Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-55037 Sun, 21 Sep 2014 03:15:21 GMT RealtyTrac's Blomquist: The Foreclosure Crisis is Well Behind Us.  Mandelman: Oh, Shut-up Daren http://implode-explode.com/viewnews/2014-09-20_RealtyTracsBlomquistTheForeclosureCrisisisWellBehindUsMandelmanO.html iehi-feed-54976 Mon, 15 Sep 2014 01:03:26 GMT Why Can't Dave Ramsey Get his Facts Straight on Reverse Mortgages? - Mandelman Matters http://implode-explode.com/viewnews/2014-09-14_WhyCantDaveRamseyGethisFactsStraightonReverseMortgagesMandelmanM.html iehi-feed-54972 Sun, 14 Sep 2014 18:46:06 GMT Are Deutsche Bank & OCWEN Attempting To Swindle A 9/11 Responder? http://implode-explode.com/viewnews/2014-09-14_AreDeutscheBankOCWENAttemptingToSwindleA911Responder.html iehi-feed-54958 Fri, 12 Sep 2014 22:14:45 GMT Foreclosure Activity Rises for Second Straight Month in August: RealtyTrac http://implode-explode.com/viewnews/2014-09-12_ForeclosureActivityRisesforSecondStraightMonthinAugustRealtyTrac.html iehi-feed-54956 Fri, 12 Sep 2014 22:05:40 GMT HSBC to Pay $550 Million to US Housing Authorities to End Mortgage-Related Suit http://implode-explode.com/viewnews/2014-09-12_HSBCtoPay550MilliontoUSHousingAuthoritiestoEndMortgageRelatedSui.html iehi-feed-54952 Fri, 12 Sep 2014 03:13:20 GMT U.S. mortgage applications fall to lowest since Dec 2000: MBA http://implode-explode.com/viewnews/2014-09-11_USmortgageapplicationsfalltolowestsinceDec2000MBA.html iehi-feed-54951 Thu, 11 Sep 2014 15:48:28 GMT Michigan's 'Foreclosure King' Is Trying to Win a Seat in Congress http://implode-explode.com/viewnews/2014-09-11_MichigansForeclosureKingIsTryingtoWinaSeatinCongress.html iehi-feed-54907 Sun, 07 Sep 2014 16:58:30 GMT Struggling Homeowners Are Shouldering The Responsibility Of U.S. Deficit http://implode-explode.com/viewnews/2014-09-07_StrugglingHomeownersAreShoulderingTheResponsibilityOfUSDeficit.html iehi-feed-54901 Sat, 06 Sep 2014 18:22:37 GMT Pssst...Hey Mac, You Wanna Know A Secret On How To Delay Your Foreclosure? http://implode-explode.com/viewnews/2014-09-06_PssstHeyMacYouWannaKnowASecretOnHowToDelayYourForeclosure.html iehi-feed-54899 Sat, 06 Sep 2014 15:46:42 GMT Sorry Max Keiser But The 2nd Housing Crisis Isn't Coming. It's Already HERE! http://implode-explode.com/viewnews/2014-09-06_SorryMaxKeiserButThe2ndHousingCrisisIsntComingItsAlreadyHERE.html iehi-feed-54895 Sat, 06 Sep 2014 14:02:15 GMT Jubilación!  It Means "Retirement" South of the Border. - Mandelman Matters http://implode-explode.com/viewnews/2014-09-06_JubilacinItMeansRetirementSouthoftheBorderMandelmanMatters.html iehi-feed-54894 Sat, 06 Sep 2014 13:54:47 GMT Hipster neighborhoods and the flippers that love them - Dr. Housing Bubble http://implode-explode.com/viewnews/2014-09-06_HipsterneighborhoodsandtheflippersthatlovethemDrHousingBubble.html iehi-feed-54878 Fri, 05 Sep 2014 13:12:25 GMT Want To Stop Your Foreclosure? Act Like Michael Corleone Not Joan Crawford http://implode-explode.com/viewnews/2014-09-05_WantToStopYourForeclosureActLikeMichaelCorleoneNotJoanCrawford.html iehi-feed-54875 Thu, 04 Sep 2014 16:13:23 GMT Keiser Report Ep. 649 w/Aaron Krowne - Housing Generational Shift And Depression Written On The Wall http://implode-explode.com/viewnews/2014-09-04_KeiserReportEp649wAaronKrowneHousingGenerationalShiftAndDepressi.html iehi-feed-54868 Thu, 04 Sep 2014 02:10:43 GMT Loan Modification Misinformation or Lies... I Just Can't Take Much More of This  - Mandelman Matters http://implode-explode.com/viewnews/2014-09-03_LoanModificationMisinformationorLiesIJustCantTakeMuchMoreofThisM.html iehi-feed-54847 Mon, 01 Sep 2014 21:35:26 GMT MFI-Miami To Begin Investigating Student Loan Fraud And Collection Abuses http://implode-explode.com/viewnews/2014-09-01_MFIMiamiToBeginInvestigatingStudentLoanFraudAndCollectionAbuses.html iehi-feed-54834 Sat, 30 Aug 2014 15:45:36 GMT And Here's to You Mr. & Mrs. Robinson -- Will Quiet Title Hold Up in California? - Mandelman Matters http://implode-explode.com/viewnews/2014-08-30_AndHerestoYouMrMrsRobinsonWillQuietTitleHoldUpinCaliforniaMandel.html iehi-feed-54833 Fri, 29 Aug 2014 18:14:24 GMT Michigan Democrats Finally Address Economic Genocide Against Middle Class Homeowners http://implode-explode.com/viewnews/2014-08-29_MichiganDemocratsFinallyAddressEconomicGenocideAgainstMiddleClas.html iehi-feed-54831 Fri, 29 Aug 2014 17:40:26 GMT Falling Housing Prices Are Causing Violent Protests In China http://implode-explode.com/viewnews/2014-08-29_FallingHousingPricesAreCausingViolentProtestsInChina.html iehi-feed-54808 Wed, 27 Aug 2014 15:14:41 GMT Lost in America - Frank Bruni http://implode-explode.com/viewnews/2014-08-27_LostinAmericaFrankBruni.html Conventional wisdom has seldom been so useless, because pessimism in this country isn't usually this durable or profound... Much of this was chillingly captured by a Wall Street Journal/NBC News poll from early August that got lost somewhat amid the recent deluge of awful news but deserved closer attention. It included the jolting finding that 76 percent of Americans ages 18 and older weren't confident that their children's generation would fare better than their own. That's a blunt repudiation of the very idea of America, of what the "land of opportunity" is supposed to be about. For most voters, the national narrative is no longer plausible.

The poll also showed that 71 percent thought that the country was on the wrong track. While that represents a spike, it also affirms a negative mind-set that's been fixed for a scarily long time. As the Democratic strategist Doug Sosnik has repeatedly noted, more Americans have been saying "wrong track" than "right track" for at least a decade now, and something's got to give.

...

The new jobs don't feel as sturdy as the old ones. It takes more hours to make the same money or support the same lifestyle. Students amass debt. Upward mobility increasingly seems a mirage, a myth.

... this isn't just about the economy. It's about fear. It's about impotence. We can't calm the world in the way we'd like to, can't find common ground and peace at home, can't pass needed laws, can't build necessary infrastructure, can't, can't, can't.

In the Journal/NBC poll, 60 percent of Americans said that we were a nation in decline. How sad. Sadder still was this: Nowhere in the survey was there any indication that they saw a method or a messenger poised to arrest it.

]]>