August, 2010
Home getting is no longer an investment
There was a long time where home mortgages were known as "the most significant investment a person ever makes". That changed with the housing crisis that has been here too long. Home prices went too low. This was following the home prices were already too high. Home sales have not been this low in ...
$ 4.35 billion given to Race to Top winners for school reform
America's schools will get $ 4.35 billion to improve schools with Obama's stimulus plan. The initiative will help those wanting to "improve schools and close the achievement gap" with the "Race to the Top" program. The U.S. Department of education announced nine places to share the $ 3.4 billion: There could be just a little ...
University scientists dispute government oil leak report
A rosy outlook painted by a government oil leak report is being challenged. National Event Command had concluded in a report that many of the BP oil leak evaporated or had been collected or burned, but 3 reports say nearly the opposite . Shrimping areas were expanded. The President and his family swam within the ...
Maxine Waters in very same boat as Charlie Rangel
In the past few weeks, Representative Charlie Rangel (D-NY) was charged with ethics violations by the House of Representatives. His misconduct earned him a Congressional reprimand. Just lately, Representative Maxine Waters (D-CA) has also been indicted by Congress for conflicts of interests. She has asked for a fast process, to clear her name as soon ...
The United States may have become a Plutonomy
The concern has been raised many times over whether the United States is becoming or already is a "plutonomy." The word plutonomy is a portmanteau of "plutocracy" and "economy," meaning an economy depending on a plutocracy, which means the richest few command the economy. It has been argued that it was always that way. Recent ...
