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Category Archives: Economy

Yes, you built it…

04-Sep-12

…with some help. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Who inherits your iTunes library?

02-Sep-12

Right now, no one. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Christie to Buffett: Just write a check

22-Feb-12

Yep. For all his talk, if Mr Buffet really cared about the deficit or tax rate, he could just cut a check. Buffett is largely regarded as a prophet of finance; don’t buy the hype. Many of his moves make money by virtue of the money he already has.   Bookmark on DeliciousDigg this postRecommend […]

Second and third order effects…

29-Jan-12

 The accident off the Italian coast is manifesting second and third order effects that will impact the area for several years. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Small victory for the public in foreclosure mess?

29-Jan-12

 Maybe.  As Taibbi writes, it’ll depend on the actual wording of the settlement.  I’m less optimistic than he is about it.  I’m also curious where the money from said settlement would go? To the people who were affected by this perjury? Or to the State, for their use (ostensibly) in preventing and/or perusing offenders? Bookmark […]

3 lies about deficits

08-Jan-12

I don’t agree with the characterization of home ownership subsidies as “cruel.”  It comes across as an odd, emotive label in what the author otherwise attempts to rationally discuss.  I also don’t agree that private capital necessarily helps the impoverished shoemaker.  It will only do so if it benefits the same capital. Bookmark on DeliciousDigg […]

Strategic defaults on the rise…

13-Oct-11

…cross posted from NegativeCreditLine. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Housing Doom: Low interest rates no help to underwater homeowners

23-Sep-11

What’s surprising about this being news is that it’s news.  When we went through our personal housing crisis over two years ago, this was readily apparent.  Even when our 2nd mortgage sold it to another company at a discount, the 2nd company refused to even consider lowering our interest rate.  Their loss, in the end. […]

Short sales and credit scores

20-Jul-11

Broken Credit has a new question up about short sales and credit scores. Paul answers the question as I would. Also, from personal experience I can tell you that “my” score (actually FICO’s score on me) suffered a 100 point loss in the end. More to the point of the question, IMHO I don’t believe […]

Vegas housing market a fairy tale

26-Jun-11

The Vegas housing market is a fairy tale. The sales you see now are a matter of “belief” in spite of facts. If you buy, do so knowing you’ll see negative or no appreciation for 3 to 5 years; 2-3% appreciation at that point won’t even cover the initial closing costs. Bookmark on DeliciousDigg this […]