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What is actually left in tatters is the Washington policy system By Terence Corcoran A fter two hours locked in a VIP screening room at a Toronto theatre to view Michael Moore’s latest film, Capitalism: A Love Story , I’m feeling pretty good. Generous, even. Advance hype, including copious promotional quotes from Moore himself, has positioned the new Moore epic as a powerful ideological battering ram for the beginning of the overthrow and ultimate destruction of America’s free m

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Random Feed wrote an interesting post today on
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With vacation season ending in the Northern Hemisphere, we’ll start to see analysis rooted in experience and common sense driving stock prices. Through much of the summer, trading has been dominated by “quant” funds that are prone to “garbage in, garbage out” decision systems. You can see it in the tick-by-tick movements and in Level 2 quotes. These quant funds typically use backward-looking data on the U.S. economy to drive trading decisions, rather than assess how the outlook for the global ec

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Random Feed wrote an interesting post today on
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During the height of the real estate market, most borrowers who applied for a mortgage received one. However, in today’s lending environment, consumers should be more cautious about where they apply for a loan and from which Web sites they receive quotes. I’m particularly leery of lenders my buyers find online. Generally speaking, these lenders are located outside of the Bay Area and usually even outside of California. Some of my buyers come to me already pre-qualified with a lender wh

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Random Feed wrote an interesting post today on
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True Cost Calculates Rates and Fees over Expected Years in Home to Help Borrowers Find Most Affordable Home Loan for Them July 23 2009 - Real estate web site Zillow.com (R) today introduces True Cost, a new comparison feature within Zillow Mortgage Marketplace that allows borrowers to shop anonymously across multiple loan programs, compare custom quotes and find the most affordable home loan for them. The True Cost feature calculates up front how much a borrower will pay in interest and fees

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Random Feed wrote an interesting post today on
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As I reluctantly start packing my bags after a most enjoyable two weeks of R&R in Europe (see my posts on Slovenia and Switzerland ), “Words from the Wise” comes to you a bit more cryptically than usual. However, a full dose of excerpts from interesting news items and quotes from market commentators is included. Despite having crisscrossed Heidi’s country, I have yet to find the elusive Swiss gnomes to glean what they make of financial markets at this juncture. Meanwhile, the past week

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