Yesterday afternoon, House Speaker Sal DiMasi said local aid might as much as 10 percent this coming year. Gov. Deval Patrick and Senate President Therese Murray wouldn't commit to that figure, but agree that drastic measures may be … [Read more...]
GOP Sneaking Toward 2012
Cross-post note: This also appears at Marry in Massachusetts. Already, our own smarmy elephant, Willard Mitt Romney, is raising money and doing well in polls (third behind Sarah Palin and Mike Huckabee for 2012). He's hired staff and … [Read more...]
Why Can’t We Help Susan?
Susan was the driver of the van that we took back from the airport last night and the chatter quickly turned to the economy. Susan, a mom in her 30s with 3 kids, had no reservations about getting personal. She and her husband, who is in the … [Read more...]
Another Monday Financial Meltdown, Where is this plan OOPS!
Ok here we are on another Monday Morning with Thousands of foreclosures going on daily coast to coast and we are bailing out another one of the big banks with cash and insurance way beyond the bailout provisions layed out in the … [Read more...]
Destructive Destruction
Back in 1986 we bought our first station wagon to serve our growing family. It was a Chevrolet Celebrity and ran well for more than 10 years. I didn't question the $200 "destination charge" on the invoice, but when we got the Chevy home, I … [Read more...]
Henry Paulson Jr it’s time to go you obviously haven’t a clue
April 2007 U.S. Treasury Secretary Henry Paulson said...the housing market correction appears to be at or near its bottom and that troubles in the subprime mortgage market will not likely spread throughout the economy. "We've clearly had a … [Read more...]
MassHousing board member “quits”
Who's guilty? Who's innocent? Who's greedy? Who isn't? To some degree, I have to put a small check mark next to 'all of the above' and maybe you do too. If you are waiting for the other shoe to drop in this … [Read more...]
Bail Out? Why you ask I say yes and here’s why
What happens when your homes value falls to pre 1980 levels how many owe more then $45,000 on their primary residence what will you say to the bank then? What happens when the unemployment system runs out of money will you the worker … [Read more...]
This is why I think Bush and his cabinet should resign
http://www.msnbc.msn.com/id/27... Hank Paulson is little more then a fox, a pirate, a frat boy, a scoundrel like his counter parts responsible for the collapse of the financial sector and should be removed as Treasury Secretary immediately. … [Read more...]
Green the auto bailout
UPDATE: Looks like pretty much everyone else has had the same thought. Well, this time it's the auto industry with hat in hand, asking for a gov't bailout. And Dems are inclined to give it to them. Automakers already want an … [Read more...]
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