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Plunge In Sales of Existing Homes Sharpest Drop In History

Sales of previously owned homes fell 27 percent in July to the weakest level in 15 years, the National Association of Realtors reported last week. This represents the largest single monthly drop in history and they've been keeping these records for 40 years.

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US At Risk Of Losing AAA US Credit Rating

The vaunted AAA credit rating the US has always enjoyed is at risk. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that will test social cohesion.

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Obama Stimulus Created How Many Jobs?

Obama Stimulus Created How Many Jobs?

Accounting For Obama’s Stimulus Plan Surely you remember Obama’s $787 Billion emergency economic stimulus plan and spending bill from this time last year. It became known as the American Recovery and Reinvestment Act of 2009. Obama promised the stimulus plan ...

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