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	<title>The Wall Street Examiner &#187; Us Taxpayer</title>
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	<description>Be prepared. Stay ahead of the herd.</description>
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		<title>Employment Numbers Not Good News For Housing</title>
		<link>http://wallstreetexaminer.com/2011/05/06/employment-numbers-not-good-news-for-housing/</link>
		<comments>http://wallstreetexaminer.com/2011/05/06/employment-numbers-not-good-news-for-housing/#comments</comments>
		<pubDate>Fri, 06 May 2011 17:35:48 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Money and The Fed]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=43263</guid>
		<description><![CDATA[Listing prices posted a second month of gains in April. This appears to be seasonal. Housing demand correlates directly with employment and the economy gained jobs in April. The gains appear to be slowing however, and that’s bad news for the future trend. When all the stimulus and Fed pumping ends, it looks like the typical summer seasonal peak in house prices will fall well short of last year’s level. That could lead to a new low in prices later in the year, which would be very bad news for the state of mortgage collateral, and for therefore for the financial system and the economy. Keep in mind that the US taxpayer is on the hook for Fannie and Freddie’s losses, and that will be a drain on the system for years to come. Click here to download complete report in pdf format (Professional Edition Subscribers). including 22 pages of charts and clear, cutting edge analysis that you can use to gain an edge in the market. Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here for more [...]]]></description>
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		<title>Allstate suit details, in black &amp; white, how Countrywide routinely lied in making MBOs</title>
		<link>http://forums.wallstreetexaminer.com/topic/920206-allstate-suit-details-in-black-white-how-countrywide-routinely-lied-in-making-mbos/</link>
		<comments>http://forums.wallstreetexaminer.com/topic/920206-allstate-suit-details-in-black-white-how-countrywide-routinely-lied-in-making-mbos/#comments</comments>
		<pubDate>Wed, 29 Dec 2010 13:39:00 +0000</pubDate>
		<dc:creator>a Wall Street Examiner</dc:creator>
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		<guid isPermaLink="false">http://forums.wallstreetexaminer.com/topic/920206-allstate-suit-details-in-black-white-how-countrywide-routinely-lied-in-making-mbos/</guid>
		<description><![CDATA[ZeroHedge link

Notes: 1) The US taxpayer is on the hook for any of these that are bad (right?  I can't keep straight which of these deals we're acting as backup for).

2) Countrywide = Mozillo = the guy who just happened to stroll into the room when t...]]></description>
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		<title>It’s Just Too Gross</title>
		<link>http://wallstreetexaminer.com/2010/10/28/its-just-too-gross/</link>
		<comments>http://wallstreetexaminer.com/2010/10/28/its-just-too-gross/#comments</comments>
		<pubDate>Thu, 28 Oct 2010 13:15:38 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=16073</guid>
		<description><![CDATA[by LimeJuice2 I have a hard time reading Bill Gross anymore, or anyone talking about the US financial system/economy as if it&#8217;s a one country closed system rather than a global one. The US economy is moribund because there is no job creation. In fact, using taxpayer dollars to foment, and now trying to reflate, the housing bubble made the exodus of jobs happen even faster as it magnified the cost of living disparity between US and China/India/etc. There is no shortage of liquidity for businesses at all. It&#8217;s just that all the liquidity is flowing out of US into other countries where they have job growth, higher interest rates, and more predictable fiscal policies, etc. GM took the US taxpayer bailout and then turned around and invested in auto plants in China. I just got back from India a couple weeks ago, and it&#8217;s incredible the growth that has occurred there in the past 5 years since I was last there. I haven&#8217;t been to China, but from what I&#8217;ve read it is the same. Ditto for Brazil, and all these other developing countries. For the multinational corporations, this continues to be a golden era with globalization and developing [...]]]></description>
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		<title>Obie Drinks the Kool Aid, What Would Shakespeare Say?</title>
		<link>http://wallstreetexaminer.com/2009/01/08/obie-drinks-the-kool-aid-what-would-shakespeare-say/</link>
		<comments>http://wallstreetexaminer.com/2009/01/08/obie-drinks-the-kool-aid-what-would-shakespeare-say/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 01:47:18 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Today's Markets]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=3746</guid>
		<description><![CDATA[I like Obie, but he has drunk the Kool Aid. We are doomed. He&#8217;s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn&#8217;t recognize it after it had already begun have any clue how to get us out of this mess? It makes no sense. But Obie is obviously listening to them. So we are doomed. Doomed, I say. What&#8217;s my advice? After all, I was one of those non-economist types&#8211;called bears&#8211; and we are multitude&#8211;who did see this coming. People like Bill Outada Poole, Big Dick Cheney and others say that nobody saw this coming. Well, the government bigshots and mainstream egonomists didn&#8217;t see it because they were the problem. It was their system. Greenspan built it and he was their maestro. Those of us malcontents on the outside looking in&#8211;we saw it and we screamed and yelled and ranted and raved, but nobody on the inside wanted to hear it. They were having too much fun sucking on the teat of the Ponzi scheme they had created. But that&#8217;s for another time. The question is [...]]]></description>
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