If you thought home prices were bottoming out, you may be wrong. They’re expected to head a lot lower. Home values are predicted to drop in 342 out of 381 markets during the next year, according to a new forecast of real estate prices. Overall, the national median home price is predicted to drop 11.3% […]
To the Congress: The U.S. Postal Service was established in 1775 – you have had 234 years to get it right; it is broke. Social Security was established in 1935 – you have had 74 years to get it right; it is broke. Fannie Mae was established in 1938 – you have had 71 years […]
During the Bolshevik Revolution that led to communist Russia, Comrade Vladimir Lenin said, “Sell the capitalists enough rope and they will hang themselves!” Nearly 100 years later, Lenin’s predictions reveal his veracity with chilling fruition. The United States bleeds $11 trillion in debt. It suffers a $700 billion annual trade deficit, mostly with China, which […]
By: John Rossomando A prominent Republican senator who Barack Obama once considered to be his commerce secretary is warning that the administration’s fiscal policies could put the U.S. on the path to “banana republic” status. Sen. Judd Gregg, R-N.H., told CNN’s John King on Sunday’s “State of the Union” program that standards of living will […]
President Obama’s Ratings Continue Their Fall Again This Month Three in five Americans believe country going off on wrong track New York, N.Y. — October 16, 2009 — President Obama may have won the Nobel Peace Prize, but unfortunately, he is not winning accolades from the American public as his job approval rating continues its […]
Despite signs of broader economic recovery, number of foreclosure filings hit a record high in the third quarter – a sign the plague is still spreading. By Les Christie, CNNMoney.com staff writer Last Updated: October 15, 2009: 7:34 AM ET NEW YORK (CNNMoney.com) — Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number […]
CHARLOTTE, N.C. – Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills. The nation’s second-largest bank said it wrote down loans on its books by almost $10 billion during the July-September […]
By: Kenneth R. Timmerman The Obama administration has cut funding for pro-democracy and human rights programs in Iran, reversing years of efforts during the Bush administration to help develop a civil society, congressional sources told Newsmax this week. The move is apparently intended to please Iran’s rulers after they criticized President Obama and the State […]
President Hugo Chavez has ordered the “acquisition by force” of a landmark Hilton Hotel on Venezuela’s Margarita island, the government’s Official Gazette announced Tuesday. The facility, on the Caribbean resort island of Margarita in Nueva Esparta state, was targeted for state takeover less than a month after it was used to host the Africa-South America […]
Russia and the United States have tentatively agreed to a weapons inspection program that would allow Russians to visit nuclear sites in America to count missiles and warheads. The plan, which Fox News has learned was agreed to in principle during negotiations, would constitute the most intrusive weapons inspection program the U.S. has ever accepted. […]
