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Darish Still posted Predatory Lending and Foreclosure | Jul 30, 2008
Foreclosure has become a serious problem in the US. Every three months 250,000 new families will enter into foreclosure. –Mortgage Bankers Association. Much of this crisis is attributed to the influx of predatory lenders into the subprime mortgage market, a predatory lenders playground. A market...
Chris Devers posted In a world without oil, where would it make sense to live? | Jun 29, 2008
Human societies have always depended on having ready access to cheap, efficient means of transportation. The Egyptians built their kingdoms along the Nile. The Greeks built their civilization among their islands. The Mesopotamians had the Tigris & Euphrates, the Indians had the Ganges, the Chinese...
Alethinos Paradoxos posted The Banks Take Losses on Foreclosed Homes. Good or Bad? | Jun 9, 2008
Reports are starting to flood in today that banks are starting to take the losses and cut the prices they will accept for foreclosed homes. Is this a good thing or a bad thing? For the moment this is a good thing. Well, the housing market is stalled and although the price of homes has fallen, the...
Alethinos Paradoxos posted Our Government: Running Things or Running the Wrong Way | Jun 6, 2008
Our government is caught up in elections, partisan politics, and all other kinds of political blah, blah, blah. The problem is that there are no plans to help American Citizens with the troubles we are having now and our government on all sides is caught up in ridiculous distractions that do...
