Ohio Attorney General Mike DeWine will begin granting $75 million to local governments for the demolition of abandoned homes. The money comes from the $25 billion settlement with mortgage servicers approved in March. Ohio received $335 million in consumer relief, remediation to borrowers and funds directly to the state. More than 10,000 abandoned homes stretch…
Tag Archive for Local Governments
Charles Hugh Smith
The Predatory State of California, Part 2
by Charles Hugh Smith • • 0 Comments
Due process and rule of law have been replaced with “legalized” looting and harrassment by government in America.
Yesterday’s entry Welcome to the Predatory State of California–Even If You Don’t Live There generated dozens of emails reco…
Bears Chat, Best of the Forums
Fourth quarter 2011
by Bears Chat at The Wall Street Examiner • • 0 Comments
Fourth quarter 2011: New Turmoil Set to Rock Economic Foundation
The congressional super-committee is charged with coming up with $1.5 trillion of cuts eight weeks from now will almost certainly take a big whack at a category of the federal budget ca…
Bears Chat, Best of the Forums
The New Fiscal Nightmare: 2012 State Budget Cuts
by Bears Chat at The Wall Street Examiner • • 0 Comments
After nearly three years of economic recovery, the crisis in state and local budgets continues to worsen. Even though state tax revenues are picking up, mandated spending obligations and the loss of federal stimulus money still put heavy pressure on s…
Bears Chat, Best of the Forums, Charts, Economics
U.S. Economic Growth: GDP Minus the Federal Deficit
by dshort.com - Financial Life Cycle Planning • • 0 Comments
April 28, 2011 Guest Commentary by Randy Degner
Note from dshort: A few days before today’s publication of the Q1 2011 advance GDP estimate, I received an email that eloquently expresses a widely held view of Gross Domestic Product — namely …
Bears Chat, Best of the Forums
The Most and Least ‘Green’ States
by a Wall Street Examiner • • 0 Comments
April 22 is Earth Day. This year, its theme is “A Billion Acts of Green.” The idea behind the 2011 program is to demonstrate that millions of small acts can make a profound difference in the environment. Whether that is true or not, the Earth Da…
Charts, Economics
Employment in Pictures Because 1000 Words Were Dropped From Labor Force
by Lee Adler • • 0 Comments
Total nonfarm payrolls fell by 2.9 million in January from December. These are the actual numbers, not the Bureau of Liar Statistics seasonal fudge pack which usually obscure the truth, or completely mislead. In order to reveal how the current numbers stack up, it is only necessary to compare them to past years. Given that…
Bears Chat, Best of the Forums
It’s 2000 and 2007 All Over Again
by a Wall Street Examiner • • 0 Comments
The Comstock boys present a long list of reasons why a stock market decline is on the horizon…
The stock market is at a highly vulnerable point, both fundamentally and technically. Fundamentally, the current rate of economic growth is unsustainabl…
Bears Chat, Best of the Forums
Employment in Pictures Because 1000 Words Were Dropped From Labor Force
by a Wall Street Examiner • • 0 Comments
Total nonfarm payrolls fell by 2.9 million in January from December. These are the actual numbers, not the Bureau of Liar Statistics seasonal fudge pack which usually obscure the truth, or completely mislead. In order to reveal how the current numbers …
Bears Chat, Best of the Forums
New York State Seizes Finances of Nassau County
by a Wall Street Examiner • • 0 Comments
Everybody’s Subprime
New York State Seizes Finances of Nassau County
A state oversight board on Wednesday seized control of Nassau County’s finances, saying the county, one of the nation’s wealthiest and most heavily taxed, had nonetheless fa…
