SLC Council overrides Rocky's veto of the Skybridge

While Rocky and his staff may have (on taxpayers dime) prepared a mountain of evidence for the utterly meaningless "SMACK DOWN" with Sean Hannity, he once again fails to have a meaningful impact on the affairs of the city he officially (however occasionally)manages. In another indictment of Rocky Andersen's ineptitude (or apathy) as mayor, the SLC council has overridden Rocky's veto of a proposed skybridge in the LDS church's downtown reconstruction project . It is somewhat pathetic, this one of few acts Rocky has actually made recently in regards to city planning, infrastructure, and management, and he fails to make his influence stick here.

Oh well. I'm sure he is as excited as everyone else is for his term to finally end, so he can take his rightful place as a (certain to be) iconic left-wing poster-boy. I really have found many of the candidates for mayor in SLC to be refreshing changes to the divisiveness of Mayor Andersen.

St. George -- America's Fastest Growing Community

I learned that my town is the fastest growing community in the United States. It is always interesting to receive any "#1" distinction, but I wonder if St. George is handling the growth. According to Yahoo, St. George's median house price for new homes has dropped 48% at 299,900 and the overall median price is still nearly 400,000 -- very pricey for anyone looking for starter homes. Washington County School District cannot attract enough teachers to this county, and from what I understand the fire and police departments are experiencing similar woes respectively. Another subject of irritation for me is the roads and public services in this town, as my visiting brother-in-law put it, "St. George is a big city without the infrastucture."

I wonder what the coming months and years will have for St. George. I have a feeling that they maybe quite painful.

A vast number of locals who have purchased homes recently are in ARM's or negative ammortization loans. I have recently heard many stories of clients who have been approached about predatory lending arrangements, or clients that know people who are in predatory lending arrangements. I had a mortgage officer-client who discovered over 18 of his neighbors had signed into the infamous Franklin Squires ponzai scheme. As a reference, the scheme goes like this: Franklin Squires basically arrange to buy houses at above market prices and give a kickback to the buyer. They then offer (or rather require) for the buyer to invest the borrowed money with their company to keep their ponzai scheme going.

I fear that there may be many foreclosures eminent in this the fastest growing town.