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Feedback from a reader of JOO

Dec 26th, 2008 | By John Hoyle | Category: Second Opinions

Some days I get dozens of boring, spammy emails, or stupid jokes. I try to run through them and delete everything that I can, reply to what interests me, and ignore the rest.  Every so often I get an email that totally makes my day and leaves me smiling inside and out for hours.
I received [...]



The Great Storm of ‘08

Dec 23rd, 2008 | By John Hoyle | Category: Oregon

Neighbors gathered together or stopped briefly to chat in the middle of the street, constantly being interrupted by the loud cracking sounds of huge limbs falling to their deaths off in the distance.



Fed drops funds rate to near 0%

Dec 16th, 2008 | By John Hoyle | Category: Business, Featured Article

I hate to say “I told you so” over a year ago, but today the Federal Reserve cut its key interest rate to the lowest level on record and pledged to use “all available tools” to combat a severe financial crisis and prolonged recession.



Selling the Senate Seat

Dec 10th, 2008 | By John Hoyle | Category: Featured Article, Politics

We’ve seen many crooked politicians in our lifetimes - ignorant, stupid and greedy politicians serving in almost every government office, both elected and appointed. Some have been exposed for who they were and publicly disgraced. Some were arrested and charged. A few even went to jail. Many continue to hold their government positions in spite of their criminal behavior.
Based on [...]



Will loan modifications save the housing market?

Dec 5th, 2008 | By John Hoyle | Category: Business, Featured Article

Proposed moratoriums just delay foreclosures and don’t really improve the homeowners’ chances to save their properties. Reducing interest rates on home loans, which is a primary element for many plans, can lower monthly payments. If a borrower still owes more than his home is worth, then nothing is really gained and future default is more likely. A 3% interest rate on a $500,000 trust deed still does not make sense if the property is only worth $250,000.



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