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65Economic Crisis: An Urgent Call for a Citizen Revolt - Part 1
Economic Crisis, Bank Bailout, TARP, Tax Payer Revolt, Tea Party, Taxes, Representation. We the People can Take our money out of the Big Bad Bailout Banks or poorly run Smaller Banks and Put our money into well-run Smaller or Community Banks. Laid Off, Jobs, Bankruptcy, Foreclosure, Finance, Toxic Assets, subprime mortgages, Citizen Revolt, Taxpayer Revolt, Capitalism Glenn Beck, George Washingtion, The 5000 Year Leap, House of Cards, CNBC, David Faber, Investigage.
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84Recession: What is it and How did we get there?
Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research...
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70Subprime Mortgage Crisis Enabled by Alan Greenspan
Yesterday, Ben Bernanke reversed the Fed's position under Greenspan and proposed tighter mortgage lending rules, stating that " Unfair and deceptive acts and practices hurt not just borrowers and their...
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73The Other Side of SubPrime Loans
A wise man by the name Warren Buffet had once remarked “Derivative products are financial weapons of mass destruction”. He was spot on but the so called finance wizards paid no attention to his wisdom. ...
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64The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
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69CROOK ALERT 6--THE FORECLOSURE FACTORY IN THE MORTGAGE SERVICING RACKET 12-06
Harvard Law professor Elizabeth Warren makes the case for credit regulation. http://harvardmagazine.com/2008/05/making-credit-safer.html Mortgage Market Spirals Downward Storm Clouds Over Risky...
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65The Tumble of Post-Industrial Society
The Tumble of Post-Industrial Society By Dmitriy Belyanin The sub-prime mortgage crisis in the United States of America and the beginning of recession in Europe have created doubts about the sustenance...
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62Home Equity Loans and Home Equity Credit Lines
Buying a home offers a number of tax advantages and also means that you are investing in actually owning something. As you begin to pay for a home, you build equity in the home, which you can use to get a home equity loan, but it is important to be careful with this type of credit product...
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56Why the Foreclosure 'Rescue' Bill is Insane
The US Congress is passing a foreclosure rescue bill in a big hurry this week because President Bush announced he would not veto it as he had stated earlier. The bill has been languishing in Congress for...
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55Fannie Mae and Freddie Mac: Now What?
Treasury Secretary Henry M. Paulson announcing bailout plan for Fannie Mae and Freddie MacSenator Chris Dodd was out in front of news cameras on Friday reassuring the American public that, despite the...
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