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September 2012

The NFL Referees and Pension Reform

09/27/12

The NFL Referees and Pension Reform

Thoroughly embarrassed by the scabs it attempted to trot out for three weeks, the NFL recently caved in on its demands and made a deal with the NFL Referees Association.

Posted at 03:46 PM | Permalink | Comments

09/26/12

New Home Sales Down, but Detroit's Real Estate Market Keeps Going Up

A true real estate recovery rightly includes more renters who rent their home from investors and are living within their means. Detroit is a great example of this.

Posted at 01:14 PM | Permalink | Comments

NFL's Union Busting Suffers Huge Setback

09/25/12

NFL's Union Busting Suffers Huge Setback

Current and former players were outraged and the blown call, or “toucherception” heard ‘round the world, seems to have galvanized NFL fans to demand that the NFL bring the real refs back.

Posted at 11:36 AM | Permalink | Comments

Forbes 400 List Perfectly Illustrates Rising Income Inequality

09/20/12

Forbes 400 List Perfectly Illustrates Rising Income Inequality

Forbes recently released their list of the 400 richest Americans today and despite what everyone is calling a slow or nonexistent recovery, the very rich have gotten significantly richer.

Posted at 12:38 PM | Permalink | Comments

09/18/12

Federal Reserve Now Giving Away More Free Money

Ben Bernanke, chairman of the Federal Reserve, recently announced that the Fed would be instituting a process it calls quantitative easing to help stimulate the economy.

Posted at 10:31 AM | Permalink | Comments: 2

09/13/12

Why the Banks Got Hit for $25 Billion

The mortgage mess we got into really began in 1977 with a law signed by President Jimmy Carter called the Community Reinvestment Act (CRA) of 1977.

Posted at 03:18 PM | Permalink | Comments

09/12/12

Struggling Homeowners Get $25 Billion in Loan Modifications From Big Banks

An agreement between the U.S. Department of Justice and five of America’s biggest banks will make real change for homeowners and help them keep their homes.

Posted at 12:03 PM | Permalink | Comments

Why GM's Strategy of Losing $49K per Car Actually Makes Sense

09/11/12

Why GM's Strategy of Losing $49K per Car Actually Makes Sense

The weak sales are forcing GM to shut down the Detroit-Hamtramck assembly plant that makes the Chevrolet Volt—for the second time this year.

Posted at 12:38 PM | Permalink | Comments

President Obama Let Detroit go Bankrupt and It Helped

09/07/12

President Obama Let Detroit go Bankrupt and It Helped

Mitt Romney’s proposal was to give no federal aid to the struggling car giants, but President Obama did actually allow —and even assist—GM and Chrysler to go into bankruptcy.

Posted at 01:44 PM | Permalink | Comments

Why the NFL is Refusing to Pay Its Refs

09/06/12

Why the NFL is Refusing to Pay Its Refs

A league that makes $8 billion a year won't pony up on $62,500 for officials.

Posted at 11:30 AM | Permalink | Comments

Are You Better off Now Than You Were Four Years Ago? Short Answer: Yes

09/05/12

Are You Better off Now Than You Were Four Years Ago? Short Answer: Yes

While your personal situation may or may not be better now than it was in September 2008, as a country we’re all doing better and the average person is doing better than they were then.

Posted at 11:16 AM | Permalink | Comments

The End of the Sale

09/04/12

The End of the Sale

Why there may be a lot less of them in the near future.

Posted at 11:40 AM | Permalink | Comments: 1