Thanks to everyone who responded to my informal poll about "Bail-out Or No Bail-Out ( Read more... )

 
Financials Bail-Out Or No Bail-Out?

Yes or No? Why?

If Yes, under what conditions? The Bush Administration/Secretary Paulson's? Richard Reich's? Bernie Sanders'? Barack Obama's? John McCain's?

If No, under what conditions might you accept?
 

 
Your Last Lecture inspired me.

Your time management lecture also helped greatly.

But most of all, your enduring humanity, humour and wisdom will be greatly missed.

Randy Pausch, October 23, 1960 to July 25, 2008.
 

 
Remember a while back I posted about the government's plan to increase the amount FHA would loan, so that those with "low income" could afford houses in the $700,000 range?

Well, a few months back, the government (specifically the OFHEO - Office of Federal Housing Enterprise Oversight), loosened the reserve requirements of Fannie Mae and ( Read more... )

IndyMac Bank failed and the government has taken over ( Read more... )

 
Just more than two weeks ago, I remarked on the Dow dropping below 12,000 ( Read more... )

 
Man, you were the best.

About life or current events, you often said it better than anyone could.

http://www.youtube.com/watch?v=h67k9eEw9AY

"Bullshit! I'm getting old. And it's okay. Because thanks to our fear of death in this country, I won't have to die... I'll pass ( Read more... )

 
One part I don't agree with Obama on is some of the pending housing legislation in Congress.

Some BackgroundThe Federal Housing Administration (FHA) lost $4.6 billion dollars last year. That's because the federal government guarantees home loans for low-income families, and low-income families are more likely to be delinquent on their loans ( Read more... )

 
The less processed the food, the betterWater-soluble vitamins B, C, and polyphenolics often gets drastically reduced by cooking. Studies show that after six months, frozen cherries have lost as much as 50 percent of their antioxidant anthocyanins. Cooked spinach has only a third of the vitamin C of fresh spinach. Canned peas and carrots have only ( Read more... )

Fannie Mae just announced a $2.2 billion first quarter loss. And because of that, now they want to try to raise $6 billion by selling shares of stock ( Read more... )