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States with the most homes in foreclosure |
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From Yahoo:
"Five major U.S. banks accused of foreclosure
abuses have agreed to a $26 billion settlement with the government, the
largest payout from banks arising from the financial crisis. The
amount, which will include aid from banks in the form of loan
forgiveness and refinancing, is intended to help homeowners avoid
mortgage default and foreclosure. Most economists believe this is a step in the right direction, albeit only a small one."
To read this story, please visit Yahoo.com
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Oil Rise Imperils Budding Recovery |
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From The Wall Street Journal:
"Rising oil prices are emerging once again as a threat to the U.S. economic recovery just as it appears to be gaining momentum."
To read this story, please visit The Wall Street Journal
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Gas Prices As High As $4.19 In Manhattan |
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From Gas Buddy
Gas Buddy lists 4 gas stations in Manhattan that are charging $4 and more for a gallon of regular gas! Gas Buddy shows 4 stations in Washington DC charging $4 or more for gas, with one station listed as charging $4.99!
To find out more on current gas prices, please visit
GAS BUDDY
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Read more...
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Iran Issues Threat to Oil Buyers in Europe |
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From The New York Times:
"Besieged by international anti-nuclear sanctions over the Iranian nuclear program including a planned oil embargo by Europe, Iran warned its six largest European buyers on Wednesday they risked immediate cutoffs in their Iranian oil imports."
To read this story, please visit The New York Times
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Obama to Throw Gas on Fiscal Fire of Student Loan Debt Crisis |
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By Jeffrey Klein
This morning on the Fox and Friends television news show, anchors Steve Doocy and Brian Kilmead interviewed Secretary of Education, Arne Duncan. The subject was the steep continuous increase of College tuition costs across America.
It was an obvious segue from President Obama's State of the Union Speech, wherein he called for [no specific] action by these institutions to decrease their costs (sic) [pricing], or risk losing federal funding.
Duncan's answers during the interview, and a subsequent review of his bio, reveals that just like his boss, although a Harvard grad (majored in Sociology), he does not have a scintilla of good sense when it comes to applied economics and business.
But, even more dangerous to the fiscal health of our country and it's economic recovery, he is ready to enact Obama's student loan [balance] write-down [forgiveness] idea, which is nothing more than a thinly-veiled "college student vote buying mechanism"--where he would once again use taxpayer dollars like campaign money".
To read this story, please visit The Examiner
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