We can't trust the accounting firms (remember Arthur Anderson and Enron?), we can't trust the investments banks, we can't trust the brokerage houses, we can't trust the rating agencies (remember all the bogus ratings of AAA sub-prime mortgage pools?) and we know we...
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Making Preparations and Taking Action in Today’s Deflationary Environment
Editor’s Note: The following article is adapted from Robert Prechter’s 2002 best-selling book, Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression. In addition to this article, visit Elliott Wave International to download the free 15-page...
Robert Prechter Explains the Price Effects of Inflation and Deflation
Editor’s Note: On Nov. 19, 2008, the U.S. Labor Department reported a 1 percent drop in the consumer price index for October 2008. The drop marked the largest decline in 61 years, and it was the first decline in that measure in nearly a quarter of a century. The 1...
Sample Loan Modification Letter
A TALE OF TWO MARKETS
The Famous Craigslist Gold Digger
THIS APPEARED ON CRAIGSLIST What am I doing wrong? Okay, I'm tired of beating around the bush. I'm a beautiful (spectacularly beautiful) 25 year old girl. I'm articulate and classy. I'm not from New York. I'm looking to get married to a guy who makes at least half a...
Application for the Federal Bail Out Program, 2008-2009
Go East, young man? Californians look for the exit
By MICHAEL R. BLOOD, Associated Press Writer Michael R. Blood, Associated Press Writer LOS ANGELES - Mike Reilly spent his lifetime chasing the California dream. This year he's going to look for it in Colorado. With a house purchase near Denver in the works, the...
Another corporate fraud – Merrill Lynch and PriceWaterhouse at the center
Yet another corporate fraud. Merrill Lynch and PriceWaterhouse are at the center. Seems the Indian contract manufacturer has ‘overstated' earnings and now $1B (small potatoes in today's ongoing frauds) has just vaporized. Who in their right mind would invest in the...
Those In Debt Get All The Perks – What Gets Rewarded….
Lawmakers set new mortgage bankruptcy bill By Patrick Rucker Patrick Rucker Mon Jan 5, 6:53 pm ET WASHINGTON (Reuters) - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats...