Tuesday, August 26, 2008

More economic issues

UK: Banks 'use credit crunch to milk borrowers of £3bn': Banks were accused of 'milking' nearly £3billion extra cash from homeowners and blaming the credit crunch.

Lone accountant takes on IRS and wins: It took seven years, but Charles Ulrich did something many people dream about, but few succeed at: He beat the IRS in a tax dispute. Not only that, but tax experts say potentially millions of other taxpayers could benefit from his victory.

Auto industry seeks $50B in loans from Congress: Low interest loans would be used to help them modernize the industry's assembly plants and develop next-generation fuel-efficient vehicles.

The big secret in U.S. housing : Taxpayers need answers if billions are to be required in a potential crisis or if Congress and Treasury plan to maintain Fannie and Freddie in their present form. Yet debate in the campaign is negligible.

US $ Supply - Sharpest Contraction In Mod History

FBI/DoJ Saw Mtge Crisis Coming

Rapid Dollar Rise May Endanger US, World Econ

Gold - The Good News And The Bad

Buffett - 'Game Over For Freddie & Fannie

American Real Estate Crash - Slideshow

Gold Reserves More Important Than Ever

No comments: