Mortgage Delinquency Rates 90+ Days (Map)

clipped from allamericaninvestor.blogspot.com Mortgage Delinquency Rates 90+ Days (Map)

Original content Bob DeMarco, All American Investor

America's Richest Oilmen

clipped from www.forbes.com Harold Hamm of Continental Resources owns more oil and gas than any other American. And none of it's in the deepwater. In Pictures: America's Richest Oilmen

Global Heat warmest since thorough record keeping began in 1880

Hot.

clipped from dotearth.blogs.nytimes.com The National Climatic Data Center has released its  summary of global climate conditions so far this year and finds that the month of May, as well as the period from January through May, were the warmest since thorough record keeping began in 1880. Here’s the way he summarizes the warming-downpour connection: We cannot say that any of this year’s flooding disasters were definitely due to global warming, and part of the reason for this year’s numerous U.S. flooding disasters is simply bad luck. However, higher temperatures do cause an increased chance of heavy precipitation events, and it is likely that the flooding in some of this year’s U.S. flooding disasters were significantly enhanced by the presence of more water vapor in the air due to global warming. We can expect a large increase in flooding disasters in the U.S. and worldwide if the climate continues to warm as expected.

Why James Cameron Is Diving Deep on Gulf Oil

clipped from dotearth.blogs.nytimes.com In a 20-minute phone conversation on Friday, the film director described the meeting of deep-sea minds, which took place on Tuesday and has resulted in a memo, signed by the participants, that he provided to the Coast Guard and other agencies overseeing BP’s efforts to stanch the seabed gusher. He told me he’ll make the document public once the agencies have had time to review it. Cameron also defended his involvement on the issue and clarified his views of BP, which he said were distorted by media coverage of his talk midweek at a digital media conference. Here are a few of his thoughts: James Cameron, best known as one of the world’s most successful filmmakers, this week found himself slammed in some circles for pulling together a brain trust of underwater technology experts to provide advice to the Obama administration for next steps in the unfolding Gulf of Mexico petro-calamity.

Oil Could Reach Atlantic Coasts (VIDEO)

6,816,000 Americans on the Dole

Sometime you have to look beyond the obvious. Continuing claims for unemployment set a record for the 19th consecudtive week. Nearly 6.82 million American are now receiving unemployment checks weekly. What happens when the benefits run out?

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

In the week ending June 6, the advance figure for seasonally adjusted initial claims was 601,000, a decrease of 24,000 from the previous week's revised figure of 625,000. The 4-week moving average was 621,750, a decrease of 10,500 from the previous week's revised average of 632,250.

The advance seasonally adjusted insured unemployment rate was 5.1 percent for the week ending May 30, unchanged from the prior week's revised rate of 5.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending May 30 was 6,816,000, an increase of 59,000 from the preceding week's revised level of 6,757,000. The 4-week moving average was 6,750,500, an increase of 57,250 from the preceding week's revised average of 6,693,250.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.238 million.

Source Department of Labor

Subscribe to All American Investor via Email

Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

More from All American Investor

• Bond Vigilantes Take over in the Long End (Graph)
• Ten Year Treasury Yield in Orbit (Graph)
• Ten Year Interest Rates Rising (Chart)
  
• Option ARM--The Toxic Mortgage
• Systemic Risk Defined--Too Big to Fail
• Ray Dalio on the current state of affairs in the market
• Roubini Predicts U.S. Losses May Reach $3.6 Trillion
• 60 Minutes -- Cold Fusion

Kindle: Amazon's 6" Wireless Reading Device

Follow All American Investor on Twitter

The Housing and Credit Crisis Explained

This presentation on the Housing and Credit crisis is the best I have seen. It explains everything from soup to nuts.

Each slide contains a graph that is well explained.

They say a picture is worth a thousand words.

Once you get through this, you will understanding the current credit crisis in housing, and what to expect in the years ahead.

If you take the time to view and read this you will be fully informed.

Hit the full screen button in the upper right hand corner of the panel below.

T2 Partners Presentation on the Mortgage Crisis

Publish at Scribd or explore others: Research Business & Economics Finance Non-fiction world culture

Subscribe to All American Investor via Email

Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

More from All American Investor

• Bond Vigilantes Take over in the Long End (Graph)
• Ten Year Treasury Yield in Orbit (Graph)
• Ten Year Interest Rates Rising (Chart)
  
• Option ARM--The Toxic Mortgage
• Systemic Risk Defined--Too Big to Fail
• Ray Dalio on the current state of affairs in the market
• Roubini Predicts U.S. Losses May Reach $3.6 Trillion
• 60 Minutes -- Cold Fusion

Kindle: Amazon's 6" Wireless Reading Device

Follow All American Investor on Twitter

Original content All American Investor