Day June 2, 2004

Draft 2005 There is pending legislation in the American House of Representatives and Senate in the form of twin bills – S89 and HR163. These measures (currently approved and sitting in the committee for armed services) project legislation for spring…

Debt bubble about to burst Jim Jubak, at MSN MoneyCentral is no alarmist. But he’s concerned about the debt bubble. Here’ some of the reasons why. In the first quarter of 2004, 53% of all mortgages were adjustable rate. When…