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Link to article: http://seekingalpha.com/article/170669-payments-shocks-boost-alt-a-subprime-rmbs-delinquencies91

We Already Have One World Government

This is the new rule, banks will have more time to establish their capital requirements without having to raise new capital. They will just be zombies longer. It will be interesting to see if they ever lend...

23 comments    finance politics credit
bgamall profile image87

The Fascist Government Will Continue to Screw the Middle Class

Update: Much of what I have written below has come true. America is now deep into debt to the banks, and a few privileged banks are gambling at the casino of swaps and bets like no meltdown occurred. But as...

13 comments    finance education politics
85

Ways the Economy has Changed in America

In case you haven't taken the time to stop and look around things have been changing in your world. The America that you are living in is no longer that of big investment bankers and Wall Street big winners....

11 comments    real estate economy credit cards
AZGuy profile image86

The Specter of An Economic Depression

Over the past year, more and more economists, journalists and finance experts have mentioned or discussed references to the economic depression than at any other time that I can remember. More and more of...

finance real estate economy
bgamall profile image83

Abuse of the Middle Class

Update: Much of what I have written about here has come to pass, increased saving, decreased spending, lower demand for loans and lifestyle changes. This website is an alert to middle class families to...

11 comments    finance money politics
Coalinga, Ca USA earthquake. 1983. 81

Investing Recession Depression

Investing in a recession is quite different than investing in a depression. To be honest, we do not know which way it will be going. Investing in a recession requires an eye toward future recovery. Indeed...

5 comments    finance money politics
bgamall profile image79

Run on Banks

I am truly frustrated that we have not been able to determine who threatened to run the money markets in September 2008, resulting in the Fed injection into the shadow banking system. We know that...

9 comments    finance politics bank
77

Don't bank on it!

I think it's pretty fair to say that most of us are justifiably outraged with the banks and dumbfounded by the incompetence of the majority in the banking industry, individuals that supposedly have sound...

15 comments    life finance credit
JYOTI KOTHARI profile image75

Can India bail out America and rest of the world from economic crisis Part-2

India can bail out America from its present economic and financial crisis. How can it be done? Indian economy is the 6th largest in the world.Its 250 millions middle class population are the most potential customers. Indian people are great investors with a an income/ saving ratio of 35%. Skilled workforces, educational and healthcare institutes of India are world class. Given the oppurtunity it can bailout....economic crisis and financial problems.

20 comments    business finance money
Get ready to see more Home Foreclosure in 2010 73

Obama's Mortgage Relief Plan is a Miserable Failure

Get ready to see more Home Foreclosure in 2010 Once again the Obama Administration has proven their ineptitude for doing anything to curtail the mortgage crisis. Why would I single out Obama? Do I hate...

3 comments    economy mortgage bailout
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