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http://www.investmentu.com/IUEL/2009/us-housing-market.html The U.S. Housing Market: Three (More) Reasons Real Estate Isn’t Rebounding by Louis Basenese, Advisory Panelist Tuesday, August 3, 2009: Issue #1058 If ever an off-the-wall indicator existed to predict the fate of the U.S...

Everything right now is a confidence game, and a 'shell game,' at that. It's actually more like a game of 'chicken.' If the government can't convince consumers to spend more, whether by accessing savings or taking on more debt, they won't be able to stave off a depression, no matter how...

This is so laughable. 550,000 initial claims, versus expectation of 580,000, which was obviously gamed high so they couldn't miss. 550,000 initial claims is extremely bad. On top of that, continuing claims GREW to 6.9 million. Moreover, "when emergency extensions of unemployment are...

This is so laughable. 550,000 initial claims, versus expectation of 580,000, which was obviously gamed high so they couldn't miss. 550,000 initial claims is extremely bad. On top of that, continuing claims GREW to 6.9 million. Moreover, "when emergency extensions of unemployment are...

Precisely. Goldman played the game perfectly. This is the largest transfer of taxpayer wealth to private financial firms, or any other entities, in the history of the nation or world. It's nothing less than the ultimate heist - trillions of money from those struggling, given to some of...

Expectations were set so low, it would be impossible for them not to meet, and yet, some of them are missing anyways. One cannot underestimate how truly bad things are, and more importantly, how awful things are going to be going forward. Americans are still in denial as to how the ground...

turder's back!!!! Deploy crash helmets!!!!!!!!!

I know some will claim I'm just parroting populist rage, but I believe it's factually true that financial firms, upon which the U.S. economy has become increasingly reliant, and which engage in activities do financially dangerous they truly do pose a systemic risk to the entire economy, are...

In 18 to 24 months, the used car market will be flooded with repo'd, fuel efficient cars.

It's truly okay. I'm not easily offended, despite my penchant for standing firm on my positions, and even engaging in hand to hand combat when challenged inappropriately. On my tombstone....hmmm. "Some labeled him pessimistic, but history deems him forever a realist."

http://www.businessinsider.com/warren-bailout-buffett-2009-8

Consumer Reports did a comprehensive study, and even after accounting for extensive repairs, owning a car for 12 to 15 years, with proper maintenance, cost 1/3 as much as buying a new car every 5 years. Some will think that it's too high a personal price to pay to drive a car for so long...

The guy on the left side of the screen talking on the phone: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/twRp_c93X-Y&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Yes. I was conned. I'll never vote for any candidate of either major party again, with the lone exception of Ron Paul. The fact that his party doesn't even want him, alone, tells you all you need to know.

It's his ride:

It's only a 1000% increase in their bad loan portfolio.

At any other time, I'd be inclined to agree, but not this year. I think even average people are boiling, raging mad, and they've identified Goldman as one of the symbols of the corruption they perceive is degrading their living standards.

Oh, I know, but Goldman puts the "sexy" in it. And we're all about sexy.