAA regulations.
  • Last month, the FDA approvedthe first ever AI-based device for medical diagnostics to detect diabetic retinopathy, the leading cause of blindness among working-age Americans.

TRAINING THE FUTURE AMERICAN WORKFORCE: President Trump has taken Executive action to give the American worker the skills to succeed in the 21st century economy.

ACHIEVING STRATEGIC MILITARY ADVANTAGE: The Trump Administration’s National Security Strategy recognizes the need to lead in artificial intelligence, and the Department of Defense is investing accordingly.

  • President Trump’s National Security Strategywas the first in history to specifically call out the importance of AI for the future of the American military.
  • The National Defense Strategycommitted to investing broadly in military applications of autonomy, AI, and machine learning.

LEVERAGING AI FOR GOVERNMENT SERVICES: Executive departments and agencies are applying AI to improve the provision of government services to the American people.

  • The President’s Management Agendacalls for using automation software to improve efficiency of government services and maximizing Federal data sharing with the American public, which will support non-Federal AI research applications.
  • The General Services Administration is conducting pilot programsthat leverage AI, including a tool to predict regulatory compliance that is scheduled for production in cloud.gov this year.

LEADING INTERNATIONAL AI NEGOTIATIONS: White House OSTP led U.S. delegations to the 2017 and 2018 G7 Innovation and Technology Ministerials, and is working with our allies to recognize the potential benefits of AI and promote AI R&D.

————- end of White House’s brief to MHProNews ————-

Technological advances have served humanity for centuries.  Will this time be different?  The challenges include the fact that other nations are pushing robotics, AI and automation in their military, cyberwarfare and in business too. It’s a complex issue, one that we’ll continue to report on.  ## (News, analysis, and commentary.)

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

Related Reports:

Clayton Homes’ “Robots” – Automation’s Role in Warren Buffett’s Berkshire Hathaway’s “Durable Competitive Advantage” in Manufactured Housing

AI, Robots Replacing Skilled Positions More Rapidly Than Expected

LATonyKovachMHProNews-com-

L. A. ‘Tony’ Kovach addressing industry professionals in an educational session.

By 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:
http://www.linkedin.com/in/latonykovach

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

 

Promoting Home Ownership and Private Property is Premised by Understanding This

May 8th, 2018 Comments off

PraegerUPalmHarborHomesCreditBottomLeftManufacturedHousingIndustryDailyBusinessNewsMHProNews

Private property rights are a foundational issue for the manufactured housing industry, and all other housing professionals, and consumers.

 

Nevertheless, those private property rights, along with many others, are widely misunderstood.

Primaries will be decided in several states today. How engaged are most Americans in politics?  How well do most Americans understand the U.S. Constitution, or the Bill of Rights?

For decades, the answer has been too few, and it’s getting worse.

Going back to Dec 15, 1991, the New York Times reported that “The bar association’s survey offered multiple choices. Thirty-three percent correctly identified the Bill of Rights as the Constitution’s first 10 amendments; 28 percent said it was a preamble to the Constitution; 22 percent said it is any rights bill passed by Congress; 7 percent chose “a message of rebellion…”

In September 2017, the University of Pennsylvania’s Annenberg Public Policy Center revealed just how dismal the understanding of the rights of “We, the People” are today.

For example, the Annenberg report said in part:

WhatAreRightsGuaranteedbyFirstAmendment

The First Amendment reads:

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Contrary to the First Amendment, 39 percent of Americans support allowing Congress to stop the news media from reporting on any issue of national security without government approval. That was essentially unchanged from last year. But the survey, which followed a year of attacks on the news media, found less opposition to prior restraint (49 percent) than in 2016 (55 percent).”

RuleofLawPraegerUManufacturedHousingINdustryDailyBusinessNewsMHProNews

Why it Matters to MHVille

As noted, failure to understand private property and other rights defended by the Constitution have already encroached upon Americans, and our industry, for years.

The Daily Business News knows that a growing percentage of readers are millennials, and others who have had an incomplete understanding of their rights, and the strengths of the “American Way.”

That ignorance about the basics of the American way premised upon free enterprise, and a limited federal government system are pushing American politics.  While that trend is frankly easier to spot in the Democratic party – many of whom are openly embracing socialism – than the GOP, it would be foolish to believe that the tilt to the left hasn’t influenced both major parties.

It has.

Yet the historic wealth of the nation arose from free enterprise, which is founded upon what the founders called “God-given” rights, that are protected by a government of enumerated – meaning, defined and limited – powers.

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The Constitution limits the government, which is a way of protecting the people from an overreach by public officials.

The lurch towards more government power, higher taxes and higher regulations, are among the causes of the economic stagnation that slowed the U.S. economic growth to a crawl.  The billions flowing into America now, were preceded years ago by the reverse flow of money out, as taxes and regulations became too onerous.

While the economy is moving more rapidly ahead now that even 18 months ago, the U.S. economy has not yet achieved it potential. Gains have been established by more pro-growth, pro-business – which tends to be, good for job creation and thus higher wages –  changes in policy.  But if cutting regulations and taxes are reversed at the polls next November, then millions could effectively and tragically be voting themselves into a more limited future.

 

Limited Government of Enumerated Powers Protects Your Rights

Was the Constitution written in a way that was designed to protect freedom and limit the government’s size? Has it been effective in doing that? And what’s the Supreme Court’s record when it comes to protecting our rights? Robert George, Professor of Jurisprudence at Princeton University, answers these questions and more,” per the Prager University YouTube page the video below is found.

 

Political Limits on Power Protect Economic Interests and Private Property Rights

Even though the U.S. in terms of gross domestic product (GDP) is still the dominant economic power, our economic lead as a nation has been essentially cut in half in the years since World War II.

The video posted pushes 5 factors that are good, two frankly require far more nuanced attention to be accurate (trade and globalization). Free trade, as the Trump Administration says, must be fair trade, or else jobs have and will flow from the U.S. into other countries.

It is MHProNews’ editorial view that “free enterprise” is a better term that “capitalism,” which is a term actually coined by Karl Marx.

The above noted, the video above from Arthur Brooks, president of the American Enterprise Institute, explains some key concepts in just a few minutes.

Think about this, hasn’t much of the problems that the industry has faced directly connected with some local, state or federal government over-reach, or failure to properly? Consider having your staff and colleagues take 15 minutes to read this, and watch the 2 videos. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

Related Reports:

“Death by Government,” Fascism, Communism, Socialism, ‘Big Brother,’ per Williams, Rummel and Owens

Troubling New Study Reveals a Millennial Trend, Business, Economic, Political Impact 

Affordable Housing, and Today’s Manufactured Homes, Yesteryear’s Mobile Homes

 

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