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S&D. Housing is doing well in certain markets where people want to live. For example, from yesterday's front page of my local paper: http://www.charlotteobserver.com/2011/04/20/2237741/catalyst-sells-for-record-price.html#storylink=misearch Wages are going up for highly skilled, hard to...

I believe it was a Brit (Sir Winston Churchill) who turned a fine phrase: "It has been said that democracy is the worst form of government except all the others that have been tried."

You got it. A fundemental principle of these losers is that serious inequality of outcome means somebody cheated. Therefore, if one stops the cheating (aka fraud and manipulation) the prices will come back down. It's an easy shortcut that doesn't require much thought and is perfect for Dear...

Well now. Nothing says confidence like lining the naysayers up against the wall then shooting them dead.

Thing is, everyone knows this. Once this puppy starts to deflate, it's going to be brutal as everyone jumps onboard. We'll have an epic "reverse-bubble". Might be difficult to avoid the false starts tho. By the time we finish, everyone will blame The Evil Speculators for the crash - and...

Bill Whittle wrote an outstanding piece on this called Seeing the Unseen. It has two parts and it's worth a read.

To be fair, it's an unwritten part of their job description (for Helicopter Ben and Turbo Tom) to be unwaveringly confident about the US economy. Even unflinchingly - I wonder if one of them will develop a nervous tic by the time this concludes? Anyway, it's their job to say that. And it is...

His bar is upstairs. After shoveling out a massive load of ultra pure bovine excrement, anyone would be ready for a drink. Or six.

:D It only stings `cuz it's true. :D

al sharpton said he was going to give crystal a scholarship even if her story didn't pan out. I wonder what happened to that? Could it be that the "good reverend" is not `xactly a man of his word?

They indicated a one in three chance they'd have to downgrade in just a few years. IOW, they think we have a two in three chance of getting our financial house in order. In just a few years. That is hilarious. I suppose half that 2 in 3 is based on the odds of Obama suddenly...

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Tuesday said there was "no risk" that the United States would lose its prized AAA credit rating, saying political prospects for long-term deficit reduction were improving. :D :D :D

China has one advantage that we lack. Here, when a big enough group of voters get together, they get money from the government. Over there, they get run over by tanks (literally).

Comic relief.

I can see it now. Announcing the QE to end all QEs, the Mother of All QEs, QEIII! It's so big we had to use Roman Numerals! 16 digits of stimulus. We're sending the markets into orbit and we do not care WTF happens down the road.

Nice link, thanks.

Actually that's from Rolling Stone. One would not expect to hear a positive review of a movie made from Atlas Shrugged by any left leaning organization, no matter how amazing the movie. OTOH, there is always the possibility of a terrible movie from a good book. Another reviewer wrote...

The "free money" is not gone. Keynes hasn't failed yet (although our implementation of it will). Thing is, even when it fails, these losers will still be voting for this stuff. Just look at Detroit. 50+ years of failure! Two and a half generations! Talk about EPIC FAIL. Are they...

Actually, it's the many now, not the few. The majority of the population of the United States of America do not work for a living. But they all vote. Guess which side of the government spending battle they are on?

I remember the height of the tech bubble. We found a company that did absolutely nothing. They admitted it straight up. Stated quite plainly in their paperwork that there were no expenses, no offices, no revenue, no customers, no products, no services, no employees. The whole thing was...