Archives by Tag ' credit crisis '
Jan 8, 2008

Strategies for Living in a Failing Economy: Break the Bond of Mortgage and Note While You Deal with Foreclosure and Eviction: Buy time and Make Money Time for States and People to Act Now — Don’t Wait for Federal Government Even while the Bush administration and bell ringers on Wall Street attempt to maintain the […]

Jan 1, 2008

“Fund Frozen, Florida Towns Feel the Pinch” That’s the title of an article in today’s NY Times, excerpted below. What everyone needs to realize is that early and reliable calculations of damage from the credit crisis caused by the mortgage meltdown are now over $45 trillion (yes with a “T”) just domestically in the United […]

Dec 31, 2007

Mortgage Meltdown: Who is to Blame? In a word: everybody. Right now we need to put that aside and get to correcting the problem. Articles are coming fast a furious about “fraud” against the banks. See the latest LA Times articles where Lehman Brothers got stuck with an inflated price and a borrower whose paper […]

Dec 22, 2007

It is time for truth and unfortunately consequences. The numbers are staggering. More than $46 trillion in commerce has been impacted by the astonishing scope of this fraud. The rippling effects are washing over unsuspecting people, towns, states and countries like a tsunami and it just keeps getting bigger.  The lies are now compounded by […]