Economics
I’ve been meaning to write a post concerning “free” goods and services. What happens when the government – or any other group – comes in and offers something for a very low cost or free? I’ve found three events that will show us what happens when you offer stuff for free or at super-low cost,…
Ok … this may very well be the quote of the day. Cavuto interviewing Acorn Housing Director Mike Shay on it’s role in the sub-prime mortgage mess. Shay claims only a few such CRA loans are bad (more on that below) and the ones that did go bad were the result of predatory lenders not homeowners…
Is this not how all of this economic strife started? Connecticut’s Republican governor, M. Jodi Rell, wants local community banks to contribute $1 million each into a lending pool that will provide loans to small business.
Here is how Neil Cavuto kicked off his business show tonight putting today’s 600 plus sell off in perspective and it’s not pretty: The Dow is one of the best leading indicators I know … when its rational. I just can’t determine if this is just plain panic or rational selling, or both. When…
I understand that most car buyers are not purchasing vehicles for an investment, but you have to admit that just because you’re upside down in a borrowing situation does not mean that you are unable – or unwilling – to make the payments. When you took the zero down payment plan and drive your new…