Millionaire Singer Justin Bieber Was Turned Down For A Home Loan On $7,000,000 Mansion

Justin Bieber and Selena Gomez

Millionaire pop star, Justin Bieber, 18, was recently turned down for a home loan. What exactly did he try to buy? An island. Actually no. Bieber was attempting to purchase a $7,000,000 Hollywood mansion and was told to kick rocks by bankers, when the appraisal value came in below the asking price.

Bankers told Bieber to kiss home loan goodbye

Bieber has been living in sin with Disney actress, Selena Gomez, 19 and seeks a mansion for them to move into, rather than sharing hotel rooms, rented homes and apartments. He has viewed a few homes in Los Angeles, mainly Calabasas, but has his eye on one in particular, which as mentioned above, does not match up to the appraised value. This would mean, buying it cash at the current asking price, could mean immediate negative equity, especially with home values continuing to decline.

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Justin Bieber has been denied a mortgage, so he is currently without a love nest

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

Barack Obama

A friend asked me to research grants online for her and I was amazed at what I found. As many of you know, a few of President Obama's top campaign donors were given tens of billions of dollars in taxpayer funds to start solar companies that went on to fail in a major way between 2009-2012.

Yet, now when you check the Small Business Association (SBA), which for many years gave grants and training to people in America to start their own businesses, all you'll see is a message that states, "How do I get a small business grant? At this time, Congress has not set aside any monies for grants to start and/or expand a small business..." (http://www.sba.gov/content/how-do-i-get-small-business-grant).

I remember during the Clinton Administration, if you took a six week course with the Small Business Association and formulated a decent business plan during said time, the SBA would give you $5,000 to start your own business, which helped a lot of people and created revenue streams via entrepreneurial endeavors in America. The $20,000,000,000 President Obama gave to a handful of companies such as Solyndra, which all went on to fail in the solar industry, could have gone much further in the economy as smaller grants and loans at the Small Business Association.

Obama's business plan helped a few campaign donors that blew billions, when it could have helped thousands of entrepreneurs with a greater probability of success in local communities all over America. I have only one question. Why?

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