Oil has Crushed the Suburban Homeowner Dream - How $75 a Barrel Oil no longer Supports New Home Construction in Distant Areas. Case study of Riverside and San Bernardino Foreclosures and Housing.

The peak of $147 for a barrel of oil seems to be a long gone memory...
by Mybudget360 - Jan 22, 2010 - in Economy

  Credit Card Companies Pulling Back Credit Offers to American Households: Those Zero Percent Offers have now Turned into 30% Offers with Annual Fees. Banks have over $2 Trillion in Excess Reserves yet are unable to Offer a Decent Credit Card Rate.

Credit cards are ubiquitous like air in the American economy.  Virtually every American that can qualify for a...
by Mybudget360 - Jan 20, 2010 - in Economy

How the Average American household making $52,000 a Year is Coping while the Ultra Rich Pull Away. Examining the new Numbers on Income Distribution in the United States.

Now that tax season is rolling around average Americans are examining the implications of a difficult 2009 economy...
by Mybudget360 - Jan 18, 2010 - in Economy

Commercial Real Estate Surpassed Residential Real Estate as Worst Performing Property Class in 2009: The $3.5 Trillion Financial Time Bomb is hitting the Economy.

Some of you are probably not aware that the commercial real estate market has crossed a dreaded line in the sand...
by Mybudget360 - Jan 16, 2010 - in Economy

Financial Crisis Inquiry Commission - FCIC Needs to Recommend the Breaking up of Commercial and Investment Banking.

The Financial Crisis Inquiry Commission (FCIC) started hearings this week...
by Mybudget360 - Jan 14, 2010 - in Economy

The Capture of our Government by Wall Street: A 70 Percent Stock Market Rally lines up with an Additional 2.7 Million Jobs Lost since March of 2009. How Wall Street Reflects the Interest of the Corporatocracy and not the Real Economy.

It is a site to behold that the stock market is rallying since the March 2009 low even though we have officially lost...
by Mybudget360 - Jan 12, 2010 - in Economy

1.41 Million Americans Filed for Personal Bankruptcies in 2009 a jump of 32 Percent from 2008. More and More Average Americans Resorting to Bankruptcy even with Tougher Rules to File.

The employment report out on Friday just goes to show that the American economy is still struggling to create jobs...
by Mybudget360 - Jan 10, 2010 - in Economy

What Isn't Happening with the $3 Trillion Commercial Real Estate Market: Loans Falling and Vacancy Rates at Record Heights at 10 Percent.

With commercial real estate, you can learn a lot from what isn't happening...
by Mybudget360 - Jan 07, 2010 - in Economy

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