Entries from Bostonist tagged with 'debt'
July 20, 2008
Photo by RichSeattle, used with permission If thinking about your credit card bill makes your head hurt, you should probably read a few of these articles. Right now. Or else they'll get 20% longer by next month. Frank Rich shares his thoughts on John McCain's economic incoherence, declaring that "The McCain-Gramm bond, dating back 15 years, is more scandalous than Mr. Obama’s connection with his pastor, the Rev. Jeremiah Wright." In the midst of......
Continue Reading "News You Can Chew On: Economic Edition"July 14, 2008
In addition to Fannie and Freddie's mortgage meltdown, there are other real estate problems going on in Boston: the Turnpike doesn't has the money to fulfill its duties, and can't take advantage of its real estate, either. The pike has a $100 million budget deficit, and Big Dig payments are coming due, but it doesn't look like it'll be able to take advantage of its prime real estate anytime soon. Theoretically, it should be possible......
Continue Reading "Fannie's Not Alone: Pike Real Estate Problems"