Wednesday, February 13, 2008

More Dollar problems

The debt delusion : The US economy relies upon asset price inflation and rising indebtedness to fuel growth - and this contradiction has global implications

Third of recent buyers owe more than home's value: report : Of home buyers in 2006, 39 percent of those with a median 10 percent down payment now have negative home equity similar to 30 percent of those who purchased in 2007, said online company Zillow in its quarterly home value report.

Feds announce plan to delay foreclosures: The program was put together by six of the nation's largest financial institutions, which service almost 50 percent of the nation's mortgages.

US car maker reveals record losses : General Motors, the US car manufacturer, has reported a $38.7 billion loss for 2007, the largest ever annual loss for an automotive firm.

Less Jobs More Wars: 100 years of war -- Not a joke: While Clinton and Obama are focused on winning the nomination, we have a job to do.

Even In Crisis Greedy Sellers Won't Drop Prices

The Lies Behind 'Free Trade'


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