1-10 of 15 hubssort by Hot Best Latest
76Arizona Is in Recession
It looks like things are definitely slowing down in AZ. It's not looking too good for the AZ economy right now. The state government has a shortfall of about $1 Billion or so for this year and is now making...
70A Must See Documentary on the Mortgage Meltdown!
This documentary on the U.S. housing bust, by the Australian investigative news show 4 Corners was originally broadcast in Sept. of 2007, and has been right on the money so far! It has interviews with average...
58Home Buyer's Recession Survival Guide - The FHA's Credit Requirements Vs. The Bank's
The FHA operates in its own dimension and has very little in common with the approval process that the conventional banks or other lending institutions implement. There are many factors from which the banks...
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59Guesstimates Won't Cut It Anymore--Gretchen Morgenson in the NYT 10-28-07
Excerpts from Morgenson article; The $30 billion in losses and write-downs taken by big brokerage firms in the third quarter are not likely to be the last. After last week it was no longer plausible to deny...
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52A Very Bright Spot Amidst The Mortgage Meltdown
We're in the worst financial crisis since The Great Depression. Home values continue to drop like a rock. Unemployment continues to rise. Business after business is closing down. U.S. auto makers are...
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55What's Wrong With Capitalism?
In a capitalistic society, the economy is controlled by a free market strategy. This means simply, that prices are controlled by supply and demand, and that profit is made as the market will allow. Businesses...
53So Much More Than A Mom
It is never too late to be what you might have been. ~ George Eliot Do you remember what you wanted to be when you grew up? I really don’t. I can’t remember ever thinking I wanted to be a ballet...
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73Class Warfare
Update: I have included a video from Jim Cramer's Comments. Is Jim Cramer waging a war against the middle class and the small investor, while helping out his friends who short stocks as some have said? I...
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73HONESTLY, HOW BAD DO YOU THINK THE AMERICAN ECONOMY WILL GET BEFORE IT GETS BETTER?
I am not a financial expert. However,there are planetary forces that will turn the economy around by April 15, 2009. This prediction is based on the astrological chart of the United States at the time of...
16 comments68Why interest rate cuts by the Federal Reserve might not stop the housing crash
The Federal Reserve Bank can cut interest rates all they want to prop up the banking system, but it's going to be of limited utility to the real estate market and general economy because banks are so scared...
