As if the recent $8 Trillion in bailouts is not enough to screw over the American people, the Treasury Department has the gall to consider a lobbied plan that would systematically have mortgage rates reduced to 4.5% or lower. ARE THEY INSANE???
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed [...]
The liberal media ALWAYS has an excuse for bad times to try an make it NOT the Democrats fault. This time, they are trying the push the blame on President George W. Bush for not 1, but 2 recessions during his 8 years as president (neither of which actually happened).
Adding to the gloom, the [...]
The Dow Jones Industrial Average (DJIA) plunged yet again today to close at 7,997. This is the lowest level in over 5 years. We’ve seen the start of the correction in the real estate market, and now we are seeing the start of the correction for the stock market (which has been over [...]
This is absolute absurd that the House of Representatives approved this insane legislation AGAINST THE WILL OF THE PEOPLE!
So, if your representative voted yes, now is the time to contact your legislator and tell them to start looking for a new job in November. If they are passing legislation in direct opposition to the [...]
When you read an article like the following where a foreclosed home sold for only $1, you no longer have to wonder why banks are losing money.
In what might be considered a new low for the housing market, a home in Detroit sold for $1.
The home, located at 8111 Traverse Street, close to the Detroit [...]