Random Feed wrote an interesting post today on
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As the current crisis continues there has been no part of the economy hit as hard as the residential housing market. Real estate prices in many parts of the United States have taken a tumble and many homeowners are fighting to keep up with monthly mortgage payments. The housing problem problem has become so commonplace that many agencies are offering to support the numerous housing loan borrowers here who might lose their houses. There are two main types of programs designed to assist home own

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wrote an interesting post today on
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This is my interview with Ms. Wooty Sixel , a noted business columnist at Houston Chronicle, as part of a four-person panel in the print edition of Sunday Houston Chronicle 10/25/09. The Quarterly Report Houston business experts cautiously optimistic about holiday retailing, outlook for hiring By L.M. SIXEL HOUSTON CHRONICLE Oct. 24, 2009, 9:23PM Houston’s diverse economy may be the port in the economic storm, but that still doesn’t mean the city will have a better-than-averag

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Random Feed wrote an interesting post today on
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Timothy R. Homan, writing for Bloomberg says GDP Probably Grew as Stimulus Took Hold The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst recession since the 1930s, economists said before reports this week. The world’s largest economy grew at a 3.2 percent pace from July through September after shrinking the previous four quarters, according to the median estimate of 65 economists surveyed by Bloom

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Random Feed wrote an interesting post today on
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“Curtain Call For Inflationary Fun” by Christopher G. Galakoutis “The collapse of 2008 occurred because the US was clearly on an unsustainable path of excessive consumption and speculation, financed by credit. Debts are IOU’s with repayment terms, which means debtors must pay interest to creditors; borrowers therefore are on the hook for the principle as well as the interest, and the whole system falls apart when debtors are unable to pay because they 1) don’t produce anything, or 2) are d

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Random Feed wrote an interesting post today on
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( This guest post originally appeared at the author’s blog ) Central Banks and governments around the world have thrown everything they can muster at the financial crisis. And up until now, it appears as though they have succeeded. Equity markets are up 60%+ around the globe and investors are beginning to party like its 1999 . But a look underneath the hood shows that shiny Cadillac might just be a clunker (don’t worry, the government will take out a loan so you can take out a loan to tu

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