Friday, November 13, 2009

Op-Ed Contributor - Where Credit Isn’t Due - NYTimes.com

Op-Ed Contributor - Where Credit Isn’t Due - NYTimes.com
It is called the invisible hand cause we are not supposed to push things around. However it would in the interest of the big banks to stop giving ammo to congress. It is clear now they are making case they need to regulated as the gouge the consumer.

Audit: FHA Reserves Collapse Much Faster Than Feared

Audit: FHA Reserves Collapse Much Faster Than Feared
Does anyone else hear sirens???

Thursday, November 12, 2009

Mish's Global Economic Trend Analysis: 10 States In Deep Fiscal Trouble

Mish's Global Economic Trend Analysis: 10 States In Deep Fiscal Trouble
The slide continues.

Wall Street Faces ‘Live Ammo’ as Congress Aims to Unravel Banks - Bloomberg.com

Wall Street Faces ‘Live Ammo’ as Congress Aims to Unravel Banks - Bloomberg.com
Congress talk sane thoughts for once

Wednesday, November 11, 2009

Rosenberg: Here's Why Unemployment Is Going To 13%

Rosenberg: Here's Why Unemployment Is Going To 13%
Ouch long cold winter ahead.

Tuesday, November 10, 2009

The U.S. Lunatic Asylum (i.e., Economy) Is Facing Approximately $15 Trillion In Roll Risk By 2012 | zero hedge

The U.S. Lunatic Asylum (i.e., Economy) Is Facing Approximately $15 Trillion In Roll Risk By 2012 | zero hedge
Today's must read

Rosenberg: Something Big Is About To Happen

Rosenberg: Something Big Is About To Happen
Going long the dollar still. When everyone else is jumping off the cliff I like bet against them surving.

Monday, November 9, 2009

Rosenberg: Unemployment Going To 13%

Rosenberg: Unemployment Going To 13%
Wow