Wednesday 4th December
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Interest Rates Play Havoc with Banks, Bonds and Borrowers
Written on 1 Aug, 2013 at 8:50
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)
$1 TRILLION U.S. COIN – POSITIVELY BRILLIANT!
Written on 12 Jan, 2013 at 6:17
Either we could sell the space to the highest bidder... I bet McDonald's would pay a pretty penny, no pun intended, to put "Ronald the Clown" on the new coin for example. Or, how about we engrave it to commemorate... (Continue reading)
Ice, Ice Baby – Iceland’s people give cold shoulder to paying for acts of reckless bankers.
Written on 21 Feb, 2011 at 8:21
Now, the British and Dutch governments want their money back, but Iceland's people are saying, well... no, not to put too fine a point on it. You might even say that the Icelanders are saying: "Hell no!" ... (Continue reading)
Care to Guess How Many NEW Homes Sold Over $750,000 in June and July?
Written on 29 Aug, 2010 at 0:50
The biggest question I have about the real estate market is... why are we all pretending that there's a real estate market at all. There's no real estate market in this country, hasn't been one since July 10, 2007,... (Continue reading)
Banks Lobbying, Financial Reforms & Who’s Recovering?
Written on 16 May, 2010 at 18:07
Like the flying monkeys from the Wizard of Oz, they've been summoned by the bankers to our nation's capital; flying in from around the country until they hit the steps of the U.S. Capital building... when they're transformed into lobbyists... (Continue reading)