An AARP study released Thursday challenges the perception that older Americans have been left out of the current real-estate crisis because they have built enough home equity to avoid delinquencies and foreclosure. ...more

September 19, 2008

The turmoil in financial markets is rattling jittery shoppers just as the retail industry prepares for a critical holiday season that already was expected to show the weakest growth in almost two decades. ...more

September 19, 2008

Our elected leaders, both city and county, are laying the foundations for the future by creating ways to raise taxes on us and are doing it with all the vengeance and hatefulness they can muster without regard for voters and taxpayers. Sebring claims they will lower the millage to accommodate the 1-pecent fire assessment fee with a 10-percent cap. If one figures this out, a tax bill of $3,000 will become $3,300, then $3,630, etc. There goes the tax savings we voted on. ...more

September 3, 2008

When your party holds the White House, it's unheard of for a presidential candidate to advertise: "We're worse off than we were four years ago." ...more

August 24, 2008

Well, it looks like business as usual at the Hernando Today with the new editor, Chris Wessel taking over for the retiring editor, with his endorsements for county commission. To refresh your memory, the previous editor nearly ran this newspaper into the ground with his personal vendetta to attack everything and everyone in county government. This previous editor was not content with writing the news, only making the news with his articles and editorials that reeked of half truths and innuendos to sell his "rag" on the street. ...more

August 22, 2008

Congressional leaders and regulators have to be feeling a little like the superhero Batman, as depicted in the stunning blockbuster "The Dark Knight." ...more

August 5, 2008

Rising prices, falling home values, stagnant wages and tight credit. It's a potent combination that has struck the American consumer hard. ...more

August 5, 2008

For many years, Highlands - County has typically been spending about $1.7 million to resurface between 20 to 25 miles and reconstruct from two to five miles of county roads every year. ...more

August 1, 2008

Guess who holds your mortgage now? It's your friendly neighborhood hedge fund. Dozens of hedge funds, private equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans and foreclosed properties around the country. ...more

July 31, 2008

The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac. ...more

July 26, 2008