Monthly Archives: October 2009

A Kernel of Truth at the Country Store

We went to the Country Store in our town. The people shopping inside were either men with lists or the wives of the men sitting outside on the bench in the sun. The conversation outside went around to the recession being over and the amount of stimulus money spent. It is strange that the men [...]

Subprime Credit Card Math

To those smug individuals asking if I am smarter than a subprime borrower, then I have a subprime math question for you.

Economic crisis still looms as winter looms nearby

This is the quote of the week at Mortgage Blues: “”People have been celebrating that we’re through the financial crisis, but the underlying issues are all still there,” said Dean Baker, co-director of the Center for Economic and Policy Research. “We’ve lost trillions of dollars in housing wealth, and consumption’s going to be weak. It’s [...]