Tag Archives: economic recovery

Recession to America – Let’s Do It One More Time

Just when you think it may be a good time to start spending money again, here come the economists and tell you we are just getting started. It seems the the recession is taking a “Double Dip” and we are in for one hell of a ride. Buried amidst the increasingly gloomy economic news of [...]

Comments Off Continue Reading →

Thomas Hoenig Says That Keeping Rates Low Is Dangerous

Thomas Hoenig Says That Keeping Rates Low Is Dangerous Despite a still sagging economy that is riddled with millions of the unemployed and a continuing onslaught of foreclosures looming ahead, Thomas Hoenig of the Federal Reserve insists that keeping interest rates so low in not what will help us in the long run and in [...]

Comments Off Continue Reading →

Sensationalism and the Housing Bubble

This makes me mad every time I see it.  Either the National Association of Business Economists is full of people with no real business experience or fools. This is a headline from a major online Real Estate publication, “Economists See Credit Problems as Bigger Threat than Terrorism.” 

Comments Off Continue Reading →

Beware The Racist Realtor

National Fair Housing Alliance & HUD Investigations Confirm Discrimination! Where’s the outcry from the National Association of Realtors? On July 18, 2008, the U.S. Department of Justice filed a federal lawsuit against the real estate brokerage doing business as Re/Max East-West alleging discrimination on the basis of race and national origin in violation of the [...]

4 Comments Continue Reading →

First Time Homebuyer Tax Credit

  One of the provisions of the new Housing and Economic Recovery Act of 2008, signed into law by President Bush on July 30, 2008 provides a First Time Home Buyer Tax Credit.

4 Comments Continue Reading →