Posted on August 26th, 2008 by Pamela Leavey
A brief note on the economy this morning. The NY Times reports that home prices are continuing to decline:
Home prices fell sharply again in June, according to a closely watched index released on Tuesday, the latest sign of the continuing struggles in the housing market.
The Case Shiller index shows that on “an annual basis, prices [...]
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Filed under: Barack Obama '08, Consumers, Credit Crisis, Democrats, Economic News, Economy, Election '08, Housing, In The News, John McCain '08, N.Y. Times, Obama-Biden 08, Pamela Leavey, Presidential Election, Republicans
Posted on August 25th, 2008 by Stuart O'Neill
Forget any thing you ever hear from Mark Halprin. These overwhelmingly stupid remarks stunned even his fellow panelists. His premise? That the McCain house flap will rebound on Barack Obama and create serious damage. Please watch. [H/t to TPM for the original catch and Dkos for posting it on the front page.]
http://www.youtube.com/watch?v=jO2dScuNnDI
That was very nearly [...]
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Filed under: ABC News, Bloggers, Consumers, DKos, Economy, Election '08, General Election, Housing, In The Blogosphere, In The News, John McCain '08, Obama-Biden 08, Political News, Politics, Presidential Election, Pundits, Stuart O'Neill, YouTube
Posted on August 21st, 2008 by Pamela Leavey
Obama is finally taking the gloves off:
It’s “crunch time,” Barack Obama tells Karen Tumulty.
Indeed. There are signs that Obama has taken his gloves off and locked them in a cabinet somewhere, maybe in Hawaii.
The Obama campaign is officially sanctioning an attack on John McCain’s wealth and lifestyle — the first time they’ve been willing to [...]
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Filed under: Barack Obama '08, Bush Admin, Democrats, Election '08, General Election, George W. Bush, Housing, In The News, John McCain '08, Pamela Leavey, Political News, Politics, Presidential Election, Republicans
Posted on August 8th, 2008 by Darrell Prows
Are covered bonds the next fiasco?
“The U.S. Treasury Department is continuing to consider ways to resuscitate weak homebuying activity, Treasury Secretary Henry Paulson said Tuesday, highlighting the potential of covered bonds as a “promising” solution.”
“Covered bonds are securities created from either mortgage loans or public sector loans and make up one of the oldest and [...]
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Filed under: Bush Admin, BushCo, Corporatism, Credit Crisis, Darrell Prows, Economic News, Economy, Housing
Posted on August 4th, 2008 by Pamela Leavey
The NY Times reports today that although the “first wave of Americans to default on their home mortgages appears to be cresting,” a second, far larger group of potential loan defaults is looming, because now, even “homeowners with good credit are falling behind on their payments in growing numbers.”
The percentage of mortgages in arrears in the category of loans one [...]
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Filed under: Barack Obama '08, Consumers, Credit Crisis, Democrats, Economic News, Economy, Editorial, Election '08, Gas Prices, Housing, In The News, John McCain '08, N.Y. Times, Opinions, Pamela Leavey, Political News, Politics, Presidential Election, Republicans
Posted on July 28th, 2008 by Pamela Leavey
Now that Barack Obama is back in the U.S., after his whirlwind trip to the Middle East and Europe, he’s ready to start focusing on the “top issue for American voters — the faltering U.S. economy.”
That’s welcome news, because every one I speak to from friends to business associates are all concerned with economic issues. As [...]
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Filed under: Barack Obama '08, Bill Clinton, Bush Admin, Congress, Consumers, Democrats, Economic News, Economy, Election '08, Gas Prices, General Election, House of Reps, Housing, In The News, International, John McCain '08, Pamela Leavey, Political News, Politics, Polls, Presidential Election, Republicans, Senate
Posted on May 27th, 2008 by Pamela Leavey
Here in California we have a proposition coming up on the ballot next Tuesday that must be defeated – Prop 98:
http://www.youtube.com/watch?v=SqANQQQno3g
Here’s more on the deceptive that proposition that will hurt folks like me, long time renters in rent control buildings:
Sphere: Related Content
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Filed under: California, Housing, In The News, Pamela Leavey
