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Archive for February, 2010

Hawaii returns to normal after tsunami scare – MSNBC

February 28th, 2010

Hawaii tourism officials hope the publicity churned up by the tsunami that struck the Aloha State Saturday afternoon won’t keep visitors from coming to the island. The state has been struggling to recover from the recession and a dramatic drop-off …

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What Hong Kong Is Doing Right – Wall Street Journal

February 28th, 2010

Televisions here broadcast scenes of crowds jostling to buy apartments in vast residential complexes. Developers compete to pay huge sums for newly released plots of land. These recent developments are familiar signals in Hong Kong, this land of …

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Building Wealth With Real Estate Investing – Three Simple Strategies – PRLog (free press release)

February 28th, 2010

Building wealth with cash flow properties is a simple concept. However, looking for a high rental yield property takes some time and education. Focus on looking for properties in high demand areas with higher than average rental yields. This is …

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Nevada Nears Budget Deal – Wall Street Journal

February 28th, 2010

Nevada legislative leaders and the governor reached a tentative agreement Saturday night to close an $887 million budget gap, and they hoped to finalize it on Sunday. That deficit—22% of the state’s two-year budget—has proved especially …

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Recession for Whites; Depression for People of Color – DAILY KOS

February 28th, 2010

While others attempt to use President Obama’s race as a means of avoiding criticism through white liberal guilt, I would like to take this time to discuss the economic stats regarding people of color as it relates to the economy. My thesis is simple …

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Recovery is slowing – Jackson Sun

February 28th, 2010

But it won’t feel like much of a recovery this year amid high unemployment, record-high home foreclosures and tight credit. Stuart Hoffman, chief economist at PNC Financial Services Group … losing his job in October, Kevin Young, 44, has been …

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Economy grew at brisk pace – Omaha World-Herald

February 28th, 2010

Home foreclosures are at record highs. And many Americans are still having trouble getting loans. Forecasters at the National Association for Business Economics predict the economy will expand at only a 3 percent pace in the first quarter of this …

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Fortress wins new extension of foreclosure auction. – Denver Post

February 28th, 2010

Fortress Investment Group LLC, whose ski-resort operator Intrawest ULC owns Olympic Alpine skiing venue Whistler Blackcomb, won a second extension from creditors of a foreclosure auction that had been scheduled for today, said a person with knowledge …

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Raise taxes that affect everyone on an equal basis – Las Vegas Sun

February 27th, 2010

Every public employee who is laid off equates to another home foreclosure within six months. But raising the state sales tax by 1 cent will adversely affect no one. Raise the gas tax by 10 cents, and raise the state’s property tax by 10 percent.

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Brisk 5.9 percent growth in Q4 will likely fade – News On 6

February 27th, 2010

Home foreclosures are at record highs. And many Americans are still having trouble getting loans. Forecasters at the National Association for Business Economics predict the economy will expand at only a 3 percent pace in the first quarter of this …

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