Average 30-YearMortgageRateHits 4.47% (NotCountingFees); AffordabilityCheck http://feedly.com/k/1fsXIA3 USA Today reports Average 30-yearmortgageratemovesupto 4.47% Mortgage buyer Freddie Mac said Thursday the rate on the 30-year loan increased to 4.47% from 4.42% last week. The average on the 15-year fixed loan rose to 3.51% from 3.43%. A government report issued Wednesday showed that U.S. builders broke ground on homes in November at the fastest pace in more than … Seguir leyendo Average 30-Year Mortgage Rate Hits 4.47% (Not Counting Fees); Affordability Check

EU28 surplusupto 153 bn euro in 2012 http://feedly.com/k/18TLf3W EU28 international trade in services increased in 2012, with EU28 exports of services to the rest of the world rising by 9%, from 609 billion euro in 2011 to 662 bn in 2012, and EU28 imports by 6%, from 478 bn to 509 bn. As a result, EU28 trade in services recorded a surplus of 153 bn … Seguir leyendo EU28 surplus up to 153 bn euro in 2012

83 NumbersFrom 2013 That Are AlmostTooCrazyToBelieve http://feedly.com/k/1kfmd7q SubmittedbyMichaelSnyderofTheEconomicCollapseblog, During 2013, Americacontinuedtosteadilymarchdown a self-destructivepathtowardoblivion. As a society, ourdebtlevels are completelyandtotallyoutof control. Ourfinancialsystem has beentransformedintothelargest casino ontheentireplanetandourbigbanks are behavingeven more recklesslythantheydidjustbeforethelastfinancial crisis. WecontinuetoseethousandsofbusinessesandmillionsofjobsgetshippedoutoftheUnitedStates, andthemiddleclassisbeingabsolutelyeviscerated. Duetothelackofdecentjobs, povertyisabsolutelyexploding. Governmentdependenceisatanall-time highandcrimeisrising. Evidenceof social and moral decayisseeminglyeverywhere, andourgovernmentappearsto be goinginsane. Ifwe are goingtohaveanyhopeofsolvingtheseproblems, the American people need to take a long, hard look in the mirror and finally admit how bad … Seguir leyendo 83 Numbers From 2013 That Are Almost Too Crazy To Believe

WhoPaystheTaxesandGetstheBenefits – NYTimes.com http://feedly.com/k/1hfZOnT shared via http://feedly.com Seguir leyendo Who Pays the Taxes and Gets the Benefits – NYTimes.com

WhatIfThere’s A Recessionin 2014? http://feedly.com/k/1dHvKiI Ifpolicymakersweregunfighters, they’d be outofbullets: Theyhaverunoutofeffectivepolicytoolstoimprovetheeconomy. So thequestionis simple: Ifthereis a recessionin 2014, andpolicymakers are outofbullets, howwillitplayoutacrosstheAmericaneconomy? WhattheFedislookingat.Recently, Deutsche Bank’s Jim Reid very astutely pointed out that the current “expansion” of the U.S. economy is on its fifth year—the seventh longest in history. We are due for a recession. Now, before facing up to a possible 2014 recession, let’s ask ourselves: … Seguir leyendo What If There’s A Recession in 2014?

As BitcoinTransactionVolume Triples SinceOctober, Europe Prepares ToRegulate, TaxThe Digital Currency http://feedly.com/k/1ffaOR4 Representing numbers that would put the adoption curve of Obamacare to shame, the Bitcoin equivalents of Paypal, BitPay, announced last week that it has now processed over $100 million in BTC transactions in 2013, has increased its merchant base to over 15,500 approved merchants in over 200 countries, but most importantly, has seen a … Seguir leyendo As Bitcoin Transaction Volume Triples Since October, Europe Prepares To Regulate, Tax The Digital Currency

As theRomans do… http://feedly.com/k/1kLxn10 TextkindlytranslatedbyAnne-Marie de Grazia The symposium “ l’Eurocontrol’Europa ?” which took place on Saturday, December 7th in Rome, organized by the Nuova Italia and A/Simmetrie foundations, gathered an audience over 300 strong at the old Rome stock market. The speakers included Prof. Alberto Bagnai (University of Pescara), Diego Fusaro, a Marxist philosopher and research professor at the University of Milan, Brigitte Granville … Seguir leyendo Reunión en Roma contra el euro

GaiusPublius: `LiberalismDoesn`t Carrythe Critique ofCapitalismthatProgressivismDoes` http://feedly.com/k/IVf0dL ByGaiusPublius, a professionalwriterlivingontheWestCoastoftheUnitedStates. Followhimon Twitter @Gaius_PubliusandFacebook. CrosspostedfromAmericaBlog I’vebeenfascinated lately with the meaning of the terms “liberal” and “progressive.” It’s clear that what we now call “liberalism” is really a variant, a side branch of the real thing, and should be more properly named “FDR liberalism” or “social liberalism.” Today’s “liberalism” — FDR-liberalism — is an offshoot of pre-FDR liberalism … Seguir leyendo Gaius Publius: `Liberalism Doesn`t Carry the Critique of Capitalism that Progressivism Does`