Tuesday, June 28, 2011

$1 Billion That Nobody Wants : NPR

Unused one-dollar coins have been quietly piling up in Federal Reserve vaults in breathtaking numbers, thanks to a government program that has required their production since 2007.

And even though the neglected mountain of money recently grew past the one billion mark, the U.S. Mint will keep making more and more of the coins under a Congressional mandate.

FULL ARTICLE: $1 Billion That Nobody Wants : NPR

Thursday, June 16, 2011

US Real Estate: Foreclosure Effects Are Everywhere

Every time we get the monthly foreclosure numbers from RealtyTrac, I hear someone on TV say, 'Well, the problem is really only concentrated in a handful of states." Yes, the volumes are, the problems are not.

US Real Estate: Foreclosure Effects Are Everywhere — CNBC Realty Check - CNBC

2-Year Greek Bond Yield Hits 28.15%

If a country goes bankrupt, can another country buy it ? and who would want to ??

Mish's Global Economic Trend Analysis: 2-Year Greek Bond Yield Hits 28.15%

Tuesday, June 14, 2011

The Southern California housing spring that never was.

Median price for a Southern California home falls by 8 percent year-over-year. Sales collapse by 17 percent pointing to future problems.

The Southern California housing spring that never was at Dr. Housing Bubble Blog

Friday, June 10, 2011

Home price plunge coming - Shiller - Jun. 9, 2011

NEW YORK (CNNMoney) -- In an off-hand remark before cameras and microphones, economist and housing market guru Robert Shiller opined earlier this year that he would not be shocked if there was another 10% to 25% in the nation's home price plunge -- and he's not backing down from that statement.

Home price plunge coming - Shiller - Jun. 9, 2011

Readers Poll: The Best Neil Young Songs:

Readers Poll: The Best Neil Young Songs

Thursday, June 09, 2011

For Many, It's Still A Good Time To Buy A Home : NPR

Time to Rent or Buy? Depends Where You Live
This chart shows the percentage difference between the average monthly rent and mortgage payment for a median-priced, single-family home in communities across America. For example, in San Jose, Calif., the monthly mortgage payment averages $2,600, while rent is about $1,000 less. That's about 60 percent cheaper. But in Cleveland, it's the opposite. The average rent is about $750 per month, while the cost of buying is $420, or about 44 percent less.

For Many, It's Still A Good Time To Buy A Home : NPR

A doodle for an instrumental inventor

A doodle for an instrumental inventor: "The electric guitar brings back memories for me of exchanging riffs with friends and wearing out cassette tapes as I meticulously learned songs. Today, we’re attempting to recreate that experience with a doodle celebrating the birthday of musician and inventor Les Paul.



For the next 24 hours on the Google homepage, you’ll find an interactive, playable logo inspired by the guitar developed by the Rock and Roll Hall of Fame inductee that made the sound of rock and roll possible.



As well as his guitar work, Les Paul experimented in his garage with innovative recording techniques like multitracking and tape delay. In keeping with this spirit of tinkering, those of you in the U.S. can click the black “compose” button to record your own 30-second track. Just strum the strings or trigger notes with the letters or numbers on your keyboards. Clicking the button again will display a link to share the songs you’ve made. (For example, here’s a little tune I put together.)



If you’re curious, the doodle was made with a combination of JavaScript, HTML5 Canvas (used in modern browsers to draw the guitar strings), CSS, Flash (for sound) and tools like the Google Font API, goo.gl and App Engine.



I hope you have as much fun playing with and sharing the doodle as we did making it (special thanks to engineers Kristopher Hom and Joey Hurst and doodle team lead Ryan Germick for their work). Crank up your computer volume and make some music!



Posted by Alexander Chen, Designer (and musician), Creative Lab


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