Volume 3, Issue 10

Newsletter Date:  October 5, 2006


PRIVATE CLIENT LETTER

This letter is intended only for accredited investors who are clients of either Blackburne & Brown or C-Loans, Inc. Today we'll discuss a fascinating speech by Dick Morris, Clinton's former campaign strategist. He shared tons of juicy gossip. (You'll recall that Dick Morris was the guy who got caught conversing with Bill Clinton with a $200/hour hooker in his room.)

Joke Du Jour

While visiting a friend who was in the hospital, I noticed several pretty nurses, each of whom was wearing a pin designed to look like an apple. I asked one nurse what the pin signified. "Nothing," she said with a smile. "It's just to keep the doctors away."

Investing in First Trust Deeds

If you have just recently joined Blackburne & Brown's investor mailing list, you have probably noticed that no one from Blackburne & Brown ever calls to sell you any first trust deeds. We simply cannot afford to pay for salesmen. We are making hard money loans in California for zero points - none, nada, zippo - in order to compete for less risky loans, so there is no room in the deal to pay for any smooth-talking salesmen. (I guess I'm it.)

So if you see a Blackburne & Brown first trust deed offering that looks attractive, it's up to you to either call in your order or to reserve a participation by email. The nice thing about our first trust deeds is that you can invest with as little as $5,000. For details, please click here.

New Wife Joke

A young man excitedly tells his mother he's fallen in love, and he is going to get married. He says, "Just for fun, Mom, I'm going to bring over three women, and you try and guess which one I'm going to marry." The mother agrees. The next day, he brings three beautiful women into the house and sits them down on the couch. They all chat for a while. He then says,"Okay, Mom, guess which one I'm going to marry." His mother immediately replies, "The redhead in the middle." "That's amazing, Mom. You're right. How did you know?" His mother replies, "I don't like her."

Dick Morris's Fascinating Comments

Dick Morris recently addressed the Mortgage Bankers Association at a convention in Las Vegas. Everybody was leaning forward to hear every word.

According to Dick Morris (please don't yell at me for HIS comments): Hillary Clinton deeply and sincerely loves Bill Clinton, and Bill deeply and sincerely loves ... Bill Clinton. [Big laugh from the audience.] Bill Clinton has a deep psychological need to win the the approval of the people, so he could always be counted on not to do anything too extreme.

On the other hand, according to Dick Morris, Hillary is more psychologically grounded and centered. She has no deep, psychological need to hear atta-girl's from the people. Instead, she is driven by a sincere belief in her conviction that the United States would be better off with a more socialist form of government, like Sweden or France. She is in favor of higher taxes in order to provide free health care, free university educations, and other social safety nets. If you agree, then she is your candidate.

Morris also believes that Hillary Rodham Clinton will be our next president. (Please don't yell at me. These are just his comments and predictions. More in a moment.)

Ambulance Joke

Three paramedics were boasting about improvements in their respective ambulance team's response times. "Since we installed our new satellite navigation system," bragged one, "we've cut our emergency response time by ten percent." "Not bad," the second paramedic commented. "But by using a computer model of traffic patterns, we cut our average time by 20 percent." "That's nothing said the third paramedic. "Since our ambulance driver passed the Bar exam, we've cut our emergency response time in half!"

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More Comments From Dick Morris

The guy got caught with a hooker in his room, and he just finished a book where he predicted that Condoleeza Rice would run against Hillary in 2008. (Rice is NOT running.) Obviously the guy is not infallible; but he was also obviously brilliant, so here are some more of his comments:

According to Dick Morris, Rice,Giuliani, and McCain could all beat Hillary. Unfortunately Rice does not want the job, and both Giuliani and McCain are too liberal on abortion, gay rights, the treatment of enemy prisoners, and term limits in order to win the Republican nomination.

So the Republicans are likely to nominate a "pigmy", like Evan Bayh, and Hillary will eat him alive. (Please don't yell at me. I am just sharing what he said.).

He does predict, however, that Condoleeza Rice will be his Republican Vice-Presidential running mate and hence the leading candidate for the presidency in 2012.

Manhattan Joke

A patron sat down at a bar and ordered a Manhattan. When it was served there was a piece of parsley floating in the glass. "What in the world is this?" asked the patron. The bartender peered into the glass and replied, "That's Central Park."

Land Investments

When you invest in land in California in the path of growth, not only does inflation help you, but also population growth increases the demand for land. Blackburne & Brown assembles groups of investors who pay all cash for the property, thereby reducing everyone's risk. Please click here for more details.

Some Final Thoughts From Morris

The budget deficit, according to Morris, is a non-issue. The budget deficit for the U.S. is less than 2.4% of GDP. The countries of Europe all have to use tricks and gimmicks to make their deficit appear to be less than 4% of GDP. The U.S. has the smallest budget deficit of any major, industrialized country.

The trade deficit is also a GOOD thing, according to Dick Morris. We have a lot more influence over China as their biggest customer than we ever would as their biggest vendor. That's why China will reign in North Korea.

In addition, the fact that a billion Chinese and Indian workers are slaving away to make cheap products for Wal-Mart helps to keep our inflation rate low. Because our inflation rate is relatively low, the Fed does not have to push interest rates so high as to choke off growth.

And here is the piece de resistance. As a result, 90% of all new jobs created in the Westernized world over the past few years have been in the United States! Interesting, huh?

Movie Tickets Joke

I wanted to take my kids to the movies. I did not want to wait in line to buy the tickets, so I called ahead to the theater to buy them over the phone. I asked, "How much is a ticket?" They said, "Seven dollars." I asked, "How much for children?" They said, "Same price, seven dollars." I said, "The airlines charge half-fare for children." They said, "OK, put your kids on a plane to somewhere, and you come to the movie. You'll enjoy it a lot more that way."

 


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