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This was utterly fantastic; thanks for posting. It's further proof of what I and many others suspected from the early days - Rumsfeld, Cheney, Perle & the Neocons had to invent an organization to lay down the pretext for invading Iraq and Afghanistan, and blame that organization for the acts...

Green shoots! They are getting credit card lines slashed, many are losing jobs, health insurance, pensions, etc., even those who have positive equity in their homes can't borrow money in many cases b/c banks are assuming further depreciation, and the ones who are already underwater are...

I can buy a 70' lot on the intercoastal in Florida right now - lat selling price 19 months ago for $840,000, for $250,000. I'm sure I can get it for $200,000, also. When people who owe banks big money are illiquid, they'll raise money any way they can. I don't want that lot at any...

Yep. The U.S. is going to be awash in gently used, extremely inexpensive, 1 to 2 year old cars soon, which will depress the price of new cars, also. http://www.thetruthaboutcars.com/kelly-blue-book-cash-for-clunkers-bubble-will-burst/

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http://www.bloomberg.com/apps/news?pid=20601109&sid=aX39_VW6pf3U ‘Lost Couple of Decades’ Looming for U.S. Economy: Chart of Day Share | Email | Print | A A A By David Wilson Aug. 7 (Bloomberg) -- The U.S. economy may be just as sluggish during the next 20 years as Japan’s...

You could have bought this previously appraised 14 million dollar home for 2.5 million at auction; I'll bet anyone here it will be back on the market for less than 1.5 million within 18 months. http://www.elitetrader.com/vb/showthread.php?threadid=172600

When the crash happens, your sisters, and maybe your mother, can work for me. But you're going to have to ask nicely and pay respect, son.

From Aspen to the Hamptons, Cape Cod to Palm Beach. This one was appraised at 14 million a few years ago - sold for 2.5 million. Mansions Go Under the Gavel http://www.nytimes.com/2009/08/08/business/economy/08auction.html?hpw An auction of his home and all its contents raised less...

A mighty shocking autopsy report concludes cocaine contributed to the sudden death of pitchman Billy Mays back in June. The report, which was released today, lists "cocaine use" as a contributing cause of death -- along with hypertensive and arteriosclerotic heart disease. A Hillsborough...

It doesn't matter. When people run out of credit, now that they've run out of cash, and banks won't loan them any money, they'll set up mud pie stands and sell mud pies. Green shoots!

Thanks for reminding me, wt - nearly half of Americans who "own" their home would have to come out of pocket and pay money at closing to sell it, assuming they could find a buyer. Green shoots!

Here's a classic: http://www.thestreet.com/story/891820/the-winners-of-the-new-world.html If you had invested a million dollars on Cramer's most bullish portfolio ever, you'd have about $7,370 right now.

I agree that earnings' expectations were set low enough so that they could report many 'beats.' That's just one of the ways they rig the table game. And I love the projections that the alleged trend down in job losses is just assumed to continue, and that any re-acceleration is apparently...

Green shoots, horse manure, and statistical manipulation. Green shoots! http://norris.blogs.nytimes.com/2009/08/07/not-as-bad-but-not-good/?hp Long-term unemployment is higher than ever. The number of unemployed people who have been unemployed for 14 weeks or less was 6.79 million in...

Are you serious? If you are, then yes, they'll chase him for life. Whether they get anything depends on other factors you're not mentioning and may not be privy to. You can't get water from a rock. He could always file for bankruptcy, in which case the bank will pretty much be...

If the government can claim, with a straight face, that the nation lost 250,000 jobs, and that this is positive news, when 400,000 people had their unemployment insurance benefits run out, and therefore are no longer considered unemployed, even though they are in the real world, and the stock...

Now that is some funny ass shit right there! They literally gagged her last year, and stuffed her in the broom closet (where she belongs), with none other than the CEO of Goldman coming out publicly and saying she was being reassigned to another role at Goldman, as she has embarrassed GS so...

I just listened to a BBC report on this, and no, planes are not full, and they bled a billion USD in just 3 months, and are going hat in hand to the gov't, and they specifically mentioned Nagoya and cutting back routes aggressively. The fact the losses are so steep given the drop in fuel...