Posts Tagged ‘California’

Our Housing Market’s Recovery is Eminent… Get It?

Our Housing Market’s Recovery is Eminent… Get It?

Despite some very nasty threats of retaliation from Wall Street and Washington, something like two dozen new cities are now reportedly joining the efforts to potentially head off home foreclosures by using eminent domain to seize mortgages and write them... (Continue reading)

Interest Rates Play Havoc with Banks, Bonds and Borrowers

Interest Rates Play Havoc with Banks, Bonds and Borrowers

Long-term interest rates rising means different things to different people, but none of it’s good. Higher long-term rates makes it much more expensive for state and local governments to borrow money, and you can probably guess how that would... (Continue reading)


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