First,today's news: own more than 240 points in their second-biggest drop of the year as troubles piled up for subprime lenders. Investors, bracing for a wilting economy, fled the already... [More]
March 13, 2007
March 19, 2007
The Subprime Scandal
UPDATE: I'm placing this at the top for emphasis. In Detroit's rapidly collapsing housing market, homes are selling for less than new cars: "At least 16 Detroit houses up for... [More]
March 20, 2007
Subprime Follies (Updated)
Re: yesterday's post on the rapidly collapsing subprime mortgage market, Kevin Drum today has more, this time brought to us by the folks at Fortune. Key quote from Kevin: This... [More]
March 21, 2007
Trade Sales Tax Cuts For Cigarette Tax Increases? Not If You Are The Gov. of Mississippi
This is wonderfully stupid: Mississippi Gov. Haley Barbour fought back an effort to make groceries more affordable for state residents because it would also raise the cost of cigarettes, according... [More]
March 23, 2007
More On Mortgages
I swear, I'm really not trying to scare you people. So... Here's a positive spin: As you read this, remember that it was the shift of low and moderate income... [More]
Subscribe to this blog's feed
