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Housing Bubble News
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a... [more]
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a mature and informed level of social and economic analysis. Contributions emphasizing the macroeconomic effects are especially welcome.
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Colin Campbell, a geologist, former Vice-President of Fina Oil Company and founder of the nowadays respected ASPO .
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3 posted on 10/12/2008 8:44:40 AM PDT by kc8ukw To: Bertram3 I love British humor.
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The Subprime Crisis is a broken promise to Joe "Sixpack". One Day in early 2006, Joe was feeling pretty darned good about himself.
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And McClatchy’s Washington bureau dispels the notion that the Community Reinvestment Act had any major role whatsoever in the subprime crisis. ...
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- The Atlanta Journal-Constitution (news.google.com)
- Atlanta Journal-Constitution - Atlanta Journal Constitution (search.live.com)
- to offer Atlanta Journal-Constitution in area (topix.com)
... were making provisions to cover their exposure in Lehman Brothers although in all, the industry’s exposure to the whole subprime crisis was minuscule. ...
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Federal Reserve Board data show that: _ More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions. _ Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year. _ Only one of the top 25 subprime lenders in...
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From freerepublic.com
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The following is the text of Sen. Obama’s letter to Treasury secretary Henry Paulson and Fed Chairman Ben Bernanke, from 27 March 2007, urging them to take ...
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- Treasury Secretary Henry Paulson looks grim. (rss.topix.net)
- Treasury Secretary Henry Paulson's statement on the bailout plan (dallas.bizjournals.com)
While this has usually been identified as a subprime crisis, it is really a larger problem of bad mortgage debt. Subprime loans are over-represented because ...
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As American finance crumbled in the past year, analysts opened for us a dictionary of disaster. Words such as "subprime mortgages," "credit-default swaps," and "structured investment vehicles" spooled off tongues to describe the crisis and response.
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Except for Nevada, US states with the highest residential foreclosure rates are those that suffered the most failures of savings and loans in the 1980s. ...
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On the October 8 broadcast of his nationally syndicated
radio show, host Neal Boortz baselessly suggested that Rep. Barney Frank
(D-MA), whom he referred to as a "scoundrel," allowed his
relationship in the 1990s with Herb Moses, a Fannie Mae
official at the time, to improperly influence his...
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The University of Iowa Public Policy Center symposium, "The Subprime Housing Crisis: Interdisciplinary Policy Perspectives," brought together scholars and ...
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(Last week, I emailed Filipinos working all over the world to find out how the US global financial crunch is affecting one of the major sources of the ...
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Fresh off the false and politicized attack on Fannie Mae and Freddie Mac, today we’re hearing the know-nothings blame the subprime crisis on the Community Reinvestment Act — a 30-year-old law that was actually weakened by the Bush administration just as the worst lending wave began. This is even...
From freerepublic.com
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- Excellent Video on the Community Reinvestment Act Scam (lewrockwell.com)
- The Community Reinvestment Act Cancer (lewrockwell.com)
Don’t know why I didn’t think of this one before. I mean it works on two levels: the name of the song and the name of the movie from which this version comes. A question: why does the MSM continue to insist on calling it the subprime crisis? I mean, yes, that’s what started it, but does...
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