The deregulation and free markets myth

Walter E. Williams destroys the liberal's claim that deregulation and free markets caused the financial meltdown: News media people, ... from the Clinton administration to expand mortgage loans among low and moderate income people. … ... my question: What are we to make of congressmen, talking heads and news media people who tell [more...]

Date: 2009-01-15 13:28:18

Blog posts (157) | Videos (103)
 

CNN's State of the Union transcript

CNN’s State of the Union anchor John King traveled today to a manufacturing factory in Bedford Heights, Ohio, to interview President-elect Barack Obama for an exclusive interview before being sworn in as president on Tuesday, Jan. 20. Full Transcript THIS IS A RUSH FDCH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED [more...]

Date: 2009-01-17 02:08:27

Posts about Tri-State Real Estate (FL, GA and AL) as of January 16, 2009

Foreclosures And The Mortgage Meltdown Continues to Plague America - usreoproperties ... either being foreclosed upon or delinquent. The nation … package aiming to thaw the frozen credit ... 01/16/2009 Toyota is developing a miniature, environmentally friendly car that is powered entirely [more...]

Date: 2009-01-16 14:21:19

yolanda: beda kok, tapi tetap krisis bo

Congress OKs release of final $350B of bailout- APCongress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday ... billion. Bank troubles raise fears of growing bailout- AP House Democrats propose $825 billion stimulus ... turned into deja vu in the past few days.# Crescenzi: Another Credit Crunch Coming?"You don’ [more...]

Date: 2009-01-16 03:45:00

Gates of Vienna News Feed 1/5/2009

Read through the official European reactions to Israel’s ground offensive into Gaza: Zapatero, the Vatican, ... Gaza, the Vatican Raises the White FlagItaly Urges Gaza TruceItaly: Verona to Target Home Sex ... in DemonstrationsGush Katif Expulsion Victim Returns ‘Home’ as SoldierHave Israelis Finally Learned the Strategic Value [more...]

Date: 2009-01-06 04:54:00

Heading for a Cash Society

Yay!The banks fail. What's this mean? This means that there will be no credit to buy houses , cars, big screen TV's etc. So, what's that mean? ... . That's right, get creative. And how do they do that? By becoming the lender. But how can I buy a house ... . This is a correction. No matter how bad it gets it is still a correction. The smoke and mirrors of a [more...]

Date: 2009-01-16 14:21:00

I Meant to Do That

I Meant to Do That December 19, 2008 By John Mauldin The Fed has taken interest rates to zero. They have clearly started a program of quantitative easing. What exactly does that mean? Are we all now Japanese? Is the Fed pushing on a string, as Japan has done for almost two decades? [more...]

Date: 2008-12-20 13:29:22

Asia Economic Crisis: Spotlight on Japan, China, Korea, Vietnam

Decoupling, an idea that never made any sense, is talking another beating. Bad news is coming from multiple places in Asia, with Japan and China leading the way. Let's take a look starting with Japan’s Recession Deepens as Factory Output Plummets.Japan’s recession [more...]

Date: 2008-12-27 08:10:00

Lost In A Sea Of Stark, Empty Houses And Vacant Lots

It’s Friday desk clearing time for this blogger. “Record numbers of Sonoma County homeowners are seeing property taxes fall, ... have been a little hard to swallow.’” “Bob DeKeulenaere says junk cars in his neighbor’s yard prevented [more...]

Date: 2009-01-02 17:57:28

Dogs, Buy or adopt?

Buy or Adopt That is the question. If you intend to breed or show your dog there is no alternative but to buy your dog from a reputable ... you, then buying a registered, pedigreed dog is also your best choice. Another alternative for those wanting ... but some of the handsomest dogs I have ever seen were mixed breeds. But, buying a mixed pup is [more...]

Date: 2009-01-16 05:21:16

Risk Aversion Remains but is Waning

Euro gains, then loses, then gains…  Inflation and Commodities…  The euro turns 10!  Risk Aversion remains but is waning… And Now… Today’s Pfennig! ... tell me that I should stop the silliness and just report the news, that the silliness was making me look foolish… Well! If I couldn’t go off on these silly tangents then I wouldn’t write the letter [more...]

Date: 2008-12-30 17:54:44

Using Good Debt to Pay for a House, Car, or Education

Hello again! Cate here, talking, as usual, about debt. The point of my series here at Queercents is to talk about the dangers of getting into debt ... that will produce concrete benefits to your life. The bad kind of credit card debt that I’ve talked about often ... benefit. I’ve had both kinds: Bad Debt: $5,000 credit card debt from living beyond my [more...]

Date: 2009-01-16 02:45:14

The Last Bastion of the U.S. Economy Is In Full Retreat

In previous economic slowdowns, it was always consumer spending that kept the American economy afloat. Millions of Americans continued shopping at malls, buying cars, ordering gadgets through the mail and TV and otherwise putting their wallets and purses on the line. It was always the brave American [more...]

Date: 2009-01-15 19:45:21

Repair your credit at repairyourbadcredit.com

It is no wonder any more that having a credit or loan has become one of the most important requirements in running this life ... bad. If their credit score is bad, we will get difficulties in borrowing some money or loans again ... repair credit of ours. To repair our credit, we can ask repairyourbadcredit.com. [more...]

Date: 2009-01-17 11:51:00

It’s A Wonderful Bailout

I’m not alone in my dislike of It’s A Wonderful Life. Dr. John Fleming, who I had the pleasure of interviewing in my podcast last year (my favorite interview so far, which I transcribed in its entirety - parts one, two and three. The interview’s listed in Wikipedia) [more...]

Date: 2008-12-24 14:12:08

Foreclosed HomeDiscover The Truth About Foreclosed Homes

Foreclosed houses are houses that have been closed by an individual or a group of individuals before another person owns them. Such situations arise when mortgagers either dont bother to take their house back or are unable to release it because of financial adversities [more...]

Date: 2009-01-17 12:15:32

“The State of the Economy: Pain Management or Redemptive Suffering?”

I am not Catholic, ... , how bad is it REALLY? For commercial real estate, here are some facts … from National Retail Online ... vacancy went up 1%, retail up 1% and apartments up 4 bps. Wow, I feel a depression coming on!&lt [more...]

Date: 2008-12-18 19:28:40

There's Always Opportunity in Crisis

by The Mogambo Guru "Here Is An Article For Your Favorite Mining CEO" is the title of an essay by Peter Degraaf writing at FinancialSense.com, spreading the word of Bill Murphy and GATA.org exposing the slimy manipulation of gold by central banks and the International Monetary Fund, [more...]

Date: 2009-01-14 19:26:27

President Bush Doesn’t Care About Black People

Dec. 8, 2008: President George W. Bush kisses one of the children attending the Children’s Holiday Reception and Performance with first lady Laura Bush in the East Room of the White House in Washington, DC. The reception is for children whose parents are serving in the military and cannot be with them for the Christmas holiday [more...]

Date: 2009-01-14 08:47:09

MortgageNewsClips: CA Foreclosure Predicts, FDIC- Show Me the Money, John Burns, Kohn Speech, Finger Length and Testerone, Contra Trend, Jody Shenn, Toro Chart Series, Bottom is Near, 3.5 is Possible, Positive Traction, 3 more, IRA Has 4

   clear explanation and good charts - Mr. Mortgage: Dec CA Foreclosure Report - Defaults up 100% - December CA Mortgage Defaults Up 100 ... and guarantees.  The FDIC issued a letter to more than 5,000 banks it supervises, encouraging them to say [more...]

Date: 2009-01-15 00:56:39

As Sarah Palin whines the Alaska village of Emmonak is dying right before our eyes.

Here is a portion of a letter sent out by Nicholas C. Tucker, Sr., a resident of Emmonak a village of 800 mostly native people in Alaska's southwest ... salmon fishing start-up costs, most of the purchase of new equipment, repair and maintenance, supplies [more...]

Date: 2009-01-14 15:42:00

Anything That Could Go Wrong Did Go Wrong

The Gazette Times reports from Oregon. “After a months-long struggle to move through the city’s planning department and overcome objections by ... of the $27.8 million in cash it owed to clients. The company said its problems are a result of loans [more...]

Date: 2008-12-29 17:24:14

Nothing Down, Nothing Forever

The Missoulian reports from Montana. “Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall [more...]

Date: 2009-01-17 19:20:23

Obama’s Wall Street Buddies

There is no way Wall Street was going to let a new President preside over sweeping changes in the financial industry without making its presence ... relationships. He advised Citigroup on its $6 billion acquisition of Sears’ credit card unit in 2003 [more...]

Date: 2009-01-09 19:53:00

A Stunning Profit Opportunity With Taser International (TASR)

We are in the early stages of a long and deep recession, says Adam Lass. But that doesn’t mean savvy investors can’t make a profit ... that folks could spend twice what they earned forever… credit card companies that figured if they could [more...]

Date: 2009-01-05 14:25:29

Money Hacks Carnival - New Year’s Eve Edition

Welcome to the New Year’s Eve Edition of Money Hacks Carnival ... and interest rates after the offer expires.” Silicon Valley Blogger presents How To Get Free Credit ... and high unemployment, a major international stock market crash, he housing and credit bubbles [more...]

Date: 2008-12-31 12:03:10

Repair your credit at repairyourbadcredit.com

.fullpost{display:inline;}Having a credit or loan is a must now ... history bad, it will make them difficult to apply for other credit in the future and if they want ... . By having a credit or loan, we could fullfill what we want, such as; buying household needs [more...]

Date: 2009-01-15 23:49:00

Words from the (investment) wise 12.28.08

Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008 ... s exuberance), but also still be battling with the implications of the credit crisis for the global economy [more...]

Date: 2008-12-28 12:31:33

Preemption Part Deux

It's Friday.It's a four day weekend. (At least for those of us in the DC area - Tuesday is a holiday due to Inauguration and the traffic jams to ... . 2) The bearings are going bad on the blower motor. He said because of this, the blower motor might [more...]

Date: 2009-01-17 00:08:00

Buying Unfinished Homes Using Bad Credit Home Mortgage And/or Wells Fargo Home Mortgage Foreclosure

Unfinished homes present a great way to save a lot of money and get yourself a new home in the process using the most appropriate interest rates home mortgage. If you buy an unfinished home, you can keep your monthly real estate home mortgage ... to put into an unfinished area and the amount of real estate home mortgage [more...]

Date: 2009-01-16 12:40:33

Missing Something

Today's prompt is from Herb's book of real-life experiences: "A wannabe writer with a self-imposed deadline, ... of that there had been the disturbing phone call from the owner of the house they were buying. It would [more...]

Date: 2009-01-16 11:38:28

Financial Forecast for 2009, Considering Resource Limitations

In this post, I consider some major issues contributing to our current financial problems, before making a financial forecast for 2009. These are 1 ... from the bottom: Layer 1. Household Debt (Mortgages, auto loans, credit card debt, student loans [more...]

Date: 2009-01-06 15:10:32

PS: Tell me I'm not the only bitter one in this crap economy!!!

Oh how i love me some reader mail! This one comes from a fellow budgets lover who just wanted to know that she's not the only crazy out ... of us have one credit card that we keep a maximum of $1000.00 on just to keep our credit looking good [more...]

Date: 2009-01-15 16:04:27

Economic Potpourri December 27, 2008

The barrage of noteworthy economic news continues through the holiday season ... - and credit-constrained than ever before. After a 25-year spending tsunami, they’ve shifted from spending ... from the holiday sales season is that 2008 is almost over. The bad news: The fallout in 2009 could [more...]

Date: 2008-12-27 22:24:00

Hoarders and Destroyers

Just when you thought it was all baked into the cake...whammo! Another pie to the face. Get ready for more pies ... by as much as 30% during the day, before closing down "just" 18%. If this leaves a bad taste in your mouth [more...]

Date: 2009-01-16 03:04:54

Financial Advice And Free Book Offer From Zen Master Leo Babauta

By Will Chen Leo Babauta is the author of of the highly popular Zen Habits blog and the new book The Power of Less: The Fine Art of Limiting Yourself to the Essential. The book was just released yesterday and it is already the bestseller in Amazon's Motivational Books category [more...]

Date: 2009-01-01 13:26:17

BG4: “Sometimes a Great Notion”

“Sometimes I live in the country, sometimes I live in the town.  Sometimes I get a great notion, to jump in the river and drown ... characters coming to grips with the crushing reality of their situation, in ways that range from bad [more...]

Date: 2009-01-17 09:53:20

Credit Repair Information

.fullpost{display:inline;}Do you have a credit? Do you have more than one credit? I believe you do ... , it will make our credit score bad and if the their credit history bad, many lenders will not lend credit or loans anymore to us.So what we should people do if we have bad credit score? Do not worry [more...]

Date: 2009-01-17 07:33:00

DrumBeat: January 7, 2009

Shell seeks Colo. water for oil shale production Shell Oil has filed for the first major water right on the Yampa River in northwest Colorado for ... more than $4 a barrel Wednesday after a government report showed much larger than expected increases [more...]

Date: 2009-01-07 13:57:26

Are You Half Full or Half Empty?

A: Which are you? If you are half full, you are choosing to look at the fact that the fed took on a ZIRP policy for rates, threw in the kitchen sink, and that the treasury just bailed out the automakers with a $13.4Bln bridge loan. The half full ... empty you look at the fact that things are so bad, that the fed had to take on a ZIRP policy [more...]

Date: 2008-12-19 16:01:47

2008-WRAP-UP WITH TRE: TOYGODD

TOYSREVIL talks to The TOYGODD ~ 'nuff said!/// CLICK THRU to read on ... if you dare...TOYSREVIL: Please share with us (lesser mortals) ... a lot of the credit for turning me on to many of these companies. I literally stumbled on your site [more...]

Date: 2009-01-03 00:49:00

The nasty side of human nature

The nasty side of human natureWoolworths: Final thoughts and wrapping up First of all, ... who have spoken to me about Woolworths have blamed the credit crunch and / or the government ... for a while, credit crunch or no credit crunch. No doubt the staggering deterioration in the economy [more...]

Date: 2009-01-14 14:36:48

Acer Aspire One AOA150-1126 8.9-Inch Netbook (1.6 GHz Intel Atom N270 Processor, 1 GB RAM, 160 GB Hard Drive, XP Home, 6 Cell Battery) White

Acer Aspire One AOA150-1126 8.9-Inch Netbook (1.6 GHz Intel Atom N270 Processor, 1 GB RAM, 160 GB Hard Drive, XP Home, 6 Cell Battery) White ... Hard Drive, XP Home, 6 Cell Battery) White From Acer Price: Too low to display & eligible ... weight to the machine. I’ve thought about buying a 3 cell for a spare to use when I know I won’t need [more...]

Date: 2009-01-16 12:32:13

Fiscal Insanity Virus Rapidly Spreading The Globe (Part 2)

This post is a continuation of Dangerous Virus Rapidly Spreading The Globe (Part 1).If you have not yet done so, please read part 1 ... , those in the highest positions of authority, notably Speaker of the House Nancy Pelosi and Finance [more...]

Date: 2008-12-22 18:04:00

WHY WALL STREET ALWAYS BLOWS IT (and where the money went)

Atlantic Article Submitted by multiple readers, I read this as soon as my issue was delivered. It’s true ... all of us are to blame.by Henry Blodget WHY WALL STREET ALWAYS BLOWS ITImage credit: John RitterWell, we did [more...]

Date: 2009-01-14 15:31:41

December 2008 - Net Worth Update and Personal Finance Status

Honestly, I’m starting to regret posting my financial numbers online for all to see ... To Family and Friends Is A Bad Idea - Don’t Give Money To Others That You Wouldn’t Feel Comfortable Giving [more...]

Date: 2008-12-20 02:54:38

Rush Limbaugh's Unannounced DC Trip Has Left, Right In A Frenzy

WHERE'S RUSH? Surprise Visit Has Politicos Scrambling For Answers *** NEW: ... : Charles Krauthammer believes that Barack Obama will own the bad economy within six months, at which point [more...]

Date: 2009-01-14 07:21:23

Obama's daughter: 'Better be good'

Obama's daughter: 'Better be good' The words of the president-elect's daughter speak of a moment in history. Posted January 16, 2009 7:30 PM ... today and secured an interview days before that inauguration. Credit King for eliciting words many [more...]

Date: 2009-01-17 00:30:09

New Year’s Resolution Workshop #2: Spend Less Money

Over the next few days, ... that you need to start getting rid of credit card debt or that you need to start saving money. While ... be able to have that dream house, for example [more...]

Date: 2008-12-27 17:00:03

Helping You Get Out Of Credit Card Debt

Helping You Get Out Of Credit Card Debt January 17th, 2009 Subscribe To Our Feed credit card debt reduction It feels like the walls are closing in when you’re high in credit card debt. The interest rates and late fees can really make [more...]

Date: 2009-01-17 05:58:01

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