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www. miamiherald.com: Fed wants to strip a key protection for homeowners
"At the depths of the worst foreclosure crisis since the Great Depression, we are surprised that the Fed has proposed rules that would eviscerate the primary protection homeowners currently have to escape abusive loans and avoid foreclosure: the extended right of rescission."
Fed wants homeowners to repay original mortgage before any refinancing is possible.
Read more: http://www.miamiherald.com/2010/12/05/v-fullstory/1958249_fed-wants-to-strip-a-key-protection.html#storylink=addthis#ixzz17G7dJgMW
News Topics » Global Economy |
Posted on
December 05, 2010
~David-Survive In Place~ : Last Week's Partial Banking Collapse
I'll also tell you about 8 critical systems that you depend on every day
that suffer from the exact same problem and simple ways that you can
prepare yourself and your loved ones.
News Topics » Energy |
Posted on
December 04, 2010
Reuters: Reuters: Gold headed for $1650.00
The consultancy forecasts silver prices to average around $30 an ounce in 2011, peaking at $35, he said, while gold would peak at around $1,600 to $1,650 per ounce, and average $1,400.
News Topics » Global Economy |
Posted on
December 04, 2010
The Daily Telegraph: Spain to declare State of Alert over air traffic control strikes
Spain is due to declare a State of Alert at an emergency cabinet meeting called for 9am Saturday in the wake of a lightening walkout by Spanish air traffic controllers at 5pm on Friday which has since paralysed Spanish air space.
News Topics » Politics & Government |
Posted on
December 04, 2010
Yes! Magazine: 7 Ways to Transform Banking
Author Fran Korten outlines 7 ways to deny business to the parasitical large banks that have ruined the world economy and funnel business to locally owned and operated banks.
News Topics » Global Economy |
Posted on
December 03, 2010
CSPAN2: Sen Bernie Sanders Amazing Speech!
If I could see a Ron Paul/Bernie Sanders ticket... with people in the streets (carrying signs) I might get excited. -- MCR
News Topics » Politics & Government |
Posted on
December 03, 2010
Washington Post: Constitutional provision jeopardizes sweeping food safety bill
The Food Safety Modernization Act may be derailed this session because of a constitutional provision giving the House authority for enacting new taxes and not the Senate. Certain provisions of S510 could be construed as taxes. If they are found to constitute new taxes (by the House Ways and Means Committee) the Senate vote -- and the law -- are null and void.
News Topics » Politics & Government |
Posted on
December 02, 2010
Yahoo: 7 Towns Where Land is Free
"The Homestead Act of 1862 is no longer in effect, but free land is still available out there in the great wide open."
News Topics » Environment & Disasters |
Posted on
December 02, 2010
NBC LosAngeles: LA County's Library System May Check Out
The Los Angeles County Public Library system is facing tough financial straits in the next ten years and will either need to raise more funds through a special tax or reduce services to the community, according to a new report given to the Board of Supervisors.
The Library Commission Report given to the Supervisors on Tuesday details how the library system has been hit hard during the recession.
News Topics » Global Economy |
Posted on
December 01, 2010
reuters: Could Britain's gas stocks run out this winter?
The British gas market could be caught short this winter as an early cold snap sees suppliers tapping into storage a month earlier than last year, eating into stocks needed for when demand usually peaks early in the year.
News Topics » Energy |
Posted on
December 01, 2010
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