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Foreclosures and Housing Values and the Need for a Rescue Fund

Brady wrote earlier about the need for a well-stocked rescue fund, and talked a little bit about why everyone should care about the crisis in subprime lending.First though, let me just say that this is...

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Subprime Lending in Philly: Same Old, Same Old

Today the Federal Reserve cut interest rates by .75 of a percentage point. Everywhere you look, the subprime lending crisis appears to be hurtling the US into a recession. Newspaper stories talk about...

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