December 16, 2015
Islamic State or Wahhabi Colony?
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Hard hitting global and local news
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View post: Knowing the Unknowable; Reflections on the Fed Hike
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
Read the article: Fed Openly Discusses "Permanently High Balance Sheet"; Lie Finally Admitted
See the original article here: Trump Warns "Dopey" Saudi Prince "Can’t Buy US Politicians When I Get Elected"; Religious Discrimination…
Please consider The Liquidity Trap That’s Spooking Bond Funds . The debt world is haunted by a specter—of a destabilizing run on markets. Last week, this took on more form even if there weren’t concrete signs of panic
More: "War Games" Show Fed Worried About Commercial Real Estate, Interest Rates; Fed Weighs Consequences of "Macroprudential Tools"
Housing wire presents an interesting timeline of Ally’s actions in Ally Financial Getting Back Into Mortgage Business . GMAC’s ResCap was once of the nation’s top subprime lenders, but eventually GMAC and ResCap began dragging down Ally’s business, with ResCap eventually falling into bankruptcy.