4 In 10 Canadians Can Not Cover Basic Expenses Without Going Deeper In Debt
Source: Zero Hedge Back on July 13, when the BOC hiked rates by 25bps to 0.75% – its first rate hike in 7 years – followed by another unexpected
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Obama’s HUD Misplaced $500 Billion — Enron Was Only $63 Billion
Source: Conservative Tribune | BEN MARQUIS Some of our readers may recall the massive scandal in 2001 surrounding the bankruptcy of the Enron Corporation, an energy company based in Texas. Investors lost
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Fannie-Freddie Might Need $100 Billion in New Crisis, FHFA Says
Source: Bloomberg | By Joe Light Agency reports results from latest Dodd-Frank Act stress tests Aid draw in worst scenario would leave $158 billion available Mortgage-finance giants Fannie Mae and Freddie Mac could
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The Inflation Nightmare: How inflation is slowly consuming your income since 2000. The four horsemen of inflation include college tuition, medical care, housing, and stagnant wages.
Source: My Budget 360 Inflation has a slow destructive impact on your purchasing power. Most people don’t think twice about inflation. They just assume that the price of goods
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Georgia: Woman Finds Strangers Living In Her Home, City Says She Can’t Kick Them Out
Source: Information Liberation | Chris Menahan A Georgia woman found a family of strangers living in a home she was selling, but the city says she can’t kick them out. From WSBTV:
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SO, YOU THOUGHT BANK OF AMERICA WOULD BE PUNISHED FOR ROLE IN 2008 CRISIS? THINK AGAIN
Source: The Anti Media | By Claire Bernish h/t: Blacklisted News In a reversal of the smidgen of accountability forced on Bank of America for its role in the 2008
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Banks May Again Be A Bummer: Some Not So Dull Numbers
WHTT | News Post | February 11, 2016 [Editor CEC writes]: Occasionally we find something outside our baileywick that just seems to be special in the area of business and the economy…it has to
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The Rent is Too Damn High: San Fran Residents Pay $1,000/Mth To Live In Shipping Containers
“Legal? No, but he’s eluded code enforcers who rousted what he calls cargotopia from two other sites. If all goes according to plan, he’ll get a startup out of his
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Inflation is all around us if you know where to look: Spiking food costs, rising home prices and rents, and more expensive energy.
Source: My Budget 360 Inflation is accepted as a normal part of our economy similar to how we take it for granted that the sky is blue. It is close
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When the housing market is owned by Fed banks: Federal Reserve went from holding zero in mortgage-backed securities to over $1.5 trillion
Source: My Budget 360 There are significant consequences with the Fed continuing on course with Quantitative Easing. On paper, it may seem that all is fine on the home front.
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