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  • Is the U.S. Banking System Safe?
    Excellent article. While I know all home values are or will be impacted by credit crunch, escalating foreclosures and the increase in interest rates that will surely occur, is there a way to estimate the potential impact in various areas. Many areas experienced explosive price increases while other areas appreciated more modestly, yet most of the charts I see re. the change in home values are on a national level. I live in the Raleigh NC area, and would like to see trending data / charts that are more regional, especially re. any estimated percent decline. Is there a place to find such information. Thanks.
    Aug 03 16:11 pm |Rating: 0 0 |Link to Comment |View article
  • Under The Radar News - Tuesday
    Re. "Plastic stocks meltdown?", not sure I'd consider plastic stocks a bad bet. I mean, we've bailed out investment banks that made bad decisions, shifted billions of bad debt to the fed, given tax breaks to builder that drove up housing prices, are about to use government backed companies to bail home owners that made bad decisions, all on the backs of the taxpayer and to the detriment of our retirement plans by erosion of the dollar. Surely, with some creative thinking, the government can figure out a way to tranfer this bad debt to the taxpayer as well, giving card holders the ability to charge up more debt using the same "it's good for the economy" philosophy. At these prices, looks like a buy opportunity.
    May 20 20:05 pm |Rating: 0 0 |Link to Comment |View article

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