CHESSNOID

2 Fridays ago, we saw people line up at IndyMac branches here in California after the FDIC took over the branches. Then last Friday, the FDIC took over two more chains 1st National Bank of Nevada and First Heritage Bank N.A yesterday. I do wonder if this will become a regular Friday thing for the [...]

I like listening to Ron Paul because he makes sense. Right now we are in a major economic crisis that is getting more severe with each passing week. We don’t need those economic reports to tell us that things are bad. We need the government to start taking action now to fix [...]

The state of California is in such an extreme economic condition that I wouldn’t be surprised if our famous Governor Arnold gets the boot in the near future.
First of all, we have hit an incredible record high number of foreclosures. According to dataquick:
DataQuick says some 63,061 homes were lost to foreclosure between April and [...]