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economcy: I Would Fight for John McCain to Win, if He Could Speak out "CFPTB." - 10/26/08 10:05 AM
Fed heads toward uncharted territory
Ben Bernanke & Co. are likely to cut interest rates again on Oct. 29. And some experts think rates could soon fall below 1% for the first time.
Beyond write-downsThe world's financial system is such a mess that no one is really quite sure where to … (3 comments)

economcy: A Funny World (17): Your Tent City? Or My Tear City? - 12/25/07 10:01 PM
 
Christmas, 2007
 
Tent city in suburbs is cost of home crisis 
By Dana Ford
 





ONTARIO, California (Reuters) - Between railroad tracks and beneath the roar of departing planes sits "tent city," a terminus for homeless people. It is not, as might be expected, … (9 comments)

economcy: A Funny World (14): Sun Goes Up? Or Not? - 12/18/07 03:04 PM
As foreclosures mount, tenants suffer
You've got to figure, these banks are in California, they've got a gazillion properties, they think on a national scale." - Joseph Petrocelli, owner of New England Property Solutions, a company that's hired by mortgage companies to handle the sale of foreclosed properties. Petrocelli was commenting on … (1 comments)

economcy: Who's crying so loud out there? - 12/05/07 01:01 PM
The blood on Greenspan's hands
The former Federal Reserve chief now admits there is a housing bubble, yet he still refuses to take the blame he so richly deserves, By Bill Fleckenstein
*******   ******   *******
Hi! Bill,
Be nice to an old gentleman Mr. G, Okay?  Keep in mind that he used to be one of … (1 comments)

economcy: Who and What's Mr. B: Brilliant or Bullshit? - 11/21/07 10:22 AM
Are we facing the worst home foreclosures in the history of the USA housing market?  
This is very serious, experts are saying next year will be worse, but in reality I believe 09-2010 will be even worse. I honestly believe the experts are deliberate in forcasting the real estate problem, they dont … (5 comments)

 


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