Sunday, July 3, 2011

DailyMarkets.com - The Great Gov’t.-Induced Homeownership Bubble

DailyMarkets.com - The Great Gov’t.-Induced Homeownership Bubble


The Great Gov’t.-Induced Homeownership Bubble

Posted: 03 Jul 2011 08:57 AM PDT

In his latest column, George Will reviews the scalding new book "Reckless Endangerment” by New York Times columnist Gretchen Morgenson and housing finance expert Joshua Rosner.  Here’s an excerpt from George Will:

“The book is another cautionary tale about government's terrifying self-confidence. It is, the authors say, "a story of what happens when Washington decides, in its infinite wisdom, that every living, breathing citizen should own a home."

The 1977 Community … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Futures – Weekly Review: June 27 – July 1

Posted: 03 Jul 2011 07:57 AM PDT

Forex Pros – pros &ndash; Natural gas futures eased off a six-day high on Friday, paring sharp gains made in the previous session, as a moderating weather outlook weighed on demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for delivery in August settled at USD4.316 per million British thermal units by close of trade on Friday, gaining 1.3% over the week.<br /><br />Natural gas futures jumped nearly 1.4% on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Weekly Outlook: July 4 – 8

Posted: 03 Jul 2011 07:50 AM PDT

Forex Pros – pros &ndash; Last week saw the euro rally to a three-week high against the U.S. dollar, posting its first weekly gain in four weeks as concerns over Greece&rsquo;s debt crisis receded and the European Central Bank hinted at a rate hike at its next meeting.<br /><br />EUR/USD hit 1.4101 on Monday, the pair&rsquo;s lowest since June 16; the pair subsequently consolidated at 1.4527 by close of trade on Friday, jumping 2.31% over the week.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Sunday Rant On Flip-Flops And Baby Strollers

Posted: 03 Jul 2011 07:22 AM PDT

Here’s my Sunday rant on two “extreme living” trends:

1. Extreme Flimsy Footwear: Once upon a time, flip-flops were cheap, rubber thongs that you bought at the drug store and only wore in the summer when you went to the beach or washed your car, or maybe wore in the locker room.  Now flip-flops have become almost year-round, everyday footwear that I see everywhere: in airports, shopping malls, downtown DC, on the DC Metro, in restaurants, at ball games, etc.  You’ll even see them at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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