Paper on Fraud; FDIC and Non-Bank Lending; The Fed to Start Watching OBFR Instead of Fed Funds?

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Posted To: Pipeline Press

As one Native American said, “Only a white man would cut two inches from the top of a blanket, sew it to the bottom, and think he has now has a longer blanket.” (Feel free to use that one wherever you like.) Winter is coming, with its increased blanket needs. According to the Census Bureau, while the majority of U.S. households are heated by electricity (39%) or utility gas (48%), 2% rely on wood for heat. Weighing in for the top two counties reliant on wood (with populations of 65,000 or greater) is Apache county Arizona accounting for 61% and McKinley county New Mexico at 39%. On the low end, Nevada county California and St. Lawrence county New York utilize 17% wood heat. Lender Products and Services CALCAP Lending, LLC a leading wholesale lender in the high demand private money…(read more)

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