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Important News - Dec. 17
17 hours ago ago from InvestmentWatch
Ron Paul Reacts To Bernanke As Time' Person Of The Year Ben Bernanke is the most powerful man in the world because he controls the supply of money which is the reserve currency of the world. He can create a trillion dollars in secret without any monitoring by Congress. So there’s no transparency and I think he is more powerful than the President. 1) East Timor wealth fund to diversify from US bonds The government is considering ...
Related contentForeclosure news round-up
1 hour, 38 minutes ago ago from The Real Estate Wonk
Home for the holidays: Fannie Mae and Freddie Mac said Thursday that they won't evict anyone from a foreclosed home from Saturday through Jan. 3 -- a holiday break. Citigroup, meanwhile, announced a 30-day suspension from evictions and new foreclosures. The Christian Science Monitor , reporting on Citigroup's decision, points out that this sort of move saves a lending institution from comparisons it might not like. For instance, ...
Related contentMortgage Volume Rises Slightly
23 hours ago ago from Bargers Solutions Blog
Mortgage applications were up 0.3 percent last week compared to the previous week on both a seasonally adjusted basis and on an unadjusted basis, according to the Mortgage Bankers Association weekly survey. The increase was in refinances, which rose 0.9 percent. As a share of mortgage activity, refinances hit 74.4 percent, the highest refinance share since April 24. The purchase index decreased 0.1 percent on an adjusted basis and ...
Related contentPimco’s Gross Boosts Cash says Treasuries are overvalued compared to potential inflation
10 hours ago ago from Commodity Trade Alert
(Bloomberg) Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc. collapsed in September 2008. Gross increased cash in the $199.4 billion Total Return Fund’s to 7 percent in November from negative 7 percent in October, according to Pimco’s Web site. The fund can have a so- called negative position by ...
Related content20% of Americans lacked health insurance in last two years: MedCity Morning Read, Dec. 17, 2009
18 hours ago ago from MedCity News
December 17, 2009 by Brandon Glenn Leave a Comment Highlights of the important and the interesting from the world of health care: One in five lacked insurance: Nearly one in five Americans lacked health insurance at one point since January 2008, a new survey from the Centers for Disease Control and Prevention revealed. That equates to 58.4 million of our fellow Americans. Perhaps more disturbingly, a whopping 11 percent of ...
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At Colleges, Humanities Job Outlook Gets Bleaker
7 hours ago ago from The New York Times
With colleges and universities cutting back because of the recession, the job outlook for graduate students in language and literature is bleaker than ever before. According to the Modern Language Association's forecast of job listings, released Thursday, faculty positions will decline 37 percent, the biggest drop since the group began tracking its job listings 35 years ago. The projection, based on a comparison between the ...
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