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Reason #25 the Economy Sucks.

(For reason #24, see Chris’ Twitter feed on his site.) Back in the day, around 2002 or so, I wondered aloud whether anyone knew of any Starbucks that had actually closed.  I was walking through the Financial District in San Francisco at the time and one of my companions said he saw where one had [...]

Foreclosure city.

This comes as no surprise. Think it is an anomaly? I doubt it. This is what you get when you have grossly high housing prices, exuberant lenders and desperate borrowers: In Sacramento County during the second quarter of this year, the number of homes going into foreclosure stood at 1,866. That compares to 857 foreclosures [...]