Republicans have spent the last three years attacking U.S Attorney General Eric Holder about issues related to national security and civil rights. Lately, it’s a screwed up gun-trafficking investigation known as “Operation Fast and Furious.” Many in the GOP are now saying he should resign. This past week, something like 75 members of Congress co-sponsored [...]
Well, I’ll tell you what… the economics profession sure has lost some points these past couple of years, wouldn’t you say? Sort of like the intelligence community did during the Bush presidency just a few years back. It pains me to see the profession relegated to being “The Pips,” to Barack Obama’s “Gladys,” if you [...]
I used to read the Wall Street Journal all the time, maybe even every day for a few years back in the days when Yuppies were king, BMWs reigned supreme, and I was still stupid enough to pay $300 a year to carry around a grey piece of plastic from America Express that I referred [...]
Today, another victim of the foreclosure crisis took her own life. She was a disabled American veteran and her family was counting on me to help. And I let them down. You see, when I returned from a trip to Hawaii earlier this summer to meet with members of the state’s legislature on how [...]
First let me just say that I am not really picking on Rep. Boehner so much individually, as I am picking on both him and his GOP cohorts, collectively. That is to say that President Obama will be re-elected to a second term in 2012 because… well, because he’ll be running [...]
A close friend of mine called me a couple of days ago to tell me that he had just heard from a contact he has at Bank of America’s loss mitigation department. His BofA contact had called to tell him that there would be a flood of foreclosures coming soon, as Fannie Mae [...]
When it comes to homeowners applying for loan modifications, mortgage servicers come in three types: Terribly Annoying, Unbearably Annoying, and Make-You-Want-to-Burn-Your-House-to-the-Ground Annoying. Some people laugh at that description, and I might have laughed at it too, before I came to realize that it was such a dramatic understatement. Not only are all mortgage [...]
It should be readily apparent that there are an overabundance of reasons for Bank of America’s CEO, Bryan Moynihan, to be regarded as a massive rear end in a province undeniably replete with rear ends of utterly mammoth proportion. Even the adjectives in that last sentence don’t begin to do the nature of his posterior [...]
David Stern has a $16 million Florida mansion on the Intracoastal Waterway, a $20 million plus, 130-foot jet propelled yacht, four Ferraris, four Porsches, two Mercedes Benzes, one Cadillac and a Bugatti.
Last month, the Massachusetts Supreme Court ruled against two banks, Wells Fargo and US Bankcorp, who had each foreclosed on homes and were now asking a judge to declare that they held clear title to the properties in fee simple.
A lot of people don’t...
