Metropolis Opinion

“Lack of funding is the biggest problem facing the housing market right now, according to the analysts, with subprime and Alt-A securitized markets shutting down and banks being forced to cut their mortgage lending dramatically due to capital constraints. So-called Alt-A loans are made to borrowers with less than prime credit ratings but who are above subprime.”

The highlight is taken from Reuters News Mail letter.

My previously posting on Jacky’s Opinion, Job losses in America; one of multiplier effect from Subprime Mortgages in America, I have told about economic theory explain the case with simple assumption, Constant Oil Crude Price and Businessmen take Capital From Loan.

Actually this post is quite well the same with my post in Jacky’s Opinion, but we focus on Loan, Bank, Mortgage and Economic Crisis. After Subprime attacked Banks and Property Investors, Banks have already been booked (yellow flag), more careful to accept new loans. The complication goes to worst because the multiplier effects are spread any sectors. Full Article »

I have been subscribing news letters from huge and top newspapers, Reuters my favorite, LA Times, my opinion came from, and New York my business idea came from. I try to out amazing news from them so you can read it easily.  Follow those link to go to the main source to read all news you want.

Today’s Headlines on Los Angeles Times

• New generation of L.A.-area Latino leaders aren’t as friendly toward ‘amigo stores’

By Hector Becerra

Cities like Baldwin Park are turning away from ethnic-oriented retail projects in favor of mainstream businesses. Starbucks is welcome.

• Account of cash for Olmert rivets Israel

By Richard Boudreaux

The testimony of a U.S. contributor that he gave the future premier cash increases the sense among Israelis that Olmert’s days are numbered.

• Supreme Court gives workers protection from retaliation

By David G. Savage

The justices rule that employees who say they were punished for complaining of bias can sue for damages.

• Senate Republicans block plan to improve medical care in California prisons

By Michael Rothfeld

Federal receiver could take $7 billion from state rather than borrow money if Republicans don’t change their minds.

• Lead exposure in children linked to violent crime

By Thomas H. Maugh II and Marla Cone

A study finds that even low levels can permanently damage the brain. The research also shows that exposure is a continuing problem despite efforts to minimize it.

• Tagger whose work allegedly appears on YouTube is arrested

By Andrew Blankstein

‘Buket’ is responsible for $150,000 in property damage in the L.A. area, authorities say.

Today Business on New York Times.Com

• Realtors Agree to Stop Blocking Web Listings

By THE ASSOCIATED PRESS

The agreement settles a Justice Department lawsuit against real estate agents who were accused of illegally blocking Internet-based brokers from accessing home listings. Full Article »

Oil Supply is running low, We must to think about it!

 China’s resurrection has been establishing since ten years ago. Now, China woke up as a new wild tiger and tries to eat all his victims. China followed his neighbor Japan; imitate Japan strategies to be Modern Country, Top industry and Asia Leader in Economic, Asia Tigers.

Now, China’s products have been spread to all countries; America, Japan, European, Asia and Indonesia. The China Resurrection made all rich countries scare because China’s products are very competitive in pricing.

Besides making industrial countries scare, Rich Countries look China as a potential investment field. Japan has been changing his face to China. Japan declined his Investment in East Asia (ASEAN) and increases his money in China.

While many new industries move to China, demand on oil also increases. Without investment (foreign direct investment in china), demand on oil is still high because China has two billions people. Full Article »

Today, oil makes its new record again. Oil runs to $120 per barrel. The main factors behind the new record are USD weak against Euro and Sabotage in Nigeria. If we look back, when governments worried when Oil ran close to $100 per barrel then $108 per barrel, some day before $112 per barrel and $118 per barrel, and hold at $120 per barrel today.

Some week ago, we got good news from Brasilia that they have found the new oil mine. The new oil mine can supply more then 20 percent of OPEC supply. The new made oil price declined to $112 per barrel. Now bad news comes.

Why oil price is too sensitive? When Oil Price was running high and high, the factors didn’t come from the supply, but Stock Exchange did. Investor took profit; Dollar was declined against Euro and some major currencies.

Why Dollar is too sensitive to make Oil Price fluctuating? Why we still use Dollar as Oil Price? Why not Euro or Japan Yen?

The question had been asked to my lecture in university. Why we still use Dollar as the measurement of Oil Price? I said. Actually I didn’t get best answer from him? I read the television; some analysts said that the main factor why we still use USD as Oil Price is because Dollar is transparent and more fluctuating currency if we combined with others.

I wish my confused cleared. If readers know the answer, please tell me. Full Article »

Intel Co Goes to Taiwan

Couple years before, I heard gossip about Microsoft will invest their money in Indonesia but the plain was stop because Indonesian government declined the offers. The government claimed that they still focus on agriculture and industry-agriculture, didn’t interest to Intel Co offering.

Today, we have good news for Taiwan and bad new for Indonesia. Intel Co decide to invest in Taiwan around $ 500 Million USD and not in Indonesia. Suppose that $ 500 Million enter to Taiwan, and also transfer technology such as input (machine, Skill Labor, Land). While the government has devise, their labor also get advantages especially skill labor. Full Article »

Government has responsibility to education, formal education through make a good decision in law and rules in order to all citizens have full access to education to avoid and to decrease blind people, decrease poor people. Education in many cases is related to how to increase income per capita.

When social benefit is larger than social cost, government has success, although government has loss in money. I have learned at welfare countries, learn about how they services in education and the education create multiply effect to others. 

Investment to people on education is believed for experts, governments, World Bank that education is the best way to solve all problems in poor countries and also rich countries. 

For example, Full Article »