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Stagflation: This Time It Is Different

Franklin @ November 18, 2007 # 4 Comments

I just uttered two of the worst things any economist would ever want to see. And they are together, for good measure.

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Banks Drive to Grab Land

Franklin @ October 8, 2007 # 2 Comments

When writing articles about foreclosure, the mantra seems to be “the banks want your money“, they are willing to negotiate and help you keep your home. The pesky reality, however, is pointing in another direction. According to a recent AP article, US July Foreclosures Rates were Up 93% from a year ago. So, if the […]

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Bernanke’s creative solution: Let’s do it again

Franklin @ August 30, 2007 # 8 Comments

According to an AP article dated August 29, Federal Reserve Chairman Ben Bernanke proposed the most creative solution to the foreclosure crisis to date: “Let’s do it all over again.” Of course those are not his words, God forbid a Fed Chairman should speak clearly! Instead, he “suggested that policymakers look for ways to encourage […]

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