Archive for Debt
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Glendale Intends to Forgo More Debt, Federal Strings
Glendale, California forgoes U.S. Treasury bond offer of June 12, 2009 to take on additional debt for local projects.
Galleria and Town Center Not Part of General Growth’s Chapter 11 Filing
The Glendale Galleria and the Burbank Town Center are not part of owner General Growth Properties’ April 16, 2009 bankruptcy filing. All General Growth malls will remain open for business.
Debt, the Engine of Prosperity: Use U.S. TALF Credit Card to Refill the Empty Tank
TALF and the “paradox of thrift” have dissenters.
Under the Paperweight, February 15-21, 2009
News, editorials, and blogs focused heavily on federal and California budget and stimulus legislation this past week.
Outside of Washington and Wall Street, Who Hasn’t Figured Out That A Debt-Based Economy Isn’t Sustainable?
Throwing more and more money at banks is a bad idea. A debt-based economy is the problem, not the solution.
The Answer to Too Much Debt Is NOT More Debt
Voices in the wilderness keep telling all of us what is really happening and where our Ponzi scheme economy has brought us. But the financial sector keeps asking us to invest more money in this losing scheme. Today’s Wall Street Journal front page says
some of the country’s biggest property developers have become the latest to [...]
