But it could do more, say local experts
By AUBREY COHEN
P-I REPORTER
The Obama administration's new mortgage plan should help many troubled homeowners in the Seattle area, although it could do more, according to local experts.
"I see a lot to...
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Obama mortgage plan should rescue many Seattle homes
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Obama Declares War on Investors, Entrepreneurs, Businesses, And More
Source: http://www.cnbc.com/id/29434104
Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.
He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.... -
Obama's economic kick-start will quadruple US debt
WASHINGTON - The US federal deficit is set to quadruple this year to a breathtaking 12.3 per cent of gross domestic product under Barack Obama's first budget - designed simultaneously to haul the country out of the crippling recession and serve as a springboard for the biggest overhaul of the national... -
Barrack Obama suggesting nationilisation of banks ?
From: http://www.youtube.com/watch?v=mTJKax72uVY
"Experts' tip: Now's the time to buy a house" - add your opinion here...
Cheers
MarcLast edited by Marc; 26-02-2009, 08:39 AM. -
Housing Bill Would Let Judges Erase Mortgage Debt
Source: http://www.cnbc.com/id/29389477
The U.S. House is expected to approve legislation Thursday that would let federal judges erase mortgage debt for homeowners who enter bankruptcy.
The bill will dovetail with President Barack Obama's housing market recovery plan announced... -
Mr. Obama: Not All Real Estate Investors Are Irresponsible
Source: http://www.cnbc.com/id/29279841
I’d like to know when exactly, on what day in particular as the housing market crashed down around us, that everyone decided the real estate investor was the villain?
In the big game of blame, the pundits and the politicians all...Last edited by Marc; 20-02-2009, 05:02 PM. -
US May Start Subsidizing Some Mortgage Payments
By: Reuters | 12 Feb 2009 | 05:56 PM ET
The Obama administration is hammering out a program to subsidize mortgages in a new front to fight the credit crisis, sources familiar with the plan told Reuters Thursday, firing financial markets.
In a major break from existing aid... -
Stimulus will lead to 'disaster,' Republican warns
WASHINGTON (CNN) -- Leading Republicans warned Sunday that the Obama administration's $800 billion-plus economic stimulus effort will lead to what one called a "financial disaster."
"Everybody on the street in America understands that," said Sen. Richard Shelby, the... -
Warren Buffett: Barack Obama Will Help the Economy, But...
Warren Buffett: Barack Obama Will Help the Economy, But Don't Expect Short-Term Miracles
Warren Buffett says "you couldn't have anybody better in charge" for the economy than Barack Obama, but warns "it's going to take time" before things get better.
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Senate Schedules Vote Wednesday on Bailout Bill