Recent news may have given the impression that home prices are beginning to approach their bottom across the nation, more so given the home price decline numbers from California and Florida where some areas have seen plunges of up to 2/3rd from their heights in 2006 and many are well into a 30% decline. But [...]

In approximately 264 hours from now, the United States will have a new president and for the first time since 1992, the Democrats will control all three branches of legislative and executive arms of government, and there’s a growing temptation to redo the New Deal of the 1930s as a recipe for the current global [...]

So far it seems like a trickle, between July 11 and August 22, US regulators have shuttered five banks, bringing the year’s total to nine. Columbian Bank and Trust Co. of Topeka, Kansas had $762 million in assets and $622 million in deposits according to the FDIC who also expect the recent failure to cost [...]

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