xmplary

Our Economic Crisis: The Grand Experiment

We were told many things that were wrong. The politics here seems to be getting as corrupt as those of the 3rd world countries. Just look at the Illinois Governor for an example. Wall Street has become a place for even bigger and bolder scammers as well. If we can't count on the people that are supposed to represent us, who can we trust?

What if the Credit Crunch Is Just a Symptom?

Of course it is a symptom. Its certainly not a cause, unless you are look at it as a reason why lending is slow. Maybe a better title would have been good for an otherwise good article.

Household Wealth Back to Normal?

Household Wealth Back to Normal? Whose? What is normal?

The Real Cost of the 2008 Recession

Whatever bailout we do, dont let it spread to cheese! Italians are bailing out cheese companies... If it spreads to chesse, who knows what, where the cheese will be spread on! xmplary.blogspot.com/2...

Obama Standing at a Fork in the Road: Will He Choose Wisely?

This is the link I mentioned... apparently the anchor tags arent allowed in the comments. failblog.org/2008/12/0.../

Obama Standing at a Fork in the Road: Will He Choose Wisely?

The good news is that 8 years of this kind of stupid decisions are fast coming to an end. Obama shows promise of leadership that we so desperately need. Lets give him the same benefit of the doubt that we have given to our thankfully soon to be ex-president.

Detroit's Failure and the Dollar

The timing of all this is very fishy... first comes the Credit Default Swaps, then the naked shorting, then the high gas prices, and now the patient is all but being put into the coffin. I'm not advocating conspiracy theories, but all these events coming together makes you wander. Is America worth more dead than alive? xmplary.blogspot.com/2...

Housing Solution: Crashing Home Prices or Cheaper Mortgages?

I have even got an e-mail from a lender for rates as low as $4.99% for 30 year Fixed conventional loan. Also been reading up on seeking alpha blogs some talking about rates going to 4.5% Maybe wishful thinking, but this will certainly help buyers sitting on the fence.

Credit Crisis Watch: Are the Markets Still Frozen?

youngolf, I agree. Isnt it funny that those who "engineered" this, being experts in all aspects of money management, missed out on that little thing called human greed? Now everybody is out for a handout too. I wrote about this when the $700 billin deal was announced, so if a simple fool like me an see it, why not the experts? xmplary.blogspot.com/2...

How's the Consumer Doing?

Maybe its time for us to get back in to a manufacturing economy where we actually produce stuff instead of being consumers and servicers to stuff produced every where else. By being consumers, we are only going to become enslaved more and more, and carrying higher loads of debt.

Detroit's Big Three and the Democrats' Economic Illiteracy

Found this good article about the CEO compensation. seekingalpha.com/artic...

Tying Interest Rates to CDS Is a Recipe for Main Street Disaster

Great article. Thanks for writing about this. I've got to add this to my list xmplary.blogspot.com/2...

Too Much Fear-Mongering

Reporting facts and figures is not fear mongering. Twisting the truth is a form of cowardice tinyurl.com/57v5rg

Detroit's Big Three and the Democrats' Economic Illiteracy

I guess it was ok for the Bushonomics to bail out the financials, but the not the workers.

www.thedailyshow.com/v...

Solve the Housing Crisis by Rewarding the Prudent

Throughout this mess, interest rates seems to be holding around 6%. Dropping it down would certainly help as it makes home ownership cheaper... more first time prudent buyers would be willing to take advantage as well.