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You don't have to be a Nostradamus to see that as long as this economy, and those in Asia and Europe, too, continue to bleed jobs, all the quantitative easing and printing of money won't help money circulate freely. We're in a death match where Bernanke is attempting to stem deflation, but...

At the risk of getting uber political, totally agree with Landis. The one exception I may make from his list is Whitman -she was the least imbecilic and/or criminal of the gang that couldn't shoot straight. Paulson was not an idiot, just a bald (and bald) faced liar, criminal. Rice was...

I agree that equilibrium exists somewhere; the relevant issue raised by the article I posted and given current events is where that equilibrium level will shake out at the end of the day. Did you notice all those fixed costs associated with that Equity Properties portfolio? Their costs are...

One Year Ago: Bernanke Says No Recession <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/fW7Bb07WV88&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

The most interesting part is where that clearing price will end up. It's 19% to 25% less now, but what will it be next year?

Isn't Bernanke out of ammo, literally? What's he going to do, take the funds rate to negative territory? is he going to engage in an orgy of quantitative easing on top of what's already been done, in collusion with Treasury?

I will see your $100 and raise you. Obama did the right thing in shifting troops from Iraq to the border between Afghanistan and Pakistan. Me thinks he knows that we're going to need a large expeditionary force if the SHTF, which it increasingly looks likely to do... I have to give...

G_d damn Jew bakers. I knew it.

I hate to sound 'all CT,' but the very undeniable truth of the matter is that Obama is owned by the same group of internationalist assholes that own all our Presidents. C'mon, it's true, and we all know it. We may as well have Freemasons run the country. All for one and one for all...

If we have widespread social unrest in the U.S., and I honestly believe many of the areas will, look for massive gunfights. Thankfully, the good guys have armed themselves to the teeth over the last decade, and won't hesitate to protect their property and, especially, loved ones, when the...

http://www.crainsnewyork.com/article/20090324/FREE/903249973 March 24, 2009 3:46 PM Big landlord takes hit on falling apt. rents Equity Residential, a Chicago-based real estate investment trust that owns 47 apartment buildings in the New York area, has chopped charges by nearly 20%. By...

http://www.crainsnewyork.com/article/20090324/FREE/903249973 March 24, 2009 3:46 PM Big landlord takes hit on falling apt. rents Equity Residential, a Chicago-based real estate investment trust that owns 47 apartment buildings in the New York area, has chopped charges by nearly 20%. By...

Maybe surf would beg to differ, but I have it on good word that layoffs are worse than even what's being reported in NYC right now. Look for the vacancy and eviction rates to rise much more from here. Mayor Bloomberg is reportedly frazzled trying to cook up a feasible plan to raise revenue...

That's right. You can bet there are the very best and highest ranking officials sweating out some sort of game plan, 24/7, in the White House and at the Pentagon. This is probably the biggest threat to regional security in the middle east and to the U.S. itself since the Cuban Missile...

No, but he actually manages to piss me off more with each successive mouth opening event, because he's now deep into the spider web. He could have just tried a dose of honesty beginning last year, but lied in many ways about economic conditions, and then told his whopper today about how he...

Let's not take this too far into politics, but let's agree on the following: 1) Obama won an overwhelming majority of the New York City vote (probably 80% plus easily); and 2) The things in place that are leading to economic failings were in place in the last administration, and are...

First he states that he never told Ken Lewis to remain quiet, and then he talks up the economy, claiming the recession will end this year when he knows damn well the worst is yet to come. http://www.bloomberg.com/apps/news?pid=20601087&sid=aBbRzOM34Cj8&refer=home

There are 13 million unemployed now, fellas, with another 11 million Americans looking for full time work. 15-17 million unemployed within 12 to 18 months is not at all impossible; in fact, some may claim it's potentially likely. First, let us break down the numbers: Civilian...

As hayman says, inflation in a stagflationary environment acts as a drag on employment.

And the U.S. now has over 13 million (officially) unemployed and 11 million underemployed. Those are official figures, so it's entirely clean to factor an additional 25% that official measurements fail to pick up, so that would put us at 16.25 million unemployed and 13.75 million...