Mortgage, Foreclosure Mess Broadens, Deepens ForeclosureBusinessNews.com: “Foreclosure News the Average Joe Can Use!” According to the MSNBC article, No end in sight for foreclosure quagmire: Four years after a wave of rogue mortgage lending sent the U.S. housing market into the worst collapse since the Great Depression, the devastating flood of resulting foreclosures shows no sign of abating.
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This week on the JOURNAL, Bill Moyers spoke with author Mike Davis for a socialist perspective on the world’s daunting economic situation. Davis referenced a column he wrote for TomDispatch.com.
· by Judith Curry A few things that caught my eye this past week. Changing available energy for extra tropical cyclones and associated convection in NH summer [link] The residence time of Southern Ocean surface waters and the 100,000-year ice age cycle [link] Norwegian Sea ice cover changes were key to past abrupt climate change [link].
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