Bankrupt Miami in Fiscal Emergency, Breaks Employee Contracts, Hikes Property Taxes; What You Can Do.
Fundamental
Utorok, 31 August 2010 03:30

Miami is bankrupt. Unfortunately the city refuses to admit it.
In an enormously foolhardy attempt to make ends meet, in spite of the fact that Miami home prices have been hammered and 1-in-8 are unemployed, the County keeps pouring on the painful tax and fee increases.

As you recoil from your tax warning notice today, ponder this: those multiple tax hikes aren't the only charges set to rise. Besides Miami-Dade County's plan to raise every taxpayer's rates 12.2% for operations and an incredible 56% for capital spending on undisclosed projects, it also plans to raise retail water and wastewater rates 5%.

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Lawler: HUD Secretary May Have Just Made Near-Term Home Sales Worse
Fundamental
Pondelok, 30 August 2010 23:30

by CalculatedRisk on 8/30/2010 04:53:00 PM

CR Note: Here are economist Tom Lawler's thoughts on HUD Secretary Shaun Donovan comments this weekend ...

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Report: No discussions underway to revive housing tax credit
Fundamental
Pondelok, 30 August 2010 19:30

by CalculatedRisk on 8/30/2010 02:33:00 PM

Last night I posted some comments from HUD Secretary Shaun Donovan. From CNN's "State of the Union" transcript:

[CNN's Ed] HENRY: Is that housing credit now dead? Or does the administration think you should try to revive it to try to prop this industry up?

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Regional Fed Manufacturing Surveys and the ISM PMI
Fundamental
Pondelok, 30 August 2010 19:30

by CalculatedRisk on 8/30/2010 11:39:00 AM

Now that all the regional Fed manufacturing surveys for August have been released, here is an update to the graph I posted last week:

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Banks Recruit Investors to Oppose Honest Valuation of Assets; Just how Unprepared are Banks for Major Losses?
Fundamental
Pondelok, 30 August 2010 19:30

Reader "Henry" has a question on the loan loss provision chart I posted in Former Fed Vice Chairman vs. Mish: Is the Fed Out of Ammo?
Henry writes ...

Hello Mish,

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Dallas Fed: Texas Manufacturing Activity Still Weak in August
Fundamental
Pondelok, 30 August 2010 15:30

by CalculatedRisk on 8/30/2010 10:33:00 AM

From the Dallas Fed: Texas Manufacturing Activity Still Weak

Texas factory activity was unchanged in August, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, came in at zero, posting a third consecutive month of little to no growth.

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Personal Income, Spending increase in July
Fundamental
Pondelok, 30 August 2010 15:30

by CalculatedRisk on 8/30/2010 08:30:00 AM

From the BEA: Personal Income and Outlays, April 2010

Personal income increased $30.0 billion, or 0.2 percent ... Personal consumption expenditures (PCE) increased $44.1 billion, or 0.4 percent
...
Real PCE -- PCE adjusted to remove price changes -- increased 0.2 percent in July, compared with an increase of 0.1

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Another Housing Tax Credit?
Fundamental
Pondelok, 30 August 2010 03:30

by CalculatedRisk on 8/29/2010 09:17:00 PM

From Reuters: No Decision on Reviving Homebuyer Credit: Donovan

"It's too early to say whether the tax credit will be revived," Donovan said in an interview on CNN's "State of the Union" program. He said the administration would "do everything we can" to stabilize the shaky U.S. housing market.
The problem in housing is there is too much supply (at the current price).

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Physicians, Others Chime in on Who's to Blame for Rising Healthcare Costs
Fundamental
Pondelok, 30 August 2010 03:30

I received a lot of emails in response to Who's to Blame for Rising Healthcare Costs? Some reader suggestions might save you some money.
Overpaying for Generics

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Banky vábia študentov na účet zadarmo
Financie
Nedeľa, 29 August 2010 23:30
Ku kontu pribalia kartu a neobmedzené transakcie

View detail ...

Zdroj: www.etrend.sk

 
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