Blogroll Me!
Well, I say old, but not THAT old. Everything's relative isn't it? I mean .. in Methuzala's league .. I'm definitely NOT!
Labels: America, banking, economics, G.W. Bush, humour, United States, world's worst
posted by Richard at Friday, October 10, 2008
Mortgage forgiven for woman, 90, who shot herselfRead the rest of the heartbreaking report right here.
AKRON, Ohio - Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her.
Addie Polk's plight was cited by Rep. Dennis Kucinich, D-Ohio, on Friday before the House voted to approve the $700 billion financial rescue package. Kucinich voted against the plan.
Fannie Mae announced later Friday that it would dismiss its foreclosure action, forgive Polk's mortgage
(snip)
Countrywide Home Loans [who, some swear, positively sucks] filed for foreclosure last year, and Polk's home was sold to Fannie Mae at a sheriff's auction in June
Labels: Addie Polk, America, banking, corruption, Country Wide Home Loans, crooks and liars, Dennis Kucinich, economics, Fannie Mae, loan sharks, United States
posted by Richard at Monday, October 06, 2008
Labels: banking, corruption, crooks and liars, economics, finance, recession
posted by Richard at Wednesday, October 01, 2008
Pope may find US on his wavelengthRead the rest of the Beeb's report and see what you think yourself.
Labels: America, banking, crooks and liars, George W. Bush, Gordon Brown, Pope, US
posted by Richard at Wednesday, April 16, 2008
Now the taxman can bug your home and phone calls to catch payment dodgersAnd here's how the story continued.
Tax inspectors have been given wideranging new powers to bug people's homes and private phone calls.But, hey. Stop sweating and please don't panic - since the same startling story soon went on to say ...
They also have the go-ahead to intercept emails and plant listening devices in suspects' cars and offices.
The move is the latest expansion of surveillance powers which, until recently, were only available to the police and intelligence services.
A spokesman said: "These powers will not be used in routine cases ...Aha, we see. That's different then. Now we understand. In Brown's post Blair Britain now every thing's really okay. Freedom still holds sway.
Labels: banking, big brother Britain, Britain, freedom, Government Reform, spying
posted by Richard at Sunday, February 24, 2008
Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a "perfect storm" for consumers as the housing slump spreads.See today's scary story in full.
In a report "Recession Coming" released today, the bank's US team said the credit crunch had started to inflict serious damage on US companies
(snip)
Like Goldman Sachs, and Lehman Brothers, the bank no longer believes Asia and Europe will come to the rescue as America slows.
(snip)
Morgan Stanley is the first major Wall Street bank to warn that it is may now be too late to stop a recession, though most have shifted to an ultra-cautious stance in recent weeks.
The bank at first treated the August crunch as a "mid-cycle correction", much like the financial storm after Russia's default in 1998. But the collapse of the US commercial paper market has now continued for seventeen weeks, suggesting a "fundamental deleveraging of the banking system."
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(Cross posted at Appletree)Labels: America, banking, Europe, recession, United States, Wall Street Journal
posted by Richard at Tuesday, December 11, 2007
