Economic Amnesia
What do you think, dear reader? Do you think Ginnie Mae — inventor of the mortgage-backed derivative — has also invented a model that allows the government to have its cake and eat it too? Can the feds sell debt to American consumers...make a profit out of it...and also render a good service to the public?
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All American Investor
Legends of the Fail
This is the way the euro ends — not with a bang but with bunga bunga. Not long ago, European leaders were insisting that Greece could and should stay on the euro while paying its debts in full. Now, with Italy falling off a cliff, it’s hard to see how the euro can survive at all.
Free College: How to Audit Courses From 7 Elite Schools Online
Getting accepted to a prestigious Ivy League school has its perks — and its price tag. But thanks to the Internet, you don’t have to take on mountains of debt to snag a piece of that educational pie.
CNBC Bonus Bucks Answers for Friday, November 11, 2011
And the next dominoes to fall are..
Even When Housing Prices Across The Country Fall, NYC Sees Gain
National housing prices declined on both a month-over-month and year-over-year basis in September, according to the Housing Market Index released yesterday by CoreLogic, but the news was far better for the New York City area.
Original content Bob DeMarco, All American Investor
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