Posted on March 4, 2009 by mizgingersnaps
Phoenix Finance Examiner: An economic recovery proposal:
“The only difference between this plan and the current plan is that this one does not benefit large corporations who are lobbying for federal money. Also, the government would be holding good performing mortgage loans on behalf of the taxpayers who are paying for the bailout rather than the [...]
Filed under: Uncategorized | Tagged: corporate watch, credit, debt, depression, economics, mortgages, recession, recovery, stimulus, subprime lending | Leave a Comment »
Posted on February 26, 2009 by mizgingersnaps
America's Emptiest Cities – Forbes.com: “Richmond, Va.’s rental vacancy rate of 23.7% is the worst in America”
“worst” (remember, this article is from Forbes.com) = “highest rental vacancy rate” (which, according to free market theorists, should be good for renters…)So, I wonder, are we seeing a drop in rents? or an increase in homelessness? or something [...]
Filed under: Uncategorized | Tagged: affordability, depression, homelessness, housing, housing crisis, recession, rentals, Richmond VA, vacancy rates | Leave a Comment »
Posted on February 26, 2009 by mizgingersnaps
Renters squeezed by lack of affordable housing – Real estate- msnbc.com: “Shortage of affordable rentals in cities dwarfs issue of rising foreclosures”
The home mortgage crisis has received far more notice, but experts say the ranks of renters with dire housing problems are growing faster than the ranks of defaulting homeowners.
Filed under: Uncategorized | Tagged: affordability, depression, economics, homelessness, housing, recession, shelter | Leave a Comment »
Posted on February 26, 2009 by mizgingersnaps
Housing Affordability at Record High – Economix Blog – NYTimes.com: “Housing Affordability at Record High”
“This chart is crap”, eric
The comments in this entry tell us more about housing affordability than the article does.
Filed under: Uncategorized | Tagged: affordability, charts, depression, economics, housing, recession, shelter, statistics | Leave a Comment »
Posted on February 26, 2009 by mizgingersnaps
William K. Black: The Two Documents Everyone Should Read to Better Understand the Crisis:“The FBI has been warning of an ‘epidemic’ of mortgage fraud since September 2004. It also reports that lenders initiated 80% of these frauds.”
Financial control frauds’ “weapon of choice” is accounting. Control frauds cause greater financial losses than all other forms of [...]
Filed under: Uncategorized | Tagged: depression, economics, recession, debt, fraud, credit, follow the money, bank crisis, white collar crime, mortgages, subprime lending | 1 Comment »
Posted on February 25, 2009 by mizgingersnaps
The Messy Side of Working From Home – Motherlode Blog – NYTimes.com:
“Work during nap time, or play dates, or on wi-fi while watching karate practice. It can be done. Right? RIGHT?”
Filed under: Uncategorized | Tagged: depression, kids, parenting, Preschool, recession, self-employment, unemployment, work at home | Leave a Comment »
Posted on February 24, 2009 by mizgingersnaps
Obama is right to take on the very rich | csmonitor.com:
“In 2006, the 400 highest-income Americans together reported $105 billion in income, an average of $263 million each. Having trouble visualizing that? To pocket $263 million a year, you would have to take home over $60,000 an hour – and work 12 hours a day, [...]
Filed under: Uncategorized | Tagged: deficit, depression, economics, inequality, poverty, priorities, recession, taxes, wealth | Leave a Comment »
Posted on February 23, 2009 by mizgingersnaps
Posted on February 23, 2009 by mizgingersnaps
Posted on February 23, 2009 by mizgingersnaps
Forgive debtors, dole out the penance and move on | David McWilliams: “counter-intuitively, the only way to get liquidity going again is to forgive debt”
Filed under: Uncategorized | Tagged: credit, debt, depression, economics, forgiveness, Ireland, jubilee, recession | Leave a Comment »
