Washington, D.C. – According to the Mortgage Bankers Association the amount of loan applications dropped by about 2% last week (ending April 1st) on a seasonally adjusted bases. Still, more then 3/5 (61.2%) of all loan applications filed the week of the 1st were for people hoping to refinance their current mortgages, some of...
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Columbia, SC – There is a debate going on in South Carolina headed by Democratic State Representative Wendell Gilliard as to whether or not prisoners should be allowed to use social media sites such as Facebook, Twitter or MySpace. Rep. Gilliard is hoping to get a bill passed which will allow prisoners to be...
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New York City, NY – On Wall St.’s second day of trading since the 8.9 earthquake followed by the 20ft plus high tsunami that struck Japan on March the 11th, stocks around the world plunged. In Japan there was an 19% decline or a 225 point loss in the Tokyo Stock Exchange (Nikkei), the...
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Detroit, MI – Today the automobile manufacturing giant General Motors Co. stated it will be recalling close to 100,000 cars in order to repair a couple of defects. One of the defects might cause the rear axle to malfunction and the other defect is with the air bag on the passengers side of the...
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Washington D.C. - President Barack Obama has canceled his family vacation to Hawaii so he can stay behind to try and gain enough votes in the Senate for a major arms control treaty. The primary obstacles in his way are hesitant Republicans. Elevating the political pressure on the Republican party in order to acquire...
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Netflix is going to have the ability to stream hundreds of episodes from ABC Family stations, such as Disney, through the world wide web. All of this follows after the online video-rental enterprise Netflix closed on a licensing contract with ABC, who in turn is the owner of Disney. Netflix continues to be increasing...
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Washington D.C. – The Republican co-chairman associated with President Barack Obama’s debt commission cautioned other panelists Wednesday “the temperature rising” while they drive politically unstable proposals in order to tame the errant financial debt. Since the commission convened to go over the co-chairman’s demand for increasing the Social Security age of retirement, slashing spending...
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