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    TARP has done nothing to force banks to deal w/"troubled assets," so says Congress

    http://www.nytimes.com/2009/08/11/business/11toxic.html?hp
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    More Evidence Great Depression II Is Here: 30mm Unemployed in U.S. (19% of workforce)

    If the stats Herbert cites are true, there is no way out. I believe his stats to be more true than not. A Scary Reality By BOB HERBERT Published: August 10, 2009 http://www.nytimes.com/2009/08/11/opinion/11herbert.html?_r=1&hp Last week was a pretty good one for President Obama...
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    •Consumer Bankruptcies in U.S. May Reach 1.4 Million on Job Losses, Credit

    GREEN SHOOTS! http://www.bloomberg.com/apps/news?pid=20601087&sid=au04p.PrHKhA Consumer Bankruptcies May Hit 1.4 Million for 2009, Study Says Share | Email | Print | A A A By Linda Sandler and Andrew M. Harris Aug. 10 (Bloomberg) -- Consumer bankruptcies show no sign of abating...
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    Will indentured servitude come back?

    If you're not loaded already, with powerful friends, there's a better chance than not you and your kids will be indentured servants - dependent on the government and employers to give you highly deflated wages, even lowering the nominal amount at times, while, if you're weak of constitution, in...
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    Goldman strategist says S&P could hit 1,100 this year

    That's because she needs to be riding on one of these:
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    When Debtors Decide to Default

    They've gone way too far; they're far worse than the mafia or money changers in Herod's Temple.
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    When Debtors Decide to Default

    Screw the usurious credit card slimef**ks. Let's hope they all go broke.
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    Obama, Wall Street's Man; 'Punkin' Us'

    http://www.nytimes.com/2009/08/09/opinion/09rich.html?em Is Obama Punking Us? By FRANK RICH Published: August 8, 2009 “AUGUST is a challenging time to be president,” said Andrew Card, the former Bush White House chief of staff, as he offered unsolicited advice to his successors in...
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    Acer Aspire has power but otherwise appears dead

    It's a well known problem. Your motherboard is probably fried. These are pieces of shit and Acer has terrible customer service. If it's under warranty, call Acer and yell in three different languages until the agree to send you a new one.
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    •Fed Focusing on Commercial Real-Estate Recession as Bernanke Convenes FOMC

    http://www.bloomberg.com/apps/news?pid=20601109&sid=aTOaAnSiL7YM
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    •Treasurers' Fear of Next Credit Freeze Revealed in Corporate Cash Hoarding

    http://www.bloomberg.com/apps/news?pid=20601109&sid=aiaPcxn9NpYk
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    Nouriel Roubini warns China could cause commodity price slide

    http://www.telegraph.co.uk/finance/newsbysector/industry/5966772/Nouriel-Roubini-warns-China-could-cause-commodity-price-slide.html
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    Neil Barofsky Is Auditing The Relationship of Goldman & AIG's Bailout

    Guys, here is a huge expose on the timing of the events regarding Goldman, AIG & Paulson (and others), which is a hihly fantastic read. I know there is another article on it that I posted, but this is a really detailed chronology, and Goldman is truly on the defensive, because much if not all...
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    Developers Resort to Shrink Wrapping Houses & Shopping Centers

    Shrink-wrapped homes & shopping centers. Green shoots!
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    Well, well, well...POS Hank Paulson & Goldman 'Questions' Being Raised

    C'mon, common sense prevails here. Paulson was doing a solid for his pals. And man, what a solid it was.
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    Well, well, well...POS Hank Paulson & Goldman 'Questions' Being Raised

    "On the morning of Sept. 16, 2008, the day the A.I.G. rescue was announced, Mr. Paulson’s calendars show that he took a call from Mr. Blankfein at 9:40 a.m. Mr. Paulson received the ethics waiver regarding contacts with Goldman between 2:30 and 3 the next afternoon. According to his calendar...
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    Mansions Go Under the Gavel

    I'll find it eventually, but this should tide you over: Buyers flocking to cheap foreclosed homes http://www.azmortgages.net/article1.htm by Catherine Reagor - Mar. 22, 2009 The Arizona Republic A Glendale home that sold less than two years ago for $259,000 sold again three...
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    Well, well, well...POS Hank Paulson & Goldman 'Questions' Being Raised

    Continued from above Goldman’s Windfall For investors in the United States and around the world, the days after the A.I.G. rescue were perilous and uncertain; the Dow Jones industrial average fell 4 percent on Sept. 17 as credit markets froze and investors absorbed the implications of...
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    Well, well, well...POS Hank Paulson & Goldman 'Questions' Being Raised

    Henry Paulson shaped policies that affected his former firm. No shit. This POS should be rotting away in prison. http://www.nytimes.com/2009/08/09/business/09paulson.html?pagewanted=1&_r=1&hp Paulson’s Calls to Goldman Tested Ethics During Crisis By GRETCHEN MORGENSON and DON...
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    Mansions Go Under the Gavel

    There are entire subs of KB Homes single family homes in Phoenix, never lived in, 90k. Original asking price in 2006? $330,000. I'll link it if I can find it. It made all the headlines. Good luck to the guy who invested his life savings in a castle that's down 75% in value, when he's 55...
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