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The Debt Time Bomb
The U.S. economy is still struggling. And the credit markets are still failing to function – mostly because the roots of the American financial system remain diseased. Thanks to the crisis-deferral tactics of... Where was Rick Santelli & CNBC?
Recently Rick Santelli ranted about Obama's plan to let people re-negotiate mortgages, if they only owned one house. Under the current bankruptcy law you can only re-negotiate your 2nd or 3rd house. Kaywood... The Mortgage Mess Lawsuit: Countrywide and Miles High
As 2008 opened wide, predictions were made by seers of all stripes. Britney and Hillary would triumph/implode. Pakistan would stabilize/explode. The housing market would rebound/erode. Predictions re the latter tended to focus on nuts, bolts, and bailouts. As in-- Bernanke...
created by cvhoffmannstahl | 1 year ago | updated 1 year ago
3515 views | 14 recommendations | 3 comments
3515 views | 14 recommendations | 3 comments
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