This week immediately after signing the death knell "stimulus" spending package in Denver, Mr. Obama made an overnight stop in my former state of Arizona, the state I left now almost two years ago after being one of the early victims of the housing and mortgage crisis, and also after having been the victim of […]
Why We are Coming Out of This Recession Even in the Stink of It
I have never had a Bank of America account. But given the 80 percent stock price decline Bank of America has experienced since the rushed announcement of the Merrill Lynch acquisition – inclusive of the $20 billion the U.S. government threw them to stay solvent in the face of the blemish Merrill Lynch has come […]
Bears Being Gored by Bulls on Wall Street
During the noon hour in trading on Wall Street on Monday, March 24th, the Dow Jones industrial average reached gains of over 245 points, about 2%, as investors continued to be encouraged by financial market help from the Federal Reserve as well as Fed overnight lending rate cuts that seek to lower national lending rates […]
Sell Your Home Online
Pure and simple: websites sell homes With the mortgage fiasco and the downturn in home sales, it’s necessary to use all the available tools at your disposal to sell your home. Websites can be built quite easily and for a very small investment. All you really need is a little time and be willing to […]
RAH RAH RAH is not the usual cheering chant
Have you been watching games of the PBA (Philippine Basketball Association) on the cable tv lately? I have. I have known a long time ago that basketball is the acknowledged national diversion of many Filipinos, and today the PBA is the biggest sporting event in the Philippines in terms of the number of viewers who […]
Are Big M&A Deals overvalued or Did Home Depot Take A Kidney Punch
Wall Street slumped Monday after the National Association of Realtors reported that inventories of unsold homes were at a 16-year high, up 5.6 percent amounting to a 9.6 month-supply. Those figures contradict somewhat better figures released last week about new home sales and durable goods orders, suggesting that the economy might be able to weather […]