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http://news.bbc.co.uk/2/hi/business/8214272.stm Check out the U.S., U.K., Japan and India, in particular. Very scary stuff.

http://www.youtube.com/watch?v=Vjp8uroPCuE&eurl <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/Vjp8uroPCuE&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Let this serve as proof that things are not within the government's control; it was by sheer luck that there wasn't rioting and a revolt. And it isn't over yet. Not by a long shot. BTW, Stiglitz is calling for a deep and steep double dip recession. -On the Wednesday and Thursday after...

I'm running ESET NOD32 but if I wasn't, I'd be all over this. ESET and Kaspersky are THE TWO BEST AV Suites, PERIOD. http://www.buy.com/retail/product.asp?sku=209302287 This is 2009, but you qualify for the 2010 upgrade download online once installed, so it's basically 16 months of the...

Unbelievable: Tue Sep 8, 2009 3:02pm EDT WASHINGTON, Sept 8 (Reuters) - Total U.S. consumer credit fell by a record $21.6 billion in July, Federal Reserve data showed on Tuesday, while June's decline was bigger than previously thought. July consumer credit outstanding fell at a 10.4...

You're not alone. My cousin works at Loyola and sees applicants from Harvard, Yale and just about every other Ivy League School applying for even low-paying positions, regardless of their degree (e.g. MBAs, etc.) or GPA, because they literally can't buy a job in the private sector.

Unbelievable: Tue Sep 8, 2009 3:02pm EDT WASHINGTON, Sept 8 (Reuters) - Total U.S. consumer credit fell by a record $21.6 billion in July, Federal Reserve data showed on Tuesday, while June's decline was bigger than previously thought. July consumer credit outstanding fell at a 10.4...

http://www.nytimes.com/aponline/2009/09/08/business/AP-US-Harrahs-Entertainment-Finances.html Harrah's Offers $720M in New Notes to Repay Debt By THE ASSOCIATED PRESS Published: September 8, 2009 Filed at 2:43 p.m. ET LAS VEGAS (AP) -- Casino giant Harrah's Entertainment says...

More high wage jobs in the U.S. and Europe lost forever... ...down the rabbit hole. Alice, is that you? Are we in Wonderland?

I was there three months ago for the ICSC jig. It was literally amazing to see the completely frozen construction projects, big, medium and small, all over the place. It was amazing to see the head count at the convention down 70% from 3 short years ago. It was amazing to talk to a guy...

http://news.bbc.co.uk/2/hi/business/8237955.stm Repossession capital of the US People queue for food donations in Las Vegas, which suffers from some of the highest rates of unemployment and foreclosures in the US By Jon Bithrey Business reporter, BBC News, Las Vegas Rising...

nazzdack stated Buffet never sells anything. In the article, it says he is selling now, and regrets selling before the meltdown in 2008. Edit - nazzdack just commented now. Stet.

For the moment, however, Mr. Buffett seems to be retrenching a bit. Like so many people, he was blindsided by the blowup in the housing market and the recession that followed, which hammered his holdings of financial and consumer-related companies. He readily concedes he made his share of...

Read the article. He sells all the time, and regrets not selling prior to 2008. With his steady and nearly exclusive stream of information on governmental, federal reserve, etc. future actions, you can bet he won't make that mistake again.

Buffet makes his money the old fashioned way, these days: He pays people in policy making circles or who are close to such people cold, hard cash. I'm sure he's been tipped off that unfavorable political turn of events have complicated the PPT's mission and they need to retreat from the heat.

Green Shits! Errr, I mean Shoots! Get your parachutes and your BUG OUT/SHTF bags ready. Haitian mud pies....mmm mmm good.

For you: Closely Watched Buffett Recalculating His Bets Last fall, Warren Buffett, 79, made big bets on Goldman Sachs and General Electric. Now, his Berkshire Hathaway is buying fewer stocks. By GRAHAM BOWLEY Published: September 7, 2009 Warren E. Buffett has two cardinal rules...

That would be akin to the American or German governments stopping subsidization of new car and home purchases. The whole economy is running on government STIMULUS, privatization of profits, and taxpayers subsidizing losses, baby! Green Chutes (make sure yours is working, because when the...

Green Shits! Some are saying Chinese exports will be down close to 50% YoY and it wouldn't surprise me.

http://www.nytimes.com/2009/09/08/business/economy/08buffett.html?_r=1&hp