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- Gov. Bredesen: No plans to bolt for Washington (WMCTV Memphis)
Worsening state economic conditions combined with a Republican takeover of both chambers of the Tennessee Legislature have led to increasing speculation that Democratic Gov. Phil Bredesen might want to bolt for Washington. But that would first require a job offer from president-elect Barack Obama.
- Q: If I'm underwater on my mortgage, does that mean I could lose my house? (Louisville Courier-Journal)
A: Being underwater -- owing more than your house is worth -- certainly isn't a good spot to be in. But if you keep making your payments, you'll be OK. Some estimate that as many as one in six homeowners nationally are underwater on their mortgage. Most of them bought homes in the past few years or put down small or no down payments.
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