Central Planning has crippled the real estate market to “save” their core constituency, the banks.
If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here’s what you would recommend.
1. C…
Central Planning has crippled the real estate market to “save” their core constituency, the banks.
If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here’s what you would recommend.
1. C…
In the movie Groundhog Day, Bill Murray’s character is forced to relive a single day over and over and over—waking up to the same song every morning, meeting the same people, having the same conversations—until, after thousands of repetitions, …
Doom read….apparently starts on monday
http://halfpasthuman.com/grunch.html
Well, according to this link:
http://finance.yahoo.com/q?s=bac&ql=1
…Bank of America is solidly back in the six-dollar range, and headed lower.
Poor “Uncle Warrant” must be kicking himself for piling into this pig.
Anyway, are we coming closer to…
Heh, as shown here:
http://finance.yahoo.com/q?s=BAC
Bank of America (soon to be Bonnie Mae, at this rate) is down 5% in pre-gambling.
Which puts it back in the six-dollar range.
So, will Obama pick up the red phone and call “Uncle Warren” to beg t…
The U.S. government is following a course of action that is creating a zombie banking system, while it still has the choice to do otherwise, according to John Hussman. Hussman believes that, while the global economy may appear to be in a rough patch,…
In April 2010, we discussed the false meme that defaulting homeowners were about to cause a surge in retail spending (Are Defaults Really Driving Retail Spending?). That blessedly data free idea turned out to be false. But as the backers of Supply-Si…
Most interesting to me this morning are the financial implications of all these things and let’s start with Japan. Monumental doesn’t seem to describe the unholy mess there, just the sheer awfulness of all that mud, twisted steel, radioactive trash,…
by Jimi (Stool Pigeons Wire) To my read, they’ve done nothing to answer the age-old question of price. Here they claim: Private Sector Price Discovery:…