Posts Tagged ‘richmond’

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)

Were Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People

Were Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People

This is not a tragedy that discriminates. The race diminished as a result of what is being allowed to transpire will be “human”. ... (Continue reading)

Carpe Domum! Foreclosures destroy Richmond, California.

Carpe Domum!  Foreclosures destroy Richmond, California.

Dear Richmond… You’re being outright threatened by literally ALL THE MONEY IN THE WORLD, and I don’t think there’s any question that they will, if nothing else, attempt to force you to drop the whole thing by tying you up... (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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