DailyMarkets.com - Household Debts Ratio Are Lowest Since 1990s

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Household Debts Ratio Are Lowest Since 1990s Posted: 24 Sep 2011 09:28 AM PDT The chart above is an update of previous CD posts (most recent one here), showing the ongoing de-leveraging of U.S. households based on new data released yesterday by the Federal Reserve. In the second quarter of 2011, household debt service for required payments on outstanding mortgage and consumer debt as a share of disposable personal income fell to 11.09%, the lowest ratio since the fourth quarter of 1994; and the ratio for all household financial obligations (adds automobile lease … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Happy Birthday Ray Charles: September 23 Posted: 24 Sep 2011 07:48 AM PDT Ray Charles (1930-2004) was born 80 years ago yesterday on September 23, 1930. In the video above, Ray performs “Drown in My Own Tears” with full orchestra and the Raylettes at the Newport Jazz Festival in 1960 when he was 29 years old. From the comments at YouTube: “Nobody can sing the Blues slower than the Genius. He wipes you out emotionally.” “Around the 3:30 mark…. it occured to me that this was the heaviest thing to ever go down in the history of mankind. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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