Archive for the "Current Affairs" Category

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Tom Kalin Interview: Savage Grace

“I was eating a tomato at teatime the other day and it occurred to me that mummy is not dead at all, just very, very mysterious.” Tony Baekland.
Based on the book by Natalie Robins, Savage Grace is a deeply disturbing, psychologically-charged film about Barbara Baekland (played by Julianne Moore), and her only son, Tony (played […]

Mortgage Interest Rates: Up Up And Away

Up up and away. Mortgage interest rates continue on their upward trajectory. 30 Year mortgage rates went from 6.32 to 6.42. 15 year notes rose from 5.93 to 6.02 and 5 year arms rose almost 20 basis point going from 5.7 to 5.89. 1 Year arms rose this week from 5.09 […]

What Happens to America With Expensive Energy?

What happens to an America built on cheap energy when energy is no longer cheap? It’s a question that most Americans do not want to confront. Especially the slick talking politicians.
The fact is that most of the way America was built depends upon cheap energy supplies. The love for the automobile, the vast suburbs that […]

Austin Hipness Moves South

For decades, bumper stickers have adorned cars all over central Austin, proudly proclaiming “78704 More Than just a Zip Code.” The South Austin lifestyle originated there, but as Austin real estate prices rose, and fancy restaurants and shops re-energized South Congress, a migration of hip-ness began. Now, a new bumper sticker is gaining in popularity, […]

Consumers Reported To Be Feeling The Heat From Rising Energy Costs

With Britons continuing to struggle with money, it is important that they take steps to ensure the heat on their financial situation is not turned up even further.
Such is the claim of uSwitch, which reports that despite a series of price increases occurring earlier in 2008, consumers should prepare themselves for at least one more […]

Do You Ever Feel Like God Doesn’t Care

The newly finished roof, leaks, the dog is sick, and I have a chronic back pain that makes it hard to sit in one place for very long. My business is completely dead and the bills are mounting on a pile on top of my desk. In total distress I turn on the […]

Mismanaged American Economy at Great Risk

Bankers, who benefit from the American fractional reserve banking system, never criticize the Fed, especially since it is the lender of last resort that bails out financial institutions when crises arise.
This year the Fed even extended its bailout provisions to Wall Street brokerage firms, like Bear Sterns, but the Fed’s aggressive actions in trying […]

Mortgage Interest Rates Jump Up

After several weeks of staying relatively flat mortgage interest rates jumped up this week. 30 Year mortgage went from 6.09 to 6.32. 15 Year Mortgage moved from 5.65 to 5.93. 5 Year rates went from 5.51 to 5.70. The only rate that was somewhat stable was 1 Year Arms which went […]

Water Meters; Coming To A Street Near You

As utility bills climb to unseen levels it is unsurprising that many people are starting to install water meters to their homes. This is because the old system of having a categorised water bill has become increasingly more expensive as water companies try to increase their revenue. As such, water meters are a way to […]

High Energy Prices Are a Disaster for America

Energy prices are continuing to increase as the global demand for fossil fuels increases, the US Dollar falls in value, and our limited refining capacity is regularly disrupted by hurricanes and flooding.
A major part of America’s current predicament is that America has not taken energy conservation seriously and has not planned well for the […]