Patt Morrison Fri, 1/9

PATT MORRISON SCHEDULE

Friday, January 9, 2009

1-3 p.m.

 

1:00 – 1:20

OPEN

 

 

 

 

1:20 – 1:40

LA Rents Finally Going Down

Los Angeles-area rents are finally following national suit and declining, but that might not be good news in the long-run. It’s the result of a complex set of factors, including home foreclosures and an increased supply of rental units due to overbuilding from the real estate boom—both of which are adding to the supply and demand of the rental market as foreclosed homes become rentals and former home-owners seek places to rent. Southern Californians may be snatching up sweetened deals today—including significant rent reductions and rent-free first months—but those lower rents are in turn lowering the incentive for renters to buy a home, adding yet another obstacle to a housing market recovery. What’s the long-term forecast?

 

Guests:

NOT CONFIMRED

Michael Verge: Head of Westside Rentals

Call him @

 

Other guests TBD

 

 

 

1:40 – 2:00

CityGroup Modifies its Stance on Loan Modifications

 

Guests:

TBD

 

 

[NPR NEWS]

 

 

2:00 – 2:30

Different Views on Bush's Legacy

9-11. Iraq. Guantanamo and Abu Ghraib. Katrina. Eight years ago, President Bush was sworn into office with a $237 billion budget surplus and relative economic prosperity. He now presides over a $438 billion deficit, two wars, and a severe economic downturn. According to a Pew survey released this month, only 11 percent of Americans rate Bush as an "above-average president," compared with 44% for Clinton. How did the Bush Administration get here and how will history remember them? We continue our series looking back at the Bush years with political consultants, historians, and those close to the President.

 

Guests:

Allan Hubbard: Former Assistant to President Bush for Economic Policy and Director of the National Economic Council. Currently Chairman of E&A Industries in Indianapolis.

BY TAPE

 

 

 

 

2:30 – 3:00

Free Speech vs. E-Slander

Do you rely on those customer review websites to decide what businesses and services to patronize, and which ones to avoid? A San Francisco chiropractor is suing a client over what the client said about him on one such website – so what’s free speech and what’s e-slander?

 

Guests:

TBD