Tag Archives: financial collapse
Don’t Ask, Don’t Tell!
As the above picture indicates, this is not a blog about gays in the military. “Don’t ask, don’t tell,” seems to be the new slogan at the Department of the Treasury. Of the … Continue reading
Filed under Business
Stop Blaming Poor Blacks for the Mortgage Crisis!
Sign of the times Subprime Suspects The right blames the credit crisis on poor minority homeowners. This is not merely offensive, but entirely wrong. By Daniel Gross Posted Tuesday, Oct. 7, 2008, at … Continue reading
Filed under Politics
Noun, Verb, “Keating Five!”
Excerpted from: http://keatingeconomics.com/ Keating Economics John McCain And The Making Of A Financial Crisis. The current economic crisis demands that we understand John McCain’s attitudes about economic oversight and corporate influence in … Continue reading
Filed under Politics
More on Foreclosure!
Michigan among states leading in new home foreclosures Associated Press WASHINGTON — A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the … Continue reading
Filed under Society
Foreclose This!
There has been a lot of complaining and innuendo in a fairly high percentage of blogs that distort the facts. Most of it has to do with the Community Reinvestment Act (CRA). … Continue reading
Filed under Society
I’m against it after I was for it!
I am trying to stay awake while watching the Senate’s Banking Committee hearings on the Government’s plan to bailout Wall Street. I do definitely not like what I am hearing. I have … Continue reading
A Financial Mess!
Lehman Brothers collapses. Merrill Lynch bought out by Bank of America. Freddie Mac and Fannie Mae have been taken over by the federal government. Bear Stearns has been absorbed by J.P. Morgan. AIG … Continue reading
Filed under Politics
