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President Trump Mulls Federal Action Intervening on Homeless Crisis in U.S. Cities

July 2nd, 2019 Comments off

 

PresidentTrumpMullsFederalActionInterveningHomelessCrisisInUSCitiesDailyBusinessNewsMHProNews

Still from the first video, posted below.

Tucker Carlson Tonight (TCT) had an exclusive interview with President of the United States (POTUS) Donald J. Trump that was aired on 7.1.2019.  It covered foreign and domestic affairs. It included concerns over antitrust or monopolistic related issues, but also on the growing problems of homelessness in America.

 

The first segment of part two of that interview begins with questions about the power of big tech over the marketplace.  From that, is this POTUS Trump pull-quote: “A lot of people want us to take [federal antitrust, other legal] action against Facebook, Twitter and frankly against Amazon.”

When asked by Carlson if the Trump Administration will take action, the 45th president demurred, saying “I can’t say,” meaning he is not able to comment.

About halfway through this video below on right-of-center Fox News, Carlson pivots to a comparison of the cleanliness of Japanese cities compared to many in the United States.

 

 

Carlson named New York City, San Francisco, and Los Angeles as examples of cities with a homeless problem.  These are among the places that MHProNews and our sister site have reported on or mentioned previously.

The president said, “Its disgraceful…We are looking at it very seriously. You can’t do that,” meaning allow such problems to occur.

The president said that people and police officers are getting sick just from walking the streets were human waste and other troubling issues are occurring routinely, as was dramatically documented in the viral “Seattle is Dying” video report.

 

SeattleisDyingAreCitiesNearYouDyingTooHighCostsCorruptedSystemsManufacturedHousingPotentialSilverLiningMHProNEws

 

“…You can’t do that, you can’t ruin our cities,” the president told Carlson. He said it is the “liberal Establishment” that runs those cities. “It’s a terrible thing that is taking place.”

The president said that shortly after he took office, that he addressed similar issues that were occurring in “certain places in Washington, D.C. where that was starting to happen.”

POTUS Trump said he ended it “very quickly” because you can’t have world leaders coming and witnessing that in the nation’s capital.

After putting it in the context of the prior beauty of San Francisco, where Trump branded companies have business interests, he said, “We are looking at that very seriously.

Do these governors or mayors” where these troubling issues are occurring “really think this is a positive?” rhetorically asked the president. He said the problems with homelessness wasn’t okay, and “It’s destroying a whole way of life.”

The first part of the same interview is posted below.  It dealt more with trade and foreign affairs.

 

 

How Does This Homeless Issue Relate to Affordable Housing, and Manufactured Homes?

That too is a rhetorical question, because the connection should be obvious. The recent White House announcement of an executive order that established a council to address the barriers to affordable housing is arguably a predicate to whatever the Trump Administration is preparing to do.

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

That’s “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” ©. ## (News, fact-checks, analysis, and commentary.)

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

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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.

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

Democrats 2020 Presidential Hopeful Polls Shows VP Biden Drop, Plus Senator Kamala Harris (D) vs. POTUS Donald J. Trump (R) “Matchup” Video

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

 

NFIB President Touts Optimism, Says Capital Spending, Expansion, and Sales Expectations Drive Performance – Plus Manufactured Housing Stock Updates

July 1st, 2019 Comments off

CNNmone7.1.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt is easy – and sometimes wise – to follow the same reports that others in business media are reporting.  CNBC, Fox Business, CNN and others today are among those reporting on the ‘pause’ in the U.S.-China trade war, the surge in the markets, and the wisdom of allowing U.S. firms to sell to China’s Huawei. Each of those are relevant.  They are all among the market movers cited in our left-right headline summary that follows. But tonight’s focus report is on small business and the return of optimism reported by the National Federation of Independent Business (NFIB). Catching up on the view from the giant NFIB association will be our featured report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

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

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

 

The timing on the new Trump Administration executive order (EOs) was interesting. Consumer confidence has wavered. Conventional housing sales have dipped. That said, these types of EOs don’t just pop out of thin air. They are developed over time. There are inputs from a variety of potential federal, state, private industry stakeholders. On a down day for the markets, and mixed results on manufactured housing track stocks, the official White House statement and a video interview with HUD Secretary Carson are our focus for this evening.

CNN Business

  • Monopolies are destroying the American Dream
  • Antitrust is a 2020 issue. That’s good because our democracy is at stake, one expert argues
  • S&P 500 sets new closing record
  • ANALYSIS The fragile US-China truce won’t heal wounds already made by tariffs
  • Investors are frantically searching for yield in a low-rate world
  • Gas taxes are rising because Americans are driving more fuel-efficient cars
  • Iran oil minister: ‘OPEC might die’
  • Jeff and MacKenzie Bezos’ $38 billion divorce settlement is expected soon
  • New York will start enforcing its styrofoam ban today
  • OPINION America is failing its workers
  • Pepsi is ditching plastic bottles for cans, even for water
  • Shopping Content by CNN Underscored
  • Here’s how to preorder the new Xbox Elite 2 Wireless Controller
  • Malls are catering to a new type of customer: gamers
  • Kevin Durant signing with the Nets is terrible news for Madison Square Garden shareholders
  • Four day work weeks sound too good to be true. These companies make it work
  • Uber will now show you where to rent bikes and scooters
  • Harley-Davidson making small motorcycles in China
  • Your first ride on an e-scooter will be the most dangerous
  • Uber and Lyft battle LA over future of transportation
  • Usain Bolt has his own e-scooter company
  • HARNESSING THE POWER OF THE SUN
  • These women are bringing electricity to millions in India
  • Yes, this car is solar-powered. But it still has a plug
  • Indian farmers are using the sun to help water their crops
  • Harnessing India’s sunny days for power
  • Cookie maker buys enough solar energy to make 10 billion Oreos a year

Fox Business

  • S&P 500 stock index begins July by setting a record high
  • Trump tells New York to rethink tax laws after New Jersey kills millionaire’s tax
  • Costco sells $7B in clothing a year, surpassing some apparel retailers: report
  • NBA free agency spending tops $3 billion in 24 hours
  • Bobby Bonilla’s Mets contract: Why ex-MLB star gets $1.19M annually until he’s 72 years old
  • Trump’s ‘brilliant stroke’ with China’s Xi a win for US, Michael Pillsbury says
  • These are the best and worst run cities in the US, report finds
  • US economy breaks record with post-recession expansion
  • California gun owners face new background checks for ammo purchases
  • What is Scooter Braun’s net worth?
  • Amazon CEO Jeff Bezos to pay out $38B to MacKenzie as divorce settlement is finalized
  • Wimbledon prize money breakdown: Here’s how much the winners will get
  • Warren Buffett to donate $3.6B in Berkshire Hathaway shares to these five foundations
  • What is Kamala Harris’ net worth?
  • OPEC extends oil production cut by 9 months
  • Former McDonald’s USA CEO: Burger King hogging all the Impossible Burgers
  • USMCA will unleash American innovation: Dems must not stand in the way
  • Democrats have been ‘hijacked by unelectable socialists’: Varney
  • Trump-Xi trade talks at G20: America’s biggest weakness is no big secret
  • Impact of Hong Kong protests on US-China trade talks
  • This is the best economy for small business in 50 years: NFIB CEO
  • Facebook providing stability to cryptocurrency?
  • Semiconductor shares surge after Trump lifts Huawei ban
  • Investors appeared to welcome Trump’s move, but it drew scorn from lawmakers in both parties.
  • Halfway through 2019, tech leads Wall Street

 

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

9MarketIndicatorsYahooFinance7.1.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

ManufacturedHousingIndustryConnectedStocksYahoo712019DailyBusinessNewsMHproNews

Still from first video, below.

 

In 2018, Small Biz Trends ranked the NFIB as follows.

 

The Big List of Small Business Associations

·        U.S. Small Business Administration. …

·        SCORE. …

·        U.S. Chamber of Commerce. …

·        NFIB. …

·        International Council for Small Business. …

·        Entrepreneurs’ Organization. …

·        National Business Association. …

·        NSBA.

 

Earlier today, the NFIB’s president and CEO Juanita Duggan on the current economic environment for small business in America said that this is the best economy for small business in 50 years.

Frankly, that’s not the sober view of small business in manufactured housing across America, or what we affectionately refer to on MHProNews at times as “MHVille.”  Small businesses in our industry run the gamut from those doing well to those struggling. But what is beyond doubt is that there were thousands of more small businesses in our industry 20 years ago. While some new locations are opening, they are arguably outpaced by those who close or have sold out to consolidators.

That said, let’s turn to what NFIB reports, to get one more perspective on how MHVille’s small businesses stack up with that of other parts of the economy.

 

 

Here’s the NFIB optimism snapshot from June.

WASHINGTON, D.C. (June 11, 2019) — Small business optimism eclipsed pre-shutdown levels, increasing 1.5 points to 105.0 in May. Six components in the Small Business Optimism Index improved, three were unchanged, and one dipped. Capital spending plans increased along with actual outlays. Small business owners’ expectations for sales, business conditions, and expansion all rose, as the previously reported inventory imbalance was resolved. Earnings, job creation, and compensation remained very strong.

“Optimism among small business owners has surged back to historically high levels, thanks to strong hiring, investment, and sales,” said NFIB President and CEO Juanita D. Duggan. “The small business half of the economy is leading the way, taking advantage of lower taxes and fewer regulations, and reinvesting in their businesses, their employees, and the economy as a whole.”

Business owners reporting capital outlays increased six points to 64 percent, the highest reading since February 2018. Thirty percent plan capital outlays in the next few months, up three points and historically high. Plans to invest were most frequent in transportation (45 percent), manufacturing (39 percent), professional services (39 percent), and construction (31 percent).

“Small business owners are demonstrating a continued confidence in the strength of the economy and are betting capital spending dollars on it,” said NFIB Chief Economist William Dunkelberg. “This solid investment performance is supporting ongoing improvements in productivity and real wages.”

A net nine percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months, unchanged from April and historically strong. The net percent of owners expecting higher real sales volumes rose three points to a net 23 percent of owners. A net 16 percent expect better business conditions, up three points, and 30 percent say now is a good time to expand, a five-point increase. The frequency of reports of positive profit trends improved two points to a net negative one percent, a very solid gain.

The net percent of owners reporting inventory increases was unchanged at a net two percent (seasonally adjusted), consistent with the significant build up in the first quarter that added nearly one point to GDP growth. The net percentage of owners viewing current inventory stocks as “too low” was unchanged at a net negative four percent. The net percentage of owners planning to expand inventory holdings was unchanged at a net two percent, indicating the excessive inventory build in Q1 has been substantially resolved overall, helped by strong sales gains.

Inflation pressures remained subdued, even though reports of compensation gains remained at historically high levels. The government reported a substantial improvement in productivity and an associated decline in unit labor costs which offsets the need to increase prices to cover rising labor costs. The net percentage of owners raising average selling prices fell three points to a net 10 percent, seasonally adjusted. A net 20 percent plan price hikes, seasonally adjusted (down one point).

As reported in the May NFIB Jobs Report, small business owners added a net addition of 0.32 workers per firm, with 25 percent citing the difficulty of finding qualified workers as their Single Most Important Business Problem, matching the record high. Sixty-two percent of owners reported hiring or trying to hire employees, up five points from last month, but 54 percent reported few or no qualified applicants for the positions they were trying to fill (up five points).

About the Small Business Economic Trends

The NFIB Research Center has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 and monthly surveys since 1986. Survey respondents are drawn from a random sample of NFIB’s membership. The report is released on the second Tuesday of each month. This survey was conducted in May 2019.

##

Compare and contrast with NFIB said in the first video from this morning to another one from 4 years ago.

 

Part of the challenge in the U.S. today is a lack of a sense of objective history. There is no doubt that the economy is doing much better than 2 or 4 years ago.

There is also no doubt for those who look at the data that manufactured housing is underperforming.  For more on that, see the related reports, below.

 

MobileHomeEraManufacturedHomeEraMHIA2000EraShipmentProductionDailyBusinessNewsMHproNews2019-06-29_1051

There are several factors that should be understood to explain the rises and falls in the sales, production, and shipments of new factory-built homes during the varied mobile home and manufactured home eras. One should not be overly simplistic. That said, the historic trend is far higher than it has been since Berkshire Hathaway acquired Clayton Homes and their affiliated lenders in 2003. Political and other factors enter into the mix as well.

 

Related Reports:

Addressing Manufactured Housing Insanity, Unusual Equity LifeStyle Properties (ELS) Tip

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

ManufacturedHousingIndustryConnectedStocksYahoo712019DailyBusinessNewsMHproNews

Updated:

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

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

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

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

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

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

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

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

Insightful Quotes for Manufactured Home Business, Investors, and Professionals

June 30th, 2019 Comments off

 

InsightfulQuotesManufacturedHomeBusinessesInvestorsProfessionalsDemocraticQuotesDailyBusinessNewsMHProNews

The quotes that follow from the first two nights of the 2020 Democratic primary are not to be construed as an endorsement of that candidate or their positions.  In some cases, the quotes are aimed to underscore claims backed by evidence.  The candidate may be right on the facts but may or may not be correct in their proposal to deal with those facts.

 

With that said, consider these pull quotes, taken from the full debate transcripts from NBC, linked here.

  • It has been far too long that the monopolies have been making the campaign contributions, have been funding the super PACs, have been out there making sure that their influence is heard and felt in every single decision that gets made in Washington.” Senator Elizabeth Warren (MA-D).

 

  • I know what it’s like to rent a home and to worry about whether you’re going to be able to pay the rent at the first of the month and to see a mom work very, very hard and know that moms across this country are getting paid less simply because they’re women.” Former HUD Secretary Julián Castro.

 

  • I mean, first of all, we’ve got to recognize that the China challenge really is a serious one. This is not something to dismiss or wave away. And if you look at what China is doing, they’re using technology for the perfection of dictatorship.” South Bend, Indiana Mayor Pete Buttigieg.

 

I think we have a serious problem in our country with corporate consolidation. And you see the evidence of that in how dignity is being stripped from labor, and we have people that work full-time jobs and still can’t make a living wage.

We see that because consumer prices are being raised by pharmaceutical companies that often have monopolistic holds on drugs. And you see that by just the fact that this is actually an economy that’s hurting small businesses and not allowing them to compete.

One of the most aggressive bills in the Senate to deal with corporate consolidation is mine about corporate consolidation in the ag sector. So I feel very strongly about the need to check the corporate consolidation and let the free market work.” Senator Cory Booker (NJ-D).

 

  • “…we have to restore the backbone of America, the poor and hardworking middle class people.” – Former Vice President Joe Biden.

 

So the way I understand this, it’s there is way too much consolidation now in giant industries in this country. That hurts workers. It hurts small businesses. It hurts independent farmers. It hurts our economy overall.

And it helps constrict real innovation and growth in this economy.

Now, look, we’ve had the laws out there for a long time to be able to fight back. What’s been missing is courage, courage in Washington to take on the giants. That’s part of the corruption in this system.” – Senator Elizabeth Warren (MA-D).

 

  • “…the 40 million of us who can’t start a family, can’t take a good idea and start a business and can’t buy our first home.” – Congressman Eric Swalwell (CA-D).

 

Socialism, in that sense, is not the solution. We have to look at what really will make a difference

I’m a small-business owner who brought that same scrappy spirit to big Colorado, one of the most progressive states in America.” – former Governor John Hickenlooper.

 

  • “…And at a time when we have three people in this country owning more wealth than the bottom half of America, while 500,000 people are sleeping out on the streets today, we think it is time for change, real change.” Senator Bernie Sanders (VT-I, causes with Democrats).

 

  • Right now, we have a system that favors those who can pay for access and outcomes. That’s how you explain an economy that is rigged to corporations and to the very wealthiest.” Former Texas Congressman Robert ‘Beto’ O’Rourke.

 

I think we have to do real things to help American workers and the American people. Right? This is the issue that all of us hear on the campaign trail…

Then we’ve got to fix our public education system. It’s not delivering the results our kids needs, nor is college and post high school career and technical training programs doing that. You know, I’m very different than everyone else here on the stage. Prior to being in Congress, I was an entrepreneur. I started two businesses. I created thousands of jobs. I spent my whole career helping small- to mid-sized businesses all over the country, 5,000 of them I supported. The Obama administration gave me an award for lending to disadvantaged communities.

I know how to create jobs…” – Former Maryland Congressman John Delaney.

 

  • I was 6 years old when a presidential candidate came to the California Democratic Convention and said it’s time to pass the torch to a new generation of Americans. That candidate was then-Senator Joe Biden. Joe Biden was right when he said it was time to pass the torch to a new generation of Americans 32 years ago. He is still right today.” – Congressman Eric Swalwell (CA-D).

 

There were other noteworthy quotes shared by many of the candidates, not just those noted above or that follow.  A weakness in the format was arguably that there was too few serious follow up questions. For example, in areas where the income inequality, the education process, housing policy, or gun laws have been in Democratic hands for decades, how do those candidates explain that they want to move the nation ahead with their plan, when prior efforts clearly failed?

Wittingly or not, NBC moderator Jose Diaz-Balart made that point with respect to New York City with this question: “Mayor De Blasio, good evening. You’re the mayor of the biggest city in the United States, but it’s also one of the cities in the country with the greatest gap between the wealthy and the poor. How would you address income inequality?”

In that sense of candidates with longer records and little to show for it are perhaps among the most vulnerable contenders.  An example of such is former Vice President Joe Biden. When any candidate says they can ‘fix’ the economy to be more fair to the worker, or fix the problem of big business consolidating smaller ones and their overbearing market and political power, how can they say that with a straight face?  Especially when they had years in office to do so, but failed to do it?  Or, how can a candidate rail against ‘Wall Street,’ or big businesses, when they have accepted years of campaign contributions from some of those same big corporate interests directly or through PACs?

 

  • Yes, they will pay more in taxes, but less in health care for what they get.” – Senator Bernie Sanders. What wasn’t nailed down in that bit of candor is the point made by Thomas Sowell.

 

ThomasSowellQuoteAmazingCannotAffordDoctorsHospitalsMedicationThinkWeCanAffordDoctorsHospitalsMedicationGovernmentBureacucraacyAdministerItMHProNews

See a free enterprise solution for rising health care costs that is already working in numerous U.S. cities and towns, linked here.

 

Be it heath insurance, which is not the same as health care, or most any other instance one cares to mention, government routinely is less efficient than the private sector. The waiting time for treatments in Canada and England for certain procedures with their socialized medical care can be months to years.  That’s why the solution linked here, which costs less and is already proven to work, is but one example of free enterprise offering solutions that big government has failed to deliver.  Why have so many members of both major parties largely ignored that proven pathway?

Whatever the answer to that question, that being so, what must occur is fostering more competition, not less of it.  That’s why the issue of consolidation and monopolization should be important to every American.  It is an area that Democrats – at least in their talking points – have been engaged on more than the GOP, which some have taken notice and are mimicking. While some monopolistic minded businesses may give away something free or at lower cost to gain market share, in time, other options are eliminated. Once no other options exist, where will the competition be to keep prices in check?

That’s why some of those quotes from Democratic candidates cited above are important. As Senator Warren has put it, the laws needed to address these challenges are already on the books. They should be enforced.

What members of both major parties should do, with respect to manufactured housing, is hold hearings to explore how market dominance was or is being achieved, and through prompt public hearings put pressure on federal agencies to act sooner, than later.

 

The Manufactured Housing Connections, Opportunities and Obstacles

Manufactured home professionals should take heart that HUD Secretary Ben Carson has been pushing a narrative for some 2 years, and has recently connected it directly with manufactured housing.  Carson’s recent speech in New Orleans de facto addresses how manufactured homes could play an important role in addressing the issue of income inequality in a way that – at least so far – not one of the Democratic candidates have made a similar tie-in.

Dr. Carson’s evidence based notion is this. Home ownership is perhaps the most proven form of personal or household wealth creation. As Carson said in his speech linked here and above, the typical home owning family has a net worth of some $200,000 vs. the typical renter having a net worth of only some $5,000. Carson further pointed out that FHFA data reflects the point that manufactured homes can appreciate in value too. Rephrased, Carson confirmed prior data points made by researchers, for example, linked here.

The thumbnail analysis above should not be construed to mean that the GOP has every answer, nor that the Democrats do.  There are areas that each major party tends to have a superior or inferior track record.

What citizens must recognize is that identifying a problem is only the start. When someone says ‘free college tuition,’ the same principle that Senator Sanders said applies.  There is nothing free, someone always pays.  Sanders admitted that the middle class will have to pay more in taxes for so-called ‘free’ health care. The same principle applies to free education or any other government handout.

How many taxpayers will be willing to pay for free healthcare for hundreds of thousand to potentially millions of new illegal immigrants a year?  When the Trump Campaign starts hammering home those and other points, Democrats will have to pivot or look like they lack basic math skills. Yet on the second night of the primary debates in Miami, all 10 Democrats on stage raised their hand to say that their health care plan would cover all border crossers.

Do they realize that if that would be true, then what is to stop someone from coming to the U.S. by plane boat, or via the northern border?  Get to the U.S., and you’ll get free healthcare, and a raft of other promises of free stuff?

That’s a concern that a few Democrats have prudently raised. Time will tell if they pivot.  If they don’t, will promises of free stuff that can’t possibly be honored triumph over reality?  We’ll see.

The path to prosperity is arguably found in a combination of factors:

  • breaking up the power of huge conglomerates that drive down employment and keep wages lower in the process.
  • Illegal immigration creates a large pool of lower wage workers too, so controlling borders to prevent illegal entry and vetting who is allowed into enter the country is just common sense that most nations follow.
  • Creating a path to sustainable home ownership that is as simple as possible is prudent too.

These are issues that some Democrats have already proven their ability to engage in positively, as have some Republicans.

  • Facts vs. fantasy.
  • Truth over false promises.
  • Equality of opportunity and rights, not contrived or forced outcomes.
  • Economic basics being applied.

These are some of the things that more of America’s elected and appointed political leaders must learn to embrace.  The late Democratic leader, Daniel Patrick Moynihan, wisely said the following famous maxim.

 

Daniel Patrick “Pat” Moynihan was an American politician, sociologist, and diplomat. A member of the Democratic Party, he represented New York in the United States Senate and served as an adviser to Republican U.S. President Richard Nixon. Born in Tulsa, Oklahoma, Moynihan moved at a young age to New York City. Source: Wikipedia

 

NBC’s Savanah Guthrie asked Colorado’s former governor the following. “Governor Hickenlooper… You’ve warned that Democrats will lose in 2020 if they “embrace socialism,” as you put it.”

Hickenlooper replied, “Well, I think that the bottom line is, if we don’t clearly define that we are not socialists, the Republicans are going to come at us every way they can and call us socialists.”

Right or wrong, belief in socialism is rising, but is still not half of the population.  But when on scratches deeper, what has a broad coalition across the left-right spectrum is a belief that the system is rigged. Many who think they want socialism actually want justice. They want to level the playing field.

That’s where the fertile ground could be found for those willing to tackle in an honest and sensible fashion what has gone wrong for so many in America.  That includes why so many don’t get it that manufactured housing is a valid solution for the American Dream of home ownership, along with the how and why that understanding has been thwarted.

There is plenty of fertile ground for the GOP or Democrats to work in concert, or to campaign on a platform that will be more than empty promises.

It is real challenges and pragmatic solutions that we strive to monitor, fact-check, and report on here at MHProNews.

With no further adieu, let’s dive into the reports for the week that was.

 

What’s New on MHLivingNews

 

 

What’s New in Washington, D.C. from MHARR

 

What’s New on the Daily Business News on MHProNews

Saturday 6.29.2019

  “…the Water’s Edge”

“…the Water’s Edge”

 

Friday 6.28.2019

  Rep SWALWELL Said “Pass The Torch,” Biden says No – Democratic Debates, Nights 1 & 2, Full Transcripts, Videos – plus MH Stock Updates

Rep SWALWELL Said “Pass The Torch,” Biden says No – Democratic Debates, Nights 1 & 2, Full Transcripts, Videos – plus MH Stock Updates

  Investment into U.S. Real Estate Market Risen – 3 Year Trend, Says Marcus & Millichap CEO Hessam Nadji

Investment into U.S. Real Estate Market Risen – 3 Year Trend, Says Marcus & Millichap CEO Hessam Nadji

  Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

 

Thursday 6.27.2019

  Democrats Take Aim Big Business, Breaking Up Monopolies, Antitrust – plus Manufactured Housing Market Updates

Democrats Take Aim Big Business, Breaking Up Monopolies, Antitrust – plus Manufactured Housing Market Updates

  Berkshire’s Joanne Stevens Rips Manufactured Housing Institute

Berkshire’s Joanne Stevens Rips Manufactured Housing Institute

  Clayton Homes Contradicts Wall Street Journal’s “Fannie and Freddie’s Latest Push: Factory-Built Homes”

Clayton Homes Contradicts Wall Street Journal’s “Fannie and Freddie’s Latest Push: Factory-Built Homes”

  Controversial Association Award Spotlights Manufactured Home Industry Challenges

Controversial Association Award Spotlights Manufactured Home Industry Challenges

 

Wednesday 6.26.20.19 

  First of Two Night Democratic 2020 Presidential Debates Ahead, Videos, Facts

  President Trump ‘Big Tech Should Be Sued,’ Google Manufactured Housing Angle Overlooked, Plus Manufactured Home Stock Updates

President Trump ‘Big Tech Should Be Sued,’ Google Manufactured Housing Angle Overlooked, Plus Manufactured Home Stock Updates

  HUD Announces Secretary Ben Carson to Chair White House Council on Affordable Housing, Manufactured Housing Getting Attention

HUD Announces Secretary Ben Carson to Chair White House Council on Affordable Housing, Manufactured Housing Getting Attention

  Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

 

Tuesday 6.25.2019

  President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

  “Incestuous” Lobbying? Kings of K Street, Revolving Door, Big Tech, Berkshire Hathaway – Follow the Money

“Incestuous” Lobbying? Kings of K Street, Revolving Door, Big Tech, Berkshire Hathaway – Follow the Money

  Sun Communities (SUI) As Viewed by Hedge Funds Data, Per Media Reports

Sun Communities (SUI) As Viewed by Hedge Funds Data, Per Media Reports

  21st Mortgage Corporation Manufactured Housing Loan Data, Per Federal Sources

21st Mortgage Corporation Manufactured Housing Loan Data, Per Federal Sources

 

Monday 6.24.2019

 

  Vanderbilt Mortgage and Finance Manufactured Home Loan Origination Data, Per Consumer Financial Protection Bureau

Vanderbilt Mortgage and Finance Manufactured Home Loan Origination Data, Per Consumer Financial Protection Bureau

  HD’s Bernie Marcus Says Bernie Sanders ‘Enemy of Entrepreneur,’ plus Manufactured Home Stock Updates

HD’s Bernie Marcus Says Bernie Sanders ‘Enemy of Entrepreneur,’ plus Manufactured Home Stock Updates

  Nicole Friedman, Ben Eisen, Wall Street Journal – Fannie, Freddie, Manufactured Homes, and MH Financing – Part 1

Nicole Friedman, Ben Eisen, Wall Street Journal – Fannie, Freddie, Manufactured Homes, and MH Financing – Part 1

  Driverless Trucks Coming to Big Box, Will Emerging Tech Impact Manufactured Housing Deliveries?

Driverless Trucks Coming to Big Box, Will Emerging Tech Impact Manufactured Housing Deliveries?

 

Sunday 6.23.2019

  Senate Democrat Specifically Urges Broader Manufactured Housing Lending, Bipartisan Approach to GSE Reform

Senate Democrat Specifically Urges Broader Manufactured Housing Lending, Bipartisan Approach to GSE Reform

 

That’s all that she – and that other guy – wrote on the week that was.  Thanks to our sponsors and readers for making and keeping us the runaway number one in MHVille. That’s a wrap for this Sunday morning edition of “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” ©. ## (Headline news in review, fact-checks, analysis, and commentary.)

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Independent MH Communities, Retailers – NAMHCO’s Susan Brenton Says What Fueled Break from Manufactured Housing Institute (MHI)

George Orwell, All Issues Are Political Issues, Manufactured Housing Challenges, and You

 

 

 

 

 

 

 

 

 

 

 

 

Democrats Take Aim Big Business, Breaking Up Monopolies, Antitrust – plus Manufactured Housing Market Updates

June 27th, 2019 Comments off

CNNmone6.27.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are numerous similar positions among the 10 Democrats that took the stage in last nights presidential debates, but there were some tussles and nuances.  We’ll look this evening at one of the issues that is on the minds of tens of thousands of manufactured housing industry professionals, the outside power of consolidators.  On another mixed day ahead of the G20, that will be our focus this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

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

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

 

CNN Business

  • Jony Ive is leaving Apple
  • Chief design officer who created the company’s sleek aesthetic is leaving after 30 years
  • Companies are cutting ties with prison operators that have facilities on the US-Mexico border
  • Mondelez is buying enough solar power to produce 10 billion Oreo cookies per year
  • Scathing report says Walmart’s grocery store dominance must be stopped
  • ConAgra, owner of Slim Jim and Birds Eye, goes all-in on fake meat
  • Ford is cutting 12,000 jobs as part of its European overhaul
  • These nostalgic video games are a multi-billion-dollar business
  • Inside Impossible’s wild scramble to keep up with America’s newfound love for plant-based protein
  • The world needs to get serious about combatting carbon emissions
  • LaCroix slashed prices to stop its sales slump. Now it faces a new problem
  • SPECIAL REPORT How Honda survived a trade war with the US and won over Americans
  • More than 15 million viewers tuned into the first Democratic debate of the 2020 race
  • Boeing drags Dow to lower finish
  • Nike pulls products in China after designer sparks social media outrage
  • Starbucks has nearly 1,000 stores in the UK. They’re losing money
  • Dunkin’ bet on better breakfast. It’s paying off
  • Starbucks will open its first store in Provo, Utah, near coffee-free BYU campus
  • Luckin Coffee surges in Wall Street debut
  • Why Panera is redoing breakfast
  • Pier 1 is closing a dozen more stores
  • Best Buy starts to sell home exercise equipment
  • Toys ‘R’ Us plans to return in the United States
  • The video game sales slump is killing GameStop
  • Planet Fitness is moving into old Toys ‘R’ Us and Sears stores

Fox Business

  • Apple’s iPhone designer Jony Ive to exit company
  • Constitution doesn’t ban partisan gerrymandering, says Supreme Court
  • GDP rises 3.1 percent showing solid growth
  • TONIGHT: 2020 Democratic debate: Sanders, Biden and a party divided?
  • Key business themes to watch for in Thursday’s debate.
  • Nike earnings: US-China trade conflict hasn’t hurt business, company says
  • Supreme Court blocks citizenship question on 2020 census for now
  • Trump in Japan for G20 summit: What to expect
  • Audi recalls 265k vehicles in US for multiple issues
  • These US cities have the most seniors age 65 and over working
  • Jackie Kennedy Onassis’ Martha’s Vineyard estate goes on market for $65M
  • FAA uncovers new Boeing Max issue as carriers extend flight cancellations
  • John Delaney lays strong rebuttal to Medicare-for-all in Democratic debate debut
  • Warren, Booker urge DOJ to reconsider student loan company merger
  • Democratic Debate 2020 Highlights
  • What is the biggest threat to the US? Some 2020 Democrats think it’s China
  • Elizabeth Warren pushes economic reform efforts in Democratic debate
  • At first Democratic debate, sparks fly over health care
  • Ford to layoff 12,000 workers in Europe, introduce new vehicle line-up
  • Pier 1 Imports to shutter 57 stores and possibly more, interim CEO says
  • Abercrombie & Fitch to sell CBD products at 160 stores
  • Trish Regan: Student loan debt robs young people of the ability to take risk
  • Trish Regan to 2020 Democrats: Enough with the free stuff, it’s not affordable nor sustainable
  • FOX Business’ Trish Regan on Bernie Sanders’ policies.
  • Trump-Xi trade talks at G20: America’s biggest weakness is no big secret

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

9MarketIndicatorsYahooFinance6.27.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

DemocratsTakeAimBigbusinessBreakingupMonopoliesAntitrustPlusManufacturedhomeStockUPdatesMHProNEws

Per left-of-center CNBC.

·        Another group of 10 Democrats will face off in the second night of the first 2020 Democratic presidential primary debate in Miami. 

·        Top contenders including Joe Biden, Bernie Sanders, Kamala Harris and Pete Buttigieg will take the stage on Thursday. 

·        Topics that could come up in the primary debate include “Medicare for All” and taxing the rich. 

Here is CBS News’ take on the night two preview.

 

 

Related Reports:

First of Two Night Democratic 2020 Presidential Debates Ahead, Videos, Facts

Democrats, Independents, Elephant in the Room, Third Parties, 2020 Kickoff, and Manufactured Housing

 

“Incestuous” Lobbying? Kings of K Street, Revolving Door, Big Tech, Berkshire Hathaway – Follow the Money

Yahoo Finance Closing Ticker for MHProNews…

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

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

ManufacturedHousingIndustryConnectedStocksMHProNews627.2019

Updated:

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

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

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

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Real World Economics’ Professor Ed Lotterman says “Playing Monopoly is More Than Just Rolling the Dice”

June 18th, 2019 Comments off

RealWorldEconomicsProfEdLottermanSaysPlayingMonopolyMoreThanJustRollingDiceDailyBusinessNewsMHProNews

Since 2005, Ed has been a professor of economics at Augsburg College in Minneapolis, MN, but has taught at many of the higher ed institutions in and around the Twin Cities. In his 30 years as a teacher, he’s had the privilege of educating thousands of students.

 

Before he stood at the head of the classroom, he spent time at the University of Minnesota where he got a bachelor’s degree in Latin American studies and a master’s degree in agricultural economics,” per the EdLotterman.com website page linked here.

Professor Lotterman recently authored an article for Twin Cities entitled Real World Economics: Playing monopoly is more than just rolling the dice.”

The Daily Business News on MHProNews noted on April 26, 2019 that: Ryan Young at the Competitive Enterprise Institute had this to say…“Both parties are making antitrust regulation a 2020 campaign issue. Neither President Trump nor most of the Democratic candidates are proposing improvements.

Let’s note for our ever-growing audience, which obviously means numbers of first time readers, that quoting a source doesn’t imply agreement.  A quote is what it is, and presumably reflects the views of the person or organization cited.  Let’s further note that MHProNews has for years often turned quoted text bold and brown to make it ‘pop.’ Those points made, let’s proceed.

Young also said, After a two-decade lull following the Microsoft case, big antitrust enforcement cases are back in vogue. Both political parties are making antitrust regulation a 2020 campaign issue. Regulators, politicians, and voters have reasonable concerns about concentrated corporate power.” 

Last year, MHProNews spotlighted columnist David Leonardt’s snapshot of current trends in monopolization and a look at ‘trust busting’ history in the report linked below.

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

 

Industry professionals are well aware of the hot nature of this topic, particularly for manufactured home independents. But those ‘big boys’ who are increasingly being spotlighted for possible collusion and antitrust behavior are likewise following this issue with keen interest.

With that backdrop, Professor Ed Lotterman’s recent column on monopoly follows, provided under fair use guidelines for media.  It will be followed with some additional information and commentary.

 

RealWorldEconomicsPlayingMonopolyMoreThanJustRollingDiceTwinCitiesPioneerPressDailyBusinessNewsMHproNews

Defense and aerospace giant Raytheon announced plans last week to merge with rival defense and aerospace giant United Technologies, creating a huge corporation, albeit a bit smaller than Boeing, and reducing competition in defense contracting.

Yet hardly anyone is raising the issue of “antitrust,” as we call competition enforcement in our country.

This may be because we have seen a progressive concentration of big business into fewer and larger firms, with resulting reduced competition, in many sectors in recent decades. There has not been any real government action to stem this tide in 20 years. So why start again now?

The last was the Clinton administration’s suit against Microsoft’s monopolistic practices over software and operating systems. That was well along, but not yet decided, when successor George W. Bush was inaugurated in 2001. Many economists thought the suit promoted economic efficiency and many legal observers thought the Justice Department had essentially won. But limiting business pricing power was not an objective of Bush 43. The government abruptly dropped the suit.

Nothing much has happened since then, even as we have seen growing concentration in many sectors, including defense, aviation, chemicals, pharmaceuticals, agricultural seeds, fertilizers and chemicals, banking and other financial services, and many more.

That may change, however, if a Democrat is elected to the White House in 2020. Massachusetts Sen. Elizabeth Warren, a law school professor specializing in bankruptcy and consumer protection legislation, is the most vocal and specific of the many Democratic candidates in regard to curbing monopoly power. But nearly all of the other candidates make it part of their platform.

Anyone with historical perspective may note parallels between today and the Gilded Age at the end of the 1800s and into the Theodore Roosevelt administration. We are now similarly seeing high concentrations of upper incomes with business exercising great political power. This was curbed back then by the political reaction of the progressive era, one in which Republicans and Democrats played a big part. Sen. John Sherman, of Ohio, who sponsored the 1890 Sherman Antitrust Act, was a leading Republican who also served as both secretary of State and secretary of the Treasury in GOP administrations. GOP president Roosevelt prided himself on being a “trust buster” and in 1912 led a third-party revolt against his own hand-picked successor, William H. Taft, for the latter’s insufficient willingness to regulate business.

Regulation of business abuses was key in the platform of Democrat Woodrow Wilson, who won that year. Alabama Democratic Rep. Henry Clayton wrote major legislation in 1914 that strengthened antitrust powers.

But issues wax and wane. By the 1970s, deregulation was in vogue. President Jimmy Carter presided over the deregulation of air, rail, trucking and barge transport. Democrats from Nevada and West Virginia sponsored the key legislation ending 90 years of railroad rate controls.

At the same time, within the economics discipline, interest in control of monopoly power waned. Many economists thought economic losses to monopoly power were small and that regulation could cause greater harm.

But now the pendulum is swinging again. Abuses of customers by financial firms such as Wells Fargo and extreme and apparently unjustified price increases for basic essential drugs such as insulin produce public and political outrage. Just last week, Minnesota Gov. Tim Walz called for a special legislative session to address the insulin problem. So expect the issue of monopoly control to re-emerge on the forefront of public debate and stay there for some time.

All this merits a review of basic terminology and economics of monopolistic issues. Start with some definitions:

Monopoly is a situation in which there is only one seller of a good. With no competition, a monopoly firm will reduce output below the level that would prevail in a free market and can sell it for a high price. That harm to the public is well known, but econ students also learn that monopoly inherently creates economic inefficiency, with waste of resources for society as a whole.

Pure monopolies are rare, but we do create them when we grant pharmaceutical and medical device firms patents while not doing anything to control prices charged for their patent-protected products. Price-regulated monopolies such as utilities are allowed because the barriers to market entry, such as building rival electrical power grid networks, are prohibitive to competitors and inefficient to operate.

The next step is duopoly, a market in which there are two producers, though not necessarily the same size. Large passenger airliner production, in which Boeing and Airbus dominate, is a duopoly. But for smaller planes, including those in the class of the Boeing 737, the barriers to entry are lower and smaller firms like Canada’s Bombardier and Brazil’s Embraer can compete.

Note that duopoly is different from bilateral monopoly. This is a market in which there is only one seller facing only one buyer. The Electric Boat division of General Dynamics is the only U.S. producer of submarines and the U.S. Navy is the only buyer of most classes, is an example of this.

At the Fortune 500 level, most corporations operate in situations of oligopoly. Just as oligarchy was government by a few powerful nobles, oligopoly is a market dominated by a few powerful businesses, usually corporations. Farm machinery, autos, air travel, pharmaceuticals, grain marketing, electrical equipment, petroleum, chemicals and many other sectors are dominated by a few large firms, particularly in any single geographic area. So too, increasingly, is health care.

This market structure is not static. In the 1930s, my mother, as a college debater, argued for government regulation of main-street chain stores. In the 1960s, Sears, Wards and new entrant K-mart dominated household retailing. But Target and Walmart shouldered these aside only to see themselves lose market share first to specialized big-box retailers and now to e-commerce.

“Monopolistic competition” is a situation of great competition, but not quite meeting the textbook ideal of “perfect competition.” Often the only difference is a branded product rather than the “homogeneous commodity” in perfect competition. Retail groceries, gasoline, restaurants and so forth are examples of monopolistic competition.

The structure here may vary depending on the level of analysis. McDonald’s, Burger King, Subway, Culvers and others are in oligopoly nationally, but at the consumer level there are dozens of individual eating places from which to choose. And even these larger national and regional providers vary in terms of individual consumer taste and level of convenience.

The incentives for a pure monopoly and the actions they do take are clear and easy to analyze. Those for oligopoly are murkier.

Yes, as a group, an oligopoly will be better off if companies cooperate to act as a single monopolist. That is what “trusts” were all about. That is what a cartel like OPEC strives to do. But as OPEC well knows, it is hard to keep members from cheating. So collusion is difficult. There were no real tools for economists to use in analyzing the dynamics within oligopoly until the application of game theory to economics in the second half of the 20th century.

There are certain situations, beyond granting patents to motivate innovation, where we tolerate monopoly, as in the utilities example above. Officers of Raytheon would argue that defense systems now are in this category. Development costs are so high and production numbers so low, that preserving multiple small firms would reduce research and increase production costs. The same may be argued by drug companies.

Industry structure varies with mergers and divestitures. These often aim for some sort of “integration.”

“Vertical integration” means bringing all steps of production into one firm. At one time, U.S. Steel operated iron mines, limestone quarries and owned coal mining companies. It made raw steel but also had a bridge-building subsidiary and others that made products like barbed wire. UnitedHealth acquiring the Express Scripts on-line pharmacy falls under this rubric.

“Horizontal integration” is the merging of firms engaged in the same stage of production. McDonnell and Douglas had somewhat different product lines, but both were major airplane manufacturers. Raytheon and United Technologies are complementary in products.

There may be a two-step process. A large Mexican cement company purchased South Dakota’s state-owned cement plant, one of many such acquisitions worldwide. But then it started buying up small-town ready-mix concrete plants, moving eastward along I-90. The first step was horizontal, the second vertical.

Much more could be said about such “industrial organization” issues. They will be in the news in coming months. Exactly how seriously voters take competition issues is uncertain, but expect them to play a role in the next elections. ##

By St. Paul economist and writer Edward Lotterman, originally published at this link here.

###

 

Once upon a time, blogger George Allen, citing the Manufactured Housing Association for Regulatory Reform at the now defunct Journal of Manufactured and Modular Housing at length, had plenty of things to say about the monopolization of manufactured housing. However, most in our industry’s trade media have remained largely mute on the topic, as the report linked below documents.

“Monopoly” in Manufactured Housing Alleged by George Allen, MHI Defender’s Turn by former Community-Investor, Self-Claimed EducateMHC Blogger

 

When CNBC’s Diana Oleck asked Clayton Homes CEO Kevin Clayton about what was tantamount to a question on monopoly, his reply was captured on video.  That is found in the report linked below.

 

Tariffs “…Will Effect Demand,” says Kevin Clayton, Answers CNBC’s Monopoly Question – Video – plus Manufactured Housing Market Updates

 

MHProNews has repeatedly asked Clayton, 21st, the Manufactured Housing Institute that they purportedly dominate, and their outside attorney to comment on the concerns linked below.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation. Why hasn’t Allen told his readers how that cost them money? https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

They have exercised their 5th Amendment right to remain mute in response to our offers to confirm or deny the concerns raised and evidenced in reports like the one linked above. That said periodically, for whatever reasons, others will speak up for them.  One such was ManageAmerica’s Andy Gedo. That exchange is linked below.

 

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

 

Lotterman’s debatably correct in saying that there are indeed significant reasons to believe that antitrust will be a higher visibility issue in 2020.  There have been mixed signals out of the Trump Administration, sometimes signaling a strong stance, sometimes more subdued.  That may well be in keeping with a similar tact on a range of thorny issues.

While the hometown video from Knoxville TV doesn’t mention antitrust, it does outline other federal challenges that Clayton and their lenders are facing.

 

 

Sources tell MHProNews that the Department of Justice has Clayton and Berkshire on their radar.  Time will tell.  MHProNews will continue to monitor this issue, as it impacts investor, owners, public officials, and the nation at large. Stay tuned.

That’s today’s first installment of “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 Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

Washington Leak – Justice Department Prepares Major Antitrust Investigation

 

“Have…Giants…Stifled Competition,” Antitrust Battle Lines in D.C., plus Manufactured Home Market Updates

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

 

 

 

It’s Your Money, Your Future – 2020 Democratic Presidential Debate Line Up, Plus Manufactured Home Stock Updates

June 14th, 2019 Comments off

CNNmone6.14.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhatever your political viewpoint – left, right, center, or meh – the upcoming 2020 presidential, congressional, and state races will have a serious impact on your business and investments.  So it pays to be in the know. Tonight’s spotlight report will follow our left-right headline review. On a day when many stocks rose, that will be our featured report.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

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

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

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

CNN Business

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  • Gas prices could fall below $2 a gallon for many Americans
  • The US oil boom is making history
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  • This is why America’s travel business is worried

Fox Business

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  • Tesla will be purchased: Scott Galloway
  • Biden blasts Amazon for tax strategies that Obama supported
  • Amazon’s ‘zero tax liability’ is a feature, not a bug of the tax code.
  • Outlook for retail in America

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

9MarketIndicatorsYahooFinance6.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

FirstDemocraticDebateNight1WedJune262019DailyBusinessNewsMHProNews

Still from video, below.

Did you watch right-of-center Fox News’ town hall with former HUD Secretary Julian Castro last night?  We did.

 

The video report from left-of-center MSNBC provides the lineups for each night of the first 2020 Democratic debates as announced. Steve Kornacki breaks down what to watch for each evening.

As a reminder to readers, the plan here on campaign coverage for 2020 looks like this. We will cover Democrats, Republican, and any independents – such as Howard Schultz, or a stronger minor party – in the run up for the next several months, amidst other industry reports.

FirstDemocraticDebateNight2ThuJune272019DailyBusinessNewsMHProNews

Still from video, above.

We know that several 2020 candidates have already taken aim at manufactured housing industry issues.

Indeed, if you ponder former GOP presidential hopeful, and now HUD Secretary Ben Carson, plus others in Congress, there have been strong signals sent from both sides of the political aisle that manufactured housing could be a campaign topic.

We plan to lay the groundwork and cover it.

As we get into the early primary states, at some point we will underscore those candidates that we believe will be the best for the industry in our ‘We Provide, You Decide’ © fashion.

Then, once the candidates are finalized, we’ll ponder formal endorsements.

It’s your money. If you thought 2016 was a wild ride, our sources tell us to expect 2020 to make it look tame. So stay tuned.

Related Reports:

Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

 

HUD Secretary Ben Carson Address to Innovative Housing Showcase, Complete Official Speech Text

Positive Congressional Reactions – Innovative Housing Showcase, HUD, MHEC, MHI, and Other Insights

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

Investigating Fannie Mae, Freddie Mac Over Duty to Serve Manufactured Housing

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

 

YahooManufacturedHousingIndustryConnectedStocks6.14.2019DailyBusinessNewsMHProNews

Updated:

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

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

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

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

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

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

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

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

News Media Alliance Slams “Anti-Competitive Behavior,” Report, Congress Investigates – Plus Manufactured Home Stock Updates

June 11th, 2019 Comments off

DowCNNBusinessClosingTicker6112019DailyBusinessNewsManufacturedHousingMHProNewsIn a media release, the News Media Alliance published a study that examines ‘Anti-Competitive Behavior’ and what it costs their industry. This obliquely impacts every American, and in several ways touches upon issues that matter to the manufactured housing industry too. Testimony has taken place before Congress on this topic. Their executive summary as well as their full research results are part of this evening’s report, along with our normal manufactured home industry connected stocks evening recap features.

Let’s get started…

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

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

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

LeftRightMediaDivideCNNFoxYahooCBSNewsMHProNews

CNN Business

·        No new orders for Boeing – the company hasn’t sold a single aircraft for the second month in a row

·        How much longer will the 737 Max be grounded? There’s no end in sight

·        Half of the world will have 5G coverage in five years

·        LIVE UPDATES Dow snaps six-day winning streak

·        Sprint and T-Mobile may face another legal challenge to merger

·        Elon Musk will face Tesla’s shareholders

·        Beyond Meat’s stock is up nearly 500%. That’s too good to be true

·        OPINION Trump’s trade war is here to stay. Companies like mine will pay the price

·        Disney doing what it does best with ‘Frozen 2’ trailer

·        Birchbox thinks it found a niche: Burned-out Americans

·        Prominent white supremacists still on YouTube after ban

·        America’s renewable energy capacity is now greater than coal

·        Fly inside Uber’s new taxi cabin

·        Everything you need to see at Star Wars Galaxy’s Edge

·        This airless tire could eliminate flats

·        Watch this robot clean skyscraper windows

·        These are the unexpected winners of the grocery wars

·        Half of us find our new home online. So why pay Realtors?

·        Even CEOs can suffer from impostor syndrome

·        College grads earn $30,000 a year more than people with just a high school degree

·        This startup brings birth control to your doorstep, with or without insurance

·        The real reason you aren’t getting promoted at work

·        Sequel to Zelda, Smash Bros. DLC characters and more revealed at E3 2019

·        It’s YouTube’s time in the barrel

·        Uber competitor launches in London (again)

·        Viw on the German HQ of the online shopping giant Amazon in Munich

·        Amazon shutters restaurant delivery service

·        Meteorologist criticizes his TV station on air

·        Infowars to pay Pepe the Frog creator $15,000 to settle copyright dispute

·        Footage from Bryan Carmody surveillance footage shows San Francisco police officers raiding his home on May 10, 2019.

·        San Francisco police seize equipment of freelance journalist who refused to identify a source

·        Colbert: Trump is taking credit for deals already in place

·        OperaVR sells virtual-reality headsets and and content to dentists that patients can use during visits.

·        How VR is helping flyers and dental patients calm down

·        Walmart turns to robots and apps in stores

·        Toyota is using Microsoft’s HoloLens to build cars faster

·        Broadway ditches age-old processes to run shows with iPads

·        Kevin Holesh works on the Moment app from his RV trailer.

·        Meet the unlikely duo trying to save us from our screens

·        TikTok is the latest social network sensation

·        The CEO of this driverless car company still loves to drive

·        Smart glasses for the hard of hearing are changing theater in London

 

Fox Business

·        Amazon surpasses Google, Apple as world’s most valuable brand

·        WATCH: DOJ may approve T-Mobile, Sprint merger, says Charlie Gasparino

·        Lawsuit aiming to block T-Mobile-Sprint merger filed by group of US state AGs

·        US Congress members: A look at perks and pay

·        From pension plans to parking perks, a look into lawmakers’ work lives.

·        What Trump’s new ethanol rules mean for you

·        Fired Google employee cries foul play in ‘kangaroo court’ investigation

·        Lawsuit claims LaCroix planned to announce cans were BPA free when they weren’t

·        Starbucks to test reusable cups at London’s Gatwick Airport as way to cut down on waste

·        How Warriors star Kevin Durant’s Achilles injury impacts his financial options

·        Americans have critical misconceptions about mortgage requirements

·        Dallas Cowboys owner Jerry Jones buys energy company for $2.2 billion

·        New Jersey governor signs panic button bill to give hotel room cleaners ‘security’

·        Seniors more likely to work past 65 in these locations, survey says

·        After AllianceBernstein, Amazon deals, is Nashville the country’s new economic hotspot?

·        10 best US states to live in 2019, according to WalletHub

·        Soccer star Lionel Messi tops Forbes’ ‘World’s Highest-Paid Athletes’ list

·        IRS warns of impending higher tax penalty for late filers

·        Uber helicopter rides in New York City are safe, air taxi boss says

·        Lamborghini, Rolls-Royce and Aston Martin luxury car prices dropping significantly: report

·        Trish Regan: Did the FBI possibly entrap a Trump campaign aide?

·        Maria Bartiromo spoke with Carter Page on Sunday.

·        Despite Brexit mess, Theresa May should be treated kindly by history

·        Biden’s, Warren’s and Bloomberg’s impossible (and expensive) green dreams

 

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

YahooSPDowNASDAQRussell2000OilVIXGoldSilverEero10Yr6112019DailyBusinessNewsMHProNews

 

Today’s MH Market Spotlight Report –

NewsMediaAllianceSlamsAntiCompetitiveBehaviorReportCongressInvestigatesPlusManufacturedHomeStockUpdateMHProNews

 

Before we tackle the News Media Alliance research, let’s take a step back and look at this through the lens of manufactured housing.

Be it Google, Google News, YouTube, or various social media platforms such as Facebook, or other tech giants – Apple, Amazon, and Netflix – what people see is based in large part on ranking of stories.

The Fox News video of Steve Hilton with HUD Secretary Ben Carson, posted below, was published on YouTube on Apr 22, 2019, and as of 6.11.2019 at about 4:33 PM ET has had 31,669 views.  But finding that needle in the billions of pages online is a matter of algorithms and various methods used by Google or others to ‘rank’ a page.  By contrast, Last Week Tonight with John Oliver’s viral hit, “Mobile Homes” has topped 6 million views.  

 

 

In fairness and for balance, MHProNews and MHLivingNews routinely ranks well in a variety of Google searches.   

 

Platforms stand between the public and news media, and thus act as “regulators” of everything about our business, said David Chavern, president and CEO of News Media Alliance to CBS news’ morning show.

 

 

When big tech censors, or demonetizes a video, page or site, that impacts businesses and jobs.

While the claims of the News Media Alliance (NMA) have several possible applications to the manufactured housing industry, an oddity is that they are not asking Congress to regulate or break up big tech, as others have been calling for with increasing frequency.

Instead, what the NMA are asking for is a temporary exemption from antitrust laws, so they can better negotiate with big tech, and not be accused themselves of breaking antitrust laws.

That exemplifies the Gordian knot that exists. Especially independent journalists fear that they will be crushed, based upon current trends.

As Chavern said, the tech giants horde data, and decide what we see. When Google’s Chrome browser began to block certain ads, that struck and scores of businesses revenue streams.

 

GoogleHowBenefitsFromNewsMediaAllianceCBSNewsDailyBusinessNewsMHProNews

This market power arguably impacts every business of every kind in the USA. That’s not limited to Google, it applies to various degrees to Facebook, Apple, Amazon and Netflix (FAANG) and Microsoft too. MHProNews sees value to including Berkshire Hathaway in breakup calls being investigated on Capitol Hill. #DeFaangBM.

 

The executive summary of the findings of the NMA claim that Google alone made some $4.8 billion dollars from the current system in 2018, by their use of other organization’s news content. Google called it a back of the envelope calculation, but NMA said that their outside research firm may have been low in their estimate.  Google says the deliver 10 billion clicks globally to news sites, every month, per Fox News.  One question that not many seem to be asking, is how many click are never made due to snapshots or previews of a news story? That’s not easy to say.

Legal minds are telling MHProNews this move, while obviously not the strongest argument that the NMA could make, could have several implications for the manufactured home industry.

NMA’s executive summary is linked here.  Their full research is linked here as a download.  CBS News noted that there appears to be strong bipartisan support for the NMA’s request.  Of course. It isn’t asking for the tech giant’s breakup.

As a disclosure, MHProNews and our general public focused sister site, MHLivingNews, are not members of the NMA.

Related Reports:

U.S. Chamber hits POTUS on ‘Weaponization of Tariffs,’ POTUS Trump Hits Back, plus Manufactured Home Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

Big Tech, Big Brother, 1984, Manufactured Home Professionals, and You

George Orwell, All Issues Are Political Issues, Manufactured Housing Challenges, and You

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

YahooManufacturedHousingIndustryConnectedStocksClosingTickers6.11.2019DailyBusinessNewsMHProNewsUpdated:

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

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

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

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

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

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

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

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

 

U.S. Chamber hits POTUS on ‘Weaponization of Tariffs,’ POTUS Trump Hits Back, plus Manufactured Home Stock Updates

June 10th, 2019 Comments off

CNNmone6.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsOn a day when the largely markets rose, an interesting item to look at tonight is a tie-in with the tariff controversy.  One will recall that Kevin Clayton decided to weigh in on the tariff issue, ICYMI, or need a refresher, see that linked here. On the same left-of-center business network, CNBC, we get some back and forth between the U.S. Chamber of Commerce, which is undermining confidence in the president’s tariff strategy, vs. the 45th President of the United States (POTUS), Donald. J. Trump’s, reactions to those comments on tariffs and trade.  That will be our focus report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

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

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

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

 

Select bullets from CNN Money…

  • America’s epic oil boom is just starting
  • The US will produce 13.4 million barrels daily by the end of 2019. Here’s what that means for OPEC
  • The stock market is ‘spoiled’ by rate cuts
  • Target is sweetening its employee benefits to keep workers and attract new ones
  • LIVE UPDATES Dow logs gains for sixth day in a row
  • United Technologies and Raytheon are merging in an aerospace mega-deal
  • Club Med’s Chinese owner wants to buy Thomas Cook
  • Corporate America’s shrinking mountain of cash
  • America’s most cash-rich companies
  • PERSPECTIVES Corporate debt is rising, but it’s safer than it looks
  • HBO cancels ‘Vice News Tonight,’ severing relationship with Vice Media
  • Why CNN’s Jim Acosta titled his new book ‘The Enemy of the People’
  • John Oliver on the Equal Rights Amendment: Which state wants to make it happen?
  • Even CEOs can suffer from impostor syndrome
  • Burger King’s Impossible Whopper arrives in San Francisco
  • The list of 180 companies that say restricting abortion is bad business
  • American’s Boeing 737 Max fleet will stay idle longer than expected
  • Boeing says some of its 737 Max planes may have defective parts
  • 737 Max crisis is a ‘defining moment’ for Boeing, CEO says
  • United Airlines will cancel more Boeing 737 Max flights
  • More bad news for Boeing
  • German discount grocery store Aldi moves into Walmart’s backyard
  • How a cheap, brutally efficient grocery chain is upending America’s supermarkets
  • Lidl will open 25 new US grocery stores over the next year
  • These are the unexpected winners of the grocery wars
  • Instacart wants to make grocery shopping effortless

 

Select Bullets from Fox Business

  • Walmart vs. Amazon: Who is ahead in battle for retail dominance?
  • Bernie Sanders slams Amazon for perpetuating Seattle homelessness after killing ‘head tax’
  • China imports slump most in nearly 3 years
  • WATCH: Helicopter pilot dead after chopper crash into New York City skyscraper
  • Famous New York City restaurateur says restaurant industry can’t fill jobs
  • NBA Finals: Justin Trudeau, Nancy Pelosi place bet on Raptors-Warriors outcome
  • IRS warns taxpayers about new twists on scams
  • Wealthy millennials are leaving these states – and moving to these instead
  • Here’s how much Pete Buttigieg, husband have in student loan debt
  • Trump tariffs encourage US companies to shift plans away from China
  • Target boosts paid family leave, child care benefits in tough labor market
  • Beverly Hills Mayor explains the real reason for banning all tobacco sales
  • Ford’s new police Explorer aimed to dominate law enforcement
  • Rare ‘Murderers’ Row’ era Babe Ruth jersey can set record on auction block
  • 5 retirement mistakes you are likely making
  • Trump on United Technologies-Raytheon merger: ‘I’m a little concerned’
  • This company is offering $1,000 to someone willing to give up their smartphone and use a flip phone
  • ‘Jeopardy!’ champ Ken Jennings: James Holzhauer is the most phenomenal thing ever seen
  • Salesforce to purchase Tableau Software in $15.7 billion deal
  • Markets cheer US-Mexico deal, but it’s not over until it is
  • Despite Brexit mess, Theresa May should be treated kindly by history
  • Biden’s, Warren’s and Bloomberg’s impossible (and expensive) green dreams
  • Beverly Hills to ban sale of most tobacco products by 2021
  • Markets eyeing G20 more than the Fed: strategist
  • Undocumented immigrants to receive health benefits in California

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

9MarketIndicatorsYahooFinance6.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

USChamberMyronBrilliantWeaponizationTariffsPOTUSTrumpitsBackManufacturedHomeStockUpdates

Let’s be clear.  Big business has literally sold out millions of formerly American jobs on the alter of their interests in other countries. That has occurred under both Democratic and Republican administrations, so it isn’t a partisan statement.

Certainly, within the bounds of the law, it may be legal to do what they’ve done.  That’s not the question.  The issue, instead, is has it been good or bad for America?  Has it cost our federal government untold billions, in the form of both more domestic public assistance programs, and in terms of higher defense costs to defend against the growing economic/military/cyber clout of nations American dollars have enriched?

What some have deemed ‘the swamp’ ought not to be construed as meaning only Washington, D.C. or national politics. There is swamp-like thinking that has and continues to occurr in business, among nonprofits, and certainly in politics too.  Indeed, for truly expert power players who work ‘the system,’ they may mix in media and fund subtle cultural levers, plus the others just noted, into what they see as their advantages in separating people from their money or opportunities.

While the U.S. Chamber has been thought of as a right-of-center resource, that has changed somewhat in more recent years.  But regardless of party, there may be no better time than the present to head of what could be seen as the larges geo-political-economic threat to the U.S. The president is to be applauded for this efforts, which have proven fruitful with Mexico. 

China is far more powerful than our southern neighbors. There is certainly the potential that the tariff-turmoil could continue for months or years.

National and economic security go hand in hand.  Furthermore, these are issues that the president campaigned upon, and therefore should be of no surprise to anyone.

It was an entirely false notion to think that the U.S. could have a ‘serve economy.’  Production is where the money and value tend to be over service work.  Be it products or food, being the producer is more secure than being the beholden buyer.

With that backdrop, two videos for each side of the issue tonight.

 

·        President Trump’s tariff strategy “creates uncertainty with our trading partners,” says a top official at the world’s largest business lobbying group.

·        Myron Brilliant, head of international affairs at the U.S. Chamber of Commerce, contends that tariffs are the wrong approach with China and Mexico.

·        Reacting to Brillant’s interview, Trump calls in to CNBC to argue his case for why tariffs are effective. He also blasts the Chamber of Commerce.

 

There is doubtlessly short-term pain for numbers from the tariff to correct trade imbalances strategy. That noted, there is more long-term pain for not taking the necessary measures now.

Related Reports:

U.S.-Mexico, Tariffs, and Border Crisis Talks, plus Manufactured Home Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

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

 

YahooManufacturedHousingIndustryConnectedStocksClosingTicker610.2019DailyBusinessNewsMHProNews

 

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

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

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

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

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

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

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

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

Governor Kristi Noem Tells Young Woman too Many People are Governed by Feelings

June 10th, 2019 Comments off

 

GovernorKristiNoemTellsYoungWomenTooManyPeopleGovernedByFeelingsDailyBusinessNewsMHProNews

Still image from video posted further below.

Starting at about the 37:18 time mark on the video below, Governor Kristi Noem, the first female governor for the state of South Dakota, is where her part of the program begins.

 

Noem addressed the Turning Point USA Young Women’s Leadership Summit (YWLS) 2019 on June 9, 2019.

She didn’t want people to vote for her because of her gender.  She wanted votes because she was “the right person for the job.”

Noem want to tell the YWLS five tips she wished she had at their age. But first, she dived into some personal history.

She had already won statewide office races as South Dakota’s only congressional representative, before running for governor. “Governor’s are CEOs. They are the boss of that state.”

That’s why she was told by several people that she “didn’t have the right body parts” to be governor. Ouch. Meaning, her being a woman was a disadvantage in the view of several for her being a leader in their state.

Her points, which spans gender lines, include that notion that some will think for various reasons that “you are not qualified” for what you want to do.

Also among her topics is why she wanted to get involved in government and politics. It began as a sort of tax rebellion.

Jumping back before her political career, she said that growing up, she had the same types of chores as her brothers did, and she loved it.

As a young girl, Noem wanted to be a farmer and rancher.  She railed over the consequences she faced when after her beloved father died in an accident. She had to leave college to return home to run the family operation at the young age of 22. They had 12,000 acres and hundreds of heads of cattle, ranch and farm hands that didn’t want to listen to a young woman who was now the boss. But the toughest part may have been the Internal Revenue Service (IRS), who wanted to collect a ‘death tax’ on the family property (about time marker 41:17).  That was a turning point for her.

 

 

South Dakota is one of those states that have had surges in manufactured housing.  As with most of the country, manufactured home shipments are down from the last high of 1998.

But the takeaways from this video are less about the industry in general, or what kind of housing was on this family’s property. Instead, the value is in life lessons in facing challenges, ignoring those voices that said ‘you can’t do that,’ and using reason over emotion.

To Noem, there has been for men and women a tendency to allow feelings or emotions to dictate too many decisions. That in her successful vantagepoint has become out-of-balance.

Today we have a lot of people serving in office that are governed by feelings,” the South Dakota governor said, while noting the crucial role feelings play in interpersonal relationships.

Resonating with people’s hearts is incredibly important, but we also can’t be completely motivated feelings,” Noem said. “We need to have thoughts and ideas and belief systems.”

That’s a theme MHProNews has beat the drum about for years. Right reason and correct actions bring  “stability to the type of government that we need to have” as Americans.

This country doesn’t need more speech-givers,” she said. “It doesn’t need more bench sitters or couch potatoes. What we need is problem-solvers.”

This isn’t a pep-rally type of speech.  Instead, it is as thoughtful as the comments noted reflect.

During a time in our industry when arguably hundreds of business owners, and possibly thousands of professionals are being mislead on a wide range of issues – often based upon emotional, vs. reason based responses – it’s a timely message that the Daily Business News on MHProNews felt was relevant for our professional audience.

 

FunctionEducationTeachThinkIntesivelyThinkCriticallyIntelligencelusCharcterTrueGoalEducationRevMartinLutherKingJrMHProNews

HumanitiesValueBuisnessCriticismDissentWhenGoingAlongGetAlongWhereWhistleblowersDiscouragedBadThingsHappenBusinssesImplodeMarthaCNussbaumPhotoQuote

Design by MHProNews.

That fits beautifully with yesterday’s topic, the first one linked below the notices and byline.

News tips and inside comments have been a significant source of our reports.  Videos like this one have come in as a result of a tip.

When you think there isn’t much that you can do to fight a giant, think again.  News tips can be one way to help our industry regain its footing by being a whistleblower against problematic behavior.

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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 or Comments or Letter to Editor in the subject line.

 

That’s it for this edition of News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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 or Comments or Letter to Editor in the subject line.

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

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

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

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

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

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

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

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George Orwell, All Issues Are Political Issues, Manufactured Housing Challenges, and You

 

 

 

 

 

 

 

 

 

 

 

Tent Cities, Homelessness, Crime, Disease, Affordable Housing, and Manufactured Homes

June 4th, 2019 Comments off

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As part of his Innovation in Housing event is taking place on the National Mall in Washington, D.C., HUD Secretary Ben Carson said that it is accurate to say that there is an affordable housing crisis.

 

He’s joined in that assessment by politicos and public officials across the left-right aisle say the same thing. The mainstream media, as the two reports from either side of the media divide reflects, includes several issues. But a common point is the lack of affordable housing.

CBS LA.

 

 

Fox News.

 

 

On the Masthead today, MHProNews looks at Secretary Carson’s innovative housing promotion, which includes a spotlight on HUD regulated manufactured homes. It includes particular attention to the issue of enhanced preemption.

 

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

 

Since MHLivingNews posted the report on Seattle is Dying, that video has climbed to over 3.8 million views.  Rephrased, this issue of homelessness and affordable housing is an issue that has drawn and held national attention. Nevertheless, the most proven affordable kind of permeant housing known in the USA – HUD Code manufactured homes – are now in their 8th month of year-over-year declines.

 

8 Months of Declining Year-Over-Year HUD Code Manufactured Home Production – When Will Manufactured Housing Institute Act?

 

Affordable housing is likely to be a 2020 topic. Manufactured homes, if unleashed through a prudent application of existing laws, could fuel the creation of hundreds of thousands of more jobs, numbers of which could be in opportunity zones that Secretary Carson is also leading the charge for the Trump Administration. As an in depth analysis reflects, how this issue is handled, or not could decide who sits in the White House after the 2020 race is over.

 

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That’s a sobering look, just before midnight, at “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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

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

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

Related Reports:

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

Key to Unlocking Door for More Manufactured Home Sales, Professor Lisa Tyler’s Valuable Research

https://manufacturedhousingassociationregulatoryreform.org/mharr-launches-fighting-discriminatory-zoning-mandates-manufactured-housing-project/