Archive for September, 2008

Throwing ideas out there to fix the housing crisis

Tuesday, September 30th, 2008

If the government really wants to help stabilize the economy and begin owning property by bailing out banks, rather than fixing the root of the problem, why don’t they bail homeowners out directly instead?
They could have homeowners sign over partial ownership directly to the government agency overseeing the transition. What the homeowner is unable to [...]

Gasoline October 1, 2008

Tuesday, September 30th, 2008

Oil rebounds from bailout failure

Housing October 01, 2008

Tuesday, September 30th, 2008

Consumer spending loses steam
Why the bailout bombed
Asian stocks knocked lower
A picture of the Apocalypse
House Defeats Bailout
Wachovia…gone
The Swedish Model: Lenders Paid for 1990s Crisis
Bailout Vote Fails in House
Anger, disarray as bailout plan goes down in unexpected defeat in House
Mayor: Seattle doing well in bad economy
McDonald’s Deemed More Credit-Worthy than U.S. Government
Crumbling Financial Giants Gave Generously To [...]

Gasoline September 30, 2008

Monday, September 29th, 2008

Oil Falls Sharply on Renewed Economic Fears
One More Chance on Energy
AC 360 Blog: Why is our gas crisis being ignored?
Oil sinks more than $10

Housing September 30, 2008

Monday, September 29th, 2008

Financial rescue 101: What’s in the bill
Citigroup buys Wachovia bank assets for $2.2B
Wondering which bank is next
Financial rescue 101: What’s in the bill
Golden parachutes here to stay
“We just wanted to choose a really large number.”
The U.S. mortgage game: How should it change?
Can Taxpayers Actually Expect a Profit on the Bailout?
Renting Makes More Financial Sense [...]

No bailout no solution in sight

Monday, September 29th, 2008

So today the House of Representatives went to vote for a bailout plan, which proposes up to $700 billion in spending to help purchase bad debt from mortgages, that was drummed up over the weekend. The results were finally in, and at a 228 to 205 vote against the bill there isn’t going to be [...]

Housing September 29, 2008

Sunday, September 28th, 2008

Beltway medicine men
Warren Buffett’s happy housing story
How one bank avoided the meltdown
Our army trains at home against US
Army to station active-duty unit in the U.S. for ‘crowd control’
FDIC May Need $150 Billion Bailout as More Banks Fail
FDIC’s response to Bloomberg post “FDIC May Need $150 Billion Bailout as More Banks Fail”
Safety on the Sidelines: You [...]

Gasoline September 29, 2008

Sunday, September 28th, 2008

Gas prices down 11% from high
Oil rises on bailout worries
Cortlandt to Offer Plan to Lower Fuel Oil Costs
New Bus Fuel Contract Softens Warranty That Saved Agency Money
How a Plan for Bus Fuel Grew Expensive