Archive for May, 2009

Daily News Feed June 01, 2009

Sunday, May 31st, 2009

Mortgage Market Locks Up
Mortgages, Housing, and the American Dream: Do We Really Need to Own Our Homes?
The $4 trillion housing headache
Is a commercial real estate bust inevitable?
Home foreclosures hit record in first quarter
The Fed’s Balance Sheet
More Homeowners Facing Foreclosure
About 12 percent of U.S. homeowners late paying or foreclosed

Daily News Feed May 29, 2009

Thursday, May 28th, 2009

Signs of more trouble ahead for housing market, or affordability
“S.F. is going broke, whether you like it or not!”
Sentiment Soars, but Home Prices Continue Slide
China warns Federal Reserve over ‘printing money’
The ugly emperor and the naked duckling
Home Prices in 20 U.S. Cities Fall More Than Forecast
Budget crises swamp state after state

It Cost More to Be Poor

Wednesday, May 27th, 2009

I was reading this article about the price the poor pay in order to actually be poor and the statement that Chris Rock made in the movie Head of State came to mind, the statement goes a little something like this:

That Ain’t Right
“How many of you workin’ two jobs just to be broke? Let me [...]

Daily News Feed May 28, 2009

Wednesday, May 27th, 2009

Economic News
Zombie banks walk among us
GM bondholders reject offer
Is it really time to whip inflation?
Is Living in a High-End Suburb Worth It?
The Great Ethanol Scam
Have I got an office tower for you
State of Paralysis
Fed’s Vice Chairman Admits Fed Has No Exit Strategy
Don’t Monetize the Debt

Daily News Feed May 27, 2009

Tuesday, May 26th, 2009

Economic News
Momentum Builds For Ron Paul’s “Fed Transparency” Act
Thomas Sowell on how government policies made the housing crisis possible
HUD says bridge-loan program hasn’t been killed
G8 energy leaders urge stable oil prices
$60 – oil’s sweet spot
Oil Going To $200 On Obama’s Watch
Saudia Arabia: $200 Oil In 2 Years
Chrysler dealer: ‘They’re making it impossible’

Tough Times but Does that Mean Obligations are Null?

Tuesday, May 26th, 2009

I know that the current economic conditions are created very dire circumstances for everyone, but I was pondering this question over the other day and wondered, if you are in tough economic times does that mean you can forego paying your bills?
I know that if I was to be in a bad situation I would [...]

Daily News Feed May 26, 2009

Monday, May 25th, 2009

Economic News
USPS pays millions to relocate employees, no wonder they raise our rates
O.C. buyers shun adjustable mortgages
How the Poorest Americans Dropped Out of Politics
First Time Home Buyer Program Ripe for Abuse
Foreclosure attraction
The Toxic Asset Base May Have Little Future Value
New federal legislation to protect the tenants

Have a Happy and Safe Memorial Day

Monday, May 25th, 2009

I wrote ten things to do when you are feeling stressed a few weeks back.

I find that people are more stressed these days than ever, because they may not have a job, they may be facing a lay of and not certain of their next job. If you are in the fortunate situation to be [...]