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AG says gas prices top issue  Illinois Attorney General Lisa Madigan announced Thursday that for the first time in history, gasoline pricing was number one on the Illinois Attorney General's Top 10 Consumer Complaint list.read more...


Ahead of the Bell: Mortgage Applications (AP via Yahoo! Finance)   Home-loan data to be released Wednesday will show whether mortgage applications declined for the third-straight week as interest rates rose.read more...


Week-to-week mortgage application filings down 11.1% (Market Watch)  Despite a modest drop in interest rates, the volume of mortgage fall a seasonally adjusted 11.1% on a week-to-week basis, according to the Mortgage Bankers Association.


Ashford Hospitality Trust to Recycle Capital With Sale of Eight Resid...  Eight non-core properties to sell for $102 million Sale boosts yield on remaining assets from 30 property portfolio Total gross proceeds from all non-core sales to reach $128.5 million DALLAS,


A mortgage not for faint of heart (The Charlotte Observer)  A mortgage product is emerging that could be beneficial for people who want to own their homes more quickly and save on interest. Let me say up front -- this

November 26th, 2005

Liberating Sovereign Credit for Domestic Development - Part I: The Curse of Dollar Hegemony

Persistent US fiscal deficits forced the abandonment in 1971 of the Bretton Woods regime of fixed exchange rates linked to a gold-back dollar.

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