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Thanks for posting this. I have trouble not believing well placed executives absolutely doubt any economic recovery given the massively disproportionate ratio of selling to buying (31 sales for every 1 buy) taking place. Alone, this would be ominous enough, but given the data on rail...

http://www.bloomberg.com/apps/news?pid=20601039&sid=aP4uPeND1UH4 Beware Bankers Spinning Story of Smooth Results: David Reilly Share | Email | Print | A A A Commentary by David Reilly Sept. 11 (Bloomberg) -- The financial results that companies give investors are supposed to paint a...

People who might not have previously asked for help are now turning to such programs as food stamps. New York City has seen a 40% surge in food-stamp recipients who aren't receiving other kinds of aid, an indication many low-income workers are reaching out for aid, said Robert Doar, commissioner...

New York is recession proof! Green shoots! http://www.bloomberg.com/apps/news?pid=20601093&sid=abzOSdFMyek8 http://business.theatlantic.com/2009/09/is_gotham_falling.php http://business.theatlantic.com/2009/07/the_decline_of_gotham.php...

This guy, Duval, is a douche x2.

New Highs? I could've sworn it was about 50% higher just two years ago WHICH MEANS YOU ARE STILL STUCK BIG TIME YOU PERMABULL BAGHOLDER! :cool:

We'll see. I kept telling you nutcases the SCOTUS would never hear this issue when you were telling me it was inevitable, and I'm telling you this case will go nowhere, also.

I was indeed partially lucky when I completed a lot of the sales I did on land I had bought that literally had risen 12 fold in often times a short, 4 or 6 year period. In fact, a few sales near the end of 2007 almost fell through as the buyers either had cold feet or ran into financing...

Blah blah blah. You are just bitchy and moany because you missed the commercial real estate boom - the one where I was selling property for $450k to $800k per acre (I'm too wracked with guilt to tell you what I paid the farmer for the same land). Timing is everything, piker. :cool:

Wealthy Families Face Bankruptcy on Real Estate Crash (Update1) Share | Email | Print | A A A http://www.bloomberg.com/apps/news?pid=20603037&sid=a6l3xr8MUE08 By Jeff Plungis Sept. 9 (Bloomberg) -- Wealthy individuals’ Chapter 11 bankruptcy filings jumped 73 percent in the second...

The Sovereign Society Wednesday, September 9, 2009 Bankster Economics 101 Politicians, Bankers Show their True Colors When Challenged By Bloomberg… “Give this job to Clemenza. I want reliable people, people who aren't going to be carried away. I mean, we're not murderers, in...

Another massive "family values" preacher hypocrite.... Par for the course in these sad days...

Green shoots! That's only an annualized foreclosure rate (6 months running now) of 3,600,000 homes, and the best part is that there's a shadow inventory in the wings, not listed yet for a variety of reasons. No one knows how many foreclosures there will be at this point. It could be...

Thanks for posting that. There are differing accounts of the context (IMO, that child looks close to dying - and no one can dispute that she's staving to death based on presentation). Either way, the visual impact of that small child's physical state, as captured by the lens, makes a...

http://www.factcheck.org/elections-2008/born_in_the_usa.html They have high res image scans of the birth certificate. This section is for the true and real fruit loops among you, such as jficquette: "It is possible that Obama conspired his way to the precipice of the world’s biggest...

Who can blame her? Ordinary Americans, even savers and responsible ones, get the shaft (as yields on savings fall as a subsidy to banks), very few homeowners who are sincere in reworking their mortgages to try and save their homes can even get their lenders to call them back, and millions of...

I've sold more property than you'll ever own, piker. :cool: To the people not making imbecilic comments, this just goes to show everyone that leverage is baaaad, and leverage during a boom is downright catastrophic. I've been told by several people here that Manhattan was/is immune...

Buyers of Huge Manhattan Complex Face Default Risk http://www.nytimes.com/2009/09/10/nyregion/10stuy.html?hpw By CHARLES V. BAGLI Published: September 9, 2009 Three years ago, the sale of the 110 red-brick apartment buildings at Stuyvesant Town and Peter Cooper Village in Manhattan...

China can't afford a weak USD, not now, not ten years from now. It will kill their exports, and their domestic consumers are not nearly ready to compensate for that loss, and it will also kill massive holdings of US dollars. Look for a concerted intervention among nations of the world to...

Do you ALWAYS drink the Kool-Aid?