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	<title>BuyLow.com News &#187; economic crisis</title>
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		<title>Do the banks before they do you</title>
		<link>http://buylow.com/the-news/2009/12/01/do-the-banks-before-they-do-you/</link>
		<comments>http://buylow.com/the-news/2009/12/01/do-the-banks-before-they-do-you/#comments</comments>
		<pubDate>Tue, 01 Dec 2009 00:06:06 +0000</pubDate>
		<dc:creator>sidd</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://buylow.com/the-news/?p=645</guid>
		<description><![CDATA[Underwater on the mortgage ? Walk away ! Of course the banks are furious at the suggestion that their debt slaves follow their own practices. 
&#8221; Norms governing homeowner behavior stand in sharp contrast to norms governing lenders, who seek to maximize profits or minimize losses irrespective of concerns of morality or social responsibility. This [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Money Pit in Sand</title>
		<link>http://buylow.com/the-news/2009/11/30/money-pit-in-sand/</link>
		<comments>http://buylow.com/the-news/2009/11/30/money-pit-in-sand/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 17:29:11 +0000</pubDate>
		<dc:creator>sidd</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://buylow.com/the-news/?p=637</guid>
		<description><![CDATA[Built on slave labor and borrowed money,  an extravaganza of opulence and misery is set to echo Shelley&#8217;s &#8220;Ozymandias.&#8221; Now all the money is gone, the slaves flee, and  kleptocrat rulers fight usurious moneylenders in a background of half built dreams and pooling sewage.
Couldn&#8217;t have happened to a nicer buncha thieves. 
Soon, as [...]]]></description>
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		<title>Judge Rules Against Bank&#8217;s &#8220;Repulsive&#8221; Behavior</title>
		<link>http://buylow.com/the-news/2009/11/27/judge-rules-against-banks-repulsive-behavior/</link>
		<comments>http://buylow.com/the-news/2009/11/27/judge-rules-against-banks-repulsive-behavior/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 15:12:38 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[adjustable rate]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[judge]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[sub-prime]]></category>

		<guid isPermaLink="false">http://buylow.com/the-news/2009/11/27/judge-rules-against-banks-repulsive-behavior/</guid>
		<description><![CDATA[In a very unusual legal decision, Judge Jeffrey Spinner ruled against a California bank that he said behaved in a &#8220;harsh, repugnant, shocking and repulsive&#8221; manner.
The ruling against OneWest and the IndyMac mortgage division has relieved the homeowners of their $291,000 original mortgage, as well as, $235,000 in interest.
The judge wrote that OneWest&#8217;s conduct was [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Donald Trump:  The Art Of A Steal</title>
		<link>http://buylow.com/the-news/2009/08/05/donald-trump-the-art-of-a-steal/</link>
		<comments>http://buylow.com/the-news/2009/08/05/donald-trump-the-art-of-a-steal/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 20:12:17 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Atlantic City]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[casinos]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[NJ]]></category>

		<guid isPermaLink="false">http://buylow.com/the-news/2009/08/05/donald-trump-the-art-of-a-steal/</guid>
		<description><![CDATA[Atlantic City, NJ &#8212;  Someone recently asked me, &#8220;How did Donald Trump get all his money.&#8221;  The reply, &#8220;Taking everybody else&#8217;s money by going public with a company.  Then, watching the people lose all their money while the company goes bankrupt.&#8221;
Now, The Donald is adding another twist by buying back the bankrupt [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Stress Test Causes Stress</title>
		<link>http://buylow.com/the-news/2009/05/06/stress-test-causes-stress/</link>
		<comments>http://buylow.com/the-news/2009/05/06/stress-test-causes-stress/#comments</comments>
		<pubDate>Wed, 06 May 2009 13:34:19 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[stress test]]></category>

		<guid isPermaLink="false">http://montnews.com/wordpress/2009/05/06/stress-test-causes-stress/</guid>
		<description><![CDATA[Washington, DC &#8212; An inside source has said that Bank Of America is likely to need an additional $34 billion.  This comes after their CEO, Kenneth Lewis, said, &#8220;We absolutely don&#8217;t think we need additional capital.&#8221;
The stress test is a U.S.A. government plan to examine the health of banks. The results expected to be [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bailout? What Bailout?</title>
		<link>http://buylow.com/the-news/2009/04/24/bailout-what-bailout/</link>
		<comments>http://buylow.com/the-news/2009/04/24/bailout-what-bailout/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 16:55:11 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://montnews.com/wordpress/2009/04/24/bailout-what-bailout/</guid>
		<description><![CDATA[Washington, DC &#8212; There is a misplaced belief that the US government is bailing out big business and financial institutions; however, bailing out is probably not a good way to describe the arrangement.
Many of the small and medium sized banks did not want to take Troubled Asset Relief Program (TARP) money.  At the time, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Oboma Budget Bad Business</title>
		<link>http://buylow.com/the-news/2009/03/28/oboma-budget-bad-business/</link>
		<comments>http://buylow.com/the-news/2009/03/28/oboma-budget-bad-business/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 16:02:21 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[federal budget deficit]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[the economy]]></category>

		<guid isPermaLink="false">http://montnews.com/wordpress/2009/03/28/oboma-budget-bad-business/</guid>
		<description><![CDATA[The world has been waking up and raising a voice against President Oboma&#8217;s budget and stimulus plans.  How can you spend, spend, spend money you don&#8217;t have?  Who will pay back the debt?
The European Union has taken a stance against the massive amount of spending.  The head of the EU, Czech Prime [...]]]></description>
		<wfw:commentRss>http://buylow.com/the-news/2009/03/28/oboma-budget-bad-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank Failures Increase Worldwide</title>
		<link>http://buylow.com/the-news/2009/02/16/bank-failures-increase-worldwide/</link>
		<comments>http://buylow.com/the-news/2009/02/16/bank-failures-increase-worldwide/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 14:36:16 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[economy]]></category>

		<guid isPermaLink="false">http://montnews.com/wordpress/2009/02/16/bank-failures-increase-worldwide/</guid>
		<description><![CDATA[by widgette.com
Bank failures continue to escalate over the face of the globe.  Four more US banks were closed by regulators in Nebraska, Florida, Illinois and Oregon.
In the UK, Lloyds is already 43.5% government owned after having to seek assistance last fall.  Now, they face $14.2 billion loss.  At the same time, they [...]]]></description>
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		<slash:comments>0</slash:comments>
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