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By 2011, Balance on Over 50% of Mortgages Will Be More Than The Value of the Home…

By 2011, Balance on Over 50% of Mortgages Will Be More Than The Value of the Home…

By PUMA Pundit on August 6, 2009

As we all know, the reason the whole financial meltdown took place is because government intervened in the workings of the market, it seems the side-effects of this intervention shall remain in place for much longer; by 2011 over 50% of US Mortgages shall be more than the value of the home that is mortgaged [...]

Posted in Economy | Tagged Arizona, California, deutsche bank, fannie mae, florida, freddie mac, home prices, illinois, karen weaver, las vegas, Massachusetts, michigan, mortgage, national association of realtors, nevada, ohio, west virginia, wisconsin, ying shen

The Insanity Continues- Fun Cities ‘Blacklisted’ from hosting Government Conventions

The Insanity Continues- Fun Cities ‘Blacklisted’ from hosting Government Conventions

By PUMA Pundit on July 22, 2009

Amazing isn’t it? Barack Obama flies to New York on the taxpayer’s dime for date night with Michelle, but Government agencies are expected to have conventions in cities where there is no fun component so as not to give the perception that taxpayer funds are being squandered… Travel industry lobbyists say government policies have essentially [...]

Posted in White House | Tagged barack obama, Denver, federal government, las vegas, michelle Obama, Milwaukee, Orlando, Reno, St. Louis

Obama Wins Victory- People Are Heeding His Call And Not Going To Vegas…

Obama Wins Victory- People Are Heeding His Call And Not Going To Vegas…

By PUMA Pundit on February 14, 2009

Tourism and Conventions are obviously not an engine for economic growth in Obama’s vision of a United Socialist States of America. Consequently, he issued a fatwa against corporations doing conventions in Las Vegas. Any takers on whether Nevada shall go blue in 2012? KTNV Gaming revenue fell for the 12th month in a row in [...]

Posted in Economy | Tagged barack obama, goldman sachs, las vegas, nevada, oscar goodman, wells fargo | 2 Responses

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