38 Recommended Articles on the Economic Collapse

Reading a bit each day from different minds really has helped me get a handle on what’s happening these days. I don’t pretend to be a guru or expert myself, but there’s a lot of good writing and honest commentary out there…no one has all the answers, but spend some time each day absorbing ideas other than your own. It enables you to form your own opinions.

If there’s anything that you need now more than anything else, it’s a plan. You need a plan to survive and thrive no matter what happens. And believe me…this, I’m sure, is in the cards for you…but not if you don’t take time to make a plan. I say this not because I’m convinced that I know exactly what will happen, but because I am positive that SOMETHING will happen…the rules are changing significantly, and that means we need to change and adapt.

Anyway, here are some articles I’ve read over the past couple days. I hope they provide you some things to think about and bend your mind a bit. That’s what they did for me.

1. AIG’s Counterparties Should Pay Us Back for Bonuses
2. Is AIG Bailout a Smokescreen?
3. The Real AIG Conspiracy
4. Hey, what about Freddie Mac’s retention bonus plan?
5. Housing Starts Rebound: Don’t Get Too Excited
6. Don’t Count on Manhattan RE as an Inflation Hedge
7. South CA median house price falls to $250,000, down 39%
8. Actual Sales Prices Only Half of Asking Prices
9. Discuss Specific Addresses
10. “The floodgates could open.” Right.
11. Credit is a drug. The Fed is America’s dealer.
12. US Bailouts Add to Risk of Depression
13. Look up your bank
14. Banks Ignore Obama Plan
15. Social investors could take over and reform corporations
16. Frugality is back in fashion
17. Madoff’s Wife Protects The Loot
18. Scenes from the recession
19. San Quentin Prison Seen as a Hot Property
20. Senator suggests AIG execs should kill themselves
21. Grassley: AIG execs should repent, not kill selves
22. Once paid, AIG bonuses will be hard to recover
23. Real Scandal of AIG: executives accountable to no one
24. Judge Rules Vallejo Can Void Union Contracts
25. Freddie Mac: The Government’s Next Black Hole?
26. Bernanke’s False Analogy of “A Burning House”
27. Bernanke’s Witness Protection Program
28. The Real Ponzi Scheme: Unreal Interest Rates
29. Chicago’s Condo Market on Ice
30. Oahu rents likely to keep falling
31. Good graphs of Las Vegas crash
32. Banks failures still relatively few
33. Why bailout money goes to banks, not us
34. IRS Plans a Deduction for Madoff Victims
35. Residential mortgage fraud hit all-time high in 2008
36. For Many Young Irish, First Taste of Hard Times
37. Financial Secrets of the Wizard of Oz
38. Golden Gate Economics

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Tags: AIG, bailouts, depression, Economic Collapse