Friday Follies For June 6

I have some running around to do today, so posts may be sparcer than they have for the first part of the week. I’m thinking about some options to move the blog to a platform that offers some more options, in terms of content and monetization. If you come here via, you won’t miss a thing. At any rate, it’s not going to happen right away!

Today, it’s all about the economy. Unemployment rate is up. Stocks are down. Oil prices are up. It’s just downright depressing. But, the hits just keep on coming.

Banks now facing new real estate financial problems

Subprime loan defaults were bad enough, but now banks are dealing with fire sales to unload hundreds of millions and billions of dollars worth of loans to the real estate construction business. The bubble that Greenspan and the Republicans created has ravaged the system in countless ways that will not just go away. Remember, this is what […]


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