Majority Leader Eric Cantor Speaks at Stanford about Innovation. The Federal Government Plays a Role

Majority Leader Eric Cantor just wrapped up a speech to students and faculty at Stanford today, lauding the private sector as a source of innovation in our economy. Absolutely true. We have the most dynamic private sector in the world.

You can find Cantor's speech here.

Cantor's point is that the people, not the government will generate jobs and growth:

Individual initiative in the private sector has been and always will be the wellspring of America's prosperity provided we don't stifle it.

Also true.

But Cantor, while hailing the innovation that comes out of Stanford's famous labs, failed to mention that federal and state governments lavished $36 billion on university research in 2009. The federal government is the largest source of university research dollars. And Stanford is one of the top universities in the country receiving federal dollars for research.

Turns out a lot of government money is involved in helping along private sector innovation.

Source: http://www.pbs.org/nbr/blog/2011/03/majority_leader_eric_cantor_sp.html

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Report: Sarah Palin Buys Scottsdale, AZ Home

Sarah Palin's new purchse in Scottsdale has set off rumors of a Presidential run.

Source: http://www.zillow.com/blog/2011-05-26/sarah-palin-buys-scottsdale-az-home/

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10 cities with the flattest rents

Renting is a bargain in these cities, but that's not always a good sign.

Source: http://realestate.msn.com/slideshow.aspx?cp-documentid=28795506

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Flipping foreclosed homes: Risks vs rewards at public auction

Foreclosure sales and auctions are all the rage these days. Distressed real estate deals are so plentiful that even the cash-laden investors are having a difficult time keeping pace. Those who do, typically do quite well. And they will likely be doing even better as their discounted purchases appreciate over time. However, it’s not as [...]

Source: http://blog.foreclosure.com/2011/05/flipping-foreclosed-homes-risks-vs-rewards-at-public-auction/

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Weekly Wrap Up: ?Never Has a Nation So Small Inspired So Much in Another"

People cheer as President Barack Obama and First Lady Michelle Obama are introduced during an Irish celebration at College Green in Dublin, Ireland, May 23, 2011. (Official White House Photo by Pete Souza)

A quick look at the week of May 23 on WhiteHouse.gov:

President Obama visits Dublin, Ireland, his first stop on a six—day trip to Europe, also visiting the United Kingdom, France and Poland.

American Auto Comeback: Vice President Biden celebrates the success of the American auto industry after Chrysler pays back their loans.

A Force of Families: First Lady Michelle Obama becomes the first First Lady to address West Point graduates.

Fuel Economy Labels: A new fuel economy label empowers car buyers with better information about what they will spend or save on fuel costs when looking to purchase a new vehicle.

West Wing Week: OCONUS III: A Homecoming of Sorts

Tornadoes in Missouri and Across the Midwest: President Obama pledges support for those affected and on Sunday, the President will visit Missouri to talk with people on the ground.

Joining Forces with Elmo: First Lady Michelle Obama and Dr. Jill Biden stop by Sesame Street for their initiative to support and honors our military and their families.

21st Century Regulation: Federal agencies identify initiatives with the potential to eliminate tens of millions of hours in reporting burdens, and billions of dollars in regulatory costs. Weigh in on Agency plans.

Home Energy Education Challenge: The Department of Energy harnesses the imagination and enthusiasm of America’s students to encourage home energy efficiency with a new challenge.

What You Told Us About Immigration Reform: Following the President Obama's speech on immigration in El Paso, folks around the country share their feedback, or Advise the Advisor.

Source: http://www.whitehouse.gov/blog/2011/05/28/weekly-wrap-never-has-nation-so-small-inspired-so-much-another

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Second Annual HomeFinder.com Race for the Home

Last year we helped a newlywed couple find and WIN their dream house in Atlanta and it?s time to do it again! Mark your calendars, the 2nd Annual HomeFinder.com Race for the Home kicks off May 14 in Fayetteville, GA. Know home buyers or have clients in the area? Make sure they sign up for [...]

Source: http://www.homefinder.com/news/opening-doors/2011/04/25/second-annual-homefinder-com-race-for-the-home/

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Trulia?s Home Offer Report & Interactive Map Reveals Where Homebuyers Can Find Deep Discounts Across America

Today, Trulia launched its Home Offer Report to help give homebuyers and sellers the upper hand ? whether they?re making an offer or putting their home on the market. This brand new quarterly report and interactive price reductions map offers ZIP-code level insights on when the first price reduction occurs in your neighborhood, where the reductions [...]

Source: http://feedproxy.google.com/~r/TruliaBlog/~3/6Wt5ZPuMkjs/

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