Archive for the 'Economy' Category
“Option” Mortgages to Explode
September 18th, 2009Via: Reuters: The federal government and states are girding themselves for the next foreclosure crisis in the country’s housing downturn: payment option adjustable rate mortgages that are beginning to reset. “Payment option ARMs are about to explode,” Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama’s administration to […]
U.S. About to Hit Debt Ceiling – Again
September 17th, 2009Via: CNN: Congress has raised the debt ceiling four times in the past two years and will probably have to do it again in the next month. With the government borrowing record amounts of money, the nation’s current debt ceiling of $12.1 trillion will be pierced soon. That ceiling is the cap on how much […]
60 Minutes: Cold Fusion Is Hot Again
September 16th, 2009Watch CBS Videos Online
Unmanned Systems North America 2008
September 16th, 2009Research Credit: Pookie
GOLD NEXT LEG UP: CLOSING IN ON MAJOR OVERHEAD RESISTANCE AT $1032
September 16th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. $1019.20.
Oilsands Emit More Greenhouse Gas Emissions Than Some European Countries
September 15th, 2009Just wait until they hook up a few nuclear power plants to that apocalypse. Welcome to Alberta: “The worst of all worlds.” Via: CBC: Alberta’s oilsands produce more greenhouse gas emissions than some European countries right now and will produce more than all of the world’s volcanoes in just 11 years if the pace of […]
What Is American Police Force?
September 14th, 2009Update 10: Hilton Wrote a Check to Hardin Bed and Breakfast That Bounced Via: Missoulian: In announcing the suspension of a state investigation into American Police Force on Tuesday, state Attorney General Steve Bullock said he was “unaware of any Montanans who have been harmed financially by this company.” Meet Marcianna Smith. She is the […]
The Ghost Fleet of the Recession
September 14th, 2009It’s the Daily Mail, but this somewhat interesting anyway. Right off the bat, however, there’s a serious howler that I’ve got to clear up before I post a link to this: “The biggest and most secretive gathering of ships in maritime history…” Maybe the author of the piece below isn’t aware of what happened during […]
Wells Fargo Executive Squats in Home of Madoff-Duped Couple
September 14th, 2009UPDATE: Fired: Moving to contain a public relations mess, Wells Fargo & Co. fired a top executive accused of using a bank-owned Malibu beach house to entertain her family and friends. Cheronda Guyton, a senior vice president responsible for commercial foreclosed properties, broke company rules barring personal use of bank property, Wells Fargo said in […]
Philadelphia’s Libraries Scheduled to Close Starting October 2 Due to Budget Deadlock
September 14th, 2009I honestly thought that this story wasn’t real at first, but it’s real. All Free Library of Philadelphia Branch, Regional and Central Libraries Closed Effective Close of Business October 2, 2009 Via: Los Angeles Times: In a dramatic move, the Philadelphia Free Library System announced today that it will close all branch, regional and central […]
