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I'm intimately familiar, as in face-to-face, with commercial real estate, in no fewer than 5 states (Nevada, Arizona, Florida, California and Michigan), and I can confidently predict that the shakeout of the overbuilding, over-leveraging and underperforming office buildings, retail 'power...

Bush/Cheney would have bombed North Korea, killing the hostages in the process, and igniting WWIII.

Our system fails to financially penalize destructive behavior, and fails to reward constructive behavior. Just taxing the hell out of cigarettes has had a remarkable effect in cutting the smoking rate.

The collective genius/medical-establishment-lobbyists in the U.S. would apparently rather ensure that taxpayers and insurance premium payers spend $1,000 in post-disease care for every $1 in disease prevention. Right now, we spend 16% of GDP on health care, compared to an average of 8% in...

Radioactive leak is feared By Aaron Besecker NEWS NIAGARA REPORTER July 19, 2009, 7:32 AM An underground container that holds about half of the world’s supply of radium may be leaking into groundwater in northwestern Niagara County, an advisory group to federal regulators warns...

Because I know as a verified fact that the odds of consistently making money trading are extremely low, and the odds of consistently losing money trading are extremely high. It's all fun and games until your stops get crashed with no bids at any ask. Since you're so gung ho on trading, and...

Yes. As Yogi Berra would say, "it's like [2007] deja vu, all over again." And we all know what ultimately happened back in 2007.

Dennis Kneale is the puss filled boil that requires lancing that sits atop the already infected abscess that is CNBC. Like the icing atop the cake, but in a bad way.

Contrarian indicator? Now that is truly funny. I guess when a factory burns down, productivity will rise.

It's "only half the worst job loss ever," according to Steve "the pimple" Liesman. CNBS, bullshitting America with a straight face since 1988. Oh, and June was revised downward to 463k, too. We're headed for real unemployment of 20% sooner than anyone anticipated, and probably 25% or more.

No comments on this remarkable and unprecedented sea change?

Maybe they plan on defecting like in 'The Hunt for Red October.'

wtf????? http://www.nytimes.com/2009/08/05/world/05patrol.html?_r=1&hp

Obama is a big, wet fart. Those who hoped he'd be for sane regulation of insane, out of f**king control bad actors, killing America...well...you could not possibly be more disappointed, could you?

At this pace of decelerating earnings, imagine what their P/E ratio will be in 4 Qs from now. Can you say accelerating loan losses?

Oh really? No shit. This is the tip of the spear. Wait until they get a load of next year. American Incomes Head Down, Threatening Recovery in Spending Share | Email | Print | A A A By Shobhana Chandra Aug. 5 (Bloomberg) -- Household income in the U.S. is weakening as the...

Shake down, break down, commercial and residential RE loans - you're busted. http://www.bloomberg.com/apps/news?pid=20601087&sid=abhXD5v0n1Vc

•Lloyds Posts $5.2 Billion First-Half Loss on Corporate, Real Estate Loans Yippee Kiyea. This is the tip of the spear in a year with massive commercial real estate loan defaults, stretching deeply into the far and wide (maybe 2012 or beyond?)...

Fools suffer mightily. Anyone not cashing their chips in at this point, after one of the biggest bull runs in the shortest time periods ever...well, pigs get slaughtered.

In the U.S., boomers fueled the dot.com AND the real estate bubbles. Those are just two examples of how powerful they were in deploying capital, whether in equities or hard assets. They are a significant chunk of the population, dwarfing the size of their replacement pool in sheer numbers...