Posts Tagged ‘ housing crisis ’

Making Home Affordable: The Kickoff Begins

Mar 5th, 2009 | By | Category: Featured, Macro Economics, Politics
Help is coming for 9 million overtaxed, indebted sods -- so goes the jingle from our newest president of these United States. That’s a little more than those who are drowning right now. One in five U.S. mortgage-payers is underwater.  That’s over 8 million of us.  In times like this I cross ...read more

Tags: ,
Posted in Featured, Macro Economics, Politics | 8 comments


Similarities Between SL and the Housing Crisis

Jan 9th, 2008 | By | Category: Macro Economics
ONE WAY BANKS HAVE OF ATTRACTING MONEY is by offering above market rates on CDs and savings accounts. With six-month treasuries yielding 3.2%, guaranteed rates of 5.0% on CDs or savings accounts will attract capital. Such rates should not be government guaranteed but they are. Money will always flock to the ...read more

Tags: , , , , ,
Posted in Macro Economics | 2 comments


Setting the Records Straight

Dec 21st, 2007 | By | Category: Commodities
LAST WEEK, THE WORLD OF BASEBALL BRACED ITSELF for the release of former Sen. George Mitchell’s detailed report about steroids in the game. The findings of the investigation have now come out and been made public. Now baseball can begin the arduous task of rebuilding its image. It may be ...read more

Tags: , ,
Posted in Commodities | 1 Comment »


Every Which Way But Me

Nov 19th, 2007 | By | Category: Commodities
THERE WAS AN INTERESTING INTERVIEW with Alan Greenspan on Fox Business Network about housing, gold, and the lack of need for a central bank. It appears that Greenspan has plenty of reasons for why the housing bubbles worldwide ever started and are now bursting. This appears to be Greenspan’s new MO. He’s been traveling all ...read more

Tags: , ,
Posted in Commodities | No Comments »


The Next Shoe to Drop?

Oct 15th, 2007 | By | Category: Commodities
Subprime pollution from housing is rapidly spreading into so many areas now that inquiring minds may be asking, “What’s the next shoe to drop?” Let’s take a look at a few of the most promising ideas… First is the rising credit card borrowing trends being seen in the wake of the ...read more

Tags: , , , ,
Posted in Commodities | No Comments »