Banks 'use credit crunch to milk borrowers of £3bn'

UK: Banks were accused of 'milking' nearly £3billion extra cash from homeowners and blaming the credit crunch.

http://tinyurl.com/6j2fme



Lone accountant takes on IRS and wins

It took seven years, but Charles Ulrich did something many people dream about, but few succeed at: He beat the IRS in a tax dispute. Not only that, but tax experts say potentially millions of other taxpayers could benefit from his victory.

http://www.denverpost.com/business/ci_10292128



The big secret in U.S. housing

Taxpayers need answers if billions are to be required in a potential crisis or if Congress and Treasury plan to maintain Fannie and Freddie in their present form. Yet debate in the campaign is negligible.

http://news.yahoo.com/s/csm/20080825/cm_csm/efannie


From Information Clearing House

--------

The Housing Bubble Villains Deny Responsibility

Dean Baker, Truthout: "The central bankers of the world gathered last weekend for their annual meeting at Jackson Hole, Wyoming. This was an opportunity to talk about the major issues confronting the world economy, as well as an opportunity to spend some time in a very beautiful vacation spot."

http://www.truthout.org/article/the-housing-bubble-villains-deny-responsibility



http://freepage.twoday.net/search?q=credit+crunch
http://freepage.twoday.net/search?q=Fannie
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=Dean+Baker

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