Home mortgage debt risks rise warns Earley report
Sylvia Porter notes a postwar real estate boom fading as Foreclosure and delinquency rates climb, signaling trouble ahead. Earley’s study cites rising loan to value ratios, lengthening maturities, and higher vacancy, urging preemptive safeguarding actions by lenders and authorities.
MENTIONED IN THIS ARTICLE
New York
National Bureau of Economic Research
James Earley
University of Wisconsin
Earley
Baker Attacks President's Revenue Bill at Rotary Club
Russell Baker, Chicago attorney, criticized President Kennedy's revenue bill at the Rotary Club meeting at the Sheraton-Montrose. He called the proposal a complete reversal of 50 years of U.S. tax policy and argued the bill would tax United States income earned abroad.
MENTIONED IN THIS ARTICLE
Kennedy
United States
Russell Baker
Chicago
Rotary Club
Sheraton-Montrose
Baker
Trade expert attacks Kennedy tax plan in Cedar Rapids talk
Baker argues U S companies face unfair taxes abroad and lax foreign tax rivals. He says U S gold deficits come from military and aid payments, not capital abroad, and that taxing foreign source income harms American jobs despite administration claims. He urges Rotarians to contact congressmen.
MENTIONED IN THIS ARTICLE
Baker
Kennedy
U. S
Cedar Rapids
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By Sylvia Porter
FHA
John Ve
Becker
Becker Comany
Third Street
S.E
Iowa
New Kenmore
Sears Kenmore
Sears
Lindale Plaza
America
Japan
Switzerland
Medical Arts
Second Avenue SE
Erat
BSR
Burlington
Sali
16Th Ave
General Electric
Third Ave
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