Category Archives: Weekly Financial News

Employment Will Drive Recovery in 2012

Posted on April 26, 2012 by Popular Economics Weekly

Popular Economics Weekly It seems the lingering doubts about better growth in 2012 have nothing to do with reality. Predictions that job growth may have slowed come from a recent uptick in weekly initial jobless claims, but such numbers are … Continue reading →

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The National Mortgage Settlement

Posted on April 12, 2012 by Popular Economics Weekly

The Mortgage Corner The $25B National Mortgage Settlement has finally been signed off by a federal judge, and 5 of the largest banks will begin the process of providing relief to the estimated 9 million present or former homeowners who … Continue reading →

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The Terrible Cost of Bush II’s Deficit

Posted on April 9, 2012 by Popular Economics Weekly

Popular Economics Weekly It is now becoming evident just how much damage the GW Bush budget deficit has done to the U.S. In part from the tax cuts of 2001 and 2003, which sharply reduced taxes on income, capital gains, … Continue reading →

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Jobs Key to 2012 Election

Posted on April 5, 2012 by Popular Economics Weekly

Popular Economics Weekly We know what will win or lose the 2012 Presidential election—jobs. Will enough jobs be created to give Obama a second term? Or, will enough independent voters change horses (to elephants) and become Republicans, because not enough … Continue reading →

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2012 Election—The Propaganda Campaign Begins

Posted on April 5, 2012 by Popular Economics Weekly

Financial FAQs Now that Mitt Romney seems to have sewed up the Republican delegates needed for his Presidential candidacy, the war for the Hearts and Minds of Americans begins in earnest. And we can trust that the Lee Atwater—Karl Rove … Continue reading →

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Corporations Plus NRA Equals Greater Lawlessness

Posted on April 4, 2012 by Popular Economics Weekly

Financial FAQs “Florida’s now-infamous Stand Your Ground law, which lets you shoot someone you consider threatening without facing arrest, let alone prosecution, sounds crazy — and it is,” said New York Times columnist Paul Krugman recently. “And it’s tempting to … Continue reading →

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2012 Housing Recovery Fuelled by Affordability

Posted on March 29, 2012 by Popular Economics Weekly

The Mortgage Corner Housing prices needs one more year to begin to recover, according to several pundits and economists, including Barron’s Magazine and Professor Karl Case, co-creator of the S&P Case-Shiller Home Price Index. And that mostly depends on two … Continue reading →

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States are Making A Comeback

Posted on March 21, 2012 by Popular Economics Weekly

Financial FAQs The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2012 that are a measure of current activity, and so a good measure of how widespread is the recovery. In the … Continue reading →

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HARP 2.0 Loan Modifications Begin This Week

Posted on March 20, 2012 by Popular Economics Weekly

The Mortgage Corner The revamped HARP 2.0 loan modification program for Fannie Mae and Freddie Mac loans kicks off this week, which allows unlimited loan-to-values for existing 30 or 15-year fixed rate mortgages owned by Fannie and Freddie, and maximum … Continue reading →

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Greater Lawlessness Causes Great Recessions

Posted on March 17, 2012 by Popular Economics Weekly

Popular Economics Weekly We know Greg Smith’s unveiling of Goldman Sachs’ ‘culture’ of GS profits ahead of clients’ interests was nothing new. And that real laws were broken—from conflicts of interest to outright fraud. The 2010 congressional hearings unveiled much … Continue reading →

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