Is Manufactured Housing Next? Electric Vehicles-EVs-Industry Woes Could Hit Manufactured Home Independents Hard, David Harsanyi – ‘Green Boondoggle’ ‘EVs are a Scam;’ plus MHMarkets Updates

IsManufacturedHousingNextElectricVehiclesEVsIndustryWoesCouldHitManufacturedHomeIndependentsHardDavidHarsanyiGreenBoondoggleEVsAreaScamPlusMHMarketsUpdatesMHProNews

David Harsanyi is a senior editor at The Federalist and has done columns for publications that span the left (Washington Post) to right (Wall Street Journal) media divide. Thousands of manufactured housing pros have been advised of the looming threat from the pending Department of Energy (DOE) Manufactured Housing Energy Rule. While the Manufactured Housing Institute (MHI)-Texas Manufactured Housing Association (TMHA) legal action put a temporary stay on the rule, TMHA’s own Vice President Rob Ripperda contradicted MHI and admitted that the DOE rule is essentially in motion once again. The Manufactured Housing Association for Regulatory Reform (MHARR) has sounded the warning that MHI appears poised to make a deal with DOE. If so, then MHI would once more essentially be subverting the interests of manufactured housing industry consumers and independents alike, per detailed remarks by ex-MHI Vice President and MHARR founding president, CEO and now senior advisor to MHARR, Danny Ghorbani.

In response to these and other concerns, pro-MHI trade media appear to be ignoring the role MHI has and is playing on these matters and the now 8 month manufactured housing industry downturn and/or are giving them de-facto cover. As MHProNews has faithfully and factually noted, during the same time period that manufactured housing’s production downturn has continued, far more costly conventional construction has reversed and is growing.

To the topic raised by Harsanyi, the thoughtful prior observation made by pro-MHI member Andy Gedo is arguably relevant.

Per Gedo: “Tony: I agree with your [MHProNews] thesis that the MH [manufactured home] industry needs devil’s advocates or contrarians. Any highly concentrated industry needs this. And you may have a point that since our industry lacks contrarians, it may be worthwhile to look to other industries for example[s]…” While maintaining support for MHI since, Gedo also said: “I have benefited from the information…” on MHProNews.

Gedo also candidly noted, “manufacturer bankruptcies opened the door for the consolidators, first Clayton/Berkshire, soon followed by Champion and Cavco.” Once more the full context of those remarks by Gedo are found at this link here. Note that in saying “Champion” it is more specifically known now as publicly-traded Skyline Champion (SKY).

Since that time, perhaps ironically, several MHI member firms have openly admitted, even essentially ‘bragged’ about their consolidation strategies. What Gedo thought might arguably be speculation on the part of MHProNews on the consolidation front has since been confirmed by several of MHI’s own members. Put differently, MHProNews’ reporting has stood the test of time and has been confirmed. It is thus awkwardly and repeatedly MHI itself that is left with a record of making posturing and apparently paltering remarks that when examined by people with knowledge of manufactured housing are “bereft of any tangible results.”

That brief preface sets the stage for why Harsanyi’s evidence-based remarks about the automotive industry should be viewed through the lens of manufactured housing industry independents.

  • Part I is the commentary from Harsanyi courtesy of the WND News Center to MHProNews. Note that one of WND‘s headings called it a “Green Boondogle.”
  • Part II is a handy bookend to the above which is another recent set of facts and observation from the Federalist’s Harsanyi via the WND News Center to MHProNews which focused on how ‘climate’ is now statistically less threatening that it has been in years.
  • Part III is more MHProNews Analysis and Commentary that ties Harsanyi’s insights into manufactured housing industry’s interests for those who want to see manufactured housing recover and move from the 21st century’s troubling see saw pattern of sharp down and slow up production swings in favor of a robust and sustainable manufactured home industry growth.
  • Part IV is our Daily Business News on MHProNews market recaps (macro-and manufactured housing connected) including our signature time saving-insight generating left-right headlines review.

 

Part I

COMMENTARY

GREEN BOONDOGGLE

Electric cars are a scam

David Harsanyi asserts, ‘We’re still pretending EVs are a new idea rather than an inferior one’

By David Harsanyi
Published July 13, 2023 at 7:21pm

The left likes to treat skeptics of electrical cars as if they were Luddites. Truth is, making an existing product less efficient but more expensive doesn’t really meet the definition of innovation.

Even the purported amenities and technological advances EV makers like to brag about in their ads have been a regular feature of gas-powered vehicles going back generations. At best, EVs, if they fulfill their promise, are a lateral technology.

Which is why there is no real “emerging market” for EVs in the United States as much as there’s an industrial policy in place that props up EVs with government purchases, propaganda, state subsidies, cronyism, taxpayer-backed loans and edicts. The green “revolution” is an elite-driven, top-down technocratic project.

And it’s increasingly clear that the only reason giant rent-seeking car makers are so heavily invested in EV development is that government is promising to artificially limit the production of gas-powered cars.

In August 2021, President Joe Biden signed an executive order to set a target for half of all new vehicles sold in 2030 to be zero-emission. California claims it is banning combustion engines in all new cars in about 10 years. So, car makers adopt business models to deal with these distorted incentives and contrived theoretical markets of the future.

In today’s real-world economy, Ford projects it’s going to lose $3 billion on electric vehicles in 2023, bringing its EV losses to $5.1 billion over two years. In 2021, Ford reportedly lost $34,000 on every EV it made. This year, it was losing more than $58,000 on every EV. In a normal world, Ford would be dramatically scaling back EV production, not expanding it. Remember that next time we need to bail out Detroit.

Then again, we’re already bailing them out, I suppose. Last week, the U.S. Energy Department lent Ford – again, a company that loses tens of thousands of dollars on every EV it sells – another $9.2 billion in taxpayer dollars for a South Korean battery project. One imagines no sane bank would do it. The cost of EV batteries has gone up, not down, over the past few years.

Ford says these upfront losses are part of a “start-up mentality.” We’re still pretending EVs are a new idea rather than an inferior one. But scaremongering about climate and a misplaced romanticizing of “manufacturing” jobs have softened up the public for this kind of waste.

In the real world, there is Lordstown. In 2019, after General Motors – which also loses money on every EV sold – shut down a plant in Lordstown, Ohio, then-President Donald Trump made a big deal of publicly pressuring the auto giant to rectify the situation. CEO Mary Barra lent Lordstown Motors, a new EV outfit, $40 million to retrofit the plant. Ohio also gave GM another $60 million.

You may remember the widespread glowing coverage of Lordstown. After Biden signed his “Buy American” executive order, promising to replace the entire U.S. federal fleet with EVs, Lordstown’s stock shot up.

By the start of this year, Lordstown had manufactured 31 vehicles total. Six had been sold to actual consumers. (Most of them would be recalled.) The stock was trading at barely a dollar. Tech-funding giant Foxconn was pulling its $170 million. And this week, the company filed for bankruptcy.

Without massive state help, EVs are a niche market for rich virtue signalers. And, come to think of it, that’s sort of what they are now, even with the help. A recent University of California at Berkeley study found that 90% of tax credits for EVs go to people in the top income strata. Most EVs are bought by high earners who like the look and feel of a Tesla. And that’s fine. I don’t want to stop anyone from owning the car they prefer. I just don’t want to help pay for it.

Really, why would a middle-class family shun a perfectly good gas-powered car that can be fueled (most of the time) cheaply and driven virtually any distance, in any environment, and any time of the year? We don’t need lithium. We have the most efficient, affordable, portable and useful form of energy. We have centuries’ worth of it waiting in the ground.

Climate alarmists might believe EVs are necessary to save the planet. That’s fine. Using their standard, however, a bike is an innovation. Because even on their terms, the usefulness of EVs is highly debatable. Most of the energy that powers them is derived from fossil fuels. The manufacturing of an EV has a negligible positive benefit for the environment, if any.

And the fact is that if EVs were more efficient and saved us money, as enviros and politicians claim, consumers wouldn’t have to be compelled into using them and companies wouldn’t have to be bribed into producing them. ##

David Harsanyi is a senior editor at The Federalist. Harsanyi is a nationally syndicated columnist and author of five books – the most recent, “Eurotrash: Why America Must Reject the Failed Ideas of a Dying Continent.” His work has appeared in National Review, the Wall Street Journal, Washington Post, Reason, New York Post and numerous other publications. Follow him on Twitter @davidharsanyi.

 

Part II

COMMENTARY

HEAT OF THE MOMENT

We’ve never been LESS threatened by ‘extreme weather’

David Harsanyi takes Washington Post to task for recent story about deaths

By David Harsanyi
Published June 29, 2023 at 7:04pm

“Extreme heat kills more people in the United States than any other weather hazard,” is the first claim in this Washington Post piece warning about the deadly summer heat – and it is almost certainly false. Similar warnings about the deadly weather appear in virtually every mainstream media outlet.

First off, the only reason “extreme” temperature kills more people than other weather hazards is that deaths from weather have plummeted over the century – even as doomsday climate warnings about heat, hurricanes, tornadoes, floods and droughts have spiked. All extreme weather accounts for only about 0.1 death for every 100,000 people in the United States each year. That is a massive drop from the time of your grandparents. The Post and others should be celebrating the fact that humans have never been less threatened by the climate in history.

The Post also warns that 62 million people in the U.S. may be “exposed” to dangerous heat “today.” That’s a lot of people, even considering nearly all of them live in the southernmost spots in the country and it’s summer. The Post counts anyone exposed to heat over 90 F as being in some level of danger. Fortunately, most Americans enjoy the luxury and health benefits of air conditioning, one of the great innovations of the past century.

Nowhere in the piece, however, do the authors tell us exactly how many Americans have perished from the oppressive heat. Anyway, it’s around 700 people a year, according to the Centers for Disease Control and Prevention – if you liberally count heat as both the “underlying” and/or “contributing” causes. It is about 400 people when heat is the underlying cause. And that’s terrible. But, also, it’s around 3,600 fewer people than those who drown every year.

Though there has been an uptick in recent years – as Bjorn Lomborg has pointed out, this is almost surely due to an increasingly aging population that is more susceptible to heat – both numbers are still near-historic lows.

And most of those deaths, despite the Post’s claim, are from the cold, which is far more lethal to humans today, as it has always been. I come to this information via another Washington Post piece that ran this very winter, which helpfully notes that for “every death linked to heat, nine are tied to cold.” That piece relies on a recent peer-reviewed Lancet study to make that claim. Another recent peer-reviewed study in The BMJ found that “cold weather is associated with nearly 20 times more deaths than hot weather.” Other studies have come to the same conclusion.

So where did the Post get the idea that heat was the leading cause of weather deaths? After following a few hyperlinks, I land on a National Weather Service chart from 2019 that lists heat as the leading cause of extreme weather deaths. Where it gets these numbers is a mystery to me. And though I’m sure they aren’t concocted by some bureaucrat, they certainly seem to be an outlier.

Not to worry. Even here we find promising news. Though the National Weather Service says the leading cause of weather deaths is heat, it also found that the average was only 103 deaths per year over the preceding decade. That’s hundreds of fewer deaths per year than the CDC reports – and hundreds fewer than die from, say, over-the-counter headache medicine overdoses.

Enjoy the summer. ##

 

Part III – Additional Information with More MHProNews Facts and Analysis 

Gedo’s remarks, previously cited in the preface for this article, included a claim that this writer for MHProNews was perhaps more right-of-center than most of manufactured housing. Gedo is certainly welcome to that viewpoint. MHProNews’ editorially defend his First Amendment protected and God-given right to express that view, which apparently several in the Biden Administration would be the kind of thinking that some would want censored. Thankfully, free speech won a reprieve during the Independence Day celebrations recently, as MHProNews reported and others in MHVille did not. See that below. That noted, no other known publication in MHVille spends more time presenting news, research, and other information from sources in the political left-center- and right wings of American politics and media than MHProNews.  Industry readers have responded with making and keeping MHProNews as the runaway source for manufactured housing “Industry News, Tips, and Views Pros Can Use” © than any other rival source. That documented statistical vote of confidence by readers like you has rewarded our unique journalistic methods of holding those with power accountable which is a traditional role that American news media is supposed to play. Others in MHVille are welcome to be propagandists or smokescreen generators for the MHI unstated by apparent agenda of industry consolidation, that Gedo himself noted is underway.

 

‘Free Speech Right Not Limited to Members of a Political Party or Belief’ Judge Terry Doughty ‘Most Massive Attack Against Free Speech in US History’-Analysis; plus Independence, MHMarkets Update

 

Given that surprising numbers of Democrats – noting again that MHProNews’ leadership are political independents – are leaning toward Robert F. Kennedy Jr. instead of Joe Biden, it is likely that MHProNews’ evidence-and reason-based views are more common than Gedo may have thought.  While this publication editorially believes there is a low chance that Kennedy joins Donald J. Trump on a ticket for the 2024 presidential contest, the fact that people across the political spectrum are speculating about that is evidence that there are several issues that people from the political left are increasingly in agreement with those on the political right. See the research from the left-leaning New York Times which supports that view.  These tweets from Kennedy shed light on several of the broader issues that MHProNews, in conjunction with our MHLivingNews sister site, has often covered essentially alone in what passes for the balance of MHVille trade media. But in fairness to Gedo’s polite critique, it is apparently breadth, depth, and source-balanced coverage that makes and keeps people interested in what MHProNews publishes. It may be why sources on the political left, which is the opposite of what Gedo asserted have spotlighted on their site the fair and balanced reports on issues raised by left-leaning organizations such as the Institute for Policy Studies (IPS) in our periodic reports on the problematic pattern of philanthro-feudalism. This is an important issue to understand, because Kevin Clayton himself mentioned the ways that Warren Buffett has used it during a video interview MHProNews and MHLivingNews factually reported on, but which others in MHVille trade media apparently lacked the chutzpah and cajónes to touch. Put differently, fair and balanced are not a mere slogan on MHProNews. While Gedo may think we lean right, an understandable perspective, try to find anyone in MHVille trade media that has cited more sources fairly and accurately from the political left – or center, or right – than MHProNews. Good luck with that hunt in MHVille once you’ve left our pages.

 

 

To be clear on the points made from the tweets above, Kennedy and deposed President Donald J. Trump, the current runaway Republican frontrunner per most polls, have divergent views on several issues.

But Kennedy has been willing to take on the titular head of his own party, Joe Biden, by name on several issues that ought to be of interest to industry professionals regardless of their political views.

Some polls have reportedly showed Kennedy is now attracting a growing share of Biden’s base. The Ceres Courier, citing the Economist/YouGov survey reported the following.

QuoteMarksLeftSideA recent Economist/YouGov poll shows Robert F. Kennedy Jr. with a significantly higher favorability rating than President Joe Biden. The survey found 49 percent of respondents expressed a positive view of Kennedy, while 30 percent held an unfavorable opinion of him, giving Kennedy a net favorable rating of 19 points. Biden on the other hand holds a favorability rating of minus 11 points.

This comes on top of a recent Emerson Poll showing Kennedy at 15% among Democratic primary voters, up from 10% two months ago in another poll.

Most troubling for Biden, Kennedy may be able to attract core members of Biden’s base. Polling shows Kennedy is gaining support with minorities, women, and young people, all groups Biden cannot afford to lose.  …”

With that backdrop, it should be obvious that there are thousands of scientists and professionals who dispute the claims of the ‘green climate’ agenda. This is immensely relevant to the manufactured home industry on the climate front as well as on the ‘green’ pending DOE energy rule front too.

 

Who’s Right? Climate Claims-DOE Slam ‘Mobile Homes’ 1100+Scientists-World Climate Declaration Say CO2 ‘Essential to Earthly Life’-Decry ‘Solutions for Nonproblem’ Led by Grant$; plus MHStocks Update

Following the Money Trail in Battle Over Green Policies, ESG Investing, Economic Liberty, Politics, and Modern Manufactured Housing

Shock Green Agenda Poll; Gates’ MSN-‘Global Recession Driven by Higher Rates in U.S., Abroad’ ‘Housing, Stocks Reeling’ ‘Orwellian’ ‘Inflation Reduction Act’ – plus MHVille REITs Stocks Update

 

More specifically, MHI’s own attorneys have argued that there would be ‘irreparable harm’ caused to manufactured housing by the DOE energy rule.

 

‘Irreparable Harm,’ ‘Public Interest,’ ‘Legal Defects,’ ‘DOE Seeks to Avoid Judicial Review’ Cited by MHI-TMHA Attorneys v Dept of Energy – Pleadings and Developments; plus MHVille Stocks Update

 

Which is why MHI leaders ought to be embarrassed at their problematic pattern of posturing nonsense, saying one thing and doing another on the DOE energy rule, as MHProNews has faithfully and factually reported for years.

Look again at the date of the report linked below. Then look at where manufactured housing production is now, per the most recent data.

The report linked below is dated June 27, 2022. Just a few months later, the manufactured home industry’s current downturn began.  Yet at the time when MHProNews published that report the news was about production ‘backlogs‘ not a downturn. No one in MHVille made a similar report, no matter how much they pat themselves, or each other, on their backs.

 

Manufactured Housing Institute Leaders-Lawyers Asked About Explosive Allegations by Nonprofit Veteran on High Profile MH Industry Threat; Exclusive Q&A Claims Downturn Less Than 1 Year Away if MHI Fails

‘Alarming Year-Over-Year Manufactured Home Production Declines Continue’ per Manufactured Housing Assoc as Deceptive Trade Practice Concerns about ManufacturedHomes.com, MHInsider, MHI Raised

 

Are those who are de facto in the camp of MHI consolidators hoping that MHProNews and other MHI critics won’t notice how MHI’s messaging to their own members has shifted?

Why aren’t MHI leaders using the legal advantage that they had over DOE in their MHI-TMHA suit, as MHARR and others have argued is prudent, to stop instead of accepting merely delay the DOE’s energy rule?

Are MHI leaders once more going to snatch defeat from the jaws of victory? And who is it that benefits from that pattern, save consolidators who are routinely MHI members?

 

Department of Energy (DOE) Publishes ‘Unacceptable’ Manufactured Housing Energy Rule Extension

 

As was noted above, TMHA’s Ripperda has essentially undermined some of MHI’s talking points.

 

TMHA VP Rob Ripperda’s Tell Damages Manufactured Housing Institute Claim, While Dr. Harold Hunt Remarks Undercut Cavco’s Bill Boor Statements on Manufactured Housing? Plus MHVille Markets Update

 

MHI leaders appear to be preparing to once again give unknown numbers of the industry’s independents a subtle shiv.  Once more, see the years of details that MHARR’s research on MHI’s role on the DOE energy rule revealed. It can hardly be a conspiracy theory when there are documents to substantiate the MHARR claims, plus an array of other evidence that supports their reasoning.

MHARR has engaged with Biden Administration officials without rolling over for them.

 

MHARR Highlights Key Industry Issues in MEETING with HUD Assistant Secretary

MHARR Washington Update – Fannie, Freddie And DTS Plus Latest Concerns On MHI Energy Litigation

 

So, why doesn’t MHI – if they mean what they say – do similarly? Are we to believe that the huge conglomerates that are members of MHI, with Berkshire Hathaway being one of them, are unable to get federal officials – or Joe Biden – to change their stances that are harming MHVille? It is a proverbial circle fest in a hot tub.

 

3BsBillBuffettBidenWhatIfWarrenBuffettBillGatesJoeBidenPresObamaPicsAffordableManufacturedHomesPotentialAnalysisUglyPlusSundayWeeklyHeadlinesReviewMHProNews
https://www.manufacturedhomepronews.com/3bs-bill-buffett-biden-what-if-warren-buffett-bill-gates-joe-biden-affordable-manufactured-homes-potential-analysis-ugly-plus-sunday-weekly-headlines/

 

Not only is the DOE energy rule harmful, as MHI itself has admitted, it is apparently just another part of a pattern over a range of 21st century issues that routinely benefits consolidators who are higher profile MHI members. For more facts, evidence, and examples, see the report linked below.

 

WereAbeLincolnAndFrankRolfeCorrectFederalAgencyToPresentSpeakersInsightsOnWhyAffordableHousingAndManufacturedHomesStruggleDuringAffordableHousingCrisisMMHLivingNews
https://www.manufacturedhomelivingnews.com/were-abe-lincoln-and-frank-rolfe-correct-federal-agency-to-present-speakers-insights-on-why-affordable-housing-and-manufactured-homes-struggle-during-affordable-housing-crisis/

 

It seems that MHI’s top staff can’t even get something as simple as an obituary of Dennis Hill framed correctly, consistent with and according to their own previously claimed positions. Why should manufactured housing professionals trust that problematic source for anything other than the interests of the industry’s consolidators?

 

HistoricFauxPasSeriesAnnouncedExploresAmericanExceptionalismViaProperlySourcedResearchIntoAffordableManufacturedHomeHistoryPreviewingFleetwoodHomesDennisHillSagasMHProNewsMast
https://www.manufacturedhomepronews.com/masthead/historic-faux-pas-new-series-announced-explores-american-exceptionalism-through-properly-sourced-research-into-affordable-manufactured-housing-history-previewing-fleetwood-homes-dennis-hill/

 

This isn’t mere rhetoric, nor animus as an MHI member falsely alleged.

Rather, it is an evidence-based bracing reality check that is entirely consistent with the role that independent trade media is supposed to play.

As one of the notorious MHI members – Frank Rolfe – put it, hypocrisy anyone?

It is only when someone in the post-production sector does more than posture creating an effective and authentic post-production trade group that will be as faithful and consistent as MHARR has been for decades that the industry is likely to recover. Until then, expect the current pattern of manufactured housing independents routinely falling, selling out, or failing to continue.

 

Were Abe Lincoln and Frank Rolfe Correct? Federal Agency to Present Speaker’s Insights on Why Affordable Housing and Manufactured Homes Struggle During Affordable Housing Crisis
https://www.manufacturedhomelivingnews.com/were-abe-lincoln-and-frank-rolfe-correct-federal-agency-to-present-speakers-insights-on-why-affordable-housing-and-manufactured-homes-struggle-during-affordable-housing-crisis/

 

Not only does it appear that Abraham Lincoln and Frank Rolfe uniquely had it right (see the above), but so too did Carol Roth.

Roth said that big companies secretly love regulation.  And it is RFK Jr., see the tweet above, that pointed out that regulatory capture is part of the pattern he has observed firsthand for decades.

So, Andy and others who may want to trust MHI and their apparently consolidation-focused leadership. Lean in carefully. Look at the details, the patterns, and perspectives from all sides. See how the puzzle pieces fit. And ask yourselves. Given the sloppy 21st century of MHI ‘performance,’ isn’t it possible that David Harsanyi concerns could readily be applied to manufactured housing too? The graphics below represent the cold hard brutal facts.  ##

Notice: the graphic below can be expanded to a larger size.

See the instructions below the graphic below or click the image and follow the prompts.

MobileHomeIndustryAnnualProductionHUDCodeManufacturedHomeIndustry20thVs21stCenturyCollapse-ManufacturedHomeProNews
The graphic above starts in the mobile home era in 1960 through the start of the start of the Manufactured Housing era which formally began on June 15, 1976. It then continues through the Manufactured Housing Improvement Act of 2000 (MHIA) of 2000 era, which is essentially manufactured homes in the 21st century. The Manufactured Housing Institue (MHI) and the Manufactured Housing Association for Regulatory Reform IMHARR) teamed up in the late 1990s to get the Manufactured Housing Improvement Act of 2000 (MHIA) enacted into law. It was supposed to, among other factors, give the industry ‘enhanced federal preemption’ to overcome zoning and placement challenges at the local level. What happened to that once joint push by MHARR and MHI? Note: depending on your browser or device, many images in this report can be clicked to expand. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. The report the graphic is from is unpacked in the post linked here: https://www.manufacturedhomepronews.com/skyline-champion-sky-ramping-up-3-plants-good-credit-quality-retail-buyers-more-details-from-2023-quarterly-earnings-call-transcript-whats-said-not-said-facts-and-analysis/ Then, a similar dive into Cavco Industries report for a time frame report is linked here. https://www.manufacturedhomepronews.com/analyst-to-cavco-why-is-manufactured-home-industry-production-so-weak-paradox-develops-lower-expectations-more-singles-in-q1-2023-cavco-industrie/ The topic of the importance of history is examined in the report linked below. https://www.manufacturedhomepronews.com/in-the-business-world-the-rear-view-mirror-is-always-clearer-than-the-windshield-warren-buffett-mhville-leader-showcases-efforts-to-renew-american-dream-plus-sunday-weekly/

Notice: the graphic below can be expanded to a larger size.

See the instructions below the graphic below or click the image and follow the prompts.

ManufacturedHousingProductionInfographic1960to21stCenturyIncludingBerkshireHathawayClaytonHomesEraJamesJimSchmitzJrSamuelSamStrommenManufacturedHomeProNewsMHProNewsSkylineChampLogo
Ironically, Skyline Champion’s own investor pitch-deck provides ample evidence for manufactured housing industry underperformance. That same pitch-deck further provides evidence that Mergers and Acquisitions are a key part of their business model. What is there in such revelations that MHI supporters Elizabeth Birch, J.D., and OMHA’s Tim Williams miss? Bear in mind, that they are mere stand-ins who voluntarily raised their hands in defense of Berkshire and MHI firms like Skyline Champion. Notice: Several of the illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo. Use your browsers back key to return to the article. https://www.manufacturedhomepronews.com/masthead/true-tale-of-four-attorneys-research-into-manufactured-housing-what-they-reveal-about-why-manufactured-homes-are-underperforming-during-an-affordable-housing-crisis-facts-and-analysis/
https://www.manufacturedhomepronews.com/masthead/true-tale-of-four-attorneys-research-into-manufactured-housing-what-they-reveal-about-why-manufactured-homes-are-underperforming-during-an-affordable-housing-crisis-facts-and-analysis/

Star Parker–Facts with Remarks on Wall Street Journal on Bidenomics – ‘Nation Declines as Government Spending, Inflation Grow; Incomes Fall’ ‘Govt Expands-Private Sector Lags’ Plus, MHVille Stocks

 

Part IV. Daily Business News on MHProNews Markets and Headline News Segment

 

Headlines from left-of-center CNN Business – from the evening of 7.14.2023

  • Hitting the picket lines
  • Actors kick off the first strike against film and TV productions since 1980 and the nation’s largest strike since 1997
  • Are you owed a slice of the $100 million fine Bank of America has to pay?
  • ‘There is no Coco Chanel’: Lawsuit accuses Shein of copyright infringement
  • US officials worry about ‘chilling effect’ on combating election disinformation after order limiting Biden administration contact with social platforms
  • Crypto scores a key legal victory in long-running regulatory feud
  • How Barbie made a surprising comeback
  • A 10-day UPS strike could be the costliest in US history
  • US consumers are feeling the most optimistic since September 2021
  • Homebuyers must ‘learn to live’ with near-7% mortgage rates, says RE/MAX chairman
  • New homes line a street in Eagleville, PA, on April 28.
  • LIVE UPDATES
  • It’s been a tough quarter for mortgages at JPMorgan Chase, Wells Fargo
  • Actors are going on strike after talks with major studios and streaming services fail
  • How the actors strike will affect your favorite movies and TV shows
  • EU lifts curbs on food imports from Fukushima area as Japan set to release nuclear water into sea
  • The Nasdaq-100 index is getting a makeover
  • Rare Singapore corruption probe widens to include Grand Prix owner
  • The US is short on homes. Here’s how builders are still offering the American Dream
  • ‘China has changed.’ Germany unveils strategy to cut reliance on world’s no. 2 economy
  • China takes major step in regulating generative AI services like ChatGPT
  • Indian tech giant Wipro will invest $1 billion in AI, including training all staff
  • Every Buybuy Baby store is closing after bankruptcy deal falls through
  • San Francisco Fed president: ‘It’s really too early to declare victory on inflation’
  • Chipotle tests ‘Autocado,’ a robot to speed up guacamole production
  • Ex-Celsius CEO is charged with fraud

 

YahooFinanceLogo9ClosingStocksEquitiesBroaderMoneyMarketInvestmentIndicatorsGraphic7.14.2023MHProNews
In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror more so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. https://www.manufacturedhomepronews.com/in-the-business-world-the-rear-view-mirror-is-always-clearer-than-the-windshield-warren-buffett-mhville-leader-showcases-efforts-to-renew-american-dream-plus-sunday-weekly/

Headlines from right-of-center Newsmax 7.14.2023

  • Court Blocks Curbs on Govt. Contact With Social Media for Now
  • Biden administration critics have said the White House has been looking for ways to shut down conservative expression and dissent in violation of free speech. [Full Story]
  • Ex-AG Whitaker: Wray ‘Evasive and Not Helpful’
  • Cruz Hits Wray Testimony: Most Politicized FBI, DOJ | video
  • Carter: Americans Don’t Buy ‘Bidenomics’ | video
  • Blaine Holt: Wray-Ukraine Social Media Work ‘Impeachable’ | video
  • Kirby: Cluster Munitions a ‘Bridge’ to Help Ukraine | video
  • Cruz: FBI ‘Stonewalling’ on Jan. 6 | video
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