consumer credit: An Interesting Story on Lou Dobbs Tonight
- 05/09/08 12:21 PM
I was watching Lou Dobbs this evening (5/8/2008), and was surprised when he reported that over 15.5 Million Americans are behind on paying their utility bills. That is an incredible amount. That amounts to 15% of all Americans are more than 30 days late in paying their utility bills, natural gas, oil, and electric. Since inflation has not set in yet, the main culprit must be the rising cost of energy, fuel for transportation and heating. That is an ominous report. If a person does not have the money to provide the essentials they are not going to increase spending on … (25 comments)
consumer credit: Have the Fed Rate Cuts Helped Your Business?
- 04/30/08 01:41 AM
I know the media really hypes the rate cuts of the Federal Reserve, but have they impacted your real estate business in a positive way? Have the phones started ringing with buyer calls on recent rate cuts? Are you clients getting incredible financing? In the Atlanta area I've not noticed any of this. In fact I think seasonally business is still much lower than it should be for this time of year. I know the Federal Reserve will announce whether or not they will cut the rate...to me, it has become an anti-climatic response. I mean "Who cares?" … (22 comments)
I was watching Lou Dobbs this evening (5/8/2008), and was surprised when he reported that over 15.5 Million Americans are behind on paying their utility bills. That is an incredible amount. That amounts to 15% of all Americans are more than 30 days late in paying their utility bills, natural gas, oil, and electric. Since inflation has not set in yet, the main culprit must be the rising cost of energy, fuel for transportation and heating. That is an ominous report. If a person does not have the money to provide the essentials they are not going to increase spending on … (25 comments)
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