| Special Reports |
Litvinenko - By Way Of Deception - Joe Quinn
New Light On The Black Death - Laura Knight-Jadczyk
Signs Supplement: The Flu Threat

Meteorites, Asteroids, and Comets: Damages, Disasters, Injuries, Deaths, and Very Close Calls
Tunguska, the Horns of the Moon and Evolution
Comet Biela and Mrs. O'Leary's Cow
Thirty Years of Cults and Comets
The Hazard to Civilization from Fireballs and Comets
New Light on the Black Death: The Cosmic Connection
Majesterium and the Tipping Point
Something Wicked This Way Comes
The Younger Dryas Impact Event and the Cycles of Cosmic Catastrophes - Climate Scientists Awakening
Forget About Global Warming: We're One Step From Extinction!
| SOTT Focus Listing |
| Articles in Other Languages |
Articles en Français
Artìculos en Español
Artykuly po Polsku
Artikel auf Deutsch
Tekstovi na Srpskom i Hrvatskom
| More SOTT Forums |
Donate once - or every month!
Click here to learn how you can help!
QUOTE OF THE DAY
I wouldn't call it fascism exactly, but [an American] political system nominally controlled by an irresponsible, dumbed down electorate who are manipulated by dishonest, cynical, controlled mass media that dispense the propaganda of a corrupt political establishment can hardly be described as democracy either.
Edward Zehr

The Gladiator: John Fitzgerald Kennedy
John F. Kennedy and All Those "isms"
John F. Kennedy, J. Edgar Hoover, Organized Crime and the Global Village
John F. Kennedy and the Psychopathology of Politics
John F. Kennedy and the Pigs of War
John F. Kennedy and the Titans
John F. Kennedy, Oil, and the War on Terror
John F. Kennedy, The Secret Service and Rich, Fascist Texans

Songs of the Times
MP3's!
More people want house prices to fall than to rise, BBC research has found. That is the surprise finding of the first poll to test the assumption that house price falls are unpopular and therefore politically damaging. Barely a fifth of people want house prices to rise - fewer than the number of people who want them to fall. The poll, specially commissioned by the BBC, found that only 22% said they wanted prices to go up while 28% said they wanted house prices to fall. The poll, carried out by ICM, canvassed 1,005 people over a three-day period from 25 to 27 April. 'Crashproof' Nearly half of the people who responded, or 46%, said they wanted them to stay the same. The findings cast doubt on whether the political and economic damage done by falling prices is as serious as has been feared. The poll was commissioned after makers of the BBC2 TV series The Truth About Property came across a surprisingly large number of people who wanted house prices to drop. The first part of the series investigates the extent to which Britain's homeowners are "crashproof" - meaning they could withstand or even benefit from price falls. Price falls bring economic benefits not just to first-time buyers but to any homeowner who wants to trade up to a larger or more valuable property. The price of the place they are selling may fall. But, all else being equal, the more valuable property they want to buy will fall by a larger amount - meaning they have to borrow less to "climb" the property ladder. Confidence knocked? Economists are concerned that if prices fall too quickly it may knock consumer confidence, already at its lowest for 15 years, leading to reduced spending that could worsen the current economic slowdown. But another finding for the programme questions whether it is house price falls that have damaged consumer confidence - as opposed to other factors such as food, fuel and mortgage payments. Respondents were asked if a fall in house prices of more than 10% would make them more likely to cut back on household spending such as clothes, leisure and groceries. More than 60% of people said it would either make no difference or would make them likely to spend more. Only a minority - 38% - said it would make them more likely to cut back. Nearly a third of homeowners have no mortgage on their homes - meaning no risk of negative equity. And the programme reveals to what extent house prices would have to fall to put the average borrower in negative equity. The Truth About Property is broadcast on Monday, 12 May and Tuesday, 13 May at 2000 on BBC Two. |
Have a question or comment about the Signs page? Discuss it on the Signs of the Times news forum with the Signs Team.
Emails sent to Signs of the Times, Ark, Laura, or Cassiopaea become the property of Quantum Future Group, Inc and may be republished without notice.
Some icons appearing on this site were taken from KDE-look.org, Afterglow, Mayosoft, Everaldo, IconDrawer, VisualPharm, IconFactory, Klukeart, Icons-land, and TpdkDesign.net.
Remember, we need your help to collect information on what is going on in your part of the world!
Send your article suggestions to:
Original content copyright 2008 by Signs of the Times. See: Fair Use Policy