The time may be ripe for a shift in strategy as the foreclosure machine grinds on, and new foreclosure notices reach the troubling milestone of 10,000 per day.
A weak economy has added job losses and falling home values to the mix of toxic loans that prompted More…
What is it with Paul Krugman, anyway? The Nobel economist with the dour outlook is becoming the most unlikely of pop icons. First, there was, “Hey Paul Krugman,” a ditty praising his virtues, especially compared with those of Treasury Secretary Timothy Geithner, that flew around the blogosophere. Now, via More…
One potentially upbeat aspect of a recession is that it keeps families together, writes marriage expert Andrew Cherlin today in The New York Times. Couples are reluctant to split up when finances are tight, so households that might otherwise break up remain intact. That was one lesson of More…
Leading headlines this morning are two economic datapoints that count as positive in the current climate. Thursday is the day for weekly jobless claims, and while initial and continuing claims remain at extremely high levels (the latter hit yet another record), the steady downtick in initial weekly claims over More…
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