Housing Crash Update: Can US Dollar Remain World's Currency? There Ain't Gonna Be No Revolution What Do We Get For Our US Tax Dollars? Withdraw Your Consent?
There's A World of Pain Ahead
By Mike Whitney
8 million homeowners are behind on their payments! And, that's not all; mortgage applications dropped 9.6 per cent last week while the Refinance Index (refis) fell 9 per cent in the same period. So, mortgage apps are down even though the Firsttime Homebuyer Tax Credit is still in effect (it ends in two weeks) and, even though this is the "peak season" for home sales. Continue
By Real News
US dollar as world's reserve currency is great if you own a bank; not much good for Main St. Continue
By Joe Bageant
As I see it, there is no "will of the people" mandate. Hell, the people want more cable channels, fried chicken buckets and someone to tell them there really is a free lunch. Continue
By Steven Hill
We like to think of Europeans as poor overtaxed serfs but the benefits they receive show the shortcomings of the US system. Continue
By James Ostrowski
The American people hold the keys to their own jail cells between their ears and can leave the prison of tyranny any time a sufficient number of them choose to be free. Continue
Saturday, 17 April 2010
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