Real Estate Foreclosure Blog
The prime reason for the Obama government granting $2.4 billion for electric cars is because over half the funds will be used for manufacturing batteries. The hybrids made in USA are at present reliant on batteries coming from overseas. The announcement made by the Obama government regarding this grant is laced with significance. It indicates [...]
It is ironical that at the time of his death Michael Jackson had been facing financial problems but following it his earnings have grown to millions. His demise was followed by the outbreak of a war between his family with the executors of his real estate. Now another question has been added to the mayhem. [...]
There is a horrifying truth of finance behind the patenting of drugs. Research is carried on in the universities funded by government or tax payer’s money. When the research indicates positive signs the drug companies step in with funds in the final stages when the main creative work is over. In return they take over [...]
Many economic experts think that the recession is drawing to a close but the Central Bank is hesitating to say that recovery has replaced recession. The Federal Reserve is not prepared to lend their voices to the talk going all round about the end of recession. Mark Zandi of Moody’s Economy said, “I think we’re [...]
Basically there are two reasons behind a country wanting its currency to be the international reserve. Firstly is the issue of seigniorage. It means the country issuing the currency is in reality borrowing without paying interest. All the central banks earn this seigniorage from issue of currency. In essence it is the citizens who are [...]
We are taught that there is balance in the world with the good cancelling evil that assets are the same as liabilities and in short life is a ball. But in reality that is not. There are imbalances in the financial world and it is finances that determine the social picture. There is no logic [...]
The houses that Madoff once owned – the luxury mansions are poised to hit the market. It is anybody’s guess what the selling price would be. Modoff’s real estate to the tune of $22 million is ready to be sold. Those who had been victimized and cheated by Madoff are expecting to rake in generous [...]
Recently found court papers show that it pays business interests in the world of medicine to push therapy by publishing papers written by ghost-writers. The latter were generously remunerated by a pharmaceutical company in writing 26 so-called scientific articles supporting the use of a therapy of hormone replacement applicable to women. The revelation indicates the [...]
Real Estate Foreclosure Blog