Daily Archives: December 22, 2009

Gingerbread White House

As seen on Oprah!

Meanwhile, in the real world… Just 87.2% of U.S. mortgages were current in the third quarter, according to the OCC and OTS Mortgage Metrics Report released yesterday. Serious delinquencies jumped to 6.2% of mortgage-servicing portfolios, an increase of 16.7% from the previous quarter. The number of prime borrowers in trouble continues to mount as 3.6% of prime mortgages were more than two months behind on payments, more than double the number in default a year ago. Foreclosures in process reached 3.2%, an increase of 9.4%, with more than 1 million foreclosures in process.

But hey, that’s a pretty cool gingerbread house, eh?



Filed under Obama Administration

Fossil of the Year

You may have seen this momentarily on the news last week, but here’s the whole ceremony where Canada was recognized by Climate Action Network International as being “the absolute worst country” at the COP15 talks — an “honour” that plays remarkably well with most “Conservative” supporters.


Filed under Environmental Policy, STEPHEN HARPER Govrnment of Canada