Archive for July, 2008

Housing August 01, 2008

Thursday, July 31st, 2008

Some Real Talk on Housing
I-Team: Banks Overwhelmed by Foreclosure Crisis
Subprime mess sends number of fraud lawsuits higher
With condo foreclosures, others feel the pain, too
Merrill Deal Seen As Template For Banks,Bond Insurers
In bay area, 31,900 vacant home sites wait for buyers
The Fictitious Economy, Part 1, An Interview With Dr. Michael Hudson

Gasoline August 01, 2008

Thursday, July 31st, 2008

Texas: Report Faults BP on Refinery
Americans finger oil firms for gas runup
Oil slides below $127 as supply worries ease
Oil stages late-day rally amid Mideast tensions
Partisanship threatens Senate efforts to lower gas prices

Gasoline July 31, 2008

Wednesday, July 30th, 2008

The Nimble Exploit Little Efficiencies
Gas prices fall for 13th straight day
Lithium-ion: Not So Fast, Buddy
Interior Pressures Dems With New Offshore Drilling Plan

Housing July 31, 2008

Wednesday, July 30th, 2008

Why Bail Out of Freddie and Fannie is Bad Policy
Mortgage applications hit 2008 low
The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
The plunge in the price of homes gets worse. Rapid decline in 20 U.S. cities – biggest recorded yearly slide
10 Things to Understand About the Housing Bubble and the [...]

Gasoline July 30, 2008

Tuesday, July 29th, 2008

BP Earnings Rise; Valero Profit Drops
Energy Prices Are Bright Sliver in Grim Economy
Americans ditching the car
Gas prices fall for 12th straight day
Crude resumes slide on global demand fears
Oil Sands’ Byproduct: Dross to Gold

Housing July 30, 2008

Tuesday, July 29th, 2008

America’s house price time bomb
Foreclosure threat spreads in O.C.
Take A Load Off Fannie!
Riding it out to rock bottom
Why the 2008 Housing Relief Bill is No Relief
Merrill: No longer in denial

Housing July 29, 2008

Tuesday, July 29th, 2008

Fannie Mae bailout: Taxing America’s poorest citizens to help the richest
U.S. regulators seize two more banks, engineer sale
The Last Straw for Suffering Homeowners
$625,000 house on a street wrecked by subprime loans?
Why millions of people may be just 11 days from financial ruin
Why we tolerate bailouts
‘Stealth’ Housing Bailout: It’s Bigger Than You Think

Housing July 29, 2008

Monday, July 28th, 2008

Bank of Canada’s Monkey See Monkey Do Policy
U.S. jobless claims rise, home sales at new low
The Grand Summary: Our Empire of Debt Is Collapsing (July 28, 2008)
From seven to six figures
U.S. Housing Slump Losses May Triple, Stewart Says (Update1)
What about renters?
Foreclosure Numbers Detail More Pain To Come