I used to have a Google AdSense "ad" here but the AdSense people at Google kept sending out homosexual oriented garbage so I deleted it. The jerks."

Thursday, December 28, 2006

For Sale - not selling

Developers have pulled the plug on some of Miami's most anticipated condominium developments, a sign the city's sizzling, speculator-driven condo market -- where prices of many apartments doubled or tripled in a few brief years -- has finally chilled. Click HERE for the FULL Story

U.A.E. is Dumping U.S. Currency

Another country dumps the US dollar... The dollar dropped the most in a week against the euro as the United Arab Emirates said it will convert some of its reserves of U.S. assets into the European currency. Click HERE for the FULL Story.

Euro notes cash in to overtake dollar

Click HERE for the FULL Article


The US dollar bill’s standing as the world’s favourite form of cash is being usurped by the five-year-old euro.

Wednesday, December 20, 2006

Foreclosures UP record levels

A new Center for Responsible Lending (CRL) study reveals that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market. Titled, "Losing Ground: Foreclosures in the Subprime Market and Their Cost to Homeowners," the CRL study is the first comprehensive, nationwide review of millions of subprime mortgages originated from 1998 through the third quarter of 2006.

Click HERE for the FULL Story

Thursday, December 14, 2006

Business Week Article - Coins being melted

Given rising metal prices, the pennies and nickels in your pocket are worth more melted down than their face value -- and that has the government worried.

Click HERE for the FULL Story

True deficit:: 3.5 Trillion!!

A report scheduled to be released by the Treasury Department tomorrow is expected to show the true deficit in the Bush administration's 2006 federal budget to be an astounding $3.5 trillion in the red, not $248.2 billion as previously reported.

Click HERE for the FULL Story

Wednesday, December 13, 2006

M3 Money Supply

Reconstructed M3 is available here: CLICK HERE

Wednesday, December 06, 2006

Georgia foreclosures jump 99%

Click HERE for the STORY