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Socialist Republic Rewards Rental Property Owners With Mortgages

November 30, 2008 Comments

Socialist Republic by Patrick J. Buchanan
Barack Obama and George W. Bush seem to have come away from their study of the Great Depression with similar conclusions:
To wit: After the Crash of 1929, the Federal Reserve did not move fast enough to save the banks and inject cash into the economy. Second, the New Deal, far [...]

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Recession: When the money goes, so does the toxic wife - UK Telegraph

Comment: This article is an interesting commentary about how the economy is changing marriage / divorce. In all fairness it should be GENDER NEUTRAL as it could happen to either wives or husbands.
Recession: When the money goes, so does the toxic wife
As the recession worsens, a lot of rich men are finding their [...]

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From Trophy Wife to Toxic Wife - UK Weekly Telegraph

Comment: This article is an interesting commentary about how the economy is changing marriage. In all fairness it should be GENDER NEUTRAL and could happen to either wives or husbands.
UK Telegraph 1/16/2007
Decadent stay-at-home wives who take their rich husbands for a ride have finally been rumbled, says Tara Winter Wilson
Once upon a time, [...]

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This is beyond insanity – inflation is coming!

November 25, 2008 Comments

U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit
By Mark Pittman and Bob Ivry
Nov. 24 (Bloomberg) — The U.S. government is prepared to provide more than $7.76 trillion on behalf of American taxpayers after guaranteeing $306 billion of Citigroup Inc. debt yesterday. The pledges, amounting to half the value of everything produced in the [...]

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NO MORE MORTGAGE PAYMENTS SOON - Get Ready to Default!

November 10, 2008 Comments

I told ya this was coming. Did you doubt my prediction? Here’s an addition to my prediction: this thinking will become more and more popular and acceptable under our new administration. Isn’t it time we feel sympathy for the real victims - lenders, tax payers and dollar holders (who will be hurt by [...]

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Columbus, OH

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More Fed Secrecy

Fed Defies Transparency Aim in Refusal to Disclose
By Mark Pittman, Bob Ivry and Alison Fitzgerald
Nov. 10 (Bloomberg) — The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
Fed Chairman Ben S. Bernanke and Treasury Secretary [...]

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Wall Street Won’t Surrender on Bonuses, Veterans Say By Christine Harper

November 5, 2008 Comments

Oct. 30 (Bloomberg) — Wall Street’s chief executives will hunker down and pay bonuses this year in the face of the worst financial crisis since the Great Depression, a taxpayer bailout and mounting political outcry, industry veterans say.
Odds that Wall Street will forgo the payouts are “slim to none,” said John Gutfreund, 79, president of [...]

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