Wednesday, November 17, 2010

Who says things are bad?

During economic downturn everyone suffers right? Well most people but certainly not our elected officials! It's a beautiful system eh?

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40233691

Tuesday, November 16, 2010

It's no secret

Nearly 40% of American seniors, our so called baby boomers, are accumulating credit card debt with NO PLANS to pay if off. That's a lot of people with a lot of debt! This means that their estates will have to pay it and that our current economic nightmare is all but guaranteed to get even uglier before any improvement is possible.

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40214649/

Foreclosure mess impact could be severe.

No Kidding!

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40210972

Government auditors acknowledge home prices to keep falling

Duh, they could have asked Ouch! back in October of 2004 and saved us all a lot of time, money and pain!

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40214421http://www.cnbc.com/id/40214421

Friday, October 29, 2010

Ortel: People losing confidence in government

11 minute video you should make the time to watch. Housing, politics, the economy and 2nd grade logic.

Click on the title above or the link below to watch this Bloomberg video.

http://www.bloomberg.com/video/64015526/

Housing prices could fall???

Wow, where have we heard this before??? Great info on future of housing prices in US, another 20% drop? Five more years until a bottom is reached? Has this author been speaking with Kirk???

Click on the title above or the link below to review the entire iMarketNews article.

http://imarketnews.com/node/21306

Banks push to foreclose

New York Times piece on short sales and why banks may choose to foreclose instead.

Click on the title above or the link below to review the entire New York Times article.

http://www.cnbc.com/id/39827922//