Principal Reduction is the key to recovery..and until the Housing Crisis gets stabilized. .. our economy will not recover...in fact ..things will worsen. The Obama Administration has ignored this Crisis...and it is now out of control. .... So happy Congressmen, you both have nothing better to do--except say "no" of course, than to inform the American people of this problem. Sitting on the Committee of Government Oversight and Reform, Mr. Issa, one wonders what you were ...
Meanwhile, this could not have happened at a worse time for a middle-aged father and husband. A tepid economy and a real estate bubble that passed him by mean his listing will generate no new excitement. At the end of the day, .... Tough story. I feel for your buddy but he is far from unique. This story is typical and will become more so in the years ahead. We were told that if we worked hard and did it right we would be kept by the company until we retire. ...
Thornberg famously predicted the real estate bubble, disastrous downturn in California and the high probability of recession in 2008. He is a former economist at UCLA and currently works at Beacon Economics, the firm he founded. I relied heavily on Thornberg's analysis ..... It is certainly true that his energy and aspirations have dazzled many of his supporters. Sadly, it seems they have so bedazzled the Norwegians that they can no longer separate hopes from achievement. ...