Monday, October 19, 2009

Housing Market Getting Worse Elizabeth Warren on Tech Ticker

Rising U.S. Unemployment Continues to Haunt Housing Market


"We see things getting worse in the housing market," Warren says, citing the pernicious effects of foreclosures, which rose 5% in the third quarter to a total of 937,840, according to RealtyTrac.

"The long-term impact of high foreclosure rates on our housing market and overall economy would be disastrous," Warren warns, citing estimates that 10 to 12 million U.S. homes could ultimately go into foreclosure. "We have to get foreclosures under control."

Gold and Silver Trading Discount with Bob Chapman

Today Oct 16 2009 is BOB Chapman's Birthday he is 74 years old


Google Rock Solid After Earnings Report net income rose 27 % $5.13 a share

Google CEO Eric Schmidt says the worse of the recession is over


Oct. 16 (Bloomberg) -- Henry Blodget, chief executive officer of The Business Insider, talks with Bloomberg's Betty Liu about Google Inc.'s third-quarter profit reported yesterday. Google said net income rose 27 percent to $1.64 billion, or $5.13 a share, beating analysts' estimates. (Source: Bloomberg)

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