This is Hubbard Creek Beach looking west in 1 photo and north in the second photo toward the commercial fishing port in Port Orford. It is 9:15 am in the afternoon on 11 December 2008. The temperature is 52 degrees and the sun is warm. This photo speaks to our life style here in Port Orford where the Pine forest on the coastal hills extends down to the beach.  There are no surfers right now they are waiting for the larger waves that preceed an incoming storm approaching from the northwest. This is the favorite spot for ocal surfers. The alternative beach for surfing is Battle Rock Beach.  Looking North Looking Northwest 12/11/2008

This is Battle Rock Park Beach looking south at Humbug Mountain. It is low tide at 3:15 pm in the afternoon on 10 December 2008. The temperature is 59 degrees and the sun is warm. This photo speaks to our life style here in Port Orford where the Pine forest on the coastal hills extends down to the beach.  There are no surfers today but our local surfers like to surf here and the migrating whales frequently stop to peruse the waters of Battle Rock cove. This is Battle Rock. It was named Battle Rock to memorialize a bloody battle between the indigenous people and a expeditionary force that preceded the arrival of early pioneers. On the 4 of July our volunteer fire dept. does our annual fireworks show at this location to the delight of young and old alike. 12/10/2008

This month, the Center for Economic and Policy Research has made two recommendations for stabilizing the housing market. In bubble markets, markets that have experienced appreciation rates that are much higher than the historical annual appreciation rates, CEPR recommended that government-sponsored enterprises (GSEs - Fannie Mae, Freddie Mac, & Ginnie Mae) take actions to deflate these bubble markets by refusing to buy mortgages in these targeted markets until home prices return to a CEPR recommended price for homes. The CEPR recommendation is that the price of homes should be 15 times the annual rent for an equivalent property in the same market. The CEPR recommendation states: Since the private institutions have left the secondary market, the GSEs would have total control over the sec... 12/08/2008