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Tomorrow up to 400,000 homeowners can take a sigh of relief after the Senate passes a bill to let them refinance into lower interest loans. This will be backed by the Federal Housing Administration. The rescue gives the Treasury an unlimited amount of money …

I have spent the better part of 4 years wasting away in Oxford, MS. Over this time I have seen some strange things. I’ve seen everything from hippie jam sessions in the grove to people walking out of bars with missing shoes. …

Another American institution goes out the window as GM cuts truck production. Oh…how will people get to Wal-Mart now?
Seriously though, a lot of people are going to lose their jobs because of this. GM had to of known about the problem though. I mean, …

On Friday, federal regulators seized IndyMac’s bank assets. The lender was overtaken because of falling home price and increasing foreclosures. It has become the second largest financial institution in the United States to close…ever.
I find it strange that this came the same day speculation about …