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Business

The Green Collar Economy

Jan 3rd, 2009 | By Richard E. Kelly | Category: Book Reviews, Business, Featured Article

This book presents an excellent first draft vision of what America could and should do to revitalize its standing in the world community. And it matters not whether you believe global warming is a real threat to future generations or a cyclical phenomenon. If you are concerned about the current economic woes, you owe it to yourself to read The Green Collar Economy.



The real gift of Christmas

Dec 23rd, 2008 | By Bob Rogers | Category: Business, Friends and Family, Religion

The Christmas story is an endearing tale, filled with subtle beautiful meaning, no matter your faith, or depth of belief. What a shame it is lost in a blur of shopping.



Who is Peter Schiff and why didn’t we listen to him?

Dec 21st, 2008 | By Craig Bieber | Category: Business, Featured Article, Friends and Family

In 2006, Schiff predicted that we were headed to a recession, and it was probably going to last for several years. His position was laughed at by many experts, including Ben Stein and Arthur Laffer, among others. Who’s laughing now?



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.



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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