This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The “creative” financing of home mortgages and the even more “creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up—and then suddenly collapsed.
The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed.
What to do, now that we are in the midst of an economic disaster, is yet another story—one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.
About this product: The book is an analysis of the controversial Emergency Economic Stabilization Act and explains in easy to understand language what the bailout bill means for individuals. $700 Billion Bailout answers questions such as:
What does the bill say, exactly?
Who is making decisions about how the $700 billion will be spent, and what does it mean now that the government is investing directly in our banks?
Who’s footing the bill?
What is the impact on homeowners, businesses, retirement, and taxes?
Where do I put my money in the meantime?
Veteran reporter Paul Muolo shows both the challenges and opportunities of the credit crisis and proposed bailout, including its impact on:
Mortgages: While rates may be lower, there will be more fees imposed on mortgages. Lenders will be far more cautious in lending, and people who cannot meet their mortgages are likely to lose these homes. This may create a “contrarian” plays in foreclosures and vacation homes..
Stocks and Other Investments: Is now the time to get into the stock market or is it safer to stick with CDs, bonds, and gold?
Taxes: With the tax breaks, there will be less tax revenue leading to a huge shortfall to the government over the next few years.
He will offer insight into these areas and many others, including how the structure of the bailout bill allows for unprecedented authority that has altered the financial landscape, perhaps permanently. Will the plan work, and how we can prevent this from happening again remains to be seen, but with $700 Billion Bailout Paul Muolo gives us a critical tool for deciphering perhaps the most sweeping piece of legislation since the Patriot Act.
About this product: Now updated — America's #1 bestselling home-buying book!
Want to buy a house, but concerned about the market? Have no fear — this trusted guide arms you with Eric Tyson and Ray Brown's time-tested advice and updated strategies for buying a home in current market conditions. You'll discover how to find the right property, make smart financial decisions, and understand the latest lending requirements and tax implications.
New to this edition — new and expanded coverage to help homebuyers take advantage of low home prices, understand the subprime mortgage crisis, obtain a mortgage, and improve credit scores
To buy or not to buy? — weigh the advantages of owning versus renting, get your finances in order, and know how much house you can safely afford
Handle financing — understand your credit rating, navigate the different types of mortgages, and complete all paperwork
Play the real estate game — find the right location and property, assemble an all-star real estate team, and make the most of the Internet's real estate resources
Let's make a deal — negotiate with finesse, make successful offers, inspect and protect your new home, and cover all your bases in escrow
"Invaluable information, especially for the first-time home buyer." —Fort Worth Star-Telegram
"A reference you'll turn to time after time." —St. Petersburg Times
Open the book and find:
Reasons why home prices rise and fall
Hands-on instruction for buying a home in up or down markets
How to pay the price you want
The best mortgage options
A sample home-buying contract
Pros and cons of comparable market analysis
Tips for overcoming mortgage and appraisal problems
The New York Times bestselling Freakonomics was a worldwide sensation, selling more than four million copies in thirty-five languages and changing the way we look at the world.
Steven D. Levitt and Stephen J. Dubner return with Superfreakonomics, and fans and newcomers alike will find that the freakquel is even bolder, funnier, and more surprising than the first.
SuperFreakonomics challenges the way we think all over again, exploring the hidden side of everything with such questions as:
How is a street prostitute like a department-store Santa?
What do hurricanes, heart attacks, and highway deaths have in common?
Can eating kangaroo save the planet?
Levitt and Dubner mix smart thinking and great storytelling like no one else. By examining how people respond to incentives, they show the world for what it really is—good, bad, ugly, and, in the final analysis, super freaky. Freakonomics has been imitated many times over—but only now, with SuperFreakonomics, has it met its match.
About this product: The worlds most widely adopted safety code, the National Electrical Code® (NEC) is now advancing electrical safety requirements with the 2008 edition in an effort to maximize public safety, emergency preparation, and electrical worker protection. With regulations for electrical wiring and equipment in virtually all types of buildings, this new edition responds to industry needs with expanded requirements based on research, new technologies, and recent events. A must-have for anyone involved in electrical design, installation, inspection, and safety, this edition has been updated for enhanced usability in the field, making it ideal for handling on-the-job electrical situations safely and effectively. Delmar, a part of Cengage Learning is pleased to make this authoritative reference from the National Fire Protection Association (NFPA) available directly from us, for the convenience of our customers who work in and around the electrical trades. It may be used independently, or as a companion to any electrical book, including Delmar's best-selling wiring series, as well as our guides to using the NEC®.
The Only Official Guide to the #1 Personal Finance Software
Manage your finances and assets with ease! Quicken 2010: The Official Guide is packed with insider tips and expert techniques for tracking your income, expenses, savings, transactions, investments, and so much more.
Fully endorsed by Intuit, makers of Quicken, this official guide saves you time and money by showing you how to maximize all of the software's powerful capabilities--including new features and hidden gems. You'll get valuable guidance along with information about online resources to help you make strategic financial decisions and plan for a secure future.
Customize Quicken for your preferences
Track your cash flow
Set up Online Account Services
Automate transactions and tasks
Reconcile checking, savings, and credit cards accounts
Track investments and optimize your portfolio
Monitor assets and loans
Manage household records
Reduce debt, save money, and plan for retirement
Simplify tax preparation and maximize deductions
Maria Langer is a freelance writer, helicopter pilot, and long-time Quicken user. A former financial analyst with a degree in accounting, she is the bestselling author of the previous editions of this book.
An innovative, dramatic graphic novel about the treacherous pursuit of the foundations of mathematics.
This exceptional graphic novel recounts the spiritual odyssey of philosopher Bertrand Russell. In his agonized search for absolute truth, Russell crosses paths with legendary thinkers like Gottlob Frege, David Hilbert, and Kurt Gödel, and finds a passionate student in the great Ludwig Wittgenstein. But his most ambitious goal—to establish unshakable logical foundations of mathematics—continues to loom before him. Through love and hate, peace and war, Russell persists in the dogged mission that threatens to claim both his career and his personal happiness, finally driving him to the brink of insanity.
This story is at the same time a historical novel and an accessible explication of some of the biggest ideas of mathematics and modern philosophy. With rich characterizations and expressive, atmospheric artwork, the book spins the pursuit of these ideas into a highly satisfying tale.
Probing and ingeniously layered, the book throws light on Russell’s inner struggles while setting them in the context of the timeless questions he spent his life trying to answer. At its heart, Logicomix is a story about the conflict between an ideal rationality and the unchanging, flawed fabric of reality.
About this product: Hundreds of thousands of humorous Chuck Norris facts have been published, traveled around the globe via the Internet, and gained an international audience of millions. Chuck Norris facts are a quirky, extremely popular Internet phenomenon that has entertained fans from all over the globe. In the last several years, Chuck Norris has been asked repeatedly from the heartland of America to the battlefields of Iraq and Afghanistan, “Which facts are your favorites?” For the first time ever, in The Official Chuck Norris Fact Book, Chuck gives readers not only his favorite “facts,” roundhouse-kicked by the man himself, but also the stories behind the facts and the code by which Chuck lives his life. Fans from every corner of the globe will enjoy both the fanciful and inspirational from one of the world’s great action heroes. This book makes a perfect gift.