Tuesday, August 24, 2010

Home sales across U.S. drop sharply - Atlanta Business Chronicle

Home sales across U.S. drop sharply - Atlanta Business Chronicle


Thank you Obama and Congress for giving bailouts to the financial industry. When consumers make 70% of the economy, commonsense would dictate that substantial cash in the form of tax refunds and minimum cash influx to each citizen of no less than $5,000 would have quickly stimulated the economy in this country.

Monday, August 23, 2010

Real Estate Boom-Time Won't Be Returning Anytime Soon


They didn't create the mess. That's the lie the right wing has perpetrated. The banks and mortgage companies created the mess with the greed is good mantra. Nobody can borrow unless someone lends. Nobody can get interest only loans unless someone offers it. Nobody can get no document loans, unless someone offers it.



The bankers offered these voodoo loans because they didn't take personal responsibility in ensuring the person was going to pay. They didn't care because they flipped the loan and made money. Those in the stock market made money by shorting the loans. It was a game of chess. The homeowners were merely pawns.
About Financial Crisis
Read the Article at HuffingtonPost

Wednesday, August 11, 2010

Can your boss legally fire me for no reason - Avvo.com

Can your boss legally fire me for no reason - Avvo.com

Unfortunately, employees have to deal with nonsensical middle managers. If an employee doesn't have a perceptive second line supervisor or HR manager who understands that good employees are invaluable, and bad middle managers can ruin a company, honest, hardworking, loyal employees can get the shaft. Of course, in the long run, shareholders are left with a company that isn't maximizing its value.