We’re all familiar with the Dow Jones Report. What about a Jones Report? A report on the average American. Is she working? Does he have health care? Does the average American have basic access to the essentials of life? [...]
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Where criminals are still free and desperately arguing for a continued coverup of their crimes: I’m not amused that the Wall Street Journal solicited an op-ed attacking the decision to try KSM in civilian court from one of the people–John Yoo–with the biggest conflict on such a decision. It’s yet more proof that Rupert Murdoch [...] Yesterday I came across this video on You Tube of a young man named Robert Erickson giving a speech at a Minnesota Tea Party Against Amnesty. Erickson is introduced as a resident concerned about illegal immigration. He says the usual litany of complaints about immigrants: they steal our jobs, they stress our infrastructure, they tax [...] The widely watched S&P 500 index not only failed to hold the 900 level yesterday, it also closed below its 50 and 200 moving averages, a highly bearish signal. The Dow and Nasdaq also got whacked. Trader Mike reads the tea leaves. I once asked a friend who has traded futures successfully if technical [...] Zerohedge explains why, in great detail too. In Phoenix, the real-estate market is fixing itself with no help from the government. How? Houses owned by folks who can’t afford to own them are being sold at auction. In some cases, happily, the buyers are then turning around and renting the houses to their previous owners with at rents that are much lower [...] What ‘green shoots’ look like. Via Infectious Greed We’ve “stopped falling off a cliff.” Oh, sure, sure. Now we’re bouncing down the scree: Housing starts unexpectedly slid 13 percent to an annual rate of 458,000, led by a 46 percent tumble in multifamily starts, which tend to be more volatile, Commerce Department figures showed [...] Calculated Risk, in their first video, shows an empty, never-used condo project in Irvine. The lights are on, but no one is home. Ever. New condos like this are shadow inventory – they are not included in the Census Bureau new homes report, and they are not listed in the MLS. But they do [...] That’s a lot of pain… |  | ||||
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