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    Housing starts fall back to lowest level in six months

    Green shits!...errr, I mean shoots... Housing starts fall back to lowest level in six months http://www.marketwatch.com/story/housing-starts-stage-broad-retreat-in-october-2009-11-18 October data show starts down 10.6% and building permits off 4% By Greg Robb, MarketWatch...
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    Roubini: "Worst Yet to Come": Hunker down for more massive job losses

    The worst is yet to come: Unemployed Americans should hunker down for more job losses http://www.nydailynews.com/opinions/2009/11/15/2009-11-15_the_worst_is_yet_to_come_unemployed_americans_should_hunker_down_for_more_job_lo.html#ixzz0XE5zmxNl BY Nouriel Roubini Sunday, November 15th...
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    Breaking: # Obama warns of a 'double dip' recession - 10:24 am

    Head, shoulders, knees and toes... ...the middle class better hang on to their ankles. http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200911180857dowjonesdjonline000417&title=obama-warns-of-possibility-of-double-diprecessionfox-news Obama Warns Of Possibility Of...
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    Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’

    I couldn't care less where Spitzer is dipping his wick; he's 100% right, and I wouldn't be surprised if the boys at Goldman Sachs set him up, either.
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    ByLoSellHi exceeds 11K posts but no market decline

    I feel especially honored to be of such importance that Lucrum felt the need to dedicate a thread to me; He never crosses my mind, and I would never think of doing the same. I only hope that Lucrum knows that I am 100% heterosexual, because his PMs to me about wanting to fuck me in the ass...
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    It's Simply Bubble-licious: •China Faces Dangers of Asset Bubbles as Economy Expands

    As a % of GDP, no one, anywhere, is spending as much as China to compensate for a HUGE drop in exports, in an attempt to spike domestic consumption. China is phenomenally bubble-tastic. http://www.bloomberg.com/apps/news?pid=20601087&sid=a4onPeaW_u20&pos=4 China Faces Asset-Bubble Risk...
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    •Private Equity Funding Plunges 62% as Biggest U.S. Pension Reviews Fees

    •Private Equity Funding Plunges 62% as Biggest U.S. Pension Reviews Fees http://www.bloomberg.com/apps/news?pid=20601087&sid=a1Zm6rd4t2pc&pos=2
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    The next bubble is about to descend

    Scrotum breath, you will learn the ugly truth. Have a little faith in my foresight and the depths of your ignorance.
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    The next bubble is about to descend

    This is going to be the biggest story of 2010, 2011 and 2012... ...there are 10 million employees of companies owned by these massively leveraged private equity firms. Just wait until massive defaults on this debt affect unemployment and bank balance sheets. No one is going to tell me...
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    Foxwoods Casinos (one of the largest tribal) Fails to Make Full Debt Payment

    http://www.google.com/hostednews/ap/article/ALeqM5geAg-HNTaHsCFmjXSQ9W23pQUMsQD9C1EL0O0 Foxwoods fails to make full debt payment By JOHN CHRISTOFFERSEN (AP) – 1 hour ago NEW HAVEN, Conn. — Foxwoods Resort Casino, one of the world's largest, has failed to make a full payment on its...
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    NY Fed 'paid AIG banks too much'

    Incompetent assholes.. ...that's what happens when you deal with other peoples' money (i.e. our money). http://news.bbc.co.uk/2/hi/business/8364003.stm
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    Main St anger so intense some say "acts of violence" called for

    I could never imagine such a corrupt system. If I wasn't seeing record stockpiles of oil, copper and other commodities, or stocks trading at dot.com style P/E ratios, I wouldn't believe it. Obama's game plan appears to come out of the playbook of Greenspan. Bernanke is a cunt.
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    Main St anger so intense some say "acts of violence" called for

    Main Street Tells Wall Street, ‘Get a Real Job’: Susan Antilla Share Business ExchangeTwitterFacebook| Email | Print | A A A http://www.bloomberg.com/apps/news?pid=20601039&sid=aQWBajhBATUU Commentary by Susan Antilla Nov. 16 (Bloomberg) -- Wall Street, meet Eric W. Haugaard, a...
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    Mexicans Sending Money to their relatives IN THE UNITED STATES

    Money Trickles North as Mexicans Help Relatives http://www.nytimes.com/2009/11/16/world/americas/16mexico.html?_r=1&hp Sirenia Avendano wept as she spoke of sending money to her sons in the United States. By MARC LACEY Published: November 15, 2009 MIAHUATLÁN, Mexico — During...
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    Wall Street Spins Incredibly Bad Economic News As Effectively as Goebbels

    ...The decline of the dollar and decisions in the U.S. not to raise interest rates have caused “huge” speculation in foreign exchange trading and seriously affected global asset prices, said Liu Mingkang, chairman of the China Banking Regulatory Commission. "The continuous...
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    The Global Oil Scam: 50 Times Bigger than Madoff

    $2.5 Trillion - That’s the size of the global oil scam. It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in "Madoff Units" ($50Bn rip-offs). That’s right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff...
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    Japan Literally on the Brink of Insolvency: Yen To Plunge

    Continued Interest Expense Japan will spend 10.2 trillion yen on interest payments this year, or 26.2 percent of tax revenue, up from 18 percent in 1990 and 18.9 percent in 2004, JPMorgan Chase & Co. of New York estimated in an Oct. 21 report. The percentage may rise to 36.8 in 2014 and...
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    Japan Literally on the Brink of Insolvency: Yen To Plunge

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aulxrM11lEic&pos=6 Swaps Signal Worst Yen Since 2005 as Debt Overwhelms (Update1) By Chris Fournier and Yasuhiko Seki Nov. 16 (Bloomberg) -- The yen is poised for its worst tumble since 2005 as doubts about Japan’s fiscal footing...
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    The next bubble is about to descend

    http://www.nypost.com/p/news/business/the_next_bubble_xgWBulf5HcOUkkpsZz0WoN The next bubble Book: Spike in PE-owned firm defaults ahead By JOSH KOSMAN Last Updated: 5:17 AM, November 15, 2009 It is late 2011, months before President Barack Obama will run for re-election. The US...
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    All That Is Wall Street Is Corrupt

    http://www.bloomberg.com/apps/news?pid=20601039&sid=aSBXFKI5Gvlg Wall Street Makes It Hard to Earn Legal Living: Alice Schroeder Share Business ExchangeTwitterFacebook| Email | Print | A A A Commentary by Alice Schroeder Nov. 13 (Bloomberg) -- A group of university students I spoke to...
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